|Day Lo||-||Day Hi||-|
BKLN delves into the high yield bond space by investing in leveraged loans to offer juicy yields to those willing to forgo the risks and invest in this product. The high yield bond space has been cracked wide open by ETFs, as these products have offered numerous ways for investors to take advantage of this space. High yields can be a great addition to a yield-starved portfolio, as they can offer yields into the double digits for those willing to take on the risks that come along with it. The high returns come from riskier bond choices who have to pay out higher ratios to compensate investors for high risks. this means that the holdings of these ETFs will have higher chances of defaults, and could potentially leave investors out to dry. But for those who have done their homework on the holdings of a particular "junk" bond fund have the ability to generate strong returns from these powerful products. BKLN invests entirely in U.S. leveraged loans, giving investors a pure play on the domestic economy that other "junk" bond products do not offer. This product will make a strong addition to investors who understand the risks and want a diversified exposure to the high yielding space as it exists in the US.
The adjacent table gives investors an individual Realtime Rating for BKLN on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the High Yield Bonds with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.
|Cash And Equivalents||20.75%|
|Agency Mortgage Backed||0.0%|
|Commercial Mortgage Backed||0.0%|
|Non Agency Residential Mortgage Backed||0.0%|
|US Municipal Tax Advantaged||0.0%|
|0% to 1%||8.61%|
|1% to 2%||0.0%|
|2% to 3%||0.23%|
|3% to 4%||28.36%|
|4% to 5%||27.69%|
|5% to 6%||6.41%|
|6% to 7%||2.05%|
|7% to 8%||0.75%|
|8% to 9%||1.72%|
|9% to 10%||0.0%|
|Greater Than 10%||0.0%|
|Less Than 1 Year||0.0%|
This ETF is currently available for commission free trading on the following platforms: (Charles Schwab)
There are 18 other ETFs in the High Yield Bonds ETFdb Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of BKLN relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb Category.
2014 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1 ) is proprietary to Morningstar and/or its content providers; ( 2 ) may not be copied or distributed; and ( 3 ) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.