BKLN
Invesco Senior Loan ETF

Price: $21.13
Change: $0.01 (-0.0%)
Category: High Yield Bonds
Last Updated:

Vitals

Issuer Invesco
Brand Invesco
Structure ETF
Expense Ratio 0.65%
ETF Home Page Home page
Inception Mar 03, 2011

Analyst Report

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.

ETF Database Themes

Category High Yield Bonds
Asset Class Bond
Region (General) Developed Markets
Region (Specific) Broad
Bond Type(s) Bank Loans
Bond Duration All-Term

FactSet Classifications

Segment Fixed Income: U.S. - Corporate, Bank Loans High Yield Floating Rate
Category Corporate, Bank Loans
Focus High Yield
Niche Floating Rate
Strategy Vanilla
Weighting Scheme Market Value

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $19.20
  • 52 Week Hi $21.15
  • AUM $9,104.7 M
  • Shares 436.5 M

Historical Trading Data

  • 1 Month Avg. Volume 13,009,428
  • 3 Month Avg. Volume 11,822,732

Alternative ETFs in the ETF Database High Yield Bonds Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SCYB 0.03% $648.3 M 290,097 8.72%
Largest (AUM) USHY 0.08% $20.6 B 11 M 9.49%
Most Liquid (Volume) HYG 0.49% $15.9 B 35 M 9.03%
Top YTD Performer XOVR 0.75% $116.8 M 37,129 41.20%

Alternative ETFs in the FactSet Fixed Income: U.S. - Corporate, Bank Loans High Yield Floating Rate Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest FLBL 0.45% $704.3 M 301,878 7.78%
Largest (AUM) LONZ 0.52% $742.3 M 105,735 9.26%
Most Liquid (Volume) FLBL 0.45% $704.3 M 301,878 7.78%
Top YTD Performer LONZ 0.52% $742.3 M 105,735 9.26%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

BKLN ETF Database Category Average FactSet Segment Average
Number of Holdings 155 457 218
% of Assets in Top 10 40.10% 26.85% 42.62%
% of Assets in Top 15 45.68% 30.36% 46.60%
% of Assets in Top 50 75.24% 47.80% 67.99%

Size Comparison

BKLN ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A 0.98% N/A
Mid (>2.7B) N/A 0.07% N/A
Small (>600M) N/A 0.00% N/A
Micro (<600M) N/A 0.00% N/A

BKLN Valuation

This section compares the P/E ratio of this ETF to its peers.

BKLN
P/E Ratio
N/A
ETF Database Category Average
P/E Ratio
0.01
FactSet Segment Average
P/E Ratio
N/A

BKLN Dividend

This section compares the dividend yield of this ETF to its peers.

BKLN ETF Database Category Average FactSet Segment Average
Dividend $ 0.13 $ 0.30 $ 0.19
Dividend Date 2024-11-18 N/A N/A
Annual Dividend Rate $ 1.80 $ 2.29 $ 2.39
Annual Dividend Yield 8.51% 6.39% 7.99%

BKLN Price and Volume Charts

View charts featuring BKLN price and volume data.

BKLN Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 0 1 Month Net Flows: 1.49 B 3 Month Net Flows: 2.3 B 6 Month Net Flows: 968.75 M 1 Year Net Flows: 3.9 B 3 Year Net Flows: 3.03 B 5 Year Net Flows: 4.3 B 10 Year Net Flows: 3.9 B

BKLN Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.

5 Day Net AUM Change: 3.02 M
1 Month Net AUM Change: 1.51 B
3 Month Net AUM Change: 2.34 B
6 Month Net AUM Change: 990.59 M
1 Year Net AUM Change: 3.95 B
3 Year Net AUM Change: 2.55 B
5 Year Net AUM Change: 3.84 B
10 Year Net AUM Change: 2.96 B

Realtime Rating

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 ETF Database 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 ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A HYG
Expenses C+ SPHY
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

BKLN Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

BKLN
Expense Ratio
0.65%
ETF Database Category Average
Expense Ratio
0.43%
FactSet Segment Average
Expense Ratio
0.56%

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions Ordinary income
Distributes K1 No
ESG Themes and Scores

BKLN does not have an ESG score. There are no ESG themes that map to this ETF.

BKLN Performance

This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.

BKLN ETF Database
Category Average
Factset Segment
Average
1 Month Return 1.19% 1.67% 0.79%
3 Month Return 2.76% 2.63% 1.76%
YTD Return 7.89% 8.33% 5.45%
1 Year Return 9.83% 10.84% 6.56%
3 Year Return 6.20% 2.42% 3.22%
5 Year Return 4.57% 2.34% 2.57%

Geographic Exposure

The following charts reflect the geographic spread of BKLN's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of BKLN's underlying holdings.

Asset Percentage
Bank Loan 64.14%
Other 15.01%
Open-ended Fund 14.66%
Corporate 4.58%
CASH 1.66%
Bond Sector Percentage
Maturity Percentage
Less Than 1 Year 0.0%
1-3 Years 0.0%
3-5 Years 0.0%
5-7 Years 0.0%
7-10 Years 0.0%
10-15 Years 0.0%
15-20 Years 0.0%
20-30 Years 0.0%
30+ Years 0.0%
Asset Percentage
Bank Loan 64.14%
Other 15.01%
Open-ended Fund 14.66%
Corporate 4.58%
CASH 1.66%

BKLN Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility 12.49%
20 Day Volatility 1.61%
50 Day Volatility 1.67%
200 Day Volatility 2.82%
Beta 0.27
Standard Deviation 0.49%
5 Day Volatility
12.49%
Rank
34 of 86

20 Day Volatility
1.61%
Rank
78 of 86

50 Day Volatility
1.67%
Rank
78 of 86

200 Day Volatility
2.82%
Rank
72 of 86

Beta
0.27
Rank
67 of 81

Standard Deviation
0.49%
Rank
78 of 85

Technicals

  • 20 Day MA $21.07
  • 60 Day MA $20.87
  • MACD 15 Period 0.04
  • MACD 100 Period 0.44
  • Williams % Range 10 Day 22.22
  • Williams % Range 20 Day 8.74
  • RSI 10 Day 75
  • RSI 20 Day 75
  • RSI 30 Day 73
  • Ultimate Oscillator 54

Bollinger Bands

  • Lower Bollinger (10 Day) $21.06
  • Upper Bollinger (10 Day) $21.15
  • Lower Bollinger (20 Day) $20.97
  • Upper Bollinger (20 Day) $21.16
  • Lower Bollinger (30 Day) $20.82
  • Upper Bollinger (30 Day) $21.19

Support & Resistance

  • Support Level 1 n/a
  • Support Level 2 $21.12
  • Resistance Level 1 n/a
  • Resistance Level 2 $21.16

Stochastic

  • Stochastic Oscillator %D (1 Day) 36.83
  • Stochastic Oscillator %D (5 Day) 73.74
  • Stochastic Oscillator %K (1 Day) 49.39
  • Stochastic Oscillator %K (5 Day) 70.74

Tradability

  • Tracking Difference Median (%) -1.31
  • Tracking Difference Max Upside (%) -0.35
  • Tracking Difference Max Downside (%) -1.96
  • Median Premium Discount (%) -0.10
  • Maximum Premium Discount (%) 0.39
  • Average Spread (%) 1.00
  • Average Spread ($) 1.00

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Data Lineage

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Analyst Report Authors

ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.

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Copyright MSCI ESG Research LLC [2018]. All Rights Reserved. MSCI ESG Research LLC’s (“MSCI ESG”) Fund Metrics products (the “Information”) provide environmental, social and governance data with respect to underlying securities within more than 23,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted, to nor received approval from, the US SEC or any other regulatory body. None of the information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. All Information is provided solely for your internal use, and may not be reproduced or redisseminated in any form without express prior written permission from MSCI. Neither MSCI ESG nor any of its affiliates or any third party involved in or related to creating any Information makes any express or implied warranties, representations or guarantees, and in no event will MSCI ESG or any such affiliate or third party have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) relating to any Information. More information on MSCI ESG Fund Metrics, provided by MSCI ESG Research LLC, can be found at https://www.msci.com/esg-fund-metrics.
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