BKLN News and Press, Invesco Senior Loan From 12/20/22

Invesco Senior Loan ETF ( NYSEARCA: BKLN ) - $0.2061 . 30-Day SEC Yield of 6.58% as of Dec 19. Payable Dec 23; for shareholders of record Dec 20; ex-div Dec 19. For further details see: Invesco Senior Loan ETF declares monthly distribution of $0.2061

Summary The MPV is a CEF that is focused on private middle-market loans to U.S. companies. The fund has a strong long-term track record with 11.3% average annual return since inception in 1988. Importantly, the MPV fund pays a sustainable distribution that does not destroy NAV value...

Summary Janus Henderson AAA CLO is an exchange traded fund. The fund is composed solely of AAA CLO tranches. The vehicle is virtually risk-free, with this slice of debt never defaulting in its history. The asset base is floating rate, hence JAAA is now offering 30-day SEC yields...

Summary Even now, a recession (in 2023) isn't a certainty, yet if there's one it will surely be (one of) the least surprising recessions in history. Be careful what you wish for: "Pivot" is not a magic word/stance that will automatically/quickly fix everything. Be careful what you i...

Summary Year-to-date, allocations to floating rate notes have resulted in a more than 20% performance differential compared to U.S. 10-Year notes. Rising rates explain why owning the same securities as the Agg but reducing the maturity profile (1–5 years) led to losses that...

Summary FTHY continues to trade at an attractively deep discount, reaching near its widest discount since it launched. The fund is expected to liquidate in 2027; this should reduce as we get closer though we still have quite a bit of time. Rising rates and credit risks have pu...

Summary For the most part, 2022 has unfolded largely on script, with inflation proving stubborn and the Federal Reserve seeking to cut off the spigot. Despite the general monetary trend toward stiff tightening on a global basis, individual countries continue to initiate moves to s...

Summary Income investors seeking to boost yields often find themselves depending on higher-yielding investments such as bank loans, high-yield bonds and dividend-paying equities. The key to an efficient income portfolio is selecting the most impactful building blocks and assemblin...

Summary EVG looked like a better deal earlier this year, but the discount has narrowed. That pushes me to be more cautious overall because the valuation isn't attractive enough to compensate for risks. If you are already holding this fund, it doesn't appear overvalued, but a c...

Summary The BKLN ETF gives investors a convenient way to gain exposure to floating rate senior loans. The fund pays a moderately high distribution yield of 3.7% that has been rising in recent months. However, total returns of the fund have been poor, as widening credit spreads...