BKLN News and Press, Invesco Senior Loan From 03/09/23

2023-03-09 15:14:17 ET Summary Data aggregator websites such as Morningstar or CEFData are merely places to get initial ideas. With CEFs that can get rather niche and are actively managed, it becomes even more imperative as things change constantly. CEF misclassifications can ...

Summary While interest rate hikes might be nearing an end, there are still some left to go that floating rate funds can benefit from. FRA continues to trade at an attractive discount, making it a potential option for investors to consider. They can bump up their distribution for sha...

Summary FTHY is trading at an attractive discount and looks like a candidate, with the Fed slowing the pace of interest rate increases. These interest rate increases might even be near an end, with the latest 25 basis points expected to be one of the last. This fund's distribution y...

Summary The University of Michigan Consumer Sentiment added a stronger-than-expected 1.5 points to January’s strong gain to reach 66.4, the highest reading since January 2022. Beijing lashed out at President Joe Biden for saying Chinese leader Xi Jinping faces ‘enormous pr...

Summary After taking a beating last year, US fixed income securities have clawed back some of the losses so far in 2023, based on a set of ETFs through Feb. 9. Deciding if TLT and bonds generally can continue to recover is tricky in the wake of renewed comments from Fed officials, who a...

Summary The HYGH ETF provides interest rate hedged exposure to high yield bonds. It can be thought of as a pure-play on the direction of credit spreads. Compared to floating rate senior loan funds like the BKLN ETF, HYGH has superior returns and Sharpe Ratios. The iShares ...

Summary Senior loans are, thanks to their floating rates and short duration, the best performing bond category this year. They now face a double challenge: high inflation (and hence high interest costs) and a slowing economy. When do you want to buy senior loans? When you have a boo...

Summary AFT is at an attractive and compelling deep discount. However, it lags peers, so the larger discount could be warranted if, in the future, the weaker performance persists. The fund has raised its distribution five times this year, with more to come potentially. W...

Summary Senior Loans used to be a reliable, predictable source of income, even considered by some to be a money fund alternative. Not anymore. The state of the bond market, both from a credit and rate standpoint, has introduced uncertainty here that was always possible, but rarely seeme...

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