FTSL News and Press, First Trust Senior Loan Fund From 09/04/19

The XAI Octagon Floating Rate & Alternative Income Term Trust ( XFLT ) could use some rebranding. With a lengthy name like that and an even more complicated business model and investment structure, no wonder it is relatively under-appreciated in the marketplace. Investment Strategy F...

(Source: Pexels/Pixbay ) The XAI Octagon Floating Rate & Alternative Income Term Trust ( XFLT ) is likely one of the most exotic sounding ETFs most investors will find on the market today. Put simply, the fund invests in high yield leveraged loans, much like "playing banker". On one h...

Some $467M flowed out of U.S. leveraged loan funds in the week ended Aug. 28, following $864M in outflows in the previous week, according to Refinitiv's Lipper. More news on: Invesco Senior Loan ETF, Voya Prime Rate Trust, Eaton Vance Senior Floating-Rate Fund, Financial stocks news, News ...

As the US-China ( MCHI , FXI ) trade fight is escalating (by the day), it's not a big surprise to see some major shifts when it comes to asset allocation. The yield curve inversion deepening and global bond yields are converging. US 10-year yields ( TLT , SPTL , VGLT , IEF ) are the lo...

The Invesco Senior Loan ETF (BKLN) is an investment that really has no place in investors' portfolios. The entire "asset class" is unattractive from an investment perspective providing little if anything in the way of risk adjusted returns. Also, if investors do, for some reason, insist on inv...

Treasuries - the Name of the Game Over the past five months, US Treasuries ( IEF , GOVT , SCHR , VGIT , TIP , SHV , SHY , IEF , TLT ) have turned out to be the hottest long trade, yet again. Data by YCharts Earlier this week, we've witnessed a very strong 2-Year Treasury auction...

Leveraged loan market The leveraged loan market is now worth $1.4 trillion, 75% higher than 2008 highs and that’s larger than the junk bond market- $1.2 trillion. Essentially, leveraged loans are borrowed by firms that are less creditworthy and below investment grade. As the Fed hel...

Beware! It was only few days ago that we warned you about the partially inverted yield curve . Following the FOMC decision on Wednesday, and the remarks made by Jerome Powell during the press conference that followed it, we now feel that the "partially" is likely to be on its way to "fully"...

The good news: U.S. household debt and U.S. financial corporate debt have declined significantly from the 2008 financial crisis, writes Dallas Fed President Robert Kaplan in an economic essay. More news on: Oxford Lane Capital, Invesco Senior Loan ETF, Eagle Point Credit Company Inc., Ne...

U.S. banks' direct exposure to leveraged loans is contained and mitigated, Moody's Investors Service says in a new report. More news on: Financial Select Sector SPDR ETF, Direxion Daily Financial Bull 3x Shares ETF, Direxion Daily Financial Bear 3x Shares ETF, Financial stocks news, News...