BKLN 📈 Invesco Senior Loan - Overview

The Invesco Senior Loan ETF, listed on the NYSE ARCA under the ticker symbol BKLN, is designed to provide investors with exposure to a diversified portfolio of senior loans. The fund's investment strategy involves allocating at least 80% of its total assets to the components of its underlying index, which is compiled, maintained, and calculated by Morningstar, Inc. This index tracks the market value-weighted performance of the largest institutional leveraged loans, taking into account market weightings, spreads, and interest payments. By investing in these loans, the fund aims to generate income while managing credit risk.

The underlying index is constructed based on a set of guidelines and mandated procedures, ensuring that the fund's portfolio is aligned with its investment objectives. The index provider, Morningstar, uses a systematic approach to select and weight the loans in the index, resulting in a portfolio that is representative of the broader senior loan market. The fund's investment portfolio is then constructed to replicate the performance of the index, providing investors with a cost-effective way to gain exposure to this asset class. With its listing on the NYSE ARCA, the Invesco Senior Loan ETF offers investors a liquid and transparent way to access the senior loan market.

As a US-domiciled ETF, the Invesco Senior Loan ETF is subject to the regulatory framework of the United States, providing investors with a high level of transparency and investor protection. The fund's ISIN, US46138G5080, allows for easy identification and tracking of the fund's performance. With its classification as a bank loan ETF, the Invesco Senior Loan ETF is designed to provide investors with a specific type of fixed income exposure, focusing on senior loans that are typically secured by the assets of the borrowing company. This can provide investors with a relatively stable source of income, while also offering the potential for capital appreciation over the long term.