BKLN

The Invesco INVESCO SENIOR LOAN ETF (BKLN) is an exchange-traded fund (ETF) that tracks the performance of the Morningstar LSTA US Leveraged Loan 100 Index. The fund is managed by Invesco and was launched in 2011.

The Morningstar LSTA US Leveraged Loan 100 Index is a market-value-weighted index that tracks the 100 largest U.S. leveraged loans by outstanding balance. Leveraged loans are floating-rate senior secured instruments issued to below-investment-grade borrowers, making the index sensitive to credit spreads while exhibiting minimal duration risk.

BKLN is a passively managed index ETF that seeks to replicate the holdings and performance of its benchmark with low tracking error. It is suitable for investors seeking broad, low-cost market exposure.

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