Invesco Senior Loan ETF BKLN provides market-value-weighted exposure to the senior loan market for a reasonable fee. But the senior loan market is illiquid, and the companies that issue these loans contain considerable credit risk. Active management is the best route to navigate the illiquidity risk and credit risk inherit in this market. As a result, this fund earns a Morningstar Analyst Rating of Neutral.
Will BKLN outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BKLN’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the BKLN management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of BKLN’s parent organization’s priorities and whether they’re in line with investors’ interests.