Invesco Senior Loan ETF BKLN aims to index the leveraged loan market. However, indexing is tricky in this illiquid corner of fixed-income markets where investors have generally been better served by active managers. The fund earns a Morningstar Analyst Rating of Neutral.
Invesco Senior Loan ETF BKLN
Morningstar’s Analysis BKLN
Will BKLN outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
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.
People Pillar
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.
Parent Pillar
The Parent Pillar is our rating of BKLN’s parent organization’s priorities and whether they’re in line with investors’ interests.
Indexing senior loans is tricky.
