Invesco Senior Loan ETF
$20.56−0.01 (−0.05%)
- Expense ratio
- 0.67%
- Fund size
- $6.7B
- 1Y return
- +4.8%
- Yield · Last 12 months
- 6.37%
- Holdings
- 164
- Volume · 30D
- 8.2M sh
- NAV per share
- $20.60
- 52W range
The ETF.net BKLN Grade
Score 40 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 14Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.DScore 31Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 53Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 82Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 35Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 90Category rank
Our read on BKLN
CBank loans in an ETF wrapper, running since 2011. BKLN buys the 100-loan slice of the leveraged loan market built for liquidity: senior secured, floating-rate paper that ranks above bonds in the capital stack, paid out monthly.
The fund provides exposure to the largest and most liquid senior secured loans by tracking the Morningstar LSTA US Leveraged Loan 100 Index.
Why people hold it
- Tracks the Morningstar LSTA US Leveraged Loan 100 Index, so you get the largest and most liquid US senior secured loans (roughly 160 positions) without sourcing loans yourself.
- One of the most actively traded funds in its category and a multi-billion-dollar book, which is what you want in an asset class where the underlying market is dealer-driven.
- Pays monthly, and the coupons underneath are floating rate, resetting with short-term benchmarks rather than sitting fixed like a bond coupon.
- Live since 2011, a long track record for a niche wrapper, and the mandate has stayed pinned to the same liquid-loan index.
Worth knowing
- At 0.67% it runs well above the 0.40% median of its credit cohort, and the top-scoring high-yield names (SCYB at 0.03%, SPHY at 0.05%) charge a sliver of that.
- Floating rate cuts both ways: coupons reset down when short-term rates fall, so income here moves with the rate cycle instead of locking in.
- This is the liquid top end of the loan market, not the whole thing. The index screens for the biggest, most tradable loans from below-investment-grade borrowers.
BKLN Holdings
- Other
- 164
- 20%
- Invesco Premier US Government Money Portfolio
Geography
- United States83.67%
- Canada12.61%
- France2.58%
- United Kingdom1.15%
BKLN Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
BKLN$10,477
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | BKLN |
|---|---|
| Year to date | +2.7% |
| 1 month | +1.0% |
| 3 months | +2.7% |
| 1 year | +4.8% |
| 3 years | +6.9% |
| 5 years | +5.5% |
| 10 years | +4.3% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | BKLN |
|---|---|---|
| 2026 YTD | +2.7% | |
| 2025 | +6.9% | |
| 2024 | +8.2% | |
| 2023 | +12.5% | |
| 2022 | −2.5% | |
| 2021 | +2.3% | |
| 2020 | +1.3% |
BKLN in the news
BKLN Dividends
- 6.37%
- $1.31
- $0.11 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 25, 2026 | $0.11 |
| Aug 24, 2026 | Aug 28, 2026 | $0.11 |
| Jul 20, 2026 | Jul 24, 2026 | $0.11 |
| Jun 22, 2026 | Jun 26, 2026 | $0.10 |
| May 18, 2026 | May 22, 2026 | $0.10 |
| Apr 20, 2026 | Apr 24, 2026 | $0.10 |
| Mar 23, 2026 | Mar 27, 2026 | $0.12 |
| Feb 23, 2026 | Feb 27, 2026 | $0.10 |
| Jan 20, 2026 | Jan 23, 2026 | $0.11 |
| Dec 22, 2025 | Dec 26, 2025 | $0.10 |
| Nov 24, 2025 | Nov 28, 2025 | $0.12 |
| Oct 20, 2025 | Oct 24, 2025 | $0.12 |
BKLN Risk
- 2.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.84
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −7.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.03
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BKLN Cost
0.67%
BKLN0.67%
- The middle half of US High Yield funds
- Median 0.43%
71 of the 84 US High Yield funds charge less.