Invesco Senior Loan Etf Profile

BKLN Etf  USD 21.11  0.04  0.19%   

Performance

18 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Invesco Senior is selling at 21.11 as of the 28th of March 2024; that is 0.19 percent up since the beginning of the trading day. The etf's open price was 21.07. Invesco Senior has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Invesco Senior Loan are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of January 2024 and ending today, the 28th of March 2024. Click here to learn more.
The fund generally will invest at least 80 percent of its total assets in the components of the index. Senior Loan is traded on NYSEARCA Exchange in the United States. More on Invesco Senior Loan

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Invesco Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Invesco Senior's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Invesco Senior or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanFrank Nesvet
Thematic IdeaCorporate ETFs (View all Themes)
Business ConcentrationCorporate ETFs, Bank Loan, Invesco (View all Sectors)
IssuerInvesco
Inception Date2011-03-03
BenchmarkMorningstar LSTA US Leveraged Loan 100 Index
Entity TypeRegulated Investment Company
Asset Under Management7.19 Billion
Average Trading Valume7.62 Million
Asset TypeFixed Income
CategoryCorporate
FocusLoans
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorInvesco Capital Management LLC
CustodianThe Bank of New York Mellon Corporation
DistributorInvesco Distributors, Inc.
Portfolio ManagerPeter Hubbard, Gary Jones, Scott Baskind, Seth Misshula
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Aug
ExchangeNYSE Arca, Inc.
Number of Constituents244
Market MakerVirtu Financial
Total Expense0.67
Management Fee0.65
Country NameUSA
Returns Y T D1.49
NameInvesco Senior Loan ETF
Currency CodeUSD
Open FigiBBG001K94N28
In Threey Volatility4.26
1y Volatility2.76
200 Day M A21.0345
50 Day M A21.1058
CodeBKLN
Updated At27th of March 2024
Currency NameUS Dollar
Invesco Senior Loan [BKLN] is traded in USA and was established 2011-03-03. The fund is listed under Bank Loan category and is part of Invesco family. The entity is thematically classified as Corporate ETFs. Invesco Senior Loan currently have 3.11 B in assets under management (AUM). , while the total return for the last 3 years was 4.3%.
Check Invesco Senior Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Invesco Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Invesco Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Invesco Senior Loan Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Invesco Senior Loan Etf Constituents

AGPXXInvesco Short Term InvestmentsMoney Market FundUS Money Market Fund
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Invesco Senior Target Price Odds Analysis

Contingent on a normal probability distribution, the odds of Invesco Senior jumping above the current price in 90 days from now is under 4%. The Invesco Senior Loan probability density function shows the probability of Invesco Senior etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Invesco Senior Loan has a beta of -0.0391 suggesting as returns on benchmark increase, returns on holding Invesco Senior are expected to decrease at a much lower rate. During the bear market, however, Invesco Senior Loan is likely to outperform the market. Additionally, invesco Senior Loan has an alpha of 0.0232, implying that it can generate a 0.0232 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 21.11HorizonTargetOdds Above 21.11
95.98%90 days
 21.11 
3.71%
Based on a normal probability distribution, the odds of Invesco Senior to move above the current price in 90 days from now is under 4 (This Invesco Senior Loan probability density function shows the probability of Invesco Etf to fall within a particular range of prices over 90 days) .

Invesco Senior Top Holders

BFRCXBlackrock Floating RateMutual FundBank Loan
GSFRXGoldman Sachs HighMutual FundBank Loan
HCYAXDirexion Hilton TacticalMutual FundTactical Allocation
HCYIXDirexion Hilton TacticalMutual FundTactical Allocation
QGRYXOppenheimer Gbl AllocMutual FundWorld Allocation
JRLPXMulti Index 2020 LifetimeMutual FundTarget-Date 2020
QGRCXOppenheimer Gbl AllocMutual FundWorld Allocation
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Invesco Senior Loan Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Invesco Senior market risk premium is the additional return an investor will receive from holding Invesco Senior long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Invesco Senior. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Invesco Senior's alpha and beta are two of the key measurements used to evaluate Invesco Senior's performance over the market, the standard measures of volatility play an important role as well.

Invesco Senior Against Markets

Picking the right benchmark for Invesco Senior etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Invesco Senior etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Invesco Senior is critical whether you are bullish or bearish towards Invesco Senior Loan at a given time. Please also check how Invesco Senior's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Invesco Senior without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Invesco Etf?

Before investing in Invesco Senior, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Invesco Senior. To buy Invesco Senior etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Invesco Senior. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Invesco Senior etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Invesco Senior Loan etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Invesco Senior Loan etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Invesco Senior Loan, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Invesco Etf please use our How to Invest in Invesco Senior guide.

Already Invested in Invesco Senior Loan?

The danger of trading Invesco Senior Loan is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Invesco Senior is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Invesco Senior. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Invesco Senior Loan is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Invesco Senior Loan offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco Senior's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Invesco Senior Loan Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Senior Loan Etf:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Invesco Senior Loan. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running Invesco Senior's price analysis, check to measure Invesco Senior's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Invesco Senior is operating at the current time. Most of Invesco Senior's value examination focuses on studying past and present price action to predict the probability of Invesco Senior's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Invesco Senior's price. Additionally, you may evaluate how the addition of Invesco Senior to your portfolios can decrease your overall portfolio volatility.
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The market value of Invesco Senior Loan is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco Senior's value that differs from its market value or its book value, called intrinsic value, which is Invesco Senior's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco Senior's market value can be influenced by many factors that don't directly affect Invesco Senior's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco Senior's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Senior is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Senior's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.