BKLN - Invesco Senior Loan - Stock Price & Dividends

The Invesco Senior Loan ETF (NYSE ARCA: BKLN) is designed to track the performance of the largest institutional leveraged loans, which are essentially loans made to companies by investors. The fund invests at least 80% of its total assets in these loans, which are selected based on their market value, spreads, and interest payments.

The underlying index, compiled and maintained by Morningstar, Inc., is a market value-weighted index that tracks the performance of these senior loans. This means that the loans with the largest market value have a greater influence on the index's performance. The index provider, Morningstar, follows strict guidelines and procedures to ensure the index is accurate and up-to-date.

By investing in senior loans, the fund provides exposure to a type of debt investment that is typically senior to other types of debt, such as bonds and subordinated debt. This means that in the event of a default, senior loan holders have a higher claim on the borrower's assets than other creditors. Senior loans often offer floating interest rates, which can help protect against rising interest rates.

The fund is domiciled in the United States and is managed by Invesco, a global investment management company. You can find more information about the fund and its investment strategy on the company's website at http://www.invesco.com/us.