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A Cautionary Tale On Bank Loan ETFs
Monday, March 27, 2017 - 8:20am | 571U.S. interest rates are moving higher, but investors are still searching for income-generating assets. A popular avenue for income investors looking to cope with rising rates has been bank loans or senior loans — an asset class made increasingly accessible by exchange-traded funds such as the...
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Bank Loan ETFs Enjoy Stellar Second Quarter
Tuesday, July 5, 2016 - 2:46pm | 512Among the exchange-traded funds benefiting from investors' thirst for yield and fixed income are bank loan funds, including the PowerShares Exchange-Traded Fund Trust II (NYSE: BKLN) and the actively managed SSGA Actice ETF Trust (NYSE: SRLN). Floating rate notes and senior loans are unique in...
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Sizing Up Senior Loan ETFs
Thursday, May 26, 2016 - 1:14pm | 587With bond markets pricing in an interest rate hike from the Federal Reserve next month, there could be some near-term headwinds for higher-yielding corners of the fixed income space, including senior loans. Senior Loans Floating rate notes and senior loans are unique in that their yield is tied to...
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A Complement To Boring Bond ETFs
Wednesday, May 18, 2016 - 9:09am | 513Many investors view bonds, particularly U.S. government debt and municipal bonds, as less than exciting. But boring has been beautiful in the fixed income world this year, as the Federal Reserve has consistently held off on raising interest rates. Of course, there are ways for investors to liven up...
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Betting On Bank Loans Again
Tuesday, May 17, 2016 - 8:36am | 582Investors continue hunting for yield, and with the Federal Reserve pausing on hiking interest rates to this point in 2016, some previously beloved high-yield asset classes that came under pressure amid last year's rate hike speculation are again being embraced. Floating Rate Notes, Senior Loans...
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A Post-Fed ETF Idea
Thursday, March 17, 2016 - 8:48am | 575To little surprise, the Federal Reserve did not raise interest rates when the Federal Open Market Committee (FOMC) met Wednesday. If there were any surprises, it is that the Fed appears to be on course for just two interest rate increases this year, half the number many market participants were...
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Reconsidering Senior Loan ETFs
Tuesday, December 8, 2015 - 9:13am | 570Leading up to the Federal Reserve's December meeting, presumably when the Fed's first interest rate hike in nine years will take place, plenty of corners of the fixed income market have been punished. That includes bank loans or senior loans, a high-yielding fixed income asset class back...