BKLN: The First Senior Loan ETF

Last week (3/3/11) brought the debut of PowerShares Senior Loan Portfolio (BKLN).  This is the first ETF to offer exposure to senior bank loans, though several mutual funds already cover the niche with what are often called “floating rate” funds.  The launch is well-timed as inflation fears drain assets from other types of fixed-income . . . → Read More: BKLN: The First Senior Loan ETF