Bank Loan ETFs Hot on High Yields, Rising Rate Fears
March 26, 2013 at 06:24 AM EDT
PowerShares Senior Loan Portfolio (NYSEArca: BKLN) is one of the best-selling ETFs in the first quarter with inflows of more than $1.4 billion. Investors have flocked to the fund in search of decent yields and protection from rising interest rates. The ETF’s inflows are notable for a fund with just...