- The most popular income class of the last year stays that way as senior loan funds log their 65th consecutive week of inflows, according to Lipper, raking in $1.2B in the most recent week.
- To review: bank loans - sometimes called senior loans, sometimes called leveraged loans - are similar in credit quality to junk bonds, but have little interest rate risk as they're floating rate, and have less credit risk as they're higher up in the corporate structure.
- ETFs: BKLN, SNLN, BSL, SRLN.
- Junk bond ETFs: HYG, JNK, PHB, HYLD, HYS, SJB, UJB, SJNK, ANGL, BSJG, BSJH, BSJI, QLTC, XOVR.
Senior loan funds remain area for income
Sep 13 2013, 15:15 ET