PowerShares Senior Loan Portfolio (NYSEArca: BKLN) has been one of the best selling ETFs so far this year, gathering $3.1 billion in assets year-to-date. BKLN is up 1.4% this year. The ETF h as a 4.36% 30-day SEC yield. [Bank Loan ETFs: Active or Passive?]
In comparison, the iShares iBoxx $ High Yield Corporate Bond ETF (NYSEArca: HYG) has lost $1.8 billion in assets this year. HYG is down 0.7% year-to-date and has a 5.69% 30-day SEC yield. [High-Yield Bonds: Active ETF Bucks Outflow Trend]
For more information on speculative grade debt, visit our junk bonds category.
Max Chen contributed to this article.
Full disclosure: Tom Lydon’s clients own HYG.