Related: Investors Continue Flocking to Short-Term Bond ETFs

Bank loans are considered more stable and protective than traditional junk bonds because the former are secured by some form of collateral.

“Investors traded about 29 million shares of BKLN, worth $654 million, on Tuesday, a record trading day for the fund and more than eight times its average daily turnover for the past five years,” according to Bloomberg.

BKLN has 118 holdings with an average days to reset of almost 24.6 days. Ninety-four percent of the fund’s holdings are rated BBB, BB or B. BKLN has a 30-day SEC yield of 4.65%.

Until the recent decline in credit markets, leveraged loans had been one of the best-performing corners of the corporate bond market this year.

For more information on the fixed-income space, visit our bond ETFs category.