A senior bank loan is a loan that holds a legal claim to the borrower's assets that comes before all other debts.

The fund will normally invest at least 80% of its net assets (plus any borrowings for investment purposes) in floating rate loans and floating rate debt securities. Most assets are typically invested ...

BlackRock today announced the launch of the iShares Broad USD Floating Rate Loan ETF (CBOE: USLN), the firm’s first index-based ETF providing access to U.S. dollar-denominated leveraged loans. The U.S ...

The Fund seeks a high level of current income and capital appreciation. The Fund invests at least 80% of its net assets in floating rate securities, which are defined to include floating rate loans, ...