As we approach the midpoint of the year, it’s worth revisiting my earlier assessment of the Invesco Senior Loan ETF (NYSEARCA:BKLN). Back in April, I sounded a note of caution, suggesting that the fund might struggle to deliver impressive returns in 2024 due to concerns about rising loan defaults. So far, my reservations appear to have been well-founded.
It’s essential to acknowledge that past performance is not a reliable indicator of future success. As such, investors should exercise caution when considering any investment opportunity. It’s crucial to evaluate each investment on its own merits, taking into account individual financial goals and risk tolerance.
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