BlackRock Expands Access to U.S. Leveraged Loan Market with Index ETF

Weekly Voice editorial staff
1 Min Read

NEW YORK–(BUSINESS WIRE)–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. leveraged loan market has grown to $1.4 trillion – now similar in size to the high yield bond market – offering greater opportunity for scalable, index-based exposure.1 USLN seeks to track the Morningstar LSTA US Leveraged Loan Broad Select Index and invests primarily i

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