Invesco Senior Loan ETF
Invesco Exchange-Traded Fund Trust II · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
Invesco Senior Loan ETF is a U.S. bond index ETF that tracks the Morningstar LSTA US Leveraged Loan 100 Index.
- Asset class
- Bonds
- Region
- United States
- Management
- Index (passive)
- Fund type
- ETF
- Credit quality
- High yield
- Rate sensitivity
- Short duration
Fund profile
As filed in the prospectus · 2025 Q4
The Invesco Senior Loan ETF (the Fund) seeks to track the investment results (before fees and expenses) of the Morningstar LSTA US Leveraged Loan 100 Index (the Underlying Index).
The fund tracks the Morningstar LSTA US Leveraged Loan 100 Index, which is market-value weighted across the 100 largest institutional leveraged loans, using a sampling methodology rather than holding all constituents. Day-to-day management is delegated to sub-adviser Invesco Senior Secured Management, Inc. The fund invests in senior secured, floating-rate loans issued to below-investment-grade borrowers, typically in connection with acquisitions, leveraged buyouts, and refinancings. Because the fund samples the index rather than purchasing all constituents, its returns may diverge from the index.
| Share class | Gross | Net |
|---|---|---|
| BKLN | 0.67% | 0.65% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 127.00% · as of 2025 Q4
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Loans | 92.25% |
| Cash & short-term | 9.00% |
| Bonds | 3.79% |
| Stocks | 0.10% |
These positions come to 105.15% of the fund's net assets. This counts only what the fund reported holding — the holdings disclosure covers assets, not liabilities such as borrowings — so it is not expected to reconcile to 100%.
Latest quarter
What changed since the fund's previous filing
Largest new: Proampac PG Borrower LLC, Mitchell International, Inc., Sword Purchaser, LLC, Clarios (Global L.P.& US Fin Com Inc / Panther / POWSOL), Primo Brands Corp., Altice-France (SFR / Numericable / YPSO), Oak-Eagle AcquireCo, Inc (Electronic Arts, Inc; EA), BCPE Empire Holdings, Inc. (ImperialDade)
Largest exited: X Corp., Panther BF Aggregator 2 L.P. (Power Solutions, Clarios POWSOL), Triton Water Holdings, Inc., Mitchell International, Inc., Gen Digital, Inc., Amentum Government Services Holdings LLC, Proampac PG Borrower LLC, SFR-Numericable (YPSO, Altice France)
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-05-31
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Floating rate | 96.1% |
| Fixed rate | 3.9% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 0.6% |
| 1-3y | 19.8% |
| 3-5y | 31.3% |
| 5-10y | 48.3% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
More of this fund’s sensitivity sits in credit spreads than in interest rates — a rate rally that comes with a credit selloff works against it.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Credit spreads | 51% |
| Interest rates | 49% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| High yield | +0.08 yr |
| Investment grade | +0.02 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 3 mo | 0.00 yr | 2% |
| 1 yr | 0.04 yr | 44% |
| 5 yr | 0.05 yr | 50% |
| 10 yr | 0.00 yr | 4% |
| 3 mo | 0.00 yr | 0% |
| 1 yr | 0.03 yr | 26% |
| 5 yr | 0.07 yr | 67% |
| 10 yr | 0.01 yr | 7% |
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.00 | +0.00 | +0.00 | $45 | $235 |
| 1 yr | +0.04 | +0.01 | +0.02 | $6.7k | $11.8k |
| 5 yr | +0.05 | +0.01 | +0.06 | $4.9k | $42.6k |
| 10 yr | +0.00 | +0.00 | +0.01 | $0 | $4.8k |
| 30 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | Invesco Premier U.S. Government Money Portfolio | 9.00% | $644.33M | — |
| — | Hologic, Inc.5.92% floating · due 2033-04-07 | 1.86% | $133.37M | — |
| — | Ultimate Software Group, Inc.5.91% floating · due 2031-02-10 | 1.68% | $120.12M | — |
| — | athenahealth Group, Inc.6.40% floating · due 2029-02-15 | 1.60% | $114.85M | — |
| — | Sedgwick Claims Management Services, Inc.6.16% floating · due 2031-07-31 | 1.54% | $110.45M | — |
| — | Dayforce, Inc.6.66% floating · due 2033-02-04 | 1.46% | $104.50M | — |
| — | AI Aqua Merger Sub, Inc.6.16% floating · due 2028-07-31 | 1.43% | $102.15M | — |
| — | Peraton Corp.0.09% floating · due 2028-02-01 | 1.40% | $99.81M | — |
| — | Proofpoint, Inc.6.70% floating · due 2028-08-31 | 1.37% | $98.03M | — |
| — | Bass Pro Group LLC6.90% floating · due 2032-01-23 | 1.35% | $96.61M | — |
Top 10 positions are 22.70% of net assets, top 25 40.61%, across 128 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
Sign in free