Weekly Review: Senior Loan CEFs - Take A Look At Pioneer Floating Rate Trust [Seeking Alpha]
Pioneer Floating Rate Fund, Inc. (PHD)
US:NYSE Investor Relations:
reuters.com/finance/stocks/companyprofile/phd
Company Research
Source: Seeking Alpha
Summary Introduction In this article, I will provide a weekly review of CEFs that invest in senior loans. Considering the risk and return, senior loans are positioned between investment grade corporate bonds and high-yield bonds. Usually, they have a floating rate feature and are expected to be less rate-sensitive. In the current market environment of the flattening yield curve, there are many funds that trade at a discount to NAV. The use of leverage in closed-end funds and the fact that they are mostly targeted and used by retail investors make them much more volatile, which offers various opportunities for investors and traders like us. The Benchmark This week during and after the elections there was excitement for leveraged loans but at the end of the week, we saw the usual picture. The benchmark Invesco Senior Loan ETF ( BKLN ) started the week at $23.04 and finished the week at $23.06. Source: Barchart.com - BKLN daily chart (6 months) Along with BK
Show less
Read more
Impact Snapshot
Event Time:
PHD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PHD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PHD alerts
High impacting Pioneer Floating Rate Fund, Inc. news events
Weekly update
A roundup of the hottest topics