<p><strong>贝莱德</strong> 推出了一款 新 ETF，旨在扩大投资者对快速增长的杠杆贷款市场的接触，这一信贷领域历来通过基于指数的产品难以进入。</p>
<p>这家资产管理公司宣布推出 <strong>iShares Broad USD Floating Rate Loan ETF</strong> (BATS: USLN)，该 ETF 旨在追踪 <strong>Morningstar LSTA US Leveraged Loan Broad Select Index</strong>。该 ETF 主要投资于以美元计价的优先担保杠杆贷款。</p>
<p>此次推出正值美国杠杆贷款市场扩展至约 1.4 万亿美元，规模接近高收益债券市场，并吸引越来越多的机构和 ETF 投资者的关注。</p>
<h2>扩大对浮动利率信贷的接触</h2>
<p>杠杆贷款通常具有浮动利率，并且在资本结构中位于传统高收益债券之上，使其对寻求收入且对利率波动敏感度较低的投资者具有吸引力。</p>
<p>该基金的净费用比率为 0.40%。</p>
<h2>增加贝莱德的信贷 ETF 产品线</h2>
<p>这款新 ETF 扩展了贝莱德的广泛信贷指数系列，现有产品包括 <strong>iShares Broad USD High Yield Corporate Bond ETF</strong> (BATS: USHY) 和 <strong>iShares Broad USD Investment Grade Corporate Bond ETF</strong> (NASDAQ: USIG)。</p>
<p>它还补充了该公司现有的浮动利率策略，包括主动管理的 <strong>iShares Floating Rate Loan Active ETF</strong> (BATS: BRLN) 和 <strong>BlackRock Floating Rate Income Fund</strong> (NYSE: FRA)。</p>
<p>贝莱德已经是杠杆贷款市场最大的投资者之一，全球管理超过 400 亿美元的贷款资产。该公司表示，新 ETF 旨在通过基于指数的结构提供更具可扩展性和透明度的资产类别进入点。</p>
<p>通过其 iShares 平台，贝莱德在全球管理超过 5.7 万亿美元的 ETF 资产，其中包括超过 1.2 万亿美元的债券 ETF，反映出自 2002 年首只债券 ETF 推出以来固定收益 ETF 的快速增长。</p>
<p><em>照片来源：Shutterstock</em></p>

BRLN

LVLN

贝莱德

<p>贝莱德推出了 iShares Broad USD Floating Rate Loan ETF（USLN），旨在提供对 1.4 万亿美元美国杠杆贷款市场的访问。该 ETF 旨在跟踪 Morningstar LSTA US Leveraged Loan Broad Select Index，主要投资于以美元计价的高级担保杠杆贷款。其净费用比率为 0.40%，扩展了贝莱德的信用 ETF 产品，并补充了现有的浮动利率策略。贝莱德管理着超过 400 亿美元的杠杆贷款资产，以及全球超过 5.7 万亿美元的 ETF 资产</p>

<p><strong>BlackRock</strong> has rolled out a new ETF aimed at expanding investor access to the fast-growing leveraged loan market, a segment of credit that has historically been difficult to access through index-based products.</p>
<div class="lb-trans"><p><strong>贝莱德</strong> 推出了一款 新 ETF，旨在扩大投资者对快速增长的杠杆贷款市场的接触，这一信贷领域历来通过基于指数的产品难以进入。</p>
</div><p>The asset manager announced the launch of the <strong>iShares Broad USD Floating Rate Loan ETF</strong> (BATS: USLN), which seeks to track the <strong>Morningstar LSTA US Leveraged Loan Broad Select Index</strong>. The ETF primarily invests in U.S. dollar-denominated senior secured leveraged loans.</p>
<div class="lb-trans"><p>这家资产管理公司宣布推出 <strong>iShares Broad USD Floating Rate Loan ETF</strong> (BATS: USLN)，该 ETF 旨在追踪 <strong>Morningstar LSTA US Leveraged Loan Broad Select Index</strong>。该 ETF 主要投资于以美元计价的优先担保杠杆贷款。</p>
</div><p>The launch comes as the U.S. leveraged loan market has expanded to roughly $1.4 trillion, bringing it close in size to the high-yield bond market and attracting growing institutional and ETF investor interest.</p>
<div class="lb-trans"><p>此次推出正值美国杠杆贷款市场扩展至约 1.4 万亿美元，规模接近高收益债券市场，并吸引越来越多的机构和 ETF 投资者的关注。</p>
</div><h2>Expanding Access To Floating-Rate Credit</h2>
<div class="lb-trans"><h2>扩大对浮动利率信贷的接触</h2>
</div><p>Leveraged loans typically carry floating interest rates and sit higher in the capital structure than traditional high-yield bonds, making them appealing to investors seeking income with reduced sensitivity to interest-rate fluctuations.</p>
<div class="lb-trans"><p>杠杆贷款通常具有浮动利率，并且在资本结构中位于传统高收益债券之上，使其对寻求收入且对利率波动敏感度较低的投资者具有吸引力。</p>
</div><p>The fund carries a 0.40% net expense ratio.</p>
<div class="lb-trans"><p>该基金的净费用比率为 0.40%。</p>
</div><h2>Adding To BlackRock's Credit ETF Lineup</h2>
<div class="lb-trans"><h2>增加贝莱德的信贷 ETF 产品线</h2>
</div><p>The new ETF expands BlackRock's broad credit index suite, which already includes products such as the <strong>iShares Broad USD High Yield Corporate Bond ETF</strong> (BATS: USHY) and the <strong>iShares Broad USD Investment Grade Corporate Bond ETF</strong> (NASDAQ: USIG).</p>
<div class="lb-trans"><p>这款新 ETF 扩展了贝莱德的广泛信贷指数系列，现有产品包括 <strong>iShares Broad USD High Yield Corporate Bond ETF</strong> (BATS: USHY) 和 <strong>iShares Broad USD Investment Grade Corporate Bond ETF</strong> (NASDAQ: USIG)。</p>
</div><p>It also complements the firm's existing floating-rate strategies, including the actively managed <strong>iShares Floating Rate Loan Active ETF</strong> (BATS: BRLN) and the <strong>BlackRock Floating Rate Income Fund</strong> (NYSE: FRA).</p>
<div class="lb-trans"><p>它还补充了该公司现有的浮动利率策略，包括主动管理的 <strong>iShares Floating Rate Loan Active ETF</strong> (BATS: BRLN) 和 <strong>BlackRock Floating Rate Income Fund</strong> (NYSE: FRA)。</p>
</div><p>BlackRock is already one of the largest investors in the leveraged loan market, overseeing more than $40 billion in loan assets globally. The firm said the new ETF aims to provide a more scalable, transparent entry point into the asset class through an index-based structure.</p>
<div class="lb-trans"><p>贝莱德已经是杠杆贷款市场最大的投资者之一，全球管理超过 400 亿美元的贷款资产。该公司表示，新 ETF 旨在通过基于指数的结构提供更具可扩展性和透明度的资产类别进入点。</p>
</div><p>Through its iShares platform, BlackRock manages more than $5.7 trillion in ETF assets globally, including over $1.2 trillion in bond ETFs, reflecting the rapid growth of fixed income ETFs since the first bond ETF debuted in 2002.</p>
<div class="lb-trans"><p>通过其 iShares 平台，贝莱德在全球管理超过 5.7 万亿美元的 ETF 资产，其中包括超过 1.2 万亿美元的债券 ETF，反映出自 2002 年首只债券 ETF 推出以来固定收益 ETF 的快速增长。</p>
</div><p><em>Photo: Shutterstock</em></p>
<div class="lb-trans"><p><em>照片来源：Shutterstock</em></p>
</div>

贝莱德推出 USLN ETF，旨在开放 1.4 万亿美元的杠杆贷款市场