The YouTuber identifies BKLN as their favorite bond fund due to its low interest rate risk and low volatility, despite a lower 3.4% dividend yield. It holds senior institutional loans, which are mostly non-investment grade but have shorter maturities, making them less sensitive to rising rates and providing excellent portfolio protection against stock market fluctuations.
“My favorite bond fund is actually the lowest dividend yield of the group but has beaten the market this year protecting your money the Invesco senior loan ETF ticker bkln.”