Invesco High Yield Bond Factor ETFInvesco High Yield Bond Factor ETFInvesco High Yield Bond Factor ETF

Invesco High Yield Bond Factor ETF

No trades
Buy IHYF

Key stats


Assets under management (AUM)
‪52.48 M‬USD
Fund flows (1Y)
‪7.19 M‬USD
Dividend yield (indicated)
7.18%
Discount/Premium to NAV
−0.08%

About Invesco High Yield Bond Factor ETF


Issuer
Invesco Ltd.
Brand
Invesco
Expense ratio
0.39%
Home page
Inception date
Dec 2, 2020
Index tracked
No Underlying Index
Management style
Active
IHYF utilizes a factor-based strategy that involves a systematic process that targets securities that that Sub-adviser believes will provide higher returns than other fixed income securities based on quantifiable issuer characteristics or factors. This means that the fund may have higher allocation to value bonds, low volatility bonds and high carry bonds. The funds portfolio managers may change, add and modify these factors as they deem appropriate to minimize certain risks. The fund may also invest in US Treasurys, CDOs, distressed bonds and derivatives at certain limits. Accordingly, the funds allocation limit may be deviated due to market movement. As such, the fund emphasizes the use of derivatives, such as options, futures, forward contracts, swaps, certain mortgage-related securities and asset-backed securities, in an effort to hedge against certain investment risks such as interest rates and foreign currency exposure. IHYF is a truly actively-managed fund.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
High yield
Niche
Broad maturities
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Bonds, Cash & Other100.00%
Corporate96.02%
Miscellaneous2.71%
Mutual fund0.97%
Cash0.19%
Government0.12%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Summary
Neutral
SellBuy
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Summary
Neutral
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Summary
Neutral
SellBuy
Strong sellStrong buy
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.