Invesco Bloomberg Enhanced Fallen Angels ETF

IFLN

Market cap $320M

Making its debut on 11/15/2007, smart beta exchange traded fund Invesco Bloomberg Enhanced Fallen Angels ETF (IFLN) provides investors broad exposure to the High-Yield/Junk Bond ETFs category of the market.

The Invesco Fundamental High Yield Corporate Bond ETF has rebranded to Invesco Bloomberg Enhanced Fallen Angels ETF, shifting its mandate to fallen angels. IFLN now tracks the Bloomberg US High Yield Enhanced Fallen Angels Index, with an 81% BB bond weighting and a 0.23% expense ratio. Historic performance is no longer relevant; IFLN should be benchmarked against FALN and ANGL, not generic high yield funds.

The Invesco Fundamental High Yield Corporate Bond ETF (PHB) made its debut on 11/15/2007, and is a smart beta exchange traded fund that provides broad exposure to the High-Yield/Junk Bond ETFs category of the market.

Designed to provide broad exposure to the High-Yield/Junk Bond ETFs category of the market, the Invesco Fundamental High Yield Corporate Bond ETF (PHB) is a smart beta exchange traded fund launched on 11/15/2007.

The Invesco Fundamental High Yield Corporate Bond ETF (PHB) made its debut on 11/15/2007, and is a smart beta exchange traded fund that provides broad exposure to the High-Yield/Junk Bond ETFs category of the market.

Ellington Credit: High Yield, Speculative CLO Fund

Making its debut on 11/15/2007, smart beta exchange traded fund Invesco Fundamental High Yield Corporate Bond ETF (PHB) provides investors broad exposure to the High-Yield/Junk Bond ETFs category of the market.

Designed to provide broad exposure to the High-Yield/Junk Bond ETFs category of the market, the Invesco Fundamental High Yield Corporate Bond ETF (PHB) is a smart beta exchange traded fund launched on 11/15/2007.

The Invesco Fundamental High Yield Corporate Bond ETF (PHB) made its debut on 11/15/2007, and is a smart beta exchange traded fund that provides broad exposure to the High-Yield/Junk Bond ETFs category of the market.

The Invesco Fundamental High Yield Corporate Bond ETF invests in high-yield bonds based on fundamental metrics of their issuers. PHB has underperformed a high-yield bond benchmark since 2007. It has also underperformed several competitors since 2018. Despite a recent surge in distributions, I remain skeptical and expect the trend to lag inflation in the long term.