IFLNInvesco Bloomberg Enhanced Fallen Angels ETF

Grow my moneyRanked #2,769 of 2,960 in this goal

Seeks to track the investment results of the Bloomberg U.S. High Yield Enhanced Fallen Angels Index.

Annual Cost

—

#5,562 of 5,562 · expensive

Fund Size

—

#5,562 of 5,562 · small

Return (1Y)Goal

+5.8%

Track Record

—

#5,562 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$10,454+4.5%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

Index tracked

Bloomberg US High Yield Enhanced Fallen Angels Index

What it actually holds

By weight

Concentration

Top 10 holdings = 40.9% of fundmoderately concentrated

Invesco Private Prime Fund

23.7%

Invesco Private Government Fund

9.0%

Albertsons Cos Inc / Safeway Inc / New Albertsons L.P./ Albertsons LLC

1.2%

PG&E Corp.

1.1%

Synchrony Financial

1.0%

Ford Motor Co.

1.0%

Ford Motor Credit Co. LLC

1.0%

Ally Financial Inc.

1.0%

Level 3 Financing, Inc.

1.0%

StoneX Group Inc.

0.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

4.0%Low

Year-on-year price swings

Max drawdown

-21.5%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.76Decent risk-adjusted returns

Sortino (3Y)

1.11Good downside protection

Where to buy

Listing

Exchange: NYSE Arca, NYSE American

Full fund details

Objective: Seeks to track the investment results of the Bloomberg U.S. High Yield Enhanced Fallen Angels Index.
Strategy: Invests primarily in securities that comprise the Bloomberg U.S. High Yield Enhanced Fallen Angels Index, which tracks U.S. dollar-denominated corporate bonds downgraded from investment grade to high yield. Bonds are weighted based on the time since downgrade, with recent downgrades receiving higher weights. The Fund uses a sampling methodology to achieve its investment objective and may concentrate in industries as reflected in the Underlying Index.