HIYS

Invesco High Yield Select ETF

$25.71
+0.00%
Market closed. Last update: 12:27 PM ET

📎 Investment Objective

The Invesco High Yield Select ETF seeks to provide high current income by investing primarily in high-yield, below-investment-grade corporate bonds.

Overview

ETF tracking Invesco High Yield Select ETF

Category High Yield
Issuer Invesco
Inception Date 2022-12-09
Market Cap $8.0M
Average Volume N/A
Dividend Yield 5.27%
52-Week Range $24.35 - $25.93
VWAP $25.69

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The Invesco High Yield Select ETF seeks to provide high current income by investing primarily in high-yield, below-investment-grade corporate bonds.

🎯 Investment Strategy

The fund invests in a diversified portfolio of high-yield corporate bonds, seeking to generate attractive income while managing risk through credit research and portfolio diversification.

✨ Key Features

  • Focuses on high-yield, below-investment-grade corporate bonds
  • Aims to provide high current income as the primary investment objective
  • Utilizes credit research and portfolio diversification to manage risk
  • Relatively low expense ratio of 0.00%

⚠️ Primary Risks

  • High-yield bonds are subject to greater credit and default risk than investment-grade bonds
  • Increased interest rate risk as bond prices move inversely to changes in interest rates
  • Liquidity risk as high-yield bonds may be less liquid than investment-grade bonds
  • Potential for higher volatility and risk of loss compared to investment-grade bond funds

👤 Best For

The Invesco High Yield Select ETF may be suitable for investors seeking high current income and who have a higher risk tolerance, as the fund invests primarily in high-yield, below-investment-grade corporate bonds. Investors should have a long-term investment horizon and be comfortable with the increased credit and volatility risks associated with high-yield bond investments.