IHYF

Invesco High Yield Bond Factor ETF

$22.52

+0.00%

Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The Invesco High Yield Bond Factor ETF (IHYF) seeks to provide exposure to high-yield corporate bonds with the potential for higher returns compared to the broader high-yield bond market.

Overview

ETF tracking Invesco High Yield Bond Factor ETF

Category Fixed Income

Issuer Invesco

Inception Date 2020-12-02

Market Cap $91.5M

Average Volume N/A

Dividend Yield 5.86%

52-Week Range $21.43 - $22.98

VWAP $22.55

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Invesco High Yield Bond Factor ETF (IHYF) seeks to provide exposure to high-yield corporate bonds with the potential for higher returns compared to the broader high-yield bond market.

🎯 Investment Strategy

IHYF tracks the Invesco High Yield Bond Factor Index, which selects and weights high-yield corporate bonds based on factors such as credit quality, liquidity, and yield. The fund aims to provide access to higher-yielding bonds while managing risk through diversification and factor-based security selection.

✨ Key Features

Focuses on high-yield corporate bonds with the potential for higher returns
Utilizes a factor-based approach to security selection and weighting
Diversified portfolio of high-yield bonds to manage risk
Low expense ratio of 0.00%

⚠️ Primary Risks

High-yield bonds are subject to greater credit and default risk compared to investment-grade bonds
Exposure to interest rate risk, as bond prices may decline when interest rates rise
Liquidity risk, as high-yield bonds may be less liquid than investment-grade bonds
Concentration risk, as the fund is focused on the high-yield bond sector

👤 Best For

IHYF may be suitable for investors seeking exposure to the high-yield bond market with the potential for higher returns, and who have a higher risk tolerance and a longer-term investment horizon. It may be appropriate as a component of a diversified fixed-income portfolio.