Fund Description
The Invesco High Yield Bond Factor ETF (Fund) is an actively managed exchange-traded fund (ETF) that seeks total return by investing, at least 80% of its net assets in high-yield, below-investment grade, fixed-income securities, and in derivatives and other instruments that have economic characteristics similar to such securities. The Fund utilizes a factor-based strategy that seeks to outperform the Fund s market-weighted benchmark index by systematically targeting securities in the benchmark index exhibiting quantifiable issuer characteristics (or factors ) that the investment team believes will have higher returns than other fixed income securities with comparable characteristics over market cycles. The Fund may invest up to 20% of its net assets in U.S. Treasury and agency securities. The Fund may also invest up to 10% of its net assets in certain collateralized debt obligations (CDOs), including collateralized mortgage obligations (CMOs) and collateralized loan obligations (CLOs), of any rating, and loan obligations, including bank loans. The Fund may also, subject to the requirements regarding below-investment grade allocations described above, invest in foreign debt securities, including securities issued by foreign governments or companies in developing and emerging markets, but may only invest up to 10% of its net assets in securities denominated in non-U.S. dollar currencies. The Fund may use derivatives to seek to hedge any foreign currency exposure.
Fund Profile
Fund Name Invesco High Yield Bond Factor ETF
Fund Exchange Ticker IHYF
Fund Sponsor Invesco
Fund ISIN US46090A8532
Net Expense Ratio 0.39 %
Fund Inception Date 2 December 2020
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Broad Market
Asset Class Bonds
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Bond Type Broad Market
Credit Quality High Yield
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination Multiple Currencies
Key Statistics
Return As of Date 9 August 2022
Asset Under Management 37.43 Million (USD)
1 Month Total Return 3.54 %
Year To Date Return -10.35 %
1 Year Total Return -9.26 %
3 Year Annualized Total Return
NAV 22.4152
Share Outstanding 1,670,000
Top 10 Holdings (8 August 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
CBOT 10 Year US Treasury Note BOND 0.0945224756
Intercontinental Exchange Inc BOND 0.0839374947
CBOT 2 Year US Treasury Note Future FUTR 0.0764941086
Ultra 10Year US Treasury Note Futures FUTR 0.0274853932
Directv Financing LLC / Directv Financing CoObligor Inc BOND 0.0062427002
Uniti Group LP / Uniti Fiber Holdings Inc / CSL Capital LLC BOND 0.0059600897
American Airlines Inc/AAdvantage Loyalty IP Ltd BOND 0.0055012862