IHYF
Closed
Invesco High Yield Bond Factor Etf
22.605
-0.045 (-0.20%)
Last Update: 01 Jul 2025 23:00:00
Yesterday: 22.65
Day's Range: 22.605 - 22.605
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When Written:
21.6
The Invesco High Yield Bond Factor ETF (ticker symbol: IHYF) is an exchange-traded fund that seeks to track the investment results of the FTSE High Yield (Treasury Rate-Hedged) Index. The fund is designed to provide exposure to high yield corporate bonds while mitigating interest rate risk by hedging against changes in Treasury rates.
Some key facts about the Invesco High Yield Bond Factor ETF include:
- The fund was launched on January 13, 2016.
- It has an expense ratio of 0.35%, which is relatively low compared to other high yield bond ETFs.
- IHYF holds over 500 high yield bonds, with a weighted average yield to maturity of around 5.5%.
- The fund's holdings are diversified across sectors, with the largest allocations in communications, healthcare, and energy.
- IHYF's Treasury rate-hedging strategy involves shorting Treasury futures contracts, which can help to offset losses in the high yield bond portfolio if interest rates rise.
- As of August 2021, the fund has total net assets of over $1.5 billion.
Investors should be aware that high yield bonds are generally considered to be riskier than investment grade bonds, as they are issued by companies with lower credit ratings and are more vulnerable to default. Additionally, hedging strategies can add complexity and may not always be effective in mitigating risk. As with any investment, it's important to carefully consider your own financial goals and risk tolerance before investing in the Invesco High Yield Bond Factor ETF or any other fund.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
Some key facts about the Invesco High Yield Bond Factor ETF include:
- The fund was launched on January 13, 2016.
- It has an expense ratio of 0.35%, which is relatively low compared to other high yield bond ETFs.
- IHYF holds over 500 high yield bonds, with a weighted average yield to maturity of around 5.5%.
- The fund's holdings are diversified across sectors, with the largest allocations in communications, healthcare, and energy.
- IHYF's Treasury rate-hedging strategy involves shorting Treasury futures contracts, which can help to offset losses in the high yield bond portfolio if interest rates rise.
- As of August 2021, the fund has total net assets of over $1.5 billion.
Investors should be aware that high yield bonds are generally considered to be riskier than investment grade bonds, as they are issued by companies with lower credit ratings and are more vulnerable to default. Additionally, hedging strategies can add complexity and may not always be effective in mitigating risk. As with any investment, it's important to carefully consider your own financial goals and risk tolerance before investing in the Invesco High Yield Bond Factor ETF or any other fund.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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