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Invesco Bloomberg Enhanced Fallen Angels ETF (IFLN)

ETF overview

The Invesco Bloomberg Enhanced Fallen Angels ETF (PHB) invests in speculative-grade corporate debt, specifically targeting high-yield bonds that carry ratings from Ba1/BB+ down to B3/B- by agencies such as Moody's and S&P. The initial pool of potential investments consists of all publicly traded corporations based in the U.S. These companies are then evaluated using a proprietary RAFI methodology, which assesses them across four fundamental financial metrics: their book value of assets, gross sales figures, gross dividends distributed, and overall cash flow. Only companies that achieve a positive RAFI score are considered eligible for inclusion. The index structure incorporates two distinct bond maturity segments (1-5 years and 5-10 years), allowing for up to two bonds from any single issuer. Individual bond issues are weighted in direct proportion to the company's RAFI score. This patented, fundamentally-driven weighting scheme typically leads to a greater allocation towards bonds from more financially robust companies within the high-yield universe. The index undergoes monthly reconstitution to adjust to market changes and is rebalanced annually to reflect updated RAFI scores.

CountryUnited States of America
ExchangeAMEX
Trades inUSD
Current price
17.20 USD+0.23%
Close 21 Oct 2026
Interval
Benchmarks

Fund facts

Expense ratio
0.23%
Fund assets
284.54M USD (all share classes)
Issuer
Invesco
Inception date
Nov 15, 2007
Number of holdings
120

Holdings (120)

NameTickerWeight
Vodafone Group PLC 7.00% 04/04/20793.00%
GFL Environmental Inc 6.75% 01/15/20312.99%
Nissan Motor Co Ltd 4.81% 09/17/20302.61%
Electronic Arts Inc 1.85% 02/15/20312.47%
PacifiCorp 7.38% 09/15/20552.47%
Electronic Arts Inc 2.95% 02/15/20512.44%
Huntsman International LLC 4.50% 05/01/20292.11%
Coty Inc/HFC Prestige Products Inc/HFC Prestige International US LLC 5.60% 01/15/20311.98%
Flowers Foods Inc 5.75% 03/15/20351.97%
Leggett & Platt Inc 3.50% 11/15/20271.85%
and 107 more

Historical returns do not guarantee future returns. This is not investment advice.

Invesco Bloomberg Enhanced Fallen Angels ETF (IFLN)

IFLN · AMEX
17.20 USD+0.23%
Sign up to track this ETF
Benchmarks
Fund facts
Expense ratio
0.23%
Fund assets
284.54M USD (all share classes)
Issuer
Invesco
Inception date
Nov 15, 2007
Number of holdings
120
Holdings (120)
NameTickerWeight
Vodafone Group PLC 7.00% 04/04/20793.00%
GFL Environmental Inc 6.75% 01/15/20312.99%
Nissan Motor Co Ltd 4.81% 09/17/20302.61%
Electronic Arts Inc 1.85% 02/15/20312.47%
PacifiCorp 7.38% 09/15/20552.47%
Electronic Arts Inc 2.95% 02/15/20512.44%
Huntsman International LLC 4.50% 05/01/20292.11%
Coty Inc/HFC Prestige Products Inc/HFC Prestige International US LLC 5.60% 01/15/20311.98%
Flowers Foods Inc 5.75% 03/15/20351.97%
Leggett & Platt Inc 3.50% 11/15/20271.85%
and 107 more
ETF overview

The Invesco Bloomberg Enhanced Fallen Angels ETF (PHB) invests in speculative-grade corporate debt, specifically targeting high-yield bonds that carry ratings from Ba1/BB+ down to B3/B- by agencies such as Moody's and S&P. The initial pool of potential investments consists of all publicly traded corporations based in the U.S. These companies are then evaluated using a proprietary RAFI methodology, which assesses them across four fundamental financial metrics: their book value of assets, gross sales figures, gross dividends distributed, and overall cash flow. Only companies that achieve a positive RAFI score are considered eligible for inclusion. The index structure incorporates two distinct bond maturity segments (1-5 years and 5-10 years), allowing for up to two bonds from any single issuer. Individual bond issues are weighted in direct proportion to the company's RAFI score. This patented, fundamentally-driven weighting scheme typically leads to a greater allocation towards bonds from more financially robust companies within the high-yield universe. The index undergoes monthly reconstitution to adjust to market changes and is rebalanced annually to reflect updated RAFI scores.

CountryUnited States of America
Trades inUSD

Historical returns do not guarantee future returns. This is not investment advice.

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