Invesco CEF Income Composite ETFInvesco CEF Income Composite ETFInvesco CEF Income Composite ETF

Invesco CEF Income Composite ETF

No trades
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Key stats

Assets under management (AUM)
‪774.56 M‬USD
Fund flows (1Y)
‪61.66 M‬USD
Dividend yield (indicated)
8.86%
Discount/Premium to NAV
−0.04%

About Invesco CEF Income Composite ETF

Issuer
Invesco Ltd.
Brand
Invesco
Expense ratio
3.08%
Home page
Inception date
Feb 19, 2010
Index tracked
SNET Composite Closed-End Fund Index
Management style
Passive
PCEF hunts for yield among publicly-traded closed-end funds (CEFs). CEFs differ from ETFs in that they are closed for additional new investment and share creation. Lacking ETF's baked-in creation/redemption plumbing, CEFs have no outlet for arbitrage to keep market price in line with fair value, so CEFs often trade at discounts or premiums. PCEF favors CEFs that trade at discounts on the theory that such funds are more likely to appreciate in value and because it increases the yield relative to actual price paid. PCEF holds three flavors of CEFs: Investment-grade fixed income, high-yield fixed income and equity covered-call strategies. The fund competes directly to its upstart ETF-of-CEFs rival, YYY. The fund and the index are rebalanced and reconstituted quarterly.

Classification

Asset Class
Asset allocation
Category
Asset allocation
Focus
Target outcome
Niche
Income
Strategy
Multi-factor
Weighting scheme
Multi-factor
Selection criteria
Multi-factor
What's in the fund
Exposure type
Bonds, Cash & Other
Mutual fund
Bonds, Cash & Other100.00%
Mutual fund100.03%
Cash−0.03%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy