Key stats
About Invesco Actively Managed Exchange-Traded Fund Trus Invesco High Yield Select ETF
Expense ratio
0.50%
Home page
Inception date
Dec 9, 2022
HIYS broadly invests in high-yield fixed income securities, such as corporate bonds and convertibles, rated between B- and BB+. The fund may invest, without limit, in securities denominated in any currency by issuers from around the world, including emerging markets. Supplemented by top-down analysis of sector and macro-economic trends, the selection process uses a bottom-up evaluation based on fundamental, quantitative, and relative value analyses. The actively managed fund also invests in derivatives to manage duration and hedge interest rates/credit risk. Up to 15% of assets may be in illiquid securities. The portfolio is diversified across different industries, capping individual securities by 5%. With full discretion to make investment decisions, the portfolio managers factor in economic and credit-related fundamentals, market supply and demand, market dislocations, and situation-specific opportunities. The funds credit research process may include ESG considerations.
Classification
What's in the fund
Exposure type
Corporate
Stocks2.33%
Finance2.33%
Bonds, Cash & Other97.67%
Corporate91.38%
ETF5.01%
Mutual fund1.26%
Cash0.01%