Invesco Bloomberg Enhanced Fallen Angels ETF
$17.76−0.13 (−0.74%)
- Expense ratio
- 0.23%
- Fund size
- $297M
- 1Y return
- —
- Yield · Last 12 months
- 6.05%
- Holdings
- 117
- Volume · 30D
- 0M sh
- NAV per share
- $17.87
- 52W range
The ETF.net IFLN Grade
Score 56 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 81Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.FScore 14Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 61Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 35Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 73Category rank
Our read on IFLN
BJunk bonds with a pedigree. IFLN tracks Bloomberg's enhanced fallen-angel index, owning high-yield corporate debt from issuers that were investment grade until the downgrade came, and it charges less than the typical high-yield ETF.
The Fund seeks exposure to the Bloomberg US High Yield Enhanced Fallen Angels Index, which represents U.S. dollar-denominated, non-investment-grade corporate bonds. The Fund uses sampling rather than purchasing every index security.
Why people hold it
- At 0.23% a year, it undercuts the median fee in its high-yield ETF cohort, which is unusual for a niche screen rather than a plain broad-market tracker.
- Fallen angels are the whole point: bonds from issuers that lost investment-grade status, not borrowers that were never there. A different slice than a catch-all junk index.invesco.com
- Monthly distributions, roughly 120 bonds, and a sampling approach instead of buying every index bond one-for-one, standard practice in a market where individual bonds trade thinly.
- In a field of dozens of high-yield ETFs, it sits in the upper half on the mechanics you can actually control: fee, structure, and day-to-day tradability.
Worth knowing
- Broad high-yield trackers such as SCYB (0.03%) and SPHY (0.05%) charge a fraction of this fee. The fallen-angel screen is what the extra basis points buy.
- Roughly 120 bonds means single issuers carry real weight, and it is still non-investment-grade credit that moves with spreads and default worries.
- The fund shell dates to 2007, but the fallen-angel mandate is recent, so long-run charts under this ticker reflect an older, different strategy.stockanalysis.com
IFLN Holdings
- Bonds
- 117
- 24%
- Vodafone Group PLC 7.00% 04/04/2079
IFLN Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | IFLN |
|---|---|
| Year to date | — |
| 1 month | −1.0% |
| 3 months | −0.3% |
| 1 year | — |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | IFLN |
|---|---|---|
| 2026 YTD | −0.0% |
IFLN in the news
ETF.net Research hasn’t filed on IFLN yet — coverage lands here as it’s written.
IFLN Dividends
- 6.05%
- $1.08
- $0.09 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 25, 2026 | $0.09 |
| Aug 24, 2026 | Aug 28, 2026 | $0.09 |
| Jul 20, 2026 | Jul 24, 2026 | $0.09 |
| Jun 22, 2026 | Jun 26, 2026 | $0.09 |
| May 18, 2026 | May 22, 2026 | $0.11 |
| Apr 20, 2026 | Apr 24, 2026 | $0.10 |
| Mar 23, 2026 | Mar 27, 2026 | $0.09 |
| Feb 23, 2026 | Feb 27, 2026 | $0.09 |
| Jan 20, 2026 | Jan 23, 2026 | $0.09 |
| Dec 22, 2025 | Dec 26, 2025 | $0.09 |
| Nov 24, 2025 | Nov 28, 2025 | $0.09 |
| Oct 20, 2025 | Oct 24, 2025 | $0.09 |
IFLN Risk
- —
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- —
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- —
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.37
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IFLN Cost
- The middle half of US High Yield funds
- Median 0.43%
15 of the 84 US High Yield funds charge less.