The Invesco Fundamental High Yield Corporate Bond ETF has rebranded to Invesco Bloomberg Enhanced Fallen Angels ETF, shifting its mandate to fallen angels. IFLN now tracks the Bloomberg US High Yield Enhanced Fallen Angels Index, with an 81% BB bond weighting and a 0.23% expense ratio. Historic performance is no longer relevant; IFLN should be benchmarked against FALN and ANGL, not generic high yield funds.
IFLN: Mandate Change (Rating Upgrade)
Source: Seeking Alpha