CVY - Invesco Zacks Multi-Asset Income ETF
|Ex-Dividend Date||Mar 22, 2021|
|Trading Day||April 20|
|Day's Range||23.56 - 23.91|
|52-Week Range||13.38 - 23.96|
The investment seeks to track the investment results (before fees and expenses) of the Zacks Multi-Asset Income Index (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index, as well as American depositary receipts (ADRs) that represent securities in the underlying index. The underlying index is composed of securities that Zacks selects from a universe of domestic and international companies listed on major U.S. exchanges. The fund is non-diversified.
|Asset Class |
|Inception Date |
Sep 21, 2006
|Ticker Symbol |
|Index Tracked |
Zacks Multi-Asset Income Index
Top 10 Holdings11.12% of assets
|USA Compression Partners||USAC||1.30%|
|Crestwood Equity Partners||CEQP||1.19%|
|Starwood Property Trust||STWD||1.05%|
|Mar 22, 2021||$0.112||Mar 31, 2021|
|Dec 21, 2020||$0.185||Dec 31, 2020|
|Sep 21, 2020||$0.174||Sep 30, 2020|
|Jun 22, 2020||$0.14||Jun 30, 2020|
|Mar 23, 2020||$0.182||Mar 31, 2020|
|Dec 23, 2019||$0.179||Dec 31, 2019|
Although Treasury yields are rising, interest rates remain low by historical standards, meaning income-starved investors need to get creative. Enter the Invesco Zacks Multi-Asset Income Index ETF (NYSEA...
In times of market uncertainty, getting multi-asset exposure can help diversify a portfolio by adding uncorrelated assets to the mix in order to mitigate concentration risk in a particular asset class.
Multi-asset ETFs, such as the Invesco Zacks Multi-Asset Income Index ETF (NYSEArca: CVY), can be useful avenues for investors looking to reduce correlation and boost income streams – two relevant strate...