Invesco Fundamental High Yield Corporate Bond ETF (IFLN)
| Assets | n/a |
| Expense Ratio | n/a |
| PE Ratio | n/a |
| Shares Out | 21.70M |
| Dividend (ttm) | $1.02 |
| Dividend Yield | 5.51% |
| Ex-Dividend Date | Feb 23, 2026 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| Volume | 59,574 |
| Open | 18.57 |
| Previous Close | 18.58 |
| Day's Range | 18.53 - 18.57 |
| 52-Week Low | 17.33 |
| 52-Week High | 18.73 |
| Beta | 0.38 |
| Holdings | 283 |
| Inception Date | Nov 15, 2007 |
About IFLN
PHB invests in high-yield corporate bonds rated at Ba1/BB+ or lower but not below B3/B- by Moody's or S&P. The starting universe begins with all US-based publicly traded corporations that are scored by RAFI using four fundamental factors: book value of assets, gross sales, gross dividends, and cash flow. Only companies with positive scores are selected. There are two distinct maturity cells (15 years and 510 years) that the index employs, which allow up to two bonds per issuer. The issues are weighted proportionally to a companys RAFI score. The RAFI-patented fundamental weighting scheme normally results in overweighting of higher-quality bonds. The index is reconstituted monthly and rebalanced annually for new RAFI scores.
Top 10 Holdings
9.65% of assets| Name | Symbol | Weight |
|---|---|---|
| PG&E Corporation 5.25% | PCG.5.25 07.01.30 | 1.06% |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC / (Al | ACI.6.25 03.15.33 144A | 1.06% |
| Synchrony Financial 7.25% | SYF.7.25 02.02.33 | 1.03% |
| Ford Motor Credit Company LLC 5.8% | F.5.8 03.08.29 | 1.00% |
| Level 3 Financing, Inc. 6.875% | LVLT.6.875 06.30.33 144A | 0.98% |
| Ally Financial Inc. 6.7% | ALLY.6.7 02.14.33 | 0.98% |
| Ford Motor Company 3.25% | F.3.25 02.12.32 | 0.97% |
| StoneX Group Inc 7.875% | SNEX.7.875 03.01.31 144A | 0.88% |
| Short-Term Investment Trust - Invesco Government & Agency Portfolio | AGPXX | 0.85% |
| Charter Communications Operating, LLC/Charter Communications Operating Capi | CHTR.6.1 06.01.29 | 0.83% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 23, 2026 | $0.08495 | Feb 27, 2026 |
| Jan 20, 2026 | $0.08869 | Jan 23, 2026 |
| Dec 22, 2025 | $0.08825 | Dec 26, 2025 |
| Nov 24, 2025 | $0.08855 | Nov 28, 2025 |
| Oct 20, 2025 | $0.08722 | Oct 24, 2025 |
| Sep 22, 2025 | $0.0856 | Sep 26, 2025 |
Performance
IFLN had a total return of 7.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.71%.
News
PHB: High-Yield Bond ETF Lagging Competitors
The Invesco Fundamental High Yield Corporate Bond ETF invests in high-yield bonds based on fundamental metrics of their issuers. PHB has underperformed a high-yield bond benchmark since 2007. It has a...
PHB: Trump Means Caution On Duration Bets
The PHB has higher expense ratios than functionally similar high-yield ETFs. Credit spreads are low despite economic challenges already brought on by unsubtle pre-administration rhetoric crystallising...
PHB: Unconvincing Junk Bond Strategy
Invesco Fundamental High Yield® Corporate Bond ETF selects high-yield corporate bonds (“junk bonds”) based on fundamental metrics. The PHB ETF is well-diversified and has a relatively high-quality pro...
PHB: Fundamental Focus But No Real Alpha (Yet)
The Invesco Fundamental High Yield® Corporate Bond ETF offers exposure to high-yield bonds with a focus on quality and fundamentals. The fund is highly diversified, with no position making up more tha...
PHB: Unattractive High Yield Fund, Better Alternatives Exist
The Invesco Fundamental High Yield Corporate Bond ETF is a fixed income exchange traded fund that invests in US dollar-denominated high yield corporate bonds. The fund currently has a large allocation...
PHB: Good In Theory, But Lagging In Practice
Despite the manager's claims that the RAFI Fundamental Index methodology delivers excess returns, historical performance suggest the opposite.
PHB: Investors Should Wait On The Sidelines
PHB owns a portfolio of mostly high yield corporate bonds in the U.S. The fund has higher credit risk especially in an economic downturn.
Investor Interest Returns To Lipper High-Yield ETFs
Lipper High Yield ETFs attracted $2.7 billion in new money last week after posting their largest weekly performance since the first week of September (+0.43%). Lipper High Yield classification has out...