Invesco Bloomberg Enhanced Fallen Angels ETF
IFLN
New York Stock Exchange Arca18.55
USD
-0.05
- -
CIK
0001378872
ISIN
US46138E7195
CUSIP
46138E719
Return %
Stock
S&P500
1Y
-0.43
26.53
3Y
-0.43
76.60
5Y
-0.43
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Peter Hubbard
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 535 Madison Avenue, 4th Floor New York NY United States of America 10022
- IPO Date
- Nov 15, 2007
- CIK
- 0001378872
- Website
- invesco.com
- Similar Companies
- Business
- Invesco Fundamental High Yield Corporate Bond ETF (IFLN) is an exchange-traded fund that seeks to track the investment results of the Bloomberg U.S. High Yield Enhanced Fallen Angels Index, formerly known as the Invesco Fundamental High Yield Corporate Bond ETF under the ticker PHB. The fund invests at least 80% of its total assets in U.S. dollar-denominated, fixed-rate corporate bonds that were previously rated investment grade by Moody's, S&P Global Ratings, or Fitch Ratings, Inc., and subsequently downgraded to high yield status, commonly referred to as "fallen angels"; it employs a sampling methodology rather than full replication of the index, which is rebalanced monthly and reconstituted annually. Launched on November 15, 2007, and domiciled in the United States as part of Invesco Exchange-Traded Fund Trust II, the ETF is managed by Invesco Distributors, Inc., with a net expense ratio of 0.50% and assets under management exceeding $350 million. The fund targets the high yield bond segment within the fixed income market, focusing on bonds issued by public U.S. companies listed on major exchanges, with holdings typically featuring maturities between 1 and 10 years and credit ratings from BB+ down to B-; top holdings have included securities such as Albertsons Companies Inc., Synchrony Financial, and PG&E Corporation bonds. It primarily serves income-oriented investors seeking exposure to undervalued high yield corporate debt with potential for recovery, trading on NYSE Arca and available in markets including the United States and Mexico. In a major strategic shift effective around December 2025 or early 2026, the ETF underwent a name change to Invesco Bloomberg Enhanced Fallen Angels ETF, a ticker symbol transition from PHB to IFLN, and an underlying index change from the RAFI Bonds US High Yield 1-10 Index to the Bloomberg U.S. High Yield Enhanced Fallen Angels Index provided by Bloomberg Index Services Limited, reflecting a refined focus on fallen angel bonds to potentially enhance risk-adjusted returns. This reorganization positions the fund to capitalize on bonds exhibiting improved liquidity and recovery potential compared to broader high yield universes, with no reported recent acquisitions, funding rounds, or new product launches specific to this ETF in the last 1-2 years.