High-yield closed-end ETF Invesco CEF Income Composite ETF (ARCA: PCEF) is based on the S-Network Composite Closed-End Fund Index SM (Index), which usually invests at least 90% of its total assets in fund securities included in the index.
Invesco CEF Income Composite ETF (PCEF):
Invesco CEF Income Comprehensive ETF (fund) is a “fund-type fund” because it invests its assets in common stocks contained in the index rather than individual securities. The index currently includes investments in taxable investment-grade fixed-income securities, taxable high-yield fixed-income securities, and other closed-end funds that use stock options to write (sell) strategies.
Funds and indexes are re-allocated every quarter
