Invesco Bloomberg Enhanced Fallen Angels ETF (IFLN)

The Invesco Bloomberg Enhanced Fallen Angels ETF is an index fund from Invesco. It invests in so-called fallen angel bonds, which are corporate bonds that were originally issued with investment-grade ratings and were later downgraded to high-yield status.

The fund follows a Bloomberg index that selects and weights these downgraded bonds according to a rules-based methodology, giving it exposure to the high-yield corporate bond market with a focus on issuers that previously held investment-grade ratings.