Invesco Multi-Factor Core Plus fixed Income ETF (IMFP)
Invesco Multi-Factor Core Plus fixed Income ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in US. The stock last traded at $24.96, up 0.04% on the session, giving a market capitalisation of $52.7M. Its beta of 0.00 implies it has historically moved less than the broad market.
The Invesco Multi-Factor Core Plus fixed Income ETF endeavors to replicate the financial performance of the Invesco Multi-Factor Core Plus Index (referred to as its benchmark), before factoring in its own expenses and fees. The fund generally commits a minimum of 80% of its total portfolio value to the specific securities that comprise this underlying index. This benchmark is strategically designed to provide investors with multi-factor exposure within the realm of fixed income instruments. It should also be noted that the fund operates on a non-diversified basis.
Invesco Multi-Factor Core Plus fixed Income ETF is most often compared with the following Financial Services names: