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IFLN: A New Fallen Angels ETF In An Old Shell

Source: SeekingAlpha

2026-03-02 16:24:55 ET

IFLN History

Invesco Bloomberg Enhanced Fallen Angels ETF ( IFLN ) is a new ETF in an old open-end fund structure. Its declared inception date of 04/10/2012 is misleading. Indeed, it was previously known as the Invesco Fundamental High Yield Corporate Bond ETF with the ticker PHB and was tracking a fundamentals-based index using the RAFI methodology . It changed names, tickers, and strategies on 2/23/2026 to adopt as underlying index the Bloomberg U.S. High Yield Enhanced Fallen Angels Index. The reason for the reshuffling is clear: the old fund had underwhelming results, lagging high-yield bond benchmarks and competitors. I gave it a Sell rating in my review of March 2025 ....

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IFLN: A New Fallen Angels ETF In An Old Shell
VanEck Vectors Fallen Angel High Yield Bond ETF

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