Invesco CEF Income Composite ETF

Invesco CEF Income Composite ETF is an exchange-traded fund that provides investors with diversified exposure to a portfolio of closed-end funds focused on generating income. It tracks the S-Network Composite Closed-End Fund Index by investing at least 90% of its assets in the common shares of index components, which include yield-oriented closed-end funds specializing in investment-grade fixed-income, high-yield fixed-income, and option-writing strategies. The fund employs a multi-factor weighting scheme that favors larger closed-end funds and those trading at significant discounts to their net asset value, resulting in holdings typically numbering around 110 to 113 funds. Top holdings often feature prominent names like Eaton Vance Tax-Managed Global Diversified Equity Income Fund and Nuveen Preferred & Income Opportunities Fund, spanning equity income, preferred securities, buy-write options, and high-yield bond strategies. Launched in 2010 and managed by Invesco, this fund-of-funds structure offers a unique approach to accessing the closed-end fund market, appealing to those seeking broad income generation from U.S.-listed securities across fixed income and equity sectors.