Stock Taper
IHYF is an actively-managed fixed income fund employing a factor-based, systematic strategy that targets higher-return securities using issuer characteristics, derivatives, and flexible allocations to manage risks and optimize returns.

An actively managed ETF that aims for high total returns by systematically selecting high-yield, below-investment-grade bonds using a factor-based strategy.
In a filing dated December 19, 2025, it was disclosed that the Board of Trustees approved a plan to rename the Invesco High Yield Bond Factor ETF (IHYF) to the Invesco High Yield Systematic Bond ETF, with a corresponding ticker change to GTOQ. This strategic rebranding, effective February 23, 2026, was the most notable event for the ETF in 2025, signaling a potential shift in strategy and adding two additional portfolio managers.
In late 2025, Invesco announced a strategic shift for its High Yield Bond Factor ETF (GTOQ), renaming it the Invesco High Yield Systematic Bond ETF, effective in February 2026. This change involves more than a simple rebranding; it includes strategy refinements, the addition of portfolio managers, and an expanded use of derivatives, indicating a move towards a more active management of credit risk.