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Upturn AI SWOT - About
Invesco CEF Income Composite ETF (PCEF)
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Upturn Advisory Summary
08/14/2025: PCEF (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 13.48% | Avg. Invested days 49 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.14 | 52 Weeks Range 16.01 - 19.51 | Updated Date 06/29/2025 |
52 Weeks Range 16.01 - 19.51 | Updated Date 06/29/2025 |
Upturn AI SWOT
Invesco CEF Income Composite ETF
ETF Overview
Overview
The Invesco CEF Income Composite ETF (PCEF) is an exchange-traded fund designed to provide investment results corresponding to the price and yield performance of the S-Network Composite Closed-End Fund Index. It invests in a diversified portfolio of US-listed closed-end funds (CEFs) across various asset classes to generate income. PCEF aims to offer investors exposure to a broad range of income-producing CEFs.
Reputation and Reliability
Invesco is a well-established and reputable global investment management firm with a long track record of managing ETFs and other investment products.
Management Expertise
Invesco has a dedicated team of investment professionals with expertise in closed-end funds and income investing.
Investment Objective
Goal
The primary investment goal of PCEF is to seek investment results corresponding to the price and yield performance of the S-Network Composite Closed-End Fund Index.
Investment Approach and Strategy
Strategy: PCEF aims to replicate the S-Network Composite Closed-End Fund Index, a benchmark that tracks a diverse range of US-listed CEFs.
Composition The ETF holds a basket of closed-end funds investing in a variety of asset classes, including equities, fixed income, and alternative investments.
Market Position
Market Share: Data unavailable
Total Net Assets (AUM): 534500000
Competitors
Key Competitors
- YieldShares High Income ETF (YYY)
- First Trust Multi Income ETF (FMB)
Competitive Landscape
The ETF industry targeting income-seeking investors is competitive. PCEF competes with other ETFs that focus on CEFs and high-yield investments. PCEF's advantage lies in its broad diversification across different CEF asset classes, while its competitors may focus on specific sectors or strategies.
Financial Performance
Historical Performance: Historical performance data should be sourced directly from financial data providers. This response omits actual historical performance data due to data availability constraints.
Benchmark Comparison: Benchmark comparison data should be sourced directly from financial data providers. This response omits actual benchmark comparison data due to data availability constraints.
Expense Ratio: 0.5
Liquidity
Average Trading Volume
PCEF exhibits moderate liquidity with an average trading volume sufficient for most investors.
Bid-Ask Spread
The bid-ask spread for PCEF is generally tight, reflecting the ETF's tradability.
Market Dynamics
Market Environment Factors
Economic indicators, interest rate movements, and investor sentiment towards income-generating assets can all influence PCEF's performance. Changes in the CEF market, including premium/discount fluctuations, affect its underlying holdings.
Growth Trajectory
PCEF's growth is dependent on the continued demand for income-producing investments and the performance of the closed-end fund market. The ETF may adjust its holdings based on index changes and market conditions.
Moat and Competitive Advantages
Competitive Edge
PCEF's competitive edge stems from its diversified exposure to a wide array of income-producing closed-end funds, providing investors with a convenient way to access a potentially higher yield than traditional fixed-income investments. This diversification mitigates the risks associated with individual CEFs. Invesco's brand recognition and distribution network further support PCEF's market presence. However, the ETF's reliance on the performance of CEFs also introduces specific risks related to CEF management and market valuations.
Risk Analysis
Volatility
PCEF's volatility is influenced by the underlying volatility of the CEFs it holds, as well as broader market conditions.
Market Risk
PCEF is subject to market risk, particularly interest rate risk (as many CEFs hold fixed-income assets) and credit risk (depending on the credit quality of the CEFs' holdings). There is also risk associated with premium/discount volatility of CEFs.
Investor Profile
Ideal Investor Profile
The ideal investor for PCEF is an income-seeking investor who wants diversified exposure to closed-end funds and is comfortable with the associated risks.
Market Risk
PCEF is suitable for long-term investors who are looking for income and understand the complexities of investing in closed-end funds.
Summary
Invesco CEF Income Composite ETF (PCEF) provides diversified exposure to a basket of US-listed closed-end funds, offering income-seeking investors a convenient way to access this asset class. Its performance is tied to the S-Network Composite Closed-End Fund Index. While it offers diversification and potential yield advantages, investors should be aware of the risks associated with CEFs, including market volatility and management risks. With a moderate expense ratio and good liquidity, PCEF offers a compelling proposition for those seeking income from CEFs as part of a broader investment strategy.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Invesco Website
- ETF.com
- Morningstar
Disclaimers:
The information provided is for informational purposes only and should not be considered investment advice. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor. Market share data unavailable.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Invesco CEF Income Composite ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund generally will invest at least 90% of its total assets in the components of the index. It is a "fund of funds," meaning that it invests its assets in the common shares of funds included in the index rather than in individual securities. The index is designed to measure the overall performance of a universe of U.S.-listed closed-end funds that are organized under the laws of the United States and are principally engaged in asset management processes designed to produce taxable annual yield.
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