With 20 ETFs traded on the U.S. markets, Income ETFs have total assets under management of $2.31B. The average expense ratio is 1.24%. Income ETFs can be found in the following asset classes:
The largest Income ETF is the Invesco CEF Income Composite ETF PCEF with $671.32M in assets. In the last trailing year, the best-performing Income ETF was MORE at --. The most recent ETF launched in the Income space was the ASYMmetric Smart Income ETF MORE on 02/01/23.
However, a significant number of funds are undergoing material changes.
Closures are having a stronger start to the year than launches.
There were also five closures and a baker’s dozen of expense ratio changes.
Best known for mutual funds, the issuer launches products into rough seas.
Despite it being a week before a holiday, the ETF industry didn’t slow down.
These funds bucked the downtrend in the markets, managing to still grow their assets under management.
The issuer has filed for ETFs that would apply a covered call strategy to the fixed income space.
The issuer’s chief investment officer talks about the objectives of its preferred stock ETF.
There were also some expense ratio changes and share splits.