On August 31, 2018 Invesco Indexing LLC launched two new multi-factor fixed income indexes: the Invesco Multi-Factor Income Index and Invesco Multi-Factor Defensive Core Index. The launch of the two indexes further expands Invesco Indexing’s fixed income factor offerings after having launched eight single-factor and two multi-factor fixed income indexes in April. The two new Indexes are an “index-of-indexes” design, comprising allocations to existing single-factor and market exposure fixed income indexes.
The Invesco Multi-Factor Defensive Core Index seeks to provide strong capital preservation with some additional income. The Index is comprised of the following underlying Indexes:
| Index | Weight |
|---|---|
| Invesco Investment Grade Defensive Index | 15% |
| Invesco Emerging Markets Debt Defensive Index | 10% |
| Invesco U.S. Treasury 1-3 Years Index | 55% |
| Invesco U.S. Fixed Rate 30 Year MBS Index | 20% |
The Invesco Multi-Factor Income Index seeks to provide a risk / reward tradeoff similar to a defensive investment grade index, with an attractive level of additional income. The Invesco Multi-Factor Income Index is comprised of the following underlying Indexes:
| Index | Weight |
|---|---|
| Invesco Emerging Markets Debt Value Index | 15% |
| Invesco Emerging Markets Debt Defensive Index | 10% |
| Invesco High Yield Value Index | 10% |
| Invesco High Yield Defensive Index | 15% |
| Invesco Investment Grade Value Index | 15% |
| Invesco Investment Grade Defensive Index | 10% |
| Invesco U.S. Fixed Rate 30 Year MBS Index | 25% |
With the launch of these Indexes, Invesco Indexing expands its range of options for investors to track a variety of unique outcomes through single- and multi-factor exposure within the fixed income space.
For any questions, please contact indexsupport@invesco.com