LOGIN
Subscribe

Invesco launches first ETF targeting closed-end-fund index

Invesco PowerShares Capital Management LLC today unveiled the first exchange-traded fund to invest in an index of closed-end funds.

Invesco PowerShares Capital Management LLC today unveiled the first exchange-traded fund to invest in an index of closed-end funds.

The PowerShares CEF Income Composite Portfolio (PCEF) is based on the S-Network Composite Closed-End Fund Index, developed by S-Network Global Indexes LLC and Paul M

Subscribe or log in to read the rest of this content.

Related Topics:

Learn more about reprints and licensing for this article.

Recent Articles by Author

Bank of America sounds warning on options-ETF boom

Bank of America sounds warning on options-ETF boom

Skeptics says products often fare worse than simpler alternatives.

Gold in flux as investors await Fed meeting

Gold in flux as investors await Fed meeting

Following a 13 percent advance this year, the price of the yellow metal wavered as traders weigh the odds of harmful rate hikes.

Hedge funds ramp up tech allocations, says Goldman

Hedge funds ramp up tech allocations, says Goldman

Data show amped-up net buying in sector through long positions and short-covering even amid a slide in S&P 500 IT index.

Stocks rise following hot March inflation

Stocks rise following hot March inflation

The S&P 500 is poised to extend gains on tech earnings while short-term Treasury yields fell following brisk rise in Fed’s preferred inflation gauge.

Fed will cut once before presidential election, says Howard Lutnick

Fed will cut once before presidential election, says Howard Lutnick

Cantor Fitzgerald’s chief executive predicts the central bank will “show off a little bit” just before voters head to the polls.

Latest news

Investors are impatient, they want big earnings

Investors are impatient, they want big earnings

‘I want to be a catalyst for change’

High school financial literacy education now mandatory in Oklahoma

Carson expands East Coast presence with three new locations

Do private debt fund returns offset their risks?

Tragedy at BofA as 25-year-old trader dies at industry event

Finra dings small Calif. B-D over Reg BI, missing red flags

Does the Dow hitting 40k matter?

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print

Subscribe

Get unlimited access to InvestmentNews

Subscribe for just
$19.99 per month.

Subscribe