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Multi-Asset Income ETF (DWIN) Hit a New 52-Week High (Revised)

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Invesco DWA Tactical Multi-Asset Income ETF fund hit a 52-week high on Feb 10, and was up roughly 6.9% from its 52-week low price of $24.55/share.

However, the fund is closing soon and its final day of trading is Feb 14, 2020.

DWIN in Focus

The fund invests in both fixed income and equity income ETFs including those holding investment grade and high yield bonds, fixed-rate preferred shares, dividend paying equities, US Treasuries, MLPs and real estate investment trusts. It rotates between income-oriented segments, depending on market momentum as well as yield criteria. The fund yields about 4.70% annually (see all total portfolio ETFs here).

Why the Move?

Wall Street may be hitting highs but economic slowdown fears and its impact on corporate earnings can’t be completely ignored. Goldman analysts expect the coronavirus outbreak to hit U.S. economic growth by up to 0.5 percentage points in the first quarter of 2020.

Then there are global growth worries. In such volatile times, investors have every reason to safeguard the portfolio against any impending crash with multi-asset ETFs like DWIN that offer solid dividend yield as well.

(We are reissuing this article to correct a mistake. The original article, issued on Feb 11, 2020 should no longer be relied upon.)

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