The Invesco CEF Income Composite Portfolio ETF (NYSE:PCEF) provides passive exposure to a variety of yield- and income-focused closed-end funds, or "CEFs". It seeks to replicate the performance of the S-Network Composite Closed-End Fund Index, which essentially is a benchmark for yield-oriented CEFs. In this regard, PCEF is essentially an "ETF of CEFs", which themselves are actively managed and may employ leverage to target impressive distribution yields. Indeed, PCEF currently yields 7.22% net of the 2.25% expense ratio and an aggregate of the distribution from its 132 fund holdings. Its total current assets