Long-term investors should focus most of their efforts on finding good companies to buy and hold for the long term. However, it makes sense to have at least a portion of your money dedicated to more opportunistic investments.

Invesco High Yield Equity Dividend Achievers ETF (NASDAQ: PEY) lets you do that without having to put in much work. Here's why you might want to buy this portfolio of often overlooked dividend stocks.

This Invesco investment vehicle is an index-tracking exchange-traded fund (ETF) that tracks the Nasdaq US Dividend Achievers 50 Index, which is comprised of stocks from the Nasdaq US Broad Dividend Achievers Index. Luckily this isn't all that complicated.

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Source Fool.com