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Invesco Fundamental High Yield Corp Bond
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- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
| Invesco Fundamental High Yield Corporate Bond Portfolio is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the price and yield of the RAFI High Yield Bond Index. |
| Category | Corporate |
| Fund Sponsor | Invesco PowerShares |
| Website | www.powershares.com |
| Inception date | Nov 15, 2007 |
| Assets (mns) | $739 |
| Currency | USD |
| Expense ratio | 50 bp |
| Distributions | Monthly |
| Regulation | Open-End Investment Company |
| Custodian | Bank of New York Mellon/The |
| Weighting | Fundamentals |
| Index replication | Full |
| No. of constituents | 231 |
| No of distinct issuers | 184 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 3% /97% |
| Non-standard maturity (callable, etc.) | 88% |
| DELL EMC, INC. 3.4% 6/01/23 | 1.6 % |
| UNITED AIRLINES HOLDI 4.3% 1/01/22 | 1.3 % |
| GENWORTH FINANCIAL, I 7.6% 9/24/21 | 1.0 % |
| WESTERN DIGITAL CORPO 4.8% 2/15/26 | 1.0 % |
| CENTENE ESCROW CORP. 6.1% 2/15/24 | 1.0 % |
| YUM! BRANDS, INC. 3.8% 11/01/21 | 0.9 % |
| DAVITA INC. 5.1% 7/15/24 | 0.8 % |
| GAP, INC. 6.0% 4/12/21 | 0.8 % |
| AVIS BUDGET CAR RENTA 5.5% 4/01/23 | 0.8 % |
| HESS CORPORATION 4.3% 4/01/27 | 0.8 % |
| TOTAL | 10.1 % |
|---|
| DELL EMC, INC. | 1.6% |
| HCA INC | 1.5% |
| T-MOBILE USA, INC. | 1.5% |
| DELTA AIR LINES, INC. | 1.4% |
| UNITED CONTINENTAL HOLDINGS, INC. | 1.4% |
 |
UNITED STATES | 94.9 % |
 |
1.1 % | |
 |
CAYMAN ISLANDS | 0.5 % |
 |
UNITED KINGDOM | 0.5 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 11.1% | 7.1% | 4.4% | 6.0% | 3.4% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 0.28 | 6% |
| S&P500 | 0.24 | 56% |
| MSCI EAFE | 0.26 | 54% |
| MSCI Emg. Mkts. | 0.16 | 34% |
| Recent close | $19.05 |
| 30d moving avg. | $19.04 |
| Annualized volatility | 4.0% |
| Short interest (ETF) | 0.6% |
| Relative strength (RSI) | 46 |
| Avg. volume (thou.) | 319 |
| Avg. daily value traded (mns) | $6 |
| Turnover | 0.8% |
| Bid/Ask (% of price) | 0.06 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| PHB | 4.2 yrs | Category Avg.* |
4.6 yrs |
| PHB | 4.1% | Category Avg.* |
4.6% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 7.72% | -10.1% | $17.13 |
| +200 bp | 6.72% | -7.2% | $17.67 |
| +150 bp | 6.22% | -5.6% | $17.98 |
| +100 bp | 5.72% | -3.9% | $18.31 |
| +75 bp | 5.47% | -3.0% | $18.49 |
| +50 bp | 5.22% | -2.0% | $18.67 |
| +25 bp | 4.97% | -1.0% | $18.86 |
| 0 bp | 4.72% | 0% | $19.05 |
| -25 bp | 4.47% | 1.0% | $19.25 |
| -50 bp | 4.22% | 2.1% | $19.46 |
| -75 bp | 3.97% | 3.2% | $19.67 |
| -100 bp | 3.72% | 4.4% | $19.88 |
| -150 bp | 3.22% | 6.8% | $20.34 |
| -200 bp | 2.72% | 9.3% | $20.82 |
| -300 bp | 1.72% | 14.7% | $21.84 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
472 | bp |
| Less: Annual "default factor" |
198 | bp |
| Less: Expense ratio | 50 | bp |
| Equals: ALTAR Score | 2.24 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 1.7% |
| Corporate | 2.3% |
| Emerging Market | 3.6% |
| Government | 1.7% |
| Inflation Protected | 1.8% |
| Mortgage | 2.8% |
| Municipals | 2.3% |
| *Note: The Invesco Fundamental High Yield Corp Bond is classified as a Corporate fund. | |