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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) | $732 |
| 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 | 237 |
| No of distinct issuers | 188 |
| 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% |
| T-MOBILE USA, INC. | 1.5% |
| HCA INC | 1.5% |
| DELTA AIR LINES, INC. | 1.5% |
| UNITED CONTINENTAL HOLDINGS, INC. | 1.4% |
 |
UNITED STATES | 94.4 % |
 |
UNITED KINGDOM | 1.0 % |
 |
0.7 % | |
 |
CAYMAN ISLANDS | 0.5 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 9.8% | 6.8% | 4.2% | 6.2% | 3.4% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 0.27 | 4% |
| S&P500 | 0.25 | 55% |
| MSCI EAFE | 0.28 | 57% |
| MSCI Emg. Mkts. | 0.18 | 39% |
| Recent close | $18.88 |
| 30d moving avg. | $18.92 |
| Annualized volatility | 4.0% |
| Short interest (ETF) | 0.2% |
| Relative strength (RSI) | 47 |
| Avg. volume (thou.) | 284 |
| Avg. daily value traded (mns) | $5 |
| Turnover | 0.7% |
| Bid/Ask (% of price) | 0.05 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| PHB | 4.2 yrs | Category Avg.* |
4.7 yrs |
| PHB | 4.1% | Category Avg.* |
4.6% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 7.77% | -9.8% | $17.02 |
| +200 bp | 6.77% | -7.1% | $17.54 |
| +150 bp | 6.27% | -5.5% | $17.83 |
| +100 bp | 5.77% | -3.8% | $18.16 |
| +75 bp | 5.52% | -2.9% | $18.33 |
| +50 bp | 5.27% | -2.0% | $18.50 |
| +25 bp | 5.02% | -1.0% | $18.69 |
| 0 bp | 4.77% | 0% | $18.88 |
| -25 bp | 4.52% | 1.0% | $19.08 |
| -50 bp | 4.27% | 2.1% | $19.28 |
| -75 bp | 4.02% | 3.2% | $19.49 |
| -100 bp | 3.77% | 4.4% | $19.71 |
| -150 bp | 3.27% | 6.8% | $20.16 |
| -200 bp | 2.77% | 9.3% | $20.64 |
| -300 bp | 1.77% | 14.8% | $21.68 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
477 | bp |
| Less: Annual "default factor" |
203 | 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 | 1.6% |
| Inflation Protected | 1.7% |
| Mortgage | 2.8% |
| Municipals | 2.2% |
| *Note: The Invesco Fundamental High Yield Corp Bond is classified as a Corporate fund. | |