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Invesco Fundamental High Yield Corporate Bond ETF
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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 |
| Website | www.invesco.com |
| Inception date | Nov 15, 2007 |
| Assets (mns) | $421 |
| 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 | 152 |
| No of distinct issuers | 119 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 3% /97% |
| Non-standard maturity (callable, etc.) | 95% |
| 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 % |
|---|
| CENTENE CORPORATION | 2.3% |
| OCCIDENTAL PETROLEUM CORPORATION | 2.0% |
| SYNCHRONY FINANCIAL | 1.9% |
| DELTA AIR LINES, INC. | 1.8% |
| UNITED CONTINENTAL HOLDINGS, INC. | 1.8% |
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UNITED STATES | 95.9 % |
 |
CAYMAN ISLANDS | 1.2 % |
 |
0.4 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 5.2% | 13.7% | 3.6% | 3.9% | 3.5% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 0.96 | 70% |
| S&P500 | 0.44 | 76% |
| MSCI EAFE | 0.43 | 74% |
| MSCI Emg. Mkts. | 0.33 | 43% |
| Recent close | $18.22 |
| 30d moving avg. | $18.34 |
| Annualized volatility | 8.7% |
| Short interest (ETF) | 0.3% |
| Relative strength (RSI) | 49 |
| Avg. volume (thou.) | 96 |
| Avg. daily value traded (mns) | $2 |
| Turnover | 0.4% |
| 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.* |
4.5% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 8.93% | -15.1% | $15.46 |
| +200 bp | 7.93% | -9.4% | $16.50 |
| +150 bp | 7.43% | -6.8% | $16.97 |
| +100 bp | 6.93% | -4.4% | $17.42 |
| +75 bp | 6.68% | -3.2% | $17.63 |
| +50 bp | 6.43% | -2.1% | $17.83 |
| +25 bp | 6.18% | -1.0% | $18.03 |
| 0 bp | 5.93% | 0% | $18.22 |
| -25 bp | 5.68% | 1.0% | $18.40 |
| -50 bp | 5.43% | 2.0% | $18.58 |
| -75 bp | 5.18% | 2.9% | $18.74 |
| -100 bp | 4.93% | 3.8% | $18.90 |
| -150 bp | 4.43% | 5.4% | $19.20 |
| -200 bp | 3.93% | 6.9% | $19.47 |
| -300 bp | 2.93% | 9.3% | $19.92 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
593 | bp |
| Less: Annual "default factor" |
176 | bp |
| Less: Expense ratio | 50 | bp |
| Equals: ALTAR Score | 3.67 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 3.2% |
| Corporate | 4.0% |
| Emerging Market | 5.9% |
| Government | 7.1% |
| Inflation Protected | 2.7% |
| Mortgage | 5.0% |
| Municipals | 3.2% |
| *Note: The Invesco Fundamental High Yield Corporate Bond ETF is classified as a Corporate fund. | |