|
Invesco Fundamental High Yield Corporate Bond ETF
|
|||||||||||||||||
- 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) | $321 |
| 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% |
 |
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. |
| -0.1% | 3.0% | 5.9% | 3.8% | 3.4% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 0.94 | 70% |
| S&P500 | 0.43 | 77% |
| MSCI EAFE | 0.42 | 71% |
| MSCI Emg. Mkts. | 0.31 | 40% |
| Recent close | $17.79 |
| 30d moving avg. | $18.05 |
| Annualized volatility | 8.6% |
| Short interest (ETF) | 0.1% |
| Relative strength (RSI) | 39 |
| Avg. volume (thou.) | 138 |
| Avg. daily value traded (mns) | $2 |
| 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.* |
4.5% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 9.86% | -15.1% | $15.10 |
| +200 bp | 8.86% | -9.4% | $16.11 |
| +150 bp | 8.36% | -6.8% | $16.57 |
| +100 bp | 7.86% | -4.4% | $17.01 |
| +75 bp | 7.61% | -3.2% | $17.21 |
| +50 bp | 7.36% | -2.1% | $17.41 |
| +25 bp | 7.11% | -1.0% | $17.61 |
| 0 bp | 6.86% | 0% | $17.79 |
| -25 bp | 6.61% | 1.0% | $17.97 |
| -50 bp | 6.36% | 2.0% | $18.14 |
| -75 bp | 6.11% | 2.9% | $18.30 |
| -100 bp | 5.86% | 3.8% | $18.46 |
| -150 bp | 5.36% | 5.4% | $18.75 |
| -200 bp | 4.86% | 6.9% | $19.01 |
| -300 bp | 3.86% | 9.3% | $19.45 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
686 | bp |
| Less: Annual "default factor" |
176 | bp |
| Less: Expense ratio | 50 | bp |
| Equals: ALTAR Score | 4.60 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 3.3% |
| Corporate | 4.4% |
| Emerging Market | 6.2% |
| Government | 7.2% |
| Inflation Protected | 2.5% |
| Mortgage | 5.1% |
| Municipals | 3.6% |
| *Note: The Invesco Fundamental High Yield Corporate Bond ETF is classified as a Corporate fund. | |