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Name

As of 12/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Invesco Fundamental High Yield Corporate Bond ETF

PHB | ETF

$18.08

$418 M

6.00%

$1.08

0.50%

Vitals

YTD Return

5.5%

1 yr return

5.6%

3 Yr Avg Return

2.3%

5 Yr Avg Return

3.1%

Net Assets

$418 M

Holdings in Top 10

41.0%

52 WEEK LOW AND HIGH

$18.0
$17.74
$18.61

Expenses

OPERATING FEES

Expense Ratio 0.50%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 12/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Invesco Fundamental High Yield Corporate Bond ETF

PHB | ETF

$18.08

$418 M

6.00%

$1.08

0.50%

PHB - Profile

Distributions

  • YTD Total Return 5.5%
  • 3 Yr Annualized Total Return 2.3%
  • 5 Yr Annualized Total Return 3.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.55%
DIVIDENDS
  • Dividend Yield 6.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Invesco Fundamental High Yield Corporate Bond ETF
  • Fund Family Name
    INVESCOETF
  • Inception Date
    Nov 15, 2007
  • Shares Outstanding
    46500000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Peter Hubbard

Fund Description

The Fund generally will invest at least 80% of its total assets in the components that comprise the Underlying Index.
Strictly in accordance with its guidelines and mandated procedures, Research Affiliates, LLC (“RA” or the “Index Provider”) or its agent compiles and calculates the Underlying Index, which is designed to measure the performance of U.S. dollar-denominated, high yield corporate bonds that are SEC-registered securities, Section 3(a)(2) securities under the Securities Act of 1933 (“Securities Act”), or Rule 144A securities under the Securities Act and whose issuers are public companies domiciled in the United States. The Underlying Index selects and weights securities based on the Fundamental Index® approach developed by RA that uses four fundamental factors of company size: book value of assets, gross sales, gross dividends and cash flow. Only non-convertible, non-exchangeable, non-zero, non-sinkable, fixed coupon high-yield corporate bonds qualify for inclusion in the Underlying Index.
As of October 31, 2024, the Underlying Index was comprised of 267 constituents.
The Fund does not purchase all of the securities in the Underlying Index; instead, the Fund utilizes a “sampling” methodology to seek to achieve its investment objective.
Concentration Policy. The Fund will concentrate its investments (i.e., invest 25% or more of the value of its total assets) in securities of issuers in
any one industry or group of industries only to the extent that the Underlying Index reflects a concentration in that industry or group of industries. The Fund will not otherwise concentrate its investments in securities of issuers in any one industry or group of industries. As of August 31, 2024, the Fund had significant exposure to the consumer discretionary sector. The Fund’s portfolio holdings, and the extent to which it concentrates its investments, are likely to change over time.
Read More

PHB - Performance

Return Ranking - Trailing

Period PHB Return Category Return Low Category Return High Rank in Category (%)
YTD 5.5% -8.8% 17.7% 88.28%
1 Yr 5.6% -9.2% 18.4% 91.58%
3 Yr 2.3%* -14.6% 21.0% 54.15%
5 Yr 3.1%* -12.0% 36.6% 61.54%
10 Yr 4.0%* -4.8% 20.1% 55.32%

* Annualized

Return Ranking - Calendar

Period PHB Return Category Return Low Category Return High Rank in Category (%)
2023 5.9% -4.7% 14.3% 31.41%
2022 -11.8% -33.4% 3.6% 12.46%
2021 -0.1% -8.4% 8.2% 54.83%
2020 0.9% -13.2% 302.7% 26.64%
2019 9.0% -4.4% 13.3% 24.82%

Total Return Ranking - Trailing

Period PHB Return Category Return Low Category Return High Rank in Category (%)
YTD 5.5% -8.8% 17.7% 88.28%
1 Yr 5.6% -9.2% 18.4% 91.58%
3 Yr 2.3%* -14.6% 21.0% 54.15%
5 Yr 3.1%* -12.0% 36.6% 61.54%
10 Yr 4.0%* -4.8% 20.1% 55.32%

* Annualized

Total Return Ranking - Calendar

Period PHB Return Category Return Low Category Return High Rank in Category (%)
2023 11.2% -4.7% 18.7% 71.88%
2022 -8.8% -33.4% 47.8% 21.76%
2021 3.3% -8.4% 12.4% 84.66%
2020 5.2% -9.6% 325.6% 56.31%
2019 13.6% -3.8% 21.6% 52.92%

PHB - Holdings

Concentration Analysis

PHB Category Low Category High PHB % Rank
Net Assets 418 M 3.13 M 25.3 B 61.64%
Number of Holdings 244 2 3879 71.33%
Net Assets in Top 10 233 M -492 M 5.25 B 30.15%
Weighting of Top 10 41.03% 4.2% 146.0% 6.10%

Top 10 Holdings

  1. Invesco Private Prime Fund 23.86%
  2. Invesco Private Government Fund 8.96%
  3. Synchrony Financial 1.22%
  4. United Airlines, Inc. 1.13%
  5. Windsor Holdings III, LLC 1.05%
  6. Ford Motor Co. 1.04%
  7. Ford Motor Credit Co. LLC 1.02%
  8. CCO Holdings, LLC/CCO Holdings Capital Corp. 0.97%
  9. PGE Corp. 0.93%
  10. Walgreens Boots Alliance, Inc. 0.86%

Asset Allocation

Weighting Return Low Return High PHB % Rank
Bonds 		98.31% 0.00% 145.36% 7.54%
Cash 		33.04% -52.00% 48.02% 0.33%
Stocks 		0.00% 0.00% 97.54% 96.23%
Preferred Stocks 		0.00% 0.00% 4.97% 87.97%
Other 		0.00% -39.08% 99.86% 81.05%
Convertible Bonds 		0.00% 0.00% 17.89% 99.01%

Bond Sector Breakdown

Weighting Return Low Return High PHB % Rank
Corporate 		99.65% 0.00% 100.00% 2.81%
Cash & Equivalents 		33.04% 0.00% 48.02% 0.33%
Derivative 		0.00% -14.58% 42.26% 73.97%
Securitized 		0.00% 0.00% 97.24% 89.93%
Municipal 		0.00% 0.00% 1.17% 80.20%
Government 		0.00% 0.00% 99.07% 87.13%

Bond Geographic Breakdown

Weighting Return Low Return High PHB % Rank
US 		98.31% 0.00% 126.57% 6.75%
Non US 		0.00% 0.00% 96.91% 88.80%

PHB - Expenses

Operational Fees

PHB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.50% 0.02% 38.33% 91.45%
Management Fee 0.50% 0.00% 1.75% 36.78%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

PHB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

PHB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PHB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 1.00% 255.00% 8.96%

PHB - Distributions

Dividend Yield Analysis

PHB Category Low Category High PHB % Rank
Dividend Yield 6.00% 0.00% 11.76% 80.69%

Dividend Distribution Analysis

PHB Category Low Category High Category Mod
Dividend Distribution Frequency Monthly SemiAnnual Monthly Monthly

Net Income Ratio Analysis

PHB Category Low Category High PHB % Rank
Net Income Ratio 3.55% -2.39% 9.30% 84.06%

Capital Gain Distribution Analysis

PHB Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

PHB - Fund Manager Analysis

Managers

Peter Hubbard

Start Date

Tenure

Tenure Rank

Nov 15, 2007

14.55

14.6%

Peter Hubbard, Vice President and Director of Portfolio Management of the Invesco PowerShares Capital Management LLC. Mr. Hubbard has been a Portfolio Manager of the Adviser since June 2007 and has been associated with the Adviser since 2005. Prior to joining the Invesco PowerShares Capital Management LLC, Hubbard was a research analyst and trader for Ritchie Capital from September 2003 to May 2005.

Gary Jones

Start Date

Tenure

Tenure Rank

Jan 31, 2012

10.34

10.3%

Gary Jones is a Portfolio Manager of Invesco PowerShares Capital Management LLC and has been one of the Portfolio Managers primarily responsible for the day-to-day management of the Funds since January 2012. Mr. Jones has been a Portfolio Manager of the Adviser since December 2010. Previously, he was a Portfolio Manager of Van Kampen Investments from 2007 to 2009.

Richard Ose

Start Date

Tenure

Tenure Rank

Feb 28, 2014

8.26

8.3%

Richard Ose is a Vice President and Portfolio Manager of the Invesco PowerShares Capital Management LLC and has been employed by the Invesco PowerShares Capital Management LLC since 2011. Mr. Ose has been a Portfolio Manager of the Invesco PowerShares Capital Management LLC since July 2011. Prior to joining the Invesco PowerShares Capital Management LLC, Mr. Ose was an equity and derivatives trader at Claymore Advisors from 2007 to 2011.

Greg Meisenger

Start Date

Tenure

Tenure Rank

Dec 20, 2019

2.45

2.5%

Greg Meisenger, Portfolio Manager of Invesco Capital Management LLC. Mr. Meisenger has been associated with Invesco since March 2018. Prior to joining Invesco, Mr. Meisenger was a Senior Fixed Income Trader/Portfolio Manager with Columbia Threadneedle Investments since 2014. Prior to joining Columbia Threadneedle Investments, Mr. Meisenger was a Senior Fixed Income Trader with Thrivent Financial from 2004 to 2014.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.13 37.79 7.31 8.17

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