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Invesco Global ex-US High Yield Corporate Bond ETF
ETF
PGHY
Payout Change
Pending
Price as of:
$19.54
+0.08
+0.41%
primary theme
High Yield Bond
PGHY (ETF)
Invesco Global ex-US High Yield Corporate Bond ETF
Payout Change
Pending
Price as of:
$19.54
+0.08
+0.41%
primary theme
High Yield Bond
PGHY (ETF)
Invesco Global ex-US High Yield Corporate Bond ETF
Payout Change
Pending
Price as of:
$19.54
+0.08
+0.41%
primary theme
High Yield Bond
Name
As of 04/17/2024Price
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
Vitals
YTD Return
2.0%
1 yr return
10.1%
3 Yr Avg Return
1.9%
5 Yr Avg Return
2.4%
Net Assets
$134 M
Holdings in Top 10
9.7%
52 WEEK LOW AND HIGH
$19.5
$18.50
$19.88
Expenses
OPERATING FEES
Expense Ratio 0.35%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 59.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 04/17/2024Price
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
PGHY - Profile
Distributions
- YTD Total Return 2.0%
- 3 Yr Annualized Total Return 1.9%
- 5 Yr Annualized Total Return 2.4%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 4.36%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameInvesco Global ex-US High Yield Corporate Bond ETF
-
Fund Family NameINVESCOETF
-
Inception DateJun 20, 2013
-
Shares Outstanding9200000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerGary Jones
Fund Description
The Fund generally will invest at least 80% of its total assets in the components of the Underlying Index.
Strictly in accordance with its guidelines and mandated procedures, ICE Data Indices, LLC (the “Index Provider”) compiles, maintains and calculates the Underlying Index, which is composed of U.S. dollar denominated below investment grade corporate debt (commonly referred to as “high yield securities” or “junk bonds”) publicly issued in the U.S. domestic and eurobond markets by non-U.S. issuers. To be eligible for inclusion in the Underlying Index, a security must: (i) have a country of risk associated with a country other than the United States, including both developed and emerging markets countries; (ii) have a composite rating (based on an average of the ratings of Moody's Investor Services (Moody's), S&P Global Ratings (“S&P”) and Fitch Ratings Inc. (“Fitch”)) no greater than BB1 and no lower than CCC3; (iii) have at least one day until final maturity; (iv) have at least 18 months to final maturity at the time of issuance; (v) have a fixed coupon schedule; and (vi) have a minimum amount outstanding of $500 million. Eurodollar bonds (USD bonds not issued in the U.S. domestic market) and Rule 144A securities (both with and without registration rights) qualify for inclusion in the Underlying Index.
As of December 31, 2023, the Underlying Index was comprised of 542constituents.
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 more than 25% of the value of its net 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.
PGHY - Performance
Return Ranking - Trailing
| Period | PGHY Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.0% | -6.8% | 4.6% | 7.84% |
| 1 Yr | 10.1% | -9.2% | 14.6% | 8.96% |
| 3 Yr | 1.9%* | -16.4% | 19.8% | 23.65% |
| 5 Yr | 2.4%* | -11.9% | 36.5% | 70.66% |
| 10 Yr | 3.2%* | -4.8% | 19.3% | 51.17% |
* Annualized
Return Ranking - Calendar
| Period | PGHY Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 1.7% | -4.7% | 14.3% | 95.94% |
| 2022 | -10.1% | -33.4% | 3.6% | 6.77% |
| 2021 | -3.8% | -8.4% | 14.9% | 97.54% |
| 2020 | -2.6% | -13.9% | 302.7% | 88.18% |
| 2019 | 0.4% | -4.4% | 13.3% | 97.57% |
Total Return Ranking - Trailing
| Period | PGHY Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.0% | -6.8% | 4.6% | 7.84% |
| 1 Yr | 10.1% | -9.2% | 14.6% | 8.96% |
| 3 Yr | 1.9%* | -16.4% | 19.8% | 23.65% |
| 5 Yr | 2.4%* | -11.9% | 36.5% | 70.66% |
| 10 Yr | 3.2%* | -4.8% | 19.3% | 51.17% |
* Annualized
Total Return Ranking - Calendar
| Period | PGHY Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 10.1% | -4.7% | 18.2% | 83.62% |
| 2022 | -5.5% | -33.4% | 47.8% | 7.56% |
| 2021 | 1.2% | -8.4% | 24.8% | 94.92% |
| 2020 | 3.0% | -9.6% | 325.6% | 83.78% |
| 2019 | 5.9% | 0.9% | 21.5% | 97.40% |
PGHY - Holdings
Concentration Analysis
| PGHY | Category Low | Category High | PGHY % Rank | |
|---|---|---|---|---|
| Net Assets | 134 M | 1.45 M | 23.6 B | 78.27% |
| Number of Holdings | 526 | 2 | 2736 | 29.41% |
| Net Assets in Top 10 | 13 M | -492 M | 4.45 B | 84.37% |
| Weighting of Top 10 | 9.72% | 4.2% | 146.9% | 81.58% |
Top 10 Holdings
- Invesco Private Prime Fund 3.10%
- Industrial and Commercial Bank of China Ltd. 1.48%
- Invesco Private Government Fund 1.02%
- 1011778 BC ULC / New Red Finance Inc. 0.74%
- Bank of Communications Co., Ltd. 0.62%
- Vodafone Group PLC 0.60%
- Teva Pharmaceutical Finance Netherlands III B.V. 0.59%
- Bombardier Inc. 0.54%
- Global Aircraft Leasing Co., Ltd. 0.52%
- Connect Finco S.a.r.l. / Connect US Finco LLC 0.52%
Asset Allocation
| Weighting | Return Low | Return High | PGHY % Rank | |
|---|---|---|---|---|
| Bonds | 97.67% | -3.13% | 154.38% | 13.41% |
| Cash | 4.53% | -52.00% | 48.07% | 39.47% |
| Convertible Bonds | 0.52% | 0.00% | 17.89% | 75.54% |
| Other | 0.17% | -63.70% | 102.57% | 30.50% |
| Preferred Stocks | 0.12% | 0.00% | 7.88% | 34.67% |
| Stocks | 0.03% | 0.00% | 99.54% | 66.41% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PGHY % Rank | |
|---|---|---|---|---|
| Utilities | 0.00% | 0.00% | 100.00% | 60.86% |
| Technology | 0.00% | 0.00% | 33.17% | 61.89% |
| Real Estate | 0.00% | 0.00% | 86.71% | 57.58% |
| Industrials | 0.00% | 0.00% | 93.12% | 65.37% |
| Healthcare | 0.00% | 0.00% | 22.17% | 59.63% |
| Financial Services | 0.00% | 0.00% | 100.00% | 64.96% |
| Energy | 0.00% | 0.00% | 100.00% | 20.08% |
| Communication Services | 0.00% | 0.00% | 99.99% | 73.57% |
| Consumer Defense | 0.00% | 0.00% | 100.00% | 57.79% |
| Consumer Cyclical | 0.00% | 0.00% | 100.00% | 23.16% |
| Basic Materials | 0.00% | 0.00% | 100.00% | 68.03% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PGHY % Rank | |
|---|---|---|---|---|
| US | 0.03% | 0.00% | 99.54% | 64.09% |
| Non US | 0.00% | -0.01% | 0.83% | 42.41% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | PGHY % Rank | |
|---|---|---|---|---|
| Corporate | 76.39% | 0.00% | 129.69% | 93.02% |
| Government | 14.93% | 0.00% | 99.07% | 1.55% |
| Cash & Equivalents | 4.53% | 0.00% | 48.07% | 34.52% |
| Derivative | 0.17% | -15.04% | 42.26% | 14.40% |
| Securitized | 0.00% | 0.00% | 97.24% | 62.95% |
| Municipal | 0.00% | 0.00% | 4.66% | 37.21% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | PGHY % Rank | |
|---|---|---|---|---|
| US | 97.67% | -3.13% | 129.21% | 8.82% |
| Non US | 0.00% | 0.00% | 98.19% | 57.59% |
PGHY - Expenses
Operational Fees
| PGHY Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.35% | 0.04% | 31.61% | 96.59% |
| Management Fee | 0.35% | 0.00% | 1.84% | 8.64% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
| PGHY 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
| PGHY 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.
| PGHY Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 59.00% | 1.00% | 255.00% | 41.94% |
PGHY - Distributions
Dividend Yield Analysis
| PGHY | Category Low | Category High | PGHY % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 48.30% | 3.23% |
Dividend Distribution Analysis
| PGHY | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| PGHY | Category Low | Category High | PGHY % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 4.36% | -2.39% | 14.30% | 52.76% |
Capital Gain Distribution Analysis
| PGHY | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Mar 22, 2024 | $0.122 | OrdinaryDividend |
| Feb 23, 2024 | $0.120 | OrdinaryDividend |
| Jan 26, 2024 | $0.130 | OrdinaryDividend |
| Dec 22, 2023 | $0.132 | OrdinaryDividend |
| Nov 24, 2023 | $0.147 | OrdinaryDividend |
| Oct 27, 2023 | $0.146 | OrdinaryDividend |
| Sep 22, 2023 | $0.140 | OrdinaryDividend |
| Aug 25, 2023 | $0.139 | OrdinaryDividend |
| Jul 28, 2023 | $0.146 | OrdinaryDividend |
| Jun 23, 2023 | $0.137 | OrdinaryDividend |
| May 26, 2023 | $0.129 | OrdinaryDividend |
| Apr 28, 2023 | $0.117 | OrdinaryDividend |
| Mar 24, 2023 | $0.108 | OrdinaryDividend |
| Feb 24, 2023 | $0.102 | OrdinaryDividend |
| Jan 27, 2023 | $0.093 | OrdinaryDividend |
| Dec 23, 2022 | $0.085 | OrdinaryDividend |
| Nov 25, 2022 | $0.085 | OrdinaryDividend |
| Oct 28, 2022 | $0.080 | OrdinaryDividend |
| Sep 23, 2022 | $0.080 | OrdinaryDividend |
| Aug 26, 2022 | $0.076 | OrdinaryDividend |
| Jul 22, 2022 | $0.071 | OrdinaryDividend |
| Jun 30, 2022 | $0.078 | OrdinaryDividend |
| May 31, 2022 | $0.082 | OrdinaryDividend |
| Apr 29, 2022 | $0.084 | OrdinaryDividend |
| Mar 31, 2022 | $0.087 | OrdinaryDividend |
| Feb 28, 2022 | $0.088 | OrdinaryDividend |
| Jan 31, 2022 | $0.087 | OrdinaryDividend |
| Dec 31, 2021 | $0.086 | OrdinaryDividend |
| Nov 30, 2021 | $0.089 | OrdinaryDividend |
| Oct 29, 2021 | $0.072 | OrdinaryDividend |
| Sep 30, 2021 | $0.072 | OrdinaryDividend |
| Aug 31, 2021 | $0.074 | OrdinaryDividend |
| Jul 30, 2021 | $0.074 | OrdinaryDividend |
| Jun 30, 2021 | $0.074 | OrdinaryDividend |
| May 28, 2021 | $0.075 | OrdinaryDividend |
| Apr 30, 2021 | $0.078 | OrdinaryDividend |
| Mar 31, 2021 | $0.080 | OrdinaryDividend |
| Feb 26, 2021 | $0.082 | OrdinaryDividend |
| Jan 29, 2021 | $0.084 | OrdinaryDividend |
| Dec 31, 2020 | $0.100 | OrdinaryDividend |
| Nov 30, 2020 | $0.101 | OrdinaryDividend |
| Oct 30, 2020 | $0.092 | OrdinaryDividend |
| Sep 30, 2020 | $0.095 | OrdinaryDividend |
| Aug 31, 2020 | $0.100 | OrdinaryDividend |
| Jul 31, 2020 | $0.103 | OrdinaryDividend |
| Jun 30, 2020 | $0.103 | OrdinaryDividend |
| May 29, 2020 | $0.100 | OrdinaryDividend |
| Apr 30, 2020 | $0.103 | OrdinaryDividend |
| Mar 31, 2020 | $0.101 | OrdinaryDividend |
| Feb 28, 2020 | $0.102 | OrdinaryDividend |
| Jan 31, 2020 | $0.105 | OrdinaryDividend |
| Dec 31, 2019 | $0.105 | OrdinaryDividend |
| Nov 29, 2019 | $0.103 | OrdinaryDividend |
| Oct 31, 2019 | $0.103 | OrdinaryDividend |
| Sep 30, 2019 | $0.101 | OrdinaryDividend |
| Aug 30, 2019 | $0.098 | OrdinaryDividend |
| Jul 31, 2019 | $0.097 | OrdinaryDividend |
| Jun 28, 2019 | $0.097 | OrdinaryDividend |
| May 31, 2019 | $0.098 | OrdinaryDividend |
| Apr 30, 2019 | $0.101 | OrdinaryDividend |
| Mar 29, 2019 | $0.099 | OrdinaryDividend |
| Feb 28, 2019 | $0.100 | OrdinaryDividend |
| Jan 31, 2019 | $0.114 | OrdinaryDividend |
| Dec 31, 2018 | $0.098 | OrdinaryDividend |
| Nov 30, 2018 | $0.099 | OrdinaryDividend |
| Oct 31, 2018 | $0.110 | OrdinaryDividend |
| Sep 28, 2018 | $0.102 | OrdinaryDividend |
| Aug 31, 2018 | $0.108 | OrdinaryDividend |
| Jul 31, 2018 | $0.108 | OrdinaryDividend |
| Jun 29, 2018 | $0.105 | OrdinaryDividend |
| May 31, 2018 | $0.109 | OrdinaryDividend |
| Apr 30, 2018 | $0.107 | OrdinaryDividend |
| Mar 29, 2018 | $0.100 | OrdinaryDividend |
| Feb 28, 2018 | $0.099 | OrdinaryDividend |
| Jan 31, 2018 | $0.092 | OrdinaryDividend |
| Dec 29, 2017 | $0.103 | OrdinaryDividend |
| Nov 30, 2017 | $0.102 | OrdinaryDividend |
| Oct 31, 2017 | $0.102 | OrdinaryDividend |
| Sep 29, 2017 | $0.102 | OrdinaryDividend |
| Aug 31, 2017 | $0.107 | OrdinaryDividend |
| Jul 31, 2017 | $0.111 | OrdinaryDividend |
| Jun 30, 2017 | $0.110 | OrdinaryDividend |
| May 31, 2017 | $0.106 | OrdinaryDividend |
| Apr 28, 2017 | $0.113 | OrdinaryDividend |
| Mar 31, 2017 | $0.118 | OrdinaryDividend |
| Feb 28, 2017 | $0.122 | OrdinaryDividend |
| Jan 31, 2017 | $0.122 | OrdinaryDividend |
| Dec 30, 2016 | $0.140 | OrdinaryDividend |
| Nov 30, 2016 | $0.133 | OrdinaryDividend |
| Oct 31, 2016 | $0.186 | OrdinaryDividend |
| Sep 30, 2016 | $0.150 | OrdinaryDividend |
| Aug 31, 2016 | $0.148 | OrdinaryDividend |
| Jul 29, 2016 | $0.147 | OrdinaryDividend |
| Jun 30, 2016 | $0.130 | OrdinaryDividend |
| May 31, 2016 | $0.125 | OrdinaryDividend |
| Apr 29, 2016 | $0.100 | OrdinaryDividend |
| Mar 31, 2016 | $0.092 | OrdinaryDividend |
| Feb 29, 2016 | $0.090 | OrdinaryDividend |
| Jan 29, 2016 | $0.090 | OrdinaryDividend |
| Dec 31, 2015 | $0.091 | OrdinaryDividend |
| Nov 30, 2015 | $0.091 | OrdinaryDividend |
| Oct 30, 2015 | $0.084 | OrdinaryDividend |
| Sep 30, 2015 | $0.084 | OrdinaryDividend |
| Aug 31, 2015 | $0.094 | OrdinaryDividend |
| Jul 31, 2015 | $0.090 | OrdinaryDividend |
| Jun 30, 2015 | $0.085 | OrdinaryDividend |
| May 29, 2015 | $0.086 | OrdinaryDividend |
| Apr 30, 2015 | $0.086 | OrdinaryDividend |
| Mar 31, 2015 | $0.089 | OrdinaryDividend |
| Feb 27, 2015 | $0.089 | OrdinaryDividend |
| Jan 30, 2015 | $0.086 | OrdinaryDividend |
| Dec 31, 2014 | $0.085 | OrdinaryDividend |
| Nov 28, 2014 | $0.084 | OrdinaryDividend |
| Oct 31, 2014 | $0.084 | OrdinaryDividend |
| Sep 30, 2014 | $0.085 | OrdinaryDividend |
| Aug 29, 2014 | $0.083 | OrdinaryDividend |
| Jul 31, 2014 | $0.088 | OrdinaryDividend |
| Jun 30, 2014 | $0.087 | OrdinaryDividend |
| May 30, 2014 | $0.088 | OrdinaryDividend |
| Apr 30, 2014 | $0.087 | OrdinaryDividend |
| Mar 31, 2014 | $0.090 | OrdinaryDividend |
| Feb 28, 2014 | $0.089 | OrdinaryDividend |
| Jan 31, 2014 | $0.077 | OrdinaryDividend |
| Dec 31, 2013 | $0.084 | OrdinaryDividend |
| Nov 29, 2013 | $0.094 | OrdinaryDividend |
| Oct 31, 2013 | $0.099 | OrdinaryDividend |
| Sep 30, 2013 | $0.099 | OrdinaryDividend |
| Aug 30, 2013 | $0.099 | OrdinaryDividend |
PGHY - Fund Manager Analysis
Managers
Gary Jones
Start Date
Tenure
Tenure Rank
Jun 20, 2013
8.95
9.0%
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
Jun 20, 2013
8.95
9.0%
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.
Peter Hubbard
Start Date
Tenure
Tenure Rank
Jun 20, 2013
8.95
9.0%
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.
Greg Meisenger
Start Date
Tenure
Tenure Rank
Feb 28, 2020
2.25
2.3%
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 | 7.12 | 8.17 |
