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Trending ETFs

Invesco Global ex-US High Yield Corporate Bond ETF

ETF
PGHY
Payout Change
Pending
Price as of:
$19.665 -0.07 -0.33%
primary theme
High Yield Bond
PGHY (ETF)

Invesco Global ex-US High Yield Corporate Bond ETF

Payout Change
Pending
Price as of:
$19.665 -0.07 -0.33%
primary theme
High Yield Bond
PGHY (ETF)

Invesco Global ex-US High Yield Corporate Bond ETF

Payout Change
Pending
Price as of:
$19.665 -0.07 -0.33%
primary theme
High Yield Bond

Name

As of 06/14/2024

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

$19.67

$134 M

7.20%

$1.41

0.35%

Vitals

YTD Return

3.9%

1 yr return

10.2%

3 Yr Avg Return

2.4%

5 Yr Avg Return

2.7%

Net Assets

$134 M

Holdings in Top 10

9.7%

52 WEEK LOW AND HIGH

$19.7
$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 06/14/2024

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

$19.67

$134 M

7.20%

$1.41

0.35%

PGHY - Profile

Distributions

  • YTD Total Return 3.9%
  • 3 Yr Annualized Total Return 2.4%
  • 5 Yr Annualized Total Return 2.7%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.36%
DIVIDENDS
  • Dividend Yield 7.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Invesco Global ex-US High Yield Corporate Bond ETF
  • Fund Family Name
    INVESCOETF
  • Inception Date
    Jun 20, 2013
  • Shares Outstanding
    9200000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Gary 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.
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PGHY - Performance

Return Ranking - Trailing

Period PGHY Return Category Return Low Category Return High Rank in Category (%)
YTD 3.9% -6.6% 8.3% 10.90%
1 Yr 10.2% -5.7% 19.2% 27.26%
3 Yr 2.4%* -16.2% 20.1% 22.94%
5 Yr 2.7%* -11.7% 37.1% 74.56%
10 Yr 3.3%* -5.2% 19.5% 50.12%

* Annualized

Return Ranking - Calendar

Period PGHY Return Category Return Low Category Return High Rank in Category (%)
2023 1.7% -4.7% 14.3% 95.72%
2022 -10.1% -33.4% 3.6% 7.20%
2021 -3.8% -8.4% 8.2% 97.50%
2020 -2.6% -13.2% 302.7% 88.51%
2019 0.4% -4.4% 13.3% 97.35%

Total Return Ranking - Trailing

Period PGHY Return Category Return Low Category Return High Rank in Category (%)
YTD 3.9% -6.6% 8.3% 10.90%
1 Yr 10.2% -5.7% 19.2% 27.26%
3 Yr 2.4%* -16.2% 20.1% 22.94%
5 Yr 2.7%* -11.7% 37.1% 74.56%
10 Yr 3.3%* -5.2% 19.5% 50.12%

* Annualized

Total Return Ranking - Calendar

Period PGHY Return Category Return Low Category Return High Rank in Category (%)
2023 10.1% -4.7% 18.7% 83.68%
2022 -5.5% -33.4% 47.8% 7.84%
2021 1.2% -8.4% 12.4% 94.67%
2020 3.0% -9.6% 325.6% 84.22%
2019 5.9% -3.8% 19.4% 97.18%

PGHY - Holdings

Concentration Analysis

PGHY Category Low Category High PGHY % Rank
Net Assets 134 M 1.45 M 23.6 B 79.15%
Number of Holdings 526 2 2888 30.16%
Net Assets in Top 10 13 M -492 M 5.26 B 85.71%
Weighting of Top 10 9.72% 4.2% 164.1% 82.22%

Top 10 Holdings

  1. Invesco Private Prime Fund 3.10%
  2. Industrial and Commercial Bank of China Ltd. 1.48%
  3. Invesco Private Government Fund 1.02%
  4. 1011778 BC ULC / New Red Finance Inc. 0.74%
  5. Bank of Communications Co., Ltd. 0.62%
  6. Vodafone Group PLC 0.60%
  7. Teva Pharmaceutical Finance Netherlands III B.V. 0.59%
  8. Bombardier Inc. 0.54%
  9. Global Aircraft Leasing Co., Ltd. 0.52%
  10. Connect Finco S.a.r.l. / Connect US Finco LLC 0.52%

Asset Allocation

Weighting Return Low Return High PGHY % Rank
Bonds
97.67% -0.88% 154.38% 20.70%
Cash
4.53% -52.00% 48.07% 37.30%
Convertible Bonds
0.52% 0.00% 17.89% 75.71%
Other
0.17% -63.70% 100.29% 31.43%
Preferred Stocks
0.12% 0.00% 7.88% 34.13%
Stocks
0.03% 0.00% 99.58% 66.82%

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% 99.58% 64.44%
Non US
0.00% -0.01% 0.83% 51.11%

Bond Sector Breakdown

Weighting Return Low Return High PGHY % Rank
Corporate
76.39% 0.00% 100.00% 93.16%
Government
14.93% 0.00% 99.07% 1.59%
Cash & Equivalents
4.53% 0.00% 48.07% 36.35%
Derivative
0.17% -14.70% 42.26% 18.73%
Securitized
0.00% 0.00% 97.24% 68.04%
Municipal
0.00% 0.00% 1.17% 42.77%

Bond Geographic Breakdown

Weighting Return Low Return High PGHY % Rank
US
97.67% -0.88% 129.21% 12.38%
Non US
0.00% 0.00% 98.19% 64.13%

PGHY - Expenses

Operational Fees

PGHY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.35% 0.02% 38.33% 96.51%
Management Fee 0.35% 0.00% 1.84% 9.34%
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% 41.87%

PGHY - Distributions

Dividend Yield Analysis

PGHY Category Low Category High PGHY % Rank
Dividend Yield 7.20% 0.00% 11.76% 2.68%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

PGHY Category Low Category High PGHY % Rank
Net Income Ratio 4.36% -2.39% 14.30% 52.02%

Capital Gain Distribution Analysis

PGHY Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Distributions History

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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 7.17 8.17