Invesco Fundamental High Etf Profile
| PHB Etf | USD 18.35 0.12 0.66% |
Performance3 of 100
| Odds Of DistressLess than 9
|
Invesco Fundamental is trading at 18.35 as of the 25th of November 2024, a 0.66 percent increase since the beginning of the trading day. The etf's open price was 18.23. Invesco Fundamental has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Invesco Fundamental High are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
The fund generally will invest at least 80 percent of its total assets in the components that comprise the index. Fundamental Hi-Yld is traded on NYSEARCA Exchange in the United States. More on Invesco Fundamental High
Moving together with Invesco Etf
Invesco Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Name | Powershares Fundamental High Yield Corporate Bond Portfolio |
| Business Concentration | High Yield ETFs, Corporate ETFs, High Yield Bond, Invesco (View all Sectors) |
| Issuer | Invesco |
| Inception Date | 2007-11-15 |
| Benchmark | RAFI Bonds U.S. High Yield 1-10 Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 413.91 Million |
| Average Trading Valume | 94,144.7 |
| Asset Type | Fixed Income |
| Category | Corporate |
| Focus | High Yield |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | Invesco Capital Management LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Invesco Distributors, Inc. |
| Portfolio Manager | Peter Hubbard, Richard Ose, Gary Jones, Gregory Meisenger |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Aug |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 249 |
| Market Maker | Jane Street |
| Total Expense | 0.5 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | 5.88 |
| Name | Invesco Fundamental High Yield Corporate Bond ETF |
| Currency Code | USD |
| Open Figi | BBG000TWWN01 |
| In Threey Volatility | 7.98 |
| 1y Volatility | 5.85 |
| 200 Day M A | 18.1657 |
| 50 Day M A | 18.3788 |
| Code | PHB |
| Updated At | 25th of November 2024 |
| Currency Name | US Dollar |
Invesco Fundamental High [PHB] is traded in USA and was established 2007-11-15. The fund is classified under High Yield Bond category within Invesco family. The entity is thematically classified as High Yield ETFs. Invesco Fundamental High at this time have 694.24 M in assets. , while the total return for the last 3 years was 2.7%.
Check Invesco Fundamental Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Invesco Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Invesco Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Invesco Fundamental High Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Invesco Fundamental High Etf Constituents
| AGPXX | Invesco Short Term Investments | Money Market Fund | US Money Market Fund |
Invesco Fundamental Top Holders
| PSMC | PSMC | Etf | Allocation--15% to 30% Equity | |
| LZHYX | Lazard Corporate Income | Mutual Fund | High Yield Bond | |
| LZHOX | Lazard Corporate Income | Mutual Fund | High Yield Bond | |
| ILAAX | Invesco Income Allocation | Mutual Fund | Allocation--30% to 50% Equity | |
| PXCIX | Invesco Select Risk | Mutual Fund | Allocation--30% to 50% Equity | |
| OCCIX | Oppenheimer Cnsrvtv Invstr | Mutual Fund | Allocation--30% to 50% Equity | |
| OYCIX | Oppenhemier Cnsrvtv Invstr | Mutual Fund | Allocation--30% to 50% Equity | |
| PSMM | PSMM | Etf | Allocation--30% to 50% Equity |
Invesco Fundamental High Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Invesco Fundamental. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0263 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.52) |
Invesco Fundamental Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco Fundamental High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of Invesco Fundamental High is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco Fundamental's value that differs from its market value or its book value, called intrinsic value, which is Invesco Fundamental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco Fundamental's market value can be influenced by many factors that don't directly affect Invesco Fundamental's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco Fundamental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Fundamental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Fundamental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.