Invesco Global ex-US High Yield Corporate Bond ETFInvesco Global ex-US High Yield Corporate Bond ETFInvesco Global ex-US High Yield Corporate Bond ETF

Invesco Global ex-US High Yield Corporate Bond ETF

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Key stats


Assets under management (AUM)
‪189.55 M‬USD
Fund flows (1Y)
‪49.58 M‬USD
Dividend yield (indicated)
7.32%
Discount/Premium to NAV
−0.5%
Shares outstanding
‪9.50 M‬
Expense ratio
0.35%

About Invesco Global ex-US High Yield Corporate Bond ETF


Brand
Invesco
Home page
Inception date
Jun 20, 2013
Structure
Open-Ended Fund
Index tracked
ICE USD Global High Yield ex-US Issuers Constrained Index - Benchmark TR Gross
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
ISIN
US46138E6692
PGHY is a passively managed fund focusing on high-yield corporate bonds denominated in US dollars. It seeks global ex-US exposure through bonds issued by non-US corporations operating in both the US domestic and Eurobond markets. Notably, there is no specified maturity limit for the bonds to qualify for inclusion. The index is structured as market-value-weighted, but individual issuers are capped at 2% to maintain diversification. In cases where the index comprises fewer than 50 issuers, each issuer is given equal weight to maintain diversification and balance within the fund. The index is rebalanced monthly. Prior to August 28, 2023, the fund was named Invesco Global Short Term High Yield Bond ETF and tracked the DB Global Short Maturity High Yield Bond Index.

Broaden your horizons with more funds linked to PGHY via country, focus, and more.

Classification


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
High yield
Niche
Broad maturities
Strategy
Vanilla
Geography
Global Ex-U.S.
Weighting scheme
Market value
Selection criteria
U.S. dollar - denominated
What's in the fund
Exposure type
StocksBonds, Cash & Other
Corporate
Stock breakdown by region
1%11%28%34%3%3%16%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PGHY trades at 19.77 USD today, its price has fallen −0.45% in the past 24 hours. Track more dynamics on PGHY price chart.
PGHY net asset value is 19.86 today — it's fallen 0.74% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
PGHY assets under management is ‪189.55 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
PGHY price has fallen by −2.03% over the last month, and its yearly performance shows a −1.84% decrease. See more dynamics on PGHY price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.74% over the last month, showed a 1.77% increase in three-month performance and has increased by 6.40% in a year.
PGHY fund flows account for ‪49.58 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PGHY invests in bonds. See more details in our Analysis section.
PGHY expense ratio is 0.35%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, PGHY isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, PGHY technical analysis shows the strong sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PGHY shows the sell signal. See more of PGHY technicals for a more comprehensive analysis.
Yes, PGHY pays dividends to its holders with the dividend yield of 7.32%.
PGHY trades at a premium (0.46%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
PGHY shares are issued by Invesco Ltd.
PGHY follows the ICE USD Global High Yield ex-US Issuers Constrained Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 20, 2013.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.