Invesco Emerging Markets Sovereign Debt ETFInvesco Emerging Markets Sovereign Debt ETFInvesco Emerging Markets Sovereign Debt ETF

Invesco Emerging Markets Sovereign Debt ETF

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Key stats


Assets under management (AUM)
‪1.23 B‬USD
Fund flows (1Y)
‪−204.11 M‬USD
Dividend yield (indicated)
6.14%
Discount/Premium to NAV
0.6%
Shares outstanding
‪58.60 M‬
Expense ratio
0.50%

About Invesco Emerging Markets Sovereign Debt ETF


Brand
Invesco
Home page
Inception date
Oct 11, 2007
Structure
Open-Ended Fund
Index tracked
DBIQ Emerging Markets Liquid Balanced Index
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
US46138E7849
PCY targets a USD-denominated emerging market sovereign debt with at least 3 years to maturity. Its underlying index imposes additional liquidity and relative value screens, setting it apart from other USD-denominated funds. It selects one to three securities from each eligible emerging market, maintaining geographic diversity but favoring those with longer maturities, effectively bearing additional interest rate risk for higher yield. Weights of all countries with two or more bonds included in the index have an equal weight, countries with one bond are allocated half this weight. In sum, PCY delivers alternative exposure USD-denominated with relative value screens in a broad package. The Fund and the index are rebalanced and reconstituted quarterly.

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

Classification


Asset Class
Fixed income
Category
Government, non-native currency
Focus
Broad credit
Niche
Broad maturities
Strategy
Technical
Geography
Emerging Markets
Weighting scheme
Tiered
Selection criteria
U.S. dollar - denominated
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Stock breakdown by region
28%6%12%12%21%18%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Summary
Neutral
SellBuy
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Summary
Neutral
SellBuy
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Summary
Neutral
SellBuy
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
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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.
PCY trades at 21.27 USD today, its price has risen 1.05% in the past 24 hours. Track more dynamics on PCY price chart.
PCY net asset value is 21.15 today — it's risen 2.61% 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.
PCY assets under management is ‪1.23 B‬ 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.
PCY price has risen by 2.75% over the last month, and its yearly performance shows a 0.95% increase. See more dynamics on PCY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.61% over the last month, showed a 7.68% increase in three-month performance and has increased by 7.51% in a year.
PCY fund flows account for ‪−204.11 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.
PCY invests in bonds. See more details in our Analysis section.
PCY expense ratio is 0.50%. 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, PCY 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, PCY technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PCY shows the buy signal. See more of PCY technicals for a more comprehensive analysis.
Yes, PCY pays dividends to its holders with the dividend yield of 6.14%.
PCY trades at a premium (0.55%).
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.
PCY shares are issued by Invesco Ltd.
PCY follows the DBIQ Emerging Markets Liquid Balanced Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 11, 2007.
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.