IIGVInvesco Investment Grade Value ETF
IIGV Fund Description
IIGV tracks an equal-weighted index of investment-grade US corporate bonds selected for value and quality factors.
IIGV Factset Analytics Insight
IIGV searches for value in the investment-grade corporate debt space. The fund selects from a pool of fixed-rate bonds with 2 to 10 years remaining to maturity. Eligible issues are assigned a value score based on option-adjusted spread, relative to other issues in the same sector with similar credit ratings. Each issues also receives a quality score, which is a function of credit rating and time to maturity (less time is better). These quality and value scores are combined, with the value score getting 90% weight. At inception, the fund held the top 40% of issues by score. New issues are added at each monthly rebalance if they rise into the top 30%, while existing issues are removed if they fall out of the top 50%. Holdings are weighted equally.
IIGV MSCI ESG Analytics Insight
Invesco Investment Grade Value ETF has an MSCI ESG Fund Rating of A based on a score of 6.78 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Invesco Investment Grade Value ETF ranks in the 45th percentile within its peer group and in the 48th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
IIGV Summary Data
IIGV Portfolio Data
IIGV Index Data
IIGV Portfolio Management
IIGV Tax Exposures
IIGV Fund Structure
IIGV Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of IIGV. IIGV is rated a N/A out of 5.
IIGV Sector/Industry Breakdown
IIGV Top 10 Holdings[View All]
IIGV Top 5 Countries
IIGV Top 5 Currencies