PFIG
Invesco Fundamental Investment Grade Corporate Bond ETFPFIG Fund Description
PFIG tracks an index of investment-grade corporate bonds available in US markets. Issues are selected and weighted using financial statement metrics.
PFIG Factset Analytics Insight
PFIG selects and weights its bonds using four bottom-up fundamental metrics: sales, dividends, cash flow and return on assets. The thesis is simple: Don’t buy debt simply because an issuer has a lot of it (as value-weighted funds do); buy it because the issuer is on sound footing. PFIG holds the highest concentration of US corporate debt in its segment, with 99% of its portfolio allocated to US companies. In comparison, most of the other funds in the segment—along with our benchmark—allocate around 80%. If you’re wary of foreign debt, PFIG may be the fund for you. It overweights longer-term bonds, which drives up its weighted average maturity and duration, but without increasing its yield to maturity. PFIG charges one of the higher expense ratios in the segment—22 bps—and volatile tracking and trading drive round-trip costs up to nearly 80bps.
PFIG MSCI ESG Analytics Insight
Invesco Fundamental Investment Grade Corporate Bond ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.35 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 Fundamental Investment Grade Corporate Bond ETF ranks in the 47th percentile within its peer group and in the 77th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
PFIG Charts And Performance
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PFIG Portfolio Data
PFIG Index Data
PFIG Portfolio Management
PFIG Tax Exposures
PFIG Fund Structure
PFIG Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PFIG. PFIG is rated a N/A out of 5.
PFIG Tradability
PFIG Sector/Industry Breakdown
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PFIG Top 10 Holdings[View All]
PFIG Top 5 Countries
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PFIG Top 5 Currencies
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PFIG Performance Statistics
PFIG MSCI ESG Ratings
PFIG Holdings Statistics
PFIG Avg Life Maturity Distribution
PFIG OAS Breakdown
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Terms of Use
MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.