PHB Invesco Fundamental High Yield Corporate Bond ETF
What is PHB?
PHB tracks a fundamental-weighted index of high-yield US corporate bonds that must be rated between B3/B- and Ba1/BB+.
PHB Factset Analytics Insight
PHB invests in high-yield corporate bonds rated at Ba1/BB+ or lower but not below B3/B- by Moody's or S&P. The starting universe begins with all US-based publicly traded corporations that are scored by RAFI using four fundamental factors: book value of assets, gross sales, gross dividends, and cash flow. Only companies with positive scores are selected. There are two distinct maturity cells (1—5 years and 5—10 years) that the index employs, which allow up to two bonds per issuer. The issues are weighted proportionally to a company’s RAFI score. The RAFI-patented fundamental weighting scheme normally results in overweighting of higher-quality bonds. The index is reconstituted monthly and rebalanced annually for new RAFI scores.
PHB Summary Data
Peers
Fund Flows
PHB Portfolio Data
PHB Index Data
PHB Portfolio Management
PHB Tax Exposures
PHB Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PHB. PHB is rated a N/A out of 5.
PHB Tradability
PHB Sector/Industry Breakdown
Benchmark
PHB Top 10 Holdings
PHB Performance Statistics
PHB Top 5 Countries
Benchmark
PHB Top 5 Currencies
Benchmark
PHB Avg Life Maturity Distribution
PHB OAS Breakdown
PHB Holdings Statistics
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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.