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+.

PERFORMANCE [as of 03/24/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PHB 0.40% 0.23% 1.11% -2.71% 6.93% 2.48% 2.99%
PHB (NAV) 0.38% -0.24% 1.31% -3.63% 1.63% 2.18% 2.95%
ICE BofA 5-8 Year BB US High Yield Index 0.95% 0.76% 1.83% -3.21% 7.26% 3.26% 4.01%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

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

Invesco
11/15/07
0.50%
$567.34M
ICE BofA 5-8 Year BB US High Yield Index
Open-Ended Fund

Peers

ICE BofA 5-8 Year BB US High Yield Index
N/A

Fund Flows

-$0.11B 5 Days
-$0.15B 30 Days
-$0.18B 90 Days

PHB Portfolio Data

3.78
--
7.01%
N/A
--

PHB Index Data

Fundamental
Fundamental
ICE BofA 5-8 Year BB US High Yield Index

PHB Portfolio Management

0.50%
-0.46%
-0.23%
-0.93%

PHB Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

PHB Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 03/27/23

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

281,542
$4.88M
163,822
$2.80M
0.06%
$0.01
0.10%
1.36% / -1.45%
None
100.00%
100,000
1.64
0.03%
--
18
$17.14
N/A

PHB Sector/Industry Breakdown

PHB Segment
Benchmark
22.86% --
10.13% --
7.28% --
6.86% --
6.58% --
6.08% --
5.68% --
5.24% --
4.86% --
4.23% --

PHB Top 10 Holdings

2.17%
1.96%
1.78%
1.63%
1.45%
1.42%
1.41%
1.41%
1.40%
1.39%
16.01%

PHB Performance Statistics

--
--
--
--
--

PHB Top 5 Countries

PHB Segment
Benchmark
98.68% --
1.32% --

PHB Top 5 Currencies

PHB Segment
Benchmark
98.68% --
1.32% --

PHB Avg Life Maturity Distribution

3.22%
9.58%
17.32%
23.99%
26.82%
18.50%
0.56%
--
--

PHB OAS Breakdown

2.50%
34.36%
40.17%
12.69%
6.47%
1.28%
0.52%
--
--
--
2.01%

PHB Holdings Statistics

4.73 years
3.78
7.01%
3.78
--
--
2.62%