GSY

Invesco Ultra Short Duration ETF

$50.31

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Invesco Ultra Short Duration ETF (GSY) seeks to provide current income while maintaining a very short average portfolio duration.

Overview

ETF tracking Invesco Ultra Short Duration ETF

Category Inverse

Issuer Invesco

Inception Date 2018-04-09

Market Cap $2.9B

Average Volume N/A

Dividend Yield 3.84%

52-Week Range $49.98 - $50.37

VWAP $50.31

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Invesco Ultra Short Duration ETF (GSY) seeks to provide current income while maintaining a very short average portfolio duration.

🎯 Investment Strategy

The fund invests primarily in a portfolio of investment-grade fixed-income securities and money market instruments with a focus on maintaining a weighted average portfolio duration of less than one year. The fund may also invest in repurchase agreements and other cash equivalents to provide liquidity.

✨ Key Features

Focuses on ultra-short duration fixed-income securities to minimize interest rate risk
Aims to provide a higher yield than traditional money market funds while maintaining low volatility
Diversified portfolio of investment-grade bonds and cash equivalents
Actively managed to adapt to changing market conditions

⚠️ Primary Risks

Interest rate risk: The fund's value may decline if interest rates rise
Credit risk: The fund is exposed to the risk of default by the issuers of the underlying securities
Liquidity risk: The fund may have difficulty selling certain securities at an advantageous time and price
Active management risk: The fund's performance depends on the skill of the portfolio managers

👤 Best For

The Invesco Ultra Short Duration ETF may be suitable for investors seeking a low-risk, low-volatility fixed-income investment that can provide a higher yield than traditional cash holdings. It may be particularly attractive for investors with a short-term investment horizon or as a cash management tool within a diversified portfolio.