PFIG

Invesco Fundamental Investment Grade Corporate Bond ETF

$24.18

+0.00%

Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The Invesco Fundamental Investment Grade Corporate Bond ETF (PFIG) seeks to provide investment results that correspond generally to the performance of the NASDAQ Fundamental Investment Grade Corporate Bond Index.

Overview

ETF tracking Invesco Fundamental Investment Grade Corporate Bond ETF

Category Corporate Bonds

Issuer Invesco

Inception Date 2011-09-15

Market Cap $88.3M

Average Volume N/A

Dividend Yield 3.44%

52-Week Range $23.29 - $24.46

VWAP $24.23

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests primarily in investment-grade corporate bonds that are components of the underlying index. The index is designed to provide exposure to U.S. investment-grade corporate bonds based on fundamental factors such as cash flow, sales, and dividends.

✨ Key Features

Focuses on investment-grade corporate bonds
Uses a fundamentally-weighted index methodology
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Interest rate risk as bond prices may decline when interest rates rise
Credit risk if the financial condition of the bond issuers deteriorates
Limited diversification as the fund is focused on the corporate bond sector
Tracking error risk as the fund may not perfectly replicate the index performance

👤 Best For

This ETF may be suitable for investors seeking exposure to investment-grade corporate bonds as part of a diversified fixed income allocation. It may be of particular interest to those who prefer a fundamentally-weighted approach to bond investing. However, the limited performance history means it may not be appropriate for more risk-averse investors.