PGHY
Invesco Global ex-US High Yield Corporate Bond ETF
📎 Investment Objective
The Invesco Global ex-US High Yield Corporate Bond ETF (PGHY) seeks to provide investment results that correspond generally to the performance of the S&P Developed ex-U.S. High Yield Corporate Bond Index.
Overview
ETF tracking Invesco Global ex-US High Yield Corporate Bond ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Invesco Global ex-US High Yield Corporate Bond ETF (PGHY) seeks to provide investment results that correspond generally to the performance of the S&P Developed ex-U.S. High Yield Corporate Bond Index.
🎯 Investment Strategy
The ETF invests primarily in high-yield, non-investment grade corporate bonds issued by companies domiciled outside the United States. The fund seeks to replicate the performance of the underlying index by holding the same securities in similar proportions.
✨ Key Features
- Provides exposure to high-yield corporate bonds issued by non-U.S. companies
- Diversified portfolio across various sectors and issuers outside the U.S.
- Passively managed to track the performance of the S&P Developed ex-U.S. High Yield Corporate Bond Index
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Credit risk: The fund is exposed to the risk of default or downgrade of the underlying high-yield bonds
- Interest rate risk: Bond prices may decline as interest rates rise
- Currency risk: The fund is subject to fluctuations in foreign exchange rates
- Liquidity risk: High-yield bonds may have lower liquidity compared to investment-grade bonds
👤 Best For
This ETF may be suitable for investors seeking exposure to non-U.S. high-yield corporate bonds as part of a diversified fixed-income portfolio. Investors should have a higher risk tolerance and a longer-term investment horizon to accommodate the potential volatility associated with high-yield bonds.
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