PHB

📎 Investment Objective

The Invesco Fundamental High Yield Corporate Bond ETF (PHB) seeks to track the investment results of an index that is designed to provide exposure to high-yield corporate bonds.

✨ Key Features

• Provides exposure to a diversified portfolio of high-yield corporate bonds
• Tracks an index that weights bonds based on fundamental factors rather than market capitalization
• Low expense ratio of 0.00%
• Suitable for investors seeking high-yield fixed income exposure

⚠️ Primary Risks

• High-yield bonds are subject to greater credit and default risk compared to investment-grade bonds
• Interest rate risk as bond prices may decline when interest rates rise
• Liquidity risk as high-yield bonds may be less liquid than investment-grade bonds
• Concentration risk as the fund is focused on the high-yield corporate bond market

👤 Best For

The Invesco Fundamental High Yield Corporate Bond ETF may be suitable for investors seeking exposure to the high-yield corporate bond market as part of a diversified fixed income allocation. Investors should have a higher risk tolerance and a longer-term investment horizon to withstand the volatility associated with high-yield bonds.