Key stats
About Invesco Fundamental High Yield Corporate Bond ETF
Home page
Inception date
Nov 15, 2007
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
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 (15 years and 510 years) that the index employs, which allow up to two bonds per issuer. The issues are weighted proportionally to a companys 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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate99.01%
Mutual fund0.93%
Cash0.06%
Stock breakdown by region
North America97.86%
Europe2.14%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PHB top holdings are Walgreens Boots Alliance, Inc. 3.45% 01-JUN-2026 and Albertsons Companies, Inc. 6.25% 15-MAR-2033, occupying 1.61% and 1.19% of the portfolio correspondingly.
PHB last dividends amounted to 0.08 USD. The month before, the issuer paid 0.08 USD in dividends, which shows a 0.51% decrease.
PHB assets under management is 347.81 M USD. It's risen 3.69% over the last month.
PHB fund flows account for −308.89 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, PHB pays dividends to its holders with the dividend yield of 5.80%. The last dividend (May 23, 2025) amounted to 0.08 USD. The dividends are paid monthly.
PHB shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Nov 15, 2007, and its management style is Passive.
PHB expense ratio is 0.50% meaning you'd have to pay 0.50% of your investment to help manage the fund.
PHB follows the RAFI Bonds US High Yield 1-10 Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PHB invests in bonds.
PHB price has risen by 1.22% over the last month, and its yearly performance shows a 1.16% increase. See more dynamics on PHB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.99% over the last month, showed a 1.79% increase in three-month performance and has increased by 7.38% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.99% over the last month, showed a 1.79% increase in three-month performance and has increased by 7.38% in a year.
PHB trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.