Key stats
About INVESCO 1-5 YR LDR INV GR CO BD IDX CAD UNITS
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Inception date
Jun 15, 2011
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
Invesco Canada Ltd.
The fund tracks an index that primarily invests in investment grade securities rated BBB or higher and that have a maturity of 1 to 5 years. Only securities issued by Canadian corporations are eligible for inclusion, as long as they meet credit rating and maturity requirements. Selected securities are then placed into five maturity buckets of 1-1.99 years, 2-2.99 years, 3-3.99 years 4-4.99 years, and 5-5.99 years, and are equally weighted within their buckets. On each annual rebalancing, the bonds from each maturity roll out to the next lower bucket. Bonds with a remaining maturity of less than one year are sold, with the proceeds being used to invest in the longest maturity bucket.
Related funds
Classification
What's in the fund
Exposure type
Corporate
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PSB trades at 18.04 CAD today, its price has risen 0.17% in the past 24 hours. Track more dynamics on PSB price chart.
PSB net asset value is 17.98 today — it's risen 0.10% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
PSB assets under management is 574.33 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
PSB price has risen by 0.28% over the last month, and its yearly performance shows a 3.98% increase. See more dynamics on PSB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.10% over the last month, showed a 0.65% increase in three-month performance and has increased by 6.78% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.10% over the last month, showed a 0.65% increase in three-month performance and has increased by 6.78% in a year.
PSB fund flows account for 194.57 M CAD (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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PSB invests in bonds. See more details in our Analysis section.
PSB expense ratio is 0.27%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, PSB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, PSB technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PSB shows the buy signal. See more of PSB technicals for a more comprehensive analysis.
Today, PSB technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PSB shows the buy signal. See more of PSB technicals for a more comprehensive analysis.
Yes, PSB pays dividends to its holders with the dividend yield of 3.13%.
PSB trades at a premium (0.19%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
PSB shares are issued by Invesco Ltd.
PSB follows the FTSE Canada Investment Grade 1-5 Year Laddered Corporate Bond Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 15, 2011.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.