Invesco Global ex-US High Yield Corporate Bond ETF (PGHY) — ()

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ETFs to Play Amid Rising AI Bubble Concerns

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Sentiment: Negative ()

Amid rising AI bubble fears, ETFs like TAIL, HDGE, PGHY and XLV offer ways to hedge tech risks and diversify portfolios as tech valuations apparently run hot.

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About Invesco Global ex-US High Yield Corporate Bond ETF PGHY

The Invesco Global ex-US High Yield Corporate Bond ETF (Fund) is based on the ICE USD Global High Yield Excluding US Issuers Constrained Index (Index). The Fund generally will invest at least 80% of its total assets in the components that comprise the Index, all of which are denominated in US dollars. The Index is composed of U.S. dollar denominated below investment grade corporate debt publicly issued in the U.S. domestic and eurobond markets by non-U.S. issuers. The Fund does not purchase all of the securities in the Index; instead, the Fund utilizes a “sampling” methodology to seek to achieve its investment objective. The Fund and the Index are rebalanced on the last calendar day of each month.