Invesco Fundamental High Yield Corporate Bond (PHB) ETF Holdings & Analysis

What PHB does

The Invesco Fundamental High Yield Corporate Bond ETF (the Fund) aims to mirror the performance of the RAFI Bonds US High Yield 1-10 Index (the Index). As a core strategy, the Fund typically commits at least 80% of its overall assets to the securities constituting this Index. The underlying Index itself consists of high-yield corporate bonds, exclusively denominated in U.S. dollars. To be eligible, these bonds must be either SEC-registered, Section 3(a)(2), or Rule 144A securities under the Securities Act, and must be issued by public companies headquartered in the United States. Furthermore, only investable, non-convertible, non-exchangeable, fixed-rate high-yield corporate bonds with a positive coupon are admitted into the Index. ALM Research Solutions, LLC manages the compilation and calculation of the Index, which is founded on the Fundamental Index methodology created by Research Affiliates, LLC. Rather than acquiring every single security within the Index, the Fund adopts a 'sampling' methodology to achieve its investment objective. Both the Fund and the Index are subjected to monthly rebalancing, with an annual reconstitution occurring each March.

Fund profile

Top holdings

Sector allocation

Geographic allocation

PortView Portfolio Insights

PortView analyzes how PHB fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

Related securities

Related stocks

Frequently asked questions

What does PHB track?

PHB is the Invesco Fundamental High Yield Corporate Bond ETF, a Other ETF.

What is the expense ratio of PHB?

Expense ratio data for PHB is shown on the page when available from our data provider.

What are the largest holdings in PHB?

Top holdings include Vodafone Group PLC 7.00% 04/04/2079, GFL Environmental Inc 6.75% 01/15/2031, Nissan Motor Co Ltd 4.81% 09/17/2030, Electronic Arts Inc 1.85% 02/15/2031, PacifiCorp 7.38% 09/15/2055.

How can PortView analyze PHB overlap with other ETFs?

PortView computes the holdings overlap between PHB and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.