Fund Description |
The Invesco Investment Grade Defensive ETF (Fund) is based on the Invesco Investment Grade Defensive Index (Index). The Fund generally will invest at least 80% of its total assets in securities that comprise the Index, which is designed to provide exposure to U.S. investment grade bonds with relatively higher-quality characteristics, including higher credit ratings and shorter maturities. All eligible bonds are assigned a quality score, which is calculated based on the bond s maturity and credit rating. The Fund does not purchase all the securities in the Index; instead, it utilizes a sampling methodology to seek to achieve its investment objective. The Fund and the index are rebalanced monthly. |
Fund Profile |
Fund Name |
Invesco Investment Grade Defensive ETF |
Fund Exchange Ticker |
IIGD |
Fund Sponsor |
Invesco |
Fund ISIN |
US46139W5022 |
Net Expense Ratio |
0.13 % |
Fund Inception Date |
25 July 2018 |
Fund Legal Structure |
ETF (Open end fund) |
Exchange |
NYSE Arca |
Listing Country Code |
US |
Fund Investment Objective |
ETF Type Specific |
Bonds - Corporate |
Asset Class |
Bonds |
Index Linked |
Passive |
Index Name |
Invesco Investment Grade Defensive Index |
Index Provider |
Invesco Indexing |
Currency Hedged |
No |
Inverse / Leveraged |
Not Applicable |
Developed / Emerging |
Developed Market Funds |
Bond Type |
Corporate |
Credit Quality |
Investment Grade Only |
Average Maturity |
Intermediate (3-10) years |
Bond Currency Denomination |
USD |
Key Statistics |
Return As of Date |
9 August 2022 |
Asset Under Management |
57.58 Million (USD) |
1 Month Total Return |
0.56 % |
Year To Date Return |
-6.06 % |
1 Year Total Return |
-7.00 % |
3 Year Annualized Total Return |
-0.19 % |
NAV |
24.504 |
Share Outstanding |
2,350,000 |