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

Overview

The company operates within the financial sector, specifically focusing on investment opportunities that target assets undervalued by traditional investment measures. It is structured as a fund that dedicates a significant portion of its assets, at least 80%, towards investments in components that make up the underlying index it tracks. This underlying index is distinctively built on U.S. dollar-denominated, below investment grade corporate debt. The securities included are publicly issued in both the U.S. domestic market and the eurobond market, exclusively by issuers based outside of the United States. This investment strategy highlights the company's focus on uncovering value in high-yield corporate debt markets, where issuers are typically considered to have a higher risk of default than those rated as investment-grade. By targeting non-U.S. issuers, the company also diversifies its investment approach geographically, engaging with a global landscape of corporate debt opportunities.

Products and Services

The firm's offerings are centered on investment vehicles that provide exposure to niche markets within the global fixed income spectrum. These products and services are designed to appeal to investors seeking higher yields than what is generally available through investments in securities rated as investment grade, albeit with a corresponding increase in risk.

• High-Yield Corporate Debt Investment Funds:
  

  These funds are dedicated to investing in high-yield, below-investment-grade corporate debt. By focusing on debt securities issued by non-U.S. corporations, these funds offer investors a unique opportunity to diversify their portfolios by tapping into potentially higher-yielding assets from various international markets. The selection of securities is guided by the composition of the underlying index, ensuring a diversified and strategically balanced high-yield portfolio.

• U.S. Dollar-Denominated Debt Instruments:
  

  Aiming specifically at U.S. dollar-denominated securities, the company's products include investments that mitigate the currency risk for U.S. investors. This focus on dollar-denominated assets provides a safeguard against currency fluctuations, making these investments more appealing to investors looking for stable, high-yield opportunities without the added complexity of managing currency risk.