No press releases found.
The U.S. dollar and equities are some of the worst performing assets YTD
Seeking Alpha News (Fri, 28-Feb 2:14 PM ET)
Bonds continue to see inflows, BofA clients are still skeptical
Seeking Alpha News (Fri, 28-Feb 9:35 AM ET)
Invesco Fundamental High Yield Corporate Bond ETF declares monthly distribution of $0.0860
Seeking Alpha News (Wed, 26-Feb 9:37 AM ET)
The Invesco Fundamental High Yield Corporate Bond ETF (Fund) is based on the RAFI Bonds US High Yield 1-10 Index (Index). The Fund will normally invest at least 80% of its total assets in high-yield corporate bonds that comprise the Index. The Index is comprised of US dollar-denominated bonds that are registered with the SEC or that are Rule 144A securities that provide for registration rights and whose issuers are public companies listed on a major US stock exchange. Only investible non-convertible, non-exchangeable, non-zero, fixed coupon high-yield corporate bonds qualify for inclusion in the Index. Based on the Fundamental Index methodology developed by Research Affiliates, LLC, the Index is compiled and calculated by ALM Research Solutions, LLC. The Fund and the Index are rebalanced monthly and reconstituted annually in March.
Invesco Fundamental High Yield Corporate Bond ETF trades on the ARCA stock market under the symbol PHB.
As of March 3, 2025, PHB stock price declined to $18.30 with 79,003 million shares trading.
PHB has a beta of 0.20, meaning it tends to be less sensitive to market movements. PHB has a correlation of 0.44 to the broad based SPY ETF.
PHB has a market cap of $333.06 million. This is considered a Small Cap stock.
In the last 3 years, PHB traded as high as $18.70 and as low as $16.35.
PHB has underperformed the market in the last year with a return of +6.7%, while SPY returned +16.7%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in PHB shares. However, PHB has outperformed the market in the last 3 month and 2 week periods, returning +0.4% and +0.1%, while SPY returned -2.2% and -4.3%, respectively. This indicates PHB has been having a stronger performance recently.
PHB support price is $18.27 and resistance is $18.35 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PHB shares will trade within this expected range on the day.