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Invesco International Corporate Bond ETF PICB

Morningstar Medalist Rating
Medalist Rating as of | See Invesco Investment Hub

Morningstar’s Analysis PICB

Will PICB outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PICB’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PICB management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PICB’s parent organization’s priorities and whether they’re in line with investors’ interests.

An incline in its Process Pillar rating is the primary driver of Invesco International Corporate Bond ETF's upgrade to a Morningstar Medalist Rating of Bronze from Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PICB

More PICB Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 4.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

The Toronto-Dominion Bank 2.667%

0.66 812,098
Corporate

Royal Bank of Canada 3.369%

0.58 712,472
Corporate

Royal Bank of Canada 4.632%

0.56 688,576
Corporate

Bank of Montreal 4.309%

0.53 645,911
Corporate

The Toronto-Dominion Bank 4.21%

0.53 644,788
Corporate

NTT Finance Corp 0.18%

0.52 642,219
Corporate

Electricite de France SA 6.125%

0.52 630,645
Corporate

NTT Finance Corp 0.38%

0.51 624,946
Corporate

Bank of Montreal 4.709%

0.47 580,787
Corporate

Electricite de France SA 6%

0.47 572,168
Corporate