Innovative income solutions

Many ETFs track indexes that weight holdings according to market capitalization or the amount of debt outstanding. The result of this approach can be exposure to the most indebted issuers. While these traditional indexes are useful benchmarks, they were never intended as investment strategies. Invesco ETF income solutions offer a different way to think about fixed income allocation by going beyond the benchmark.

A diversified line-up offering income exposure across asset classes

Invesco ETF income solutions offer access to a full spectrum of asset classes with varying current income potential. Our smart beta ETFs include dividend securities, as well as investment-grade and high yield credits with a wide range of maturities. Certain products are also positioned to potentially benefit from rising interest rates and offer low correlation to traditional bond portfolios.

As of 11/14/2018 unless otherwise stated. Modified duration as of 11/09/2018

Performance quoted is past performance and cannot guarantee comparable future results; current performance may be lower or higher. Investment return and principal value will vary so that you may have a gain or a loss when you sell shares. If applicable the shares performance reflects fee waivers, absent which, performance would have been lower. To view standardized performance including most recent month end click on the explore more button.

Invesco income allocations

As financial advisors increasingly seek ideas for building portfolios, the ETF Product Strategy Team developed four hypothetical allocations as a guide to help create income allocations for clients. Utilizing Invesco income ETFs, the globally diversified income allocations offer different maturities, distributions and a wide range of risk/reward profiles. Each allocation provides access to developed and emerging markets, and includes both fixed income and dividend securities. As is true with any portfolio, it's important to note that asset allocation or diversification does not guarantee a profit or eliminate the risk of loss.

Low Duration, High Income

Structured to offer the potential for high current income and low interest rate risk. Learn more about this allocation's methodology.

Allocation description

Investment-grade credits with ancillary high yield exposure.

  • Potential to benefit from rising interest rates, with roughly half of portfolio comprising floating rate instruments and senior bank loans
  • Low weighted average duration

Allocation risk profile

For illustrative purposes only

Portfolio Asset Type Allocation

Allocation details

Allocation details

Weighted SEC 30-day yield 4.63%
Weighted SEC 30-day unsubsidized yield 4.63%
Weighted distribution yield 4.35%
Weighted modified duration 1.75 years

as of 10/31/2018

Allocation holdings' details

Ticker Name SEC 30 Day Yield1 Unsubsidized 30 Day Yield2 Distribution Rate3 Effective Duration4 (Yrs)
PGHY Invesco Global Short Term High Yield Bond ETF 7.43% 7.43% 5.68% 1.21
BKLN Invesco Senior Loan ETF 4.53% 4.50% 4.19% 0.00
VRP Invesco Variable Rate Preferred ETF 4.37% 4.37% 5.11% 3.47
LDRI Invesco LadderRite 0-5 Year Corporate Bond ETF 3.22% 3.22% 2.45% 2.16

Intermediate Duration, High Income

Structured to offer high current income potential, with interest rate risk consistent with the Barclays Intermediate Bond Index. Learn more about this allocation's methodology.

Allocation description

Investment-grade credits with ancillary high yield exposure.

  • Potential to benefit from rising interest rates, with nearly half of portfolio comprising floating rate instruments and senior bank loans
  • Intermediate-level weighted average duration

Allocation risk profile

For illustrative purposes only

Portfolio Asset Type Allocation

Allocation details

Allocation details

Weighted SEC 30-day yield 4.44%
Weighted SEC 30-day unsubsidized yield 4.44%
Weighted distribution yield 4.42%
Weighted modified duration 3.54 years

as of 10/31/2018

Allocation holdings' details

Ticker Name SEC 30 Day Yield1 Unsubsidized 30 Day Yield2 Distribution Rate3 Effective Duration4 (Yrs)
PGHY Invesco Global Short Term High Yield Bond ETF 7.43% 7.43% 5.68% 1.21
BKLN Invesco Senior Loan ETF 4.53% 4.50% 4.19% 0.00
VRP Invesco Variable Rate Preferred ETF 4.37% 4.37% 5.11% 3.47
LDRI Invesco LadderRite 0-5 Year Corporate Bond ETF 3.22% 3.22% 2.45% 2.16
BAB Invesco Taxable Municipal Bond ETF 4.08% 4.08% 4.35% 7.86

Aggregate Duration, High Income

Structured to offer high current income potential, with interest rate risk consistent with the Barclays Aggregate Bond Index. Learn more about this allocation's methodology.

Allocation description

Investment-grade credits with limited high yield exposure.

  • Potential to benefit from rising interest rates through floating rate instruments
  • Higher weighted average duration

Allocation risk profile

For illustrative purposes only

Portfolio Asset Type Allocation

Allocation details

Allocation details

Weighted SEC 30-day yield 4.41%
Weighted SEC 30-day unsubsidized yield 4.41%
Weighted distribution yield 4.26%
Weighted modified duration 5.27 years

as of 10/31/2018

Allocation holdings' details

Ticker Name SEC 30 Day Yield1 Unsubsidized 30 Day Yield2 Distribution Rate3 Effective Duration4 (Yrs)
PGHY Invesco Global Short Term High Yield Bond ETF 7.43% 7.43% 5.68% 1.21
BKLN Invesco Senior Loan ETF 4.53% 4.50% 4.19% 0.00
VRP Invesco Variable Rate Preferred ETF 4.37% 4.37% 5.11% 3.47
LDRI Invesco LadderRite 0-5 Year Corporate Bond ETF 3.22% 3.22% 2.45% 2.16
BAB Invesco Taxable Municipal Bond ETF 4.08% 4.08% 4.35% 7.86
PLW Invesco 1-30 Laddered Treasury ETF 2.94% 2.94% 2.34% 10.42
PCY Invesco Emerging Markets Sovereign Debt ETF 5.82% 5.82% 5.18% 9.08

Diversified High Income

Structured to offer high current income potential and credit diversification across asset classes. Learn more about this allocation's methodology.

Allocation description

Investment-grade credits and ancillary high yield exposure.

  • Potential to benefit from rising interest rates through floating rate instruments
  • Broad credit diversification
  • Lower weighted average duration

Allocation risk profile

For illustrative purposes only

Portfolio Asset Type Allocation

Allocation details

Allocation details

Weighted SEC 30-day yield 5.51%
Weighted SEC 30-day unsubsidized yield 5.51%
Weighted distribution yield 5.16%
Weighted modified duration N/A

as of 10/31/2018

Allocation holdings' details

Ticker Name SEC 30 Day Yield1 Unsubsidized 30 Day Yield2 Distribution Rate3 Effective Duration4 (Yrs)
SPHD Invesco S&P 500® High Dividend Low Volatility ETF 4.24% 4.24% 4.06% N/A
KBWD Invesco KBW High Dividend Yield Financial ETF 9.27% 9.27% 7.65% N/A
PGHY Invesco Global Short Term High Yield Bond ETF 7.43% 7.43% 5.68% 1.21
LDRI Invesco LadderRite 0-5 Year Corporate Bond ETF 3.22% 3.22% 2.45% 2.16
BKLN Invesco Senior Loan ETF 4.53% 4.50% 4.19% 0.00
PCY Invesco Emerging Markets Sovereign Debt ETF 5.82% 5.82% 5.18% 9.08
BAB Invesco Taxable Municipal Bond ETF 4.08% 4.08% 4.35% 7.86
PCEF Invesco CEF Income Composite ETF 7.47% 7.47% 7.81% N/A
VRP Invesco Variable Rate Preferred ETF 4.37% 4.37% 5.11% 3.47

As of 11/14/2018 unless otherwise stated. Effective duration as of 11/09/2018

Performance quoted is past performance and cannot guarantee comparable future results; current performance may be lower or higher. Investment return and principal value will vary so that you may have a gain or a loss when you sell shares. If applicable the shares performance reflects fee waivers, absent which, performance would have been lower. To view standardized performance including most recent month end click on the fund name.

Income ETFs

Alternative

Click a product name for current quarterly performance
Ticker Product Name Distribution Rate5 SEC 30 Day1 Distribution Frequency
PCEF Invesco CEF Income Composite ETF 7.81% 7.47% Monthly

Equity Income

Click a product name for current quarterly performance
Ticker Product Name Distribution Rate5 SEC 30 Day1 Distribution Frequency
KBWD Invesco KBW High Dividend Yield Financial ETF 7.65% 9.27% Monthly
KBWY Invesco KBW Premium Yield Equity REIT ETF 6.79% 8.33% Monthly
LVL Invesco S&P Global Dividend Opportunities Index ETF 5.55% 3.35% Quarterly
PID Invesco International Dividend Achievers™ ETF 5.41% 3.41% Quarterly
CVY Invesco Zacks Multi-Asset Income ETF 4.72% 5.27% Quarterly
XSHD Invesco S&P SmallCap High Dividend Low Volatility ETF 4.66% 5.67% Monthly
SPHD Invesco S&P 500® High Dividend Low Volatility ETF 4.06% 4.24% Monthly
IDHD Invesco S&P International Developed High Dividend Low Volatility ETF 4.02% 4.68% Quarterly
PEY Invesco High Yield Equity Dividend Achievers™ ETF 3.95% 3.88% Monthly
WREI Invesco Wilshire US REIT ETF 3.79% 3.62% Quarterly
HGI Invesco Zacks International Multi-Asset Income ETF 3.58% 4.26% Quarterly
DJD Invesco Dow Jones Industrial Average Dividend ETF 2.62% 2.81% Quarterly
PFM Invesco Dividend Achievers™ ETF 2.21% 2.36% Quarterly
PKW Invesco BuyBack Achievers™ ETF 1.23% 1.10% Monthly

High Yield Corporate - Bank Loans

Click a product name for current quarterly performance
Ticker Product Name Distribution Rate5 SEC 30 Day1 Distribution Frequency
PGHY Invesco Global Short Term High Yield Bond ETF 5.68% 7.43% Monthly
PHB Invesco Fundamental High Yield® Corporate Bond ETF 4.22% 5.07% Monthly
BKLN Invesco Senior Loan ETF 4.19% 4.53% Monthly

International

Click a product name for current quarterly performance
Ticker Product Name Distribution Rate5 SEC 30 Day1 Distribution Frequency
PCY Invesco Emerging Markets Sovereign Debt ETF 5.18% 5.82% Monthly
DSUM Invesco Chinese Yuan Dim Sum Bond ETF 4.48% 5.50% Monthly
PICB Invesco International Corporate Bond ETF 1.80% 1.48% Monthly

Investment Grade Corporate

Click a product name for current quarterly performance
Ticker Product Name Distribution Rate5 SEC 30 Day1 Distribution Frequency
GTO Invesco Total Return Bond ETF 3.36% 3.78% Monthly
VRIG Invesco Variable Rate Investment Grade ETF 3.09% 2.97% Monthly
PFIG Invesco Fundamental Investment Grade Corporate Bond ETF 3.02% 3.67% Monthly
LDRI Invesco LadderRite 0-5 Year Corporate Bond ETF 2.45% 3.22% Monthly
GSY Invesco Ultra Short Duration ETF 2.25% 2.61% Monthly

Multi-Asset

Click a product name for current quarterly performance
Ticker Product Name Distribution Rate5 SEC 30 Day1 Distribution Frequency
DWIN Invesco DWA Tactical Multi-Asset Income ETF 4.85% 5.16% Monthly

Municipals - Government

Click a product name for current quarterly performance
Ticker Product Name Distribution Rate5 SEC 30 Day1 Distribution Frequency
BAB Invesco Taxable Municipal Bond ETF 4.35% 4.08% Monthly
PZA Invesco National AMT-Free Municipal Bond ETF 3.34% 3.06% Monthly
PZT Invesco New York AMT-Free Municipal Bond ETF 2.93% 3.00% Monthly
PWZ Invesco California AMT-Free Municipal Bond ETF 2.66% 2.79% Monthly
PLW Invesco 1-30 Laddered Treasury ETF 2.34% 2.94% Monthly
CLTL Invesco Treasury Collateral ETF 1.77% 2.24% Annually
PVI Invesco VRDO Tax-Free Weekly ETF 1.15% 1.31% Monthly

Preferreds

Click a product name for current quarterly performance
Ticker Product Name Distribution Rate5 SEC 30 Day1 Distribution Frequency
PGX Invesco Preferred ETF 5.75% 5.75% Monthly
PGF Invesco Financial Preferred ETF 5.38% 5.48% Monthly
VRP Invesco Variable Rate Preferred ETF 5.11% 4.37% Monthly

Performance quoted is past performance and cannot guarantee comparable future results; current performance may be lower or higher. Investment return and principal value will vary so that you may have a gain or a loss when you sell shares. If applicable the shares performance reflects fee waivers, absent which, performance would have been lower. To view standardized performance including most recent month end click on the fund name.

1 A standard yield calculation developed by the Securities and Exchange Commission that allows for a common ground comparison of yield performance. It is based on the most recent 30-day period. It is calculated by dividing the net investment income (less expenses) per share over a 30-day period by the current maximum offering price.

2 N/A indicates that during the 30-day period shown, Fund costs did not exceed the expense cap as outlined in the prospectus and the Adviser did not waive any fees in accordance with the Fee Waiver and Expense Assumption Agreement. Please see current prospectus for more information. Reflects the 30-day yield if the investment adviser were not waiving all or part of its fee or reimbursing the fund for part of its expenses. Total return would have also been lower in the absence of these temporary reimbursements or waivers.

3 The sum of a fund's total trailing 12-month interest and dividend payments divided by the last month's ending share price (NAV) plus any capital gains distributed over the same period.

4 A measure of the price sensitivity of a financial instrument to changes in interest rates, expressed in years and calculated as the time-weighted present value of cash flows.

5 Distribution rate: The rate represents a single distribution from the fund and does not represent the total return of the fund. The rate is calculated by annualizing the most recent distribution and dividing by the fund NAV from the as of date. N/A will be displayed if the fund did not make a distribution in the most recent quarter.

The information provided here is for informational purposes only and is not to be construed as investment advice or a recommendation of a particular strategy or product. This is not to be construed as an offer to buy or sell any financial instruments. The Invesco Income Allocations are not managed or distributed by Invesco nor do they represent any actual account, or the results of any actual trading. Only a financial advisor knows enough about their clients’ circumstances to make an investment decision. These allocations must be implemented by a financial advisor.

General ETF Risk Information
Correlation is the degree to which two investments have historically moved in relation to each other. Lower levels of correlation generally indicate potential diversification benefits.

There are risks involved with investing in ETFs, including possible loss of money. Index-based ETFs are not actively managed. Actively managed ETFs do not necessarily seek to replicate the performance of a specified index. Both Index-based and Actively managed ETFs are subject to risks similar to stocks, including those related to short selling and margin maintenance. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Underlying Index.

Different types of investments involve varying degrees of risk and there can be no assurance that any specific investment will either be suitable or profitable for an investor's investment portfolio. The investment strategy of the funds referenced may include investments in equity securities, foreign securities, small and medium sized companies, as well as concentrations in one specific industry or sector, all of which may increase the risk and volatility of the funds. Fixed income investments are subject to credit risk of the issuer and the effects of changing interest rates. The ETFs listed are subject to certain other risks. Please see the current prospectus for more information regarding the risks associated with an investment in the Funds.

The Barclays U.S. Aggregate Index is an unmanaged index considered representative of the U.S. investment-grade, fixed-rate bond market.

The Bloomberg Barclays Intermediate Aggregate Bond Index is an unmanaged index that consists of 1-10 year governments, 1-10 year corporates, all mortgages, and all asset-backed securities within the Aggregate Index.