High Yield Corporate Trust, 4-7 Year (HYCT0022)

Objective

The trust seeks to provide a high level of current income and to preserve capital. The trust invests in a portfolio of high-yield corporate bonds maturing approximately 4 to 7 years from the Date of Deposit.

as of 09/20/2019

Estimated Return Information1

Breakpoint Est. Current
Return (%)
Est. Long-Term
Return (%)
$1,000 6.12 5.66
Fee Based 6.24 6.11
Rollover 6.12 5.66
as of 09/20/2019

Estimated Distribution Information

Monthly CUSIP 42981J525
Est. Current Return1
Est. Long-Term Return1
Est. Annual Income3
6.12%
5.66%
$63.77
Accrued Interest
Est. Daily Rate of Accrual4
$2.48000
$0.17715
Beginning Interest Date
Est. Current Return as of Deposit Date1
Initial Distribution
Est. Normal Distribution (monthly)
Initial Record Date
Initial Payable Date
Aug 19, 2019
6.31%
$3.72000
$5.31417
Sep 10, 2019
Sep 25, 2019

Normal record dates and payable dates are the 10th and 25th calendar days monthly.

Fee Based CUSIP 42981J533
Est. Current Return1
Est. Long-Term Return1
Est. Annual Income3
6.24%
6.11%
$63.77
Accrued Interest
Est. Daily Rate of Accrual4
$2.48000
$0.17715
Beginning Interest Date
Est. Current Return as of Deposit Date1
Initial Distribution
Est. Normal Distribution (monthly)
Initial Record Date
Initial Payable Date
Aug 19, 2019
6.43%
$3.72000
$5.31417
Sep 10, 2019
Sep 25, 2019

Normal record dates and payable dates are the 10th and 25th calendar days monthly.

1Estimated current return (ECR) is based on the estimated annual income as a percentage of the current price of the units. Estimated long-term return (ELTR) is calculated using a formula which (1) takes into consideration and determines and factors in the relative weightings of the market values, yields (which takes into account the amortization of premiums and the accretion of discounts) and estimated retirement of all the bonds in the trust and (2) takes into account the expenses and sales charge associated with each trust unit. There can be no assurance that either the estimated current return or ELTR will be realized in the future and an investor's units, when redeemed, may be worth more or less than their original cost.

2The ELTR life represents the estimated life of the bonds in a Trust's portfolio determined for the purposes of calculating Estimated Long-Term Return.

3Estimated Annual Income Per Unit is as of close the most recent business day and is based on the estimated cash flows per unit. This amount will vary with changes in expenses, interest rates and the maturity, call or sale of bonds.

4Estimated Daily Rate of Accrual represents the annual interest from the securities within the portfolio divided by the number of days on which interest is calculated annually.

5Represents the principal amount of the underlying bonds per unit. Bonds may be sold to meet redemptions, to pay expenses, and in other limited circumstances. The sale of bonds will affect the principal amount of bonds included in the trust and as a result the principal amount of bonds per unit. There can be no assurance that a unitholder will receive this par value per unit in the future.

For Fixed-Income trusts, "S.F." indicates a sinking fund is established with respect to an issue of bonds.


The trust portfolio is provided for informational purposes only and should not be deemed as a recommendation to buy or sell the individual securities shown above.


About risk

There is no assurance the trust will achieve its investment objective. An investment in this unit investment trust is subject to market risk, which is the possibility that the market values of securities owned by the trust will decline and that the value of trust units may therefore be less than what you paid for them. This trust is unmanaged and its portfolio is not intended to change during the trust's life except in limited circumstances. Accordingly, you can lose money investing in this trust.

The value of the bonds will generally fall if interest rates, in general, rise. In a low interest rate environment risks associated with rising rates are heightened. The negative impact on fixed income securities from any interest rate increases could be swift and significant. No one can predict whether interest rates will rise or fall in the future.

During periods of market turbulence, corporate bonds may experience illiquidity and volatility. During such periods, there can be uncertainty in assessing the financial condition of an issuer. As a result, the ratings of the bonds in the Trust's portfolio may not accurately reflect an issuer's current financial condition, prospects, or the extent of the risks associated with investing in such issuer's securities.

Although the underlying securities in the portfolio are generally rated at or above the minimum credit quality as of the date of deposit, the ratings may change after inclusion in the trust.

The trust invests in bonds rated below investment grade and are considered to be "junk" bonds. Bonds rated below "BBB-" by Standard & Poor's and Fitch, or below "Baa3" by Moody's, are considered to be below investment grade. These bonds are considered to be speculative and are subject to greater market and credit risks. Accordingly, the risk of default is higher than with investment grade bonds. In addition, these bonds may be more sensitive to interest rate changes and may be more likely to make early returns of principal. The trust's price per unit, yield and return may fluctuate more than in a trust consisting of investment grade bonds.

Certain of the bonds in the trust’s portfolio are restricted securities that may be subject to enhanced liquidity risk. This is the risk that the value of a security will fall if trading in the security is limited or absent. Any bonds in the trust designated as "Rule 144A" securities are subject to resale restrictions. The value of trust units may decrease if there is a lack of a liquid market for these securities.

The Trust is concentrated in bonds of issuers in the materials sector. Issuers in the materials sector face risks such as commodity price volatility, exchange rates, import controls and increased competition. These issuers may be adversely affected by depletion of resources, technical progress, labor relations, and governmental regulations.

Securities of foreign issuers in the Trust present risks beyond those of U.S. issuers. These risks may include market and political factors related to an issuer's foreign market, international trade conditions, less regulation, smaller or less liquid markets, increased volatility, differing accounting practices and changes in the value of foreign currencies.

Invesco and its representatives do not provide tax advice. Individuals should consult their personal tax advisors before making any tax-related investment decisions.

A credit rating is an assessment provided by a nationally recognized statistical rating organization (NRSRO) of the creditworthiness of an issuer with respect to debt obligations, including specifi c securities, money market instruments or other debts. Ratings are measured on a scale that generally ranges from AAA/Aaa (highest) to D/C (lowest); ratings are subject to change without notice. For more information on Standard and Poor's rating methodology, please visit www.standardandpoors.com and select 'Understanding Ratings' under Rating Resources on the homepage or Moody's at www.moodys.com and select 'Rating Methodologies' under Research and Ratings on the homepage.

as of 09/20/2019
Bonds  Coupon Rate
(%) 
Maturity  S&P/Moody
Ratings1
Weighting
(%)
Albertsons Companies, Inc. 7.500 03/15/2026 BB-/B3 3.44
CUSIP: 013092AA9
Current Par: 250000
Original Par: 250000
Redemption Feature: 03/15/2022 @ 105.62
Altice Financing S.a. 7.500 05/15/2026 B+/B2 3.27
CUSIP: 02154CAE3
Current Par: 250000
Original Par: 250000
Redemption Feature: 05/15/2021 @ 103.75
Altice Luxembourg Sa 10.500 05/15/2027 B-/Caa1 1.38
CUSIP: 02156DAA7
Current Par: 100000
Original Par: 100000
Redemption Feature: 05/15/2022 @ 105.25
Amc Entertainment, Inc. 5.750 06/15/2025 CCC+/B3 2.34
CUSIP: 00165AAH1
Current Par: 200000
Original Par: 200000
Redemption Feature: 06/15/2020 @ 102.88
B&G Foods, Inc. 5.250 04/01/2025 B+/B2 1.25
CUSIP: 05508RAE6
Current Par: 100000
Original Par: 100000
Redemption Feature: 04/01/2020 @ 103.94
Bausch Health Americas, Inc. 9.250 04/01/2026 B-/B3 3.47
CUSIP: 91911XAV6
Current Par: 250000
Original Par: 250000
Redemption Feature: 04/01/2022 @ 104.62
Beazer Homes Usa, Inc. 6.750 03/15/2025 B-/B3 3.13
CUSIP: 07556QBM6
Current Par: 250000
Original Par: 250000
Redemption Feature: 03/15/2020 @ 105.06
Bombardier, Inc. 7.500 03/15/2025 B-/Caa1 3.07
CUSIP: 097751BM2
Current Par: 250000
Original Par: 250000
Redemption Feature: 03/15/2020 @ 103.75
Centurylink, Inc. 7.500 04/01/2024 B+/B2 1.36
CUSIP: 156700BA3
Current Par: 100000
Original Par: 100000
Redemption Feature: 01/01/2024 @ 100.0
Chs/Community Health Systems, Inc. 6.250 03/31/2023 B-/Caa1 3.06
CUSIP: 12543DAY6
Current Par: 250000
Original Par: 250000
Redemption Feature: 03/31/2020 @ 103.12
Cleveland-Cliffs, Inc. 5.750 03/01/2025 B+/B1 3.07
CUSIP: 18683KAM3
Current Par: 250000
Original Par: 250000
Redemption Feature: 03/01/2020 @ 104.31
Commscope Technologies Finance, Llc 6.000 06/15/2025 B-/B3 2.23
CUSIP: 20337YAA5
Current Par: 200000
Original Par: 200000
Redemption Feature: 06/15/2020 @ 103.0
Core & Main, Lp 6.125 08/15/2025 B-/Caa2 1.24
CUSIP: 14987KAA1
Current Par: 100000
Original Par: 100000
Redemption Feature: 08/15/2020 @ 103.06
Cumulus Media New Holdings, Inc. 6.750 07/01/2026 B/B2 3.21
CUSIP: 23110AAA4
Current Par: 250000
Original Par: 250000
Redemption Feature: 07/01/2022 @ 103.38
Dana Financing Luxembourg S.a.r.l. 5.750 04/15/2025 BB-/B2 3.15
CUSIP: 235822AB9
Current Par: 250000
Original Par: 250000
Redemption Feature: 04/15/2020 @ 104.31
Davita, Inc. 5.000 05/01/2025 B+/Ba3 3.10
CUSIP: 23918KAR9
Current Par: 250000
Original Par: 250000
Redemption Feature: 05/01/2020 @ 102.5
Dish Dbs Corporation 5.875 11/15/2024 B-/B1 3.03
CUSIP: 25470XAW5
Current Par: 250000
Original Par: 250000
Redemption Feature:
Eagle Intermediate Global Holding B.v. / Ruyi US Finance, Llc 7.500 05/01/2025 B-/B1 2.25
CUSIP: 26963PAA2
Current Par: 200000
Original Par: 200000
Redemption Feature: 05/01/2021 @ 105.63
First Quantum Minerals, Ltd. 7.500 04/01/2025 B-/Caa1 3.07
CUSIP: 335934AL9
Current Par: 250000
Original Par: 250000
Redemption Feature: 04/01/2020 @ 105.62
Genesis Energy Lp / Genesis Energy Finance Corporation 6.250 05/15/2026 B+/B1 1.20
CUSIP: 37185LAK8
Current Par: 100000
Original Par: 100000
Redemption Feature: 02/15/2021 @ 104.69
Hlf Financing Sarl, Llc. / Herbalife International, Inc. 7.250 08/15/2026 BB-/B1 3.11
CUSIP: 40390DAA3
Current Par: 250000
Original Par: 250000
Redemption Feature: 08/15/2021 @ 103.62
Hudbay Minerals, Inc. 7.625 01/15/2025 B+/B3 3.14
CUSIP: 443628AG7
Current Par: 250000
Original Par: 250000
Redemption Feature: 01/15/2020 @ 105.72
Jagged Peak Energy Llc 5.875 05/01/2026 B+/B3 2.50
CUSIP: 47009LAC9
Current Par: 200000
Original Par: 200000
Redemption Feature: 05/01/2021 @ 102.94
Jb Poindexter & Company, Inc. 7.125 04/15/2026 BB-/B2 3.19
CUSIP: 730481AJ7
Current Par: 250000
Original Par: 250000
Redemption Feature: 04/15/2021 @ 105.34
Koppers, Inc. 6.000 02/15/2025 B+/B1 3.02
CUSIP: 500605AH3
Current Par: 250000
Original Par: 250000
Redemption Feature: 02/15/2020 @ 104.5
Mercer International, Inc. 5.500 01/15/2026 BB-/Ba3 2.39
CUSIP: 588056AW1
Current Par: 200000
Original Par: 200000
Redemption Feature: 01/15/2021 @ 102.75
Michaels Stores, Inc. 8.000 07/15/2027 B/B1 2.46
CUSIP: 594087AU2
Current Par: 200000
Original Par: 200000
Redemption Feature: 07/15/2022 @ 104.0
Ngl Energy Partners Lp / Ngl Energy Finance Corporation 7.500 04/15/2026 B+/B2 1.24
CUSIP: 62913TAN2
Current Par: 100000
Original Par: 100000
Redemption Feature: 04/15/2022 @ 103.75
Novelis Corporation 5.875 09/30/2026 B+/B2 1.29
CUSIP: 670001AC0
Current Par: 100000
Original Par: 100000
Redemption Feature: 09/30/2021 @ 102.94
Parkland Fuel Corporation 6.000 04/01/2026 BB/B1 1.29
CUSIP: 70137TAL9
Current Par: 100000
Original Par: 100000
Redemption Feature: 04/01/2021 @ 104.5
Qep Resources, Inc. 5.625 03/01/2026 BB-/Ba3 2.19
CUSIP: 74733VAD2
Current Par: 200000
Original Par: 200000
Redemption Feature: 12/01/2025 @ 100.0
Range Resources Corporation 4.875 05/15/2025 BB/Ba3 1.09
CUSIP: 75281AAS8
Current Par: 100000
Original Par: 100000
Redemption Feature: 02/15/2025 @ 100.0
Schweitzer-Mauduit International, Inc. 6.875 10/01/2026 B+/B2 3.24
CUSIP: 808541AA4
Current Par: 250000
Original Par: 250000
Redemption Feature: 10/01/2021 @ 105.16
Southwestern Energy Company 7.500 04/01/2026 BB/Ba3 1.14
CUSIP: 845467AM1
Current Par: 100000
Original Par: 100000
Redemption Feature: 04/01/2021 @ 105.62
Sprint Corporation 7.125 06/15/2024 B/B3 1.35
CUSIP: 85207UAH8
Current Par: 100000
Original Par: 100000
Redemption Feature:
Suncoke Energy Partners, Lp / Suncoke Energy Partners Finance Corporation 7.500 06/15/2025 BB-/B2 2.83
CUSIP: 86723CAF5
Current Par: 250000
Original Par: 250000
Redemption Feature: 06/15/2020 @ 105.62
Transdigm, Inc. 6.375 06/15/2026 B-/B3 3.24
CUSIP: 893647BB2
Current Par: 250000
Original Par: 250000
Redemption Feature: 06/15/2021 @ 103.19
Trinseo Materials Operating S.c.a / Trinseo Materials Finance, Inc. 5.375 09/01/2025 BB-/B2 2.96
CUSIP: 89668QAE8
Current Par: 250000
Original Par: 250000
Redemption Feature: 09/01/2020 @ 102.69
United States Steel Corporation 6.875 08/15/2025 B/B3 2.79
CUSIP: 912909AM0
Current Par: 250000
Original Par: 250000
Redemption Feature: 08/15/2020 @ 103.44
Whiting Petroleum Corporation 6.250 04/01/2023 BB-/B2 1.03
CUSIP: 966387AP7
Current Par: 100000
Original Par: 100000
Redemption Feature: 01/01/2023 @ 100.0
William Lyon Homes, Inc. 6.000 09/01/2023 B+/B2 3.19
CUSIP: 96926DAU4
Current Par: 250000
Original Par: 250000
Redemption Feature: 09/01/2020 @ 103.0

* Par and Prices are in local currency

1The S&P and Moody's ratings apply to the bonds held by the trust, and not the trust itself.

  A Standard & Poor's credit rating is a current opinion of the creditworthiness of an obligor with respect to a specific debt obligation. This opinion of creditworthiness may take into consideration the creditworthiness of guarantors, insurers or other forms of credit enhancement on the obligation.

  Moody's municipal ratings are opinions of the investment quality of the issues and issues in the US municipal and tax-exempt markets. As such, these ratings incorporate Moody's assessment of the default probability and loss severity of these issuers and issues.

1Estimated current return (ECR) is based on the estimated annual income as a percentage of the current price of the units. Estimated long-term return (ELTR) is calculated using a formula which (1) takes into consideration and determines and factors in the relative weightings of the market values, yields (which takes into account the amortization of premiums and the accretion of discounts) and estimated retirement of all the bonds in the trust and (2) takes into account the expenses and sales charge associated with each trust unit. There can be no assurance that either the estimated current return or ELTR will be realized in the future and an investor's units, when redeemed, may be worth more or less than their original cost.

2The ELTR life represents the estimated life of the bonds in a Trust's portfolio determined for the purposes of calculating Estimated Long-Term Return.

3Estimated Annual Income Per Unit is as of close the most recent business day and is based on the estimated cash flows per unit. This amount will vary with changes in expenses, interest rates and the maturity, call or sale of bonds.

4Estimated Daily Rate of Accrual represents the annual interest from the securities within the portfolio divided by the number of days on which interest is calculated annually.

5Represents the principal amount of the underlying bonds per unit. Bonds may be sold to meet redemptions, to pay expenses, and in other limited circumstances. The sale of bonds will affect the principal amount of bonds included in the trust and as a result the principal amount of bonds per unit. There can be no assurance that a unitholder will receive this par value per unit in the future.

For Fixed-Income trusts, "S.F." indicates a sinking fund is established with respect to an issue of bonds.


The trust portfolio is provided for informational purposes only and should not be deemed as a recommendation to buy or sell the individual securities shown above.


About risk

There is no assurance the trust will achieve its investment objective. An investment in this unit investment trust is subject to market risk, which is the possibility that the market values of securities owned by the trust will decline and that the value of trust units may therefore be less than what you paid for them. This trust is unmanaged and its portfolio is not intended to change during the trust's life except in limited circumstances. Accordingly, you can lose money investing in this trust.

The value of the bonds will generally fall if interest rates, in general, rise. In a low interest rate environment risks associated with rising rates are heightened. The negative impact on fixed income securities from any interest rate increases could be swift and significant. No one can predict whether interest rates will rise or fall in the future.

During periods of market turbulence, corporate bonds may experience illiquidity and volatility. During such periods, there can be uncertainty in assessing the financial condition of an issuer. As a result, the ratings of the bonds in the Trust's portfolio may not accurately reflect an issuer's current financial condition, prospects, or the extent of the risks associated with investing in such issuer's securities.

Although the underlying securities in the portfolio are generally rated at or above the minimum credit quality as of the date of deposit, the ratings may change after inclusion in the trust.

The trust invests in bonds rated below investment grade and are considered to be "junk" bonds. Bonds rated below "BBB-" by Standard & Poor's and Fitch, or below "Baa3" by Moody's, are considered to be below investment grade. These bonds are considered to be speculative and are subject to greater market and credit risks. Accordingly, the risk of default is higher than with investment grade bonds. In addition, these bonds may be more sensitive to interest rate changes and may be more likely to make early returns of principal. The trust's price per unit, yield and return may fluctuate more than in a trust consisting of investment grade bonds.

Certain of the bonds in the trust’s portfolio are restricted securities that may be subject to enhanced liquidity risk. This is the risk that the value of a security will fall if trading in the security is limited or absent. Any bonds in the trust designated as "Rule 144A" securities are subject to resale restrictions. The value of trust units may decrease if there is a lack of a liquid market for these securities.

The Trust is concentrated in bonds of issuers in the materials sector. Issuers in the materials sector face risks such as commodity price volatility, exchange rates, import controls and increased competition. These issuers may be adversely affected by depletion of resources, technical progress, labor relations, and governmental regulations.

Securities of foreign issuers in the Trust present risks beyond those of U.S. issuers. These risks may include market and political factors related to an issuer's foreign market, international trade conditions, less regulation, smaller or less liquid markets, increased volatility, differing accounting practices and changes in the value of foreign currencies.

Invesco and its representatives do not provide tax advice. Individuals should consult their personal tax advisors before making any tax-related investment decisions.

A credit rating is an assessment provided by a nationally recognized statistical rating organization (NRSRO) of the creditworthiness of an issuer with respect to debt obligations, including specifi c securities, money market instruments or other debts. Ratings are measured on a scale that generally ranges from AAA/Aaa (highest) to D/C (lowest); ratings are subject to change without notice. For more information on Standard and Poor's rating methodology, please visit www.standardandpoors.com and select 'Understanding Ratings' under Rating Resources on the homepage or Moody's at www.moodys.com and select 'Rating Methodologies' under Research and Ratings on the homepage.

Historical Pricing

From   to

Distributions

From   to

LIQUIDATION PRICE
Represents the value per unit that a unitholder would receive if the unitholder redeemed or sold units. This price is equal to the net asset value per unit plus any remaining organization costs and creation and development fee. This price reflects any remaining deferred sales charges payable in connection with a liquidation of units.

OFFER PRICE
Represents the net asset value per unit plus any applicable organization costs and sales charges. This is the regular public offering price per unit paid to purchase units. This price is often subject to certain sales charge discounts described in a trust prospectus.

NET ASSET VALUE (NAV)
Represents the value per unit of a trust's portfolio securities and other assets reduced by trust expenses and other liabilities, including remaining organization costs, deferred sales charges and creation and the development fee.


This page contains historical pricing or historical income distributions information for the unit trust listed above. It should not be used for federal or state tax purposes. Please contact your financial advisor for tax information.

This information does not constitute an offer to sell, or a solicitation of an offer to buy securities in any state, or other jurisdiction to any person to whom it is not lawful to make such an offer. A trust that contains a state name in the trust name is generally available for sale only to investors in that state. The information shown may relate to a trust that is no longer offered to the public. In such a case, this information does not constitute an offer to sell, or a solicitation of an offer to buy units of the trust.

1Estimated current return (ECR) is based on the estimated annual income as a percentage of the current price of the units. Estimated long-term return (ELTR) is calculated using a formula which (1) takes into consideration and determines and factors in the relative weightings of the market values, yields (which takes into account the amortization of premiums and the accretion of discounts) and estimated retirement of all the bonds in the trust and (2) takes into account the expenses and sales charge associated with each trust unit. There can be no assurance that either the estimated current return or ELTR will be realized in the future and an investor's units, when redeemed, may be worth more or less than their original cost.

2The ELTR life represents the estimated life of the bonds in a Trust's portfolio determined for the purposes of calculating Estimated Long-Term Return.

3Estimated Annual Income Per Unit is as of close the most recent business day and is based on the estimated cash flows per unit. This amount will vary with changes in expenses, interest rates and the maturity, call or sale of bonds.

4Estimated Daily Rate of Accrual represents the annual interest from the securities within the portfolio divided by the number of days on which interest is calculated annually.

5Represents the principal amount of the underlying bonds per unit. Bonds may be sold to meet redemptions, to pay expenses, and in other limited circumstances. The sale of bonds will affect the principal amount of bonds included in the trust and as a result the principal amount of bonds per unit. There can be no assurance that a unitholder will receive this par value per unit in the future.


About risk

There is no assurance the trust will achieve its investment objective. An investment in this unit investment trust is subject to market risk, which is the possibility that the market values of securities owned by the trust will decline and that the value of trust units may therefore be less than what you paid for them. This trust is unmanaged and its portfolio is not intended to change during the trust's life except in limited circumstances. Accordingly, you can lose money investing in this trust.

The value of the bonds will generally fall if interest rates, in general, rise. In a low interest rate environment risks associated with rising rates are heightened. The negative impact on fixed income securities from any interest rate increases could be swift and significant. No one can predict whether interest rates will rise or fall in the future.

During periods of market turbulence, corporate bonds may experience illiquidity and volatility. During such periods, there can be uncertainty in assessing the financial condition of an issuer. As a result, the ratings of the bonds in the Trust's portfolio may not accurately reflect an issuer's current financial condition, prospects, or the extent of the risks associated with investing in such issuer's securities.

Although the underlying securities in the portfolio are generally rated at or above the minimum credit quality as of the date of deposit, the ratings may change after inclusion in the trust.

The trust invests in bonds rated below investment grade and are considered to be "junk" bonds. Bonds rated below "BBB-" by Standard & Poor's and Fitch, or below "Baa3" by Moody's, are considered to be below investment grade. These bonds are considered to be speculative and are subject to greater market and credit risks. Accordingly, the risk of default is higher than with investment grade bonds. In addition, these bonds may be more sensitive to interest rate changes and may be more likely to make early returns of principal. The trust's price per unit, yield and return may fluctuate more than in a trust consisting of investment grade bonds.

Certain of the bonds in the trust’s portfolio are restricted securities that may be subject to enhanced liquidity risk. This is the risk that the value of a security will fall if trading in the security is limited or absent. Any bonds in the trust designated as "Rule 144A" securities are subject to resale restrictions. The value of trust units may decrease if there is a lack of a liquid market for these securities.

The Trust is concentrated in bonds of issuers in the materials sector. Issuers in the materials sector face risks such as commodity price volatility, exchange rates, import controls and increased competition. These issuers may be adversely affected by depletion of resources, technical progress, labor relations, and governmental regulations.

Securities of foreign issuers in the Trust present risks beyond those of U.S. issuers. These risks may include market and political factors related to an issuer's foreign market, international trade conditions, less regulation, smaller or less liquid markets, increased volatility, differing accounting practices and changes in the value of foreign currencies.

Invesco and its representatives do not provide tax advice. Individuals should consult their personal tax advisors before making any tax-related investment decisions.

A credit rating is an assessment provided by a nationally recognized statistical rating organization (NRSRO) of the creditworthiness of an issuer with respect to debt obligations, including specifi c securities, money market instruments or other debts. Ratings are measured on a scale that generally ranges from AAA/Aaa (highest) to D/C (lowest); ratings are subject to change without notice. For more information on Standard and Poor's rating methodology, please visit www.standardandpoors.com and select 'Understanding Ratings' under Rating Resources on the homepage or Moody's at www.moodys.com and select 'Rating Methodologies' under Research and Ratings on the homepage.

as of 09/20/2019

Cumulative Return (%)

Maximum Sales Charge: 2.50%
YTD (%) Since Deposit (%) 3 Mo (%) 6 Mo (%)
With Sales Charge 1.12
Without Sales Charge 3.69
as of 09/20/2019

Average Annual Return (%)

1 Yr (%) 5 Yr (%) 10 Yr (%) Since Deposit (%)
With Sales Charge
Without Sales Charge

The performance data quoted for the individual series of a trust that has not terminated or has an open termination date is from the deposit date through the current date quoted. For individual series that have terminated, performance data quoted is from the deposit date through the termination date.

Performance data quoted represents past performance, which is no guarantee of future results. Investment returns and principal value will fluctuate and units, when redeemed, may be worth more or less than their original cost.

Returns are cumulative total returns (not annualized) unless labeled as average annual total returns. All returns reflect trust expenses as incurred and assume reinvestment of income and principal distributions, except for trusts that do not offer the option of reinvesting distributions into additional trust units. Please see the related trust prospectus for additional information. Returns do not reflect taxes.

A trust's performance, especially for short time periods, should not be the sole factor in making your investment decision. Please keep in mind that high, double-digit returns are highly unusual and cannot be sustained. Investors should also be aware that these returns were primarily achieved during favorable market conditions.

Returns With Sales Charge reflect the maximum sales charge that would be payable by an investor upon sale or redemption of units at the end of the applicable period(s). The sales charge includes any initial or deferred sales charges other than creation and development fee. These returns do not reflect any creation and development fee prior to collection (generally the close of the initial offering period). Any creation and development fee is reflected in the returns as of the time of payment. by a trust. These returns reflect any contingent deferred sales charges only if the charges would be payable upon a unit sale or redemption at or prior to the end of the applicable performance period(s). Certain trusts are no longer offered for sale to the public and, as a result, do not publish an offer price or have a sales charge. In these cases, returns will not reflect a sales charge if a trust was not actually offered for sale to the public on the first day of the applicable period because units of the trust could not have been purchased by an investor at that time. These returns will show 'N/A' for With Sales Charge data

Returns Without Sales Charge do not reflect any sales charge and do not reflect any creation and development fee prior to collection (generally the close of the initial offering period). Any creation and development fee is reflected in the returns as of the time of payment by a trust.

There is no assurance the trust will achieve its investment objective. An investment in this unit investment trust is subject to market risk, which is the possibility that the market values of securities owned by the trust will decline and that the value of trust units may therefore be less than what you paid for them. Accordingly, you can lose money investing in this trust. Certain trusts are unmanaged and their portfolios are not intended to change during the trusts' lives except in limited circumstances. Certain trusts are passively managed and seek to track their target index during the trust's life. For a more complete discussion of the risks of investing in this trust, click on the Fact Card.

Performance Calculator

From   to
  Total Return (%)
With Sales Charge 1.12
Without Sales Charge 3.69

1Estimated current return (ECR) is based on the estimated annual income as a percentage of the current price of the units. Estimated long-term return (ELTR) is calculated using a formula which (1) takes into consideration and determines and factors in the relative weightings of the market values, yields (which takes into account the amortization of premiums and the accretion of discounts) and estimated retirement of all the bonds in the trust and (2) takes into account the expenses and sales charge associated with each trust unit. There can be no assurance that either the estimated current return or ELTR will be realized in the future and an investor's units, when redeemed, may be worth more or less than their original cost.

2The ELTR life represents the estimated life of the bonds in a Trust's portfolio determined for the purposes of calculating Estimated Long-Term Return.

3Estimated Annual Income Per Unit is as of close the most recent business day and is based on the estimated cash flows per unit. This amount will vary with changes in expenses, interest rates and the maturity, call or sale of bonds.

4Estimated Daily Rate of Accrual represents the annual interest from the securities within the portfolio divided by the number of days on which interest is calculated annually.

5Represents the principal amount of the underlying bonds per unit. Bonds may be sold to meet redemptions, to pay expenses, and in other limited circumstances. The sale of bonds will affect the principal amount of bonds included in the trust and as a result the principal amount of bonds per unit. There can be no assurance that a unitholder will receive this par value per unit in the future.


About risk

There is no assurance the trust will achieve its investment objective. An investment in this unit investment trust is subject to market risk, which is the possibility that the market values of securities owned by the trust will decline and that the value of trust units may therefore be less than what you paid for them. This trust is unmanaged and its portfolio is not intended to change during the trust's life except in limited circumstances. Accordingly, you can lose money investing in this trust.

The value of the bonds will generally fall if interest rates, in general, rise. In a low interest rate environment risks associated with rising rates are heightened. The negative impact on fixed income securities from any interest rate increases could be swift and significant. No one can predict whether interest rates will rise or fall in the future.

During periods of market turbulence, corporate bonds may experience illiquidity and volatility. During such periods, there can be uncertainty in assessing the financial condition of an issuer. As a result, the ratings of the bonds in the Trust's portfolio may not accurately reflect an issuer's current financial condition, prospects, or the extent of the risks associated with investing in such issuer's securities.

Although the underlying securities in the portfolio are generally rated at or above the minimum credit quality as of the date of deposit, the ratings may change after inclusion in the trust.

The trust invests in bonds rated below investment grade and are considered to be "junk" bonds. Bonds rated below "BBB-" by Standard & Poor's and Fitch, or below "Baa3" by Moody's, are considered to be below investment grade. These bonds are considered to be speculative and are subject to greater market and credit risks. Accordingly, the risk of default is higher than with investment grade bonds. In addition, these bonds may be more sensitive to interest rate changes and may be more likely to make early returns of principal. The trust's price per unit, yield and return may fluctuate more than in a trust consisting of investment grade bonds.

Certain of the bonds in the trust’s portfolio are restricted securities that may be subject to enhanced liquidity risk. This is the risk that the value of a security will fall if trading in the security is limited or absent. Any bonds in the trust designated as "Rule 144A" securities are subject to resale restrictions. The value of trust units may decrease if there is a lack of a liquid market for these securities.

The Trust is concentrated in bonds of issuers in the materials sector. Issuers in the materials sector face risks such as commodity price volatility, exchange rates, import controls and increased competition. These issuers may be adversely affected by depletion of resources, technical progress, labor relations, and governmental regulations.

Securities of foreign issuers in the Trust present risks beyond those of U.S. issuers. These risks may include market and political factors related to an issuer's foreign market, international trade conditions, less regulation, smaller or less liquid markets, increased volatility, differing accounting practices and changes in the value of foreign currencies.

Invesco and its representatives do not provide tax advice. Individuals should consult their personal tax advisors before making any tax-related investment decisions.

A credit rating is an assessment provided by a nationally recognized statistical rating organization (NRSRO) of the creditworthiness of an issuer with respect to debt obligations, including specifi c securities, money market instruments or other debts. Ratings are measured on a scale that generally ranges from AAA/Aaa (highest) to D/C (lowest); ratings are subject to change without notice. For more information on Standard and Poor's rating methodology, please visit www.standardandpoors.com and select 'Understanding Ratings' under Rating Resources on the homepage or Moody's at www.moodys.com and select 'Rating Methodologies' under Research and Ratings on the homepage.

1Estimated current return (ECR) is based on the estimated annual income as a percentage of the current price of the units. Estimated long-term return (ELTR) is calculated using a formula which (1) takes into consideration and determines and factors in the relative weightings of the market values, yields (which takes into account the amortization of premiums and the accretion of discounts) and estimated retirement of all the bonds in the trust and (2) takes into account the expenses and sales charge associated with each trust unit. There can be no assurance that either the estimated current return or ELTR will be realized in the future and an investor's units, when redeemed, may be worth more or less than their original cost.

2The ELTR life represents the estimated life of the bonds in a Trust's portfolio determined for the purposes of calculating Estimated Long-Term Return.

3Estimated Annual Income Per Unit is as of close the most recent business day and is based on the estimated cash flows per unit. This amount will vary with changes in expenses, interest rates and the maturity, call or sale of bonds.

4Estimated Daily Rate of Accrual represents the annual interest from the securities within the portfolio divided by the number of days on which interest is calculated annually.

5Represents the principal amount of the underlying bonds per unit. Bonds may be sold to meet redemptions, to pay expenses, and in other limited circumstances. The sale of bonds will affect the principal amount of bonds included in the trust and as a result the principal amount of bonds per unit. There can be no assurance that a unitholder will receive this par value per unit in the future.


About risk

There is no assurance the trust will achieve its investment objective. An investment in this unit investment trust is subject to market risk, which is the possibility that the market values of securities owned by the trust will decline and that the value of trust units may therefore be less than what you paid for them. This trust is unmanaged and its portfolio is not intended to change during the trust's life except in limited circumstances. Accordingly, you can lose money investing in this trust.

The value of the bonds will generally fall if interest rates, in general, rise. In a low interest rate environment risks associated with rising rates are heightened. The negative impact on fixed income securities from any interest rate increases could be swift and significant. No one can predict whether interest rates will rise or fall in the future.

During periods of market turbulence, corporate bonds may experience illiquidity and volatility. During such periods, there can be uncertainty in assessing the financial condition of an issuer. As a result, the ratings of the bonds in the Trust's portfolio may not accurately reflect an issuer's current financial condition, prospects, or the extent of the risks associated with investing in such issuer's securities.

Although the underlying securities in the portfolio are generally rated at or above the minimum credit quality as of the date of deposit, the ratings may change after inclusion in the trust.

The trust invests in bonds rated below investment grade and are considered to be "junk" bonds. Bonds rated below "BBB-" by Standard & Poor's and Fitch, or below "Baa3" by Moody's, are considered to be below investment grade. These bonds are considered to be speculative and are subject to greater market and credit risks. Accordingly, the risk of default is higher than with investment grade bonds. In addition, these bonds may be more sensitive to interest rate changes and may be more likely to make early returns of principal. The trust's price per unit, yield and return may fluctuate more than in a trust consisting of investment grade bonds.

Certain of the bonds in the trust’s portfolio are restricted securities that may be subject to enhanced liquidity risk. This is the risk that the value of a security will fall if trading in the security is limited or absent. Any bonds in the trust designated as "Rule 144A" securities are subject to resale restrictions. The value of trust units may decrease if there is a lack of a liquid market for these securities.

The Trust is concentrated in bonds of issuers in the materials sector. Issuers in the materials sector face risks such as commodity price volatility, exchange rates, import controls and increased competition. These issuers may be adversely affected by depletion of resources, technical progress, labor relations, and governmental regulations.

Securities of foreign issuers in the Trust present risks beyond those of U.S. issuers. These risks may include market and political factors related to an issuer's foreign market, international trade conditions, less regulation, smaller or less liquid markets, increased volatility, differing accounting practices and changes in the value of foreign currencies.

Invesco and its representatives do not provide tax advice. Individuals should consult their personal tax advisors before making any tax-related investment decisions.

A credit rating is an assessment provided by a nationally recognized statistical rating organization (NRSRO) of the creditworthiness of an issuer with respect to debt obligations, including specifi c securities, money market instruments or other debts. Ratings are measured on a scale that generally ranges from AAA/Aaa (highest) to D/C (lowest); ratings are subject to change without notice. For more information on Standard and Poor's rating methodology, please visit www.standardandpoors.com and select 'Understanding Ratings' under Rating Resources on the homepage or Moody's at www.moodys.com and select 'Rating Methodologies' under Research and Ratings on the homepage.

as of 09/20/2019

HYCT0022

  • Offer Price $1,042.32000
  • Fee Based Price $1,022.52000
  • Liquidation Price $1,016.40000
  • Par Value5 $1,000.00000
  • Initial Offering

Trust Specifics

  • Aug 15, 2019 Deposit Date
  • IHELDX NASDAQ Symbol
  • Open Termination Date
  • Tax Status:
    Regulated Investment Company
  • $1011.32000 Public Offering Price
    (End of deposit date)
  • 2.50% Maximum Sales Charge
  • Sales Charge Schedule
  • Sales Charge Volume Discount
  • 5.91 Average Maturity
    (as of 09/20/2019)
  • 5.09 ELTR Life2
    (as of 09/20/2019)
  • Estimated Frequency of Offering:
    Varies
  • 42981J525 Monthly CUSIP
  • 42981J533 Fee Based CUSIP
  • 41 Number of Issues
    (as of 09/20/2019)
  • 41 Number of Issuers
    (as of 09/20/2019)
  • 8,100 Portfolio Size (units)
    (as of 09/20/2019)
  • - Pre-refunded (%)
    (as of 09/20/2019)
  • - Single Family (%)
    (as of 09/20/2019)
  • - Zero Coupon (%)
    (as of 09/20/2019)
  • Jan 15, 2020 Next Call Date
    (as of 09/20/2019)