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Invesco Fundamental High Yield® Corporate Bond Portfolio

Class A

Class A

  • Class A
  • Class C
  • Class I
  • Class RA
  • Class RZ

Objective

The Invesco Fundamental High Yield® Corporate Bond ETF seeks track the investment results (before fees and expenses) of the RAFI® Bonds U.S. High Yield 1-10 Index (the “Underlying Index”).

Strategy

The portfolio seeks seeks investment results that generally correspond (before fees and expenses) to those of the RAFI® Bonds U.S. High Yield 1-10 Index and will generally invest at least 80% of its total assets in the components that comprise the Fund’s underlying index.

as of 02/28/2023 12/31/2022

Average Annual Returns (%)

  Incept.
Date		 Max
Load (%)		 Since
Incept. (%)		 YTD (%) 1Y (%) 3Y (%) 5Y (%) 10Y (%)
NAV 10/22/2021 N/A -6.13 0.77 -4.77 N/A N/A N/A
Load 10/22/2021 3.50 -8.94 -3.27 -8.57 N/A N/A N/A
NAV 10/22/2021 N/A -7.52 -8.90 -8.90 N/A N/A N/A
Load 10/22/2021 3.50 -10.66 -12.57 -12.57 N/A N/A N/A
The performance quoted is past performance and is not a guarantee of future results. Investment returns and principal value of an investment will fluctuate so that an account owner’s units, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than the performance data shown. Performance figures reflect reinvested distributions of the underlying security/securities and changes in net asset value (NAV). Class A Unit performance at load is shown at the maximum sales charge. Performance shown at NAV does not include applicable CDSC or front-end sales charges, which would have reduced the performance. Returns less than one year are cumulative; all others are annualized.

as of 02/28/2023 12/31/2022

Annualized Benchmark Returns


Index Name 1 Mo (%) 3 Mo (%) 1Y (%) 3Y (%) 5Y (%) 10Y (%)
RAFI Bonds US High Yield 1-10 Index -1.63 1.11 -3.96 1.36 2.99 3.85
RAFI Bonds US High Yield 1-10 Index -0.17 4.44 -8.44 0.51 2.60 3.82

Source: Bloomberg LP

An investment cannot be made directly in an index.

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Historical Prices

 
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as of 02/28/2023

Portfolio Holdings

  % of Holdings
Invesco Fundamental High Yield Corporate Bond ETF 100.00

May not equal 100% due to rounding.

The CollegeBound 529 Invesco Fundamental High Yield® Corporate Bond Portfolio invests in the Invesco Fundamental High Yield® Corporate Bond ETF (PHB). The data below is that of the underlying ETF.
as of 02/28/2023

Sector Allocation

Holdings % of Total Net Assets
Consumer Discretionary 24.71
Industrials 12.29
Communication Services 9.42
Energy 8.92
8.85
Materials 7.41
Financials 7.01
Information Technology 5.92
Health Care 5.28
Real Estate 4.90
Utilities 4.74
Consumer Staples 0.55

May not equal 100% due to rounding.

as of 02/28/2023

Top Holdings | View all

  % of Total Assets
Centene Corp 2.10
United Airlines Holdings Inc 1.97
Ford Motor Credit Co LLC 1.79
Ally Financial Inc 1.71
Ford Motor Co 1.62
Sprint LLC 1.49
TransDigm Inc 1.42
Charter Communications Operati 1.40
Sprint Capital Corp 1.38
CCO Holdings LLC / CCO Holding 1.36

May not equal 100% due to rounding.

Holdings are subject to change and are not buy/sell recommendations.

Fund Documents

About risk

Risks of the Underlying Holding

There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Portfolio's return may not match the return of the Underlying Index. The Portfolio is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Portfolio.

The Portfolio may hold illiquid securities that it may be unable to sell at the preferred time or price and could lose its entire investment in such securities.

An issuer may be unable to meet interest and/or principal payments, thereby causing its instruments to decrease in value and lowering the issuer’s credit rating.

Reinvestment risk is the risk that a bond's cash flows (coupon income and principal repayment) will be reinvested at an interest rate below that on the original bond.

Investments focused in a particular industry or sector are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

The Portfolio may invest in privately issued securities, including 144A securities which are restricted (i.e. not publicly traded). The liquidity market for Rule 144A securities may vary, as a result, delay or difficulty in selling such securities may result in a loss to the Portfolio.

Interest rate risk refers to the risk that bond prices generally fall as interest rates rise and vice versa.

The Portfolio's use of a representative sampling approach will result in its holding a smaller number of securities than are in the underlying Index, and may be subject to greater volatility.

Non-investment grade securities may be subject to greater price volatility due to specific corporate developments, interest-rate sensitivity, negative perceptions of the market, adverse economic and competitive industry conditions and decreased market liquidity.

The Portfolio is subject to certain other risks. Please see the current Program Description for more information regarding the risks associated with an investment in the Portfolio.

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