Fixed Income | US Fixed Income

Invesco Core Fixed Income ETF

Ticker: GTOC

Product Details

The Invesco Core Fixed Income ETF (Fund) is an actively managed bond exchange-traded fund (ETF) for investors seeking total return opportunities. The portfolio manager’s overall strategy is to build a diversified portfolio of U.S. investment grade fixed income instruments.

as of 06/30/2025 06/30/2025

Performance

Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Bloomberg US Aggregate Bond Index-TR 4.02 6.08 2.55 -0.73 1.76 N/A
Fund History (%)
Fund NAV N/A N/A N/A N/A N/A N/A
After Tax Held N/A N/A N/A N/A N/A N/A
After Tax Sold N/A N/A N/A N/A N/A N/A
Fund Market Price N/A N/A N/A N/A N/A N/A
Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Bloomberg US Aggregate Bond Index-TR 4.02 6.08 2.55 -0.73 1.76 N/A
Fund History (%)
Fund NAV N/A N/A N/A N/A N/A N/A
After Tax Held N/A N/A N/A N/A N/A N/A
After Tax Sold N/A N/A N/A N/A N/A N/A
Fund Market Price N/A N/A N/A N/A N/A N/A

This is a new Fund and has no full-year Fund performance to report as of most recent quarter end.

Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. After Tax Held and After Tax Sold are based on NAV. Returns less than one year are cumulative.

An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.

as of 07/31/2025

Sector Allocation

Sector Percent of Fund
Financials 36.94%
U.S. Agency Securities 32.49%
ABS 14.86%
Consumer Staples 3.15%
Industrials 2.40%
Utilities 2.30%
Energy 2.19%
Communication Services 1.97%
Materials 1.84%
Health Care 1.60%
Information Technology 1.10%
UnClassified 1.09%
Consumer Discretionary 1.05%
Real Estate 0.62%
U.S. Government Securities 0.34%
CMOs 0.04%
as of 07/31/2025

Top Country Allocation

Country Percentage
United States 92.03%
Cayman Islands 3.48%
Japan 3.14%
Australia 0.64%
Germany 0.33%
France 0.20%
United Kingdom 0.20%

Quality Allocations as of 07/31/2025

S&P Moody's
AAA : 6% Aaa : 0%
AA : 53% Aa : 52%
A : 16% A : 17%
BBB : 16% Baa : 14%
BB : 1% Ba : 0%
Not Rated : 5% Not Rated : 13%
as of 07/31/2025

Maturity

Years % of Fund
0 - 1 years -3.63
1 - 5 years 29.65
5 - 10 years 25.44
10 - 15 years 5.07
15 - 20 years 4.35
20 - 25 years 0.72
25 years and over 38.40

as of 07/31/2025 Top Fixed-Income Holdings | View All

Holding Name Coupon Rate Maturity Date Next Call Date S&P / Moody's Rating† Weight
CBOT 2 Year US Treasury Note Future N/A 09/30/2025 N/A NR/NR 7.47%
United States Treasury Note/Bond 3.75% 06/30/2027 N/A AA+u/Aa1 7.41%
United States Treasury Note/Bond 3.88% 06/30/2030 N/A AA+u/Aa1 4.41%
Fannie Mae or Freddie Mac 2.50% 08/01/2055 N/A AA+/Aa1 4.39%
United States Treasury Note/Bond 4.62% 02/15/2055 N/A AA+u/Aa1 4.02%
United States Treasury Note/Bond 3.88% 07/15/2028 N/A AA+u/Aa1 3.75%
Fannie Mae or Freddie Mac 3.00% 08/01/2055 N/A AA+/Aa1 3.37%
Fannie Mae or Freddie Mac 5.50% 08/01/2055 N/A AA+/Aa1 3.18%
United States Treasury Note/Bond 4.00% 06/30/2032 N/A AA+u/Aa1 3.08%
Fannie Mae or Freddie Mac 6.00% 08/01/2055 N/A AA+/Aa1 2.95%

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

Premiums/Discounts

 Risk & Other Information

There are risks involved with investing in ETFs, including possible loss of money. Actively managed ETFs do not necessarily seek to replicate the performance of a specified index. 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 Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.

Stock and other equity securities values fluctuate in response to activities specific to the company as well as general market, economic and political conditions.

The Fund is “non-diversified” and therefore is not required to meet certain diversification requirements under the Investment Company Act of 1940, as amended (the “1940 Act”).

Fixed-income investments are subject to credit risk of the issuer and the effects of changing interest rates. Interest rate risk refers to the risk that bond prices generally fall as interest rates rise and vice versa. 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

If interest rates fall, it is possible that issuers of callable securities will call or prepay their securities before maturity, causing the Fund to reinvest proceeds in securities bearing lower interest rates and reducing the Fund's income and distributions.

Obligations issued by US Government agencies and instrumentalities may receive varying levels of support from the government, which could affect the fund's ability to recover should they default.

Risks of collateralized loan obligations include the possibility that distributions from collateral securities will not be adequate to make interest or other payments, the quality of the collateral may decline in value or default, the collateralized loan obligations may be subordinate to other classes, values may be volatile, and disputes with the issuer may produce unexpected investment results.

Mortgage- and asset-backed securities, which are subject to call (prepayment) risk, reinvestment risk and extension risk. These securities are also susceptible to an unexpectedly high rate of defaults on the mortgages held by a mortgage pool, which may adversely affect their value. The risk of such defaults depends on the quality of the mortgages underlying such security, the credit quality of its issuer or guarantor, and the nature and structure of its credit support.

Instruments issued by government agencies, including the Federal National Mortgage Association ("Fannie Mae") and the Federal Home Loan Mortgage Corporation ("Freddie Mac"), are generally only backed by the general creditworthiness and reputation of the issuing government agency and are not backed by the full faith and credit of the U.S. government. As a result, there is uncertainty as to the current status of many obligations that are placed under conservatorship of the federal government.

Derivatives may be more volatile and less liquid than traditional investments and are subject to market, interest rate, credit, leverage, counterparty and management risks. An investment in a derivative could lose more than the cash amount invested.

Leverage created from borrowing or certain types of transactions or instruments may impair liquidity, cause positions to be liquidated at an unfavorable time, lose more than the amount invested, or increase volatility.

Issuers of sovereign debt or the governmental authorities that control repayment may be unable or unwilling to repay principal or interest when due, and the Fund may have limited recourse in the event of default. Without debt holder approval, some governmental debtors may be able to reschedule or restructure their debt payments or declare moratoria on payments.

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.

Environmental, Social and Governance (ESG) considerations assessed as part of a credit research may vary across types of investments and issuers, and not every ESG factor may be identified or evaluated for investment. Including ESG factors as part of a credit analysis may affect the Fund’s exposure to certain issuers or industries and may not work as intended. Information used to evaluate such factors may not be readily available, complete or accurate, and may vary across providers and issuers. There is no guarantee that the addition of ESG considerations will enhance Fund performance.

The Fund currently intends to effect creations and redemptions principally for cash, rather than principally in-kind because of the nature of the Fund's investments. As such, investments in the Fund may be less tax efficient than investments in ETFs that create and redeem in-kind.

A decision as to whether, when and how to use options involves the exercise of skill and judgment and even a well conceived option transaction may be unsuccessful because of market behavior or unexpected events. The prices of options can be highly volatile and the use of options can lower total returns.