Invesco Emerging Markets Sovereign Debt ETF

Frequently Asked Questions About PCY

What does PCY invest in?

Invesco Exchange-Traded Fund Trust II - Invesco Emerging Markets Sovereign Debt ETF is an exchange traded fund launched and managed by Invesco Capital Management LLC. The fund invests in the fixed income markets of global emerging region. It invests in US dollar denominated government bonds with a remaining maturity of at least three years. The fund seeks to track the performance of the DBIQ Emerging Market USD Liquid Balanced Index, by using representative sampling technique. Invesco Exchange-Traded Fund Trust II - Invesco Emerging Markets Sovereign Debt ETF was formed on October 11, 2007 and is domiciled in the United States.

What is the expense ratio of PCY?

Invesco Emerging Markets Sovereign Debt ETF (PCY) charges an expense ratio of 0.50%. This is the annual fee deducted from fund assets to cover management and operations.

What is PCY's dividend yield?

PCY's trailing-twelve-month yield is 6.01%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of PCY?

Effective duration measures PCY's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PCY's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of PCY?

PCY's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of PCY?

Yield to maturity (YTM) is the total return you'd earn from PCY if every bond in the portfolio is held to maturity at the current price. PCY's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.