Invesco Short Term Treasury ETF

Frequently Asked Questions About TBLL

What does TBLL invest in?

Invesco Exchange-Traded Fund Trust II - Invesco Short Term Treasury ETF is an exchange traded fund launched and managed by Invesco Capital Management LLC. The fund is co-managed by Invesco Advisers, Inc. It invests in fixed income markets of the United States. The fund primarily invests in U.S. treasury notes, bills and bonds with maturities between 1 month and 12 months. It seeks to track the performance of the ICE U.S. Treasury Short Bond Index, by using representative sampling technique. Invesco Exchange-Traded Fund Trust II - Invesco Short Term Treasury ETF was formed on January 12, 2017 and is domiciled in the United States.

What is the expense ratio of TBLL?

Invesco Short Term Treasury ETF (TBLL) charges an expense ratio of 0.08%. This is the annual fee deducted from fund assets to cover management and operations.

What is TBLL's dividend yield?

TBLL's trailing-twelve-month yield is 3.70%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of TBLL?

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

What is the credit quality of TBLL?

TBLL'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 TBLL?

Yield to maturity (YTM) is the total return you'd earn from TBLL if every bond in the portfolio is held to maturity at the current price. TBLL'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.