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Upturn AI SWOT - About
Invesco Fundamental Investment Grade Corporate Bond ETF (PFIG)
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Upturn Advisory Summary
08/14/2025: PFIG (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 8.14% | Avg. Invested days 52 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.78 | 52 Weeks Range 22.31 - 24.27 | Updated Date 06/29/2025 |
52 Weeks Range 22.31 - 24.27 | Updated Date 06/29/2025 |
Upturn AI SWOT
Invesco Fundamental Investment Grade Corporate Bond ETF
ETF Overview
Overview
The Invesco Fundamental Investment Grade Corporate Bond ETF (PICB) seeks to track the performance of the RAFI Bonds US Investment Grade 1-10 Index. It focuses on investment-grade corporate bonds using a fundamental weighting methodology. Asset allocation is primarily to US corporate bonds. The investment strategy involves selecting and weighting bonds based on fundamental factors rather than market capitalization.
Reputation and Reliability
Invesco is a well-established global investment management firm with a strong reputation.
Management Expertise
Invesco has experienced portfolio managers and analysts specializing in fixed income investments.
Investment Objective
Goal
To track the investment results, before fees and expenses, of the RAFI Bonds US Investment Grade 1-10 Index.
Investment Approach and Strategy
Strategy: Aims to track the RAFI Bonds US Investment Grade 1-10 Index.
Composition Primarily holds investment-grade US corporate bonds.
Market Position
Market Share: Information not available to provide exact market share.
Total Net Assets (AUM): 758300000
Competitors
Key Competitors
- LQD
- VCSH
- IEF
- AGG
Competitive Landscape
The investment-grade corporate bond ETF market is highly competitive, with several large ETFs dominating the space. PICB differentiates itself with its fundamental weighting approach, potentially leading to different risk-return profiles compared to market-cap weighted ETFs. A disadvantage may be higher tracking error compared to market-cap weighted funds. One competitive advantage is the focus on fundamentally strong companies.
Financial Performance
Historical Performance: Historical performance data needs to be sourced from financial data providers.
Benchmark Comparison: Benchmark comparison needs to be sourced from financial data providers.
Expense Ratio: 0.19
Liquidity
Average Trading Volume
The ETF exhibits moderate liquidity, indicated by its trading volume.
Bid-Ask Spread
The bid-ask spread typically reflects the ETF's liquidity and can vary based on market conditions.
Market Dynamics
Market Environment Factors
Economic indicators like interest rates, inflation, and credit spreads significantly affect PICB. Sector growth prospects within the investment-grade corporate bond market also play a role. Current market conditions, including Federal Reserve policy, influence bond valuations.
Growth Trajectory
Growth trends depend on investor demand for fundamentally weighted corporate bond strategies. Changes to the index methodology or holdings can impact the ETF's performance.
Moat and Competitive Advantages
Competitive Edge
PICB's fundamental weighting strategy is a key differentiator, selecting bonds based on financial strength rather than market capitalization. This approach aims to potentially reduce exposure to overvalued bonds and enhance long-term returns. The ETF's focus on investment-grade corporate bonds provides a relatively lower-risk profile compared to high-yield bond ETFs. Invesco's brand recognition and distribution network support the ETF's competitiveness.
Risk Analysis
Volatility
Historical volatility can be assessed using standard deviation or beta calculations.
Market Risk
The ETF is exposed to interest rate risk, credit risk, and market risk associated with investment-grade corporate bonds.
Investor Profile
Ideal Investor Profile
The ideal investor is one seeking diversified exposure to investment-grade corporate bonds with a tilt towards fundamentally strong companies.
Market Risk
This ETF is suitable for long-term investors seeking income and moderate capital appreciation.
Summary
The Invesco Fundamental Investment Grade Corporate Bond ETF (PICB) offers exposure to investment-grade corporate bonds using a fundamental weighting strategy, differing from market-cap weighted approaches. Its investment objective is to track the RAFI Bonds US Investment Grade 1-10 Index, focusing on bonds of companies with strong financial fundamentals. While offering diversification and a focus on potentially undervalued bonds, it's exposed to standard fixed-income risks like interest rate and credit risk. It can be a suitable choice for long-term investors seeking income and stability in their portfolio.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Invesco Official Website
- ETF.com
- Morningstar
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Market data is subject to change. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Invesco Fundamental Investment Grade Corporate Bond ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund generally will invest at least 80% of its total assets in the components that comprise the index. The index is designed to measure the performance of U.S. dollar-denominated, investment grade corporate bonds that are SEC-registered securities, Section 3(a)(2) securities under the Securities Act of 1933 ("Securities Act"), or Rule 144A securities under the Securities Act and whose issuers are public companies domiciled in the United States.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.