PortView
Invesco High Yield Systematic Bond (GTOQ) ETF Holdings & Analysis
ETFOther
What GTOQ does
IHYF operates as an actively managed fund, employing a systematic, factor-based investment strategy. Its primary objective is to identify fixed-income securities that the Sub-adviser believes offer superior risk-adjusted returns compared to other bonds, based on quantifiable issuer characteristics. This approach typically leads to a higher allocation towards bonds exhibiting strong value, low volatility, or high carry potential. The portfolio managers have the flexibility to adapt, introduce, or modify these underlying factors as they deem appropriate to mitigate specific investment risks. In addition to core bond holdings, the fund may also allocate to various other instruments, within specified limits, including U.S. Treasuries, collateralized debt obligations (CDOs), and distressed bonds. It's important to note that market movements can cause the fund's asset allocation to deviate from its intended limits. A significant aspect of the strategy is its emphasis on derivatives, such as options, futures, forward contracts, swaps, and certain mortgage-backed and asset-backed securities. This extensive use of derivatives is primarily for hedging purposes, aiming to protect the portfolio against key investment risks like interest rate fluctuations and adverse foreign currency movements.
Fund profile
Top holdings
| Holding | Weight | |
|---|---|---|
| USD Pending Dividends | 1.61% | |
| Rakuten Group Inc 9.75% 04/15/2029 | 0.71% | |
| Core Scientific Finance I LLC 7.75% 05/15/2031 | 0.67% | |
| American Airlines Inc 7.25% 02/15/2028 | 0.66% | |
| Venture Global LNG Inc 9.50% 02/01/2029 | 0.60% | |
| APLD ComputeCo 2 LLC 6.75% 03/15/2031 | 0.58% | |
| Edged Compute LLC 7.50% 04/30/2031 | 0.58% | |
| Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC 5.75% 03/31/2034 | 0.57% | |
| Clarivate Science Holdings Corp 3.88% 07/01/2028 | 0.57% | |
| Sunoco LP / Sunoco Finance Corp 5.88% 03/15/2028 | 0.56% |
Geographic allocation
| Other | 99.97% |
| United States | 0.03% |
PortView Portfolio Insights
PortView analyzes how GTOQ fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.
Analyze GTOQ in PortView →Related securities
Related stocks
Frequently asked questions
- What does GTOQ track?
- GTOQ is the Invesco High Yield Systematic Bond ETF, a Other ETF.
- What is the expense ratio of GTOQ?
- Expense ratio data for GTOQ is shown on the page when available from our data provider.
- What are the largest holdings in GTOQ?
- Top holdings include USD Pending Dividends, Rakuten Group Inc 9.75% 04/15/2029, Core Scientific Finance I LLC 7.75% 05/15/2031, American Airlines Inc 7.25% 02/15/2028, Venture Global LNG Inc 9.50% 02/01/2029.
- How can PortView analyze GTOQ overlap with other ETFs?
- PortView computes the holdings overlap between GTOQ and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.
The information provided by PortView is for informational and educational purposes only and does not constitute investment advice. Market data may be delayed. Past performance does not guarantee future results.