Invesco Emerging Markets Sovereign Debt ETF
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$20.15
- Net Assets:$0 Million
- NAV:$20.21
- Premium-0.3%
- Peer Rank:95 of 104
- Investment Rating:E+
- Performance:D+
- RiskC-
We rate Invesco Emrg Mkt Sovereign Debt at E+. Negative factors that influence this rating include a well below average total return. The fund invests approximately 98% of its assets in bonds and may be considered for investors seeking an Emerging Market Income strategy.
Total return ranks well below peers over the last three years. The Invesco Emrg Mkt Sovereign Debt has returned an annual rate of 3.80% since inception. More recently, the fund has generated a total return of -1.34% in the last five years, -3.25% in the last three years, and 13.49% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 10% of them. It has also outpaced 19% of its competitors on a three year basis and 62% of them over the last year for the period ending 2/29/2024. On a year to date basis, PCY has returned -0.57%.
Downside risk has been above average. PCY has a draw down risk of -39.25%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 17.2%. This fund has had moderate volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As PCY is an exchange traded fund, it has no front end or back end load.
The Invesco Emrg Mkt Sovereign Debt is managed by Peter Hubbard at Invesco Capital Management LLC. This fund is one of 201 Invesco Capital Management LLC exchange-traded funds launched since 3/10/1999 that we track.