ducovest

PGHY:ARCA-PowerShares Global Short Term High Yield Bond Portfolio (USD)

ETF | High Yield Bond | NYSE Arca

Last Closing

USD 19.54

Change

+0.02 (+0.09)%

Market Cap

USD 0.07B

Volume

0.05M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the DB Global Short Maturity High Yield Bond Index. The fund generally will invest at least 80% of its total assets in U.S. and foreign short-term, non-investment grade bonds included in the underlying index, all of which are denominated in U.S. dollars. It is non-diversified.

Company Website : www.invescopowershares.com

Currency: USD

Country : USA

Inception Date: 17/06/2013

Primary Benchmark: DB Global Short Maturity HY Bd TR USD

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: 0.35%

Management Expense Ratio: 0.00 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
AGPXX Invesco Short-Term Investments Trust Government & Agency Portfolio Institutional 0.30 %
CMLS Cumulus Media Inc Class A 0.00 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-06 )

Largest Industry Peers for High Yield Bond

Symbol Name Mer Price(Change) Market Cap
HYG iShares iBoxx $ High Yield Cor.. 0.49 %

N/A

 USD 14.91B
JNK SPDR® Bloomberg High Yield Bo.. 0.40 %

N/A

 USD 8.43B
SHYG iShares 0-5 Year High Yield Co.. 0.30 %

N/A

 USD 6.07B
SJNK SPDR® Bloomberg Short Term Hi.. 0.40 %

N/A

 USD 4.52B
HYLB Xtrackers USD High Yield Corpo.. 0.20 %

N/A

 USD 3.21B
HYGV FlexShares® High Yield Value-.. 0.37 %

N/A

 USD 1.39B
HYS PIMCO 0-5 Year High Yield Corp.. 0.56 %

N/A

 USD 1.22B
PHB Invesco Fundamental High Yield.. 0.50 %

N/A

 USD 0.64B
FDHY Fidelity® High Yield Factor E.. 0.45 %

N/A

 USD 0.30B
HYGH iShares Interest Rate Hedged H.. 0.05 %

N/A

 USD 0.25B

ETFs Containing PGHY

DWIN 0.00 % 0.25 %

N/A

 N/A

Market Performance

  Market Performance vs. Industry/Classification (High Yield Bond) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.05% 94% A 38% F
Dividend Return 2.56% 82% B 84% B
Total Return 2.61% 94% A 45% F
Trailing 12 Months  
Capital Gain 2.04% 24% F 38% F
Dividend Return 8.44% 94% A 87% B+
Total Return 10.48% 94% A 48% F
Trailing 5 Years  
Capital Gain -15.72% 18% F 29% F
Dividend Return 18.72% 47% F 69% C-
Total Return 3.00% 12% F 31% F
Average Annual (5 Year Horizon)  
Capital Gain -3.52% 24% F 25% F
Dividend Return 0.30% 12% F 28% F
Total Return 3.83% 35% F 70% C-
Risk Return Profile  
Volatility (Standard Deviation) 6.63% 76% C+ 88% B+
Risk Adjusted Return 4.53% 12% F 30% F
Market Capitalization 0.07B 35% F 28% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.