(PGHY) Invesco Global Short Term - Ratings and Ratios

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US46138E6692 • High Yield Bond

PGHY: High-Yield, Corporate, Bonds, Debt, Securities, Fixed-Income

The Invesco Global Short Term High Yield Bond ETF (PGHY) is designed to track the performance of the underlying index, which focuses on U.S. dollar-denominated, high-yield corporate debt issued by non-U.S. entities in both domestic and eurobond markets. The fund invests at least 80% of its total assets in the components of this index, ensuring alignment with its investment objective. By targeting below-investment-grade debt, PGHY offers exposure to higher-yield opportunities in the global short-term credit market, with a focus on non-U.S. issuers.

From a technical perspective, PGHY has shown stability in recent trading, with a 20-day moving average of $19.90 and a last price of $19.95, indicating slight upward momentum. The 50-day moving average at $19.72 and the 200-day moving average at $19.28 suggest a neutral to slightly bearish longer-term trend. Average trading volume of 41,455 shares over the past 20 days reflects moderate liquidity. The Average True Range (ATR) of 0.16 highlights low volatility, making it a relatively stable investment option in the high-yield bond ETF category.

Based on the provided data, the 3-month forecast for PGHY is as follows: - Price Movement: Expect sideways to slightly upward movement, with resistance near $20.00 and support around $19.50. - Volatility: The low ATR suggests continued stability, with minimal price fluctuations. - Fundamentals: With an AUM of $147.43M, PGHY maintains a solid asset base, indicating investor confidence. However, the macroeconomic environment, including interest rate changes and credit market conditions, will be critical drivers of performance. - Technical Levels: The 50-day and 200-day moving averages will remain key indicators to watch, as they currently signal a neutral to bearish trend that could persist in the near term.

Additional Sources for PGHY ETF

PGHY ETF Overview

Market Cap in USD 148m
Category High Yield Bond
TER 0.35%
IPO / Inception 2013-06-20

PGHY ETF Ratings

Growth 5y 60.8%
Fundamental -
Dividend 72.9%
Rel. Strength Industry 6.8
Analysts -
Fair Price Momentum 20.43 USD
Fair Price DCF -

PGHY Dividends

Dividend Yield 12m 6.89%
Yield on Cost 5y 9.02%
Annual Growth 5y 4.01%
Payout Consistency 93.9%

PGHY Growth Ratios

Growth Correlation 3m 86.4%
Growth Correlation 12m 95.8%
Growth Correlation 5y 63.5%
CAGR 5y 5.84%
CAGR/Max DD 5y 0.52
Sharpe Ratio 12m 1.70
Alpha 2.89
Beta 0.12
Volatility 5.70%
Current Volume 36.5k
Average Volume 20d 28.3k
What is the price of PGHY stocks?
As of March 15, 2025, the stock is trading at USD 19.88 with a total of 36,464 shares traded.
Over the past week, the price has changed by -0.54%, over one month by -0.44%, over three months by +1.31% and over the past year by +7.87%.
Is Invesco Global Short Term a good stock to buy?
Yes. Based on ValueRay Analyses, Invesco Global Short Term (NYSE ARCA:PGHY) is currently (March 2025) a good stock to buy. It has a ValueRay Growth Rating of 60.79 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of PGHY as of March 2025 is 20.43. This means that PGHY is currently overvalued and has a potential downside of 2.77%.
Is PGHY a buy, sell or hold?
Invesco Global Short Term has no consensus analysts rating.
What are the forecast for PGHY stock price target?
According to ValueRays Forecast Model, PGHY Invesco Global Short Term will be worth about 22.1 in March 2026. The stock is currently trading at 19.88. This means that the stock has a potential upside of +11.17%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 22.1 11.2%