(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
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
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 |
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%.
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%.
Invesco Global Short Term has no consensus analysts rating.
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% |