(PHB) Invesco Fundamental High - Ratings and Ratios

The Invesco Fundamental High Yield® Corporate Bond ETF (NYSE ARCA: PHB) is designed to track the performance of U.S. dollar-denominated, high-yield corporate bonds that are SEC-registered securities. The fund typically invests at least 80% of its total assets in the components of its underlying index. The index is compiled and calculated by Research Affiliates, LLC or its agent, following predefined guidelines and procedures. This ETF provides exposure to high-yield corporate debt, targeting income-focused investors. For more information, visit http://www.invesco.com/us.

Ticker Symbol: PHB
Exchange: NYSE ARCA
Type: ETF
Country Origin: USA
ETF Category: High Yield Bond

Based on the provided and , here is a 3-month forecast:

Over the next three months, PHB is expected to maintain its current trajectory, with potential for slight upward movement. The SMA 20, SMA 50, and SMA 200 are all trending slightly below the last price of 18.31, suggesting potential bullish momentum. The ATR of 0.06 indicates low volatility, which may stabilize the funds price movements. With an AUM of $332.90M USD, the fund has sufficient scale to maintain liquidity and track its underlying index effectively.