Invesco Total Return Bond ETF
Invesco Actively Managed Exchange-Traded Fund Trust · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
Invesco Total Return Bond ETF is an actively managed U.S. bond ETF.
- Asset class
- Bonds
- Region
- United States
- Management
- Actively managed
- Fund type
- ETF
- Credit quality
- Investment grade
- Rate sensitivity
- Intermediate duration
Fund profile
As filed in the prospectus · 2026 Q1
The Invesco Total Return Bond ETF (the Fund) seeks maximum total return, comprised of income and capital appreciation.
The fund seeks maximum total return by investing across fixed income instruments of any credit quality, including corporate debt, Treasury securities, mortgage-backed securities, asset-backed securities, municipal bonds, bank loans, and derivatives, with day-to-day management delegated to Invesco Advisers as sub-adviser. The sub-adviser targets at least 75% of corporate debt investments in issuances of sufficient size ($100 million par in developed markets, $200 million in emerging markets) and may allocate up to one-third of assets to high-yield debt. The fund may use leverage through reverse repurchase agreements and borrowing, and may employ derivatives including swaps, forwards, and futures to enhance returns, hedge risks, or adjust portfolio duration.
| Share class | Expense ratio |
|---|---|
| GTO | 0.35% |
Portfolio turnover 629.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Bonds | 65.94% |
| Securitized | 56.04% |
| Cash & short-term | 5.88% |
| Loans | 2.02% |
| 2 smaller | 0.61% |
Look-through blends 4 underlying funds; 0.0% of NAV was not looked through and stays direct-classified.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Securitized | 40.2% |
| Government | 16.6% |
| Other | 13.1% |
| International | 8.8% |
| 12 smaller | 21.3% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Latest quarter
What changed since the fund's previous filing
Largest new: Uniform Mortgage-Backed Securities ×4, U.S. Treasury Notes/Bonds ×4
Largest exited: Invesco Government & Agency Portfolio, U.S. Treasury Notes/Bonds ×2, Uniform Mortgage-Backed Securities ×5
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 68.5% |
| Floating rate | 30.5% |
| Zero-coupon or unclassified | 1.0% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 1.3% |
| 1-3y | 11.7% |
| 3-5y | 13.4% |
| 5-10y | 25.3% |
| 10y+ | 46.5% |
| Unknown | 2.0% |
These three overlap — one holding can be in arrears and paying in kind at once — so they are shown separately and never summed.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
Most of this fund’s sensitivity is to interest rates, with credit spreads carrying nearly as much.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Interest rates | 53% |
| Credit spreads | 47% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| Investment grade | +4.87 yr |
| High yield | +0.39 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 3 mo | 0.02 yr | 0% |
| 1 yr | 0.75 yr | 13% |
| 5 yr | 1.65 yr | 28% |
| 10 yr | 2.24 yr | 38% |
| 30 yr | 1.17 yr | 20% |
| 3 mo | 0.03 yr | 1% |
| 1 yr | 0.66 yr | 13% |
| 5 yr | 1.97 yr | 38% |
| 10 yr | 1.95 yr | 37% |
| 30 yr | 0.64 yr | 12% |
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.02 | +0.03 | +0.00 | $6.1k | $494 |
| 1 yr | +0.75 | +0.61 | +0.05 | $138.6k | $11.0k |
| 5 yr | +1.65 | +1.79 | +0.19 | $403.9k | $41.9k |
| 10 yr | +2.24 | +1.85 | +0.11 | $417.7k | $24.0k |
| 30 yr | +1.17 | +0.59 | +0.05 | $133.6k | $10.6k |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | Invesco Private Prime Fund | 4.28% | $96.74M | — |
| — | Uniform Mortgage-Backed Securities5.00% · due 2056-05-01 | 3.30% | $74.64M | — |
| — | U.S. Treasury Notes/Bonds4.63% · due 2055-11-15 | 3.21% | $72.56M | — |
| — | U.S. Treasury Notes/Bonds4.13% · due 2036-02-15 | 2.95% | $66.78M | — |
| — | Uniform Mortgage-Backed Securities2.50% · due 2056-05-01 | 2.91% | $65.73M | — |
| — | Uniform Mortgage-Backed Securities2.00% · due 2056-05-01 | 2.82% | $63.74M | — |
| — | Uniform Mortgage-Backed Securities3.00% · due 2056-05-01 | 2.44% | $55.12M | — |
| — | U.S. Treasury Notes/Bonds3.88% · due 2029-04-15 | 2.27% | $51.23M | — |
| — | U.S. Treasury Notes/Bonds3.88% · due 2031-03-31 | 2.12% | $47.90M | — |
| — | U.S. Treasury Notes/Bonds3.88% · due 2028-03-31 | 1.61% | $36.31M | — |
Top 10 positions are 27.90% of net assets, top 25 43.66%, across 729 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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