Invesco Ultra Short Duration ETF
Invesco Actively Managed Exchange-Traded Fund Trust · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
Invesco Ultra Short Duration 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
- Short duration
Fund profile
As filed in the prospectus · 2026 Q1
The Invesco Ultra Short Duration ETF (the Fund) seeks maximum current income, consistent with preservation of capital and daily liquidity.
The fund pursues a low-duration strategy, holding a diversified portfolio of fixed-income securities with average duration under one year—including Treasury securities, investment-grade corporate bonds rated Baa3 or higher, commercial paper, repurchase agreements, and bank obligations—with up to 10% in high-yield securities and up to 20% in foreign-currency debt. Day-to-day investment decisions are delegated to Invesco Advisers, Inc. as sub-adviser. Because the fund's returns depend on the sub-adviser's security selection and the fund may hold securities whose credit quality or liquidity changes after purchase, performance will diverge from Treasury bills and money market funds. The fund is not a money market fund and does not maintain a stable $1.00 net asset value.
| Share class | Expense ratio |
|---|---|
| GSY | 0.22% |
Portfolio turnover 41.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Bonds | 80.83% |
| Securitized | 17.81% |
| Cash & short-term | 2.10% |
| Loans | 0.00% |
Look-through blends 2 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
| Other | 24.4% |
| Financials | 17.7% |
| Securitized | 17.0% |
| International | 16.7% |
| 12 smaller | 24.2% |
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: American Tower Corp., Haleon US Capital LLC, U.S. Treasury Notes/Bonds, U.S. Treasury Bills ×2, Brunswick Corp., Global Payments Inc., NatWest Group PLC
Largest exited: Genuine Parts Co., Brookfield BRP Holdings Canada Inc., Brunswick Corp., HA Sustainable Infrastructure Capital, Inc., Crown Castle Inc., Air Lease Corp., Ionic Funding LLC, TELUS Corp.
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.
| Floating rate | 52.1% |
| Fixed rate | 46.5% |
| Zero-coupon or unclassified | 1.4% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 35.5% |
| 1-3y | 47.1% |
| 3-5y | 6.0% |
| 5-10y | 3.9% |
| 10y+ | 7.4% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
More of this fund’s sensitivity sits in credit spreads than in interest rates — a rate rally that comes with a credit selloff works against it.
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.
| Credit spreads | 66% |
| Interest rates | 34% |
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 | +1.23 yr |
| High yield | +0.01 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 | 0.06 yr | 10% |
| 1 yr | 0.43 yr | 65% |
| 5 yr | 0.14 yr | 22% |
| 10 yr | 0.02 yr | 3% |
| 30 yr | 0.00 yr | 0% |
| 3 mo | 0.07 yr | 6% |
| 1 yr | 0.77 yr | 62% |
| 5 yr | 0.39 yr | 31% |
| 10 yr | 0.01 yr | 1% |
| 30 yr | 0.00 yr | 0% |
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 | +0.06 | +0.07 | +0.00 | $23.9k | $75 |
| 1 yr | +0.43 | +0.77 | +0.00 | $266.8k | $993 |
| 5 yr | +0.14 | +0.38 | +0.01 | $132.7k | $2.2k |
| 10 yr | +0.02 | +0.01 | +0.00 | $3.7k | $1.1k |
| 30 yr | +0.00 | +0.00 | +0.00 | $17 | $0 |
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 | 0.89% | $30.90M | — |
| — | American Tower Corp.2.75% · due 2027-01-15 | 0.74% | $25.67M | — |
| — | Jefferies Financial Group Inc.4.50% · due 2026-09-15 | 0.72% | $25.02M | — |
| — | Haleon US Capital LLC3.38% · due 2027-03-24 | 0.71% | $24.80M | — |
| — | U.S. Treasury Notes/Bonds3.38% · due 2028-02-29 | 0.71% | $24.78M | — |
| — | Oracle Corp.0.00% · due 2026-07-23 | 0.71% | $24.74M | — |
| — | U.S. Treasury Bills0.00% · due 2027-03-18 | 0.70% | $24.21M | — |
| — | U.S. Treasury Bills0.00% · due 2027-04-15 | 0.70% | $24.14M | — |
| — | Brunswick Corp.0.00% · due 2026-05-05 | 0.69% | $23.99M | — |
| — | Global Payments Inc.0.00% · due 2026-05-04 | 0.63% | $21.79M | — |
Top 10 positions are 7.21% of net assets, top 25 15.94%, across 253 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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