Invesco Fundamental High Yield Corporate Bond ETF Price & Performance (PHB)

Invesco Bond Fund (NYSE:VBF) saw a nearly 300% jump in short interest during April, with shares sold short rising from 7,100 to 28,200. Despite this, the fund continues its monthly $0.07 dividend payout, yielding over 5.4%. Institutional investors have also increased their stakes in recent months.12

High-yield bond ETFs experienced significant outflows this April, losing about $3.6 billion as investors favored safer Treasury bonds. The move reflects a broader shift away from riskier credit amid tight spreads and recent market turbulence. Bank-loan and corporate-bond ETFs also faced notable redemptions.34

Invesco posted 5.3% organic growth and a 30% year-over-year increase in operating income in Q1 2025. The firm announced a quarterly dividend hike to $0.21 per share and a $1 billion preferred stock repurchase, signaling confidence in its cash flow and capital structure.56