Invesco International Corporate Bond ETF Price & Performance (PICB)

RBC Global Asset Management has revised the risk rating for its Target 2029 U.S. Corporate Bond ETF, lowering it from "Low to Medium" to "Low." This adjustment follows an annual review and aligns with regulatory methodologies. The change does not impact the ETF's investment strategy or management.1

Major corporate bond ETFs, including JPMorgan Ultra-Short Income ETF, saw significant outflows, with JPST losing $318 million. This trend reflects investor caution amid market volatility and a correction in the S&P 500. Meanwhile, equity ETFs like Vanguard S&P 500 ETF attracted substantial inflows.2

IFP Advisors Inc. has invested $59,000 in Invesco BulletShares 2028 High Yield Corporate Bond ETF. The fund, which tracks high-yield bonds maturing in 2028, has a market price near its 52-week high. This move highlights ongoing interest in targeted bond strategies.3