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Beacon

GTOInvesco Total Return Bond ETF

Grow my moneyGet income10y track recordRanked #246 of 1,622 in this goal

Seeks maximum total return, comprised of income and capital appreciation.

By Invesco · Launched 2016

Annual Cost

0.35%

#1,706 of 5,562 · low cost

Fund Size

$2.3B

#677 of 5,562 · large

Return (1Y)Goal

+6.0%

Track Record

10 years

#1,390 of 5,562 · established

Performance

Total-return NAV · USD
Growth of $10,000
$10,418+4.2%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 26.2% of fund✓ well diversified

Invesco Private Prime Fund
5.0%
U.S. Treasury Bonds
3.3%
Uniform Mortgage-Backed Securities
3.2%
Uniform Mortgage-Backed Securities
3.1%
Uniform Mortgage-Backed Securities
2.7%
U.S. Treasury Notes
2.4%
Invesco Private Government Fund
1.7%
Uniform Mortgage-Backed Securities
1.6%
U.S. Treasury Notes/Bonds
1.6%
U.S. Treasury Notes/Bonds
1.5%

Asset allocation

Bonds
95.8%
Preferred
1.8%
Cash
1.6%
Convertible
0.6%
Other
0.1%
Stocks
0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
3.4%Low

Year-on-year price swings

Max drawdown
-20.7%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
0.30Below average
Sortino (3Y)
0.42Moderate downside risk

Bond profile

Duration

4.8 years

Avg maturity

9.8 years

Credit ratings

US Government
15.3%
AA
50.0%
A
21.1%
BBB
20.0%
BB
10.7%
B
0.7%
Other
4.3%

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks maximum total return, comprised of income and capital appreciation.
Strategy
Invests primarily in fixed income instruments of varying maturities and credit quality, with at least 80% of net assets in such instruments. May include corporate debt, Treasury securities, CLOs, MBS, ABS, and municipal securities. Up to 33 1/3% may be in high yield debt.
Inception date
February 10, 2016
Fund family
Invesco

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Closet indexing
Warning

Closet indexer — active fees, passive behavior

This fund charges active-management fees but closely tracks its benchmark index. You may be paying a premium for active management that does not meaningfully exist — a combination of high R² versus the benchmark, low tracking error, and a TER sitting well above the passive peer-group median.

R²
94.5%
TE
1.3%
Beta
0.90
Fee
5× 0.07%

Source: Cremers & Petajisto (2009) · Amihud & Goyenko (2013) · ESMA (2016)

Why we flagged this: strategy=active_selection + low_tracking_error+near_market_beta+fee_premium

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-20