Invesco International Corporate Bond ETFPICB
PICB
0
Funds holding %
of 7,312 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
8% more funds holding
Funds holding: 37 [Q4 2024] → 40 (+3) [Q1 2025]
2% more capital invested
Capital invested by funds: $86.8M [Q4 2024] → $88.3M (+$1.45M) [Q1 2025]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]
0.77% less ownership
Funds ownership: 70.56% [Q4 2024] → 69.79% (-0.77%) [Q1 2025]
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
Research analyst outlook
We haven’t received any recent analyst ratings for PICB.
Financial journalist opinion
Negative
Seeking Alpha
1 month ago
PICB: A Currency Hedge For Americans More Than Anything Else
Invesco International Corporate Bond ETF is designed as a hedge or diversification tool for US dollar-based investors, offering exposure to non-USD investment-grade bonds. The fund's primary risk and return driver is the US dollar's value vs. G10 currencies, not just bond yields or credit risk. PICB has underperformed over the past decade, but its purpose is to protect against USD weakness, not to outperform in all conditions.
Positive
Seeking Alpha
4 months ago
Foreign Stocks, Commodities Lead Major Asset Classes This Year
Global equities ex-US are the leaders, along with a broad measure of commodities, based on a set of ETFs through Friday's close. Vanguard FTSE Developed Markets ETF has rallied 7.2% so far this year.
Neutral
Seeking Alpha
9 months ago
Emerging Markets Stocks Tied With U.S. Equities Year To Date
Exclude China and broadly defined EM stocks are posting substantially softer results, based on a set of ETFs through Friday's close. US shares are effectively neck and next with EM so far in 2024.
Positive
ETF Trends
10 months ago
Diversify and Cultivate Income With Global Bond ETFs
One lesson to be taken away from August's stock market volatility is why diversification is so important. For now, the market does seem to be in good shape following Wednesday's as-expected CPI results.
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