Invesco Core Fixed Income ETF (GTOC) is an actively managed exchange-traded fund launched by Invesco that seeks total return by investing primarily in U.S. investment-grade fixed income securities; the fund is managed by Invesco Capital Management LLC and co-managed by Invesco Advisers, Inc., and it is headquartered in the United States. The ETF was formed on July 23, 2025, and trades on Cboe under the ticker GTOC.
The fund’s core strategy is to build a diversified portfolio of investment-grade bond exposures across multiple fixed income sectors, using direct holdings and derivatives; its permitted investments include domestic and foreign corporate debt obligations; domestic and foreign government debt obligations, including U.S. Government securities; mortgage-related securities; asset-backed securities; and other debt obligations rated BBB-/Baa3 or higher, or the equivalent. It may also use forwards, swaps, futures and options to manage portfolio positioning and duration across varying maturities.
GTOC is positioned as a core bond ETF for investors seeking broad fixed income exposure, with its portfolio focused on U.S. investment-grade markets and a non-index, actively managed approach. Public fund data show a diversified portfolio with hundreds of holdings and significant exposure to U.S. Treasuries, agency mortgage securities and interest rate futures, reflecting a broad core fixed income mandate.
Over the last 1-2 years, the fund’s major development has been its launch and market listing in 2025, with continued portfolio build-out and active management since inception. Recent publicly available fund data also indicate ongoing asset growth and portfolio rebalancing, with assets under management reported in the low-to-mid hundreds of millions of dollars and recent holdings updates showing continued use of Treasury and mortgage-related positions.