Invesco Short Duration Bond ETF
ISDB
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Dec 13, 2022
- Similar Companies
- Business
- Invesco Short Duration Bond ETF (ISDB) is an actively managed exchange-traded fund that seeks total return through a combination of current income and capital appreciation by investing at least 80% of its net assets in fixed-income securities, including investment-grade corporate bonds, high-yield bonds, U.S. agency securities, U.S. Treasury securities, sovereign debt, derivatives such as futures contracts, and other instruments with similar economic characteristics; the fund targets a portfolio with average maturity and duration between one and three years, featuring sector allocations led by financials (approximately 25%), derivatives (19%), consumer discretionary (8%), and U.S. agency securities (8%), with top holdings including CBOT 2-Year U.S. Treasury Note Futures, United States Treasury Notes, and corporate notes from issuers like Morgan Stanley Bank, NatWest Group, Barclays, and Ford Motor Credit. ISDB operates primarily in U.S. dollar-denominated securities with exposure to the United States (over 85% of holdings), United Kingdom, Ireland, Canada, and other countries, serving institutional and retail investors seeking short-duration fixed-income exposure amid interest rate fluctuations. Launched on December 9, 2022, and managed by Invesco Capital Management LLC, a subsidiary of Invesco Ltd., headquartered in Atlanta, Georgia, the ETF is listed on the BATS exchange with assets under management of approximately $10 million and a net expense ratio of 0.36%. In February 2025, the fund underwent a significant reorganization, changing its name to Invesco Short Duration Total Return Bond ETF, adopting the new ticker symbol GTOS, and reducing its management fee to 30 basis points to enhance cost efficiency and competitiveness in the short-duration bond ETF segment. This rebranding aligns with Invesco Ltd.'s broader strategic initiatives, including a major April 2025 agreement with MassMutual to repurchase $1 billion of preferred stock and establish a new product and distribution partnership with Barings, aimed at strengthening Invesco's balance sheet, expanding client solutions, and improving leverage while maintaining share repurchases and dividend growth. These changes reflect Invesco's focus on optimizing its ETF lineup amid evolving fixed-income market dynamics, with no other major acquisitions, funding rounds, or product launches specific to ISDB reported in the last two years.