FAGB Stock Price, Chart, Stats & News

The Invesco US High Yield Fallen Angels UCITS ETF, specifically its GBP Hedged Accumulation share class, aims to replicate the total return performance of the FTSE Time-Weighted US Fallen Angel Bond Select Index (referred to as the "Reference Index"), after deducting its own expenses. This particular share class also employs foreign exchange transactions to minimize exposure to currency fluctuations between the US Dollar and British Pound. The Reference Index is constructed to track "fallen angels" – bonds that originally held investment-grade ratings but have since been downgraded to high-yield status.