# Invesco US High Yield Fallen Angels UCITS ETF Acc (FAGB) **Page:** https://fundology.uk/fund/fagb · ISIN IE00BYVTN047 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, FAGB (Invesco US High Yield Fallen Angels UCITS ETF Acc, ISIN IE00BYVTN047) closed at £30.04 on the London Stock Exchange. Its ongoing charge is 0.50% a year (about £50 on £10,000). Over the five years to 13/11/2026 its total return was +4.1%, or −18.8% after UK CPIH inflation. ## Summary Invesco US High Yield Fallen Angels UCITS ETF Acc is an exchange-traded fund (ETF) from Invesco, launched in 2017. It tracks the FTSE Time-Weighted US Fallen Angel Bond Select Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.5% a year — about £50 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. Latest close: **£30.04** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | FAGB | | ISIN | IE00BYVTN047 | | Category | Corporate & other bonds | | Type | ETF | | Provider | Invesco | | Tracks | FTSE Time-Weighted US Fallen Angel Bond Select Index | | Income | Accumulating | | Ongoing charge | 0.50% a year (£50 per £10,000) | | Fund size | £882k | | Launched | 2017 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 17/10/2017 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | -0.03% | -3.57% | income reinvested | | 3 years | +19.76% | +8.20% | income reinvested | | 5 years | +4.07% | -18.76% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Invesco US High Yield Fallen Angels UCITS ETF Acc in pounds (price, with income reinvested in the fund): 2022 −15.1%, 2023 +9.0%, 2024 +4.5%, 2025 +8.9%; 2026 to 13/11/2026 −0.8%. Returns of Invesco US High Yield Fallen Angels UCITS ETF Acc in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −0.1%; to 30/09/2025: +7.7%; to 30/09/2024: +13.4%; to 30/09/2023: +3.8%; to 30/09/2022: −17.1%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -15.1% | -22.3% | Price | | 2023 | +9.0% | +4.7% | Price | | 2024 | +4.5% | +1.0% | Price | | 2025 | +8.9% | +5.2% | Price | | 2026 to 13/11/2026 | -0.8% | -4.0% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 5.19% | -4.75% | | 3 years | 5.47% | -4.75% | | 5 years | 7.05% | -18.45% | ## Largest fall Volatility of Invesco US High Yield Fallen Angels UCITS ETF Acc in pounds, annualised from weekly returns to 13/11/2026: 5.2% over 1 year, 5.5% over 3 years, 7.1% over 5 years. Largest fall in the price of Invesco US High Yield Fallen Angels UCITS ETF Acc since November 2021, in pounds: −18.2% from 19/11/2021 to 14/10/2022. The lowest 12-month return of Invesco US High Yield Fallen Angels UCITS ETF Acc in pounds (price, with income reinvested in the fund) since January 2021 was −17.7% (12 months to 14/10/2022); the highest was +16.1% (12 months to 18/10/2024). On 13/11/2026 the price of Invesco US High Yield Fallen Angels UCITS ETF Acc was 2.7% below its highest weekly close since November 2021 (03/07/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Invesco US High Yield Fallen Angels UCITS ETF Acc 0.50% a year. Compared on 14/11/2026, 51 of the 427 other corporate and other bond funds charge more, 16 the same and 360 less (share classes counted once). ## Funds tracking the same index 4 funds track FTSE Time-Weighted US Fallen Angel Bond Select Index, this one included and share classes counted once; their ongoing charges range from 0.45% to 0.83% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Invesco US High Yield Fallen Angels UCITS ETF | 0.45% | -0.5% | +14.5% | +9.4% | | Invesco US High Yield Fallen Angels UCITS ETF - Accum Shs USD | 0.45% | -0.2% | — | — | | Invesco US High Yield Fallen Angels UCITS ETF Acc (this fund) | 0.50% | -0.0% | +19.8% | +4.1% | | Invesco US High Yield Fallen Angels UCITS ETF EUR Hedged Acc | 0.83% | -6.1% | +11.0% | -5.0% | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.50%** per year - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## What it holds As of 12/11/2026, FAGB holds 85 positions, according to its published holdings. The largest is Six Flags Entertainment Corp /Six 6.625% 01/05/32 at 3.75% of the fund; the ten largest make up 28.6%. ### Top holdings Largest positions (as of 12/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | Six Flags Entertainment Corp /Six 6.625% 01/05/32 | — | 3.75% | | 2 | CVS Health Corp VAR 10/03/55 | — | 3.64% | | 3 | GFL Environmental Inc 6.75% 15/01/31 | — | 3.26% | | 4 | VF Corp 2.95% 23/04/30 | — | 2.90% | | 5 | Nissan Motor Co Ltd 4.81% 17/09/30 | — | 2.73% | | 6 | Electronic Arts Inc 1.85% 15/02/31 | — | 2.53% | | 7 | Advance Auto Parts Inc 3.9% 15/04/30 | — | 2.51% | | 8 | Huntsman International LLC 4.5% 01/05/29 | — | 2.51% | | 9 | Electronic Arts Inc 2.95% 15/02/51 | — | 2.50% | | 10 | Alcoa Nederland Holding BV 4.125% 31/03/29 | — | 2.32% | ## Where it invests Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed. ### By type of asset Added up from the fund’s published holdings, as of 12/11/2026. | Type of asset | Weight | |---|---| | Bonds | 99.9% | | Cash and money market | 0.1% | All 85 holdings: https://fundology.uk/fund/fagb/holdings ## Questions people ask **What is the ongoing charge of FAGB?** The ongoing charge of FAGB is 0.50% a year — about £50 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Invesco US High Yield Fallen Angels UCITS ETF Acc 0.50% a year. Compared on 14/11/2026, 51 of the 427 other corporate and other bond funds charge more, 16 the same and 360 less (share classes counted once). **What does FAGB track?** FAGB tracks the FTSE Time-Weighted US Fallen Angel Bond Select Index. **Is FAGB accumulating or distributing?** FAGB is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of FAGB?** The ISIN of FAGB is IE00BYVTN047. An ISIN identifies one exact share class of a fund; FAGB is its ticker on the London Stock Exchange. **What does FAGB hold?** As of 12/11/2026, FAGB holds 85 positions, according to its published holdings. The largest is Six Flags Entertainment Corp /Six 6.625% 01/05/32 at 3.75% of the fund; the ten largest make up 28.6%. Its ten largest holdings are Six Flags Entertainment Corp /Six 6.625% 01/05/32 (3.75%), CVS Health Corp VAR 10/03/55 (3.64%), GFL Environmental Inc 6.75% 15/01/31 (3.26%), VF Corp 2.95% 23/04/30 (2.90%), Nissan Motor Co Ltd 4.81% 17/09/30 (2.73%), Electronic Arts Inc 1.85% 15/02/31 (2.53%), Advance Auto Parts Inc 3.9% 15/04/30 (2.51%), Huntsman International LLC 4.5% 01/05/29 (2.51%), Electronic Arts Inc 2.95% 15/02/51 (2.50%) and Alcoa Nederland Holding BV 4.125% 31/03/29 (2.32%). **What were FAGB’s returns in each of the last five years?** Calendar-year returns of FAGB in pounds (price, with income reinvested in the fund): 2022 −15.1%, 2023 +9.0%, 2024 +4.5%, 2025 +8.9%; 2026 to 13/11/2026 −0.8%. Past performance is not a guide to future returns. **How has FAGB done after inflation?** Over the five years to 13/11/2026 FAGB’s total return was +4.1%, or −18.8% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.