ETF · Invesco
GBHG Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Hedged GBP
ISIN IE00020C1NS6London Stock Exchange: GBHGInvesco Ltd.
- Corporate & other bonds
- ETF
- ISA
- SIPP
- Distributing
- Currency hedged
Latest close
LSE£5.50
on
- Ongoing charge
- 0.30% a year
- Fund size
- £139m
Source: TradingView, as of , at least 15 min delayed
At a glance
As of 30/09/2026, GBHG (Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Hedged GBP, ISIN IE00020C1NS6) closed at £5.50 on the London Stock Exchange. Its ongoing charge is 0.30% a year (about £30 on £10,000). Over the three years to 30/09/2026 its total return was +7.7%, or −2.8% after UK CPIH inflation.
Past returns
- 1 year to 30/09/2026
- +1.1%
- −2.1% after inflation (UK CPIH)
- 3 years to 30/09/2026
- +7.7%
- −2.8% after inflation (UK CPIH)
Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of Invesco Markets II plc - Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Hedged GBP in pounds (price only, income paid out not included): 2024 +0.5%, 2025 +1.0%; 2026 to 30/09/2026 −4.8%. Returns of Invesco Markets II plc - Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Hedged GBP in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −5.2%; to 30/09/2025: +0.1%; to 30/09/2024: +6.8%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −4.8% | −7.5% | |
| +1.0% | −2.5% | ||
| +0.5% | −3.0% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −5.2% | Not available |
| from | +0.1% | −3.8% |
| from | +6.8% | +4.1% |
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , inflation: ONS CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
5.3%over 3 years
| 1 year | 5.2% |
|---|---|
| 3 years | 5.3% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since January 2023
- −7.0%
- From to
- Lowest 12-month return
- −5.4%
- 12 months to
- Highest 12-month return
- +8.6%
- 12 months to
- Below its highest weekly close since January 2023
- 6.7%
- High of , latest
In words: Volatility of Invesco Markets II plc - Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Hedged GBP in pounds, annualised from weekly returns to 30/09/2026: 5.2% over 1 year, 5.3% over 3 years. Largest fall in the price of Invesco Markets II plc - Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Hedged GBP since January 2023, in pounds: −7.0% from 03/02/2023 to 20/10/2023. The lowest 12-month return of Invesco Markets II plc - Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Hedged GBP in pounds (price only, income paid out not included) since January 2023 was −5.4% (12 months to 30/09/2026); the highest was +8.6% (12 months to 18/10/2024). On 30/09/2026 the price of Invesco Markets II plc - Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Hedged GBP was 6.7% below its highest weekly close since January 2023 (05/09/2025), in pounds.
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.30%
- a year
- On £10,000
- £30
- a year, roughly
- Over five years
- £149
- of £10,000, before growth
- 232 charge less
- 20 the same
- 131 charge more
Ongoing charge of Invesco Markets II plc - Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Hedged GBP 0.30% a year, as of 01/10/2026: 131 of the 383 other corporate and other bond funds charge more, 20 the same and 232 less (share classes counted once).
Source: Fund ongoing charges via TradingView, as of
A lower charge is not a promise of a higher return: what the fund holds matters more. Charges are the fund’s own published ongoing charges figure.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Invesco Markets II plc - Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Hedged GBP is an exchange-traded fund (ETF) from Invesco, launched in 2023.
It tracks the Bloomberg MSCI Global High Yield Liquid Corporate Climate Transition ESG Bond Index - Benchmark TR Net.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.3% a year — about £30 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is paid out to holders as cash, usually a few times a year.
It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound.
Corporate & other bonds: Loans to companies and other borrowers, which usually pay more interest than government bonds in exchange for more risk.
Terms:ETFIndex fundUCITSAccumulating or incomeCurrency hedgingShare classISIN
Key facts
- Ticker
- GBHG
- ISIN
- IE00020C1NS6
- Provider
- Invesco
- Tracks
- Bloomberg MSCI Global High Yield Liquid Corporate Climate Transition ESG Bond Index
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid quarterly
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.30% a year · about £30 on £10,000
- Fund size
- £139m
- Launched
- Domicile
- Ireland
- Can be held in
- ISA and SIPP
- Currency hedged
- Yes, to pounds
- Price currency
- Pounds (GBP)
- Category
- Corporate & other bonds
Price chart
Since 31/07/2026, the closing price went from £5.68 on 31/07/2026 to £5.50 on 30/09/2026 (−3.2%). The lowest close shown was £5.50 on 30/09/2026 and the highest £5.73 on 14/08/2026.
Chart: closing prices we have recorded since 31/07/2026. Price only — income paid out is not included, so the line can end below the total return above.
Source: TradingView, as of , at least 15 min delayed
Five years of prices, and after inflation
10 weekly closes, from 31/07/2026 to 30/09/2026. The same history in September 2026 pounds, adjusted with ONS CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | Windstream Services LLC / Windstre 8.25% 01/10/31 | 0.55% |
| 2 | Rakuten Group Inc 9.75% 15/04/294755 | 0.53% |
| 3 | Organon & Co / Organon Foreign Deb 4.125% 30/04/28 | 0.51% |
| 4 | Michaels Cos Inc/The 8.5% 15/03/33 | 0.50% |
| 5 | 1261229 BC Ltd 10% 15/04/32 | 0.44% |
| 6 | Carvana Co 9% 01/06/31 | 0.39% |
| 7 | Ziggo Bond Co BV 3.375% 28/02/30 | 0.37% |
| 8 | Cinemark USA Inc 5.25% 15/07/28 | 0.33% |
| 9 | Organon & Co / Organon Foreign Deb 5.125% 30/04/31 | 0.33% |
| 10 | Sabre GLBL Inc 11.125% 15/07/30 | 0.33% |
Source: Invesco, holdings as published, as of , company pages by TradingView
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed.
By country
- United States74.5%
- France2.4%
- Belgium0.6%
- Portugal0.4%
- Germany0.4%
- Italy0.3%
- Norway0.0%
- Not classified22.1%
1,118 holdings are listed for this fund. All 1,118 holdings of GBHG, with the full split by sector, country and type of asset.
All holdings
The fund publishes 1,118 holdings; the ten largest make up 4.3% of it.
Create a free account to see the full holdings list
Sign-up takes an email address. There is no card to enter and nothing to pay.
Sector split
As a share of the whole fund. The source classifies 21.1% of it by sector; bonds, cash and positions it cannot match are left out rather than guessed.
- Finance5.8%
- Communications2.3%
- Retail Trade2.0%
- Non-Energy Minerals1.8%
- Consumer Non-Durables1.3%
- Process Industries1.2%
- Consumer Durables1.1%
- Industrial Services1.1%
- Other classified sectors4.6%
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Funds tracking the same index
2 funds track Bloomberg MSCI Global High Yield Liquid Corporate Climate Transition ESG Bond Index - Benchmark TR Net, this one included and share classes counted once; their ongoing charges range from 0.25% to 0.30% a year (30/09/2026).
| Fund | 1 year |
|---|---|
| Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Hedged GBPThis fundDistributing · Currency hedged · 0.30% a year | +1.1% |
| Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF USDDistributing · 0.25% a year | +1.7% |
Source: TradingView reported returns and fund ongoing charges, as of
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1 and 3 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 142 rolling 12-month returns since January 2023, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since January 2023, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core UK Gilts UCITS ETF, over the three years to 30/09/2026 (146 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of GBHG?
The ongoing charge of GBHG is 0.30% a year — about £30 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 Markets II plc - Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Hedged GBP 0.30% a year, as of 01/10/2026: 131 of the 383 other corporate and other bond funds charge more, 20 the same and 232 less (share classes counted once).
What does GBHG track?
GBHG tracks the Bloomberg MSCI Global High Yield Liquid Corporate Climate Transition ESG Bond Index - Benchmark TR Net.
Is GBHG accumulating or distributing?
GBHG is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.
What is the ISIN of GBHG?
The ISIN of GBHG is IE00020C1NS6. An ISIN identifies one exact share class of a fund; GBHG is its ticker on the London Stock Exchange.
What were GBHG’s returns in each of the last five years?
Calendar-year returns of GBHG in pounds (price only, income paid out not included): 2024 +0.5%, 2025 +1.0%; 2026 to 30/09/2026 −4.8%. Past performance is not a guide to future returns.
How has GBHG done after inflation?
Over the three years to 30/09/2026 GBHG’s total return was +7.7%, or −2.8% after UK CPIH inflation. Past performance is not a guide to future returns.
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Sources and dates
- Prices
- London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
- Returns
- TradingView reported returns (net asset value with income reinvested where available)
- Calendar years, risk
- Fundology, from recorded closes (weekly history from the data vendor where our record is short)
- Inflation
- ONS CPIH, latest month used August 2026
- Charges
- The fund’s ongoing charges figure, via TradingView
- Holdings
- Invesco, as published,
- Identity
- FCA Financial Instruments Reference Data System (FIRDS) and the issuer
- Fund size
- TradingView, converted to pounds at the latest ECB reference rate
Methodology:Data sourcesReturnsCategoriesAll methods
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