# Invesco Markets II plc - Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF USD (GBHS) **Source:** https://fundology.uk/fund/gbhs · ISIN IE000ZWSN3F7 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## 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 30/09/2026, GBHS (Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF USD, ISIN IE000ZWSN3F7) closed at £4.19 on the London Stock Exchange. Its ongoing charge is 0.25% a year (about £25 on £10,000). Over the three years to 30/09/2026 its total return was +3.6%, or −6.5% after UK CPIH inflation. ## Summary Invesco Markets II plc - Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF USD 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 0.25% a year — about £25 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. Latest close: **£4.19** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | GBHS | | ISIN | IE000ZWSN3F7 | | Category | Corporate & other bonds | | Type | ETF | | Provider | Invesco | | Tracks | Bloomberg MSCI Global High Yield Liquid Corporate Climate Transition ESG Bond Index - Benchmark TR Net | | Income | Distributing | | Ongoing charge | 0.25% a year (£25 per £10,000) | | Fund size | £13.5m | | Launched | 2023 | | Domicile | Ireland | ## Past returns (periods to 30/09/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +1.74% | -1.46% | income reinvested | | 3 years | +3.64% | -6.48% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Charges compared with similar funds Ongoing charge of Invesco Markets II plc - Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF USD 0.25% a year, as of 01/10/2026: 168 of the 383 other corporate and other bond funds charge more, 33 the same and 182 less (share classes counted once). ## 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 | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Invesco Markets II plc - Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Hedged GBP | 0.30% | +1.1% | +7.7% | — | | Invesco Markets II plc - Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF USD (this fund) | 0.25% | +1.7% | +3.6% | — | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.25%** per year - ISA eligible: yes - SIPP eligible: yes ## Top holdings Largest positions (as of 30/09/2026): | Holding | Weight | |---|---| | Windstream Services LLC / Windstre 8.25% 01/10/31 | 0.55% | | Rakuten Group Inc 9.75% 15/04/29 | 0.53% | | Organon & Co / Organon Foreign Deb 4.125% 30/04/28 | 0.51% | | Michaels Cos Inc/The 8.5% 15/03/33 | 0.50% | | 1261229 BC Ltd 10% 15/04/32 | 0.44% | | Carvana Co 9% 01/06/31 | 0.39% | | Ziggo Bond Co BV 3.375% 28/02/30 | 0.37% | | Cinemark USA Inc 5.25% 15/07/28 | 0.33% | | Organon & Co / Organon Foreign Deb 5.125% 30/04/31 | 0.33% | | Sabre GLBL Inc 11.125% 15/07/30 | 0.33% | ## Where it invests Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed. ### By country Added up from the holdings Invesco publishes, as of 30/09/2026. | Country | Weight | |---|---| | United States | 74.5% | | France | 2.4% | | Belgium | 0.6% | | Portugal | 0.4% | | Germany | 0.4% | | Italy | 0.3% | | Norway | 0.0% | | Not classified | 22.1% | All 1,118 holdings: https://fundology.uk/fund/gbhs/holdings --- 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.