Invesco Euro Government Bond 3-5 Year UCITS ETF Dist

The Invesco Euro Government Bond 3-5 Year UCITS ETF Dist is an exchange-traded fund that tracks the Bloomberg Euro Government Select 3-5 Year Index, focusing on euro-denominated government bonds from France, Germany, Italy, the Netherlands, and Spain with maturities between three and five years. Launched on 28 August 2019 and domiciled in Ireland, this physically replicated, UCITS-compliant ETF employs a long-only strategy and distributes dividends quarterly, offering investors exposure to investment-grade sovereign debt with a current dividend yield around 2.50% over the past year. Key features include a low ongoing charge of 0.10% per annum, an effective duration of approximately 3.71 years, and a fund size of about EUR 201 million, providing liquidity and cost efficiency in the fixed-income space. Top holdings predominantly feature French government bonds, alongside German Bunds and Spanish issues, with credit ratings spanning AAA to BBB, emphasizing stability in the Eurozone government bond market. This ETF serves as a targeted vehicle for intermediate-term eurozone sovereign bond exposure, balancing yield and moderate interest rate sensitivity.