GSY icon

Invesco Ultra Short Duration ETF

50.22 USD
+0.02
0.04%
At close Dec 20, 4:00 PM EST
After hours
50.23
+0.01
0.02%
1 day
0.04%
5 days
0.04%
1 month
0.44%
3 months
-0.30%
6 months
0.32%
Year to date
0.72%
1 year
0.94%
5 years
-0.46%
10 years
0.44%
0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

67% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 5 (+2) [Q3]

10% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 29

1% more funds holding

Funds holding: 216 [Q2] → 219 (+3) [Q3]

8% more repeat investments, than reductions

Existing positions increased: 79 | Existing positions reduced: 73

9% less capital invested

Capital invested by funds: $1.59B [Q2] → $1.44B (-$144M) [Q3]

10.7% less ownership

Funds ownership: 73.77% [Q2] → 63.07% (-10.7%) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for GSY.

Financial journalist opinion

Neutral
ETF Trends
1 month ago
More Money Market Substitutes Taking Shape
Investors have been married to their money market funds for the better part of the last two years. But a recent poll from VettaFi's Q4 Fixed Income Symposium in October showed more market participants may finally be willing to break out of their comfort zones and redeploy those funds into riskier assets.
More Money Market Substitutes Taking Shape
Neutral
Seeking Alpha
3 months ago
Rates Spark: ECB Presser Bear-Flattened The Curve
The ECB cut rates by 25bp as widely anticipated, but a slightly hawkish tilt bear flattened the EUR curve, which in our view remains priced aggressively. In the US, as the markets head towards the Fed's first rate cut, the probability of a larger cut rose slightly on Thursday.
Rates Spark: ECB Presser Bear-Flattened The Curve
Positive
Zacks Investment Research
4 months ago
Ultra Short-Term Bond ETF (GSY) Hits New 52-Week High
For investors seeking momentum, Invesco Ultra Short Duration ETF GSY is probably on the radar. The fund just hit a 52-week high and is up 1.1% from its 52-week low price of $49.61/share.
Ultra Short-Term Bond ETF (GSY) Hits New 52-Week High
Positive
Seeking Alpha
4 months ago
GSY: Could Be The Answer To Lower Fed Funds (Rating Upgrade)
The article effectively argues that the Invesco Ultra Short Duration ETF (GSY) is a strong investment choice as the Federal Reserve prepares to cut interest rates. The market anticipates multiple interest rate cuts in 2024 due to lower-than-expected inflation. The author clearly explains the relationship between Fed Funds, short-term yields, and bond duration. GSY's longer duration compared to other short-term cash parking vehicles will help maintain higher yields during rate cuts.
GSY: Could Be The Answer To Lower Fed Funds (Rating Upgrade)
Negative
Zacks Investment Research
8 months ago
No Rate Cut Until 2H of 2024? High-Yield Short-Term Bond ETFs to Buy
The yield on the benchmark 10-year Treasury rose to around 4.38%, hovering at its highest levels of 2024, up from 3.95% recorded at the start of 2024.
Positive
Zacks Investment Research
10 months ago
No Rate Cut Until Summer? High-Yield Short-Term Bond ETFs to Buy
Atlanta Fed President Bostic's insights emphasized the importance of data-driven decision-making and indicated that the first rate should not come before summer time.
No Rate Cut Until Summer? High-Yield Short-Term Bond ETFs to Buy
Positive
Seeking Alpha
10 months ago
Estimating The Impact Of Lower Rates On Bond Fund Dividends
It generally takes a few years for changes in Federal Reserve rates to fully impact bond fund dividends. Bond funds are still benefitting from prior rate hikes. Perhaps by enough to cancel out any future rate cuts. By my estimations, and under current Fed guidance, most bond funds would only start to see declining dividends in 2025, at the earliest.
Positive
Zacks Investment Research
1 year ago
Short-Term Bond ETF (GSY) Hits New 52-Week High
For investors seeking momentum, Invesco Ultra Short Duration ETF GSY is probably on radar. The fund just hit a 52-week high and is up 1.23% from its 52-week low price of $49.29/share.
Short-Term Bond ETF (GSY) Hits New 52-Week High
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