ZNOV

About ZNOV

The Invesco Victory Short-Term Bond ETF is a type of exchange-traded fund focusing on short-duration fixed-income securities. Its primary function is to provide investors with exposure to short-term bonds, which are typically bonds with maturities of less than five years. This ETF holds a portfolio of high-quality, short-term bonds, including government, corporate, and agency securities, emphasizing liquidity and credit quality. By concentrating on securities with short durations, the fund aims to offer investors less interest rate risk compared to longer-term bond investments. The fund plays a crucial role in fixed-income investment strategies, particularly for those seeking to preserve capital and maintain steady income with reduced volatility. It caters to investors looking for a stable, income-generating component within their portfolios, typically as part of a diversified approach. In the financial market, such ETFs offer a convenient vehicle for accessing a broad basket of bonds without needing to purchase individual securities, thus allowing for ease of diversification. As part of the broader market of bond ETFs, the Invesco Victory Short-Term Bond ETF helps investors hedge against inflation and interest rate fluctuations.