Invesco Fundamental High Yield® Corporate Bond ETF (NYSEARCA:PHB) is an Exchange-Traded Fund (ETF) that focuses on investing in high yield corporate bonds. The fund aims to provide investors with income by selecting bonds based on fundamental criteria, seeking to balance risk and reward efficiently. Its projects and objectives revolve around maintaining a diversified portfolio of high-yield corporate bonds, primarily from issuers in the United States. The ETF employs a strategy that emphasizes bonds it considers to have a favorable income to risk characteristics, targeting sectors and issuers that its management team believes offer the best potential returns relative to their risks. Through this approach, Invesco Fundamental High Yield® Corporate Bond ETF seeks to offer shareholders opportunities for income and capital appreciation, while managing the risks associated with high-yield bond investments.