Q2 2024
As of June 30, 2024

Invesco Total Return Bond ETF
GTOFund description
The Invesco Total Return Bond ETF (Fund) is an actively
managed intermediate-term bond exchange-traded fund(ETF) that seeks maximum total return, comprised ofincome and capital appreciation. The Fund will invest atleast 80% of its total assets in fixed income instruments ofvarying maturities and of any credit qualities.
Effective Jun. 28, 2023 through Aug. 31, 2025 Invesco
Capital Management LLC (the "Adviser") will voluntarily
waive a portion of its management fee, 0.25%, for thefund. The Net Expense Ratio for the fund throughAugust 31, 2025 is 0.25%.

Growth of $10,000

 Invesco Total Return Bond ETF: $12,463
 Bloomberg US Aggregate Bond Index: $10,918
$16K

$14K

$12K

$10K

ETF information
Fund name
Invesco Total Return Bond ETF
Fund ticker
GTO
CUSIP
46090A804
Intraday NAV
GTOIV
30 day SEC unsubsidized yield
4.22%
30 Day SEC yield
4.47%
Holdings
1011
Management fee
0.50%
Total expense ratio
0.25%
Effective duration (Yrs.)
6.20
Listing exchange
NYSE Arca

$8K
02/16

05/17

07/18

09/19

11/2002/22

04/23

06/24

Data beginning Fund Inception and ending June 30, 2024. Fund performance shown at NAV.
Performance as at June 30, 2024
Performance (%)
ETF - Market Price
ETF - NAV
Benchmark1
Calendar year performance (%)
ETF - NAV
Benchmark1

YTD
0.42
0.37
-0.71

2023
5.88
5.53

2022
-14.72-13.01

1Y
4.41
4.30
2.63
2021
-0.37
-1.54

3Y-3.30
-3.29
-3.02
2020
10.87
7.51

2019
11.41
8.72

5Y
0.70
0.70
-0.23
2018
0.17
0.01

2017
6.91
3.54

10Y Fund inception
2.67
2.66
1.35
1.05
2016
-2015-2014-Returns less than one year are cumulative. Performance data quoted represents past performance. Past performance is not aguarantee of future results; current performance may be higher or lower than performance quoted. Investment returns and principal
value will fluctuate and Shares, when redeemed, may be worth more or less than their original cost. See invesco.com to find themost recent month-end performance numbers. Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do
not represent the returns an investor would receive if shares were traded at other times. Fund performance reflects fee waivers,absent which, performance data quoted would have been lower. As the result of a reorganization on April 6, 2018, the returns
presented reflect performance of the Guggenheim predecessor fund. Invesco is not affiliated with Guggenheim.

Fund inception: February 10, 2016
Not a Deposit Not FDIC Insured Not Guaranteed by theBank May Lose Value Not Insured by any Federal
Government Agency.
Shares are not individually redeemable and owners of theShares may acquire those Shares from the Fund and tender
those Shares for redemption to the Fund in Creation Unit
aggregations only, typically consisting of 50,000 Shares.

Index returns do not represent Fund returns. An investor cannot invest directly in an index.
Neither the underlying Index nor the benchmark indexes charge management fees or brokerage expenses, and no such fees orexpenses were deducted from the performance shown; nor do any of the indexes lend securities, and no revenues from securities
lending were added to the performance shown. In addition, the results actual investors might have achieved would have differedfrom those shown because of differences in the timing, amounts of their investments, and fees and expenses associated with aninvestment in the Fund.
1The Bloomberg US Aggregate Bond Index is an unmanaged index considered representative of the U.S. investment-grade, fixedrate bond market.

Geographic allocation (%)

 United States Cayman Islands
 United Kingdom
 Japan Canada Brazil Germany Ireland Mexico France

80.27
4.32
2.52
1.71
1.55
1.01
0.92
0.83
0.62
0.62

Sector allocation (%)

Top ETF holdings (%)
NameCoupon
United States Treasury Note/Bond
4.38
United States Treasury Note/Bond
4.25
United States Treasury Note/Bond
4.50
Fannie Mae or Freddie Mac
5.00
Fannie Mae or Freddie Mac
4.00
Fannie Mae or Freddie Mac
5.50
Ginnie Mae II Pool
6.00
UNIFORM MBS
3.50
Fannie Mae or Freddie Mac
6.00
Fannie Mae or Freddie Mac
4.50
Please see the website for complete holdings information. Holdings are subject to change.
Credit ratings (%)
AAAAA
A
BBB
BB
B
CCC
CC
Not Rated

53.38
3.66
17.15
18.78
5.49
0.11
0.02
0.04
1.36

(Total holdings: 1011)
Maturity
WeightMay 15, 2034
7.55
Feb 15, 2054
4.84
May 31, 2029
3.95
Jul 01, 2054
3.14
Jul 01, 2054
2.39
Jul 01, 2054
2.07
Jul 01, 2054
2.00
Jul 01, 2054
1.93
Jul 01, 2054
1.81
Jul 01, 2054
1.60

Maturity (%)
0-1 Year
1-5 Years
5-10 Years
10-15 Years
15-20 Years
20-25 Years
25+ Years

0.56
4.63
13.46
26.76
9.29
0.37
44.93

Investment risks
There are risks involved with investing in ETFs, including possible loss of money. Actively managed ETFs do not necessarily seek
to replicate the performance of a specified index. Actively managed ETFs are subject to risks similar to stocks, including thoserelated to short selling and margin maintenance. Ordinary brokerage commissions apply. The Fund's return may not match thereturn of the Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding therisk associated with an investment in the Fund.
Mortgage- and asset-backed securities, which are subject to call (prepayment) risk, reinvestment risk and extension risk. Thesesecurities are also susceptible to an unexpectedly high rate of defaults on the mortgages held by a mortgage pool, which may
adversely affect their value. The risk of such defaults depends on the quality of the mortgages underlying such security, the credit
quality of its issuer or guarantor, and the nature and structure of its credit support.
 Securitized
40.48
 Corporate
37.02
 Treasuries
18.33
 Non-US Govt/Agency
3.41
 Equity
0.39
 Agencies
0.19
 Municipal
0.15
 Derivatives
0.04
May not total 100% due to negative derivative positions.

Derivatives may be more volatile and less liquid than traditional investments and are subject to market, interest rate, credit,leverage, counterparty and management risks. An investment in a derivative could lose more than the cash amount invested.
Because the Fund may invest in other investment companies, it's subject to the risks associated with the investment company andits investment performance may depend on the underlying investment company's performance. Moreover, the Fund and its
shareholders will incur its pro rata share of the underlying investment companies’ expenses, which will reduce the Fund’s
performance, and the purchase of shares of some investment companies.
Risks of collateralized loan obligations include the possibility that distributions from collateral securities will not be adequate to
make interest or other payments, the quality of the collateral may decline in value or default, these obligations may be subordinate
to other classes, values may be volatile, and disputes with the issuer may produce unexpected investment results.
The values of junk bonds fluctuate more than those of high quality bonds and can decline significantly over short time periods.
Municipal securities are subject to the risk that legislative or economic conditions could affect an issuer’s ability to make payments
of principal and/ or interest.
An issuer may be unable to meet interest and/or principal payments, thereby causing its instruments to decrease in value andlowering the issuer’s credit rating.
Interest rate risk refers to the risk that bond prices generally fall as interest rates rise and vice versa.
The Fund may invest in privately issued securities, including 144A securities which are restricted (i.e. not publicly traded). The
liquidity market for Rule 144A securities may vary, as a result, delay or difficulty in selling such securities may result in a loss to theFund.
The Fund currently intends to effect creations and redemptions principally for cash, rather than principally in-kind because of thenature of the Fund's investments. As such, investments in the Fund may be less tax efficient than investments in ETFs that createand redeem in-kind.
The credit research process utilized by the Fund to implement its investment strategy in pursuit of its investment objective
considers factors that include, but are not limited to, an issuer's operations, capital structure and environmental, social andgovernance ("ESG") considerations. Credit quality analysis therefore may consider whether any ESG factors pose a material
financial risk or opportunity to an issuer.
Investments in loans involve special types of risks, including credit risk, interest rate risk, counterparty risk and prepayment risk.
Loans may offer a fixed or floating interest rate, generally below investment grade and may be unrated. Loans can be difficult tovalue accurately and may be more susceptible to liquidity risk than other fixed-income securities. The value of the loan's collateral
may be insufficient to cover the borrowers obligations should the borrower fail to make payments or become insolvent.
The Fund’s income may decline when interest rates fall if it holds a significant portion of short duration securities and/or securities
with floating or variable interest rates. If the Fund invests in lower yielding bonds, as the bond’s portfolio mature; the Fund will needto purchase additional bonds, thereby reducing its income.
The investment techniques and risk analysis used by the portfolio managers may not produce the desired results.
Important information
This does not constitute a recommendation of any investment strategy or product for a particular investor. Investors should consult
a financial professional before making any investment decisions.

Invesco Distributors, Inc.
Invesco.com 7/24
P-GTO-PC-1

Before investing, investors should carefully read the prospectus and consider the investment objectives, risks, charges
and expenses. For this and more complete information about the fund, investors should ask their financial professionalsfor a prospectus or download one at invesco.com
Note: Not all products available through all firms or in all jurisdictions.
Glossary
30 Day SEC Unsubsidized Yield reflects the 30-day yield if the investment adviser were not waiving all or part of its fee or
reimbursing the fund for part of its expenses. Total return would have also been lower in the absence of these temporary
reimbursements or waivers.
30 Day SEC Yield is based on a 30-day period and is computed by dividing the net investment income per share earned during
the period by the maximum offering price per share on the last day of the period.
Credit ratings are assigned by Nationally Recognized Statistical Rating Organizations based on assessment of the credit
worthiness of the underlying bond issuers. The ratings range from AAA (highest) to D (lowest) and are subject to change. Not rated
indicates the debtor was not rated, and should not be interpreted as indicating low quality. Futures and other derivatives are noteligible for assigned credit ratings by any NRSRO and are excluded from quality allocations. For more information on rating
methodologies, please visit the following NRSRO websites: www.standardandpoors.com and select 'Understanding Credit Ratings'
under Rating Resources 'About Ratings' on the homepage.; www.ratings.moodys.com and select 'Rating Methodologies' under
Research and Ratings on the homepage.
Effective Duration is a measure of a bond's sensitivity to interest rate changes that reflects the change in a bond's price given achange in yield. This duration measure is appropriate for bonds with embedded options.
Intraday NAV is a symbol representing estimated fair value based on the most recent intraday price of underlying assets.

Invesco Distributors, Inc.
Invesco.com 7/24
P-GTO-PC-1