GLBD's largest holdings are Cash and/or Derivatives, SW Finance I PLC, GOLDMAN SACHS GROUP INC, CIGNA GROUP/THE, AXA SA. The full top list is on this page.

How concentrated is GLBD?

The top 10 holdings are 1.9% of the fund, across 3,714 positions.

The total expense ratio on record is 0.15%. That is cheaper than 51% of the 1,326 European UCITS bond funds we track.

Which sectors dominate GLBD?

By weight of its equity holdings: Energy 0.1%, Utilities 0.0%, Industrials 0.0%.

UCITS · Ireland · Distributing

GLBD IE000FVQW7E7

Global investment-grade corporate bonds with ESG and climate transition criteria

Invesco Global Corporate Bond ESG Climate Transition UCITS ETF

GCBE · GCBS · Invesco

3,714 holdings as of 2026-08-27 · top 10 = 1.9% · TER 0.15%

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Concentration

Well diversifiedtop 10 = 1.9%

diversifiedconcentrated

GROWTH · TOTAL RETURNrebased to 0%

Holdings

3,714

as of 2026-08-27

Top 10

1.9%

TER

0.15%

cheaper than 51% of peers

Net assets

US$41.4B

reported in USD

Largest

1.0%

P / E

–

Sections

Holdings as of 2026-08-27.

01Overview

the fund's regulatory facts

Distribution

Distributing

Fund currency

USD

Domicile

Ireland

Structure

Open-ended

First listed

2024-04-09

Volatility 1Y

5.5%

Tracked index

Bloomberg MSCI Global Liquid Corporate Climate Transition ESG Bond Index (CTB)

How it tracks

Physical, sampling

Risk rating

3 of 7

Lends its stock

Yes

02Performance

market price return · as of 2026-09-10

-1.9%

-2.3%

-2.6%

YTD

-5.0%

-6.2%

Trackingfund minus Bloomberg MSCI Global Liquid Corporate Climate Transition ESG Bond Index (CTB) · annualised

1Y return gap

-0.15 pp/yr

1Y tracking error

0.05%

A positive return gap means the fund finished ahead of the index over that window. The 1Y tracking error shows how variable that monthly gap was; lower means steadier tracking. MethodologyReturn gap and tracking errorReturn gap is the fund's return minus its index over the same months, converted to a yearly rate. Tracking error is the annualised standard deviation of those monthly fund-minus-index returns. Both lines come from the manager's own chart, in the same currency and the exact index variant the fund tracks. We use month-end values so different intraday valuation times are not mistaken for tracking error.. Not investment advice.

03Holdings

50 largest · as of 2026-08-27

#	Company	Identifier	Weight
1	Cash and/or Derivatives	–	1.0
2	SW Finance I PLC GB	XS2793261301	0.1
3	GOLDMAN SACHS GROUP INC US	US38141GFD16	0.1
4	CIGNA GROUP/THE US	CI	0.1
5	AXA SA FR	AXASA	0.1
6	PFIZER INVESTMENT ENTER SG	PFE	0.1
7	PFIZER INVESTMENT ENTER SG	PFE	0.1
8	CHARTER COMM OPT LLC/CAP US	CHTR	0.1
9	AERCAP IRELAND CAP/GLOBA IE	AER	0.1
10	ASTRAZENECA PLC GB	AZN	0.1
11	INTEL CORPORATION US	INTC	0.1
12	AERCAP IRELAND CAP/GLOBA IE	AER	0.1
13	ABBVIE INC US	ABBV	0.1
14	Phoenix Group Holdings PLC GB	XS2166106448	0.1
15	AMGEN INC US	AMGN	0.1
16	INTEL CORP US	US458140CG35	0.1
17	HP ENTERPRISE CO US	HPE	0.1
18	HOME DEPOT INC US	HD	0.1
19	HP ENTERPRISE CO US	US42824CBV00	0.1
20	ENBRIDGE INC CA	ENBCN	0.1
21	GOLDMAN SACHS GROUP INC US	GS	0.1
22	GILEAD SCIENCES INC US	GILD	0.1
23	Aviva PLC GB	XS2692259398	0.1
24	GOLDMAN SACHS GROUP INC US	GS	0.1
25	LEGAL & GENERAL GROUP PLC GB	XS3030523644	0.1
26	VERIZON COMMUNICATIONS US	VZ	0.1
27	SW Finance I PLC GB	XS2731297235	0.1
28	ONEOK INC US	US682680BN20	0.1
29	Scottish Widows Ltd GB	SCTWID	0.1
30	AMGEN INC US	AMGN	0.1
31	M&G PLC GB	XS1888920276	0.1
32	IBM CORP US	IBM	0.1
33	ORACLE CORP US	ORCL	0.1
34	Cadent Finance PLC GB	XS1492680902	0.1
35	Legal & General Group PLC VAR 26/11/49 GB	XS2083961370	0.1
36	AMGEN INC US	AMGN	0.1
37	CIGNA GROUP/THE US	CI	0.1
38	UBS GROUP AG CH	CH1214797172	0.1
39	GOLDMAN SACHS GROUP INC US	GS	0.1
40	M&G PLC GB	XS1003373047	0.1
41	PFIZER INVESTMENT ENTER SG	PFE	0.1
42	INTEL CORP US	US458140BH27	0.1
43	MICROSOFT CORP US	US594918CE21	0.1
44	GOLDMAN SACHS GROUP INC US	GS	0.1
45	Generali IT	GIM	0.1
46	MORGAN STANLEY US	MS	0.1
47	CISCO SYSTEMS INC US	CSCO	0.1
48	MORGAN STANLEY US	MS	0.1
49	INTEL CORP US	US458140BM12	0.1
50	NISOURCE INC US	US65473PAU93	0.1

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04Exposure

Equity 0.5%Bonds 98.3%Other 1.1%

By sector

Energy0.1%

Utilities0.0%

Industrials0.0%

By country

USUnited States56.9%

GBUnited Kingdom9.2%

FRFrance7.1%

CACanada5.6%

NLNetherlands3.8%

DEGermany3.6%

JPJapan2.3%

ESSpain2.1%

CurrencyUSD 57.0% EUR 20.3% GBP 9.5% CAD 5.6% JPY 2.3%

Issuer's scenario analysisaverage return per year over 5 years

Stress

-7.0%

Unfavourable

-1.8%

Moderate

+0.5%

Favourable

+4.5%

06Where it trades

10 exchanges

Exchange	MIC	Listed since
Borsa Italiana	ETFP	2024-04-12
Börse Düsseldorf	DUSB	2024-04-12
Börse Frankfurt	FRAA	2024-04-12
London Stock Exchange	XLON	2024-04-12
Xetra	XETA	2024-04-12
Börse München	MUNB	2024-04-15
Tradegate	XGAT	2024-04-22
Börse Stuttgart	STUB	2024-04-24
Börse Hannover	HAND	2024-12-09
Börse Hamburg	HAMN	2025-09-02

Also admitted to 13 other venues, mostly multilateral trading facilities and regional segments.

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