Invesco Fundamental Investment Grade… (PFIG) Performance
PFIG total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −0.5% since Dec 31, 2025
- 1 year
- −0.1% total return
- 5 years
- +1.2% a year
- 10 years
- +2.2% a year
- Since first price
- +2.6% a year since 2011
PFIG trailing returns vs AGG, TLT, SPY
| Period | PFIG total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.8% | +0.4% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.3% | −1.4% | −0.4% | −1.0% | +3.2% |
| 6 months | −1.0% | −3.2% | −1.5% | −3.8% | +7.8% |
| YTD | −0.5% | −4.1% | −1.0% | −3.4% | +12.3% |
| 1 year | −0.1% | −4.4% | −1.1% | −6.9% | +14.4% |
| 3 years | +18.1%+5.7%/yr | +4.3% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +6.4%+1.2%/yr | −12.3% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| 10 years | +24.4%+2.2%/yr | −10.4% | +14.0%+1.3%/yr | −18.7%−2.0%/yr | +315.9%+15.3%/yr |
| 15 years | +47.1%+2.6%/yr | −6.2% | +32.2%+1.9%/yr | +9.9%+0.6%/yr | +696.0%+14.8%/yr |
| Since inceptionSep 15, 2011 | +48.1%+2.6%/yr | −5.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: PFIG vs AGG
From Sep 15, 2011: PFIG grew to $14,806, AGG to $13,215.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
PFIG returns by calendar year
10 of 14 full years positive. Best 2019 (+9.7%), worst 2022 (−10.0%). 2026 is year to date.
PFIG annual returns table
| Year | PFIG | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −0.5% | −3.2% | −1.0% | −3.4% | +12.3% |
| 2025 | +7.6% | −2.0% | +7.2% | +4.3% | +17.7% |
| 2024 | +3.1% | −2.3% | +1.3% | −8.1% | +24.9% |
| 2023 | +6.9% | −4.3% | +5.7% | +2.8% | +26.2% |
| 2022 | −10.0% | −13.7% | −13.0% | −31.2% | −18.2% |
| 2021 | −1.4% | −2.8% | −1.8% | −4.6% | +28.7% |
| 2020 | +7.7% | −14.6% | +7.5% | +18.2% | +18.3% |
| 2019 | +9.7% | −1.5% | +8.5% | +14.1% | +31.2% |
| 2018 | −0.8% | −3.1% | +0.1% | −1.6% | −4.6% |
| 2017 | +4.0% | −1.3% | +3.6% | +9.2% | +21.7% |
| 2016 | +3.4% | −3.6% | +2.4% | +1.2% | +12.0% |
| 2015 | +1.0% | −2.3% | +0.5% | −1.8% | +1.2% |
| 2014 | +4.8% | −1.8% | +6.0% | +27.3% | +13.5% |
| 2013 | −1.2% | −5.2% | −2.0% | −13.4% | +32.3% |
| 2012 | +5.2% | −1.5% | +3.8% | +2.6% | +16.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
PFIG largest drawdowns
Now 1.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Aug 3, 2021 | −15.6% | Oct 20, 2022 | Apr 3, 2025 | 1.2 years | 3.7 years |
| Mar 3, 2020 | −14.6% | Mar 19, 2020 | May 29, 2020 | 16 days | 3 months |
| May 2, 2013 | −5.2% | Sep 5, 2013 | Apr 11, 2014 | 4 months | 11 months |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
PFIG risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2011 |
|---|---|---|---|---|
| Annualized return | +4.9% | +0.8% | +2.1% | +2.6% |
| Volatility (annualized) | 4.2% | 5.4% | 4.8% | 4.3% |
| Sharpe ratio | 0.13 | -0.49 | -0.02 | 0.26 |
| Sortino ratio | 0.20 | -0.64 | -0.03 | 0.37 |
| Best month | +4.2% | +4.2% | +4.4% | +4.4% |
| Worst month | −2.1% | −3.6% | −4.7% | −4.7% |
| Best 12 months | +11.3% | +11.3% | +11.3% | +11.3% |
| Worst 12 months | −0.6% | −12.9% | −12.9% | −12.9% |
| Positive months | 75% | 58% | 62% | 62% |
| Beta vs S&P 500 | 0.17 | 0.23 | 0.18 | — |
| Correlation with S&P 500 | 0.51 | 0.66 | 0.57 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
PFIG rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 170 | −12.9% | +3.3% | +11.3% | 79% |
| 3-year (a year) | 146 | −3.5% | +2.7% | +6.6% | 82% |
| 5-year (a year) | 122 | +0.2% | +2.2% | +4.7% | 100% |
| 10-year (a year) | 62 | +1.3% | +2.3% | +3.4% | 100% |
Every holding period starting at a month-end since 2011. Returns for 3 years and longer are annualized.
PFIG performance overview
Invesco Fundamental Investment Grade… (PFIG) returned −0.1% over the past year and +2.2% a year over ten years, with distributions reinvested. Since its first recorded price in 2011 it has returned +2.6% a year, turning $10,000 into about $14,806. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −15.6%, from Aug 3, 2021 to Oct 20, 2022, and it took 2.5 years to get back to the old high. PFIG finished 10 of its 14 full calendar years with a gain; the best year was 2019 (+9.7%) and the worst 2022 (−10.0%). Volatility has been 4.3% a year.
Related: PFIG chart, PFIG dividends, PFIG bond profile. See the PFIG overview for the latest quote and fund facts.
PFIG performance FAQ
What is the PFIG return over the past year?
PFIG returned −0.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 4.4%.
What is the average annual return of PFIG?
PFIG has returned +1.2% a year over 5 years, +2.2% a year over 10 years, +2.6% a year since September 15, 2011 (total return, distributions reinvested).
How much would $10,000 invested in PFIG be worth?
$10,000 invested in PFIG at its first recorded close on September 15, 2011 would be worth about $14,806 on October 23, 2026 with distributions reinvested.
What was the worst year for PFIG?
The worst calendar year was 2022, with a total return of −10.0%. The best was 2019 at +9.7%.
What is the biggest drawdown of PFIG?
The largest peak-to-trough decline was −15.6% between August 3, 2021 and October 20, 2022. It recovered to the old high on April 3, 2025, 2.5 years after the bottom.
How volatile is PFIG?
Over the past 3 years PFIG had an annualized volatility of 4.2% and a Sharpe ratio of 0.13 (excess return over 1–3 month T-bills per unit of risk).