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›ETF Issuers›Invesco›XAT1

XAT1

Invesco USD AT1 CoCo Bond UCITS ETF

Dist

EUR

Hedged

Passive ETF Fixed Income ESG

Not rated

The XAT1 Exchange Traded Fund (ETF) is provided by Invesco. It is built to track an index: Markit iBoxx USD Contingent Convertible Liquid Developed Market AT1 (8% Issuer Cap) Index. The XAT1 ETF provides physical exposure, so by buying it you actually own parts of all the 93 underlying holdings. This share class generates a stream of income by distributing dividends.

€16.20

N/A

Data as of 08/03/26

1D price range

N/A

52W price range

€15.91€16.73

YTD Perf.

+1.07%

YTD Flows

Annualized volatility

Fund AuM

€1.42B

Share class AuM

€438M

TTM Yield

Tracking Error

Tracking Difference

Characteristics

ISIN

IE00BFZPF439

TER

0.39%

Inception date

6/25/2018

Issuer

Invesco

Benchmark

Markit iBoxx USD Contingent Convertible Liquid Developed Market AT1 (8% Issuer Cap) Index

Replication method

Dividend policy

Distributing

Compare similar ETFs

No content available for this fund

API

PerformanceDec 31, 2025 - Aug 3, 2026

Flows

Join for free to unlock

Sector exposures

Data as of 06/30/26

Banks

71.31%

Holding companies

8.12%

Unavailable

20.57%

Latest XAT1 news

No content available for this fund

FAQ about XAT1

XAT1 is a Passive ETF. This ETF provides exposure to Developed markets Financial Services Mixed Ratings Corporate Bonds.

XAT1 tracks the Markit iBoxx USD Contingent Convertible Liquid Developed Market AT1 (8% Issuer Cap) TR Index - USD, through a full replication replication method.

XAT1 carries a total expense ratio (TER) of 0.39%, indicating the annual cost for holding the fund.

XAT1 was introduced to the market on June 25, 2018. It trades on Singapore (Qualified Investor), among other exchanges

Invesco USD AT1 CoCo Bond UCITS ETF, XAT1, is provided by Invesco. Learn more about Invesco here.

Yes, XAT1 is available in multiple share classes, which may differ by distribution policy (e.g., accumulating vs. distributing), currency or hedging. Explore the different share classes .

XAT1 oversees €438M in assets as of August 3, 2026.

XAT1 follows a distributing dividend policy, meaning it pays out income to investors. As of August 3, 2026, its 12-month trailing yield was 6.06%.

As of June 30, 2026, XAT1 has significant geographic allocations in United Kingdom, France and Spain.

As of June 30, 2026, XAT1 focuses largely on Banks and Holding companies.

As of June 30, 2026, XAT1 holds 93 positions in its portfolio, with 29.57% of assets concentrated in its top 15 holdings.

As of June 30, 2026, XAT1 top three holdings include Barclays, 8% perp., USD, Banco Santander, 8% perp., USD and Banco Santander, 9.625% perp., USD.

The base currency of XAT1 is EUR.

XAT1 is hedged, meaning it seeks to minimize the impact of currency fluctuations between its base currency and the currency of the underlying assets.

Top 10 holdings

Data as of 06/30/26

Barclays, 8% perp., USD

2.42%

Banco Santander, 8% perp., USD

2.40%

Banco Santander, 9.625% perp., USD

2.36%

Barclays, 9.625% perp., USD

2.24%

Lloyds Banking Group, 8% perp., USD

1.99%

Deutsche Bank, 6.25% perp., USD

1.97%

USF2280BAC03

1.89%

Westpac Banking (New Zealand Branch), 5% perp., USD

1.86%

Banco Santander, 9.625% perp., USD

1.85%

Credit Agricole SA, 6.7% perp., USD

1.83%

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