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Invesco High Yield Equity Dividend Achievers ETF

ETF
PEY
Payout Change
Pending
Price as of:
$22.07 -0.25 -1.12%
primary theme
U.S. Mid-Cap Value Equity
PEY (ETF)

Invesco High Yield Equity Dividend Achievers ETF

Payout Change
Pending
Price as of:
$22.07 -0.25 -1.12%
primary theme
U.S. Mid-Cap Value Equity
PEY (ETF)

Invesco High Yield Equity Dividend Achievers ETF

Payout Change
Pending
Price as of:
$22.07 -0.25 -1.12%
primary theme
U.S. Mid-Cap Value Equity

Name

As of 11/07/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Invesco High Yield Equity Dividend Achievers ETF

PEY | ETF

$22.07

$1.19 B

4.87%

$1.07

0.53%

Vitals

YTD Return

8.4%

1 yr return

24.1%

3 Yr Avg Return

6.9%

5 Yr Avg Return

8.3%

Net Assets

$1.19 B

Holdings in Top 10

30.8%

52 WEEK LOW AND HIGH

$22.3
$19.20
$22.42

Expenses

OPERATING FEES

Expense Ratio 0.53%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 11/07/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Invesco High Yield Equity Dividend Achievers ETF

PEY | ETF

$22.07

$1.19 B

4.87%

$1.07

0.53%

PEY - Profile

Distributions

  • YTD Total Return 8.4%
  • 3 Yr Annualized Total Return 6.9%
  • 5 Yr Annualized Total Return 8.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.20%
DIVIDENDS
  • Dividend Yield 4.9%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Invesco High Yield Equity Dividend Achievers ETF
  • Fund Family Name
    INVESCOETF
  • Inception Date
    Dec 09, 2004
  • Shares Outstanding
    56930000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Peter Hubbard

Fund Description

The Fund generally will invest at least 90% of its total assets in securities that comprise the Underlying Index.
Strictly in accordance with its guidelines and mandated procedures, Nasdaq, Inc. (“Nasdaq” or the “Index Provider”) includes common stocks in the Underlying Index that have a consistent record of dividend increases, principally on the basis of dividend yield and consistent growth in dividends. The Underlying Index is composed of the 50 issuers with the highest modified dividend yield chosen from the Nasdaq US Broad Dividend AchieversTM Index (the “Parent Index”). To qualify for inclusion in the Underlying Index, an issuer must have, among other things, increased its annual regular cash dividend payments for at least each of its last ten consecutive calendar or fiscal years, and must have a minimum market capitalization of $1 billion.
As of June 30, 2024, the Underlying Index was comprised of 50 constituents with market capitalizations ranging from $1.2billion to $298 billion.
The Fund employs a “full replication” methodology in seeking to track the Underlying Index, meaning that the Fund generally invests in all of the securities comprising the Underlying Index in proportion to their weightings in the Underlying Index.
The Fund intends to be “diversified,” as defined in the Investment Company Act of 1940, as amended (the “1940 Act”), to the extent that the
Underlying Index is diversified. The Fund may become “non-diversified” as defined in the 1940 Act solely as a result of a change in relative market capitalization or index weighting of one or more constituents of the Underlying Index. Should the Fund become “non-diversified,” it will no longer be required to meet certain diversification requirements under the 1940 Act and may invest a greater portion of its assets in securities of a small group of issuers or in any one individual issuer than can a diversified fund. Shareholder approval will not be sought when the Fund crosses from diversified to non-diversified status solely due to a change in relative market capitalization or index weighting of one or more constituents of the Underlying Index. In seeking to track the Underlying Index, the Fund was managed as diversified as of April 30, 2024.
Concentration Policy. The Fund will concentrate its investments (i.e., invest 25% or more of the value of its total assets) in securities of issuers in any one industry or group of industries only to the extent that the Underlying Index reflects a concentration in that industry or group of industries. The Fund will not otherwise concentrate its investments in securities of issuers in any one industry or group of industries. As of April30, 2024, the Fund had significant exposure to the utilities sector. The Fund’s portfolio holdings, and the extent to which it concentrates its investments,are likely to change over time.
Read More

PEY - Performance

Return Ranking - Trailing

Period PEY Return Category Return Low Category Return High Rank in Category (%)
YTD 8.4% 6.1% 34.7% 95.60%
1 Yr 24.1% 18.2% 53.9% 91.76%
3 Yr 6.9%* -1.7% 15.3% 50.14%
5 Yr 8.3%* 0.9% 18.2% 83.76%
10 Yr 9.6%* 1.8% 12.1% 19.92%

* Annualized

Return Ranking - Calendar

Period PEY Return Category Return Low Category Return High Rank in Category (%)
2023 2.2% -11.3% 33.3% 85.95%
2022 -1.8% -41.6% 2.3% 1.39%
2021 21.2% -41.5% 44.9% 45.25%
2020 -8.5% -29.0% 22.1% 96.59%
2019 19.9% -8.1% 31.2% 66.28%

Total Return Ranking - Trailing

Period PEY Return Category Return Low Category Return High Rank in Category (%)
YTD 8.4% 6.1% 34.7% 95.60%
1 Yr 24.1% 18.2% 53.9% 91.76%
3 Yr 6.9%* -1.7% 15.3% 50.14%
5 Yr 8.3%* 0.9% 18.2% 83.76%
10 Yr 9.6%* 1.8% 12.1% 19.92%

* Annualized

Total Return Ranking - Calendar

Period PEY Return Category Return Low Category Return High Rank in Category (%)
2023 7.3% -1.7% 36.5% 91.46%
2022 2.4% -35.0% 2.4% 0.28%
2021 25.7% 6.2% 48.3% 76.82%
2020 -3.8% -22.9% 23.2% 89.20%
2019 24.8% -3.0% 35.7% 69.79%

PEY - Holdings

Concentration Analysis

PEY Category Low Category High PEY % Rank
Net Assets 1.19 B 991 K 28 B 38.74%
Number of Holdings 53 8 2308 81.59%
Net Assets in Top 10 381 M 319 K 5.52 B 31.32%
Weighting of Top 10 30.81% 4.6% 100.2% 18.68%

Top 10 Holdings

  1. Invesco Private Prime Fund 5.50%
  2. Altria Group, Inc. 3.47%
  3. First Interstate BancSystem, Inc., Class A 3.29%
  4. Cogent Communications Holdings, Inc. 3.01%
  5. Universal Corp. 2.90%
  6. Bristol-Myers Squibb Co. 2.57%
  7. Walgreens Boots Alliance, Inc. 2.57%
  8. Truist Financial Corp. 2.54%
  9. KeyCorp 2.50%
  10. Verizon Communications Inc. 2.47%

Asset Allocation

Weighting Return Low Return High PEY % Rank
Stocks 		99.90% 56.67% 103.53% 4.12%
Cash 		7.61% 0.00% 38.75% 7.97%
Preferred Stocks 		0.00% 0.00% 1.68% 48.63%
Other 		0.00% -0.10% 7.30% 64.56%
Convertible Bonds 		0.00% 0.00% 0.02% 43.65%
Bonds 		0.00% 0.00% 19.09% 45.33%

Stock Sector Breakdown

Weighting Return Low Return High PEY % Rank
Utilities 		24.69% 0.00% 24.69% 0.28%
Financial Services 		21.70% 0.00% 60.11% 19.06%
Consumer Defense 		15.64% 0.00% 33.79% 2.49%
Healthcare 		13.45% 0.00% 32.47% 14.09%
Consumer Cyclical 		5.08% 0.00% 29.62% 91.99%
Energy 		4.75% 0.00% 29.17% 82.04%
Communication Services 		4.08% 0.00% 19.80% 27.35%
Industrials 		3.44% 0.00% 29.02% 98.34%
Technology 		2.81% 0.00% 30.07% 94.75%
Basic Materials 		2.54% 0.00% 23.88% 87.85%
Real Estate 		1.83% 0.00% 40.74% 87.02%

Stock Geographic Breakdown

Weighting Return Low Return High PEY % Rank
US 		99.90% 56.67% 103.53% 2.47%
Non US 		0.00% 0.00% 33.85% 57.42%

PEY - Expenses

Operational Fees

PEY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.53% 0.06% 16.92% 91.46%
Management Fee 0.40% 0.00% 1.20% 6.87%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

PEY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

PEY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PEY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 227.00% 43.83%

PEY - Distributions

Dividend Yield Analysis

PEY Category Low Category High PEY % Rank
Dividend Yield 4.87% 0.00% 22.79% 21.76%

Dividend Distribution Analysis

PEY Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annual Monthly Annual

Net Income Ratio Analysis

PEY Category Low Category High PEY % Rank
Net Income Ratio 4.20% -1.84% 4.73% 0.55%

Capital Gain Distribution Analysis

PEY Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

PEY - Fund Manager Analysis

Managers

Peter Hubbard

Start Date

Tenure

Tenure Rank

Jun 01, 2007

15.01

15.0%

Peter Hubbard, Vice President and Director of Portfolio Management of the Invesco PowerShares Capital Management LLC. Mr. Hubbard has been a Portfolio Manager of the Adviser since June 2007 and has been associated with the Adviser since 2005. Prior to joining the Invesco PowerShares Capital Management LLC, Hubbard was a research analyst and trader for Ritchie Capital from September 2003 to May 2005.

Michael Jeanette

Start Date

Tenure

Tenure Rank

Aug 29, 2008

13.76

13.8%

Michael Jeanette, Senior Portfolio Manager of Invesco Capital Management LLC, has been associated with Invesco Capital Management LLC since 2008. Prior to joining Invesco Capital Management LLC, Mr. Jeanette was a trust advisor and GM of Chicago based Richard Lamb, LLC from 1998 to 2007.

Tony Seisser

Start Date

Tenure

Tenure Rank

Aug 29, 2014

7.76

7.8%

Tony Seisser is a Vice President and Portfolio Manager of Invesco PowerShares Capital Management LLC since December 2013. Prior to joining the Adviser, he was employed by Guggenheim Funds Distributors, Inc. where he was a trader from 2010 to 2013. Prior to that, Mr. Seisser was a compliance investigator at the Chicago Board of Options Exchange and Chicago Futures Exchange from 2008 to 2010.

Pratik Doshi

Start Date

Tenure

Tenure Rank

Aug 28, 2020

1.76

1.8%

Pratik Doshi is a Portfolio Manager of Invesco Capital Management. Mr. Doshi has been a Portfolio Manager of Invesco Capital Management since October 2019 and has been associated with Invesco Capital Management since 2018. Prior to joining Invesco Capital Management, Mr. Doshi was a business student in the MBA program at the University of Chicago from 2016 to 2018. From 2014 to 2016, he served as a Vice President at Bank of America, and from 2007 to 2014 he served as Assistant Vice President at Barclays Capital.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.59 8.16 10.92

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