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Critical Facts You Need to Know About Preferred Stocks
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Invesco S&P SmallCap 600 Revenue ETF
ETF
RWJ
Payout Change
Pending
Price as of:
$48.29
+0.84
+1.77%
primary theme
U.S. Small-Cap Value Equity
RWJ (ETF)
Invesco S&P SmallCap 600 Revenue ETF
Payout Change
Pending
Price as of:
$48.29
+0.84
+1.77%
primary theme
U.S. Small-Cap Value Equity
RWJ (ETF)
Invesco S&P SmallCap 600 Revenue ETF
Payout Change
Pending
Price as of:
$48.29
+0.84
+1.77%
primary theme
U.S. Small-Cap Value Equity
Name
As of 11/22/2024Price
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
Vitals
YTD Return
17.7%
1 yr return
32.8%
3 Yr Avg Return
5.8%
5 Yr Avg Return
18.8%
Net Assets
$1.43 B
Holdings in Top 10
40.2%
52 WEEK LOW AND HIGH
$47.5
$36.49
$48.71
Expenses
OPERATING FEES
Expense Ratio 0.39%
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 11/22/2024Price
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
RWJ - Profile
Distributions
- YTD Total Return 17.7%
- 3 Yr Annualized Total Return 5.8%
- 5 Yr Annualized Total Return 18.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.65%
- Dividend Yield 1.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameInvesco S&P SmallCap 600 Revenue ETF
-
Fund Family NameINVESCOETF
-
Inception DateFeb 19, 2008
-
Shares Outstanding6881400
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael Jeanette
Fund Description
The Fund generally will invest at least 90% of its total assets in the securities that comprise the Underlying Index.
Strictly in accordance with its guidelines and mandated procedures, S&P Dow Jones Indices LLC (the “Index Provider”) compiles, maintains, and calculates the Underlying Index, which is designed to measure the performance of positive revenue-producing constituent securities of the S&P SmallCap 600® Index (the “Parent Index”). The Parent Index is comprised of common stocks of approximately 600 small-capitalization companies that generally represent the small-cap segment of the U.S. equity market. Unlike the Parent Index, which weights component securities by float-adjusted market capitalization, thereby giving higher percentage allocations to companies with larger market capitalizations, the Underlying Index uses a “revenue-weighted” methodology, whereby it weights each constituent security based on the sum of the company’s revenues for the trailing four quarters, divided by the total revenue of all Underlying Index constituents, subject to a maximum 5% per company weighting.
As of October 31, 2023, the Underlying Index was comprised of 593 constituents with market capitalizations ranging from $222.1 millionto6.5 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 Actand 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 August 31, 2023.
Concentration Policy. The Fund will concentrate its investments (i.e., invest more than 25% of the value of its net 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.
RWJ - Performance
Return Ranking - Trailing
| Period | RWJ Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 17.7% | -7.5% | 31.0% | 31.60% |
| 1 Yr | 32.8% | 5.8% | 45.5% | 18.16% |
| 3 Yr | 5.8%* | -11.4% | 71.5% | 43.00% |
| 5 Yr | 18.8%* | -2.3% | 53.6% | 3.32% |
| 10 Yr | 11.1%* | -2.7% | 28.3% | 2.63% |
* Annualized
Return Ranking - Calendar
| Period | RWJ Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 14.5% | -6.0% | 33.6% | 29.31% |
| 2022 | -11.9% | -36.7% | 212.9% | 22.95% |
| 2021 | 51.8% | -62.0% | 147.6% | 1.00% |
| 2020 | 19.1% | -24.8% | 31.3% | 2.29% |
| 2019 | 18.8% | -21.7% | 34.0% | 49.60% |
Total Return Ranking - Trailing
| Period | RWJ Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 17.7% | -7.5% | 31.0% | 31.60% |
| 1 Yr | 32.8% | 5.8% | 45.5% | 18.16% |
| 3 Yr | 5.8%* | -11.4% | 71.5% | 43.00% |
| 5 Yr | 18.8%* | -2.3% | 53.6% | 3.32% |
| 10 Yr | 11.1%* | -2.7% | 28.3% | 2.63% |
* Annualized
Total Return Ranking - Calendar
| Period | RWJ Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 16.2% | 1.8% | 35.4% | 46.34% |
| 2022 | -11.0% | -36.7% | 250.0% | 46.86% |
| 2021 | 52.8% | -3.0% | 157.9% | 1.00% |
| 2020 | 20.8% | -13.5% | 33.4% | 2.29% |
| 2019 | 20.0% | -1.5% | 34.3% | 77.60% |
RWJ - Holdings
Concentration Analysis
| RWJ | Category Low | Category High | RWJ % Rank | |
|---|---|---|---|---|
| Net Assets | 1.43 B | 2.79 M | 54 B | 24.53% |
| Number of Holdings | 602 | 10 | 1599 | 7.55% |
| Net Assets in Top 10 | 644 M | 762 K | 3.2 B | 14.15% |
| Weighting of Top 10 | 40.23% | 5.2% | 92.2% | 11.82% |
Top 10 Holdings
- Invesco Private Prime Fund 17.12%
- Invesco Private Government Fund 6.46%
- Lumen Technologies, Inc. 4.42%
- World Kinect Corp. 3.51%
- United Natural Foods, Inc. 2.34%
- Group 1 Automotive, Inc. 1.52%
- EchoStar Corp., Class A 1.47%
- Lincoln National Corp. 1.19%
- Asbury Automotive Group, Inc. 1.11%
- DXC Technology Co. 1.07%
Asset Allocation
| Weighting | Return Low | Return High | RWJ % Rank | |
|---|---|---|---|---|
| Stocks | 99.89% | 7.22% | 105.88% | 5.66% |
| Cash | 23.63% | 0.00% | 39.68% | 1.18% |
| Preferred Stocks | 0.00% | 0.00% | 1.16% | 87.74% |
| Other | 0.00% | -1.83% | 31.19% | 89.62% |
| Convertible Bonds | 0.00% | 0.00% | 2.63% | 87.32% |
| Bonds | 0.00% | 0.00% | 79.66% | 87.50% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | RWJ % Rank | |
|---|---|---|---|---|
| Consumer Cyclical | 20.61% | 0.00% | 51.62% | 4.59% |
| Industrials | 17.08% | 0.65% | 48.61% | 49.52% |
| Energy | 11.84% | 0.00% | 29.42% | 14.98% |
| Consumer Defense | 11.73% | 0.00% | 13.22% | 3.62% |
| Technology | 8.87% | 0.00% | 34.03% | 50.48% |
| Financial Services | 8.37% | 0.00% | 35.71% | 95.89% |
| Healthcare | 7.38% | 0.00% | 25.76% | 32.85% |
| Basic Materials | 7.22% | 0.00% | 67.30% | 18.12% |
| Real Estate | 3.46% | 0.00% | 44.41% | 76.09% |
| Communication Services | 2.75% | 0.00% | 24.90% | 44.44% |
| Utilities | 0.69% | 0.00% | 13.86% | 75.60% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | RWJ % Rank | |
|---|---|---|---|---|
| US | 99.89% | 7.22% | 105.88% | 5.66% |
| Non US | 0.00% | 0.00% | 76.17% | 90.33% |
RWJ - Expenses
Operational Fees
| RWJ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.39% | 0.05% | 37.04% | 93.87% |
| Management Fee | 0.39% | 0.00% | 1.50% | 7.33% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.35% | N/A |
Sales Fees
| RWJ 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
| RWJ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.50% | 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.
| RWJ Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 7.00% | 252.00% | 37.79% |
RWJ - Distributions
Dividend Yield Analysis
| RWJ | Category Low | Category High | RWJ % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.27% | 0.00% | 14.14% | 63.92% |
Dividend Distribution Analysis
| RWJ | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| RWJ | Category Low | Category High | RWJ % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.65% | -1.43% | 4.13% | 33.57% |
Capital Gain Distribution Analysis
| RWJ | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 23, 2024 | $0.153 | OrdinaryDividend |
| Jun 24, 2024 | $0.132 | OrdinaryDividend |
| Mar 18, 2024 | $0.130 | OrdinaryDividend |
| Dec 18, 2023 | $0.164 | OrdinaryDividend |
| Sep 18, 2023 | $0.124 | OrdinaryDividend |
| Jun 20, 2023 | $0.109 | OrdinaryDividend |
| Mar 20, 2023 | $0.158 | OrdinaryDividend |
| Dec 19, 2022 | $0.125 | OrdinaryDividend |
| Sep 19, 2022 | $0.089 | OrdinaryDividend |
| Jun 21, 2022 | $0.082 | OrdinaryDividend |
| Mar 21, 2022 | $0.073 | OrdinaryDividend |
| Dec 20, 2021 | $0.080 | OrdinaryDividend |
| Sep 20, 2021 | $0.070 | OrdinaryDividend |
| Jun 21, 2021 | $0.038 | OrdinaryDividend |
| Mar 22, 2021 | $0.063 | OrdinaryDividend |
| Dec 21, 2020 | $0.047 | OrdinaryDividend |
| Sep 21, 2020 | $0.041 | OrdinaryDividend |
| Jun 22, 2020 | $0.064 | OrdinaryDividend |
| Mar 23, 2020 | $0.089 | OrdinaryDividend |
| Dec 23, 2019 | $0.116 | OrdinaryDividend |
| Sep 23, 2019 | $0.075 | OrdinaryDividend |
| Mar 19, 2019 | $0.036 | OrdinaryDividend |
| Dec 26, 2018 | $0.095 | OrdinaryDividend |
| Sep 25, 2018 | $0.084 | OrdinaryDividend |
| Jun 19, 2018 | $0.055 | OrdinaryDividend |
| Mar 16, 2018 | $0.041 | OrdinaryDividend |
| Dec 28, 2017 | $0.060 | OrdinaryDividend |
| Oct 03, 2017 | $0.053 | OrdinaryDividend |
| Jul 05, 2017 | $0.042 | OrdinaryDividend |
| Apr 04, 2017 | $0.057 | OrdinaryDividend |
| Dec 28, 2016 | $0.038 | OrdinaryDividend |
| Oct 04, 2016 | $0.034 | OrdinaryDividend |
| Jul 05, 2016 | $0.016 | OrdinaryDividend |
| Apr 04, 2016 | $0.048 | OrdinaryDividend |
| Dec 29, 2015 | $0.032 | OrdinaryDividend |
| Oct 05, 2015 | $0.031 | OrdinaryDividend |
| Jul 06, 2015 | $0.016 | OrdinaryDividend |
| Apr 02, 2015 | $0.048 | OrdinaryDividend |
| Dec 29, 2014 | $0.035 | OrdinaryDividend |
| Dec 29, 2014 | $0.032 | CapitalGainLongTerm |
| Oct 03, 2014 | $0.028 | OrdinaryDividend |
| Jul 03, 2014 | $0.014 | OrdinaryDividend |
| Dec 27, 2013 | $0.058 | OrdinaryDividend |
| Dec 27, 2013 | $0.040 | CapitalGainLongTerm |
| Oct 03, 2013 | $0.082 | OrdinaryDividend |
| Jul 03, 2013 | $0.035 | OrdinaryDividend |
| Apr 03, 2013 | $0.013 | OrdinaryDividend |
| Dec 27, 2012 | $0.063 | OrdinaryDividend |
| Dec 27, 2012 | $0.004 | CapitalGainShortTerm |
| Dec 27, 2012 | $0.044 | CapitalGainLongTerm |
| Oct 03, 2012 | $0.015 | OrdinaryDividend |
| Jul 06, 2012 | $0.026 | OrdinaryDividend |
| Apr 04, 2012 | $0.016 | OrdinaryDividend |
| Dec 28, 2011 | $0.016 | OrdinaryDividend |
| Oct 04, 2011 | $0.011 | OrdinaryDividend |
| Jul 05, 2011 | $0.007 | OrdinaryDividend |
| Apr 04, 2011 | $0.005 | OrdinaryDividend |
| Dec 29, 2010 | $0.027 | OrdinaryDividend |
| Oct 04, 2010 | $0.007 | OrdinaryDividend |
| Jul 02, 2010 | $0.007 | OrdinaryDividend |
| Apr 05, 2010 | $0.002 | OrdinaryDividend |
| Dec 29, 2009 | $0.009 | OrdinaryDividend |
| Oct 02, 2009 | $0.002 | OrdinaryDividend |
| Jul 02, 2009 | $0.005 | OrdinaryDividend |
| Apr 02, 2009 | $0.005 | OrdinaryDividend |
| Dec 29, 2008 | $0.018 | OrdinaryDividend |
| Oct 02, 2008 | $0.010 | OrdinaryDividend |
| Jun 26, 2008 | $0.022 | OrdinaryDividend |
RWJ - Fund Manager Analysis
Managers
Michael Jeanette
Start Date
Tenure
Tenure Rank
May 24, 2019
3.02
3.0%
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
May 24, 2019
3.02
3.0%
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.
Peter Hubbard
Start Date
Tenure
Tenure Rank
May 24, 2019
3.02
3.0%
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.
Pratik Doshi
Start Date
Tenure
Tenure Rank
Oct 28, 2019
2.59
2.6%
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 | 37.45 | 8.27 | 3.58 |
