PGFInvesco Financial Preferred ETF

Get income19y track recordRanked #417 of 1,622 in this goal

Seeks to track the investment results of the ICE Exchange-Listed Fixed Rate Financial Preferred Securities Index.

By Invesco · Launched 2006

Annual Cost

0.55%

#2,811 of 5,562 · average

Fund Size

$699M

#1,322 of 5,562 · large

Dividend YieldGoal

6.29%

Track Record

19 years

#384 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,199+2.0%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

ICE Exchange-Listed Fixed Rate Financial Preferred Securities Index

What it actually holds

By weight

Concentration

Top 10 holdings = 21.1% of fund✓ well diversified

JPMorgan Chase & Co.

2.7%

JPMorgan Chase & Co.

2.5%

Wells Fargo & Co.

2.3%

JPMorgan Chase & Co.

2.2%

JPMorgan Chase & Co.

2.1%

Allstate Corp. (The)

2.0%

Bank of America Corp.

2.0%

Capital One Financial Corp.

1.9%

Bank of America Corp.

1.8%

Athene Holding Ltd.

1.7%

Asset allocation

Preferred

100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

6.3%Low

Year-on-year price swings

Max drawdown

-28.9%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.17Below average

Sortino (3Y)

0.24Moderate downside risk

Bond profile

Credit ratings

BBB

71.6%

27.6%

0.9%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to track the investment results of the ICE Exchange-Listed Fixed Rate Financial Preferred Securities Index.
Strategy: Invests primarily in securities that comprise the Underlying Index, a market capitalization weighted index of U.S. dollar denominated preferred securities issued by financial companies. Utilizes a sampling methodology to achieve its investment objective.
Inception date: December 1, 2006
Fund family: Invesco