PGXInvesco Preferred ETF

Get income18y track recordRanked #223 of 1,622 in this goal

Seeks to track the investment results of the ICE BofA Core Plus Fixed Rate Preferred Securities Index.

By Invesco · Launched 2008

Annual Cost

0.50%

#2,576 of 5,562 · average

Fund Size

$3.8B

#501 of 5,562 · large

Dividend YieldGoal

6.21%

Track Record

18 years

#573 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,248+2.5%

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 BofA Core Plus Fixed Rate Preferred Securities Index

What it actually holds

By weight

Concentration

Top 10 holdings = 13.4% of fund✓ well diversified

JPMorgan Chase & Co.

1.7%

JPMorgan Chase & Co.

1.6%

Wells Fargo & Co.

1.4%

JPMorgan Chase & Co.

1.4%

JPMorgan Chase & Co.

1.4%

Bank of America Corp.

1.3%

AT&T Inc.

1.2%

Bank of America Corp.

1.2%

AT&T Inc.

1.1%

JPMorgan Chase & Co.

1.1%

Asset allocation

Preferred

99.0%

Other

1.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

6.1%Low

Year-on-year price swings

Max drawdown

-34.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.18Below average

Sortino (3Y)

0.26Moderate downside risk

Bond profile

Credit ratings

1.2%

BBB

71.3%

24.3%

3.2%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to track the investment results of the ICE BofA Core Plus Fixed Rate Preferred Securities Index.
Strategy: Invests primarily in components of the Underlying Index, which measures the performance of fixed rate U.S. dollar-denominated preferred securities. Uses a sampling methodology to achieve its investment objective, with a concentration policy based on the Index's industry exposure.
Inception date: January 31, 2008
Fund family: Invesco