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Trending ETFs

Invesco Financial Preferred ETF

etf
PGF
Dividend policy
Decrease
Price as of:
$19.25 +0.0 +0%
primary theme
Preferred Stock
PGF (ETF)

Invesco Financial Preferred ETF

Dividend policy
Decrease
Price as of:
$19.25 +0.0 +0%
primary theme
Preferred Stock
PGF (ETF)
Invesco Financial Preferred ETF
Dividend policy
Decrease
Price as of:
$19.25 +0.0 +0%
primary theme
Preferred Stock

PGF - Snapshot

Vitals

  • YTD Return -0.2%
  • 3 Yr Annualized Return 6.5%
  • 5 Yr Annualized Return 5.4%
  • Net Assets $1.83 B
  • Holdings in Top 10 22.0%

52 WEEK LOW AND HIGH

$19.25
$17.87
$19.31

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.61%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 31.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme Preferred Stock
  • Fund Type Exchange Traded Fund
  • Investment Style Preferred Stock

Compare PGF to Popular Preferred Stock Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$14.45

0.00%

$11.77 B

4.98%

$0.72

blocked
blocked
blocked

0.28%

0.85%

$10.53

0.00%

$8.16 B

4.28%

$0.45

blocked
blocked
blocked

0.57%

0.81%

$17.89

0.00%

$4.99 B

4.88%

$0.87

blocked
blocked
blocked

1.82%

0.78%

$10.14

0.00%

$2.45 B

4.26%

$0.43

blocked
blocked
blocked

0.00%

0.82%

$11.27

0.00%

$2.06 B

3.73%

$0.42

blocked
blocked
blocked

1.71%

1.01%

Compare PGF to Popular Preferred Stock ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$38.92

-0.23%

$19.08 B

4.55%

$1.77

blocked
blocked
blocked

1.38%

0.46%

$15.29

0.00%

$7.07 B

4.87%

$0.75

blocked
blocked
blocked

-0.26%

0.50%

$20.55

-0.10%

$6.65 B

4.64%

$0.95

blocked
blocked
blocked

1.78%

0.85%

$19.25

0.00%

$1.83 B

4.75%

$0.91

blocked
blocked
blocked

-0.21%

0.61%

$25.93

-0.15%

$1.80 B

5.05%

$1.31

blocked
blocked
blocked

0.66%

0.23%

PGF - Profile

Distributions

  • YTD Total Return 0.2%
  • 3 Yr Annualized Total Return 6.5%
  • 5 Yr Annualized Total Return 5.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 5.10%
DIVIDENDS
  • Dividend Yield 1.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Invesco Financial Preferred ETF
  • Fund Family Name
    Invesco
  • Inception Date
    Dec 01, 2006
  • Shares Outstanding
    96450000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Peter Hubbard

Fund Description

The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is a market capitalization weighted index designed to track the performance of preferred securities and securities that the index provider believes are functionally equivalent to preferred securities, including, but not limited to, depositary preferred securities, perpetual subordinated debt and certain capital securities. It is non-diversified.


PGF - Performance

Return Ranking - Trailing

Period PGF Return Category Return Low Category Return High Rank in Category (%)
YTD -0.2% -1.3% 14.6% 94.87%
1 Yr 9.7% 7.9% 54.8% 89.74%
3 Yr 6.5%* 1.4% 11.1% 71.62%
5 Yr 5.4%* 2.2% 9.9% 77.27%
10 Yr 6.3%* 5.3% 10.7% 69.05%

* Annualized

Return Ranking - Calendar

Period PGF Return Category Return Low Category Return High Rank in Category (%)
2020 1.8% -79.5% 4.8% 15.58%
2019 8.7% 2.3% 20.1% 90.54%
2018 -8.0% -19.0% -5.7% 8.96%
2017 5.1% -5.0% 18.5% 63.93%
2016 -4.6% -6.1% 1.7% 96.61%

Total Return Ranking - Trailing

Period PGF Return Category Return Low Category Return High Rank in Category (%)
YTD 0.2% -1.3% 14.6% 87.18%
1 Yr 9.7% 6.5% 54.8% 85.90%
3 Yr 6.5%* 0.4% 11.1% 66.22%
5 Yr 5.4%* 1.9% 9.9% 75.76%
10 Yr 6.3%* 5.3% 10.7% 64.29%

* Annualized

Total Return Ranking - Calendar

Period PGF Return Category Return Low Category Return High Rank in Category (%)
2020 1.8% -24.8% 4.8% 16.88%
2019 8.7% 2.3% 20.1% 90.54%
2018 -8.0% -19.0% -1.8% 23.88%
2017 5.1% -5.0% 18.5% 77.05%
2016 -4.6% -6.1% 7.5% 96.61%

PGF - Holdings

Concentration Analysis

PGF Category Low Category High PGF % Rank
Net Assets 1.83 B 12.5 M 19.1 B 43.21%
Number of Holdings 109 47 521 83.95%
Net Assets in Top 10 402 M 2.49 M 2.64 B 43.21%
Weighting of Top 10 21.95% 12.8% 48.5% 38.27%

Top 10 Holdings

  1. Wells Fargo & Co 4.75% PRF PERPETUAL USD 25 Series Z Class A 2.75%
  2. JPMorgan Chase & Co 6% PRF PERPETUAL USD 25 - Dep rep 1/400 Ser EE 2.58%
  3. Wells Fargo & Co Deposit Shs Repr 1/1000th 5.85 % Non-Cum Perp Pfd Shs -A- 2.42%
  4. JPMorgan Chase & Co Pfd 2.31%
  5. Citigroup Inc Deposit Shs Repr 1/1000th 6 7/8 % Non-Cum Perp Pfd Shs Series 2.14%
  6. Bank of America Corp Pfd 2.01%
  7. JPMorgan Chase & Co PRF PERPETUAL USD 25 - Ser JJ 1/400 int 1.98%
  8. PNC Financial Services Group Inc Perpetual Preferred Share class-P 1.97%
  9. Capital One Financial Corp Series I 1.91%
  10. JPMorgan Chase & Co Non-Cum Pfd Shs Series -AA- 1.87%

Asset Allocation

Weighting Return Low Return High PGF % Rank
Preferred Stocks
99.11% 2.85% 117.24% 4.94%
Other
0.89% 0.00% 16.70% 23.46%
Stocks
0.00% 0.00% 54.46% 62.96%
Convertible Bonds
0.00% 0.00% 36.78% 86.42%
Cash
0.00% -28.99% 5.34% 82.72%
Bonds
0.00% 0.00% 84.32% 87.65%

PGF - Expenses

Operational Fees

PGF Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.61% 0.15% 4.20% 82.05%
Management Fee 0.50% 0.00% 1.21% 18.29%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.55% N/A

Sales Fees

PGF Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.00% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

PGF Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

PGF Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 31.00% 6.30% 166.00% 29.49%

PGF - Distributions

Dividend Yield Analysis

PGF Category Low Category High PGF % Rank
Dividend Yield 1.19% 0.00% 2.26% 15.85%

Dividend Distribution Analysis

PGF Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

PGF Category Low Category High PGF % Rank
Net Income Ratio 5.10% 2.65% 7.54% 36.71%

Capital Gain Distribution Analysis

PGF Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

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PGF - Fund Manager Analysis

Managers

Peter Hubbard


Start Date

Tenure

Tenure Rank

Jun 01, 2007

14.01

14.0%

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.

Gary Jones


Start Date

Tenure

Tenure Rank

Aug 30, 2013

7.76

7.8%

Gary Jones is a Portfolio Manager of Invesco PowerShares Capital Management LLC and has been one of the Portfolio Managers primarily responsible for the day-to-day management of the Funds since January 2012. Mr. Jones has been a Portfolio Manager of the Adviser since December 2010. Previously, he was a Portfolio Manager of Van Kampen Investments from 2007 to 2009.

Richard Ose


Start Date

Tenure

Tenure Rank

Aug 29, 2014

6.76

6.8%

Richard Ose is a Vice President and Portfolio Manager of the Invesco PowerShares Capital Management LLC and has been employed by the Invesco PowerShares Capital Management LLC since 2011. Mr. Ose has been a Portfolio Manager of the Invesco PowerShares Capital Management LLC since July 2011. Prior to joining the Invesco PowerShares Capital Management LLC, Mr. Ose was an equity and derivatives trader at Claymore Advisors from 2007 to 2011.

Tom Boska


Start Date

Tenure

Tenure Rank

Aug 28, 2019

1.76

1.8%

Greg Meisenger


Start Date

Tenure

Tenure Rank

May 07, 2021

0.07

0.1%

Greg Meisenger, Portfolio Manager of Invesco Capital Management LLC. Mr. Meisenger has been associated with Invesco since March 2018. Prior to joining Invesco, Mr. Meisenger was a Senior Fixed Income Trader/Portfolio Manager with Columbia Threadneedle Investments since 2014. Prior to joining Columbia Threadneedle Investments, Mr. Meisenger was a Senior Fixed Income Trader with Thrivent Financial from 2004 to 2014.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 29.32 7.47 10.42