Continue to site >
Trending ETFs

Invesco Financial Preferred ETF

ETF
PGF
Dividend policy
Decrease
Price as of:
$18.92 +0.09 +0.48%
primary theme
Preferred Stock
PGF (ETF)

Invesco Financial Preferred ETF

Dividend policy
Decrease
Price as of:
$18.92 +0.09 +0.48%
primary theme
Preferred Stock
PGF (ETF)

Invesco Financial Preferred ETF

Dividend policy
Decrease
Price as of:
$18.92 +0.09 +0.48%
primary theme
Preferred Stock

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$18.92

$1.8 B

4.49%

$0.85

0.55%

Vitals

YTD Return

-1.5%

1 yr return

6.5%

3 Yr Avg Return

6.8%

5 Yr Avg Return

5.3%

Net Assets

$1.8 B

Holdings in Top 10

21.9%

52 WEEK LOW AND HIGH

$18.9
$18.24
$19.35

Expenses

OPERATING FEES

Expense Ratio 0.55%

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

Investment Style

Preferred Stock


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$18.92

$1.8 B

4.49%

$0.85

0.55%

PGF - Profile

Distributions

  • YTD Total Return -2.0%
  • 3 Yr Annualized Total Return 6.8%
  • 5 Yr Annualized Total Return 5.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 5.02%
DIVIDENDS
  • Dividend Yield 4.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Invesco Financial Preferred ETF
  • Fund Family Name
    Invesco
  • Inception Date
    Dec 01, 2006
  • Shares Outstanding
    95150000
  • 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. ICE Data Indices, LLC (the “index provider”) compiles and calculates the underlying index, a market capitalization weighted index designed to track the performance of exchange-listed, fixed rate U.S. dollar denominated preferred securities, and securities that the index provider believes are functionally equivalent to preferred securities, issued in the U.S. domestic market by financial companies. It is non-diversified.


PGF - Performance

Return Ranking - Trailing

Period PGF Return Category Return Low Category Return High Rank in Category (%)
YTD -1.5% -11.6% 14.4% 83.04%
1 Yr 6.5% -1.3% 41.2% 87.13%
3 Yr 6.8%* 0.4% 11.9% 67.53%
5 Yr 5.3%* 1.2% 9.6% 68.12%
10 Yr 7.6%* 6.1% 11.7% 47.83%

* Annualized

Return Ranking - Calendar

Period PGF Return Category Return Low Category Return High Rank in Category (%)
2020 1.8% -79.5% 4.8% 15.91%
2019 8.7% 6.4% 20.1% 92.11%
2018 -8.0% -15.2% -5.7% 8.57%
2017 5.1% -7.3% 8.8% 59.38%
2016 -4.6% -6.1% 6.5% 96.77%

Total Return Ranking - Trailing

Period PGF Return Category Return Low Category Return High Rank in Category (%)
YTD -2.0% -11.6% 14.4% 87.50%
1 Yr 6.5% -4.0% 41.2% 69.35%
3 Yr 6.8%* -0.7% 11.9% 48.62%
5 Yr 5.3%* -2.3% 9.6% 49.47%
10 Yr 7.6%* 3.0% 11.7% 34.43%

* Annualized

Total Return Ranking - Calendar

Period PGF Return Category Return Low Category Return High Rank in Category (%)
2020 1.8% -24.8% 4.8% 17.05%
2019 8.7% 6.4% 20.1% 92.11%
2018 -8.0% -14.9% -1.8% 22.86%
2017 5.1% -5.0% 11.9% 71.88%
2016 -4.6% -6.1% 20.1% 96.77%

PGF - Holdings

Concentration Analysis

PGF Category Low Category High PGF % Rank
Net Assets 1.8 B 7.56 M 20.2 B 42.86%
Number of Holdings 106 27 509 54.26%
Net Assets in Top 10 395 M 2.06 K 2.97 B 27.91%
Weighting of Top 10 21.88% 13.2% 49.5% 54.26%

Top 10 Holdings

  1. Wells Fargo & Co 4.75% PRF PERPETUAL USD 25 Series Z Class A 2.52%
  2. JPMorgan Chase & Co 6% PRF PERPETUAL USD 25 - Dep rep 1/400 Ser EE 2.42%
  3. JPMorgan Chase & Co PRF PERPETUAL USD - Ser MM 1/400th 2.37%
  4. JPMorgan Chase & Co PRF PERPETUAL USD - Ser LL 1/400th Int 2.31%
  5. Wells Fargo & Co Deposit Shs Repr 1/1000th 5.85 % Non-Cum Perp Pfd Shs -A- 2.22%
  6. JPMorgan Chase & Co Pfd 2.19%
  7. Citigroup Inc Deposit Shs Repr 1/1000th 6 7/8 % Non-Cum Perp Pfd Shs Series 2.14%
  8. PNC Financial Services Group Inc Perpetual Preferred Share class-P 1.97%
  9. Bank of America Corp Pfd 1.93%
  10. Capital One Financial Corp Series I 1.90%

Asset Allocation

Weighting Return Low Return High PGF % Rank
Preferred Stocks
98.29% 2.25% 116.39% 29.46%
Cash
1.71% -28.82% 7.12% 39.53%
Stocks
0.00% 0.00% 57.28% 55.04%
Other
0.00% 0.00% 15.04% 49.61%
Convertible Bonds
0.00% 0.00% 32.30% 67.44%
Bonds
0.00% 0.00% 83.66% 68.22%

PGF - Expenses

Operational Fees

PGF Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.55% 0.01% 2.80% 50.00%
Management Fee 0.50% 0.00% 1.21% 20.24%
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 0.00% 5.75% N/A
Deferred Load N/A 1.00% 2.25% 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 N/A 12.00% 166.00% 35.00%

PGF - Distributions

Dividend Yield Analysis

PGF Category Low Category High PGF % Rank
Dividend Yield 4.49% 0.00% 5.31% 53.49%

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 5.02% 1.70% 7.54% 34.15%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

PGF - Fund Manager Analysis

Managers

Peter Hubbard


Start Date

Tenure

Tenure Rank

Jun 01, 2007

14.34

14.3%

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

8.09

8.1%

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

7.09

7.1%

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

2.09

2.1%

Greg Meisenger


Start Date

Tenure

Tenure Rank

May 07, 2021

0.4

0.4%

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
0.16 29.65 7.29 10.76