Invesco Dividend ETF (PEY) | PEY

Medium RiskEquity
Invesco Dividend ETF (PEY)
Issued by:Invesco
Index : NASDAQ
Unit Price (NAV) :
$
Minimum investment: 5 units
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Invesco Dividend ETF (PEY) | PEY

Invesco Dividend ETF (PEY) | PEY

About PEY ETF

PEY's commitment to dividend makes it an attractive option in the dividend-seeking space and is managed by Invesco that has an AUM of $987B. The 50 highest-yielding firms above $2 billion in market cap that have increased their annual dividends for at least 10 consecutive years are then weighted by dividend yield. The resulting portfolio market cap is much smaller than the benchmark with higher market risk and a large tilt to the utilities sector but offers high yield. PEY: A Gem Among High Dividend ETFs https://www.etftrends.com/2016/08/pey-a-gem-among-high-dividend-etfs/ An ETF For Dividend Achievement https://www.benzinga.com/trading-ideas/long-ideas/17/01/8881249/an-etf-for-dividend-achievement Will ETF PEY Continue to Pay Investors? (PEY) https://www.investopedia.com/news/will-etf-pey-continue-pay-investors-pey/ About the Fund Manager: Invesco was incorporated in 1935, offers insightful financial strategies through their diversified product offerings and manages $987.8B. Invesco is an American independent investment management company that has branch offices in 25 countries with more than 7000 employees. How did we identify this ETF: A complete pool of 2100+ ETFs are screened on various qualitative and quantitative parameters to evaluate efficiency, tradability and fit. The metrics used were alpha, beta and R-Squared with respect to the segment benchmark and ETF specific metrics such as expense ratio, drawdown, volatility and the overall rating. We evaluate all ETFs and assign a composite score based on our analysis and then select the top ones in a category based on that comprehensive score by the inhouse research / quant analysts team. PEY is on the pricey side in terms of fees, but tracking is tight and it has a history of efficiency and reliable yield to point to. The ETF enjoys strong liquidity, with hundreds of thousands of shares trading daily at tight spreads. The strategy is rebalanced on a quarterly basis with the rebalancing mechanism being determined by an algorithm that takes into account the overall performance of the strategy so far.

Returns

PerformanceYTD1Y3Y5Y10Y
Invesco Dividend ETF (PEY)18.77%55.02%10.91%12.22%12.94%

Asset Class

Asset type breakdown
Stock US100.04%
Cash-0.04%

PEY Holdings - Top 10

NameiWeightage (%)
ONEOK, Inc3.84%
Altria Group, Inc3.68%
AT&T Inc3.20%
Universal Corporation2.83%
PPL Corporation2.78%
Exxon Mobil Corporation2.63%
International Business Machines Corporation2.49%
OGE Energy Corp2.40%
Philip Morris International Inc2.40%
Lazard Ltd2.33%

PEY Sectors/Industry Breakdown

Sectori% of market value
Financial Services22.72%
Utilities22.68%
Consumer Defensive16.61%
Energy12.23%
Communication Services7.08%
Healthcare6.79%
Industrials6%
Consumer Cyclicals3.40%
Technology2.49%

PEY Countries

Countryi% of market value
North America100%

Projected Returns

Investment ofper month
gives returns of :
at 9.63% / annum
$in 10 years
amount
for a time period of
time1Y3Y5Y10Y
Returnsbased on historic SIP returns of 9.63% per annum
$
$
$+ 9.63

PEY Summary Data

Total Net Assets $i
Average Mkt Cap Mil $i
Symbol PEY
Exchange XNAS
ISIN US46137V5637
Cat. Benchmark S&P 500 TR USD
Asset class Equity
Category Mid-Cap Value
Country US

PEY Portfolio Data & Volatility Analysis

Net Expense Ratio 0.52i
Beta 1i
Valuations Rates Portfolio PE 13.98156i
3 Year Standard Deviation 21.24i

Fund Strategy

Invesco High Yield Equity Dividend Achievers ETF is an exchange-traded fund incorporated in the USA. The Fund tracks the NASDAQ Dividend Achievers 50 Index which holds the 50 highest yielding stocks that have increased their annual dividends for at least 10 consecutive years. The Fund is rebalanced quarterly and reconstituted annually. The fund generally will invest at least 90% of its total assets in common stocks of companies that comprise the underlying index.

PEY Fact Sheets & Reports

About Invesco

Invesco is an independent American investment manager founded in 1935 headquartered in Georgia, United States. Today, Invesco has a global presence and has investments across different asset classes. Invesco looks to invest in companies with solid financials and strong balance sheet and fixed income with investment grade debt rating.

Invesco Dividend ETF (PEY) | PEY