# Invesco MSCI EAFE Income Advantage ETF (EFAA): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/efaa for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Invesco · Asset class: Equity - Strategy: Actively Managed · Inception: 2024-07-17 This ETF offers investors a way to gain exposure to the MSCI EAFE Index. It complements this with an actively managed options strategy, which is designed to serve three purposes: to generate additional income, to help cushion against potential losses in down markets, and to allow for continued participation in market gains. ## Key Facts | Metric | Value | |---|---| | Price | $54.17 | | Expense Ratio | 0.42% | | Assets Under Management | $670.3M | | NAV | $54.01 | | Holdings Count | 675 | | Distribution Yield (TTM) | 8.53% | | Annual Distribution (TTM) | $4.62 /share | | Distribution Frequency | Monthly | | 52-Week Range | $51.11 – $57.39 | | Beta | 0.36 | ## Latest Distribution - Amount: $0.3831 /share - Ex-date: 2026-10-19 - Pay date: 2026-10-23 ## Frequently Asked Questions ### What does EFAA invest in? This ETF offers investors a way to gain exposure to the MSCI EAFE Index. It complements this with an actively managed options strategy, which is designed to serve three purposes: to generate additional income, to help cushion against potential losses in down markets, and to allow for continued participation in market gains. ### What is the expense ratio of EFAA? Invesco MSCI EAFE Income Advantage ETF (EFAA) charges an expense ratio of 0.42%. This is the annual fee deducted from fund assets to cover management and operations. ### What is EFAA's dividend yield? EFAA's trailing-twelve-month yield is 8.53%, calculated from the sum of dividends over the past year divided by the current price. ### How big is EFAA? Invesco MSCI EAFE Income Advantage ETF (EFAA) manages $670.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is EFAA actively managed or an index fund? EFAA is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (EFAA's is 0.42%) in exchange for the discretion to over- or under-weight positions. ### When was EFAA launched? Invesco MSCI EAFE Income Advantage ETF (EFAA) launched in July 2024 and is managed by Invesco. ### Does EFAA pay a dividend? Yes, Invesco MSCI EAFE Income Advantage ETF (EFAA) distributes dividends to shareholders. The trailing-twelve-month yield is 8.53%. Full dividend history is on this page. ### How often does EFAA pay dividends? Invesco MSCI EAFE Income Advantage ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is EFAA's next ex-dividend date? The most recently announced ex-dividend date for EFAA was 2026-10-19. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will EFAA's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.42% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does EFAA charge its expense ratio? The expense ratio is deducted in tiny daily slices from EFAA's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does EFAA cost more than a fund like VOO? EFAA is actively managed (current expense ratio 0.42%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether EFAA's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to EFAA? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as EFAA (0.42%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/efaa - Distribution history: https://www.dividenddata.com/funds/efaa/dividend - Holdings & diversification: https://www.dividenddata.com/funds/efaa/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/efaa/expenses - Peer comparison: https://www.dividenddata.com/funds/efaa/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.