# Invesco Russell 1000 Dynamic Multifactor ETF (OMFL): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/omfl 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: Passive Index · Inception: 2017-11-08 The Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) aims to track the performance of the Russell 1000 Invesco Dynamic Multifactor Index. This exchange-traded fund allocates a minimum of 80% of its total assets to the securities that make up its benchmark index. The Index employs a systematic methodology to adjust the weighting of large-capitalization companies found within the broader Russell 1000 Index. These adjustments are driven by prevailing economic conditions and market cycles, specifically identifying phases of expansion, slowdown, contraction, or recovery. Individual securities... ## Key Facts | Metric | Value | |---|---| | Price | $70.75 | | Expense Ratio | 0.29% | | Assets Under Management | $4.77B | | NAV | $71.20 | | Holdings Count | 633 | | Distribution Yield (TTM) | 0.83% | | Annual Distribution (TTM) | $0.59 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $57.12 – $71.73 | | Beta | 0.92 | ## Latest Distribution - Amount: $0.1360 /share - Ex-date: 2026-09-21 - Pay date: 2026-09-25 ## Frequently Asked Questions ### What does OMFL invest in? The Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) aims to track the performance of the Russell 1000 Invesco Dynamic Multifactor Index. This exchange-traded fund allocates a minimum of 80% of its total assets to the securities that make up its benchmark index. The Index employs a systematic methodology to adjust the weighting of large-capitalization companies found within the broader Russell 1000 Index. These adjustments are driven by prevailing economic conditions and market cycles, specifically identifying phases of expansion, slowdown, contraction, or recovery. Individual securities receive a composite multi-factor score, based on an assessment across five distinct investment characteristics: value, momentum, quality, low volatility, and size. Both the Fund and its underlying Index are subject to periodic reconstitution and rebalancing, which can occur as frequently as once a month, in response to shifts in economic indicator signals. Please note, this information is for illustrative purposes only and does not constitute a recommendation regarding the appropriateness of any investment strategy for a particular investor. Factor investing, which involves selecting securities based on specific attributes that may influence returns, carries inherent risks; it may underperform traditional market-capitalization-weighted benchmarks and could lead to increased portfolio volatility. ### What is the expense ratio of OMFL? Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) charges an expense ratio of 0.29%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is OMFL? Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) manages $4.77B 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 OMFL actively managed or an index fund? OMFL is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (OMFL's is 0.29%) because there's no security selection cost. ### When was OMFL launched? Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) launched in November 2017 and is managed by Invesco. ### How has OMFL performed? OMFL's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does OMFL pay a dividend? Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) currently distributes little or no income. Trailing-twelve-month yield is 0.83%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does OMFL pay dividends? Invesco Russell 1000 Dynamic Multifactor ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is OMFL's dividend yield? OMFL's trailing-twelve-month yield is 0.83%, calculated from the sum of dividends over the past year divided by the current price. ### When is OMFL's next ex-dividend date? The most recently announced ex-dividend date for OMFL was 2026-09-21. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will OMFL's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.29% 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 OMFL charge its expense ratio? The expense ratio is deducted in tiny daily slices from OMFL'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 OMFL cost more than a fund like VOO? OMFL is a passive index fund (current expense ratio 0.29%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to OMFL? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as OMFL (0.29%) 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/omfl - Distribution history: https://www.dividenddata.com/funds/omfl/dividend - Holdings & diversification: https://www.dividenddata.com/funds/omfl/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/omfl/expenses - Peer comparison: https://www.dividenddata.com/funds/omfl/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.