Invesco Food & Beverage ETF

Frequently Asked Questions About PBJ

What does PBJ invest in?

The Invesco Food & Beverage ETF, referred to as the Fund, mirrors the performance of the Dynamic Food & Beverage Intellidex Index. Generally, the Fund commits at least 90% of its total capital to the assets found within this Index. The Index aims to achieve capital appreciation by meticulously evaluating companies based on several key investment attributes, including share price trajectory, earnings expansion, inherent quality, executive actions, and overall market value. Composed of securities from 30 U.S. companies, the Index specifically targets businesses primarily involved in the production, sale, or distribution of food and beverage goods, agricultural products, and technologies advancing new food solutions. Both the Fund and the Index are adjusted and re-evaluated on a quarterly cycle in February, May, August, and November.

What is the expense ratio of PBJ?

Invesco Food & Beverage ETF (PBJ) charges an expense ratio of 0.64%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PBJ?

Invesco Food & Beverage ETF (PBJ) manages $106.9M 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 PBJ actively managed or an index fund?

PBJ 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 (PBJ's is 0.64%) because there's no security selection cost.

When was PBJ launched?

Invesco Food & Beverage ETF (PBJ) launched in June 2005 and is managed by Invesco.

How has PBJ performed?

PBJ'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.