Invesco High Yield Equity Dividend Achievers ETF

Frequently Asked Questions About PEY

What does PEY invest in?

Invesco Exchange-Traded Fund Trust - Invesco High Yield Equity Dividend Achievers ETF is an exchange traded fund launched and managed by Invesco Capital Management LLC. The fund invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. It invests in dividend paying stocks of companies. It seeks to track the performance of the NASDAQ US Dividend Achievers 50 Index, by using full replication technique. Invesco Exchange-Traded Fund Trust - Invesco High Yield Equity Dividend Achievers ETF was formed on December 9, 2004 and is domiciled in the United States.

What is the expense ratio of PEY?

Invesco High Yield Equity Dividend Achievers ETF (PEY) charges an expense ratio of 0.68%. This is the annual fee deducted from fund assets to cover management and operations.

What is PEY's dividend yield?

PEY's trailing-twelve-month yield is 4.21%, calculated from the sum of dividends over the past year divided by the current price.

How big is PEY?

Invesco High Yield Equity Dividend Achievers ETF (PEY) manages $1.16B 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 PEY actively managed or an index fund?

PEY 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 (PEY's is 0.68%) because there's no security selection cost.

When was PEY launched?

Invesco High Yield Equity Dividend Achievers ETF (PEY) launched in December 2004 and is managed by Invesco.