Invesco Dividend Achievers ETF

Frequently Asked Questions About PFM

What does PFM invest in?

The Fund seeks to track the investment results (before fees and expenses) of the NASDAQ US Broad Dividend Achievers Index (the "Underlying Index"). The Fund will invest at least 90% of its total assets in common stocks of companies that comprise the Index in proportion to their weightings in the Underlying Index.

What is the expense ratio of PFM?

Invesco Dividend Achievers ETF (PFM) charges an expense ratio of 0.52%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PFM?

Invesco Dividend Achievers ETF (PFM) manages $799.9M 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 PFM actively managed or an index fund?

PFM 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 (PFM's is 0.52%) because there's no security selection cost.

When was PFM launched?

Invesco Dividend Achievers ETF (PFM) launched in September 2005 and is managed by Invesco.

How has PFM performed?

PFM'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.