- What are the top holdings of PGX?
- Invesco Preferred ETF holds 268 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does PGX have?
- PGX holds 268 positions as reported by the fund's most recent disclosure.
- What sectors does PGX invest in?
- Invesco Preferred ETF (PGX) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is PGX most exposed to?
- PGX's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is PGX a US-only fund?
- The country allocation card on this page shows PGX's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does PGX invest in?
- The Invesco Preferred ETF (PGX) aims to replicate the performance of the ICE BofAML Core Plus Fixed Rate Preferred Securities Index. To achieve this, the Fund typically allocates a minimum of 80% of its total assets to fixed-rate, US dollar-denominated preferred securities that are components of this underlying index. The Index itself comprises fixed-rate, US dollar-denominated preferred securities issued within the domestic U.S. market. These securities must satisfy specific criteria: they require an average credit rating of at least B3 from leading agencies like Moody's, S&P, and Fitch. Additionally, they must originate from countries with an investment-grade risk profile, assessed by the average foreign currency long-term sovereign debt ratings provided by the same three agencies. Rather than fully replicating the entire index, the Fund employs a "sampling" methodology to pursue its investment objective efficiently. Both the Fund and its benchmark index undergo monthly rebalancing and reconstitution.
