# Invesco Dorsey Wright Industrials Momentum ETF (PRN): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/prn 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: Thematic · Inception: 2006-10-12 The Invesco Dorsey Wright Industrials Momentum ETF (referred to as the Fund) is designed to track the performance of the Dorsey Wright Industrials Technical Leaders Index (the Index). Typically, the Fund allocates a minimum of 90% of its total assets to the securities that constitute this underlying Index. The Index is formulated to identify industrial sector companies demonstrating robust relative strength, a key indicator of momentum. It is composed of at least 30 securities selected from the NASDAQ US Benchmark Index. In this context, relative strength measures a security's performance w... ## Key Facts | Metric | Value | |---|---| | Price | $195.69 | | Expense Ratio | 0.69% | | Assets Under Management | $338.1M | | NAV | $197.69 | | Holdings Count | 35 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Quarterly | | 52-Week Range | $156.00 – $262.73 | | Beta | 1.54 | ## Latest Distribution - Amount: $0.2106 /share - Ex-date: 2025-09-22 - Pay date: 2025-09-26 ## Frequently Asked Questions ### What does PRN invest in? The Invesco Dorsey Wright Industrials Momentum ETF (referred to as the Fund) is designed to track the performance of the Dorsey Wright Industrials Technical Leaders Index (the Index). Typically, the Fund allocates a minimum of 90% of its total assets to the securities that constitute this underlying Index. The Index is formulated to identify industrial sector companies demonstrating robust relative strength, a key indicator of momentum. It is composed of at least 30 securities selected from the NASDAQ US Benchmark Index. In this context, relative strength measures a security's performance within a specific market universe over a given timeframe, comparing it to all other securities in that same universe. Both the Fund and its benchmark Index undergo rebalancing and reconstitution on a quarterly basis. As of August 31, 2025, Morningstar Inc. assigned the Fund an overall rating of 4 stars, placing it among 46 evaluated funds. Its performance also secured 4 stars over a three-year period (out of 46 funds), 3 stars over five years (out of 42 funds), and 4 stars over a decade (out of 33 funds). These ratings are not based solely on raw returns; Morningstar utilizes a sophisticated risk-adjusted return metric. This methodology carefully considers variations in a fund's monthly performance, with a greater emphasis on mitigating downside fluctuations and rewarding consistent gains. For comparative analysis, open-end mutual funds and exchange-traded funds are considered a unified group. Eligibility for these ratings requires a fund to have at least a three-year operational history. The overall star rating is derived from a weighted average of the applicable three-, five-, and ten-year performance metrics, incorporating fees and expenses but excluding any sales charges. Morningstar Inc. (©2025) provides several important disclaimers: this information is proprietary and should not be copied or distributed. While efforts are made, its accuracy, completeness, or timeliness cannot be guaranteed. Neither Morningstar nor its content providers accept responsibility for any damages or losses resulting from the use of this data. It is crucial to understand that past investment performance does not predict future results. The star rating distribution is as follows: the top 10% of funds achieve five stars, the subsequent 22.5% receive four, the middle 35% earn three, the following 22.5% are awarded two, and the bottom 10% are assigned one star. These ratings are subject to monthly adjustments. Furthermore, if fees had not been waived or expenses reimbursed, either historically or currently, the Fund's Morningstar rating would have been lower. Lastly, ratings for different share classes may vary due to distinct performance characteristics. ### What is the expense ratio of PRN? Invesco Dorsey Wright Industrials Momentum ETF (PRN) charges an expense ratio of 0.69%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is PRN? Invesco Dorsey Wright Industrials Momentum ETF (PRN) manages $338.1M 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 PRN actively managed or an index fund? PRN's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was PRN launched? Invesco Dorsey Wright Industrials Momentum ETF (PRN) launched in October 2006 and is managed by Invesco. ### How has PRN performed? PRN'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 PRN pay a dividend? Invesco Dorsey Wright Industrials Momentum ETF (PRN) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does PRN pay dividends? Invesco Dorsey Wright Industrials Momentum 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 PRN's dividend yield? PRN's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is PRN's next ex-dividend date? The most recently announced ex-dividend date for PRN was 2025-09-22. 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 PRN's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.69% 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 PRN charge its expense ratio? The expense ratio is deducted in tiny daily slices from PRN'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 PRN cost more than a fund like VOO? PRN's strategy (current expense ratio 0.69%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where PRN sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to PRN? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as PRN (0.69%) 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/prn - Distribution history: https://www.dividenddata.com/funds/prn/dividend - Holdings & diversification: https://www.dividenddata.com/funds/prn/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/prn/expenses - Peer comparison: https://www.dividenddata.com/funds/prn/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.