# Invesco Large Cap Value ETF (PWV): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/pwv 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: Passive Index · Inception: 2005-03-03 The Invesco Large Cap Value ETF (PWV) seeks to replicate the performance of the Dynamic Large Cap Value Intellidex Index. This fund typically commits at least 90% of its total assets to the common stocks comprising its underlying index. The Index is specifically designed to achieve capital appreciation while diligently maintaining a consistent and accurate investment style. It accomplishes this through a rigorous 10-factor methodology that objectively assigns companies to their appropriate investment style and size categories. Both the Fund and the Index undergo quarterly adjustments and re... ## Key Facts | Metric | Value | |---|---| | Price | $79.52 | | Expense Ratio | 0.55% | | Assets Under Management | $1.86B | | NAV | $79.73 | | Holdings Count | 50 | | Distribution Yield (TTM) | 1.73% | | Annual Distribution (TTM) | $1.37 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $63.97 – $83.41 | | Beta | 0.65 | ## Latest Distribution - Amount: $0.3438 /share - Ex-date: 2026-09-21 - Pay date: 2026-09-25 ## Frequently Asked Questions ### What does PWV invest in? The Invesco Large Cap Value ETF (PWV) seeks to replicate the performance of the Dynamic Large Cap Value Intellidex Index. This fund typically commits at least 90% of its total assets to the common stocks comprising its underlying index. The Index is specifically designed to achieve capital appreciation while diligently maintaining a consistent and accurate investment style. It accomplishes this through a rigorous 10-factor methodology that objectively assigns companies to their appropriate investment style and size categories. Both the Fund and the Index undergo quarterly adjustments and rebalancing during February, May, August, and November. As of August 31, 2025, the Fund held an overall rating of 4 stars from Morningstar Inc., out of 1077 funds. It also earned 4-star ratings for its 3-year (among 1077 funds), 5-year (among 1018 funds), and 10-year (among 826 funds) periods. Morningstar's ratings are calculated using a risk-adjusted return measure that emphasizes downward variations in a fund's monthly performance and rewards consistent returns. For comparison, open-end mutual funds and exchange-traded funds are considered a single group. Only funds with at least a three-year history are eligible for rating. The overall rating is a weighted average of the applicable three-, five-, and ten-year metrics, accounting for all fees and expenses but excluding sales charges. Within any category, the top 10% of funds receive five stars, the next 22.5% receive four stars, the subsequent 35% receive three stars, the next 22.5% receive two stars, and the bottom 10% receive one star. These ratings are subject to monthly changes. It's important to note that if fees had not been waived or expenses reimbursed, the Morningstar rating could have been lower, and ratings for other share classes may differ due to distinct performance characteristics. Investors should be aware that past performance is not a guarantee of future results. ### What is the expense ratio of PWV? Invesco Large Cap Value ETF (PWV) charges an expense ratio of 0.55%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is PWV? Invesco Large Cap Value ETF (PWV) manages $1.86B 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 PWV actively managed or an index fund? PWV 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 (PWV's is 0.55%) because there's no security selection cost. ### When was PWV launched? Invesco Large Cap Value ETF (PWV) launched in March 2005 and is managed by Invesco. ### How has PWV performed? PWV'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 PWV pay a dividend? Invesco Large Cap Value ETF (PWV) currently distributes little or no income. Trailing-twelve-month yield is 1.73%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does PWV pay dividends? Invesco Large Cap Value 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 PWV's dividend yield? PWV's trailing-twelve-month yield is 1.73%, calculated from the sum of dividends over the past year divided by the current price. ### When is PWV's next ex-dividend date? The most recently announced ex-dividend date for PWV was 2026-09-21. 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 PWV's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.55% 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 PWV charge its expense ratio? The expense ratio is deducted in tiny daily slices from PWV'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 PWV cost more than a fund like VOO? PWV is a passive index fund (current expense ratio 0.55%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to PWV? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as PWV (0.55%) 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/pwv - Distribution history: https://www.dividenddata.com/funds/pwv/dividend - Holdings & diversification: https://www.dividenddata.com/funds/pwv/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/pwv/expenses - Peer comparison: https://www.dividenddata.com/funds/pwv/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.