Key stats
About Invesco CEF Income Composite ETF
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Inception date
Feb 19, 2010
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
PCEF hunts for yield among publicly-traded closed-end funds (CEFs). CEFs differ from ETFs in that they are closed for additional new investment and share creation. Lacking ETF's baked-in creation/redemption plumbing, CEFs have no outlet for arbitrage to keep market price in line with fair value, so CEFs often trade at discounts or premiums. PCEF favors CEFs that trade at discounts on the theory that such funds are more likely to appreciate in value and because it increases the yield relative to actual price paid. PCEF holds three flavors of CEFs: Investment-grade fixed income, high-yield fixed income and equity covered-call strategies. The fund competes directly to its upstart ETF-of-CEFs rival, YYY. The fund and the index are rebalanced and reconstituted quarterly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Mutual fund
Bonds, Cash & Other100.00%
Mutual fund99.99%
Rights & Warrants0.00%
Cash0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PCEF top holdings are Eaton Vance Tax-Managed Global Diversified Equity Income Fund and BlackRock Technology and Private Equity Term Trust, occupying 4.60% and 3.26% of the portfolio correspondingly.
PCEF last dividends amounted to 0.13 USD. The month before, the issuer paid 0.13 USD in dividends, which shows a 0.02% decrease.
PCEF assets under management is 794.67 M USD. It's risen 4.13% over the last month.
PCEF fund flows account for 31.06 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, PCEF pays dividends to its holders with the dividend yield of 8.61%. The last dividend (May 23, 2025) amounted to 0.13 USD. The dividends are paid monthly.
PCEF shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Feb 19, 2010, and its management style is Passive.
PCEF expense ratio is 3.07% meaning you'd have to pay 3.07% of your investment to help manage the fund.
PCEF follows the SNET Composite Closed-End Fund Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PCEF invests in funds.
PCEF price has risen by 4.10% over the last month, and its yearly performance shows a 3.87% increase. See more dynamics on PCEF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.79% over the last month, showed a −0.25% decrease in three-month performance and has increased by 12.94% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.79% over the last month, showed a −0.25% decrease in three-month performance and has increased by 12.94% in a year.
PCEF trades at a premium (0.16%) meaning the ETF is trading at a higher price than the calculated NAV.