Invesco Financial Preferred ETFInvesco Financial Preferred ETFInvesco Financial Preferred ETF

Invesco Financial Preferred ETF

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Key stats


Assets under management (AUM)
‪785.70 M‬USD
Fund flows (1Y)
‪−76.64 M‬USD
Dividend yield (indicated)
6.29%
Discount/Premium to NAV
−0.06%
Shares outstanding
‪55.85 M‬
Expense ratio
0.54%

About Invesco Financial Preferred ETF


Brand
Invesco
Home page
Inception date
Dec 1, 2006
Structure
Open-Ended Fund
Index tracked
ICE Bofa Exchange-Listed Fixed Rate Financial Preferred Securities
Replication method
Physical
Management style
Passive
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.
PGF delivers a concentrated portfolio of exclusively financial-sector preferred securities. To be eligible for inclusion in the underlying index, such securities must be USD denominated, have no final maturity date, and whose payments are qualified dividend income under the US tax code. Qualifying securities must also be listed on the NASDAQ or NYSE. Its financials-only focus sets PGF apart: the fund takes an already-dominant sector and embraces it fully. Like its peers, PGF holds both investment- and non-investment-grade securities. The Index is rebalanced on the last calendar day of each month. Prior to June 30, 2021, the fund tracked the Wells Fargo Hybrid and Preferred Securities Financial Index.

Classification


Asset Class
Fixed income
Category
Corporate, preferred
Focus
Broad credit
Niche
Broad maturities
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Market value
Selection criteria
Market value
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to PGF via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PGF trades at 14.04 USD today, its price has fallen −0.35% in the past 24 hours. Track more dynamics on PGF price chart.
PGF net asset value is 14.10 today — it's risen 0.70% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
PGF assets under management is ‪785.70 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
PGF price has fallen by −0.14% over the last month, and its yearly performance shows a −5.07% decrease. See more dynamics on PGF price chart.
NAV returns, another gauge of an ETF dynamics, showed a −1.97% decrease in three-month performance and has increased by 0.87% in a year.
PGF fund flows account for ‪−75.89 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PGF invests in bonds. See more details in our Analysis section.
PGF expense ratio is 0.54%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, PGF isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, PGF technical analysis shows the neutral rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PGF shows the sell signal. See more of PGF technicals for a more comprehensive analysis.
Yes, PGF pays dividends to its holders with the dividend yield of 6.29%.
PGF trades at a premium (0.06%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
PGF shares are issued by Invesco Ltd.
PGF follows the ICE Bofa Exchange-Listed Fixed Rate Financial Preferred Securities. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 1, 2006.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.