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About INVESCO SOLAR ETF
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Inception date
Apr 15, 2008
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
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.
TAN offers a unique take on renewable energy, holding a concentrated portfolio of companies involved in the solar energy industry, thus cutting out much of the broader renewable energy market. Selection begins with global solar energy companies of all caps including all solar technologies (crystalline and thin-film photovoltaic solar and solar thermal), the entire value chain (raw materials, installers, to financing), and related solar equipment (power inverters and encapsulates). Eligible companies are categorized into either pure-play or medium-play. Pure-play companies have the solar industry as their primary business, generating more than two-thirds of their revenue. Medium-play companies cover those with multiple business industries but still generate more than one-third of their revenue from solar-related businesses. The funds weighting tilts towards pure-plays and underweights the medium-play firms. The index is rebalanced 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
Electronic Technology
Utilities
Stocks100.02%
Electronic Technology57.27%
Utilities21.96%
Process Industries9.33%
Producer Manufacturing4.91%
Finance3.99%
Industrial Services2.54%
Bonds, Cash & Other−0.02%
Cash−0.02%
Stock breakdown by region
North America53.91%
Asia24.92%
Middle East12.76%
Europe8.40%
Latin America0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TAN invests in stocks. The fund's major sectors are Electronic Technology, with 57.28% stocks, and Utilities, with 21.96% of the basket. The assets are mostly located in the North America region.
TAN top holdings are Nextracker Inc. Class A and First Solar, Inc., occupying 12.06% and 11.94% of the portfolio correspondingly.
TAN last dividends amounted to 3.33 MXN. The year before, the issuer paid 0.83 MXN in dividends, which shows a 75.07% increase.
Yes, TAN pays dividends to its holders with the dividend yield of 0.49%. The last dividend (Dec 27, 2024) amounted to 3.33 MXN. The dividends are paid annually.
TAN shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Apr 15, 2008, and its management style is Passive.
TAN expense ratio is 0.71% meaning you'd have to pay 0.71% of your investment to help manage the fund.
TAN follows the MAC Global Solar Energy Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TAN invests in stocks.
TAN price has fallen by −1.04% over the last month, and its yearly performance shows a −8.46% decrease. See more dynamics on TAN price chart.
NAV returns, another gauge of an ETF dynamics, showed a −0.80% decrease in three-month performance and has decreased by −4.07% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −0.80% decrease in three-month performance and has decreased by −4.07% in a year.
TAN trades at a premium (2.04%) meaning the ETF is trading at a higher price than the calculated NAV.