PCEF: Invesco CEF Income Composite ETF - MutualFunds.com
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Invesco CEF Income Composite ETF

PCEF - Snapshot

Vitals

  • YTD Return 5.3%
  • 3 Yr Annualized Return 8.4%
  • 5 Yr Annualized Return 9.4%
  • Net Assets $830 M
  • Holdings in Top 10 25.3%

52 WEEK LOW AND HIGH

$23.84
$18.34
$23.84

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.50%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 21.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification


Compare PCEF to Popular U.S. Conservative Allocation Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$14.59

-0.07%

$6.05 B

1.24%

$0.18

0.83%

0.51%

$17.23

-0.06%

$5.93 B

1.62%

$0.28

-0.40%

-

$13.74

+0.22%

$4.71 B

4.41%

$0.60

2.92%

-

$13.24

+0.08%

$2.86 B

1.78%

$0.24

2.48%

0.60%

$12.60

0.00%

$2.51 B

1.25%

$0.16

2.02%

0.59%

PCEF - Profile

Distributions

  • YTD Total Return 6.2%
  • 3 Yr Annualized Total Return 8.4%
  • 5 Yr Annualized Total Return 9.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 6.36%
DIVIDENDS
  • Dividend Yield 3.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Invesco CEF Income Composite ETF
  • Fund Family Name
    Invesco
  • Inception Date
    Feb 19, 2010
  • Shares Outstanding
    35780000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Peter Hubbard

Fund Description

The fund generally will invest at least 90% of its total assets in the components of the index. It is a “fund of funds,” meaning that it invests its assets in the common shares of funds included in the index rather than in individual securities. The index is designed to measure the overall performance of a universe of U.S.-listed closed-end funds that are organized under the laws of the United States and are principally engaged in asset management processes designed to produce taxable annual yield.


PCEF - Performance

Return Ranking - Trailing

Period PCEF Return Category Return Low Category Return High Rank in Category (%)
YTD 5.3% -4.7% 5.3% 0.60%
1 Yr 43.2% 3.2% 43.2% 0.63%
3 Yr 8.4%* -0.6% 8.5% 3.16%
5 Yr 9.4%* -0.4% 9.4% 0.65%
10 Yr 7.1%* 2.7% 7.1% 0.85%

* Annualized

Return Ranking - Calendar

Period PCEF Return Category Return Low Category Return High Rank in Category (%)
2020 -3.8% -3.8% 11.1% 100.00%
2019 15.2% 3.0% 15.2% 0.64%
2018 -15.4% -18.4% -1.2% 97.37%
2017 6.6% -9.1% 9.9% 6.21%
2016 5.0% -3.4% 17.3% 14.07%

Total Return Ranking - Trailing

Period PCEF Return Category Return Low Category Return High Rank in Category (%)
YTD 6.2% -4.7% 6.2% 0.60%
1 Yr 43.2% 2.0% 43.2% 0.63%
3 Yr 8.4%* -1.6% 8.5% 3.16%
5 Yr 9.4%* -0.7% 9.4% 0.65%
10 Yr 7.1%* 2.7% 7.1% 0.85%

* Annualized

Total Return Ranking - Calendar

Period PCEF Return Category Return Low Category Return High Rank in Category (%)
2020 -3.8% -3.8% 11.1% 100.00%
2019 15.2% 3.0% 15.2% 0.64%
2018 -15.4% -18.4% 0.4% 97.37%
2017 6.6% -3.3% 15.3% 45.52%
2016 5.0% -3.4% 19.9% 35.56%

PCEF - Holdings

Concentration Analysis

PCEF Category Low Category High PCEF % Rank
Net Assets 830 M 1.21 M 6.05 B 32.14%
Number of Holdings 126 3 3986 28.57%
Net Assets in Top 10 208 M 1.27 M 5.85 B 55.95%
Weighting of Top 10 25.31% 5.4% 100.0% 86.83%

Top 10 Holdings

  1. EV Tax-Mgd Gbl Div Equity Income 4.00%
  2. BlackRock Enhanced Equity Div 2.86%
  3. PIMCO Dynamic Credit and Mortgage Inc 2.62%
  4. DoubleLine Income Solutions 2.60%
  5. Virtus Divid, Interest & Prem 2.39%
  6. AllianzGI Div Interest & Prem 2.38%
  7. EV Limited Duration Income 2.35%
  8. Nuveen Pref & Income Securities Fund 2.29%
  9. Nuveen S&P 500 Buy-Write Income 2.23%
  10. EV Tax-Managed Div Equity Income 2.22%

Asset Allocation

Weighting Return Low Return High PCEF % Rank
Bonds
61.48% 13.02% 88.33% 70.83%
Stocks
34.34% -23.79% 35.52% 4.17%
Preferred Stocks
5.11% -0.03% 14.88% 5.36%
Convertible Bonds
4.27% 0.00% 12.32% 8.33%
Other
0.92% -5.13% 30.19% 20.24%
Cash
-6.12% -20.62% 72.41% 90.48%

Stock Sector Breakdown

Weighting Return Low Return High PCEF % Rank
Technology
21.16% 0.00% 25.49% 29.17%
Financial Services
13.58% 0.00% 99.95% 75.60%
Healthcare
12.69% 0.00% 31.70% 39.88%
Consumer Cyclical
9.31% 0.00% 17.13% 73.81%
Communication Services
9.30% 0.00% 10.61% 22.62%
Industrials
8.46% 0.00% 20.08% 91.07%
Consumer Defense
6.61% 0.00% 24.08% 58.93%
Utilities
6.19% 0.00% 78.39% 15.48%
Energy
5.49% 0.00% 28.97% 8.93%
Basic Materials
4.10% 0.00% 10.77% 40.48%
Real Estate
3.10% 0.00% 88.00% 72.02%

Stock Geographic Breakdown

Weighting Return Low Return High PCEF % Rank
US
26.79% -23.83% 26.79% 0.60%
Non US
7.55% -2.27% 12.21% 36.90%

Bond Sector Breakdown

Weighting Return Low Return High PCEF % Rank
Corporate
59.95% 1.20% 97.32% 19.64%
Government
13.09% 0.00% 60.17% 80.95%
Securitized
13.06% 0.00% 45.36% 79.76%
Cash & Equivalents
6.97% 0.21% 80.67% 77.38%
Derivative
3.82% 0.00% 28.65% 34.52%
Municipal
3.10% 0.00% 12.15% 9.52%

Bond Geographic Breakdown

Weighting Return Low Return High PCEF % Rank
US
42.89% 10.30% 117.69% 77.38%
Non US
18.59% -70.24% 32.36% 13.10%

PCEF - Expenses

Operational Fees

PCEF Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.50% 0.06% 16.08% 67.76%
Management Fee 0.50% 0.00% 1.20% 85.71%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

PCEF Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

PCEF Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PCEF Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 21.00% 6.00% 346.00% 13.25%

PCEF - Distributions

Dividend Yield Analysis

PCEF Category Low Category High PCEF % Rank
Dividend Yield 3.52% 0.00% 3.52% 0.60%

Dividend Distribution Analysis

PCEF Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

PCEF Category Low Category High PCEF % Rank
Net Income Ratio 6.36% -0.89% 6.36% 0.61%

Capital Gain Distribution Analysis

PCEF Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Dividend Payout History

View More +

PCEF - Fund Manager Analysis

Managers

Peter Hubbard


Start Date

Tenure

Tenure Rank

Feb 19, 2010

11.12

11.1%

Peter Hubbard, Vice President and Director of Portfolio Management of the Invesco PowerShares Capital Management LLC. Mr. Hubbard has been a Portfolio Manager of the Adviser since June 2007 and has been associated with the Adviser since 2005. Prior to joining the Invesco PowerShares Capital Management LLC, Hubbard was a research analyst and trader for Ritchie Capital from September 2003 to May 2005.

Michael Jeanette


Start Date

Tenure

Tenure Rank

Feb 19, 2010

11.12

11.1%

Michael Jeanette, Senior Portfolio Manager of Invesco Capital Management LLC, has been associated with Invesco Capital Management LLC since 2008. Prior to joining Invesco Capital Management LLC, Mr. Jeanette was a trust advisor and GM of Chicago based Richard Lamb, LLC from 1998 to 2007.

Tony Seisser


Start Date

Tenure

Tenure Rank

Feb 28, 2014

7.09

7.1%

Tony Seisser is a Vice President and Portfolio Manager of Invesco PowerShares Capital Management LLC since December 2013. Prior to joining the Adviser, he was employed by Guggenheim Funds Distributors, Inc. where he was a trader from 2010 to 2013. Prior to that, Mr. Seisser was a compliance investigator at the Chicago Board of Options Exchange and Chicago Futures Exchange from 2008 to 2010.

Pratik Doshi


Start Date

Tenure

Tenure Rank

Dec 20, 2019

1.28

1.3%

Pratik Doshi is a Portfolio Manager of Invesco Capital Management. Mr. Doshi has been a Portfolio Manager of Invesco Capital Management since October 2019 and has been associated with Invesco Capital Management since 2018. Prior to joining Invesco Capital Management, Mr. Doshi was a business student in the MBA program at the University of Chicago from 2016 to 2018. From 2014 to 2016, he served as a Vice President at Bank of America, and from 2007 to 2014 he served as Assistant Vice President at Barclays Capital.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 26.52 5.5 0.75