PGF: Invesco Financial Preferred ETF - MutualFunds.com
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Quality
Rating Breakdown
Avg.
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Invesco Financial Preferred ETF

PGF - Snapshot

Vitals

  • YTD Return -1.3%
  • 3 Yr Annualized Return 6.0%
  • 5 Yr Annualized Return 5.6%
  • Net Assets $1.81 B
  • Holdings in Top 10 21.7%

52 WEEK LOW AND HIGH

$19.05
$17.54
$19.31

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.61%

SALES FEES

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

BROKERAGE FEES

  • Turnover 31.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification

  • Primary Theme
    Preferred Stock
  • Fund Type Exchange Traded Fund
  • Investment Style Preferred Stock

Compare PGF to Popular Preferred Stock Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

iShares Preferred and Income Securities ETF

PFF | ETF

$38.87

+0.03%

$18.32 B

4.63%

$1.80

0.55%

0.46%

Cohen & Steers Preferred Securities and Income Fund, Inc.

Fund

$14.38

+0.07%

$11.27 B

5.08%

$0.73

-0.21%

0.85%

Principal Spectrum Preferred and Capital Securities Income Fund

Fund

$10.49

+0.10%

$8.02 B

4.33%

$0.45

0.19%

0.81%

Invesco Preferred ETF

PGX | ETF

$15.15

0.00%

$6.73 B

4.92%

$0.75

-1.25%

0.50%

First Trust Preferred Securities and Income ETF

FPE | ETF

$20.36

-0.05%

$6.19 B

4.77%

$0.97

1.04%

0.85%

PGF - Profile

Distributions

  • YTD Total Return -0.9%
  • 3 Yr Annualized Total Return 6.0%
  • 5 Yr Annualized Total Return 5.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 5.10%
DIVIDENDS
  • Dividend Yield 2.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Invesco Financial Preferred ETF
  • Fund Family Name
    Invesco
  • Inception Date
    Dec 01, 2006
  • Shares Outstanding
    96100000
  • 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 securities that comprise the underlying index. The underlying index is a market capitalization weighted index designed to track the performance of preferred securities and securities that the index provider believes are functionally equivalent to preferred securities, including, but not limited to, depositary preferred securities, perpetual subordinated debt and certain capital securities. It is non-diversified.

PGF - Performance

Return Ranking - Trailing

Period PGF Return Category Return Low Category Return High Rank in Category (%)
YTD -1.3% -1.7% 11.4% 98.73%
1 Yr 17.3% 14.4% 110.1% 89.87%
3 Yr 6.0%* 0.2% 9.4% 64.79%
5 Yr 5.6%* 2.0% 10.2% 77.27%
10 Yr 6.4%* 5.3% 10.8% 70.00%

* Annualized

Return Ranking - Calendar

Period PGF Return Category Return Low Category Return High Rank in Category (%)
2020 1.8% -79.5% 4.8% 15.38%
2019 8.7% 2.3% 20.1% 90.67%
2018 -8.0% -19.0% -5.7% 8.82%
2017 5.1% -5.0% 18.5% 64.52%
2016 -4.6% -6.1% 1.7% 96.67%

Total Return Ranking - Trailing

Period PGF Return Category Return Low Category Return High Rank in Category (%)
YTD -0.9% -1.6% 11.5% 97.47%
1 Yr 17.3% 12.9% 110.1% 88.61%
3 Yr 6.0%* -0.8% 9.4% 59.15%
5 Yr 5.6%* 1.7% 10.2% 75.76%
10 Yr 6.4%* 5.3% 10.8% 67.50%

* Annualized

Total Return Ranking - Calendar

Period PGF Return Category Return Low Category Return High Rank in Category (%)
2020 1.8% -24.8% 4.8% 16.67%
2019 8.7% 2.3% 20.1% 90.67%
2018 -8.0% -19.0% -1.8% 23.53%
2017 5.1% -5.0% 18.5% 77.42%
2016 -4.6% -6.1% 7.5% 96.67%

PGF - Holdings

Concentration Analysis

PGF Category Low Category High PGF % Rank
Net Assets 1.81 B 12.1 M 18.3 B 43.90%
Number of Holdings 110 47 515 84.15%
Net Assets in Top 10 393 M 2.34 M 2.64 B 43.90%
Weighting of Top 10 21.72% 12.6% 47.2% 40.24%

Top 10 Holdings

  1. Wells Fargo & Co 4.75% PRF PERPETUAL USD 25 Series Z Class A 2.74%
  2. JPMorgan Chase & Co 6% PRF PERPETUAL USD 25 - Dep rep 1/400 Ser EE 2.57%
  3. Wells Fargo & Co Deposit Shs Repr 1/1000th 5.85 % Non-Cum Perp Pfd Shs -A- 2.42%
  4. JPMorgan Chase & Co Pfd 2.31%
  5. Citigroup Inc Deposit Shs Repr 1/1000th 6 7/8 % Non-Cum Perp Pfd Shs Series 2.16%
  6. PNC Financial Services Group Inc Perpetual Preferred Share class-P 2.03%
  7. Bank of America Corp Pfd 1.99%
  8. Bank of America Corp Pfd 1.95%
  9. JPMorgan Chase & Co Non-Cum Pfd Shs Series -AA- 1.87%
  10. JPMorgan Chase & Co. 0% 1.80%

Asset Allocation

Weighting Return Low Return High PGF % Rank
Preferred Stocks 		99.09% 2.55% 119.38% 4.88%
Other 		0.88% 0.00% 16.63% 21.95%
Cash 		0.03% -28.24% 19.51% 95.12%
Stocks 		0.00% 0.00% 53.42% 73.17%
Convertible Bonds 		0.00% 0.00% 38.39% 87.80%
Bonds 		0.00% -0.99% 82.31% 87.80%

PGF - Expenses

Operational Fees

PGF Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.61% 0.15% 4.20% 82.28%
Management Fee 0.50% 0.00% 1.21% 18.29%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.55% N/A

Sales Fees

PGF Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.00% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

PGF Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

PGF Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 31.00% 6.30% 202.00% 27.50%

PGF - Distributions

Dividend Yield Analysis

PGF Category Low Category High PGF % Rank
Dividend Yield 2.04% 0.00% 3.52% 13.41%

Dividend Distribution Analysis

PGF Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

PGF Category Low Category High PGF % Rank
Net Income Ratio 5.10% 2.64% 7.54% 37.50%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

PGF - Fund Manager Analysis

Managers

Peter Hubbard

Start Date

Tenure

Tenure Rank

Jun 01, 2007

13.84

13.8%

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.

Jeffrey Kernagis

Start Date

Tenure

Tenure Rank

Sep 30, 2007

13.51

13.5%

Kernagis is a Senior Portfolio Manager of Invesco Capital Management LLC. Mr. Kernagis has been associated with Invesco Capital Management LLC since 2007. Prior to joining Invesco Capital Management LLC, Mr. Kernagis was a Portfolio Manager at Claymore Securities, Inc. from 2005 to 2007. Prior to that, Mr. Kernagis was a Senior Trader at Mid-States Corporate Federal Credit Union from 2004 to 2005 and a Vice President of Institutional Futures Sales at ABN Amro, Inc. from 1994 to 2003.

Gary Jones

Start Date

Tenure

Tenure Rank

Aug 30, 2013

7.59

7.6%

Gary Jones is a Portfolio Manager of Invesco PowerShares Capital Management LLC and has been one of the Portfolio Managers primarily responsible for the day-to-day management of the Funds since January 2012. Mr. Jones has been a Portfolio Manager of the Adviser since December 2010. Previously, he was a Portfolio Manager of Van Kampen Investments from 2007 to 2009.

Richard Ose

Start Date

Tenure

Tenure Rank

Aug 29, 2014

6.59

6.6%

Richard Ose is a Vice President and Portfolio Manager of the Invesco PowerShares Capital Management LLC and has been employed by the Invesco PowerShares Capital Management LLC since 2011. Mr. Ose has been a Portfolio Manager of the Invesco PowerShares Capital Management LLC since July 2011. Prior to joining the Invesco PowerShares Capital Management LLC, Mr. Ose was an equity and derivatives trader at Claymore Advisors from 2007 to 2011.

Tom Boska

Start Date

Tenure

Tenure Rank

Aug 28, 2019

1.59

1.6%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.12 29.15 7.46 10.25

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