PBP – Invesco S&P 500 BuyWrite ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to track the investment results (before fees and expenses) of the CBOE S&P 500 BuyWrite IndexSM. The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index and will write (sell) call options thereon. The underlying index is a total return benchmark index that is designed to track the performance of a hypothetical "buy-write" strategy on the S&P 500® Index.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PBP	Invesco S&P 500 BuyWrite ETF	ETF	Open			Dec 20, 2007	$389.18M	0.290%	—	—	$40.76M

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