Invesco High Yield Equity Dividend Achievers™ ETF PEY Strategy
Strategy
The investment seeks to track the investment results (before fees and expenses) of the NASDAQ U.S. Dividend AchieversTM 50 Index (the "underlying index"). The fund is an index fund that seeks to track the investment results of the underlying index. The manager has adopted a policy to invest, under normal circumstances, at least 80% of the value of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of companies that pay dividends, and in derivatives and other investments that have economic characteristics similar to equity securities of companies that pay dividends.
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Morningstar Rating for Funds
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Medalist Rating
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PEY
| Invesco High Yield Equity Dividend Achievers™ ETF | ETF | Open | $1.07B | 0.680% | — | — | −$161.52M | |||
PEY
| Invesco High Yield Equity Dividend Achievers™ ETF | ETF | Open | — | — | 0.680% | — | — | — |