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About Invesco Top QQQ ETF
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Inception date
Dec 4, 2024
Structure
Open-Ended Fund
Replication method
Physical
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.
ISIN
US46090A6718
QBIG is actively managed to capture the performance of the top 45% of companies from the Nasdaq-100 based on market cap. The fund aims to achieve this through investment in total return swaps, as well as through direct investment in the equity securities of the indexs constituents. The equity component is done through an equity sleeve, which invests the funds assets in proportion to their weightings in the index. Adjustments are made based on market conditions, research, and the weightings of the companies in the index. At the same time, it also employs the use of total return swaps to satisfy certain diversification and other requirements to qualify for favorable tax treatment as a regulated investment company. Each sleeve may hold around 50% of the funds assets. Since the funds portfolio will be highly concentrated, it will only hold a small number of stocks, and no single company weight may exceed 35% of the index.
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
Technology Services
Corporate
Mutual fund
Stocks33.82%
Electronic Technology15.62%
Technology Services12.32%
Retail Trade3.63%
Consumer Durables2.25%
Bonds, Cash & Other66.18%
Corporate36.75%
Mutual fund29.42%
Cash0.01%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
No, QBIG doesn't pay dividends to its holders.
QBIG shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Dec 4, 2024, and its management style is Active.
QBIG expense ratio is 0.29% meaning you'd have to pay 0.29% of your investment to help manage the fund.
QBIG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
QBIG invests in bonds.