Key stats
About Invesco S&P Ultra Dividend Revenue ETF
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Inception date
Sep 30, 2013
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
US46138G6567
RDIV competes in the high-dividend securities market through a revenue-weighted portfolio. The fund selects the 60 highest-yielding securities from the S&P 500 and S&P 400, and weights them by revenue. This approach sets the fund apart and produces a unique portfolio with big sector tilts. Still, with only about 60 holdings, the fund's biases can change quickly. The strategy produces a high portfolio yield, but some investors may be wary of the increased exposure to a smaller selection universe. The index is reconstituted and rebalanced quarterly. Prior to June 4, 2018, the funds underlying index was called OFI Revenue Weighted Ultra Dividend Index.
Related funds
Classification
What's in the fund
Exposure type
Finance
Energy Minerals
Retail Trade
Utilities
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
RDIV assets under management is 844.14 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
RDIV invests in stocks. See more details in our Analysis section.
RDIV expense ratio is 0.39%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, RDIV isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, RDIV pays dividends to its holders with the dividend yield of 3.83%.
RDIV shares are issued by Invesco Ltd.
RDIV follows the S&P 900 Dividend Revenue-Weighted Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 30, 2013.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.