Key stats
About Invesco Aerospace & Defense ETF
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Inception date
Oct 26, 2005
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
US46137V1008
PPA aims to provide broadly defined exposure to the aerospace & defense industry, which may also include firms in non-defense industries. The fund specifically includes NYSE- or NASDAQ-listed companies engaged in operations supporting the US defense, military, homeland security, and space operations. In this narrow, highly concentrated space, the fund managers use size, liquidity, and revenue screens in selecting its constituents. In addition, the fund managers have discretion on any addition or deletions of holdings at any time if they believe such securities no longer represent the funds industry focus. Selected securities are weighted by market-cap and are rebalanced quarterly, employing 10% weight constraints on each individual constituent in an effort to diversify its portfolio.
Related funds
Classification
What's in the fund
Exposure type
Electronic Technology
Stock breakdown by region
Top 10 holdings
WAR What is it good for?Absolutely nothing, except for the military industrial complex.
One can argue for 3 years of pumping stocks (WAR), 3 years of dumping stocks (VACAY), and 3 years of accumulation (PLANNING).
Jesus man, we're in for a 3 year long war conflict doubling price, considering the trend, this is not going
See all ideas
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.
A2JNSR assets under management is 5.34 B EUR. 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.
A2JNSR invests in stocks. See more details in our Analysis section.
A2JNSR expense ratio is 0.58%. 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, A2JNSR 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, A2JNSR pays dividends to its holders with the dividend yield of 0.44%.
A2JNSR shares are issued by Invesco Ltd.
A2JNSR follows the SPADE Defense Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 26, 2005.
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.