Key stats
About Invesco Bloomberg Pricing Power ETF
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Inception date
Dec 15, 2006
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
US46138J7752
POWA screens the US large- and mid-cap universe based on four factors: profitability history, market cap sector ranking, debt-to-market cap ratio, and gross margin stability. Securities must have positive profit margin for the previous five years. From these names, the top 50 securities by market-cap within each sector are considered. The bottom 10% of securities within each sector that have the worst debt-to-market capitalization ratio are removed. Of the remaining 50 securities with the most stable profit margin are included in the index. Holdings are equal-weighted and rebalanced quarterly. On October 24, 2016, the underlying index changed from the Sabrient Defensive Equity Index to Invesco Defensive Equity Index. Prior to August 28, 2023 the fund traded under the name Invesco Defensive Equity ETF, and used ticker DEF. The underlying index was also changed at that time to the current index.
Related funds
Classification
What's in the fund
Exposure type
Technology Services
Retail Trade
Health Technology
Distribution Services
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.
00MJ assets under management is 162.97 M 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.
00MJ invests in stocks. See more details in our Analysis section.
00MJ expense ratio is 0.40%. 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, 00MJ 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, 00MJ pays dividends to its holders with the dividend yield of 1.11%.
00MJ shares are issued by Invesco Ltd.
00MJ follows the Bloomberg Pricing Power Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 15, 2006.
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.