PowerShares Dividend Achievers Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Broad Dividend Achievers Index (the Index). The Index is designed to identify a diversified group of dividend paying companies. These companies have increased their annual dividend for 10 or more consecutive fiscal years. The portfolio is rebalanced quarterly and reconstituted annually. The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise Index. The Fund's investment advisor is Invesco PowerShares Capital Management LLC.
Basic Details
Issuer Invesco
Fund NameInvesco Dividend Achievers ETF
Tax ClassificationRegulated Investment Company
SymbolNASDAQ:PFM
Inception Date9/15/2005
Fund ManagerPeter Hubbard, Michael Jeanette, Tony Seisser, Jonathan Nixon
Phone+1-630-9339600
Fund Focus
Asset ClassEquity
BenchmarkNASDAQ US Broad Div Achievers TR USD
CategoryStrategy
FocusHigh Dividend Yield
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$301.27 million
Average Daily Volume$14,260.00
Discount/Premium1.22%
ETF Expenses
Management Fee0.40%
Other Expenses0.15%
Total Expenses0.55%
Fee Waiver0.00%
Net Expenses0.55%
Administrator, Advisor and Custodian
AdministratorThe Bank of New York Mellon Corporation
AdvisorInvesco Capital Management LLC
CustodianThe Bank of New York Mellon Corporation
DistributorInvesco Distributors, Inc.
Transfer AgentThe Bank of New York Mellon Corporation
Trustee
Lead Market MakerCitadel
Invesco Dividend Achievers ETF (NASDAQ:PFM) Frequently Asked Questions
What is Invesco Dividend Achievers ETF's stock symbol?
Invesco Dividend Achievers ETF trades on the NASDAQ under the ticker symbol "PFM."
How often does Invesco Dividend Achievers ETF pay dividends? What is the dividend yield for Invesco Dividend Achievers ETF?
Invesco Dividend Achievers ETF declared a quarterly dividend on Monday, September 24th. Investors of record on Tuesday, September 25th will be paid a dividend of $0.1471 per share on Friday, September 28th. This represents a $0.59 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date of this dividend is Monday, September 24th. View Invesco Dividend Achievers ETF's Dividend History.
Who are Invesco Dividend Achievers ETF's key executives?
Invesco Dividend Achievers ETF's management team includes the folowing people:
- H. Bruce Bond, Chief Executive Officer, Managing Director, Trustee (Age 49)
- Bruce T. Duncan, Chief Financial Officer, Senior Vice President - Finance (Age 60)
- Kevin R. Gustafson, Chief Compliance Officer, General Counsel (Age 43)
- John Southard, Treasurer, Managing Director, Trustee (Age 40)
- Keith A Ovitt, Secretary (Age 50)
- Ronn R. Bagge, Trustee (Age 55)
- D. Mark McMillan, Trustee (Age 49)
- Philip M. Nussbaum Mba, Trustee (Age 52)
Who are Invesco Dividend Achievers ETF's major shareholders?
Invesco Dividend Achievers ETF's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.46%) and Webster Bank N. A. (0.04%).
Which major investors are buying Invesco Dividend Achievers ETF stock?
PFM stock was bought by a variety of institutional investors in the last quarter, including Webster Bank N. A. and Bank of Montreal Can.
How do I buy shares of Invesco Dividend Achievers ETF?
Shares of PFM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Invesco Dividend Achievers ETF's stock price today?
One share of PFM stock can currently be purchased for approximately $26.70.
How big of a company is Invesco Dividend Achievers ETF?
Invesco Dividend Achievers ETF has a market capitalization of $322.51 million.
What is Invesco Dividend Achievers ETF's official website?
How can I contact Invesco Dividend Achievers ETF?
Invesco Dividend Achievers ETF's mailing address is 301 WEST ROOSEVELT ROAD, WHEATON, IL 60187, United States. The company can be reached via phone at +1-630-9339600.
MarketBeat Community Rating for Invesco Dividend Achievers ETF (NASDAQ PFM)
MarketBeat's community ratings are surveys of what our community members think about Invesco Dividend Achievers ETF and other stocks. Vote "Outperform" if you believe PFM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PFM will underperform the S&P 500 over the long term. You may vote once every thirty days.
