NYSEARCA:PGX

Invesco Preferred ETF (PGX) Price, Holdings, & News

$11.27

+0.02 (+0.18%)

(As of 04:00 PM ET)

Compare

Today's Range: $11.22
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$11.31
50-Day Range: $10.83
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$11.75
52-Week Range: $10.80
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$13.43

Volume: 3.57 million shs
Average Volume: 5.97 million shs
Market Capitalization: $4.64 billion

Assets Under Management: $4.61 billion
Dividend Yield: 6.30%
Net Expense Ratio: 0.50%

Profile Chart Dividend Headlines Holdings Options Chain

About Invesco Preferred ETF (NYSEARCA:PGX)

The PowerShares Preferred Portfolio (Fund) is based on The BofA Merrill Lynch Core Fixed Rate Preferred Securities Index (Index). The Fund normally invest at least 90% of its total assets in securities that comprise the Index. The Index is designed to replicate the total return of a diversified group of investment-grade preferred securities. The Index is rebalanced on a monthly basis. The Fund seeks investment results that correspond generally to the price and yield (before fees and expenses) of a securities index. The Fund invests in sectors, such as basic materials, financial, utilities and unclassified. Invesco PowerShares Capital Management LLC. is the investment adviser.

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PGX ETF News Headlines

May 22, 2023 | seekingalpha.com

Invesco Preferred ETF declares monthly distribution of $0.0604

May 6, 2023 | americanbankingnews.com

Invesco Preferred ETF (NYSEARCA:PGX) Sets New 1-Year Low at $10.87

May 31, 2023 | Edge On The Street (Ad)

Soaring EV Industry Keeps Investor Focus on Lithium

The need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.

March 21, 2023 | marketwatch.com

How the price action of Invesco Preferred ($PGX) is used to our Advantage

February 20, 2023 | seekingalpha.com

Invesco Preferred ETF declares monthly distribution of $0.0582

January 25, 2023 | msn.com

Invesco Preferred ETF declares monthly distribution of $0.0608

January 5, 2023 | benzinga.com

Invesco Preferred ETF (ARCA:PGX), Quotes and News Summary

December 10, 2022 | seekingalpha.com

Invesco Preferred Portfolio ETF: Lower Price, Higher Yield

May 31, 2023 | Edge On The Street (Ad)

Soaring EV Industry Keeps Investor Focus on Lithium

The need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.

October 24, 2022 | seekingalpha.com

Invesco Preferred ETF declares monthly distribution of $0.0607

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30 days | 90 days | 365 days | Advanced Chart

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Fund Details

Issuer: Invesco
Fund Name: Invesco Preferred ETF
Tax Classification: Regulated Investment Company
Stock Exchange: NYSEARCA
Current Symbol: NYSEARCA:PGX
Inception Date: 1/31/2008
Fund Manager: Peter Hubbard, Richard Ose, Tom Boksa, Gary Jones, Gregory Meisenger
Web: www.invescopowershares.com
Phone: N/A

Fund Focus

Asset Class: Equity
Benchmark: ICE BofA Core Plus Fixed Rate Preferred Securities Index
Category: Strategy
Focus: Preferred Stock
Development Level: Developed Markets
Region: North America
Number of Holdings: 271

Fund Statistics

Assets Under Management: $4.61 billion
Average Daily Volume: $7.23 million
Discount/Premium: 0.05%

Administrator, Advisor and Custodian

Administrator: The Bank of New York Mellon Corporation
Advisor: Invesco Capital Management LLC
Custodian: The Bank of New York Mellon Corporation
Distributor: Invesco Distributors, Inc.
Transfer Agent: The Bank of New York Mellon Corporation
Trustee: N/A
Lead Market Maker: Citadel

Options

Optionable: Optionable
Options Volume: 102
Put Options: 1
Call Options: 101
Short Interest: 9,050,000 shs

Miscellaneous

Outstanding Shares: 411,750,000
Beta: 0.46
Creation Unit: 50,000
Creation Fee: $500.00

Invesco Preferred ETF Expenses

Type	PGX	Preferred Stock ETFs	Equity ETFs	NYSEARCA ETFs	All ETFs
Management Fee	0.50%	0.48%	0.52%	0.50%	0.49%
Other Expenses	0.00%	0.23%	0.48%	0.64%	0.51%
Total Expense	0.50%	0.51%	0.67%	0.74%	0.66%
Fee Waiver	0.00%	0.00%	-0.49%	-0.70%	-0.52%
Net Expense	0.50%	0.52%	0.58%	0.57%	0.55%

Invesco Preferred ETF (PGX) Holdings & Exposure

Top 10 PGX Holdings

JPMorgan Chase & Co
Holding Weight: 1.80%
JPMorgan Chase & Co
Holding Weight: 1.62%
JPMorgan Chase & Co
Holding Weight: 1.54%
Wells Fargo & Co
Holding Weight: 1.53%
JPMorgan Chase & Co
Holding Weight: 1.52%
AT&T Inc
Holding Weight: 1.41%
Bank of America Corp
Holding Weight: 1.38%
Bank of America Corp
Holding Weight: 1.29%
JPMorgan Chase & Co
Holding Weight: 1.24%
AT&T Inc
Holding Weight: 1.21%

PGX Sector Exposure

PGX Industry Exposure

Full Holdings Details

Similar ETFs

Institutional Ownership

View All Institutional Transactions

PGX ETF - Frequently Asked Questions

How have PGX shares performed in 2023?: Invesco Preferred ETF's stock was trading at $11.18 at the beginning of 2023. Since then, PGX shares have increased by 0.5% and is now trading at $11.24.
View the best growth stocks for 2023 here.
How often does Invesco Preferred ETF pay dividends? What is the dividend yield for Invesco Preferred ETF?: Invesco Preferred ETF declared a dividend on Monday, January 2nd. Investors of record on Tuesday, May 23rd will be paid a dividend of $0.0605 per share on Friday, May 26th. The ex-dividend date of this dividend is Monday, May 22nd.
Read our dividend analysis for PGX.
What does PGX invest in?: Invesco Preferred ETF is a equity fund issued by Invesco. PGX focuses on preferred stock investments and follows the ICE BofA Core Plus Fixed Rate Preferred Securities Index. The fund's investments total to approximately $4.61 billion assets under management.
What stocks does Invesco Preferred ETF hold?: PGX invests in 271 holdings. Some of the stocks in their portfolio include Brookfield Property Preferred (BPYPM), Brookfield Property Partners (BPYPO).
What is the management fee for Invesco Preferred ETF?: Invesco Preferred ETF's management fee is 0.50% and has no other recorded expenses or fee waivers. The net expense ratio for PGX is 0.50%.

What other stocks do shareholders of Invesco Preferred ETF own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Invesco Preferred ETF investors own include AT&T (T), Verizon Communications (VZ), Pfizer (PFE), Bank of America (BAC), Johnson & Johnson (JNJ), Walt Disney (DIS), Micron Technology (MU), iShares Preferred and Income Securities ETF (PFF), Home Depot (HD) and Intel (INTC).
What is Invesco Preferred ETF's stock symbol?: Invesco Preferred ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "PGX."
Who are Invesco Preferred ETF's major shareholders?: Invesco Preferred ETF's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Bank of America Corp DE (12.71%), Ameriprise Financial Inc. (2.93%), LPL Financial LLC (2.23%), Stonebridge Advisors LLC (1.33%), UBS Group AG (1.24%) and Allworth Financial LP (1.12%).
View institutional ownership trends.
How do I buy shares of Invesco Preferred ETF?: Shares of PGX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Invesco Preferred ETF's stock price today?: One share of PGX stock can currently be purchased for approximately $11.24.
How much money does Invesco Preferred ETF make?: Invesco Preferred ETF (NYSEARCA:PGX) has a market capitalization of $4.63 billion.

This page (NYSEARCA:PGX) was last updated on 5/31/2023 by MarketBeat.com Staff

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