Loading ETF profile…
The Invesco Preferred ETF (PGX) aims to replicate the performance of the ICE BofAML Core Plus Fixed Rate Preferred Securities Index. To achieve this, the Fund typically allocates a minimum of 80% of its total assets to fixed-rate, US dollar-denominated preferred securities that are components of this underlying index. The Index itself comprises fixed-rate, US dollar-denominated preferred securities issued within the domestic U.S. market. These securities must satisfy specific criteria: they require an average credit rating of at least B3 from leading agencies like Moody's, S&P, and Fitch. Additionally, they must originate from countries with an investment-grade risk profile, assessed by the average foreign currency long-term sovereign debt ratings provided by the same three agencies. Rather than fully replicating the entire index, the Fund employs a "sampling" methodology to pursue its investment objective efficiently. Both the Fund and its benchmark index undergo monthly rebalancing and reconstitution.
| Symbol | Name | Weight | Market Value |
|---|---|---|---|
| — | JPMorgan Chase & Co 6.00% 12/31/2079 | 1.79% | $68.78M |
| — | JPMorgan Chase & Co 5.75% 12/31/2079 | 1.57% | $60.17M |
| WFC-PZ | Wells Fargo & Co 4.75% 12/31/2079 | 1.44% | $55.33M |
| — | JPMorgan Chase & Co 4.63% 12/31/2079 | 1.33% | $51.12M |
| — | JPMorgan Chase & Co 4.20% 12/31/2079 | 1.32% | $50.64M |
| BAC-PB | Bank of America Corp 6.00% 12/31/2079 | 1.30% | $49.75M |
| T-PC | AT&T Inc 4.75% 12/31/2079 | 1.20% | $46.05M |
| BAC-PM | Bank of America Corp 5.38% 12/30/2049 | 1.14% | $43.83M |
| — | JPMorgan Chase & Co 4.55% 12/31/2079 | 1.07% | $40.88M |
| COF-PI | Capital One Financial Corp 5.00% 12/31/2079 | 1.05% | $40.39M |
| TBB | AT&T Inc 5.35% 11/01/2066 | 1.04% | $40.06M |
| — | Bank of America Corp 6.45% 12/15/2066 | 1.03% | $39.59M |
| BAC-PN | Bank of America Corp 5.00% 12/31/2079 | 1.01% | $38.61M |
| MS-PQ | Morgan Stanley 6.63% 12/31/2079 | 0.99% | $37.98M |
| MS-PP | Morgan Stanley 6.50% 12/31/2079 | 0.98% | $37.72M |
| MS-PI | Morgan Stanley 6.38% 12/31/2079 | 0.97% | $37.19M |
| DUK-PA | Duke Energy Corp 5.75% 12/31/2079 | 0.95% | $36.31M |
| MS-PK | Morgan Stanley 5.85% 12/31/2079 | 0.92% | $35.22M |
| ALL-PH | Allstate Corp/The 5.10% 12/31/2079 | 0.89% | $34.26M |
| T-PA | AT&T Inc 5.00% 12/31/2079 | 0.87% | $33.57M |
| MS-PO | Morgan Stanley 4.25% 12/31/2079 | 0.86% | $32.83M |
| BAC-PQ | Bank of America Corp 4.25% 12/31/2079 | 0.86% | $32.82M |
| COF-PJ | Capital One Financial Corp 4.80% 12/31/2079 | 0.84% | $32.30M |
| MS-PE | Morgan Stanley 7.13% 12/31/2079 | 0.84% | $32.25M |
| MS-PF | Morgan Stanley 6.88% 12/31/2079 | 0.83% | $31.96M |