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Invesco Preferred ETF (PGX)

ETF overview

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.

CountryUnited States of America
ExchangeAMEX
Trades inUSD
Current price
9.87 USD-0.60%
Close 21 Oct 2026
Interval
Benchmarks

Fund facts

Expense ratio
0.50%
Fund assets
3.56B USD (all share classes)
Issuer
Invesco
Inception date
Jan 31, 2008
Number of holdings
270

Breakdown

Holdings (270)

NameTickerWeight
JPMorgan Chase & Co 6.00% 12/31/2079JPM-PC1.75%
JPMorgan Chase & Co 5.75% 12/31/2079JPM-PD1.52%
Wells Fargo & Co 4.75% 12/31/2079WFC-PZ1.42%
JPMorgan Chase & Co 4.20% 12/31/2079JPM-PM1.32%
JPMorgan Chase & Co 4.63% 12/31/2079JPM-PL1.32%
Bank of America Corp 6.00% 12/31/2079BAC-PB1.24%
AT&T Inc 4.75% 12/31/2079T-PC1.15%
Bank of America Corp 5.38% 12/30/2049BAC-PM1.12%
JPMorgan Chase & Co 4.55% 12/31/2079JPM-PK1.05%
Capital One Financial Corp 5.00% 12/31/2079COF-PI1.04%
and 257 more

Similar ETFs

Overlap is the share of assets the two funds hold in common.

Historical returns do not guarantee future returns. This is not investment advice.

Invesco Preferred ETF (PGX)

PGX · AMEX
9.87 USD-0.60%
Sign up to track this ETF
Benchmarks
Fund facts
Expense ratio
0.50%
Fund assets
3.56B USD (all share classes)
Issuer
Invesco
Inception date
Jan 31, 2008
Number of holdings
270
Breakdown
Holdings (270)
NameTickerWeight
JPMorgan Chase & Co 6.00% 12/31/2079JPM-PC1.75%
JPMorgan Chase & Co 5.75% 12/31/2079JPM-PD1.52%
Wells Fargo & Co 4.75% 12/31/2079WFC-PZ1.42%
JPMorgan Chase & Co 4.20% 12/31/2079JPM-PM1.32%
JPMorgan Chase & Co 4.63% 12/31/2079JPM-PL1.32%
Bank of America Corp 6.00% 12/31/2079BAC-PB1.24%
AT&T Inc 4.75% 12/31/2079T-PC1.15%
Bank of America Corp 5.38% 12/30/2049BAC-PM1.12%
JPMorgan Chase & Co 4.55% 12/31/2079JPM-PK1.05%
Capital One Financial Corp 5.00% 12/31/2079COF-PI1.04%
and 257 more
ETF overview

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.

CountryUnited States of America
Trades inUSD
Similar ETFs

Overlap is the share of assets the two funds hold in common.

Historical returns do not guarantee future returns. This is not investment advice.

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