Key stats
About Invesco QQQ Income Advantage ETF
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Inception date
Jul 17, 2024
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
US46090A6890
QQA seeks to generate income and capitalize on market upsides through a mix of equities and options premiums. For its equity portfolio, the fund invests in Nasdaq-100 stocks and related US ETFs. The index is comprised of the 100 largest, non-financial companies in the US based on market cap. For its options-based component, QQA utilizes equity-linked notes (ELNs). These ELNs incorporate covered call and/or cash-secured put strategies, designed to provide income and some downside protection to the declines of its equity portfolio. Tthis approach introduces counterparty risk. To further manage risks, QQA holds a substantial portion of its assets in cash or cash equivalents, limiting its exposure to the volatility of the equity market. The adviser dynamically adjusts the portfolio based on market conditions to balance yield, performance, and risk. At its launch, the fund provided a fee waiver to attract investors. Prospective investors should review associated expenses before investing.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Mutual fund
Stocks72.74%
Electronic Technology24.67%
Technology Services24.10%
Retail Trade7.26%
Health Technology3.25%
Consumer Services2.73%
Consumer Durables2.19%
Consumer Non-Durables1.88%
Producer Manufacturing1.35%
Communications1.10%
Utilities0.98%
Commercial Services0.97%
Process Industries0.91%
Transportation0.79%
Distribution Services0.22%
Industrial Services0.19%
Energy Minerals0.16%
Bonds, Cash & Other27.26%
Mutual fund21.89%
Corporate4.86%
Cash0.51%
Stock breakdown by region
North America96.33%
Europe3.02%
Latin America0.65%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
QQA invests in stocks. The fund's major sectors are Electronic Technology, with 24.67% stocks, and Technology Services, with 24.10% of the basket. The assets are mostly located in the North America region.
QQA last dividends amounted to 0.44 USD. The month before, the issuer paid 0.44 USD in dividends, which shows a 1.64% increase.
Yes, QQA pays dividends to its holders with the dividend yield of 9.81%. The last dividend (Aug 22, 2025) amounted to 0.44 USD. The dividends are paid monthly.
QQA shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Jul 17, 2024, and its management style is Active.
QQA expense ratio is 0.29% meaning you'd have to pay 0.29% of your investment to help manage the fund.
QQA follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
QQA invests in stocks.