Key stats
About Invesco High Yield Equity Dividend Achievers ETF
Expense ratio
0.53%
Home page
Inception date
Dec 9, 2004
PEY's commitment to dividend stability makes it an attractive option in the dividend-seeking space. The fund employs one of the segment's most robust dividend viability screens, only including firms with 10 straight years of dividend increases and growth. The 50 highest-yielding firms above $1 billion in market cap that fit this bill are then weighted by dividend yield. Its basket of US large- and midcaps also makes for easy creation/redemption. The index is reconstituted annually and rebalanced quarterly.
Classification
What's in the fund
Exposure type
Finance
Utilities
Consumer Non-Durables
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.