ETFs › PGX

Invesco Preferred ETF (PGX)

preferred-stocks monthly-dividends fixed-income-alternative

This ETF focuses on preferred stocks, offering investors exposure to a unique asset class that combines characteristics of both stocks and bonds. It can provide potentially higher yields than traditional fixed income investments while offering greater stability than common stocks. The fund may be particularly attractive for income-oriented investors looking to diversify their portfolio beyond traditional bonds and equities.

Key Info

AUM $4.7B
Expense Ratio 0.50%
Inception Date January 31, 2008
Distribution Frequency Monthly
Weighting Method Market Cap
Number of Holdings 292
Tracking Index ICE BofAML Core Plus Fixed Rate Preferred Securities Index

See Also

PFF VRP PSK

Last updated: September 10, 2024