Invesco Zacks Multi-Asset Income ETF
CVY
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 3500 Lacey Road Downers Grove IL United States of America 60515
- IPO Date
- Sep 21, 2006
- CIK
- 0001364089
- Website
- invesco.com
- Similar Companies
- Business
- Invesco Zacks Multi-Asset Income ETF (CVY) is an exchange-traded fund that seeks to track the Zacks Multi-Asset Income Index by investing at least 90% of its total assets in securities and depositary receipts comprising the index, including U.S.-listed common stocks, American depositary receipts (ADRs) paying dividends, real estate investment trusts (REITs), master limited partnerships (MLPs), closed-end funds, and traditional preferred stocks; the index, computed using gross total return to reflect dividends paid, targets 125 to 150 domestic and international companies selected via multi-factor proprietary rules to outperform the Dow Jones U.S. Select Dividend Index on a risk-adjusted basis, with quarterly rebalancing. Launched on September 21, 2006, and listed on NYSE Arca, the fund is managed by Invesco Capital Management LLC, a subsidiary of Invesco Ltd., an independent global investment management firm founded in 1935 and headquartered in Atlanta, Georgia, with operations in over 20 countries. CVY primarily serves income-focused investors targeting high-dividend yield opportunities across financials (approximately 35-39%), energy (22-25%), real estate, and other sectors, with heavy emphasis on small- and mid-cap value stocks (over 65% allocation) and primarily U.S. exposure (around 89%) supplemented by international holdings in countries such as the United Kingdom, Spain, Brazil, and Norway. In a significant operational change, the fund underwent a reorganization on April 6, 2018, transitioning from its Guggenheim predecessor managed by Guggenheim Funds (with Invesco assuming management thereafter, though not affiliated), which incorporated the prior fund's performance history into its reported returns. No major acquisitions, funding rounds, new product launches, or strategic partnerships specific to CVY have been reported in the last 1-2 years, with ongoing focus on index replication, quarterly distributions (yielding approximately 3.7-4.0% as of mid-2025), and assets under management around $112-113 million.