Invesco CEF Income Composite ETF
PCEF
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
- 11 Greenway Plaza, Suite 1000 Houston TX United States of America 77046
- IPO Date
- Feb 19, 2010
- CIK
- 0001378872
- Website
- invesco.com
- Similar Companies
- Business
- Invesco CEF Income Composite ETF (PCEF) is an exchange-traded fund that tracks the ICE Exchange-Listed Closed-End Fund Index, providing investors with exposure to a diversified portfolio of closed-end funds focused on generating high levels of income through investments in fixed-income securities, equities, and alternative assets. The ETF employs a rules-based methodology to select and weight its holdings from over 80 eligible U.S.-listed closed-end funds (CEFs), categorized by asset class including municipal bonds; taxable investment-grade bonds; high-yield bonds; emerging market debt; senior loans; equities; and multi-sector or preferred securities portfolios. It offers monthly distributions aimed at income-seeking investors, with a focus on CEFs trading at discounts to their net asset value to enhance yield potential. PCEF operates globally through its underlying CEF holdings, which invest across U.S., international, and emerging markets, targeting institutional and retail investors such as income-focused portfolios, retirees, and financial advisors. Launched in 2010 and managed by Invesco Distributors, Inc., headquartered in Atlanta, Georgia, the ETF is listed on the NYSE Arca exchange under the ticker PCEF. Recent developments include adjustments to its index methodology in 2023 to refine CEF selection criteria for improved liquidity and discount management; expansion of eligible CEF universe amid rising interest rates; and enhanced distribution yields averaging over 9% as of late 2025, driven by portfolio rebalancing toward high-yield fixed-income CEFs. No major acquisitions, partnerships, or structural changes have been announced in the past 1-2 years, maintaining its core strategy amid volatile bond markets.