Invesco High Yield Equity Dividend Achievers ETF
PEY
NASDAQ Global Market- -
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
FRC
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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
- Dec 9, 2004
- CIK
- 0001209466
- Website
- invesco.com
- Similar Companies
- Business
- Invesco High Yield Equity Dividend Achievers ETF (PEY) is an exchange-traded fund that seeks investment results corresponding to the price and yield performance of the Nasdaq US Dividend Achievers 50 Index, prior to fees and expenses. The fund normally invests at least 90% of its total assets in dividend-paying common stocks comprising the index, which consists of 50 high-yield U.S. stocks selected based on current dividend yield and a minimum of 10 consecutive years of consistent dividend growth; the index and fund are reconstituted annually in March and rebalanced quarterly in March, June, September, and December. PEY provides exposure to sectors including utilities (approximately 24%), financials (20%), consumer staples (14%), communication services (10%), industrials (9%), health care (7%), materials (5%), consumer discretionary (4%), information technology (3%), and energy (3%), with top holdings such as Cogent Communications, LyondellBasell Industries, United Parcel Service, Pfizer, and Verizon Communications; it distributes dividends monthly and targets investors seeking high-yield equity income from mid-cap value stocks with reliable dividend histories. Launched on December 9, 2004, and listed on Nasdaq, the ETF is managed by Invesco Capital Management LLC, with total assets under management of approximately $1.10 billion, a total expense ratio of 0.54%, and a 30-day SEC yield of 4.80% as of September 30, 2025. Geographically, PEY operates exclusively in U.S. equities, available for sale in the United States and Mexico. Recent developments include ongoing monthly dividend distributions, such as $0.0883 per share declared in September 2025 and estimated capital gain distributions announced for December 2025 with a record date of December 22 and payable date of December 26; the fund has maintained its core strategy amid market volatility, with year-to-date NAV performance of 2.76% and one-year performance of 0.72% as of September 30, 2025, reflecting its medium-risk profile with a beta of 0.75. No major acquisitions, partnerships, or strategic shifts have been reported for the ETF in the last 1-2 years, underscoring its focus on stable, yield-weighted dividend achievers.