Invesco Emerging Markets Ultra Dividend Revenue ETF (REDV) is an exchange-traded fund that seeks to track the FTSE Custom Emerging Ultra Dividend Revenue Index before fees and expenses. The fund invests at least 90% of its total assets in securities comprising the underlying index, including American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) that represent such securities; the underlying index comprises a subset of constituents from the FTSE Emerging Index, focusing on the most liquid large- and mid-capitalization companies in emerging market countries with high dividend yields weighted by revenue. It operates in the asset management industry, targeting investors seeking exposure to high-dividend revenue-weighted equities across diversified sectors in emerging markets such as Asia, Latin America, and Eastern Europe.
REDV is part of Invesco Exchange-Traded Fund Trust II and is non-diversified, with Invesco Ltd. serving as the investment adviser; Invesco, founded in 1935, maintains its global headquarters in Atlanta, Georgia. The ETF provides passive investment strategies emphasizing ultra-high dividend revenue generation from emerging market equities, catering to income-oriented institutional and retail investors. No specific launch date for REDV is publicly detailed in recent disclosures, though it aligns with Invesco's broader suite of ultra dividend revenue ETFs launched around 2013-2018.
Recent developments for REDV remain limited, with no major partnerships, acquisitions, funding rounds, product launches, or strategic shifts specific to the fund reported in the last 1-2 years amid stable operations. Invesco as a firm has pursued broader ETF enhancements, including active ETF expansions, conversions of unit investment trusts to ETF structures (such as QQQ planned for 2025), and partnerships like those with Barings and MassMutual for new product platforms; however, these do not directly impact REDV's mandate or holdings. The ETF continues to focus on its core index-tracking methodology without noted reorganizations or name changes.