PBP

Invesco S&P 500 BuyWrite ETF
*Unless otherwise stated, data provided by FactSet.

PBP Fund Description

PBP tracks an index that uses a covered-call strategy to provide long exposure to the S&P 500 and selling call options thereon.

PBP Factset Analytics Insight

PBP writes covered calls on its portfolio of S&P 500 securities, an options strategy which increases the yield substantially but also limits potential upside. The fund writes the near-term options generally each month, and each option’s exercise price is at or above the current price level of the S&P 500. By writing options on the securities held in the portfolio, PBP adds income from call premiums at the expense of upside, so returns have differed greatly from those of our benchmark. As a total return version, the underlying index reinvests all dividends paid on the S&P 500 components and the premiums from writing the option. The fund’s exposure looks pretty market-like, with a very slight midcap tilt and minute sector bets versus our large-cap benchmark. While PBP tends to perform well in bear markets, its inability to capture upside has spelled bad news during the recovery from 2008. The index is rebalanced and reconstituted quarterly.

PBP MSCI ESG Analytics Insight

Invesco S&P 500 BuyWrite ETF has an MSCI ESG Fund Rating of A based on a score of 6.16 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Invesco S&P 500 BuyWrite ETF ranks in the 46th percentile within its peer group and in the 54th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 10/26/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PBP 2.12% 5.52% 17.34% 23.61% 7.35% 7.08% 7.27%
PBP (NAV) 2.21% 5.19% 17.14% 25.74% 7.82% 7.12% 7.21%
CBOE S&P 500 BuyWrite Index -- -- -- -- -- -- --
MSCI USA Large Cap Index 2.65% 3.32% 22.44% 35.82% 22.89% 19.33% 16.63%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PBP Summary Data

Invesco
12/20/07
Open-Ended Fund
0.49%
$182.44M
$351.50K
0.59%

PBP Portfolio Data

$601.26B
28.60
4.72
1.03%
N/A
507

PBP Index Data

Fixed
Fixed
MSCI USA Large Cap Index

PBP Portfolio Management

0.49%
--
--
--

PBP Tax Exposures

20.00% / 39.60%
1.81%
Qualified dividends
No

PBP Fund Structure

Open-Ended Fund
No
No
-- / --
N/A
N/A
Low
Daily

PBP Factset Analytics Block Liquidity

As of 10/27/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of PBP. PBP is rated a 5 out of 5.

PBP Tradability

15,341
$351.50K
11,904
$277.44K
0.59%
$0.14
-0.09%
0.65% / -1.35%
None
100.00%
50,000
0.24
0.17%
0.00%
2
$23.87
5

PBP Sector/Industry Breakdown


PBP
Segment Benchmark
35.46%
38.43%
14.78%
14.61%
13.45%
11.96%
13.14%
13.41%
8.77%
7.84%
5.58%
5.87%
2.54%
2.14%
2.41%
2.04%
2.38%
1.78%
1.32%
1.44%

PBP Top 10 Holdings[View All]

Apple Inc. 6.04%
Tesla Inc 2.13%
28.37%

PBP Countries


PBP
Segment Benchmark
100.00%
99.90%
--
0.10%

PBP Regions


PBP
Segment Benchmark
100.00%
100.00%

PBP Economic Development


PBP
Segment Benchmark
100.00%
100.00%

PBP Performance Statistics

0.84
0.60
0.65
0.70
0.43%
MSCI USA Large Cap Index

PBP MSCI ESG Ratings

6.16 / 10
53.98
46.14
6.14%
--
136.16

PBP Benchmark Comparison Holdings

507
291
263
88.42%

PBP Benchmark Comparison Summary


PBP
Segment Benchmark
507
291
$601.26B
$656.83B
28.60
29.41
4.72
5.17
1.30%
1.27%
Low
Low

PBP Benchmark Comparison Market Cap Size


PBP
Segment Benchmark
98.51%
100.00%
1.49%
0.00%
0.00%
0.00%
0.00%
0.00%