What is PJP?

PJP tracks an index of US pharmaceutical companies selected and weighted based on various factors using a quantitative methodology.

PERFORMANCE [as of 01/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PJP 1.07% 9.39% 0.26% 4.40% 6.92% 3.75% 9.57%
PJP (NAV) 1.20% 9.57% 0.38% 4.49% 6.94% 3.75% 9.60%
Dynamic Pharmaceutical Intellidex Index 1.25% 9.74% 0.41% 5.11% 7.50% 4.35% 10.21%
MSCI USA IMI / Pharmaceuticals -IND -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PJP Factset Analytics Insight

PJP uses a quant-driven methodology to select and weight pharmaceutical companies based on fundamental and risk factors. Specifically, the fund holds about 30 US stocks that are evaluated based on five factors: price momentum, earnings momentum, quality, management action, and value. Although some of the major names are represented in the portfolio, PJP’s multi-factor selection process and tier-weighting scheme tilts the fund toward mid and small-caps resulting in a low overall weighted average market cap. It therefore reduces concentrations in mega-caps and evenly weights the group of companies across size. Still, its small portfolio takes concentrated stakes in some leading names. The fund and the index are rebalanced and reconstituted quarterly in February, May, August and November.

PJP Summary Data

Invesco
06/23/05
0.58%
$330.61M
MSCI USA IMI / Pharmaceuticals -IND
Open-Ended Fund

Peers

MSCI USA IMI / Pharmaceuticals -IND

Fund Flows

$0.00B 5 Days
$0.00B 30 Days
-$0.00B 90 Days

PJP Portfolio Data

$142.11B
23.65
3.22
0.95%
N/A
26

PJP Index Data

Tiered
Multi-Factor
MSCI USA IMI / Pharmaceuticals -IND

PJP Portfolio Management

0.58%
-0.48%
-0.43%
-0.62%

PJP Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

PJP Fund Structure

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

Factset Analytics Block Liquidity

As of 01/23/23

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

PJP Tradability

8,744
$688.80K
7,530
$600.10K
0.08%
$0.07
-0.02%
0.12% / -0.39%
None
100.00%
50,000
0.15
0.01%
0.33%
63
$78.90
5

PJP Sector/Industry Breakdown

PJP Segment
Benchmark
99.97% --
0.03% --

PJP Performance Statistics

--
--
--
--
--
MSCI USA IMI / Pharmaceuticals -IND

PJP Countries

PJP Segment
Benchmark
99.99% --

PJP Regions

PJP Segment
Benchmark
99.99% --

PJP Economic Development

PJP Segment
Benchmark
99.99% --
0.00% --

PJP Benchmark Comparison Holdings

26
--
--
--

PJP Benchmark Comparison Summary

PJP Segment
Benchmark
26 --
$142.11B --
23.65 --
3.22 --
1.41% --
High --

PJP Benchmark Comparison Market Cap Size

PJP Segment
Benchmark
62.11% --
16.39% --
21.43% --
0.00% --