Invesco High Yield Etf Profile
| PEY Etf | USD 22.38 0.28 1.27% |
Performance5 of 100
| Odds Of DistressLess than 9
|
Invesco High is trading at 22.38 as of the 21st of November 2024; that is 1.27 percent increase since the beginning of the trading day. The etf's open price was 22.1. Invesco High has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Invesco High Yield are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
The fund generally will invest at least 90 percent of its total assets in securities that comprise the underlying index. High Yield is traded on NASDAQ Exchange in the United States. The company has 64.3 M outstanding shares. More on Invesco High Yield
Moving together with Invesco Etf
Invesco Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | SP TSX Composite, Strategy ETFs, High Dividend Yield ETFs, Mid-Cap Value, Invesco (View all Sectors) |
| Issuer | Invesco |
| Inception Date | 2004-12-06 |
| Benchmark | Dividend Achiever 50 Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 1.24 Billion |
| Average Trading Valume | 214,565.2 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | High Dividend Yield |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | Invesco Capital Management LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | Invesco Distributors, Inc. |
| Portfolio Manager | Peter Hubbard, Michael Jeanette, Tony Seisser, Jonathan Nixon |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Oct |
| Exchange | NASDAQ |
| Number of Constituents | 51.0 |
| Market Maker | Susquehanna |
| Total Expense | 0.52 |
| Management Fee | 0.4 |
| Country Name | USA |
| Returns Y T D | 8.97 |
| Name | Invesco High Yield Equity Dividend Achievers ETF |
| Currency Code | USD |
| Open Figi | BBG000QLLTP0 |
| In Threey Volatility | 18.18 |
| 1y Volatility | 16.88 |
| 200 Day M A | 20.6745 |
| 50 Day M A | 21.8172 |
| Code | PEY |
| Updated At | 21st of November 2024 |
| Currency Name | US Dollar |
Invesco High Yield [PEY] is traded in USA and was established 2004-12-09. The fund is classified under Mid-Cap Value category within Invesco family. The entity is thematically classified as Strategy ETFs. Invesco High Yield at this time have 1.23 B in assets. , while the total return for the last 3 years was 7.7%.
Check Invesco High Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Invesco Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Invesco Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Invesco High Yield Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Invesco High Yield Etf Constituents
| LEG | Leggett Platt Incorporated | Stock | Consumer Discretionary | |
| VGR | Vector Group | Stock | Consumer Staples | |
| D | Dominion Energy | Stock | Utilities | |
| HP | Helmerich and Payne | Stock | Energy | |
| MCY | Mercury General | Stock | Financials | |
| PPL | PPL Corporation | Stock | Utilities | |
| CMP | Compass Minerals International | Stock | Materials | |
| QCOM | Qualcomm Incorporated | Stock | Information Technology |
Invesco High Top Holders
| WIZ | MerlynAI Corp | Etf | Moderate Allocation |
Invesco High Yield Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Invesco High. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0766 | |||
| Jensen Alpha | 0.0032 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) |
Invesco High Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco High Yield. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
The market value of Invesco High Yield is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco High's value that differs from its market value or its book value, called intrinsic value, which is Invesco High's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco High's market value can be influenced by many factors that don't directly affect Invesco High's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco High's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco High's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.