PBP

Fund Description
The The Invesco S&P 500 BuyWrite ETF (Fund) is based on the CBOE S&P 500 BuyWrite Index, (Index). The Fund generally will invest at least 90% of its total assets in securities that comprise the Index and will write (sell) call options thereon. The Index is a total return benchmark index that is designed to track the performance of a hypothetical "buy-write" strategy on the S&P 500 Index. The Index measures the total rate of return of an S&P 500 covered call strategy. This strategy consists of holding a long position indexed to the S&P 500 Index and selling a succession of covered call options, each with an exercise price at or above the prevailing price level of the S&P 500 Index. Dividends paid on the component stocks underlying the S&P 500 and the dollar value of option premiums received from written options are reinvested. The Fund and the Index are rebalanced and reconstituted quarterly.
Fund Profile
Fund Name Invesco S&P 500 BuyWrite ETF
Fund Exchange Ticker PBP
Fund Sponsor Invesco
Fund ISIN US46137V3996
Net Expense Ratio 0.49 %
Fund Inception Date 20 December 2007
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Quant Strat
Asset Class Equities (Stocks)
Index Linked Passive
Index Name CBOE S&P 500 BuyWrite Index
Index Provider S&P DJ Indices
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Large Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 13 September 2019
Asset Under Management 315.94 Million (USD)
1 Month Total Return 3.80 %
Year To Date Return 11.03 %
1 Year Total Return -1.80 %
3 Year Annualized Total Return 6.47 %
NAV 21.8647
Share Outstanding 14,450,000
Top 10 Holdings (13 September 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
MICROSOFT CORP MSFT EQUI 0.0405031953
APPLE INC AAPL EQUI 0.0368327975
September 19 Calls on SPXSPX US 09/20/19 C2895 OPTN 0.0363431729
AMAZON.COM INC AMZN EQUI 0.0295055265
FACEBOOK INC-CLASS A FB EQUI 0.0173014896
BERKSHIRE HATHAWAY INC-CL B BRK/B EQUI 0.0159388833
JPMORGAN CHASE & CO JPM EQUI 0.0150055458
ALPHABET INC-CL C GOOG EQUI 0.0145907594
ALPHABET INC-CL A GOOGL EQUI 0.0142245509
JOHNSON & JOHNSON JNJ EQUI 0.0133587692