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 23 January 2020
Asset Under Management 267.89 Million (USD)
1 Month Total Return 1.35 %
Year To Date Return 1.25 %
1 Year Total Return 14.71 %
3 Year Annualized Total Return 6.64 %
NAV 21.7795
Share Outstanding 12,300,000
Top 10 Holdings (23 January 2020)
Constituent Name Constituent Ticker Constituent Type Weighting
APPLE INC AAPL EQUI 0.0478332204
MICROSOFT CORP MSFT EQUI 0.0456291347
AMAZON.COM INC AMZN EQUI 0.0281601090
FACEBOOK INC-CLASS A FB EQUI 0.0189726152
BERKSHIRE HATHAWAY INC-CL B BRK/B EQUI 0.0160963764
ALPHABET INC-CL A GOOGL EQUI 0.0159607168
ALPHABET INC-CL C GOOG EQUI 0.0159438515
JPMORGAN CHASE & CO JPM EQUI 0.0153637120
JOHNSON & JOHNSON JNJ EQUI 0.0140240209
Visa Inc V EQUI 0.0126831325