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 |
CBOE |
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 |
11 August 2022 |
Asset Under Management |
122.17 Million (USD) |
1 Month Total Return |
3.46 % |
Year To Date Return |
-6.79 % |
1 Year Total Return |
-0.58 % |
3 Year Annualized Total Return |
5.07 % |
NAV |
21.4326 |
Share Outstanding |
5,700,000 |