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 15 March 2019
Asset Under Management 308.99 Million (USD)
1 Month Total Return 1.80 %
Year To Date Return 6.23 %
1 Year Total Return -0.29 %
3 Year Annualized Total Return 6.72 %
NAV 21.02
Share Outstanding 14,700,000
Top 10 Holdings (15 March 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
MICROSOFT CORP MSFT EQUI 0.0372781731
APPLE INC AAPL EQUI 0.0349185108
AMAZON.COM INC AMZN EQUI 0.0293095564
FACEBOOK INC-CLASS A FB EQUI 0.0165923320
BERKSHIRE HATHAWAY INC-CL B BRK/B EQUI 0.0165437614
JOHNSON & JOHNSON JNJ EQUI 0.0153601513
ALPHABET INC-CL C GOOG EQUI 0.0151549250
ALPHABET INC-CL A GOOGL EQUI 0.0148394315
JPMORGAN CHASE & CO JPM EQUI 0.0147462563
EXXON MOBIL CORP XOM EQUI 0.0141210671