Invesco Dividend Achievers ETF (PFM)

NASDAQ: PFM · Real-Time Price · USD
45.78
-0.46 (-0.99%)
Oct 31, 2024, 4:00 PM EDT - Market closed
-0.99%
Assets $709.97M
Expense Ratio 0.52%
PE Ratio 24.32
Shares Out 15.28M
Dividend (ttm) $0.75
Dividend Yield 1.64%
Ex-Dividend Date Sep 23, 2024
Payout Ratio 39.69%
1-Year Return +28.42%
Volume 10,221
Open 46.07
Previous Close 46.24
Day's Range 45.78 - 46.08
52-Week Low 36.37
52-Week High 47.35
Beta 0.84
Holdings 425
Inception Date Sep 15, 2005

About PFM

Fund Home Page

The Invesco Dividend Achievers ETF (PFM) is an exchange-traded fund that is based on the NASDAQ US Broad Dividend Achievers index, a market-cap-weighted index of dividend-paying US companies that have increased their annual dividends. PFM was launched on Sep 15, 2005 and is issued by Invesco.

Asset Class Equity
Category Large Value
Region North America
Stock Exchange NASDAQ
Ticker Symbol PFM
ETF Provider Invesco
Index Tracked NASDAQ US Broad Dividend Achievers Index

Top 10 Holdings

28.11% of assets
Name Symbol Weight
Microsoft Corporation MSFT 4.11%
Apple Inc. AAPL 4.05%
Broadcom Inc. AVGO 3.62%
Walmart Inc. WMT 2.87%
JPMorgan Chase & Co. JPM 2.77%
Exxon Mobil Corporation XOM 2.27%
UnitedHealth Group Incorporated UNH 2.27%
Oracle Corporation ORCL 2.09%
Visa Inc. V 2.06%
Mastercard Incorporated MA 2.02%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Sep 23, 2024 $0.17315 Sep 27, 2024
Jun 24, 2024 $0.19221 Jun 28, 2024
Mar 18, 2024 $0.18018 Mar 22, 2024
Dec 18, 2023 $0.20546 Dec 22, 2023
Sep 18, 2023 $0.18068 Sep 22, 2023
Jun 20, 2023 $0.17523 Jun 23, 2023
Full Dividend History

News

PFM: A Low Volatility Dividend ETF

The Invesco Dividend Achievers ETF invests in companies with ten consecutive years of dividend increases, favoring stable businesses and offering above-average yield and dividend growth. PFM's portfol...

2 months ago - Seeking Alpha

PFM: Solid Base But High Expense Ratio

PFM holds over 400 U.S. Dividend Achievers, defined as those with at least ten consecutive years of increasing dividend payments. The ETF has $651 million in AUM. A major negative is PFM's 0.53% expen...

4 months ago - Seeking Alpha

PFM: Discussing The Impact Of Reconstitution

PFM's portfolio has seen a few changes in the wake of the underlying index's reconstitution in March. With valuation being less of a concern assuming the new narrative dominates the markets, I am stil...

7 months ago - Seeking Alpha

PFM: Good For Dividend Exposure Overall

Invesco Dividend Achievers™ ETF offers exposure to dividend-paying companies with a history of increasing dividends. The PFM ETF's top holdings include Microsoft, Apple, UnitedHealth Group, Exxon Mobi...

7 months ago - Seeking Alpha

PFM: A Decent Addition To Income Portfolios

PFM focuses on publicly traded companies that depict a dividend growth quality. Some drawbacks are that the ETF has a high exposure to the Information Technology/Financials sectors and its expense rat...

10 months ago - Seeking Alpha

PFM: Appreciate On Dividend Safety Front But Suboptimal Value Exposure, Worth Avoiding

PFM is a nicely diversified dividend ETF, with a strategy based on an index requiring a 10-year dividend growth story as the bare minimum to qualify. Though not delivering much on the dividend yield f...

1 year ago - Seeking Alpha

PFM: There Are Better Dividend Growth ETFs

Invesco Dividend Achievers™ ETF holds over 400 U.S. dividend-growth stocks. It is well diversified across sectors and holdings. It looks better than the benchmark regarding both valuation and quality ...

1 year ago - Seeking Alpha

PFM: Setting The Bar Too Low

PFM has struggled to perform well in a challenging economic environment, registering negative returns in 2022. The ETF's selection criteria of only investing in companies with at least 10 years of div...

1 year ago - Seeking Alpha

PFM: ETF With 5% Annualized Dividend Growth, But Sub-Par Return

PFM is a large-cap dividend growth ETF. Valuation ratios are average, but portfolio quality is good.

2 years ago - Seeking Alpha

PFM: Fundamentals Looking Strong

PFM's current fundamentals look attractive. It trades at 18.25x forward earnings, is well-diversified at the industry level, and is outperforming the S&P 500 Index by 6% YTD. The problem is that dozen...

2 years ago - Seeking Alpha

PFM: Reassessing Valuation, Quality, And Dividend Credentials

PFM's investment mandate is to track the NASDAQ U.S. Broad Dividend Achievers Index. To qualify for the cohort, a company must have no less than a 10-year regular dividend growth history. The article ...

2 years ago - Seeking Alpha

Invesco Dividend Achievers ETF: A Bloated Low-Yielding Fund Not Worth Paying For

PFM tracks the U.S. Broad Dividend Achievers Index, selecting constituents that have increased dividend payments for at least ten years. Fees are high at 0.53%, and PFM yield's 1.87%. Historically, PF...

2 years ago - Seeking Alpha

PFM: Dividend Growth Is Not Enough

PFM is a dividend growth ETF. It looks a bit better than SPY in valuation and quality metrics.

2 years ago - Seeking Alpha

PFM: High-Quality Mix, But Beware Of Downsides

PFM oversees a portfolio of U.S. quoted stocks with a history of DPS increases encompassing no less than a decade. PFM portfolio has expanded massively this year, with 350 names present at the moment,...

3 years ago - Seeking Alpha

PFM: Why The U.S. Dividend Achievers Are Underachieving

The 349 U.S. Broad Dividend Achievers have all increased dividends for at least ten consecutive years and collectively have a forward yield of 2.28%. PFM, an ETF tracking these Dividend Achievers, has...

3 years ago - Seeking Alpha

The Invesco Dividend Achievers ETF Badly Needs A Makeover

The Broad Dividend Achievers are an impressive group of companies on paper, but the Index has become bloated with underperformers in recent years. Requiring ten years of consecutive dividend growth is...

3 years ago - Seeking Alpha

PFM: Good In Quality, But Not The Best Dividend Growth ETF

PFM strategy and performance. Comparing PFM with a reference strategy.

3 years ago - Seeking Alpha

PFM: Exposure To Defensive Names Bodes Well For Dividend Growth

PFM tracks the NASDAQ US Broad Dividend Achievers Index, which is focused on U.S. companies that have been increasing the payout for at least 10 consecutive years. PFM has 284 holdings, which is enoug...

4 years ago - Seeking Alpha

PFM: A Possible Option While We Wait For Economic Clarity

PFM: A Possible Option While We Wait For Economic Clarity

4 years ago - Seeking Alpha

PFM: It's Good But There's A Better Option For Dividend Growth In Your Portfolio

PFM: It's Good But There's A Better Option For Dividend Growth In Your Portfolio

5 years ago - Seeking Alpha