Invesco Financial Preferred ETF (PGF)
| Assets | $944.18M |
| Expense Ratio | 0.54% |
| PE Ratio | n/a |
| Shares Out | 61.35M |
| Dividend (ttm) | $0.95 |
| Dividend Yield | 6.23% |
| Ex-Dividend Date | Oct 21, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | +16.17% |
| Volume | 182,607 |
| Open | 15.28 |
| Previous Close | 15.33 |
| Day's Range | 15.28 - 15.37 |
| 52-Week Low | 13.55 |
| 52-Week High | 15.95 |
| Beta | 0.50 |
| Holdings | 95 |
| Inception Date | Dec 1, 2006 |
About PGF
Fund Home PageThe Invesco Financial Preferred ETF (PGF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of preferred securities in the US market issued by financial institutions. PGF was launched on Dec 1, 2006 and is issued by Invesco.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 21, 2024 | $0.08695 | Oct 25, 2024 |
| Sep 23, 2024 | $0.07307 | Sep 27, 2024 |
| Aug 19, 2024 | $0.07101 | Aug 23, 2024 |
| Jul 22, 2024 | $0.0773 | Jul 26, 2024 |
| Jun 24, 2024 | $0.07308 | Jun 28, 2024 |
| May 20, 2024 | $0.07019 | May 24, 2024 |
News
PGF: Financial Preferred Stocks Look Unattractive
Invesco Financial Preferred ETF focuses on preferred stocks of financials companies. PGF shows a 2-digit decrease in both price and distributions over the last 10 years. PGF concentration in banks see...
PGF: Only If Bullish On Financials And Falling Rates
The Invesco Financial Preferred ETF offers higher yield and lower volatility compared to common stock, making it a potential asset for portfolios. The PGF ETF primarily invests in fixed-rate preferred...
Preferreds Weekly Review: Keep An Eye On The Spread Of Floating-Rate Preferreds
We take a look at the action in preferreds and baby bonds through the fourth week of March and highlight some of the key themes we are watching. Preferreds had a good week as Treasury yields fell on t...
Preferreds Weekly Review: Mandatory Convertibles Offer High-Beta Preferred Exposure
We take a look at the action in preferreds and baby bonds through the third week of March and highlight some of the key themes we are watching. Preferreds were down for the week due to rising Treasury...
Preferreds Weekly Review: Historic Drawdowns Are Relevant Again
We take a look at the action in preferreds and baby bonds through the fourth week of February and highlight some of the key themes we are watching. Preferreds had a strong week with a 1%+ return, driv...
Preferreds Weekly Review: A High Yield-To-Call Is Not Enough
We take a look at the action in preferreds and baby bonds through the second week of February and highlight some of the key themes we are watching. Preferreds were flat on the week as higher Treasury ...
Preferreds Weekly Review: AHL Preferred Gets Stuck Near Libor Peak
We take a look at the action in preferreds and baby bonds through the fourth week of January and highlight some of the key themes we are watching. Preferred stock and baby bond market had a good week ...
PGF: Unattractive Story Of Decay And Volatility
Invesco Financial Preferred ETF invests in fixed rate preferred securities issued by financial companies in the U.S. domestic market. The PGF ETF is overweight in banks, shows a high volatility, and h...
PGF: Beware Of Elevated Systemic Risks From Financials Exposure
The Invesco Financial Preferred ETF (PGF) holds fixed-rate preferred shares of financial companies. There are two main risks to PGF. First, rising long-term interest rates cause MTM losses for fixed-r...
PGF: Preferred Shares From Mega-Cap Financial Services Companies
The Invesco Financial Preferred ETF is a fixed-income exchange-traded fund. The fund focuses on fixed rate preferred shares issued by 'mega-cap' financial institutions.
PGF: A Preferred ETF Of Financial Institutions With Decent And Stable Yield
The financial sector is expected to generate an above-average growth rate in the coming decade. This sector is also considered to be a stable sector. Average credit rating of Invesco Financial Preferr...
Best Preferred Stock ETFs for Q1 2021
The best preferred stock ETFs for Q1 2021 are PFFD, EPRF, and PGF.
PGF: My No. 1 ETF Combining Yield And Safety
PGF: My No. 1 ETF Combining Yield And Safety