Invesco S&P 500 BuyWrite ETF (PBP)
| Assets | $101.17M |
| Expense Ratio | 0.20% |
| PE Ratio | 27.56 |
| Shares Out | 4.35M |
| Dividend (ttm) | $2.16 |
| Dividend Yield | 9.11% |
| Ex-Dividend Date | Nov 18, 2024 |
| Payout Ratio | 250.99% |
| 1-Year Return | +9.96% |
| Volume | 129,147 |
| Open | 23.30 |
| Previous Close | 23.29 |
| Day's Range | 23.20 - 23.76 |
| 52-Week Low | 21.04 |
| 52-Week High | 23.76 |
| Beta | 0.59 |
| Holdings | 505 |
| Inception Date | Dec 20, 2007 |
About PBP
Fund Home PageThe Invesco S&P 500 BuyWrite ETF (PBP) is an exchange-traded fund that is based on the Cboe S&P 500 BuyWrite index. The fund tracks an index that uses a covered-call strategy to provide long exposure to the S&P 500 and selling call options thereon. PBP was launched on Dec 20, 2007 and is issued by Invesco.
Top 10 Holdings
37.81% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple Inc. | AAPL | 7.68% |
| Microsoft Corporation | MSFT | 6.56% |
| NVIDIA Corporation | NVDA | 6.50% |
| Amazon.com, Inc. | AMZN | 4.21% |
| Meta Platforms, Inc. | META | 2.63% |
| Tesla, Inc. | TSLA | 2.45% |
| Alphabet Inc. | GOOGL | 2.23% |
| Broadcom Inc. | AVGO | 2.05% |
| Alphabet Inc. | GOOG | 1.84% |
| Berkshire Hathaway Inc. | BRK.B | 1.66% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 18, 2024 | $0.211 | n/a |
| Oct 21, 2024 | $0.189 | Oct 25, 2024 |
| Sep 23, 2024 | $0.227 | Sep 27, 2024 |
| Aug 19, 2024 | $0.174 | Aug 23, 2024 |
| Jul 22, 2024 | $0.163 | Jul 26, 2024 |
| Jun 24, 2024 | $0.164 | Jun 28, 2024 |
News
Invesco Announces Changes to Four ETFs
PBP, CQQQ and RYJ to reduce fees; fee waiver extended for ICLO ATLANTA , Jan. 4, 2024 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ), a leading global asset management firm, has announced that it will imple...
Searching For A Viable Covered Call ETF Alternative To XYLD
The CBOE S&P 500 2% OTM BuyWrite Index is a covered call strategy that writes call options 2% out of the money. The BXY index has averaged an annual return of 9.91% since June 1988. There is no invest...
PBP: A Buy-Write Fund With 1% Yield
The Invesco S&P 500 BuyWrite ETF invests in public equity markets in the US, using a long/short strategy and derivatives such as options to create its portfolio. The ETF tracks the performance of the ...
PBP: BuyWrite ETF Closely Matching The S&P 500 This Year
Invesco S&P 500 BuyWrite ETF is a buy-write fund in the ETF format. The vehicle is closely tracking the S&P 500 performance this year.
Good Fishing In The Dividend Stream
Once upon a time, dividends played a starring role in equity markets—until 14 years of easy money whetted investors' appetite for risk and created a massive tailwind for unprofitable, long-duration gr...
Oversold-Overbought Watch: S&P 500 Index - February 21, 2023
The S&P 500 Index has rebounded sharply off its previous low in October, closing up 14% on Feb. 17 since October's trough. The market could continue to rally, of course.
PBP: As With Many Covered Call ETFs, The Sales Pitch Exceeds The Value
For decades, brokers, advisors, and more recently, ETF providers have touted "covered call writing" as an investment strategy. In many cases, such as with PBP, the attraction of a "higher yield" is of...
Invesco S&P 500 BuyWrite ETF: Disappointing, As Expected
The Invesco S&P 500 BuyWrite ETF has failed to impress, as I believed would be the case in my most recent article. The problem is that PBP gives up a chunk of the upside opportunity by selling calls, ...
PBP: Heads You Lose, Tails You Don't Win
The Invesco S&P 500 BuyWrite ETF owns the S&P 500 components and writes calls to earn option premium.
Search For Income: S&P 500 Covered Call ETFs
In searching for income, I researched the five largest S&P 500 covered call ETFs. The dividend yields of the five funds ranged from 1.09% to 9.85%.
The Premise And Reality Of Covered Call CEFs
The current market environment of sharply rallying stock prices and high volatility is relatively unusual and potentially conducive to covered call strategies.
The October Spook: What It Means For The Market And Your Portfolio
October returns haven't been as bad as some of the media have made it out to be - it's skewed to the downside by a few terrible months.