Invesco Dividend Achievers ETF (PFM)
| Assets | $716.88M |
| Expense Ratio | 0.52% |
| PE Ratio | 24.75 |
| Shares Out | 15.28M |
| Dividend (ttm) | $0.75 |
| Dividend Yield | 1.60% |
| Ex-Dividend Date | Sep 23, 2024 |
| Payout Ratio | 39.65% |
| 1-Year Return | +23.38% |
| Volume | 28,655 |
| Open | 46.80 |
| Previous Close | 46.78 |
| Day's Range | 46.50 - 46.83 |
| 52-Week Low | 38.17 |
| 52-Week High | 47.80 |
| Beta | 0.84 |
| Holdings | 421 |
| Inception Date | Sep 15, 2005 |
About PFM
Fund Home PageThe 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.
Top 10 Holdings
28.35% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 3.94% |
| Apple Inc. | AAPL | 3.92% |
| Broadcom Inc. | AVGO | 3.32% |
| Walmart Inc. | WMT | 3.01% |
| JPMorgan Chase & Co. | JPM | 3.00% |
| UnitedHealth Group Incorporated | UNH | 2.31% |
| Exxon Mobil Corporation | XOM | 2.28% |
| Visa Inc. | V | 2.26% |
| Oracle Corporation | ORCL | 2.26% |
| Mastercard Incorporated | MA | 2.06% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 23, 2024 | $0.173 | Sep 27, 2024 |
| Jun 24, 2024 | $0.192 | Jun 28, 2024 |
| Mar 18, 2024 | $0.180 | Mar 22, 2024 |
| Dec 18, 2023 | $0.205 | Dec 22, 2023 |
| Sep 18, 2023 | $0.181 | Sep 22, 2023 |
| Jun 20, 2023 | $0.175 | Jun 23, 2023 |
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...
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...
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...
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...
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...
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...
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 ...
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...
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.
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...
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 ...
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...
PFM: Dividend Growth Is Not Enough
PFM is a dividend growth ETF. It looks a bit better than SPY in valuation and quality metrics.
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,...
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...
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...
PFM: Good In Quality, But Not The Best Dividend Growth ETF
PFM strategy and performance. Comparing PFM with a reference strategy.
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...
PFM: A Possible Option While We Wait For Economic Clarity
PFM: A Possible Option While We Wait For Economic Clarity
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