Invesco Dividend Achievers ETFFind Ratings Reports
- Last Ratings Update:05/31/2021
- Price as of 05/31/2021 :$36.48
- Net Assets:$354.2 Million
- Peer Rank:46 of 289
- Investment Rating:B-
We rate Invesco Div Achievers at B-. Positive factors that influence this rating include a well above average total return, low price volatility, low expense structure and long term portfolio management tenure. The fund invests approximately 100% of its assets in stocks and may be considered for investors seeking an Equity Income strategy.
POSITIVES AND RISKS
Total return ranks very high in comparison with peers over the last three years. The Invesco Div Achievers has returned an annual rate of 8.11% since inception. More recently, the fund has generated a total return of 8.59% in the last five years, 7.89% in the last three years, and -0.42% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 81% of them. It has also outpaced 81% of its competitors on a three year basis and 56% of them over the last year for the period ending 5/31/2021. On a year to date basis, PFM has returned -6.62%.
Downside risk has been below average. PFM has a draw down risk of -19.54%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 16.6%. This fund has had moderate volatility in its monthly performance over the last 36 months. As of 5/31/2021, the fund was trading at a price of $36.48, which is 1.9% below its 52-week high of $37.20 and 2.5% above its 52-week low of $35.59.
Low expense ratio helps performance. On total assets of $354.20 million, PFM maintains a low expense ratio compared to its Equity Income peers of just 0.53% to cover all operating costs. Brokerage costs for the fund to buy and sell shares are not included in the expense ratio. As PFM is an exchange traded fund, it has no front end or back end load.
The Invesco Div Achievers is managed by Peter Hubbard at Invesco Capital Management LLC. This fund is one of 205 Invesco Capital Management LLC exchange-traded funds launched since 3/10/1999 that we track.