PEY

📎 Investment Objective

The Invesco High Yield Equity Dividend Achievers ETF (PEY) seeks to track the investment results of an index that is composed of common stocks of companies that have raised their annual dividend for a minimum of 10 consecutive years.

✨ Key Features

• Focuses on companies with a history of consistently raising dividends
• Provides exposure to high-yielding stocks across various sectors
• Passively tracks an index of dividend-paying equities
• Low expense ratio of 0.00%

⚠️ Primary Risks

• Equity market risk: The fund is subject to the risks associated with the stock market, which can be volatile and unpredictable
• Dividend reduction risk: Companies may reduce or eliminate their dividends, which could negatively impact the fund's performance
• Concentration risk: The fund may be more heavily weighted in certain sectors or industries, which could increase its vulnerability to those areas
• Liquidity risk: The fund may have difficulty buying or selling certain securities, which could affect its performance

👤 Best For

The Invesco High Yield Equity Dividend Achievers ETF may be suitable for investors seeking exposure to a diversified portfolio of high-yielding stocks with a history of dividend growth. It may be particularly appealing to those with a long-term investment horizon and a focus on generating income from their investments.