PSMG - Invesco Growth Multi-Asset Allocation ETF

Balanced - Target Risk

Product Details

The Invesco Growth Multi-Asset Allocation ETF (the "Fund") is an actively managed exchange-traded fund (ETF) that seeks to provide long-term capital appreciation by allocating through a growth investment style that seeks to maximize diversification potential. The Fund is a "fund of funds," meaning that it invests its assets in the shares of other exchange-traded funds, rather than in securities of individual companies. The Fund's target allocation of total assets: 65%-95% in equity ETFs, 5%-35% in fixed income ETFs and 15%-35% in underlying ETFs that invest in foreign stocks and bonds as well as American depositary receipts (ADRs) and global depositary receipts (GDRs). Invesco Advisers Inc., the sub-adviser to the Fund (Sub-Adviser), selects investments based on quantitative and qualitative criteria to strategically allocate across broad asset classes and factors within those classes.

as of 06/30/2019 06/30/2019

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
Custom Invesco Growth Allocation ETF Index 14.27 6.41 9.82 5.64 9.04 8.25
S&P 500 Index 18.54 10.42 14.19 10.71 14.70 11.96
Custom Invesco Growth Allocation ETF Index 14.27 6.41 9.82 5.64 9.04 8.25
S&P 500 Index 18.54 10.42 14.19 10.71 14.70 11.96
Fund History (%)
Fund NAV 14.43 7.37 N/A N/A N/A 8.93
After Tax Held 13.97 6.41 N/A N/A N/A 8.10
After Tax Sold 8.54 4.47 N/A N/A N/A 6.59
Fund Market Price 14.78 7.29 N/A N/A N/A 8.92
Fund NAV 14.43 7.37 N/A N/A N/A 8.93
After Tax Held 13.97 6.41 N/A N/A N/A 8.10
After Tax Sold 8.54 4.47 N/A N/A N/A 6.59
Fund Market Price 14.78 7.29 N/A N/A N/A 8.92

Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects applicable fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV. Returns less than one year are cumulative.

as of 06/30/2019

Growth of $10,000

Data beginning Fund inception and ending 06/30/2019. Fund performance shown at NAV.

An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.

as of 07/15/2019

Market Cap & Style Allocations

Large-Cap Value 21.41%
Large-Cap Blend 23.09%
Large-Cap Growth 17.28%
Mid-Cap Value 9.93%
Mid-Cap Blend 10.08%
Mid-Cap Growth 6.13%
Small-Cap Value 5.17%
Small-Cap Blend 4.75%
Small-Cap Growth 2.14%

as of 07/15/2019 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
IUS Invesco RAFI Strategic US ETF 16.67
RPG Invesco S&P 500 Pure Growth ETF 15.27
ISDX Invesco RAFI Strategic Developed ex-US ETF 11.21
SPLV Invesco S&P 500 Low Volatility ETF 9.66
IUSS Invesco RAFI Strategic US Small Co ETF 8.28
IDLV Invesco S&P International Developed Low Volatility ETF 8.13
VRIG Invesco Variable Rate Investment Grade ETF 7.34
BAB Invesco Taxable Municipal Bond 4.45
IIGD Invesco Investment Grade Defensive ETF 4.01
ISEM Invesco RAFI Strategic Emerging Market ETF 3.48

Distributions | View All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
06/24/2019 06/25/2019 06/28/2019 0.09393 0.09393 - - -
03/18/2019 03/19/2019 03/29/2019 0.04813 0.04813 - - -
12/26/2018 12/27/2018 12/31/2018 - - 0.02360 0.01206 -
12/24/2018 12/26/2018 12/31/2018 0.11178 0.11178 - - -
09/24/2018 09/25/2018 09/28/2018 0.05991 0.05991 - - -
06/18/2018 06/19/2018 06/29/2018 0.05833 0.05833 - - -
03/19/2018 03/20/2018 03/29/2018 0.02682 0.02682 - - -
12/27/2017 12/28/2017 12/29/2017 0.02923 0.00000 0.02923 - -
12/18/2017 12/19/2017 12/29/2017 0.13704 0.13704 - - -
09/18/2017 09/19/2017 09/29/2017 0.07799 0.07799 - - -
06/16/2017 06/20/2017 06/30/2017 0.02909 0.02909 - - -

Frequency Distribution of Discounts & Premiums

    Bid/Ask MidPoint Above NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
03/31/2019 61 35 7 0 0 0 0
12/31/2018 63 26 11 6 1 1 0
09/30/2018 63 45 5 0 0 0 0
06/30/2018 64 49 8 0 0 0 0
Year Ended 2018 251 159 43 6 1 1 0
    Bid/Ask Midpoint Below NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
03/31/2019 61 15 4 0 0 0 0
12/31/2018 63 14 3 1 0 0 0
09/30/2018 63 13 0 0 0 0 0
06/30/2018 64 7 0 0 0 0 0
Year Ended 2018 251 37 3 1 0 0 0

Fund Inception: 02/23/2017

Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.


 Risk & Other Information

The Custom Invesco Growth Allocation Index consists of 80% MSCI All Country World Index and 20% Bloomberg Barclays US Aggregate Index. An investment cannot be made in an index.

The MSCI All Country World Index (MSCI ACWI) is a free float-adjusted market capitalization index that is designed to measure equity market performance of developed and emerging markets. The index is computed using the net return, which withholds applicable taxes for non-resident investors.

The Bloomberg Barclays US Aggregate Index is an unmanaged index considered representative of the US investment-grade, fixed-rate bond market.

There are risks involved with investing in ETFs, including possible loss of money. Actively managed ETFs do not necessarily seek to replicate the performance of a specified index. Actively managed ETFs are subject to risks similar to stocks, including those related to short selling and margin maintenance. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.

The Fund is subject to the risks of the underlying funds. Market fluctuations may change the target weightings in the underlying funds and certain factors may cause the Fund to withdraw its investments therein at a disadvantageous time.

The Fund typically will hold a small number of positions (approximately 10-20 Underlying ETFs). To the extent that a significant portion of the Fund’s total assets is invested in a limited number of holdings, the appreciation or depreciation of any one Underlying ETF may have a greater impact on the Fund’s NAV than it would if the Fund held a greater number of constituents.

The Fund is non-diversified and may experience greater volatility than a more diversified investment.

Interest rate risk refers to the risk that bond prices generally fall as interest rates rise and vice versa.

An issuer may be unable to meet interest and/or principal payments, thereby causing its instruments to decrease in value and lowering the issuer's credit rating.

The risks of investing in securities of foreign issuers can include fluctuations in foreign currencies, political and economic instability, and foreign taxation issues.

as of 07/16/2019
4:15 PM EST

PSMG
Intraday Stats

  • Last Trade $14.64
  • Current IIV $14.60
  • Change -$0.02
  • % Change -0.10%
as of 07/15/2019
  • NAV at market close $14.63

as of 07/15/2019

Fund Yield

  • SEC 30 Day Yield 2.22%
  • Distribution Rate 7.70%
  • 12 Month Distribution Rate 2.14%
  • 30-Day SEC Unsubsidized Yield
    as of 07/15/2019
    2.22%
as of 07/15/2019

Prior Close

  • Closing Price $14.65
  • Bid/Ask Midpoint $14.65
  • Bid/Ask Prem/Disc $0.02
  • Bid/Ask Prem/Disc 0.14%

Fund Details

  • Fund Ticker PSMG
  • CUSIP # 46090A408
  • ISIN US46090A4085
  • Intraday NAV PSMGIV
  • Management Fee 0.05%
  • Acquired Fund Fees & Expenses 0.34%
  • Total Expense Ratio 0.39%
  • Marginable Yes
  • Short Selling Yes
  • Options No
  • Exchange Cboe BZX Exchange, Inc.
  • Inception Date 02/23/2017
  • # of Holdings 15
    as of 07/15/2019
as of 07/16/2019

Quick Facts

  • Previous Close $14.65
  • Open $14.69
  • Today's High $14.69
  • Today's Low $14.60
  • Today's Volume 4,139
  • 852 30-Day Avg Trading
    Volume
  • 52 Week High $14.76
  • 52 Week Low $12.26
  • Shares Outstanding .30MM
  • Market Value $4.4MM