Balanced | Target Risk

Invesco Zacks Multi-Asset Income ETF

Ticker: CVY

Product Details

The Invesco Zacks Multi-Asset Income ETF (Fund) is based on the Zacks Multi-Asset Income Index (Index). The Fund will invest at least 90% of its total assets in securities and depositary receipts that comprise the Index. The Index is comprised of domestic and international companies, including US listed common stocks, American depositary receipts (ADRs) paying dividends, real estate investment trusts (REITs), master limited partnerships (MLPs), closed-end funds and traditional preferred stocks. The Index is computed using the gross total return, which reflects dividends paid. The Fund and the Index are rebalanced quarterly.

as of 10/31/2022 09/30/2022

Performance

Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Zacks Multi-Asset Income Index -8.75 -8.29 2.56 4.16 4.85 4.86
S&P 500 Index -17.70 -14.61 10.22 10.44 12.79 9.10
Fund History (%)
Fund NAV -9.10 -8.76 2.32 3.72 4.24 4.13
After Tax Held -10.21 -9.91 1.18 2.56 2.51 2.32
After Tax Sold -5.39 -5.17 1.42 2.53 2.55 2.43
Fund Market Price -9.16 -8.68 2.37 3.74 4.23 4.13
Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Zacks Multi-Asset Income Index -16.97 -14.23 -0.46 2.10 3.77 4.27
S&P 500 Index -23.87 -15.47 8.16 9.24 11.70 8.62
Fund History (%)
Fund NAV -17.19 -14.61 -0.68 1.68 3.21 3.54
After Tax Held -18.20 -15.68 -1.78 0.54 1.50 1.74
After Tax Sold -10.12 -8.57 -0.80 1.01 1.79 2.00
Fund Market Price -16.95 -14.29 -0.51 1.77 3.23 3.57

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 the result of a reorganization on April 6, 2018, the returns presented reflect performance of the Guggenheim predecessor fund. Invesco is not affiliated with Guggenheim.

as of 09/30/2022

Growth of $10,000

Data beginning 10 years prior to the ending date of 09/30/2022. 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 11/25/2022

Sector Allocation

Sector Percent of Fund
Financials 35.91%
Energy 20.24%
Real Estate 10.26%
Investment Companies 9.54%
Consumer Discretionary 6.55%
Materials 6.49%
Industrials 2.43%
Consumer Staples 2.10%
Health Care 1.87%
Utilities 1.71%
Information Technology 1.53%
Communication Services 1.37%
as of 11/25/2022

Top Country Allocation

Country Percentage
United States 86.83%
United Kingdom 2.13%
Brazil 1.59%
Canada 1.56%
Japan 1.16%
Chile 1.12%
Puerto Rico 0.99%
South Korea 0.96%
Italy 0.75%
Colombia 0.69%
as of 11/24/2022

Market Cap & Style Allocations

Large-Cap Value 20.94%
Large-Cap Blend 6.04%
Large-Cap Growth 0.84%
Mid-Cap Value 26.50%
Mid-Cap Blend 12.03%
Mid-Cap Growth 0.22%
Small-Cap Value 22.46%
Small-Cap Blend 10.36%
Small-Cap Growth 0.61%

as of 11/25/2022 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
UAN CVR Partners LP 1.32
MPC Marathon Petroleum Corp 1.29
AFL Aflac Inc 1.28
GS Goldman Sachs Group Inc/The 1.26
BSM Black Stone Minerals LP 1.24
MET MetLife Inc 1.22
VICI VICI Properties Inc 1.15
GLPI Gaming and Leisure Properties Inc 1.15
MS Morgan Stanley 1.13
SYF Synchrony Financial 1.12
The characterizations of distributions reflected in this table are as of the date noted below. The actual amounts of income, capital gains and return of capital for tax purposes are only determined after the Fund’s fiscal year end, and may differ from the amounts and characterizations reflected in the chart below. Please refer to the Tax Center for the most current and/or final characterizations of these distributions, including any distributions characterized as return of capital.

Distributions | HideView All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital Liquidation Distribution
09/19/2022 09/20/2022 09/23/2022 0.32219 0.32219 - - - -
06/21/2022 06/22/2022 06/30/2022 0.17179 0.17179 - - - -
03/21/2022 03/22/2022 03/31/2022 0.17012 0.17012 - - - -
12/20/2021 12/21/2021 12/31/2021 0.02905 0.02905 - - - -
09/20/2021 09/21/2021 09/30/2021 0.25551 0.25551 - - - -
06/21/2021 06/22/2021 06/30/2021 0.18461 0.18461 - - - -
03/22/2021 03/23/2021 03/31/2021 0.11243 0.11243 - - - -
12/21/2020 12/22/2020 12/31/2020 0.18533 0.18533 - - - -
09/21/2020 09/22/2020 09/30/2020 0.17372 0.17372 - - - -
06/22/2020 06/23/2020 06/30/2020 0.14038 0.14038 - - - -
03/23/2020 03/24/2020 03/31/2020 0.18232 0.18232 - - - -
12/23/2019 12/24/2019 12/31/2019 0.17870 0.17870 - - - -
09/23/2019 09/24/2019 09/30/2019 0.20457 0.20457 - - - -
06/24/2019 06/25/2019 06/28/2019 0.18256 0.18256 - - - -
03/18/2019 03/19/2019 03/29/2019 0.18729 0.18729 - - - -
12/24/2018 12/26/2018 12/31/2018 0.16478 0.16478 - - - -
09/24/2018 09/25/2018 09/28/2018 0.25022 0.25022 - - - -
06/26/2018 06/27/2018 06/29/2018 0.20734 0.20734 - - - -
03/26/2018 03/27/2018 03/29/2018 0.23030 0.23030 - - - -
12/26/2017 12/27/2017 12/29/2017 0.21590 0.21590 - - - -
09/26/2017 09/27/2017 09/29/2017 0.22610 0.22610 - - - -
06/26/2017 06/28/2017 06/30/2017 0.21790 0.21790 - - - -
03/27/2017 03/29/2017 03/31/2017 0.22240 0.22240 - - - -
12/23/2016 12/28/2016 12/30/2016 0.22010 0.22010 - - - -
09/26/2016 09/28/2016 09/30/2016 0.24330 0.24330 - - - -
06/24/2016 06/28/2016 06/30/2016 0.22310 0.22310 - - - -
03/24/2016 03/29/2016 03/31/2016 0.22110 0.22110 - - - -
12/24/2015 12/29/2015 12/31/2015 0.25060 0.25060 - - - -
09/24/2015 09/28/2015 09/30/2015 0.28380 0.28380 - - - -
06/24/2015 06/26/2015 06/30/2015 0.25430 0.25430 - - - -
03/25/2015 03/27/2015 03/31/2015 0.28240 0.28240 - - - -
12/24/2014 12/29/2014 12/31/2014 0.48700 0.48700 - - - -
09/24/2014 09/26/2014 09/30/2014 0.31600 0.31600 - - - -
06/24/2014 06/26/2014 06/30/2014 0.31000 0.31000 - - - -
03/25/2014 03/27/2014 03/31/2014 0.29200 0.29200 - - - -
12/24/2013 12/27/2013 12/31/2013 0.31000 0.31000 - - - -
09/24/2013 09/26/2013 09/30/2013 0.32100 0.32100 - - - -
06/24/2013 06/26/2013 06/28/2013 0.37000 0.37000 - - - -
03/22/2013 03/26/2013 03/28/2013 0.32400 0.32400 - - - -
12/24/2012 12/27/2012 12/31/2012 0.31900 0.31900 - - - -
09/24/2012 09/26/2012 09/28/2012 0.28400 0.28400 - - - -
06/25/2012 06/27/2012 06/29/2012 0.31400 0.31400 - - - -
03/26/2012 03/28/2012 03/30/2012 0.26500 0.26500 - - - -
12/23/2011 12/28/2011 12/30/2011 0.27700 0.27700 - - - -
09/26/2011 09/28/2011 09/30/2011 0.29500 0.29500 - - - -
06/24/2011 06/28/2011 06/30/2011 0.27600 0.27600 - - - -
03/25/2011 03/29/2011 03/31/2011 0.25900 0.25900 - - - -
12/27/2010 12/29/2010 12/31/2010 0.24700 0.24700 - - - -
09/24/2010 09/28/2010 09/30/2010 0.22500 0.22500 - - - -
06/24/2010 06/28/2010 06/30/2010 0.26200 0.26200 - - - -
03/25/2010 03/29/2010 03/31/2010 0.22100 0.22100 - - - -
12/24/2009 12/29/2009 12/31/2009 0.22200 0.22200 - - - -
09/24/2009 09/28/2009 09/30/2009 0.22800 0.22800 - - - -
06/24/2009 06/26/2009 06/30/2009 0.21600 0.21600 - - - -
03/25/2009 03/27/2009 03/31/2009 0.28700 0.28700 - - - -
12/24/2008 12/29/2008 12/31/2008 0.35400 0.35400 - - - -
09/24/2008 09/26/2008 09/30/2008 0.35300 0.35300 - - - -
06/24/2008 06/26/2008 06/30/2008 0.33700 0.33700 - - - -
03/25/2008 03/27/2008 03/31/2008 0.36400 0.36400 - - - -

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%
09/30/2022 64 11 5 0 0 0 0
06/30/2022 62 20 1 0 0 0 0
03/31/2022 62 10 4 2 0 0 0
12/31/2021 64 23 1 0 0 0 0
Year Ended 2021 252 71 8 0 0 0 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%
09/30/2022 64 41 3 2 2 0 0
06/30/2022 62 38 2 1 0 0 0
03/31/2022 62 39 7 0 0 0 0
12/31/2021 64 38 2 0 0 0 0
Year Ended 2021 252 150 21 2 0 0 0

Fund Inception : 09/21/2006

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.

Premiums/Discounts

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

Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.

There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Underlying 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.

Investments focused in a particular sector, such as financials, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

Depositary receipts involve many of the same risks as a direct investment in foreign securities, and issuers of certain depositary receipts are under no obligation to distribute shareholder communications to the holders or to pass through to them any voting rights with respect to the deposited securities.

Stocks of small and mid-sized companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale.

The fund may engage in frequent trading of its portfolio securities in connection with the rebalancing or adjustment of the Underlying Index.

Because the Fund may invest in other investment companies, it's subject to the risks associated with the investment company and its investment performance may depend on the underlying investment company's performance. Moreover, the Fund and its shareholders will incur its pro rata share of the underlying investment companies' expenses, which will reduce the Fund's performance, and the purchase of shares of some investment companies.

Most MLPs operate in the energy sector and are subject to the risks generally applicable to companies in that sector, including commodity pricing risk, supply and demand risk, depletion risk and exploration risk. MLPs are also subject the risk that regulatory or legislative changes could eliminate the tax benefits enjoyed by MLPs which could have a negative impact on the after-tax income available for distribution by the MLPs and/or the value of the portfolio's investments.

REITs are pooled investment vehicles that trade like stocks and invest substantially all of their assets in real estate and may qualify for special tax considerations. REITs are subject to risks inherent in the direct ownership of real estate. A company’s failure to qualify as a REIT under federal tax law may have adverse consequences to the REIT’s shareholders. REITs may have expenses, including advisory and administration, and REIT shareholders will incur a proportionate share of the underlying expenses.

A company's preferred stock generally pays dividends only after the company makes required payments to holders of its bonds and other debt. The value of preferred stock will usually react more strongly than bonds and other debt to actual or perceived changes in the company's financial condition or prospects.

The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.

The Dow Jones U.S. Select Dividend Index represent the country's leading stocks by dividend yield.

The fund is not sponsored, endorsed, sold or promoted by Zacks Investment Research, Inc. ("licensor"). Licensor makes no representation or warranty, express or implied, regarding the advisability of nvesting in securities generally or in the fund particularly or the ability of the Zacks Multi-Asset Income Index ("index") to track general market performance. Licensor’s only relationship to Invesco Capital Management LLC ("licensee") is the licensing of the index which is determined, composed and calculated by licensor without regard to the licensee or the fund. Licensor has no obligation to take the needs of the licensee or the owners of the fund into consideration in determining, composing or calculating the index. Licensor shall not be liable to any person for any error in the index nor shall it be under any obligation to advise any person of any error therein.