Institutional

PSMB

Balanced | Target Risk

Invesco Balanced Multi-Asset Allocation ETF

Product Details

The Invesco Balanced Multi-Asset Allocation ETF (the "Fund") is an actively managed exchange-traded fund (ETF) that seeks to provide current income and capital appreciation by allocating through a balanced 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: 45%-75% in equity ETFs, 25%-55% in fixed income ETFs and 10%-30% 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 12/31/2020 12/31/2020

Performance

Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Custom Invesco Balanced Allocation ETF Index 13.49 13.49 8.59 9.37 7.25 9.58
S&P 500 Index 18.40 18.40 14.18 15.22 13.88 15.00
Fund History (%)
Fund NAV 10.67 10.67 8.08 N/A N/A 8.92
After Tax Held 9.53 9.53 6.69 N/A N/A 7.60
After Tax Sold 6.23 6.23 5.72 N/A N/A 6.44
Fund Market Price 10.44 10.44 8.02 N/A N/A 8.85
Index History (%) YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Custom Invesco Balanced Allocation ETF Index 13.49 13.49 8.59 9.37 7.25 9.58
S&P 500 Index 18.40 18.40 14.18 15.22 13.88 15.00
Fund History (%)
Fund NAV 10.67 10.67 8.08 N/A N/A 8.92
After Tax Held 9.53 9.53 6.69 N/A N/A 7.60
After Tax Sold 6.23 6.23 5.72 N/A N/A 6.44
Fund Market Price 10.44 10.44 8.02 N/A N/A 8.85

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 09/30/2020

Growth of $10,000

Data beginning Fund inception and ending 09/30/2020. 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 01/14/2021

Market Cap & Style Allocations

Large-Cap Value 12.17%
Large-Cap Blend 17.50%
Large-Cap Growth 12.38%
Mid-Cap Value 8.17%
Mid-Cap Blend 14.90%
Mid-Cap Growth 10.87%
Small-Cap Value 7.73%
Small-Cap Blend 12.55%
Small-Cap Growth 3.73%

as of 01/15/2021 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
OMFL Invesco Russell 1000 Dynamic Multifactor ETF 9.89
VRIG Invesco Variable Rate Investment Grade ETF 9.32
RPG Invesco S&P 500 Pure Growth ETF 9.15
IUS Invesco RAFI Strategic US ETF 9.12
IUSS Invesco RAFI Strategic US Small Co ETF 8.46
IIGD Invesco Investment Grade Defensive ETF 7.47
SPLV Invesco S&P 500 Low Volatility ETF 5.89
PLW Invesco 1-30 Laddered Treasury ETF 5.77
BAB Invesco Taxable Municipal Bond 5.01
IDLV Invesco S&P International Developed Low Volatility ETF 4.67
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
12/21/2020 12/22/2020 12/31/2020 0.13338 0.13338 - - - -
09/21/2020 09/22/2020 09/30/2020 0.06509 0.06509 - - - -
06/22/2020 06/23/2020 06/30/2020 0.08173 0.08173 - - - -
03/23/2020 03/24/2020 03/31/2020 0.05762 0.05762 - - - -
12/23/2019 12/24/2019 12/31/2019 0.59667 0.24667 0.06667 0.28333 - -
09/23/2019 09/24/2019 09/30/2019 0.09518 0.09518 - - - -
06/24/2019 06/25/2019 06/28/2019 0.08763 0.08763 - - - -
03/18/2019 03/19/2019 03/29/2019 0.05115 0.05115 - - - -
12/26/2018 12/27/2018 12/31/2018 - - 0.03076 0.00955 - -
12/24/2018 12/26/2018 12/31/2018 0.15063 0.15063 - - - -
09/24/2018 09/25/2018 09/28/2018 0.06869 0.06869 - - - -
06/18/2018 06/19/2018 06/29/2018 0.07401 0.07401 - - - -
03/19/2018 03/20/2018 03/29/2018 0.03940 0.03940 - - - -
12/27/2017 12/28/2017 12/29/2017 0.02925 0.00000 0.02925 - - -
12/18/2017 12/19/2017 12/29/2017 0.13466 0.13466 - - - -
09/18/2017 09/19/2017 09/29/2017 0.07884 0.07884 - - - -
06/16/2017 06/20/2017 06/30/2017 0.04427 0.04427 - - - -

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%
12/31/2020 64 26 1 0 0 0 0
09/30/2020 64 29 1 0 0 0 0
06/30/2020 63 24 0 0 0 0 0
03/31/2020 62 29 18 3 0 0 0
Year Ended 2020 253 108 20 3 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%
12/31/2020 64 33 3 0 1 0 0
09/30/2020 64 33 1 0 0 0 0
06/30/2020 63 37 2 0 0 0 0
03/31/2020 62 9 1 0 1 1 0
Year Ended 2020 253 112 7 0 2 1 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.

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

The Custom Invesco Balanced Allocation Index consists of 60% MSCI All Country World Index and 40% 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.

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.

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

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