CVY - Invesco Zacks Multi-Asset Income ETF

Balanced - Target Risk

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 11/30/2019 09/30/2019

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
Zacks Multi-Asset Income Index 23.24 12.50 9.94 4.59 8.71 5.55
S&P 500 Index 27.63 16.11 14.88 10.98 13.44 9.08
Fund History (%)
Fund NAV 22.35 11.57 9.15 3.96 7.93 4.70
After Tax Held 21.07 10.12 7.55 2.06 5.88 2.73
After Tax Sold 13.20 6.88 6.41 2.15 5.37 2.76
Fund Market Price 22.84 11.56 9.23 4.00 7.93 4.71
  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
Zacks Multi-Asset Income Index 19.68 5.25 9.78 3.52 8.82 5.38
S&P 500 Index 20.55 4.25 13.39 10.84 13.24 8.72
Fund History (%)
Fund NAV 18.99 4.53 9.00 2.89 8.04 4.54
After Tax Held 17.74 3.17 7.41 1.01 5.99 2.54
After Tax Sold 11.23 2.73 6.32 1.34 5.49 2.63
Fund Market Price 19.20 4.44 8.97 2.88 8.02 4.53

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 09/30/2019

Growth of $10,000

Data beginning 10 years prior to the ending date of 09/30/2019. 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 12/13/2019

Sector Allocation

Sector Percent of Fund
Financials 39.17%
Energy 16.08%
Investment Companies 10.02%
Real Estate 9.87%
Consumer Discretionary 6.54%
Materials 6.01%
Industrials 4.26%
Health Care 2.78%
Utilities 2.36%
Information Technology 1.24%
Consumer Staples 0.95%
Communication Services 0.74%
as of 12/13/2019

Top Country Allocation

Country Percentage
United States 88.00%
United Kingdom 2.90%
Spain 1.36%
Canada 1.05%
Brazil 0.95%
Russia 0.89%
Bermuda 0.71%
France 0.69%
Italy 0.68%
Norway 0.62%
as of 12/12/2019

Market Cap & Style Allocations

Large-Cap Value 32.38%
Large-Cap Blend 5.35%
Large-Cap Growth -
Mid-Cap Value 25.61%
Mid-Cap Blend 9.69%
Mid-Cap Growth 0.53%
Small-Cap Value 18.40%
Small-Cap Blend 7.10%
Small-Cap Growth 0.94%

as of 12/13/2019 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
NHF NexPoint Strategic Opportunities Fund 1.16
BMY Bristol-Myers Squibb Co 1.13
BAC B Bank of America Corp 1.10
JPM C JPMorgan Chase & Co 1.10
BSM Black Stone Minerals LP 1.09
CNXM CNX Midstream Partners LP 1.08
GEL Genesis Energy LP 1.08
MPLX MPLX LP 1.07
WFC L Wells Fargo & Co 1.07
DCUE Dominion Energy Inc 1.07

Distributions | HideView All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
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%
09/30/2019 64 10 0 0 0 0 0
03/31/2019 61 12 0 0 0 0 0
12/31/2018 63 22 2 0 0 0 0
09/30/2018 63 17 0 0 0 0 0
Year Ended 2018 251 70 2 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%
09/30/2019 64 54 0 0 0 0 0
03/31/2019 61 45 4 0 0 0 0
12/31/2018 63 34 5 0 0 0 0
09/30/2018 63 46 0 0 0 0 0
Year Ended 2018 251 171 8 0 0 0 0

Fund Inception : 09/21/2006

 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.

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

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 subject to additional risks than general real estate investments. A REITs value can depend on the structure and cash flow it generates. REITs concentrated in a limited number or type of properties, investments or narrow geographic areas are subject to the risks affecting those properties or areas to a greater extent than less concentrated investments. REITs are subject to certain requirements under federal tax law and may have expenses, including advisory and administration expenses. As a result, Fund will incur its pro rata 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.

as of 12/13/2019
4:15 PM EST

CVY
Intraday Stats

  • Last Trade $23.16
  • Current IIV $23.20
  • Change -$0.13
  • % Change -0.56%
as of 12/13/2019
  • NAV at market close $23.20
as of 12/13/2019

Fund Yield

  • SEC 30 Day Yield 4.44%
  • Distribution Rate 3.53%
  • 12 Month Distribution Rate 3.19%
  • 30-Day SEC Unsubsidized Yield
    as of 12/13/2019
    4.35%
as of 12/13/2019

Prior Close

  • Closing Price $23.29
  • Bid/Ask Midpoint $23.18
  • Bid/Ask Prem/Disc -$0.02
  • Bid/Ask Prem/Disc -0.09%
as of 09/30/2019

Fund Characteristics

  • Price/Earnings Ratio1 11.66
  • Forward Price/Earnings Ratio 11.57
  • Price/Book Ratio1 1.37
  • ROE2 17.15%
  • Avg Market Cap2 $88,738MM

1 Weighted Harmonic Average

2 Weighted Average

Source for Fund Characteristics calculations: FactSet

Fund Details

  • Fund Ticker CVY
  • CUSIP # 46137Y500
  • ISIN US46137Y5006
  • Intraday NAV CYM
  • Index Ticker ZAXYHTR
  • Index Provider Zacks Investment Research, Inc.
  • Management Fee 0.50%
  • Acquired Fund Fees & Expenses 0.26%
  • Total Expense Ratio 0.97%
  • Net Expense Ratio 0.97%
  • Marginable No
  • Short Selling No
  • Options No
  • Exchange NYSE Arca
  • Inception Date 09/21/2006
  • # of Holdings 149
    as of 12/13/2019
as of 12/13/2019

Quick Facts

  • Previous Close $23.29
  • Open $23.31
  • Today's High $23.44
  • Today's Low $23.15
  • Today's Volume 13,562
  • 14,953 30-Day Avg Trading
    Volume
  • 52 Week High $23.44
  • 52 Week Low $18.27
  • Shares Outstanding 9.20MM
  • Market Value $213.5MM