RYJ - Invesco Raymond James SB-1 Equity ETF

Equity - US Equity

Product Details

The Invesco Raymond James SB-1 Equity ETF (Fund) is based on the Raymond James SB-1 Equity 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 US-listed equity securities rated Strong Buy 1 by Raymond James & Associates, Inc. The Fund and the Index are rebalanced semi-monthly.

as of 11/30/2019 09/30/2019

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
Raymond James SB-1 Equity Index 25.11 7.46 7.61 7.28 12.84 N/A
S&P MidCap 400 Index 22.75 8.86 9.04 8.60 13.10 9.07
Fund History (%)
Fund NAV 24.17 6.63 6.85 6.54 12.07 7.79
After Tax Held 24.17 6.25 6.49 6.21 11.86 7.40
After Tax Sold 14.31 4.07 5.14 4.96 9.99 6.24
Fund Market Price 24.60 6.60 6.75 6.39 12.07 7.50
  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
Raymond James SB-1 Equity Index 17.14 -10.12 6.99 6.37 12.08 N/A
S&P MidCap 400 Index 17.87 -2.49 9.38 8.88 12.56 8.85
Fund History (%)
Fund NAV 16.43 -10.81 6.26 5.65 11.32 7.37
After Tax Held 16.43 -11.13 5.89 5.33 11.11 6.97
After Tax Sold 9.72 -6.25 4.68 4.26 9.33 5.88
Fund Market Price 16.96 -10.76 6.25 5.63 11.27 7.09

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 May 18, 2018, the returns presented reflect performance of the Guggenheim predecessor fund. On Sept. 3, 2008, the Guggenheim predecessor fund acquired the Claymore/Raymond James SB-1 Equity Fund. Therefore, the returns also include those of the Claymore/Raymond James SB-1 Equity 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 12/09/2019

Sector Allocation

Sector Percent of Fund
Energy 20.38%
Information Technology 15.49%
Financials 15.14%
Health Care 14.71%
Industrials 12.43%
Consumer Discretionary 9.94%
Real Estate 6.15%
Communication Services 5.44%
Materials 0.33%
as of 12/06/2019

Market Cap & Style Allocations

Large-Cap Value 7.98%
Large-Cap Blend 7.99%
Large-Cap Growth 7.24%
Mid-Cap Value 10.23%
Mid-Cap Blend 11.04%
Mid-Cap Growth 11.90%
Small-Cap Value 13.50%
Small-Cap Blend 13.05%
Small-Cap Growth 17.07%

as of 12/09/2019 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
CCXI ChemoCentryx Inc 2.33
MESA Mesa Air Group Inc 0.87
ICPT Intercept Pharmaceuticals Inc 0.87
NINE Nine Energy Service Inc 0.87
FLXN Flexion Therapeutics Inc 0.83
BBBY Bed Bath & Beyond Inc 0.81
KRP Kimbell Royalty Partners LP 0.80
PTEN Patterson-UTI Energy Inc 0.78
OIS Oil States International Inc 0.78
HLX Helix Energy Solutions Group Inc 0.76

Distributions | HideView All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
12/24/2018 12/26/2018 12/31/2018 0.52191 0.52191 - - -
12/23/2016 12/28/2016 12/30/2016 0.59470 0.59470 - - -
12/24/2015 12/29/2015 12/31/2015 0.30140 0.30140 - - -
12/24/2014 12/29/2014 12/31/2014 0.09100 0.09100 - - -
12/24/2013 12/27/2013 12/31/2013 0.11300 0.11300 - - -
12/24/2012 12/27/2012 12/31/2012 0.08100 0.08100 - - -
12/23/2011 12/28/2011 12/30/2011 0.02900 0.02900 - - -
12/24/2008 12/29/2008 12/31/2008 0.03300 0.03300 - - -

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 26 0 0 0 0 0
03/31/2019 61 21 0 0 0 0 0
12/31/2018 63 23 14 2 1 0 0
09/30/2018 63 25 1 0 0 0 0
Year Ended 2018 251 83 16 2 1 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 38 0 0 0 0 0
03/31/2019 61 39 1 0 0 0 0
12/31/2018 63 21 2 0 0 0 0
09/30/2018 63 37 0 0 0 0 0
Year Ended 2018 251 147 2 0 0 0 0

Fund Inception : 05/19/2006

 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 industry or sector 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.

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.

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.

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.

Investments in business development companies (“BDCs”) may be subject to certain inherent risks. BDCs, generally invest in less mature private companies, which involve greater risk than well-established, publicly traded companies. The Investment Company Act of 1940 imposes certain restraints upon the operations of a BDC and these limitations may prohibit the way that the BDC raises capital.

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 S&P MidCap 400® Index is an unmanaged index considered representative of mid-sized US companies.

The product is not sponsored, endorsed, sold or promoted by Raymond James Research Services, LLC ("licensor"). Licensor makes no representation or warranty, express or implied, regarding the advisability of investing in securities generally or in the Product particularly or the ability of the Raymond James SB-1 Equity 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 product. Licensor has no obligation to take the needs of the licensee or the owners of the product 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 12/10/2019
4:15 PM EST

RYJ
Intraday Stats

  • Last Trade $45.79
  • Current IIV $45.85
  • Change $0.01
  • % Change 0.02%
as of 12/09/2019
  • NAV at market close $45.76
as of 12/09/2019

Fund Yield

  • SEC 30 Day Yield 1.14%
  • Distribution Rate 1.14%
  • 12 Month Distribution Rate 1.14%
  • 30-Day SEC Unsubsidized Yield
    as of 12/09/2019
    1.14%
as of 12/09/2019

Prior Close

  • Closing Price $45.78
  • Bid/Ask Midpoint $45.76
  • Bid/Ask Prem/Disc -
  • Bid/Ask Prem/Disc -
as of 09/30/2019

Fund Characteristics

  • Price/Earnings Ratio1 22.89
  • Forward Price/Earnings Ratio 19.53
  • Price/Book Ratio1 1.69
  • ROE2 -0.65%
  • Avg Market Cap2 $27,192MM

1 Weighted Harmonic Average

2 Weighted Average

Source for Fund Characteristics calculations: FactSet

Fund Details

  • Fund Ticker RYJ
  • CUSIP # 46137V522
  • ISIN US46137V5223
  • Intraday NAV RYJIV
  • Index Ticker RJSBITR
  • Index Provider Raymond James Research Services, LLC
  • Management Fee 0.75%
  • Acquired Fund Fees & Expenses 0.07%
  • Total Expense Ratio 0.82%
  • Marginable No
  • Short Selling No
  • Options No
  • Exchange NYSE Arca
  • Inception Date 05/19/2006
  • # of Holdings 144
    as of 12/09/2019
as of 12/10/2019

Quick Facts

  • Previous Close $45.78
  • Open $45.57
  • Today's High $45.86
  • Today's Low $45.57
  • Today's Volume 8,577
  • 5,548 30-Day Avg Trading
    Volume
  • 52 Week High $45.92
  • 52 Week Low $34.16
  • Shares Outstanding 3.42MM
  • Market Value $156.6MM