Symbols

PSCH

Invesco S&P SmallCap Health Care ETF·NASDAQ

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Key Stats

Assets Under Management

143.17MUSD

Fund Flows (1Y)

-28.30MUSD

Dividend Yield

0.08%

Discount/Premium to NAV

-0.10%

Shares Outstanding

3.28M

Expense Ratio

0.29%

About Invesco S&P SmallCap Health Care ETF

Issuer

Invesco Capital Management LLC

Brand

Invesco

Home Page

https://www.invesco.com/us/financial-products/etfs/product-detail?productId=ETF-PSCH

Inception Date

Apr 7, 2010

Structure

Open-Ended Fund

Index Tracked

S&P SmallCap 600 Capped Health Care Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Invesco Capital Management LLC

Distributor

Invesco Distributors, Inc.

PSCH targets US small-cap companies in the health care space. The fund pulls from the S&P SmallCap 600, a market-cap-weighted index that consists of US small-cap companies screened for size, liquidity, and financial viability. It specifically holds companies engaged in providing health care products, facilities and services, biotechnology, pharmaceuticals, as well as medical technology and supplies. Selected securities are weighted by market cap and are constrained at each quarterly rebalance, such that individual securities will not exceed 22.5% weight and the aggregate weight of securities with over 4.5% allocation is capped at 45% weight of the portfolio. For more speculative investors, PSCH is potentially a great alternative play on the sector.