Symbols

RDIV

Invesco S&P Ultra Dividend Revenue ETF·NYSE

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Key Stats

Assets Under Management

952.16MUSD

Fund Flows (1Y)

36.62MUSD

Dividend Yield

3.61%

Discount/Premium to NAV

0.03%

Shares Outstanding

17.08M

Expense Ratio

0.39%

About Invesco S&P Ultra Dividend Revenue ETF

Issuer

Invesco Capital Management LLC

Brand

Invesco

Home Page

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

Inception Date

Sep 30, 2013

Structure

Open-Ended Fund

Index Tracked

S&P 900 Dividend Revenue-Weighted 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.

RDIV competes in the high-dividend securities market through a revenue-weighted portfolio. The fund selects the 60 highest-yielding securities from the S&P 500 and S&P 400, and weights them by revenue. This approach sets the fund apart and produces a unique portfolio with big sector tilts. Still, with only about 60 holdings, the fund's biases can change quickly. The strategy produces a high portfolio yield, but some investors may be wary of the increased exposure to a smaller selection universe. The index is reconstituted and rebalanced quarterly. Prior to June 4, 2018, the fund's underlying index was called OFI Revenue Weighted Ultra Dividend Index.