Symbols

PXF

Invesco RAFI Developed Markets ex-U.S. ETF·ARCA

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Key Stats

Assets Under Management

2.65BUSD

Fund Flow (1Y)

200.52MUSD

Dividend Yield

3.43%

Discount / Premium to NAV

-0.06%

Shares Outstanding

37.40M

Expense Ratio

0.43%

About Invesco RAFI Developed Markets ex-U.S. ETF

Issuer

Invesco Capital Management LLC

Brand

Invesco

Home Page

https://www.invesco.com/us/financial-products/etfs/product-detail?ticker=PXF

Inception Date

Jun 25, 2007

Structure

Open-Ended Fund

Index Tracked

RAFI Fundamental Select Developed ex-US 1000 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.

PXF applies a fundamentals-driven selection process to an index that provides exposure to developed countries excluding the US. Factors like cash flow, dividends, revenue and book value are used to screen for the fund's portfolio. While some alternative-weighting methods yield funds that tilt small, PXF's approach ends up favoring larger firms and skimping on small-caps. The fund's portfolio is fairly broad—it avoids big sector bets, making PXF a modest departure from cap-weighting despite its approach. The fund complements sister fund PDN—together they cover the total market segment of the developed ex-US equity market. The index is rebalanced and reconstituted annually.