Symbols

UPGD

Invesco Bloomberg Analyst Rating Improvers ETF·ARCA

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Key Stats

Assets Under Management

110.83MUSD

Fund Flows (1Y)

-10.74MUSD

Dividend Yield

1.64%

Discount/Premium to NAV

-0.10%

Shares Outstanding

1.40M

Expense Ratio

0.40%

About Invesco Bloomberg Analyst Rating Improvers ETF

Issuer

Invesco Capital Management LLC

Brand

Invesco

Home Page

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

Inception Date

May 19, 2006

Structure

Open-Ended Fund

Index Tracked

Raymond James SB-1 Equity 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.

UPGD selects US-listed stocks with a Strong-Buy 1 (SB-1) rating — the highest rating as per Raymond James analysts using proprietary equity research. SB-1 securities are believed to achieve higher returns over the short-term horizon. The fund draws from a large universe that includes companies of all market capitalizations across various industry groups including common stocks, ADRs, REITs, MLPs and BDCs. The index constituents are rebalanced twice monthly and reconstituted annually in December. The fund underwent reorganizations but the strategy is the same. From Sep. 3, 2008 - May 18, 2018, RYJ was Guggenheim Raymond James SB-1 Equity ETF. Prior to Sep. 3, 2008, the fund was Claymore/Raymond James SB-1 Equity Fund.