Symbols

PSCF

Invesco S&P SmallCap Financials ETF·NASDAQ

--(--)

Key Stats

Assets Under Management

22.86MUSD

Fund Flows (1Y)

1.28MUSD

Dividend Yield

1.95%

Discount/Premium to NAV

-0.04%

Shares Outstanding

370.00K

Expense Ratio

0.29%

About Invesco S&P SmallCap Financials ETF

Issuer

Invesco Capital Management LLC

Brand

Invesco

Home Page

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

Inception Date

Apr 7, 2010

Structure

Open-Ended Fund

Index Tracked

S&P SmallCap 600 Capped Financials & Real Estate 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.

PSCF holds securities of small-cap financial services companies in the US that are hand-picked by an S&P Committee. Aside from the usual financial services like banking, investment services and insurance, the fund may also include real estate investment trusts ("REITs”). PSCF has quite a divergent performance, being a small-cap-focused fund in a sector biased on large-caps. Holding small- and micro-caps almost exclusively, the fund's weighted average market cap falls far below the sector's average. This tilt steers PSCF away from financial giants. Still, as market conditions change quickly in financials, PSCF's small-cap and growth biases represent a different take on a large-cap-dominated industry. In addition, aside from market-cap-weighting, the index also applies a capping methodology to diversify exposure. The index is rebalanced on a quarterly basis.