Symbols

QVMM

Invesco S&P MidCap 400 QVM Multi-Factor ETF·NYSE

--(--)

Key Stats

Assets Under Management

393.34MUSD

Fund Flows (1Y)

-3.69MUSD

Dividend Yield

1.21%

Discount/Premium to NAV

-0.03%

Shares Outstanding

12.08M

Expense Ratio

0.15%

About Invesco S&P MidCap 400 QVM Multi-Factor ETF

Issuer

Invesco Capital Management LLC

Brand

Invesco

Home Page

https://www.invesco.com/us/financial-products/etfs/product-detail?audienceType=Investor&productId=ETF-QVMM

Inception Date

Jun 30, 2021

Structure

Open-Ended Fund

Index Tracked

S&P MidCap 400 Quality, Value & Momentum Top 90% Multi-Factor 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.

QVMM is a passively managed ETF that provides exposure to US mid-cap stocks that exhibit factors of quality, vale, and momentum. Securities from S&P mid-cap 400 Index are each assigned quality, value, and momentum factor scores. From the three style scores, a combined multi-factor score is generated from which the top 90% ranking securities are selected. Using a sampling methodology in tracking the index, QVMM invests in a sample of securities that collectively have a similar investment profile to the underlying index. The index is market cap-weighted and rebalanced quarterly.