Symbols

PDN

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF·NYSE

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Key Stats

Assets Under Management

385.44MUSD

Fund Flows (1Y)

-126.42MUSD

Dividend Yield

3.10%

Discount/Premium to NAV

-0.18%

Shares Outstanding

8.45M

Expense Ratio

0.47%

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

Issuer

Invesco Capital Management LLC

Brand

Invesco

Home Page

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

Inception Date

Sep 27, 2007

Structure

Open-Ended Fund

Index Tracked

RAFI Fundamental Select Developed ex-US 1500 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.

Targeting the extended market segment of the developed ex-US equity market, PDN selects the next 1,500 largest companies (ranked 1,001-2,500) in the FTSE RAFI Developed ex US 1000 Index. The fund then ranks and weights each holding by its economic footprint, as described by long-term fundamental measures (revenue, book value, cash flow, and dividends), rather than by market value of equity. From a size perspective, PDN complements sibling fund PXF, which is the large-cap version of this fund. The index is rebalanced and reconstituted on an annual basis.