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ETFs

Invesco CEF Income Composite ETF

PCEF
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 19 2010
Expense Ratio
1.99%
Type
Global Closed End Funds
Fund Owner
Invesco
Volume (1m avg. daily)
$1,662,211
AUM
$666,678,838
Associated Index
S-Network Composite Closed-End Fund Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

EXG
Eaton Vance TaxManaged Global Diversified Equity Income Fun
4.11%
BIGZ
BLACKROCK INNOV & GRW TRM TR
4.03%
BMEZ
BLACKROCK HLTH SCI TRM TR
3.83%
ECAT
BLACKROCK ESG CAP ALL TRM TR
3.46%
BSTZ
BLACKROCK SCI & TECH TRM TR
3.06%
JPS
NUVEEN PREFERRED & INCOME SE
2.55%
NFJ
VIRTUS DVD INTRST & PRM STR
2.47%
ETY
Eaton Vance TaxManaged Diversified Equity Income Fund
1.81%
FPF
First Trust Intermediate Duration Preferred & Income Fund
1.78%
HFRO
HIGHLAND INCOME FUND
1.74%
Invest with PCEF

What is PCEF?

The Invesco CEF Income Composite ETF (Fund) is based on the S-Network Composite Closed-End Fund IndexSM (Index). The Fund will normally invest at least 90% of its total assets in securities of funds included in the Index. The Fund is a "fund of funds," as it invests its assets in the common shares of funds included in the Index rather than in individual securities. The Index currently includes closed-end funds that invest in taxable investment grade fixed-income securities, taxable high yield fixed-income securities and others utilize an equity option writing (selling) strategy. The Fund and the Index are rebalanced and reconstituted quarterly

ETFs related toPCEF

ETFs correlated to PCEF include YYY, GAPR, BKMC

PCEF
Invesco Capital Management LLC - Invesco CEF Income Composite ETF
YYY
Amplify ETF Trust - Amplify High Income ETF
GAPR
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - April
BKMC
BNY Mellon ETF Trust - BNY Mellon US Mid Cap Core Equity ETF
SCHM
Schwab Strategic Trust - Schwab U.S. Mid-Cap ETF
BBMC
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Mid Cap Equity ETF
IMCB
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap ETF
EQAL
Invesco Capital Management LLC - Invesco Russell 1000 Equal Weight ETF
IWR
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap ETF
SMMD
BlackRock Institutional Trust Company N.A. - iShares Russell 2500 ETF
NUSC
Nuveen Fund Advisors LLC - Nuveen ESG Small-Cap ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

PCEF is a Global Closed End Funds ETF. The Invesco CEF Income Composite ETF (Fund) is based on the S-Network Composite Closed-End Fund IndexSM (Index). The Fund will normally invest at least 90% of its total assets in securities of funds included in the Index. The Fund is a "fund of funds," as it invests its assets in the common shares of funds included in the Index rather than in individual securities. The Index currently includes closed-end funds that invest in taxable investment grade fixed-income securities, taxable high yield fixed-income securities and others utilize an equity option writing (selling) strategy. The Fund and the Index are rebalanced and reconstituted quarterly

PCEF tracks the S-Network Composite Closed-End Fund Index.

No, PCEF is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, PCEF is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on PCEF is 0.0201%. This is the percent change in the value of PCEF over the most recent 1-month period. The 3-month return on PCEF is -0.0033%. This is the percent change in the value of PCEF over the most recent 3-month period.

The standard deviation of PCEF for the past year is 0.1428%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to PCEF include CEFD, AMLP, and AMJ.

ETFs correlated to PCEF include YYY, GAPR, and BKMC.

ETFs that are inversely correlated to PCEF include SRTY, RWM, and TWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.