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ETFs

Invesco CEF Income Composite ETF

PCEF
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Feb 19 2010
Expense Ratio
1.99%
Type
Global Closed End Funds
Fund Owner
Invesco
Volume (1m avg. daily)
$2,164,916
AUM
$649,691,412
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
3.95%
BIGZ
BlackRock Innovation and Growth Term Trust
3.42%
BMEZ
BlackRock Health Sciences Term Trust
3.39%
ECAT
BlackRock ESG Capital Allocation Term Trust
2.97%
BSTZ
BlackRock Science and Technology Term Trust
2.87%
JPS
Nuveen Preferred & Income Securities Fund
2.51%
NFJ
Virtus Dividend Interest & Premium Strategy Fund
2.42%
XHYTX
BlackRock Corporate High Yield Fund Inc
2.13%
ETY
Eaton Vance TaxManaged Diversified Equity Income Fund
2.11%
EVV
Eaton Vance Ltd Duration Income Fund
1.92%
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, BKMC, IWR

PCEF
Invesco Capital Management LLC - Invesco CEF Income Composite ETF
YYY
Amplify ETF Trust - Amplify High Income ETF
BKMC
BNY Mellon ETF Trust - BNY Mellon US Mid Cap Core Equity ETF
IWR
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap ETF
IMCB
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap 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
EUSA
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Equal Weighted ETF
VO
Vanguard Group, Inc. - Vanguard Mid-Cap ETF
TILT
FlexShares Trust - FlexShares Morningstar US Market Factors Tilt Index Fund
AVGE
American Century ETF Trust - Avantis All Equity Markets 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 -0.0148%. This is the percent change in the value of PCEF over the most recent 1-month period. The 3-month return on PCEF is -0.0135%. 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 0.124%. 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, PFF, and PGF.

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

ETFs that are inversely correlated to PCEF include HIBS, SJB, and SRTY.

Disclaimers

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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.