RDIV

Invesco S&P Ultra Dividend Revenue ETF

$52.63
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Invesco S&P Ultra Dividend Revenue ETF (RDIV) seeks to track the investment results of an index that is designed to provide exposure to high-dividend-yielding U.S. companies with the potential for capital appreciation.

Overview

ETF tracking Invesco S&P Ultra Dividend Revenue ETF

Category Value
Issuer Invesco
Inception Date 2019-05-28
Market Cap $852.2M
Average Volume N/A
Dividend Yield 3.87%
52-Week Range $42.44 - $53.00
VWAP $52.77

Performance

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Investment Summary

📎 Investment Objective

The Invesco S&P Ultra Dividend Revenue ETF (RDIV) seeks to track the investment results of an index that is designed to provide exposure to high-dividend-yielding U.S. companies with the potential for capital appreciation.

🎯 Investment Strategy

The fund tracks the S&P High Yield Dividend Aristocrats Index, which is composed of companies within the S&P Composite 1500 Index that have increased their annual dividend payments for at least 20 consecutive years. The index is weighted by revenue, which aims to provide exposure to high-dividend-yielding companies with strong fundamentals.

✨ Key Features

  • Focuses on high-dividend-yielding U.S. companies with a history of dividend growth
  • Uses a revenue-weighted index methodology to potentially provide exposure to companies with strong fundamentals
  • Aims to provide both income and the potential for capital appreciation
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a specific sector or industry
  • Dividend payment risk as companies may reduce or eliminate dividends
  • Market risk as the value of the fund's holdings may fluctuate with changes in the overall stock market
  • Liquidity risk as the fund may have difficulty trading certain securities at an optimal price

👤 Best For

This ETF may be suitable for investors seeking a combination of income and potential capital appreciation, with a focus on high-dividend-yielding U.S. companies. It may be particularly appealing to investors with a long-term investment horizon who are willing to accept the risks associated with a concentrated sector or industry exposure.