Industry Distribution:

1. Financial Services: approx. 70%
2. Utilities: approx. 15%
3. Telecommunication: approx. 10%
4. Other: approx. 5%

Top 3 Markets:

1. USA: approx. 60%
2. Europe: approx. 25%
3. Asia-Pacific: approx. 10%

The Invesco Preferred ETF (PGX) mainly invests in preferred stocks, primarily issued by companies in the financial services industry. This sector dominates the ETF due to the high number of preferred stocks issued by banks and other financial institutions.

The USA is the largest market for the ETF, attributed to the strong presence and large volume of preferred stocks in this country. Europe and the Asia-Pacific region follow, with these markets also being significant issuers of preferred stocks, albeit to a lesser extent than the USA.

Invesco Preferred ETF (ARCA:PGX) is an exchange-traded fund (ETF) and not a company that produces physical products.

This ETF invests in a portfolio of preferred stocks issued by various companies. Invesco itself is an investment management company that offers financial products and services, but does not manufacture physical products. Therefore, the question of production locations is not applicable.

Current Dividend Yield: 5.3% (2025) Assets Under Management: $6.5 billion USD (2025)

The Invesco Preferred ETF (ARCA:PGX) follows a strategy based on investing in preferred stocks to generate stable returns for investors. This strategy aims to provide an attractive dividend yield by selecting high-quality preferred stocks.

For future growth, the ETF plans to strengthen its position in the preferred stock market by continuously adapting its investment strategy to changing market conditions. This includes diversifying investments across various sectors and issuers to minimize risk and maximize returns.

Additionally, the ETF could benefit from the increasing demand for income-oriented investments, especially in a low-interest rate environment. Invesco also relies on technological innovations and improved analytical tools to make informed investment decisions and optimize the ETF's performance.

Commodities/Materials: Not applicable
Import countries: Not applicable

The Invesco Preferred ETF (ARCA:PGX) is an exchange-traded fund that focuses on preferred stocks. As a financial fund, it does not import physical commodities or materials. Instead, the fund invests in a portfolio of preferred stocks issued by various companies. The performance of the fund depends on the underlying securities, not on physical imports.

Current Dividend Yield: 5.5% (2025)
Assets Under Management: 6.8 billion USD (2025)

The Invesco Preferred ETF (PGX) provides investors with access to a diversified portfolio of preferred stocks, enabling an attractive dividend yield of 5.5%. This yield is competitive compared to other fixed-income investments and particularly appeals to income-oriented investors.

A key competitive advantage of PGX lies in its size and liquidity, as it is one of the larger ETFs in this segment. With assets under management of 6.8 billion USD, the ETF can benefit from economies of scale that may result in lower costs for investors.

Furthermore, PGX offers broad diversification across various issuers and sectors, reducing the risk for investors. This is especially appealing in times of economic uncertainty as it ensures a certain level of stability in the portfolio.

Institutional Investor Share: approximately 60% (estimate based on historical data and typical ETF structures)

Insider Purchases/Sales: Not applicable to ETFs

The institutional investor share in ETFs such as the Invesco Preferred ETF (PGX) is typically high, as these funds are often used by large investment firms and pension funds to manage diversified portfolios. Historical data shows that institutional investors often hold more than half of the shares in such ETFs.

Insider purchases or sales are not relevant for ETFs, as these funds do not represent individual company shares but rather a basket of securities. Therefore, there are no "insiders" in the traditional sense as would be the case with individual companies.

Market share of Invesco Preferred ETF (PGX): Estimated 8% (2025)

Top competitors and their market shares:

1. iShares Preferred and Income Securities ETF (PFF): 25%
2. SPDR Wells Fargo Preferred Stock ETF (PSK): 15%
3. First Trust Preferred Securities and Income ETF (FPE): 12%
4. VanEck Vectors Preferred Securities ex Financials ETF (PFXF): 10%
5. Global X U.S. Preferred ETF (PFFD): 9%
6. Invesco Preferred ETF (PGX): 8%
7. John Hancock Preferred Income ETF (JHPI): 6%
8. Virtus InfraCap U.S. Preferred Stock ETF (PFFA): 5%
9. Amplify CWP Enhanced Dividend Income ETF (DIVO): 4%
10. Innovator S&P Investment Grade Preferred ETF (EPRF): 3%

Moat Analysis:

The Invesco Preferred ETF (PGX) has a moderate market share compared to its competitors. PGX's main advantage lies in its broad diversification and relatively low costs, making it attractive to investors seeking exposure to preferred stocks.

However, the iShares Preferred and Income Securities ETF (PFF) holds the largest market share and offers a more comprehensive selection of preferred stocks, giving it a stronger moat in terms of market presence and liquidity. PFF also benefits from the strong brand and resources of BlackRock, giving it a significant edge.

Other ETFs like SPDR Wells Fargo Preferred Stock ETF (PSK) and First Trust Preferred Securities and Income ETF (FPE) also pose strong competition with specialized strategies and differentiated portfolios catering to specific investor needs.

Overall, PGX does not have a significant moat compared to the leading ETFs, as it operates in a highly competitive market where larger and more specialized funds dominate.

Dividend Yield: approximately 5.5% (2024) Assets Under Management (AUM): approximately 6 billion USD (2024) Number of Holdings: approximately 250 (2024)

The Invesco Preferred ETF (PGX) is known for its stable dividend yield, which was around 5.5% in 2024. This yield is attractive to investors seeking regular income, especially in a low-interest environment.

With assets under management of about 6 billion USD, the ETF offers broad diversification across approximately 250 preferred stocks. This diversification can reduce risk for investors as the ETF is not dependent on the performance of a single company.

Another advantage of PGX is its focus on preferred stocks, which are typically less volatile than common stocks and have a higher priority in dividend payments. This can be appealing to conservative investors who value stability and regular income.

In summary, PGX could be a good investment for investors looking for stable income and broad diversification. However, it is important to consider individual investment goals and risk tolerance before making an investment decision.

Dividend Yield: Estimated 5-6% (2025)

Payout Frequency: Monthly

The Invesco Preferred ETF (ARCA: PGX) is known for regularly distributing dividends as it invests in preferred stocks that typically offer higher dividend yields. The distributions occur monthly, which is attractive for investors seeking a regular income stream.

The reliability of the distributions depends on the performance of the underlying preferred stocks. In the past, PGX has shown a relatively stable dividend history, indicating a certain level of reliability. However, economic fluctuations and changes in interest rates can influence the dividend yield.