Invesco High Yield Equity Dividend Achievers ETF (PEY)

Invesco High Yield Equity Dividend Achievers ETF (PEY) is an exchange-traded fund in the Mid Cap Value category. It has $1.16B in assets, an expense ratio of 0.68% and a 4.19% dividend yield. The fund is an index fund that seeks to track the investment results of the underlying index. The manager has adopted a policy to invest, under normal circumstances, at least 80% of the value of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of companies that pay dividends, and in derivatives and other investments that have economic characteristics similar to equity securities of companies that pay dividends.