The Invesco Dynamic Food & Beverage ETF (PBJ) is brought to you by Invesco, a leading global investment management firm with a commitment to helping investors achieve their financial goals. Established to provide exposure to the U.S. food and beverage sector, PBJ tracks the ICE Data Indices, LLC's Underlying Index, which includes common stocks of companies primarily engaged in the production, sale, or distribution of food and beverage products, agricultural products, and innovative food technology. As of June 30, 2023, the Underlying Index consisted of 30 constituents with market capitalizations ranging from $1 billion to $255 billion, offering investors a diverse representation of this industry. PBJ employs a full replication strategy to closely mirror the Underlying Index, making it a go-to choice for investors seeking targeted exposure to the food and beverage sector.
The Invesco Dynamic Food & Beverage ETF (PBJ) primarily focuses on the food and beverage sector, aiming to replicate the performance of the Underlying Index comprised of U.S. food and beverage companies. While dividend income isn't the fund's primary objective, it reflects the dividend distribution of these sector constituents. Dividends from PBJ are typically distributed in accordance with the individual dividend policies and performances of the underlying food and beverage companies, with distributions occurring periodically throughout the year. Investors seeking exposure to this specific industry may consider PBJ for potential dividend returns along with capital appreciation.
The Invesco Dynamic Food & Beverage ETF, with the ticker symbol PBJ, primarily tracks the performance of the Underlying Index meticulously constructed and maintained by ICE Data Indices, LLC. This index is comprised of common stocks of U.S. food and beverage companies, encompassing those engaged in the production, sale, or distribution of food and beverage products, agricultural items, and innovations in the food technology sector. PBJ's investment strategy is to closely replicate the composition and weightings of the Underlying Index, thus providing investors with a convenient way to gain exposure to the food and beverage industry within the U.S. equity market. As of June 30, 2023, the Underlying Index consisted of 30 constituents with varying market capitalizations, and the fund employs a full replication methodology to mirror its holdings. Please note that PBJ is classified as a non-diversified fund and may concentrate its investments in specific industries, depending on the composition of the Underlying Index.
The correlation aspect of the Invesco Dynamic Food & Beverage ETF (PBJ) is primarily influenced by its focus on the food and beverage sector in the United States. As PBJ tracks the performance of companies engaged in the manufacture, sale, and distribution of food and beverage products, its correlation with this specific industry is expected to be strong. Investors interested in the food and beverage sector often look to PBJ's correlation with other related industries to assess market trends and potential investment opportunities.
The Invesco Dynamic Food &Beverage ETF (PBJ) is primarily focused on the food and beverage sector, with at least 90% of its assets invested in securities that comprise the Underlying Index. The Underlying Index is composed of common stocks of U.S. food and beverage companies engaged in the manufacture, sale, or distribution of food and beverage products, agricultural products, and products related to the development of new food technologies. This sector includes companies involved in consumer manufacturing of agricultural inputs, processed food and beverage products, food and beverage stores, and food and beverage services. As of June 30, 2023, the Underlying Index consisted of 30 constituents with market capitalizations ranging from $1 billion to $255 billion. The Fund employs a full replication methodology to track the Underlying Index and may concentrate its investments in the food and beverage industry.
The exposure characteristic of the Invesco Dynamic Food &Beverage ETF (PBJ) is centered around the U.S. food and beverage industry. This ETF primarily invests in securities that make up the underlying index, which is comprised of common stocks of U.S. food and beverage companies. These companies engage in various aspects of the food and beverage sector, including manufacturing, sale, distribution, and development of new food technologies. PBJ offers investors an opportunity to gain exposure to this specific industry, which encompasses a wide range of businesses within the food and beverage sector.
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