PFM Profile
The Invesco Dividend Achievers ETF (PFM) is an exchange-traded fund issued by Invesco, designed to mirror the performance of the NASDAQ US Broad Dividend Achievers index. This index comprises US companies that have demonstrated a consistent record of increasing annual dividends, reflecting their financial stability and commitment to returning value to shareholders. PFM employs a market-cap-weighted methodology to allocate its investments, ensuring that larger companies have a greater influence on the fund's performance.
Launched on September 15, 2005, PFM offers investors exposure to a diversified portfolio of dividend-paying stocks across various sectors such as consumer goods, healthcare, and technology. The ETF's strategy is rooted in the belief that companies with a history of increasing dividends may provide reliable income streams and potential for capital appreciation over the long term. This approach appeals to investors seeking both income and growth opportunities within the US equity market.
The selection criteria for PFM's underlying index emphasize financial health and dividend sustainability, underpinned by stringent qualitative and quantitative screens. By focusing on dividend achievers, the ETF aims to capture companies with robust cash flow generation and prudent capital management practices. This strategy not only targets current income but also aims to protect against inflation and market volatility, enhancing the resilience of investor portfolios.
Invesco's management of PFM underscores its commitment to delivering consistent investment performance and effective risk management. The ETF provides investors with efficient access to a diversified basket of dividend achievers, offering liquidity and transparency through its listing on major exchanges. As part of Invesco's suite of ETF offerings, PFM exemplifies the firm's dedication to providing tailored investment solutions that meet the evolving needs of investors seeking income-oriented strategies in today's dynamic market landscape.
|
