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Invesco Preferred (PGX) ETF Holdings & Analysis
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What PGX does
The Invesco Preferred ETF (PGX) aims to replicate the performance of the ICE BofAML Core Plus Fixed Rate Preferred Securities Index. To achieve this, the Fund typically allocates a minimum of 80% of its total assets to fixed-rate, US dollar-denominated preferred securities that are components of this underlying index. The Index itself comprises fixed-rate, US dollar-denominated preferred securities issued within the domestic U.S. market. These securities must satisfy specific criteria: they require an average credit rating of at least B3 from leading agencies like Moody's, S&P, and Fitch. Additionally, they must originate from countries with an investment-grade risk profile, assessed by the average foreign currency long-term sovereign debt ratings provided by the same three agencies. Rather than fully replicating the entire index, the Fund employs a "sampling" methodology to pursue its investment objective efficiently. Both the Fund and its benchmark index undergo monthly rebalancing and reconstitution.
Fund profile
Top holdings
| Holding | Weight | |
|---|---|---|
| JPMorgan Chase & Co 6.00% 12/31/2079 | 1.78% | |
| JPMorgan Chase & Co 5.75% 12/31/2079 | 1.52% | |
| Wells Fargo & Co 4.75% 12/31/2079 | 1.40% | |
| JPMorgan Chase & Co 4.63% 12/31/2079 | 1.31% | |
| JPMorgan Chase & Co 4.20% 12/31/2079 | 1.30% | |
| Bank of America Corp 6.00% 12/31/2079 | 1.27% | |
| AT&T Inc 4.75% 12/31/2079 | 1.15% | |
| Bank of America Corp 5.38% 12/30/2049 | 1.10% | |
| JPMorgan Chase & Co 4.55% 12/31/2079 | 1.04% | |
| Capital One Financial Corp 5.00% 12/31/2079 | 1.02% |
Sector allocation
| Basic Materials | 0.11% |
| Cash & Others | 11.01% |
| Communication Services | 4.59% |
| Consumer Cyclical | 1.91% |
| Energy | 0.32% |
| Financial Services | 66.46% |
| Industrials | 0.50% |
| Real Estate | 6.13% |
| Utilities | 8.98% |
Geographic allocation
| United States | 94.12% |
| Bermuda | 4.37% |
| Canada | 1.36% |
| United Kingdom | 0.14% |
| Other | 0.01% |
PortView Portfolio Insights
PortView analyzes how PGX fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.
Analyze PGX in PortView →Related securities
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Frequently asked questions
- What does PGX track?
- PGX is the Invesco Preferred ETF, a Other ETF.
- What is the expense ratio of PGX?
- Expense ratio data for PGX is shown on the page when available from our data provider.
- What are the largest holdings in PGX?
- Top holdings include JPM-PC, JPM-PD, WFC-PZ, JPM-PL, JPM-PM.
- How can PortView analyze PGX overlap with other ETFs?
- PortView computes the holdings overlap between PGX and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.
The information provided by PortView is for informational and educational purposes only and does not constitute investment advice. Market data may be delayed. Past performance does not guarantee future results.