ATLASInvesco CEF Income Composite ETF (PCEF): outlook, holdings and fees
Invesco CEF Income Composite ETF (PCEF) is an exchange-traded fund and is managed by Invesco. The expense ratio is 3.05% and the yield is 7.65%. The ten largest holdings are 29% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on PCEF
| Last price | $19.27 (+0.6%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 57% |
| Likely 1-month range (50%) | $18.98 – $19.77 |
| Normal 1-day range (±1σ) | ±0.7% |
| Distribution yield | 7.65% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
PCEF fund facts
| Issuer | Invesco |
|---|---|
| Theme | Other strategies |
| Assets under management | $762M |
| Expense ratio | 3.05% |
| Number of holdings | 49 |
| Portfolio turnover | 0% |
| Inception | Feb 19, 2010 |
| Exchange | NYSE |
The fund generally will invest at least 90% of its total assets in the components of the index. It is a "fund of funds," meaning that it invests its assets in the common shares of funds included in the index rather than in individual securities. The index is designed to measure the overall performance of a universe of U.S.-listed closed-end funds that are organized under the laws of the United States and are principally engaged in asset management processes designed to produce taxable annual yield.
PCEF top holdings
| Holding | Sector | Weight |
|---|---|---|
| Eaton Vance Tax-Managed Global Diversified Equity Income Closed Fund EXG | Financial Services | 4.39% |
| Nuveen S&P 500 Dynamic Overwrite Fund SPXX | Financial Services | 3.87% |
| Eaton Vance Tax Managed Diversified Equity Income Closed Fund ETY | Financial Services | 3.34% |
| BlackRock Science and Technology Term Trust BSTZ | Financial Services | 3.05% |
| Nuveen Preferred Income Opportunities Closed Fund JPC | Financial Services | 2.88% |
| BlackRock Enhanced Equity Dividend Trust BDJ | Financial Services | 2.48% |
| BlackRock Corporate High Yield Fund HYT | Financial Services | 2.39% |
| Guggenheim Strategic Opportunities Closed Fund GOF | Financial Services | 2.27% |
| Eaton Vance Tax Managed Buy Write Opportunities Closed Fund ETV | Financial Services | 2.02% |
| PIMCO Corporate & Income Opportunity PTY | Financial Services | 2.14% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
PCEF sector breakdown
| Sector | Weight |
|---|---|
| Financial Services | 34.8% |
| Technology | 26.6% |
| Healthcare | 6.3% |
| Consumer Cyclicals | 6.0% |
| Communication Services | 6.0% |
| Industrials | 6.0% |
| Energy | 4.7% |
| Utilities | 3.2% |
| Basic Materials | 2.8% |
| Consumer Defensive | 2.7% |
| Real Estate | 0.9% |
By region: North America 88.1%, Europe Developed 4.9%, United Kingdom 2.8%, Asia Developed 1.8%, Japan 1.2%.
PCEF returns and risk
| Year to date | +3.5% |
|---|---|
| 1 year | +6.2% |
| 3 years (annualised) | +13.6% |
| 5 years (annualised) | +4.5% |
| 10 years (annualised) | +7.1% |
| Volatility (3 years) | 10.8% |
| Sharpe ratio (3 years) | 0.85 |
Past returns do not guarantee future results.
PCEF: frequently asked questions
What does PCEF invest in?
Invesco CEF Income Composite ETF invests in a portfolio of securities. Its largest holdings are Eaton Vance Tax-Managed Global Diversified Equity Income Closed Fund (4.4%), Nuveen S&P 500 Dynamic Overwrite Fund (3.9%), Eaton Vance Tax Managed Diversified Equity Income Closed Fund (3.3%), BlackRock Science and Technology Term Trust (3.0%), Nuveen Preferred Income Opportunities Closed Fund (2.9%).
What is the PCEF expense ratio?
3.05% a year: about $305.00 for every $10,000 invested.
What is the PCEF dividend yield?
7.65%. ATLAS does not hold the exact distribution dates for ETFs.
Will PCEF go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 57%, with a likely range (50%) of $18.98 to $19.77 from $19.27 today. It is a probability, not a prediction.
How has PCEF performed?
Year to date +3.5%, one year +6.2%, three years +13.6% a year, five years +4.5% a year. Past returns do not guarantee future results.
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Educational information, not investment advice. Disclaimer