ATLASInvesco Preferred ETF (PGX): outlook, holdings and fees
Invesco Preferred ETF (PGX) is an exchange-traded fund and is managed by Invesco. The expense ratio is 0.51% and the yield is 6.56%. The ten largest holdings are 10% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on PGX
| Last price | $9.89 (+0.5%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 60% |
| Likely 1-month range (50%) | $9.78 – $10.10 |
| Normal 1-day range (±1σ) | ±0.5% |
| Distribution yield | 6.56% |
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.
PGX fund facts
| Issuer | Invesco |
|---|---|
| Theme | Other strategies |
| Assets under management | $3.6B |
| Expense ratio | 0.51% |
| Number of holdings | 24 |
| Portfolio turnover | 0% |
| Inception | Jan 31, 2008 |
| Exchange | NYSE |
The fund generally will invest at least 80% of its total assets in the components of the index. Strictly in accordance with its guidelines and mandated procedures, ICE Data Indices, LLC selects securities for the index, which is a market capitalization-weighted index designed to measure the performance of the fixed rate U.S. dollar-denominated preferred securities market issued in the U.S. domestic market.
PGX top holdings
| Holding | Sector | Weight |
|---|---|---|
| Wells Fargo & Company WFC-PZ | Financial Services | 1.42% |
| AT&T Inc T-PC | Communication Services | 1.15% |
| Bank of America Corporation BAC-PM | Financial Services | 1.09% |
| Capital One Financial Corporation COF-PI | Financial Services | 1.07% |
| AT&T Inc. 5.35% GLB NTS 66 TBB | Real Estate | 0.98% |
| Bank of America Corporation BAC-PN | Financial Services | 1.01% |
| Morgan Stanley MS-PI | Financial Services | 0.92% |
| Morgan Stanley MS-PE | Financial Services | 0.92% |
| Morgan Stanley MS-PF | Financial Services | 0.88% |
| The Allstate Corporation ALL-PH | Financial Services | 0.85% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
PGX returns and risk
| Year to date | -6.8% |
|---|---|
| 1 year | -8.0% |
| 3 years (annualised) | +4.5% |
| 5 years (annualised) | -1.9% |
| 10 years (annualised) | +1.5% |
| Volatility (3 years) | 9.5% |
| Sharpe ratio (3 years) | -0.08 |
Past returns do not guarantee future results.
PGX: frequently asked questions
What does PGX invest in?
Invesco Preferred ETF invests in a portfolio of securities. Its largest holdings are Wells Fargo & Company (1.4%), AT&T Inc (1.1%), Bank of America Corporation (1.1%), Capital One Financial Corporation (1.1%), AT&T Inc. 5.35% GLB NTS 66 (1.0%).
What is the PGX expense ratio?
0.51% a year: about $51.00 for every $10,000 invested.
What is the PGX dividend yield?
6.56%. ATLAS does not hold the exact distribution dates for ETFs.
Will PGX go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 60%, with a likely range (50%) of $9.78 to $10.10 from $9.89 today. It is a probability, not a prediction.
How has PGX performed?
Year to date -6.8%, one year -8.0%, three years +4.5% a year, five years -1.9% a year. Past returns do not guarantee future results.
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Educational information, not investment advice. Disclaimer