Key stats
About Invesco Food & Beverage ETF
Home page
Inception date
Jun 23, 2005
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
PBJ offers a concentrated exposure to 30 US stocks in the food & beverage segment using quant screens based on five factors: price momentum, earnings momentum, quality, management action, and value. The resulting portfolio provides significant industry tilts and a far lower average market cap compared to its benchmark. PBJ defines the segment broadly to include food retailers and restaurants, while severely underweighting beverage stocks, and ignoring tobacco and pet supplies stores entirely. Historically, around half of PBJ's portfolio is in its top ten holdings. The index tier weighting reduces concentrations in mega-caps and evenly weights the group of companies across size. The fund and the index are rebalanced and reconstituted quarterly in February, May, August and November. Prior to August 28, 2023, the fund traded under the name Invesco Dynamic Food & Beverage ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Consumer Non-Durables
Process Industries
Retail Trade
Distribution Services
Stocks99.81%
Consumer Non-Durables33.65%
Process Industries19.59%
Retail Trade18.74%
Distribution Services12.60%
Transportation8.04%
Consumer Services7.19%
Bonds, Cash & Other0.19%
Mutual fund0.19%
Stock breakdown by region
North America94.55%
Europe5.45%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PBJ invests in stocks. The fund's major sectors are Consumer Non-Durables, with 33.65% stocks, and Process Industries, with 19.59% of the basket. The assets are mostly located in the North America region.
PBJ top holdings are DoorDash, Inc. Class A and Kroger Co., occupying 5.46% and 5.39% of the portfolio correspondingly.
PBJ last dividends amounted to 0.28 USD. The quarter before, the issuer paid 0.22 USD in dividends, which shows a 20.31% increase.
PBJ assets under management is 100.86 M USD. It's fallen 2.14% over the last month.
PBJ fund flows account for −17.78 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, PBJ pays dividends to its holders with the dividend yield of 1.41%. The last dividend (Mar 28, 2025) amounted to 0.22 USD. The dividends are paid quarterly.
PBJ shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Jun 23, 2005, and its management style is Passive.
PBJ expense ratio is 0.62% meaning you'd have to pay 0.62% of your investment to help manage the fund.
PBJ follows the Dynamic Food & Beverage Intellidex Index (AMEX). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PBJ invests in stocks.
PBJ price has fallen by −2.21% over the last month, and its yearly performance shows a 3.43% increase. See more dynamics on PBJ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −2.21% over the last month, have fallen by −2.21% over the last month, showed a 5.65% increase in three-month performance and has increased by 4.83% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −2.21% over the last month, have fallen by −2.21% over the last month, showed a 5.65% increase in three-month performance and has increased by 4.83% in a year.
PBJ trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.