Key stats
About Invesco Oil & Gas Services ETF
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Inception date
Oct 26, 2005
Structure
Open-Ended Fund
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.
PXJ is a unique take on oil & gas services, following a multi-factor selection methodology with a tiered weighting scheme that creates a small-cap tilt. The fund offers a concentrated exposure to 30 US stocks, selected using quant screens based on five factors: price momentum, earnings momentum, quality, management action, and value. Historically, PXJ has heavily underweighted oil & gas transportation services, missing out on large pipeline operators. The indexs 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 ETF's name was Invesco Dynamic Oil & Gas Services 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
Industrial Services
Transportation
Stocks99.58%
Industrial Services70.89%
Transportation23.43%
Producer Manufacturing2.81%
Utilities2.45%
Bonds, Cash & Other0.42%
Mutual fund0.42%
Stock breakdown by region
North America95.09%
Europe4.91%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history