Key stats
About Invesco Dorsey Wright Industrials Momentum ETF
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Inception date
Oct 12, 2006
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.
PRN changed its tune in February 2014 but continues to provide an alternate take on US industrial firms. The old version of the fund used a multi-factor selection method coupled with a tiered equal-weighting scheme that produced a vastly different portfolio than our neutral benchmark. Currently the fund follows a Dorsey-Wright relative strength index that selects and weights stocks by price momentum. The fund selects the top, at least 30 stocks, with the highest momentum scores in the industrial space. The fund uses a full replication indexing strategy, meaning PRN will generally invest in all of the stocks of the underlying index and in proportion to the weightings. Overall, PRN offers a different, growth-focused take on industrial stocks. Investors should consider all-in costs of holding the fund. The fund is reconstituted and rebalanced quarterly. Prior to August 28, 2023, the ETF's name was Invesco DWA Industrials Momentum 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
Producer Manufacturing
Electronic Technology
Stocks99.81%
Producer Manufacturing32.48%
Electronic Technology29.36%
Distribution Services9.76%
Industrial Services6.92%
Transportation5.10%
Process Industries4.16%
Commercial Services3.76%
Technology Services3.59%
Retail Trade1.89%
Consumer Durables1.40%
Utilities1.38%
Bonds, Cash & Other0.19%
Mutual fund0.19%
Cash−0.00%
Stock breakdown by region
North America95.53%
Europe4.47%
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
PRN invests in stocks. The fund's major sectors are Producer Manufacturing, with 32.48% stocks, and Electronic Technology, with 29.36% of the basket. The assets are mostly located in the North America region.
PRN top holdings are HEICO Corporation and Trane Technologies plc, occupying 4.48% and 4.47% of the portfolio correspondingly.
PRN last dividends amounted to 0.01 USD. The quarter before, the issuer paid 0.25 USD in dividends, which shows a 4.03 K% decrease.
PRN assets under management is 336.68 M USD. It's risen 5.42% over the last month.
PRN fund flows account for 96.16 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, PRN pays dividends to its holders with the dividend yield of 0.36%. The last dividend (Mar 28, 2025) amounted to 0.01 USD. The dividends are paid quarterly.
PRN shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Oct 12, 2006, and its management style is Passive.
PRN expense ratio is 0.60% meaning you'd have to pay 0.60% of your investment to help manage the fund.
PRN follows the Dorsey Wright Industrials Tech Leaders TR. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PRN invests in stocks.
PRN price has risen by 9.78% over the last month, and its yearly performance shows a 9.37% increase. See more dynamics on PRN price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 8.11% over the last month, showed a −0.15% decrease in three-month performance and has increased by 9.91% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 8.11% over the last month, showed a −0.15% decrease in three-month performance and has increased by 9.91% in a year.
PRN trades at a premium (0.00%) meaning the ETF is trading at a higher price than the calculated NAV.