Invesco S&P Ultra Dividend Revenue ETF (RDIV) — ()

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Should Invesco S&P Ultra Dividend Revenue ETF (RDIV) Be on Your Investing Radar?

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Sentiment: Neutral ()

The Invesco S&P Ultra Dividend Revenue ETF (RDIV) was launched on 10/01/2013, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Value …

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About Invesco S&P Ultra Dividend Revenue ETF RDIV

The Invesco S&P Ultra Dividend Revenue ETF (Fund) is based on the S&P 900 Dividend Revenue-Weighted Index (Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index. The Index is constructed using a rule-based methodology that starts with the S&P 900 Index and (1) excludes the top 5% of securities by dividend yield, (2) excludes the top 5% of securities within each sector by dividend payout ratio, (3) selects the top sixty securities by dividend yield and (4) re-weights those securities according to the revenue earned by the companies, with a maximum 5% per company weighting. The Fund and Index are reconstituted and rebalanced quarterly according to dividend yields and revenue weightings.