From Nasdaq:

The Invesco FTSE RAFI US 1000 ETF (PRF) is a passively managed ETF that provides exposure to the Large Cap Value segment of the US equity market. It was launched on 12/19/2005 and is sponsored by Invesco. It has assets of over $6.52 billion and an annual operating expense of 0.39% and a 12-month trailing dividend yield of 1.84%.

Large cap companies have a market capitalization above $10 billion and tend to be stable with predictable cash flows and less volatility. Value stocks have lower than average P/E and P/B ratios and have historically outperformed growth stocks in nearly all markets. However, in strong bull markets, growth stocks are more likely to be winners.

PRF is heavily allocated to the Financials sector, with holdings in companies such as Berkshire Hathaway Inc, Apple Inc, and Microsoft Corp, collectively making up about 19.26% of total assets under management. It seeks to match the performance of the FTSE RAFI US 1000 Index before fees and expenses.

With a 12-month gain of approximately 17.21% and a beta of 1, the PRF is a medium risk choice in the ETF space. It offers an excellent option for investors seeking exposure to the Style Box – Large Cap Value segment of the market.

Passively managed ETFs like this one are popular due to their low costs, transparency, flexibility, and tax efficiency, making them an ideal vehicle for long term investment. If you want more information about the PRF, Zacks ETF Center is a great place to look for the latest developments in the ETF investing universe.



Read more: Should Invesco FTSE RAFI US 1000 ETF (PRF) Be on Your Investing Radar?