PKB aims to offer exposure to firms operating in the construction sector, and has a reasonable track record, though not as strong as the S&P 500. My main concern with PKB is its quant-based equity selection, which results in a high level of concentration, some strange holdings and some absent mega-cap household names. PKB's investment case seems to be also weakened by negligible income, high fees and a high earnings multiple.
Making its debut on 10/26/2005, smart beta exchange traded fund Invesco Building & Construction ETF (PKB) provides investors broad exposure to the Industrials ETFs category of the market.
Launched on 10/26/2005, the Invesco Building & Construction ETF (PKB) is a passively managed exchange traded fund designed to provide a broad exposure to the Industrials - Engineering and Construction segment of the equity market.
![]() PKB In 1 month Estimated | Other | $0.06 Per Share |
![]() PKB 1 month ago Paid | Other | $0.06 Per Share |
![]() PKB 4 months ago Paid | Quarterly | $0.01 Per Share |
![]() PKB 7 months ago Paid | Quarterly | $0.03 Per Share |
![]() PKB 10 months ago Paid | Quarterly | $0.07 Per Share |
![]() PKB 24 Jun 2024 Paid | Quarterly | $0.05 Per Share |
![]() PKB In 1 month Estimated | Other | $0.06 Per Share |
![]() PKB 1 month ago Paid | Other | $0.06 Per Share |
![]() PKB 4 months ago Paid | Quarterly | $0.01 Per Share |
![]() PKB 7 months ago Paid | Quarterly | $0.03 Per Share |
![]() PKB 10 months ago Paid | Quarterly | $0.07 Per Share |
![]() PKB 24 Jun 2024 Paid | Quarterly | $0.05 Per Share |
XBER Exchange | US Country |
The company operates a specialized investment fund that focuses on the U.S. building and construction sector. It aims to align its investments closely with the performance of an underlying intellidex, which is composed exclusively of common stocks from leading U.S. companies involved in construction and related engineering services. This fund is committed to investing at least 90% of its total assets in securities that are part of the said intellidex, ensuring a high level of fidelity to its investment mandate. The sectors covered by the underlying intellidex span across a wide array of construction-related activities, including but not limited to the construction and remodeling of residential properties, commercial, or industrial buildings. Notably, the fund is classified as non-diversified, which implies a concentrated investment strategy focusing on a specific sector or type of securities.
This core service involves the allocation of the fund's resources into stocks of U.S. companies that operate within the building and construction sector. By mirroring the composition of the underlying intellidex, the fund primarily targets companies that are prominent players in the construction industry. These companies may be engaged in a variety of construction-related activities, including the construction, renovation, and remodeling of residential, commercial, or industrial properties.
The fund offers investors a targeted exposure to the construction and engineering sector, encompassing a broad spectrum of services. This includes companies specializing in the provision of construction services, as well as those offering engineering, architectural, and other related services. The focus on this sector leverages the growth potential and opportunities within the U.S. construction industry, providing an investment avenue for those seeking exposure to this market segment.