PCEF
Invesco CEF Income Composite ETF
Invesco Exchange-Traded Fund Trust II
ETFIndex fundFund of funds
Expense ratio1
2.71%
Net assets2
$817.74M
Holdings2
111
Category
US Equity
2025 return3
12.65%

Investment objective & strategy

As of Dec. 18, 2025 · prospectus

Objective. The Invesco CEF Income Composite ETF (the Fund) seeks to track the investment results (before fees and expenses) of the S-Network Composite Closed-End Fund Index SM (the Underlying Index).

Strategy. The Fund generally will invest at least 90% of its total assets in the components of the Underlying Index. The Fund is a fund of funds, meaning that it invests its assets in the common shares of funds included in the Underlying Index rather than in individual securities (each, an Underlying Fund and collectively, the Underlying Funds). S-Network Global Indexes, Inc. (the Index Provider) compiles, maintains and calculates the Underlying Index, which is designed to measure the overall performance of a universe of U.S.-listed closed-end funds that are organized under the laws of the United States and are principally engaged in asset management processes designed to produce taxable annual yield. Each Underlying Fund must have a stated objective to invest … The Fund generally will invest at least 90% of its total assets in the components of the Underlying Index. The Fund is a fund of funds, meaning that it invests its assets in the common shares of funds included in the Underlying Index rather than in individual securities (each, an Underlying Fund and collectively, the Underlying Funds). S-Network Global Indexes, Inc. (the Index Provider) compiles, maintains and calculates the Underlying Index, which is designed to measure the overall performance of a universe of U.S.-listed closed-end funds that are organized under the laws of the United States and are principally engaged in asset management processes designed to produce taxable annual yield. Each Underlying Fund must have a stated objective to invest in taxable investment grade fixed-income securities, taxable high yield fixed-income securities or taxable options. The Underlying Index may include closed-end funds that are advised by an affiliate of Invesco Capital Management LLC (the Adviser). As of October 31, 2025, the Underlying Index was comprised of 109 constituents. The Fund employs a full replication methodology in seeking to track the Underlying Index, meaning that the Fund generally invests in each Underlying Fund in proportion to their weightings in the Underlying Index. Concentration Policy. The Fund will concentrate its investments (i.e., invest 25% or more of the value of its total assets) in securities of issuers in any one industry or group of industries only to the extent that the Underlying Index reflects a concentration in that industry or group of industries. The Fund will not otherwise concentrate its investments in securities of issuers in any one industry or group of industries.

Allocation by sector

As of February 28, 2026 · N-PORT
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Portfolio moves

Nov 30, 2025 → Feb 28, 2026
Opened
1
Exited
1
Increased
29
Decreased
81
Unchanged
0

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

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Advisers

As of August 31, 2025 · N-CEN
FirmRole
Invesco Capital Management LLC Adviser

Footnotes

  1. Expense ratio as of December 18, 2025, from the fund's prospectus.
  2. Net assets and holdings count as of February 28, 2026, from the fund's N-PORT filing.
  3. Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).

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