PJP ETF — Invesco Dynamic Pharmaceuticals ETF

Invesco Dynamic Pharmaceuticals ETF (PJP)

Updated October 16, 2026.

PJP is an ETF. its distribution rate is 0.97%, its trailing-12-month yield is 0.91%, its expense ratio is 0.58%. Dividend Vision Distribution Safety Score™ is 94/100 (Safe). Total return is 977.9% over the past 21.3 years, 139.3 points ahead of SPY at 838.6%.

Invesco Dynamic Pharmaceuticals ETF tracks an index of 30 U.S. pharmaceutical companies engaged in the research, development, manufacture, and sale of drugs and pharmaceuticals, with at least 90% of assets invested in the underlying index holdings. The fund carries a modest distribution rate with quarterly distributions and a low expense ratio. It appeals to income and growth investors seeking exposure to the pharmaceutical sector.

PJP performance versus SPY

Price and return data through 2026-10-16.

Total return is 977.9% over the past 21.3 years, 139.3 points ahead of SPY at 838.6%. Over the past year its total return — price change plus distributions reinvested — is 34.6%. Its deepest 1-year drawdown was 9.4%.

PJP key facts

Distribution Safety Score™

94 · Safe

Safety-Adjusted Yield

0.91%

Issuer

Invesco

Asset type

ETF

Asset class

Equity

Inception date

06/23/2005

Expense ratio

0.58%

Distribution rate

0.97%

Distribution frequency

Quarterly

Trailing yield

0.91%

Last close

$124.46 (as of 2026-10-16)

AUM

$543,903,294

Average volume

27467.0

Dividend

$0.301

Ex-dividend date

09/21/2026

Payment date

09/25/2026

Beta

0.42

How Dividend Vision calculates yield and returns

Distribution rate (0.97%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.91%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Invesco; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

PJP risks and drawbacks

PJP's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 9.4%.

Who may consider PJP — and who may not

PJP may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (PJP pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on PJP

• All tickers starting with P

Tagged: Healthcare, Pharmaceutical.

Frequently asked questions

More securities from Invesco.