PWV ETF — Invesco Dynamic Large Cap Value ETF

Invesco Dynamic Large Cap Value ETF (PWV)

Updated October 16, 2026.

PWV is an ETF. its distribution rate is 1.73%, its trailing-12-month yield is 1.72%, its expense ratio is 0.55%. Dividend Vision Distribution Safety Score™ is 91/100 (Safe). Total return is 752.0% over the past 21.6 years, 83.5 points behind SPY at 835.5%.

Invesco Dynamic Large Cap Value ETF is an ETF that tracks an index of large-capitalization U.S. stocks selected for value characteristics and capital appreciation potential, investing at least 90% of its assets in the underlying index securities. The fund distributes quarterly with a modest current distribution rate and carries an expense ratio of 0.55%. It appeals to income-oriented investors seeking exposure to large-cap value stocks with regular quarterly payouts.

PWV performance versus SPY

Price and return data through 2026-10-16.

Total return is 752.0% over the past 21.6 years, 83.5 points behind SPY at 835.5%. Over the past year its total return — price change plus distributions reinvested — is 27.1%. Its deepest 1-year drawdown was 7.9%.

PWV key facts

Distribution Safety Score™

91 · Safe

Safety-Adjusted Yield

1.57%

Issuer

Invesco

Asset type

ETF

Asset class

Equity

Inception date

03/03/2005

Expense ratio

0.55%

Distribution rate

1.73%

Distribution frequency

Quarterly

Trailing yield

1.72%

Last close

$79.69 (as of 2026-10-16)

AUM

$1,829,900,578

Average volume

87563.0

Dividend

$0.344

Ex-dividend date

09/21/2026

Payment date

09/25/2026

Beta

0.65

How Dividend Vision calculates yield and returns

Distribution rate (1.73%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.72%) 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.

PWV risks and drawbacks

PWV'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. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 7.9%.

Who may consider PWV — and who may not

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

More on PWV

• All tickers starting with P

Tagged: Large Cap.

Frequently asked questions

More securities from Invesco.