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Security Profile
- Security Type
- Index ETF
- CUSIP
- 46090C305 (prev. 09348R300 )
- Market Cap
- Small Cap · $466 Million
- IPO
- 11/11/2002 · $50.55/share
- Previous Name
- PowerShares BLDRS Emerging Markets 50 ADR Index Fund
Fund Description: Invesco BLDRS Emerging Markets 50 ADR Index Fund, formerly The PowerShares BLDRS (Baskets of Listed Depositary Receipts) Emerging Markets 50 ADR Index Fund is a closed-end exchange-traded fund or Index ETF which is a separate investment portfolio of the Invesco BLDRS Index Funds Trust, formerly BLDRS Index Funds Trust. The Invesco BLDRS Emerging Markets 50 ADR Index Fund investment objective is to provide investment results that correspond generally, before fees and expenses, to the price and yield performance of The Bank of New York's BLDRS Emerging Markets 50 ADR Index. INDEX DESCRIPTION: The BNY Emerging Markets 50 ADR Index includes 50 component Depositary Receipts representing the securities issued by 50 of the most actively traded companies from the international and emerging markets having a free-float market capitalization ranging from approximately $900 million to $20 billion. FUND STRATEGY: The Fund utilizes a low cost "passive" or "indexing" investment approach to attempt to approximate the investment performance of the Bank of New York's BLDRS Emerging Markets 50 ADR Index. FUND MANAGEMENT: Invesco Capital Management LLC serves as the investment adviser to the Fund.
Notes: April 24, 2018 -- Invesco announced it is retiring the PowerShares brand as of June 4, 2018. The ETFs currently trading under the PowerShares name will be rebranded as Invesco Funds at https://www.invesco.com/portal/site/us/investors/home/
Company Contact
- Headquarters
- 3500 Lacey Road, Suite 700, Downers Grove, IL 60515
- Phone
- 630-684-6000 · Toll-Free 800-983-0903
- Investor Relations
- 800-983-0903 · info@invesco.com