{
 "ticker": "PBP",
 "name": "Invesco S&P 500 BuyWrite ETF",
 "issuer": "Invesco",
 "desk": "income",
 "url": "https://etfiq.com/funds/pbp",
 "html": "https://etfiq.com/funds/pbp",
 "markdown": "https://etfiq.com/funds/pbp.md",
 "as_of": "2026-09-11",
 "verdict": "Over the year to Sep 11, 2026, PBP paid 11.8% in cash and finished 0.6 points ahead of SPY.",
 "key_facts": [
  {
   "key": "cash_paid_1_year_on_its_starting_price",
   "label": "Cash paid, 1 year, on its starting price",
   "value": "11.8%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "PBP, cash paid, 1 year, on its starting price: 11.8%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+18.1%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "PBP, total return, 1 year: +18.1%, as of Sep 11, 2026."
  },
  {
   "key": "against_spy",
   "label": "Against SPY",
   "value": "+0.6 pts",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "PBP, against SPY: +0.6 pts, as of Sep 11, 2026."
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "11.4%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "PBP, latest payout, annualized: 11.4%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$380m",
   "source": "the issuer daily holdings, added up, as of Sep 10, 2026",
   "as_of": "2026-09-11",
   "sentence": "PBP, net assets: $380m (the issuer daily holdings, added up, as of Sep 10, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.29%",
   "source": "485BPOS XBRL, Aug 27, 2026",
   "as_of": "2026-09-11",
   "sentence": "PBP, expense ratio: 0.29% (485BPOS XBRL, Aug 27, 2026)."
  }
 ],
 "fields": [
  {
   "key": "strategy",
   "label": "Strategy",
   "value": "covered call",
   "source": null
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "S&P 500 (SPY)",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "monthly",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$380m",
   "source": "the issuer daily holdings, added up, as of Sep 10, 2026"
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "11.4%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.29%",
   "source": "485BPOS XBRL, Aug 27, 2026"
  },
  {
   "key": "cash_paid_last_12_months_over_today_s_price",
   "label": "Cash paid, last 12 months, over today\u2019s price",
   "value": "11.3%",
   "source": "ETFIQ"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Jan 4, 2010",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "monthly",
   "source": null
  },
  {
   "key": "typical_gap_between_ex_dates",
   "label": "Typical gap between ex-dates",
   "value": "28 days",
   "source": null
  },
  {
   "key": "typical_wait_from_ex_date_to_payment",
   "label": "Typical wait from ex-date to payment",
   "value": "2 days",
   "source": null
  },
  {
   "key": "last_paid_per_share",
   "label": "Last paid, per share",
   "value": "$0.221 ex Aug 24, 2026",
   "source": null
  },
  {
   "key": "sum_of_the_last_12_distributions",
   "label": "Sum of the last 12 distributions",
   "value": "$2.6315",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Cash paid": "2.8%",
   "Price": "+2.5%",
   "Total return": "+5.3%",
   "SPY": "+3.3%",
   "Ahead or behind": "+2.0 pts"
  },
  {
   "window": "6 months",
   "Cash paid": "5.6%",
   "Price": "+4.6%",
   "Total return": "+10.5%",
   "SPY": "+16.0%",
   "Ahead or behind": "\u22125.5 pts"
  },
  {
   "window": "1 year",
   "Cash paid": "11.8%",
   "Price": "+5.1%",
   "Total return": "+18.1%",
   "SPY": "+17.5%",
   "Ahead or behind": "+0.6 pts"
  },
  {
   "window": "3 years",
   "Cash paid": "31.8%",
   "Price": "+6.0%",
   "Total return": "+44.9%",
   "SPY": "+77.9%",
   "Ahead or behind": "\u221233.0 pts"
  },
  {
   "window": "Since launch",
   "Cash paid": "101.2%",
   "Price": "+7.8%",
   "Total return": "+197.9%",
   "SPY": "+804.4%",
   "Ahead or behind": "\u2212606.5 pts"
  }
 ],
 "questions": [
  {
   "q": "How much has PBP paid over the last year?",
   "a": "Over the year to Sep 11, 2026, PBP paid 11.8% of its starting price in cash distributions, while the price rose 5.1%."
  },
  {
   "q": "Is PBP ahead of SPY?",
   "a": "Over the year to Sep 11, 2026, with every distribution reinvested, PBP returned +18.1% against +17.5% for S&P 500 (SPY), so a holder was ahead of it by 0.6 points."
  },
  {
   "q": "How often does PBP pay, and how much?",
   "a": "PBP pays monthly. The latest distribution annualizes to 11.4% at its price on Sep 11, 2026, which is not a promise; the next one can differ."
  },
  {
   "q": "When does PBP next pay a distribution?",
   "a": "PBP pays monthly. The last distribution went ex on Aug 24, 2026 at $0.221 a share. The next is not declared; on a cadence of about 28 days the ex-date falls near Sep 21, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days."
  },
  {
   "q": "What does PBP cost?",
   "a": "The prospectus expense ratio is 0.29% a year."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}