PBDM — Invesco PureBeta FTSE Developed ex-North America ETF
Data updated: 2023-06-29
PBDM — Invesco PureBeta FTSE Developed ex-North America ETF. Global (incl. US) Blend / Core Equity · $13.23M AUM. Holdings, fees, performance and SEC filings.
PBDM Fund Overview
PBDM — Invesco PureBeta FTSE Developed ex-North America ETF is a US ETF managed by Invesco Exchange-Traded Fund Trust II, categorised as Global (incl. US) Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Invesco Exchange-Traded Fund Trust II
- Category: Global (incl. US) Blend / Core Equity
- Assets under management: $13.23M
- 1-year return: 8.0%
- Ticker: PBDM
- SEC CIK: 0001378872
- SEC series ID: S000058748
- Share class ID: C000192790
PBDM Investment Objective and Strategy
Invesco PureBeta FTSE Developed ex-North America ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Invesco Exchange-Traded Fund Trust II.
Investment objective
The PowerShares PureBeta SM FTSE Developed ex-North America Portfolio (the “Fund”) seeks to track the investment results (before fees and expenses) of the FTSE Developed ex North America Index (the “Underlying Index”).
Principal investment strategy
The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Underlying Index, as well as American depositary receipts (ADRs) and global depositary receipts (GDRs) that are based on the securities in the Underlying Index. Strictly in accordance with its guidelines and mandated procedures, FTSE International Limited (the Index Provider) compiles, maintains and calculates the Underlying Index, which is designed to measure the performance of the large- and mid-capitalization segments of equity markets of countries around the world that are classified as developed markets within the country classification definition of the Index Provider, excluding the United States and Canada. As of December 31, 2017, the Underlying Index was comprised of 1,450 stocks of companies located in 22 countries that are classified as developed markets by the Index Provider.
The Fund generally invests in all of the securities comprising its Underlying Index in proportion to their weightings in the Underlying Index. The Fund is non-diversified and therefore is not required to meet certain diversification requirements under the Investment Company Act of 1940, as amended (the 1940 Act). For the avoidance of doubt, PureBeta refers to the market-capitalization weighted methodology of the Funds Underlying Index. It does not refer in any way to the purity or absence of errors or flaws of the market-capitalization weighted methodology of the Underlying Index or of the Fund in seeking to track the investment results of the Underlying Index. Concentration Policy. The Fund will concentrate its investments (i.e., invest more than 25% of the value of its net 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.
PBDM Performance
Total returns for PBDM (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 8.0% |
| 3 years (annualised) | 11.4% |
PBDM Risk Information
Risk metrics for PBDM, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 23.8%
PBDM Costs and Fees
PBDM costs about $7 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.07%
- Gross expense ratio: 0.07%
- Portfolio turnover: 6%
- Brokerage commissions: 0.52 bps of average net assets (SEC N-CEN)
PBDM Cashflows
Over the 12 months to 2023-04, Invesco PureBeta FTSE Developed ex-North America ETF had net outflows of $78.46M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-04 | $0 |
| 2023-03 | −$66.34M |
| 2023-02 | $2.14K |
| 2023-01 | −$7.34M |
| 2022-12 | −$2.43M |
| 2022-11 | $0 |
PBDM Debt Constituents
No individual debt constituents are reported in Invesco PureBeta FTSE Developed ex-North America ETF's latest SEC N-PORT filing.
PBDM Prospectus and SEC Filings
Official Invesco PureBeta FTSE Developed ex-North America ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-02-27
- Prospectus (485BPOS) — filed 2022-02-25
- Prospectus (485BPOS) — filed 2021-02-25
- Portfolio holdings (N-PORT) — filed 2023-06-29
- Portfolio holdings (N-PORT) — filed 2023-04-03
- Portfolio holdings (N-PORT) — filed 2022-12-30
- Annual census (N-CEN) — filed 2023-01-11
- Annual census (N-CEN) — filed 2022-01-13
Related Funds
Other Global (incl. US) Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.