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Invesco Zacks Multi-Asset Income ETF
CVY (Invesco Zacks Multi-Asset Income ETF) is an active US Dividend Equity ETF by Invesco. With a 1.21% MER, it provides diversified exposure through 505 holdings. Quarterly distribution with a 3.78% yield.
CVY is actively managed by Invesco's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 1.21% MER reflects the costs of a more specialized management approach. It pays a quarterly distribution with a 3.78% yield, making it attractive for income-seeking investors.
This ETF suits investors who prioritize regular dividend income. It is often held in a TFSA to receive distributions tax-free.