---
ticker: "PGX"
name: "Invesco Preferred ETF"
url: "https://etf.net/etf/PGX"
grade: "B"
score: 64
graded_at: "2026-10-12"
category: "Preferred Securities"
category_rank: "8 of 31"
methodology: "https://etf.net/methodology"
---

# PGX: Invesco Preferred ETF

Grade **B**, Score 64 of 100. Rank 8 of 31 in Preferred Securities.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 55 | 13 of 31 |
| Mission | 77 | 6 of 26 |
| Risk | 20 | 30 of 31 |
| Tradability | 88 | 2 of 31 |
| Holdings | 80 | 4 of 29 |
| Durability | 90 | 3 of 31 |

## Top holdings

The fund holds 272 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | JPM-PC | JPMorgan Chase & Co 6.00% 12/31/2079 | 1.74% |
| 2 | JPM-PD | JPMorgan Chase & Co 5.75% 12/31/2079 | 1.50% |
| 3 | WFC-PZ | Wells Fargo & Co 4.75% 12/31/2079 | 1.40% |
| 4 | JPM-PM | JPMorgan Chase & Co 4.20% 12/31/2079 | 1.31% |
| 5 | JPM-PL | JPMorgan Chase & Co 4.63% 12/31/2079 | 1.30% |
| 6 | BAC-PB | Bank of America Corp 6.00% 12/31/2079 | 1.24% |
| 7 | T-PC | AT&T Inc 4.75% 12/31/2079 | 1.15% |
| 8 | BAC-PM | Bank of America Corp 5.38% 12/30/2049 | 1.10% |
| 9 | JPM-PK | JPMorgan Chase & Co 4.55% 12/31/2079 | 1.04% |
| 10 | COF-PI | Capital One Financial Corp 5.00% 12/31/2079 | 1.03% |
| 11 | TBB | AT&T Inc 5.35% 11/01/2066 | 1.02% |
| 12 | MER-PK | Bank of America Corp 6.45% 12/15/2066 | 1.01% |
| 13 | MS-PQ | Morgan Stanley 6.63% 12/31/2079 | 0.98% |
| 14 | BAC-PN | Bank of America Corp 5.00% 12/31/2079 | 0.97% |
| 15 | MS-PP | Morgan Stanley 6.50% 12/31/2079 | 0.96% |
| 16 | MS-PI | Morgan Stanley 6.38% 12/31/2079 | 0.93% |
| 17 | DUK-PA | Duke Energy Corp 5.75% 12/31/2079 | 0.91% |
| 18 | MS-PE | Morgan Stanley 7.13% 12/31/2079 | 0.89% |
| 19 | MS-PK | Morgan Stanley 5.85% 12/31/2079 | 0.86% |
| 20 | MS-PF | Morgan Stanley 6.88% 12/31/2079 | 0.85% |
| 21 | ALL-PH | Allstate Corp/The 5.10% 12/31/2079 | 0.84% |
| 22 | T-PA | AT&T Inc 5.00% 12/31/2079 | 0.83% |
| 23 | COF-PJ | Capital One Financial Corp 4.80% 12/31/2079 | 0.83% |
| 24 | BAC-PQ | Bank of America Corp 4.25% 12/31/2079 | 0.82% |
| 25 | ATH-PA | Athene Holding Ltd 6.35% 12/31/2079 | 0.82% |
| 26 | MS-PO | Morgan Stanley 4.25% 12/31/2079 | 0.82% |
| 27 | WFC-PA | Wells Fargo & Co 4.70% 12/31/2079 | 0.81% |
| 28 | — | NextEra Energy Capital Holdings Inc 6.50% 06/01/2085 | 0.80% |
| 29 | WFC-PD | Wells Fargo & Co 4.25% 12/31/2079 | 0.79% |
| 30 | MTB-PJ | M&T Bank Corp 7.50% 12/31/2079 | 0.79% |

Source: etf.net, https://etf.net/etf/PGX. Please cite the page URL.