: It generally writes near-term (monthly) call options with an exercise price at or above the prevailing price level of the S&P 500. Invesco S&P 500 BuyWrite ETF (PBP) 0.54% since Apr 21, 2026 As of Apr 27, 7:00 PM CDT • Disclaimer Apr 27, 2026 Mkt cap$118.84M USD 52-wk high23.10 P/E ratio- 52-wk low21.19 Div yield- Key Characteristics & Performance
: The fund is typically optimized for neutral to moderately bullish markets where large price increases are not expected. powershares buywrite portfolio
The (Ticker: PBP ), formerly known under the PowerShares brand, is a passively managed exchange-traded fund designed to provide exposure to the S&P 500 while generating income through a "buy-write" (covered call) strategy. Core Strategy : It generally writes near-term (monthly) call options
: It normally distributes income monthly and capital gains annually. Portfolio Snapshot (As of April 2026) Core Strategy : It normally distributes income monthly
: Approximately 0.29% , which is notably lower than many active derivative income funds.
: Has recently shown a trailing 12-month yield of approximately 10.25% .
: The collected premiums provide a small "cushion" or buffer during market declines, often resulting in lower volatility than a pure S&P 500 investment.