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Invesco PXF ETF offers growing international dividends weighted by company fundamentals, not market cap.

Market News
12 Jun 2026
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Bullish
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The Invesco RAFI Developed Markets ex-U.S. ETF (PXF) provides income investors with dividends based on company fundamentals like sales and cash flow rather than market capitalization. Since its 2007 launch, PXF has paid quarterly distributions that tend to be uneven due to European companies' typical dividend schedules, but the overall annual dividend has been rising, reaching $2.38 in 2025. Currency fluctuations, especially a weaker US dollar, have boosted dividend payouts in dollar terms. The fund's total return has been strong, up about 18% year-to-date and 212% over ten years, supported by institutional interest. Investors seeking a value-tilted international income option with some payout variability may find PXF appealing, while those needing steady quarterly income might prefer alternatives like SCHY.

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