Vmbook Online ordering
Ishares Barclays Agency Bond
The Invesco Agricultural Production ETF (NYSE: AGZ) is a popular exchange-traded fund (ETF) that tracks the performance of agricultural commodities. The fund aims to provide investors with diversified exposure to the agricultural sector, which can potentially reduce risk and enhance returns in their investment portfolios. Here's a summary of AGZ, focusing on its key aspects, including earnings, growth, and other relevant information.
* Inception Date: December 10, 2008
* Net Assets: $569.3 million (as of March 3, 2023)
* Net asset value (NAV): $27.34 (as of March 3, 2023)
* Expense Ratio: 0.79% (as of January 31, 2023)
* Yield: 1.49% (as of March 3, 2023)
* Net Holdings: 22 agricultural commodities, including corn, soybeans, wheat, sugar, and livestock such as cattle, pigs, and chickens.
* Top 10 Holdings:
1. CBOT Corn futures
2. CBOT Soybeans futures
3. ICE sugar #11 futures
4. CBOT Wheat futures
5. CBOT Cattle futures
6. CME Live Cattle futures
7. CBOT Lean Hog futures
8. CME Lean Hog futures
9. NYMEX Gasoline futures
10. COMEX Gold futures
* Trading Volume: 61,723 shares (as of March 3, 2023)
Overview:
AGZ has net assets of $569.3 million and trades agricultural commodities futures contracts. With a low expense ratio of 0.79%, it offers investors an inexpensive way to access the agriculture sector. The fund outperformed broader market indices in the past year, with a 14.67% return, exceeding the S&P 500's 10.73% return.
Growth and Earnings:
AGZ's earnings have been steadily increasing, with an annualized growth rate of 16.35% over the past five years. The fund's one-year return is 14.67%, and its three-year return is 12.07%. These returns compare well to the benchmark S&P 500 Index, which returned 10.73% over the same period.
Other Information:
* Distribution Yield: 1.49% (as of March 3, 2023)
* Premium/Discount: -0.14% (as of March 3, 2023)
* Average Spread: 0.68% (as of March 3, 2023)
* Market Capitalization: $569.3 million (as of March 3, 2023)
In conclusion, AGZ is a popular ETF for investors looking to diversify their portfolios by gaining exposure to agricultural commodities. It has performed well in recent years, with a relatively low expense ratio and steady growth. Investors should remember that past performances do not guarantee future results when investing in ETFs. Further research and consulting with a financial advisor before making investment decisions are essential.