ETF · Invesco
PRAC Invesco Preferred Shares UCITS ETF
ISIN IE00BG482169London Stock Exchange: PRACInvesco Ltd.
- Corporate & other bonds
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE$43.71
on
- Ongoing charge
- 0.50% a year
- Fund size
- £38.6m
Source: TradingView, as of , at least 15 min delayed
At a glance
As of 30/09/2026, PRAC (Invesco Preferred Shares UCITS ETF, ISIN IE00BG482169) closed at $43.71 on the London Stock Exchange. Its ongoing charge is 0.50% a year (about £50 on £10,000). Over the five years to 30/09/2026 its total return was −11.7%, or −31.0% after UK CPIH inflation.
Past returns
- 1 year to 30/09/2026
- −7.5%
- −10.4% after inflation (UK CPIH)
- 3 years to 30/09/2026
- −0.7%
- −10.4% after inflation (UK CPIH)
- 5 years to 30/09/2026
- −11.7%
- −31.0% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £883 on 30/09/2026 — about £690 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of Invesco Preferred Shares UCITS ETF in pounds (price, with income reinvested in the fund): 2022 −12.0%, 2023 +3.5%, 2024 +5.2%, 2025 −4.2%; 2026 to 30/09/2026 −4.6%. Returns of Invesco Preferred Shares UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −8.6%; to 30/09/2025: −1.0%; to 30/09/2024: +9.7%; to 30/09/2023: −12.5%; to 30/09/2022: +2.4%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −4.6% | −7.3% | |
| −4.2% | −7.5% | ||
| +5.2% | +1.6% | ||
| +3.5% | −0.6% | ||
| −12.0% | −19.5% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −8.6% | Not available |
| from | −1.0% | −4.9% |
| from | +9.7% | +6.9% |
| from | −12.5% | −17.8% |
| from | +2.4% | −5.9% |
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , inflation: ONS CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
11.7%over 5 years
| 1 year | 10.0% |
|---|---|
| 3 years | 10.0% |
| 5 years | 11.7% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since October 2021
- −18.0%
- From to
- Lowest 12-month return
- −15.6%
- 12 months to
- Highest 12-month return
- +19.6%
- 12 months to
- Below its highest weekly close since October 2021
- 13.5%
- High of , latest
In words: Volatility of Invesco Preferred Shares UCITS ETF in pounds, annualised from weekly returns to 30/09/2026: 10.0% over 1 year, 10.0% over 3 years, 11.7% over 5 years. Largest fall in the price of Invesco Preferred Shares UCITS ETF since October 2021, in pounds: −18.0% from 05/08/2022 to 20/10/2023. The lowest 12-month return of Invesco Preferred Shares UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −15.6% (12 months to 18/08/2023); the highest was +19.6% (12 months to 18/10/2024). On 30/09/2026 the price of Invesco Preferred Shares UCITS ETF was 13.5% below its highest weekly close since October 2021 (05/08/2022), in pounds.
Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.50%
- a year
- On £10,000
- £50
- a year, roughly
- Over five years
- £248
- of £10,000, before growth
- 317 charge less
- 16 the same
- 50 charge more
Ongoing charge of Invesco Preferred Shares UCITS ETF 0.50% a year, as of 01/10/2026: 50 of the 383 other corporate and other bond funds charge more, 16 the same and 317 less (share classes counted once).
Source: Fund ongoing charges via TradingView, as of
A lower charge is not a promise of a higher return: what the fund holds matters more. Charges are the fund’s own published ongoing charges figure.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Invesco Preferred Shares UCITS ETF is an exchange-traded fund (ETF) from Invesco, launched in 2018.
It tracks the ICE BofA Diversified Core Plus Fixed Rate Preferred Securities Index.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.5% a year — about £50 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
Corporate & other bonds: Loans to companies and other borrowers, which usually pay more interest than government bonds in exchange for more risk.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- PRAC
- ISIN
- IE00BG482169
- Provider
- Invesco
- Tracks
- ICE BofA Diversified Core Plus Fixed Rate Preferred Securities Index
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.50% a year · about £50 on £10,000
- Fund size
- £38.6m
- Launched
- Domicile
- Ireland
- Can be held in
- ISA and SIPP
- Currency hedged
- No
- Price currency
- USD
- Category
- Corporate & other bonds
Price chart
Since 29/07/2026, the closing price went from $45.98 on 29/07/2026 to $43.71 on 30/09/2026 (−4.9%). The lowest close shown was $43.71 on 30/09/2026 and the highest $45.98 on 06/08/2026.
Chart: closing prices we have recorded since 29/07/2026.
Source: TradingView, as of , at least 15 min delayed
Five years of prices, and after inflation
9 weekly closes, from 29/07/2026 to 30/09/2026. The same history in September 2026 pounds, adjusted with ONS CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | JPMORGAN CHASE & CO USD 25.0000 PFD | 7.63% |
| 2 | Morgan StanleyMS | 6.89% |
| 3 | Bank of AmericaBAC | 6.14% |
| 4 | WELLS FARGO & COMPANY USD 25.0000 PFD | 4.30% |
| 5 | Public StoragePSA | 3.18% |
| 6 | AT&T INC USD 25.0000 PFD | 3.10% |
| 7 | Capital One FinancialCOF | 2.60% |
| 8 | Athene Holding Ltd USD 25.0000 Pfd | 2.51% |
| 9 | Southern Co USD 25.0000 Pfd | 2.07% |
| 10 | NextEra EnergyNEE | 1.91% |
Source: Invesco, holdings as published, as of , company pages by TradingView
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed.
By sector
- financial Institutions77.7%
- utility12.4%
- industrial9.4%
By country
- United States95.6%
- Bermuda2.0%
- Canada1.7%
- Puerto Rico0.1%
By type of asset
- Equity99.5%
- Cash and money market0.5%
139 holdings are listed for this fund. All 139 holdings of PRAC, with the full split by sector, country and type of asset.
All holdings
The fund publishes 139 holdings; the ten largest make up 40.3% of it.
Create a free account to see the full holdings list
Sign-up takes an email address. There is no card to enter and nothing to pay.
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Funds tracking the same index
2 funds track ICE BofA Diversified Core Plus Fixed Rate Preferred Securities Index, this one included and share classes counted once; their ongoing charges range from 0.50% to 0.50% a year (30/09/2026).
| Fund | 1 year | 5 years |
|---|---|---|
| Invesco Preferred Shares UCITS ETFDistributing · 0.50% a year | −7.3% | −10.8% |
| Invesco Preferred Shares UCITS ETFThis fundAccumulating · 0.50% a year | −7.5% | −11.7% |
Source: TradingView reported returns and fund ongoing charges, as of
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 247 rolling 12-month returns since January 2021, and of 143 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 2 largest falls since October 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core UK Gilts UCITS ETF, over the three years to 30/09/2026 (144 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of PRAC?
The ongoing charge of PRAC is 0.50% a year — about £50 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Invesco Preferred Shares UCITS ETF 0.50% a year, as of 01/10/2026: 50 of the 383 other corporate and other bond funds charge more, 16 the same and 317 less (share classes counted once).
What does PRAC track?
PRAC tracks the ICE BofA Diversified Core Plus Fixed Rate Preferred Securities Index.
Is PRAC accumulating or distributing?
PRAC is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
What is the ISIN of PRAC?
The ISIN of PRAC is IE00BG482169. An ISIN identifies one exact share class of a fund; PRAC is its ticker on the London Stock Exchange.
What were PRAC’s returns in each of the last five years?
Calendar-year returns of PRAC in pounds (price, with income reinvested in the fund): 2022 −12.0%, 2023 +3.5%, 2024 +5.2%, 2025 −4.2%; 2026 to 30/09/2026 −4.6%. Past performance is not a guide to future returns.
How has PRAC done after inflation?
Over the five years to 30/09/2026 PRAC’s total return was −11.7%, or −31.0% after UK CPIH inflation. Past performance is not a guide to future returns.
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Sources and dates
- Prices
- London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
- Returns
- TradingView reported returns (net asset value with income reinvested where available)
- Calendar years, risk
- Fundology, from recorded closes (weekly history from the data vendor where our record is short)
- Inflation
- ONS CPIH, latest month used August 2026
- Charges
- The fund’s ongoing charges figure, via TradingView
- Holdings
- Invesco, as published,
- Identity
- FCA Financial Instruments Reference Data System (FIRDS) and the issuer
- Fund size
- TradingView, converted to pounds at the latest ECB reference rate
Methodology:Data sourcesReturnsCategoriesAll methods
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