Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN)

• Market cap: $370M
• 1 day: -0.05%
• 5 days: 1.21%
• 1 month: 3.85%
• 3 months: 9.42%
• 6 months: 20.1%
• Year to date: 32%
• 1 year: 20.55%
• 5 years: 37.46%
• 10 years: 58.93%

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

0% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 32

5% less funds holding

Funds holding: 101 [Q1] → 96 (-5) [Q2]

10.06% less ownership

Funds ownership: 67.63% [Q1] → 57.57% (-10.06%) [Q2]

20% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 10

23% less capital invested

Capital invested by funds: $267M [Q1] → $206M (-$61.2M) [Q2]