C000126462 Fees and Costs — Invesco LadderRite 0-5 Year Corporate Bond ETF
Data updated: 2020-01-29
The net expense ratio is 0.22%. There are no sales loads or redemption fees. Portfolio turnover was 42%.
C000126462 Fees and Expenses
Annual operating expenses and sales charges of C000126462. Prospectus, as of December 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.22% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.22% |
| Fee waiver | — |
| Net expense ratio | 0.22% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000126462 Costs Over Time
On $10,000 invested in C000126462, assuming 5% a year before costs, total costs come to $140 over 5 years, cutting the return by 0.23% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.22%) | $23 | $73 | $127 |
| Lost growth on money paid in costs | $0 | $4 | $13 |
| Total costs | $23 | $76 | $140 |
| Value after costs | $10,477 | $11,500 | $12,623 |
| Impact on return, per year | 0.23% | 0.23% | 0.23% |
C000126462 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $16.7M
- Portfolio turnover (prospectus): 42%
- Securities on loan, average value: $190K
- Net income from securities lending: $779 (0.007% of average net assets)
C000126462 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $6.7M | 44.08% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $2.9M | 19.17% |
| MORGAN STANLEY & CO. LLC | $1.3M | 8.24% |
| GOLDMAN, SACHS & CO. | $1.1M | 7.03% |
| MILLENNIUM ADVISORS, LLC | $1.0M | 6.59% |
| JANE STREET EXECUTION SERVICES, LLC | $701K | 4.61% |
| WELLS FARGO SECURITIES LLC | $651K | 4.29% |
| CITIGROUP GLOBAL MARKETS INC. | $501K | 3.30% |
| DEUTSCHE BANK SECURITIES INC. | $208K | 1.37% |
| BALANCE SHEET SOLUTIONS LLC | $202K | 1.33% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.