C000197636 Fees and Costs — Invesco S&P High Income Infrastructure ETF
Data updated: 2020-01-29
The net expense ratio is 0.45%. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $22K in broker commissions, 0.0374% of average net assets, and portfolio turnover was 41%.
C000197636 Fees and Expenses
Annual operating expenses and sales charges of C000197636. Prospectus, as of December 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.45% |
| Fee waiver | — |
| Net expense ratio | 0.45% |
| 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 |
C000197636 Costs Over Time
On $10,000 invested in C000197636, assuming 5% a year before costs, total costs come to $308 over 5 years, cutting the return by 0.51% 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 0.45%) | $47 | $148 | $258 |
| Trading costs (broker commissions) | $4 | $12 | $21 |
| Lost growth on money paid in costs | $0 | $8 | $28 |
| Total costs | $51 | $168 | $308 |
| Value after costs | $10,449 | $11,408 | $12,455 |
| Impact on return, per year | 0.51% | 0.51% | 0.51% |
C000197636 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): 0.0374%
- Total broker commissions: $22K
- Bought from dealers (principal trades, not a cost): $24.3M
- Portfolio turnover (prospectus): 41%
- Securities on loan, average value: $4.1M
- Net income from securities lending: $20K (0.034% of average net assets)
C000197636 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CREDIT SUISSE SECURITIES (USA) LLC | $21K | 96.29% |
| INSTINET, LLC | $408 | 1.89% |
| BARCLAYS CAPITAL INC. | $129 | 0.60% |
| MORGAN STANLEY & CO. LLC | $109 | 0.50% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $63 | 0.29% |
| GOLDMAN, SACHS & CO. | $37 | 0.17% |
| CITIGROUP GLOBAL MARKETS INC. | $33 | 0.15% |
| ITG INC. | $22 | 0.10% |
| LIQUIDNET, INC. | $1 | 0.00% |
C000197636 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CREDIT SUISSE SECURITIES (USA) LLC | $13.1M | 53.80% |
| BNY MELLON CAPITAL MARKETS, LLC | $8.6M | 35.42% |
| MORGAN STANLEY & CO. LLC | $2.6M | 10.78% |
| INSTINET, LLC | $6 | 0.00% |
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.