C000201203 Fees and Costs — Invesco Corporate Income Defensive ETF
Data updated: 2020-01-29
The net expense ratio is 0.23%. There are no sales loads or redemption fees. Portfolio turnover was 78%.
C000201203 Fees and Expenses
Annual operating expenses and sales charges of C000201203. Prospectus, as of December 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.23% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.23% |
| Fee waiver | — |
| Net expense ratio | 0.23% |
| 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 |
C000201203 Costs Over Time
On $10,000 invested in C000201203, assuming 5% a year before costs, total costs come to $146 over 5 years, cutting the return by 0.24% 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 0.23%) | $24 | $76 | $133 |
| Lost growth on money paid in costs | $0 | $4 | $13 |
| Total costs | $24 | $80 | $146 |
| Value after costs | $10,476 | $11,497 | $12,617 |
| Impact on return, per year | 0.24% | 0.24% | 0.24% |
C000201203 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): $23.5M
- Portfolio turnover (prospectus): 78%
- Securities on loan, average value: $392K
- Net income from securities lending: $2K (0.013% of average net assets)
C000201203 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $4.9M | 25.09% |
| JANE STREET EXECUTION SERVICES, LLC | $3.8M | 19.48% |
| MORGAN STANLEY & CO. LLC | $3.5M | 17.65% |
| MILLENNIUM ADVISORS, LLC | $1.9M | 9.49% |
| SUMRIDGE PARTNERS, LLC | $1.6M | 8.16% |
| GOLDMAN, SACHS & CO. | $1.2M | 6.33% |
| WELLS FARGO SECURITIES LLC | $804K | 4.08% |
| CITIGROUP GLOBAL MARKETS INC. | $691K | 3.51% |
| TRADEWEB DIRECT LLC | $652K | 3.31% |
| PERSHING LLC | $573K | 2.91% |
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.