C000201207 Fees and Costs — Invesco Multi-Factor Core Fixed Income ETF
Data updated: 2020-01-29
The net expense ratio is 0.12%. There are no sales loads or redemption fees. Portfolio turnover was 62%.
C000201207 Fees and Expenses
Annual operating expenses and sales charges of C000201207. Prospectus, as of December 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.12% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.12% |
| Fee waiver | — |
| Net expense ratio | 0.12% |
| 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 |
C000201207 Costs Over Time
On $10,000 invested in C000201207, assuming 5% a year before costs, total costs come to $76 over 5 years, cutting the return by 0.13% 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 0.12%) | $13 | $40 | $69 |
| Lost growth on money paid in costs | $0 | $2 | $7 |
| Total costs | $13 | $42 | $76 |
| Value after costs | $10,487 | $11,535 | $12,686 |
| Impact on return, per year | 0.13% | 0.13% | 0.13% |
C000201207 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): $37.6M
- Portfolio turnover (prospectus): 62%
- Securities on loan, average value: $110K
- Net income from securities lending: $252 (0.001% of average net assets)
C000201207 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $11.3M | 34.45% |
| BNY MELLON CAPITAL MARKETS, LLC | $8.2M | 24.81% |
| GOLDMAN, SACHS & CO. | $3.2M | 9.77% |
| CITIGROUP GLOBAL MARKETS INC. | $2.4M | 7.33% |
| WELLS FARGO SECURITIES LLC | $2.1M | 6.26% |
| JANE STREET EXECUTION SERVICES, LLC | $1.7M | 5.10% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $1.6M | 4.75% |
| MARKETAXESS CORPORATION | $961K | 2.92% |
| MILLENNIUM ADVISORS, LLC | $794K | 2.41% |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED | $727K | 2.21% |
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.