C000201208 Fees and Costs — Invesco Multi-Factor Core Plus Fixed Income ETF
Data updated: 2020-01-29
The net expense ratio is 0.16%. There are no sales loads or redemption fees. Portfolio turnover was 69%.
C000201208 Fees and Expenses
Annual operating expenses and sales charges of C000201208. Prospectus, as of December 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.16% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.16% |
| Fee waiver | — |
| Net expense ratio | 0.16% |
| 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 |
C000201208 Costs Over Time
On $10,000 invested in C000201208, assuming 5% a year before costs, total costs come to $102 over 5 years, cutting the return by 0.17% 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 0.16%) | $17 | $53 | $93 |
| Lost growth on money paid in costs | $0 | $3 | $9 |
| Total costs | $17 | $55 | $102 |
| Value after costs | $10,483 | $11,521 | $12,661 |
| Impact on return, per year | 0.17% | 0.17% | 0.17% |
C000201208 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): $80.6M
- Portfolio turnover (prospectus): 69%
- Securities on loan, average value: $606K
- Net income from securities lending: $3K (0.005% of average net assets)
C000201208 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $14.8M | 23.87% |
| MORGAN STANLEY & CO. LLC | $12.4M | 20.05% |
| JANE STREET EXECUTION SERVICES, LLC | $8.2M | 13.20% |
| GOLDMAN, SACHS & CO. | $6.3M | 10.10% |
| MARKETAXESS CORPORATION | $5.6M | 8.99% |
| WELLS FARGO SECURITIES LLC | $3.7M | 6.01% |
| MILLENNIUM ADVISORS, LLC | $3.5M | 5.56% |
| CITIGROUP GLOBAL MARKETS INC. | $3.0M | 4.88% |
| SUMRIDGE PARTNERS, LLC | $2.4M | 3.90% |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED | $2.1M | 3.43% |
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.