C000257059 Fees and Costs — Invesco SteelPath MLP & Energy Infrastructure ETF
Data updated: 2026-09-28
The net expense ratio is 0.75%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $3K in broker commissions, 0.0103% of average net assets, and portfolio turnover was 2%.
C000257059 Fees and Expenses
Annual operating expenses and sales charges of C000257059. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.75% |
| Fee waiver | — |
| Net expense ratio | 0.75% |
| 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 |
C000257059 Costs Over Time
On $10,000 invested in C000257059, assuming 5% a year before costs, total costs come to $478 over 5 years, cutting the return by 0.80% 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 0.75%) | $79 | $246 | $428 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $12 | $44 |
| Total costs | $80 | $262 | $478 |
| Value after costs | $10,420 | $11,314 | $12,285 |
| Impact on return, per year | 0.80% | 0.80% | 0.80% |
C000257059 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0103%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $58.4M
- Portfolio turnover (prospectus): 2%
- Securities on loan, average value: $1.1M
- Net income from securities lending: $12K (0.040% of average net assets)
C000257059 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC CAPITAL MARKETS, LLC | $3K | 98.68% |
| MORGAN STANLEY & CO. LLC | $35 | 1.13% |
| WELLS FARGO SECURITIES, LLC | $2 | 0.06% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $2 | 0.06% |
| EVERCORE GROUP L.L.C. | $1 | 0.04% |
| UBS SECURITIES LLC | $1 | 0.03% |
C000257059 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $19.5M | 33.38% |
| JANE STREET CAPITAL, LLC | $15.4M | 26.39% |
| BNY MELLON CAPITAL MARKETS, LLC | $11.3M | 19.40% |
| MIZUHO SECURITIES USA LLC | $8.3M | 14.14% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $3.9M | 6.69% |
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.