GOVI Fees and Costs — Invesco Equal Weight 0-30 Year Treasury ETF
Data updated: 2026-07-28
The net expense ratio is 0.15%. There are no sales loads or redemption fees. Portfolio turnover was 14%.
GOVI Fees and Expenses
Annual operating expenses and sales charges of GOVI. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.15% |
| Fee waiver | — |
| Net expense ratio | 0.15% |
| 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 |
GOVI Costs Over Time
On $10,000 invested in GOVI, assuming 5% a year before costs, total costs come to $95 over 5 years, cutting the return by 0.16% 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 0.15%) | $16 | $50 | $87 |
| Lost growth on money paid in costs | $0 | $2 | $9 |
| Total costs | $16 | $52 | $95 |
| Value after costs | $10,484 | $11,524 | $12,667 |
| Impact on return, per year | 0.16% | 0.16% | 0.16% |
GOVI Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $1.6B
- Portfolio turnover (prospectus): 14%
- Securities on loan, average value: $1.2M
- Net income from securities lending: $44K (0.004% of average net assets)
GOVI Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $473.1M | 30.14% |
| BNY MELLON CAPITAL MARKETS, LLC | $405.4M | 25.83% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $300.1M | 19.12% |
| GOLDMAN, SACHS & CO. | $183.5M | 11.69% |
| JANE STREET CAPITAL, LLC | $124.6M | 7.94% |
| BMO HARRIS FINANCIAL ADVISORS, INC. | $52.6M | 3.35% |
| DEUTSCHE BANK SECURITIES INC. | $11.7M | 0.75% |
| CITADEL SECURITIES LLC | $9.4M | 0.60% |
| WELLS FARGO SECURITIES, LLC | $5.2M | 0.33% |
| BOFA SECURITIES, INC. | $4.0M | 0.25% |
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.