GSY Fees and Costs — Invesco Ultra Short Duration ETF
Data updated: 2026-09-29
The net expense ratio is 0.22%: a 0.20% management fee plus 0.02% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 41%.
GSY Fees and Expenses
Annual operating expenses and sales charges of GSY. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | — |
| Other expenses | 0.02% |
| Gross expense ratio | 0.22% |
| Fee waiver | — |
| Net expense ratio | 0.22% |
| 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 |
GSY Costs Over Time
On $10,000 invested in GSY, assuming 5% a year before costs, total costs come to $140 over 5 years, cutting the return by 0.23% 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 0.22%) | $23 | $73 | $127 |
| Lost growth on money paid in costs | $0 | $4 | $13 |
| Total costs | $23 | $76 | $140 |
| Value after costs | $10,477 | $11,500 | $12,623 |
| Impact on return, per year | 0.23% | 0.23% | 0.23% |
GSY 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $25.9B
- Portfolio turnover (prospectus): 41%
- Securities on loan, average value: $18.2M
- Net income from securities lending: $74K (0.003% of average net assets)
GSY Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| WELLS FARGO SECURITIES, LLC | $5.9B | 24.86% |
| RBC CAPITAL MARKETS, LLC | $5.9B | 24.78% |
| MORGAN STANLEY & CO. LLC | $5.6B | 23.81% |
| BOFA SECURITIES, INC. | $1.9B | 7.95% |
| GOLDMAN, SACHS & CO. | $1.1B | 4.53% |
| MUFG SECURITIES AMERICAS INC. | $836.9M | 3.53% |
| SANTANDER INVESTMENT SECURITIES INC. | $772.1M | 3.26% |
| CITIGROUP GLOBAL MARKETS INC. | $654.0M | 2.76% |
| R. SEELAUS & CO., LLC | $596.3M | 2.51% |
| TRUIST SECURITIES, INC. | $479.7M | 2.02% |
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.