IDHD Fees and Costs — Invesco S&P International Developed High Dividend Low Volatility ETF
Data updated: 2023-04-03
The net expense ratio is 0.30%. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $10K in broker commissions, 0.0540% of average net assets, and portfolio turnover was 86%.
IDHD Fees and Expenses
Annual operating expenses and sales charges of IDHD. Prospectus, as of October 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.30% |
| Fee waiver | — |
| Net expense ratio | 0.30% |
| 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 |
IDHD Costs Over Time
On $10,000 invested in IDHD, assuming 5% a year before costs, total costs come to $224 over 5 years, cutting the return by 0.37% 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 0.30%) | $32 | $99 | $173 |
| Trading costs (broker commissions) | $6 | $18 | $31 |
| Lost growth on money paid in costs | $0 | $6 | $20 |
| Total costs | $37 | $123 | $224 |
| Value after costs | $10,463 | $11,454 | $12,539 |
| Impact on return, per year | 0.37% | 0.37% | 0.37% |
IDHD Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0540%
- Total broker commissions: $10K
- Bought from dealers (principal trades, not a cost): $19.9M
- Portfolio turnover (prospectus): 86%
- Securities on loan, average value: $1.2M
- Net income from securities lending: $11K (0.058% of average net assets)
IDHD Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $6K | 57.19% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $4K | 39.45% |
| CREDIT SUISSE SECURITIES (USA) LLC | $301 | 2.89% |
| CITIGROUP GLOBAL MARKETS INC. | $24 | 0.23% |
| GOLDMAN, SACHS & CO. | $20 | 0.19% |
| INVESCO CAPITAL MARKETS, INC. | $2 | 0.02% |
| BERENBERG CAPITAL MARKETS LLC | $1 | 0.01% |
| ITG INC. | $1 | 0.01% |
| EXANE, INC. | $1 | 0.01% |
| RBC CAPITAL MARKETS, LLC | $0 | 0.00% |
IDHD Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $7.6M | 38.33% |
| MORGAN STANLEY & CO. LLC | $4.5M | 22.81% |
| BNY MELLON CAPITAL MARKETS, LLC | $4.1M | 20.44% |
| VIRTU AMERICAS LLC | $2.4M | 12.18% |
| UBS SECURITIES LLC | $1.2M | 6.24% |
| CREDIT SUISSE SECURITIES (USA) LLC | $7 | 0.00% |
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.