IGPT Fees and Costs — Invesco AI and Next Gen Software ETF
Data updated: 2026-09-28
The net expense ratio is 0.57%: a 0.50% management fee plus 0.07% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $34K in broker commissions, 0.0055% of average net assets, and portfolio turnover was 26%.
IGPT Fees and Expenses
Annual operating expenses and sales charges of IGPT. Prospectus, as of August 27, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | — |
| Other expenses | 0.07% |
| Gross expense ratio | 0.57% |
| Fee waiver | — |
| Net expense ratio | 0.57% |
| 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 | Yes |
IGPT Costs Over Time
On $10,000 invested in IGPT, assuming 5% a year before costs, total costs come to $363 over 5 years, cutting the return by 0.60% 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 0.57%) | $60 | $188 | $327 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $60 | $199 | $363 |
| Value after costs | $10,440 | $11,378 | $12,400 |
| Impact on return, per year | 0.60% | 0.60% | 0.60% |
IGPT Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0055%
- Total broker commissions: $34K
- Bought from dealers (principal trades, not a cost): $167.7M
- Portfolio turnover (prospectus): 26%
- Securities on loan, average value: $25.4M
- Net income from securities lending: $56K (0.009% of average net assets)
IGPT Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INVESCO CAPITAL MARKETS, INC. | $11K | 32.20% |
| UBS SECURITIES LLC | $10K | 28.98% |
| MORGAN STANLEY & CO. LLC | $6K | 17.79% |
| JEFFERIES LLC | $2K | 6.65% |
| WELLS FARGO SECURITIES, LLC | $2K | 5.23% |
| MIZUHO SECURITIES USA LLC | $2K | 4.55% |
| VIRTU AMERICAS LLC | $569 | 1.70% |
| CITIGROUP GLOBAL MARKETS INC. | $371 | 1.11% |
| BARCLAYS CAPITAL INC. | $350 | 1.05% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $251 | 0.75% |
IGPT Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $76.4M | 45.53% |
| BNY MELLON CAPITAL MARKETS, LLC | $72.2M | 43.03% |
| VIRTU AMERICAS LLC | $10.8M | 6.42% |
| MIZUHO SECURITIES USA LLC | $6.1M | 3.62% |
| CITIGROUP GLOBAL MARKETS INC. | $2.4M | 1.41% |
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.