PBD Fees and Costs — Invesco Global Clean Energy 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 $76K in broker commissions, 0.0971% of average net assets, and portfolio turnover was 49%.
PBD Fees and Expenses
Annual operating expenses and sales charges of PBD. 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 |
PBD Costs Over Time
On $10,000 invested in PBD, assuming 5% a year before costs, total costs come to $531 over 5 years, cutting the return by 0.89% 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 | $427 |
| Trading costs (broker commissions) | $10 | $32 | $55 |
| Lost growth on money paid in costs | $0 | $14 | $49 |
| Total costs | $89 | $292 | $531 |
| Value after costs | $10,411 | $11,285 | $12,231 |
| Impact on return, per year | 0.89% | 0.89% | 0.89% |
PBD 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): 0.0971%
- Total broker commissions: $76K
- Bought from dealers (principal trades, not a cost): $23.1M
- Portfolio turnover (prospectus): 49%
- Securities on loan, average value: $19.7M
- Net income from securities lending: $1000K (1.282% of average net assets)
PBD Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INVESCO CAPITAL MARKETS, INC. | $31K | 40.73% |
| MORGAN STANLEY & CO. LLC | $18K | 24.53% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $11K | 14.47% |
| CANACCORD GENUITY WEALTH MANAGEMENT (USA) INC. | $7K | 8.85% |
| BTIG, LLC | $4K | 5.01% |
| CITIGROUP GLOBAL MARKETS INC. | $2K | 3.10% |
| RBC CAPITAL MARKETS, LLC | $1K | 1.46% |
| UBS SECURITIES LLC | $631 | 0.84% |
| WELLS FARGO SECURITIES, LLC | $480 | 0.64% |
| MIZUHO SECURITIES USA LLC | $280 | 0.37% |
PBD Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $18.3M | 79.18% |
| BNY MELLON CAPITAL MARKETS, LLC | $3.4M | 14.59% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $1.4M | 6.23% |
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.