PSCT Fees and Costs — Invesco S&P SmallCap Information Technology ETF
Data updated: 2026-07-28
The net expense ratio is 0.29%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $48K in broker commissions, 0.0171% of average net assets, and portfolio turnover was 30%.
PSCT Fees and Expenses
Annual operating expenses and sales charges of PSCT. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.29% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.29% |
| Fee waiver | — |
| Net expense ratio | 0.29% |
| 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 |
PSCT Costs Over Time
On $10,000 invested in PSCT, assuming 5% a year before costs, total costs come to $195 over 5 years, cutting the return by 0.32% 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 0.29%) | $30 | $96 | $167 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $5 | $18 |
| Total costs | $32 | $106 | $195 |
| Value after costs | $10,468 | $11,470 | $12,568 |
| Impact on return, per year | 0.32% | 0.32% | 0.32% |
PSCT 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): 0.0171%
- Total broker commissions: $48K
- Bought from dealers (principal trades, not a cost): $108.0M
- Portfolio turnover (prospectus): 30%
- Securities on loan, average value: $84.5M
- Net income from securities lending: $157K (0.056% of average net assets)
PSCT Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INVESCO CAPITAL MARKETS, INC. | $40K | 84.21% |
| COWEN AND COMPANY | $4K | 7.88% |
| MORGAN STANLEY & CO. LLC | $2K | 3.42% |
| JEFFERIES LLC | $2K | 3.13% |
| CITADEL SECURITIES LLC | $539 | 1.12% |
| RBC CAPITAL MARKETS, LLC | $37 | 0.08% |
| BARCLAYS CAPITAL INC. | $37 | 0.08% |
| LOOP CAPITAL MARKETS LLC | $18 | 0.04% |
| RAYMOND JAMES & ASSOCIATES, INC. | $13 | 0.03% |
| CITIGROUP GLOBAL MARKETS INC. | $9 | 0.02% |
PSCT Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $36.5M | 33.78% |
| CITADEL SECURITIES LLC | $24.7M | 22.86% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INC. | $17.9M | 16.57% |
| BNY MELLON CAPITAL MARKETS, LLC | $12.4M | 11.46% |
| VIRTU AMERICAS LLC | $5.3M | 4.89% |
| GOLDMAN, SACHS & CO. | $3.8M | 3.51% |
| RBC CAPITAL MARKETS, LLC | $2.2M | 2.08% |
| JANE STREET CAPITAL, LLC | $2.1M | 1.96% |
| ABN AMRO CLEARING CHICAGO LLC | $1.7M | 1.61% |
| BNP PARIBAS SECURITIES CORP. | $1.4M | 1.28% |
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.