Invesco US Treasury Bond 0-1 Year UCITS ETF Acc

Investment Risks

For complete information on risks, refer to the legal documents. The value of investments, and any income from them, will fluctuate. This may partly be the result of changes in exchange rates. Investors may not get back the full amount invested. The creditworthiness of the debt the Fund is exposed to may weaken and result in fluctuations in the value of the Fund. There is no guarantee the issuers of debt will repay the interest and capital on the redemption date. The risk is higher when the Fund is exposed to high yield debt securities. Changes in interest rates will result in fluctuations in the value of the fund. The Fund may be exposed to the risk of the borrower defaulting on its obligation to return the securities at the end of the loan period and of being unable to sell the collateral provided to it if the borrower defaults. The Fund might be concentrated in a specific region or sector or be exposed to a limited number of positions, which might result in greater fluctuations in the value of the Fund than for a fund that is more diversified.

Fund components

Asset type

as of 6 Oct 2022 (%)

Effective maturity

as of 6 Oct 2022 (%)

Country exposure

as of 6 Oct 2022 (%)

Currency

as of 6 Oct 2022 (%)

Credit rating

as of 6 Oct 2022 (%)

Top 10 Exposures as of 6 Oct 2022 (%)

Name ISIN Cusip Coupon rate Weight
US TSY N/B 0.125% 31/07/23 US91282CCN92 91282CCN9 0.125 3.95%
US TSY N/B 0.25% 30/09/23 US91282CDA62 91282CDA6 0.25 3.87%
US TSY N/B 0.125% 31/12/22 US91282CBD20 91282CBD2 0.125 3.70%
US TSY N/B 0.125% 31/08/23 US91282CCU36 91282CCU3 0.125 3.43%
US TSY N/B 0.125% 28/02/23 US91282CBN02 91282CBN0 0.125 3.33%
US TSY N/B 0.125% 30/06/23 US91282CCK53 91282CCK5 0.125 3.28%
US TSY N/B 1.625% 15/11/22 US912828TY62 912828TY6 1.625 3.16%
US TSY N/B 0.125% 30/04/23 US91282CBX83 91282CBX8 0.125 3.11%
US TSY N/B 0.125% 31/01/23 US91282CBG50 91282CBG5 0.125 3.10%
US TSY N/B 0.125% 30/11/22 US91282CAX92 91282CAX9 0.125 3.05%

Securities lending

 

What is Securities Lending?

Securities Lending is a well-established and tightly regulated practice involving the short-term transfer (loan) of securities. The objective is to enhance the ETF’s overall performance.

When a security is loaned, the borrower (who has been approved by Invesco and the Lending Agent) provides collateral and pays an agreed fee for the duration of the loan. Collateral is an asset that a lender accepts as security for a loan. If the borrower defaults on the loan payments, the lender can seize the collateral and resell it to recoup its losses.

 

How much revenue goes to the ETF?

The ETF will receive 90% of the revenue arising from securities lending, with the remaining 10% deducted by the Lending Agent, Bank of New York Mellon (BNY Mellon), for its fees and to cover direct and indirect operational costs. Invesco will not receive any revenue from the programme.

Risks to consider
Securities lending involves certain risks that an investor should consider, including:

  • The risk of the borrower defaulting on its obligation to return the securities at the end of the loan period, and
  • The risk of the ETF being unable to sell the collateral provided to it if the borrower defaults.

To mitigate these risks, the ETF benefits from a “borrower default indemnity” provided by the Lending Agent, BNY Mellon. The indemnity allows for full replacement of the securities loaned if the collateral does not cover the value of the securities in the event of a borrower default.

To find out more view the Invesco ETFs Securities Lending document in our Documents section.

Securities lending information

Percentage revenue retained by the fund 90%
Maximum amount of fund assets that can be loaned 50%
Maximum amount of any single security that can be loaned 90%
Average amount on loan (31 Aug 2022) 0.48%
Securities lending return (31 Aug 2022) 0.0008%

Average amount on loan is the average percentage of the fund’s assets that were on loan over the previous 12 month period.

Securities lending return is the net securities lending revenue earned over the previous 12 month period, expressed as an annualised percentage return over the fund’s average AUM over the same period.

Assets on Loan

as of 31 Aug 2022 (%)

Collateral Held by Asset Type

as of 7 Jan 2022 (%)

Collateral Held by Country

as of 7 Jan 2022 (%)

Collateral Held by Currency

as of 7 Jan 2022 (%)

Value of Collateral Held

as of 6 Jan 2022 (%)

Top 10 Collateral Exposures as of 7 Jan 2022

Name Cusip ISIN Weight
GOVT OF UNITED KING VAR 22/03/40 EI1164629 GB00B3LZBF68 8.50%
GOVT OF UNITED KING VAR 22/11/65 JV9802283 GB00BD9MZZ71 7.10%
UNITED KINGDOM OF G EI8253110 GB00B6RNH572 6.20%
GOVT OF UNITED KING VAR 22/11/36 JK3154693 GB00BYZW3J87 5.50%
UNITED KINGDOM OF G EG5064811 GB00B1VWPJ53 5.30%
UNITED KINGDOM QJ1581959 GB00BYYMZX75 5.20%
GOVT OF UNITED KING VAR 22/11/37 EG1963974 GB00B1L6W962 5.20%
UNITED KINGDOM EH9987890 GB00B54QLM75 4.70%
GOVT OF UNITED KING VAR 22/03/52 EJ3730565 GB00B73ZYW09 4.50%
Other N/A N/A 48.00%

Key information

Bloomberg ticker TRIA LN
ISIN IE00BKWD3D06
Benchmark BBG ticker LTCPTRUU
Management fee 0.06%
NAV (6 Oct 2022) $41.09
AUM $10,574,844
Base currency USD
Replication method Physical
Securities lending Yes
Risk & Reward Indicator (SRRI) 1
Umbrella AUM (6 Oct 2022) $10,705,601,870

ESG Profile

(Fund 6 Oct 2022)

ESG Rating (AAA-CCC) A
Quality Score (0-10) 5.81
Carbon Intensity N/A

Source: MSCI ESG Research. For more information on the ESG profile, see the ESG section on this product page. Carbon intensity is the weighted average carbon intensity (Tons CO2e/$million sales).

Costs may increase or decrease as result of currency and exchange rate fluctuations. Consult the legal documents for further information on costs. Returns may increase or decrease as a result of currency fluctuations.

The investment concerns the acquisition of units in a fund and not in a given underlying asset.

“Bloomberg®” and the Bloomberg US Treasury Coupons Index are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (“BISL”), the administrator of the index (collectively, “Bloomberg”) and have been licensed for use for certain purposes by Invesco. Bloomberg is not affiliated with Invesco, and Bloomberg does not approve, endorse, review, or recommend the Invesco US Treasury Bond 0-1 Year UCITS ETF. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to the Invesco US Treasury Bond 0-1 Year UCITS ETF.
 
The performance information on this web page refers to past performance. Past performance does not predict future returns.
 
The data shown on this page is not real-time, i.e. it may be delayed due to mandatory requirements of the data provider. As a consequence, the price of the product linked to a specific underlying you are quoted by your broker or intermediary may substantially differ from the price of the product that you would expect on the basis of the data displayed on this site. Invesco accepts no responsibility for loss, however caused, resulting from errors in this data.

ETF performance is in the fund’s base currency, includes dividends, reinvested. ETF performance is Net Asset Value after management fees and other ETF costs but does not consider any commissions or custody fees payable when buying, holding or selling the ETF. The ETF does not charge entry or exit fees. Data: Invesco

 

The risk / reward profile classifies the fund by an indicator representing the levels from the lowest (1) to the highest (7). For more information see the KIID.