Product description

The Invesco USD Floating Rate Note UCITS ETF aims to achieve the performance of the Bloomberg Barclays US Corporate FRN 500 MM Liquid Bond Index (the “Reference Index”). In order to achieve the investment objective, the Fund will employ sampling techniques to select securities from the Reference Index that use factors such as the index weighted average duration, industry sectors and credit quality.

 

Security Information

General information
Base currency USD
Dividend treatment Quarterly
Minimum investment 1 share
Launch date 17 May 2018
Shares outstanding 245,200
Exchanges London Stock Exchange
London Stock Exchange
Six Swiss Exchange
Borsa Italiana
Further information
ISA Eligible
SIPP Eligible
UCITS Yes
UK reporting status Yes
Passported to Austria, Denmark, Netherlands, Sweden, Norway, Spain, France, Italy, Ireland, Finland, Germany, Luxembourg, Switzerland (institutional only), United Kingdom
Structure
Legal form UCITS
Open ended fund
Replication method Physical
Domicile Ireland
Financial year end 31 December
Tax information for German investors
Equity ratio 0.0000
Key service providers
Issuer Invesco Markets II Plc
Manager Invesco Investment Management Ltd
Investment manager Invesco Capital Management LLC
Fund administrator BNY Mellon Fund Services (Ireland) Designated Activity Company
Depositary BNY Mellon Trust Company (Ireland) Limited
Trustee BNY Mellon Trust Company (Ireland) Limited
Auditor PricewaterhouseCoopers
Yield information
Use of income Distributed
Fund statistics NAV ( 18 Apr 2019 )
Number of holdings 52
Recent distributions
Announcement date 7 Mar 2019
Ex-date 14 Mar 2019
Record date 15 Mar 2019
Payment date 21 Mar 2019
Distribution per shares 0.1520
Currency USD
Download all distributions

Key information

Bloomberg ticker UFLT LN
ISIN IE00BDRTCQ08
Benchmark BBG ticker I33629US
Management fee 0.10%
NAV (17 Apr 2019) $20.05
AUM $7,312,023
Base currency USD

Key risks

Capital is not guaranteed:  The value of investments, and income from them, can go down as well as up and you may not get back the full amount you invested.

Index tracking:  The Fund will not replicate the performance of its Reference Index perfectly, this is because the Fund will incur drags on performance such as expenses and transactions costs, which the Reference Index is not subject to. If the Fund is unable to hold the securities in the exact proportion required this will affect its ability to track the Reference Index.

Liquidity on secondary market risk:  Lower liquidity means there are insufficient buyers or sellers to allow the Fund to sell or buy investments readily. On-exchange liquidity may be limited due to Reference Index suspension, a decision by one of the relevant stock exchanges, a breach by the market maker or respective stock exchange requirements and guidelines.

Value of securities:  The value of securities can be affected by daily stock market movements. Other influential factors include political, economic news, company earnings and significant corporate events.

 

The performance information on this web page refers to past performance. Past performance is not a reliable indicator of 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. Source UK Services Limited 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.