Invesco US Treasury Bond 1-3 Year UCITS ETF Dist

Fund components

Asset type

as of 22 Jul 2021 (%)

Effective maturity

as of 22 Jul 2021 (%)

Country exposure

as of 22 Jul 2021 (%)


as of 22 Jul 2021 (%)

Credit rating

as of 22 Jul 2021 (%)

Top 10 Exposures as of 22 Jul 2021 (%)

Name ISIN Cusip Coupon rate Weight
US TSY N/B 2.5% 15/05/24 US912828WJ58 912828WJ5 2.5 2.21%
US TSY N/B 2% 30/11/22 US912828M805 912828M80 2 2.15%
US TSY N/B 0.125% 30/06/23 US91282CCK53 91282CCK5 0.125 2.11%
US TSY N/B 0.125% 31/01/23 US91282CBG50 91282CBG5 0.125 2.08%
US TSY N/B 0.375% 15/04/24 US91282CBV28 91282CBV2 0.375 2.06%
US TSY N/B 0.25% 15/06/24 US91282CCG42 91282CCG4 0.25 2.05%
US TSY N/B 0.125% 31/12/22 US91282CBD20 91282CBD2 0.125 1.97%
US TSY N/B 0.125% 15/01/24 US91282CBE03 91282CBE0 0.125 1.69%
US TSY N/B 0.125% 31/05/23 US91282CCD11 91282CCD1 0.125 1.68%
US TSY N/B 0.125% 30/04/23 US91282CBX83 91282CBX8 0.125 1.66%

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 (30 Jun 2021) 14.03%
Securities lending return (30 Jun 2021) 0.03%

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 30 Jun 2021 (%)

Collateral Held by Asset Type

as of 22 Jul 2021 (%)

Collateral Held by Country

as of 22 Jul 2021 (%)

Collateral Held by Currency

as of 22 Jul 2021 (%)

Value of Collateral Held

as of 22 Jul 2021 (%)

Top 10 Collateral Exposures as of 22 Jul 2021

Name Cusip ISIN Weight
BERKSHIRE HATHAWAY INC SH B 0.0033 084670702 US0846707026 6.40%
JPMORGAN CHASE + CO USD 1.0 46625H100 US46625H1005 3.80%
RIO TINTO PLC ORD GBP 0.10 N/A GB0007188757 3.50%
AIRBUS SE N/A NL0000235190 3.40%
GOLDMAN SACHS GROUP INC USD 0.01 38141G104 US38141G1040 3.40%
ASML HOLDING NV EUR 0.09 N/A NL0010273215 3.30%
BP ORD USD0.25 N/A GB0007980591 3.00%
WALMART INC 931142103 US9311421039 2.70%
Other N/A N/A 66.00%

Key information

Bloomberg ticker TRE3 LN
Benchmark BBG ticker LT01TRUU
Management fee 0.06%
NAV (22 Jul 2021) $41.32
AUM $56,265,653
Base currency USD
Securities lending Yes
Umbrella AUM (22 Jul 2021) $7,270,727,423

ESG Profile

(Fund 22 Jul 2021)

ESG Rating (AAA-CCC) A
Quality Score (0-10) 6.10
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).

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 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 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 Index suspension, a decision by one of the relevant stock exchanges, a breach by the market maker or respective stock exchange requirements and guidelines.
Investment in debt securities: Debt securities are exposed to credit risk which is the ability of the borrower to repay the interest and capital on the redemption date.
Interest rate risk: Changes in interest rates will result in fluctuations in the value of the Fund.

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. 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