Invesco US Treasury Bond UCITS ETF Dist
Fund components
Country exposure aggregates the primary country of risk for individual securities.
Top 10 Exposures as of 17 Apr 2024 (%)
| Name | ISIN | Cusip | Coupon rate | Weight |
|---|---|---|---|---|
| US TSY N/B 4.5% 15/11/33 | US91282CJJ18 | 91282CJJ1 | 4.5 | 0.98% |
| US TSY N/B 3.875% 15/08/33 | US91282CHT18 | 91282CHT1 | 3.875 | 0.94% |
| US TSY N/B 2.875% 15/05/32 | US91282CEP23 | 91282CEP2 | 2.875 | 0.87% |
| US TSY N/B 3.5% 15/02/33 | US91282CGM73 | 91282CGM7 | 3.5 | 0.87% |
| US TSY N/B 4.125% 15/11/32 | US91282CFV81 | 91282CFV8 | 4.125 | 0.85% |
| US TSY N/B 3.375% 15/05/33 | US91282CHC82 | 91282CHC8 | 3.375 | 0.85% |
| US TSY N/B 1.625% 15/05/31 | US91282CCB54 | 91282CCB5 | 1.625 | 0.84% |
| US TSY N/B 1.875% 15/02/32 | US91282CDY49 | 91282CDY4 | 1.875 | 0.83% |
| US TSY N/B 1.125% 15/02/31 | US91282CBL46 | 91282CBL4 | 1.125 | 0.81% |
| US TSY N/B 1.25% 15/08/31 | US91282CCS89 | 91282CCS8 | 1.25 | 0.78% |
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 Mar 2024) | 15.37% |
| Securities lending return (31 Mar 2024) | 0.0325% |
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.
Value of Collateral Held
as of 17 Apr 2024 (%)
Top 10 Collateral Exposures as of 17 Apr 2024
| Name | Cusip | ISIN | Weight |
|---|---|---|---|
| UBS GROUP AG SHS | N/A | CH0244767585 | 3.23% |
| HERMES INTERNATIONAL SCA NPV | N/A | FR0000052292 | 3.23% |
| ZURICH INSURANCE GROUP AG CHF 0.1 | N/A | CH0011075394 | 3.23% |
| MICROSOFT CORP COM | 594918104 | US5949181045 | 2.92% |
| ADVANCED MICRO DEVICES INC COM | 007903107 | US0079031078 | 2.88% |
| VINCI SA EUR 2.5 | N/A | FR0000125486 | 2.84% |
| APPLE INC COM | 037833100 | US0378331005 | 2.48% |
| PROGRESSIVE CORP COM | 743315103 | US7433151039 | 2.34% |
| UNION PAC CORP COM | 907818108 | US9078181081 | 2.31% |
| Other | N/A | N/A | 74.54% |
Key information
| Bloomberg ticker | TRES LN |
| ISIN | IE00BF2GFH28 |
| Benchmark BBG ticker | LUATTRUU |
| Management fee | 0.06% |
| NAV (17 Apr 2024) | $35.55 |
| AUM | $998,434,013 |
| Base currency | USD |
| Replication method | Physical |
| Securities lending | Yes |
| Summary Risk Indicator (SRI) | 3 |
| Umbrella AUM (17 Apr 2024) | $14,164,700,899 |
ESG Profile
(Fund 17 Apr 2024)
| ESG Rating (AAA-CCC) | A |
| Quality Score (0-10) | 5.86 |
| Carbon Intensity | N/A |
Source: MSCI ESG Research. For more information on the ESG profile, see the ESG section on this product page. Carbon intensity is the weighted average carbon intensity (Tons CO2e/$million sales).
Key documents
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 U.S. Treasury Total Return Index USD Unhedged 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 UCITS ETF. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to the Invesco US Treasury Bond 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 KID/KIID.