Fund components

Sector exposure

as of 29 Jul 2021 (%)

Country exposure

as of 29 Jul 2021 (%)

Top 10 Exposures as of 29 Jul 2021 (%)

Name ISIN Weight
APPLE INC USD0.00001 US0378331005 2.36%
MICROSOFT CORP USD0.00000625 US5949181045 1.82%
JPMORGAN CHASE & CO USD1 US46625H1005 1.78%
BERKSHIRE HATHAWAY INC-CL B USD0.0033 US0846707026 1.76%
EXXON MOBIL CORP NPV US30231G1022 1.70%
WELLS FARGO & CO USD1.666 US9497461015 1.59%
AT&T INC USD1 US00206R1023 1.56%
BANK OF AMERICA CORP USD0.01 US0605051046 1.31%
VERIZON COMMUNICATIONS INC USD0.1 US92343V1044 1.22%
CHEVRON CORP USD0.75 US1667641005 1.14%

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 15%
Maximum amount of any single security that can be loaned 90%

Assets on Loan

as of 29 Jul 2021 (%)

Collateral Held by Asset Type

as of 29 Jul 2021 (%)

Collateral Held by Country

as of 29 Jul 2021 (%)

Collateral Held by Currency

as of 29 Jul 2021 (%)

Value of Collateral Held

as of 29 Jul 2021 (%)

Top 10 Collateral Exposures as of 29 Jul 2021

Name Cusip ISIN Weight
VISA INC USD 0.0001 92826C839 US92826C8394 4.70%
MAXIM INTEGRATED PRODS IN USD 0.001 57772K101 US57772K1016 4.70%
WALMART INC 931142103 US9311421039 4.70%
AMAZON COM INC USD 0.01 023135106 US0231351067 4.70%
COCA COLA CO USD 0.25 191216100 US1912161007 4.00%
BASF SE NPV N/A DE000BASF111 3.90%
UNITED STATES TREASURY BOND 912810QK7 US912810QK79 3.40%
DANAHER CORP USD 0.01 235851102 US2358511028 3.10%
XILINX INC USD 0.01 983919101 US9839191015 3.10%
Other N/A N/A 63.00%

Key information

Bloomberg ticker PRUS LN
ISIN IE00B23D8S39
Benchmark BBG ticker TFR10NU
Management fee 0.39%
NAV (30 Jul 2021) $26.65
AUM $270,482,505
Base currency USD
Securities lending Yes
Umbrella AUM (30 Jul 2021) $7,084,021,082

ESG Profile

(Fund 29 Jul 2021)

ESG Rating (AAA-CCC) A
Quality Score (0-10) 5.92
Carbon Intensity 216.98

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

Shares of companies are generally considered high risk investments and may result in fluctuations in the value of the Fund due to external factors.

Although the Investment Manager will continually monitor the return of the Fund in comparison to the performance of the relevant Index, there can be no
guarantee that the Fund will match the performance of the Index.

If the Fund is unable to hold the securities in the exact proportion required this will affect its ability to track the Index.

As the shares of the Fund are listed on one or more stock exchange(s) there may be insufficient demand to buy or sell the shares which may cause the price
to be different than the actual value of the net asset value of the Fund.

Return on your investment may be adversely affected by variations in exchange rates.

 

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.