Invesco USD Floating Rate Note UCITS ETF EUR Hedged

ISIN IE00BFZ11324

 | 

WKN A2JGCE

TER
0.12% p.a.
Distribution policy
Distributing
Replication
Sampling
Fund size
1 m
Holdings
28
  • This fund has been liquidated or merged. Consequently, no fund information is updated anymore. For more information about the fund, please contact the fund provider.
 

Overview

Trade this ETF at your broker

Choose your broker
Ad
Broker tip: Trade this ETF for 0.99€ per Order at the Scalable broker or for free in a savings plan. Find out more

Description

The Invesco USD Floating Rate Note UCITS ETF EUR Hedged seeks to track the Bloomberg US Corporate FRN 500MM Liquid Bond (EUR Hedged) index. The Bloomberg US Corporate FRN 500MM Liquid Bond (EUR Hedged) index tracks US-Dollar denominated floating rate investment grade corporate bonds with a volume of at least USD 500 million. In order to be included in the Index, the relevant securities must have been issued within the last 2.5 years and have had an original maturity of 2.5 years. The maximum weighting is 5 percent per issuer. Currency hedged to Euro (EUR).
 
The ETF's TER (total expense ratio) amounts to 0.12% p.a.. The ETF replicates the performance of the underlying index by sampling technique (buying a selection of the most relevant index constituents). The interest income (coupons) in the ETF is distributed to the investors (Quarterly).
 
The Invesco USD Floating Rate Note UCITS ETF EUR Hedged is a very small ETF with 1m Euro assets under management. The ETF was launched on 17 May 2018 and is domiciled in Ireland.
Show more Show less

Chart

Basics

Data

Fund size
EUR 1 m
Total expense ratio
0.12% p.a.
Replication Physical (Sampling)
Legal structure ETF
Strategy risk Long-only
Fund currency EUR
Currency risk Currency hedged
Volatility 1 year (in EUR)
1.35%
Inception/ Listing Date 17 May 2018
Distribution policy Distributing
Distribution frequency Quarterly
Fund domicile Ireland
Fund Provider Invesco
Tax data Bundesanzeiger
Germany Tax transparent
Switzerland ESTV Reporting
Austria Tax Reporting Fund
UK UK Reporting
Indextype Total return index
Swap counterparty -
Collateral manager
Securities lending No
Securities lending counterparty

Similar ETFs

This section provides you with information on other ETFs with a similar investment focus to the Invesco USD Floating Rate Note UCITS ETF EUR Hedged.
Similar ETFs via ETF search
How do you like our new ETF profile? Here you'll find our Questionnaire.

Holdings

Below you find information about the composition of the Invesco USD Floating Rate Note UCITS ETF EUR Hedged.

Top 10 Holdings

Weight of top 10 holdings
out of 28
46.17%
WELLS FARGO BANK NA FRN + 2.258% 2022-05-27
6.72%
AT&T INC FRN + 1.625% 2024-06-12
5.49%
BARCLAYS PLC FRN + 3.072% 2024-05-16
5.47%
GOLDMAN SACHS GROUP INC FRN + 2.494% 2023-02-23
5.41%
MIZUHO FINANCIAL GROUP INC FRN + 0.000% 2023-07-16
5.40%
COMMONWEALTH BANK OF AUSTRALIA FRN + 2.845% 2023-03-16
4.07%
SUMITOMO MITSUI FINANCIAL GROUP INC FRN + 1.976% 2023-10-16
4.07%
DAIMLER FINANCE NORTH AMERICA LLC FRN + 3.543% 2022-02-22
4.06%
CITIGROUP INC 0.000% 2026-07-01
2.76%
WESTPAC BANKING CORP FRN + 0.000% 2023-05-15
2.72%

Countries

United States
57.19%
Japan
12.18%
United Kingdom
8.19%
Australia
6.79%
Other
15.65%
Show more

Sectors

Other
92.03%
As of 04/05/2021

Performance

The performance numbers include distributions/dividends (if there are any). By default, the total performance of the ETF is displayed.

Returns overview

YTD -0.07%
1 month -0.27%
3 months -0.17%
6 months -0.07%
1 year +1.74%
3 years -
5 years -
Since inception (MAX) -
2023 -1.78%
2022 +2.00%
2021 -
2020 -

Monthly returns in a heat map

Dividends

Current dividend yield

Current dividend yield 1.18%
Dividends (last 12 months) EUR 0.22

Historic dividend yields

Period Dividend in EUR Dividend yield in %
1 Year EUR 0.22 1.19%
2021 EUR 0.04 0.20%
2020 EUR 0.30 1.55%
2019 EUR 0.58 2.97%

Dividend yield contribution

Monthly dividends in EUR

Risk

Risk metrics in this section:
 
  • Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
  • Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
  • Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
ETF returns include dividend payments (if applicable).
Show more Show less

Risk overview

Volatility 1 year 1.35%
Volatility 3 years -
Volatility 5 years -
Return per risk 1 year 1.29
Return per risk 3 years -
Return per risk 5 years -
Maximum drawdown 1 year -
Maximum drawdown 3 years -
Maximum drawdown 5 years -
Maximum drawdown since inception -

Rolling 1 year volatility

Stock exchange

Listings

Listing Trade Currency Ticker Bloomberg /
iNAV Bloomberg Code
Reuters RIC /
iNAV Reuters
Market Maker
Stuttgart Stock Exchange EUR UFLE -
-
-
-
-

Further information

Further ETFs with similar investment focus

Fund name Fund Size in m € (AuM) TER
in % p.a.
Distribution policy Replication method
SPDR Bloomberg SASB U.S. Corporate ESG UCITS ETF 6,412 0.15% p.a. Accumulating Sampling
iShares USD Corporate Bond UCITS ETF (Dist) 4,089 0.20% p.a. Distributing Sampling
iShares USD Corporate Bond UCITS ETF (Acc) 3,279 0.20% p.a. Accumulating Sampling
Vanguard USD Corporate Bond UCITS ETF Accumulating 1,718 0.09% p.a. Accumulating Sampling
iShares USD Corporate Bond ESG UCITS ETF EUR Hedged (Dist) 961 0.17% p.a. Distributing Sampling

Frequently asked questions

What is the name of UFLE?

The name of UFLE is Invesco USD Floating Rate Note UCITS ETF EUR Hedged.

What is the ticker of Invesco USD Floating Rate Note UCITS ETF EUR Hedged?

The primary ticker of Invesco USD Floating Rate Note UCITS ETF EUR Hedged is UFLE.

What is the ISIN of Invesco USD Floating Rate Note UCITS ETF EUR Hedged?

The ISIN of Invesco USD Floating Rate Note UCITS ETF EUR Hedged is IE00BFZ11324.

What are the costs of Invesco USD Floating Rate Note UCITS ETF EUR Hedged?

The total expense ratio (TER) of Invesco USD Floating Rate Note UCITS ETF EUR Hedged amounts to 0.12% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.

What's the fund size of Invesco USD Floating Rate Note UCITS ETF EUR Hedged?

The fund size of Invesco USD Floating Rate Note UCITS ETF EUR Hedged is 1m Euro. See the following article for more information about the size of ETFs.

Track your ETF strategies online

— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH.

Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.