TER
0.12% p.a.
Distribution policy
Distributing
Replication
Physical
Fund size
EUR 8 m
Inception Date
17 May 2018
Holdings
42
Overview
Description
The Invesco Euro Floating Rate Note UCITS ETF Dist seeks to track the Bloomberg Euro Corporate FRN 500MM Liquid Bond index. The Bloomberg Euro Corporate FRN 500MM Liquid Bond index tracks euro denominated floating rate investment grade corporate bonds with a volume of at least EUR 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.
Documents
Basics
Data
| Index | Bloomberg Euro Corporate FRN 500MM Liquid Bond |
| Investment focus | Bonds, EUR, World, Corporate, All maturities |
| Fund size | EUR 8 m |
| Total expense ratio | 0.12% p.a. |
| Replication | Physical (Sampling) |
| Legal structure | ETF |
| Strategy risk | Long-only |
| Sustainability | No |
| Fund currency | EUR |
| Currency risk | Currency unhedged |
| Volatility 1 year (in EUR) | 0.57% |
| Inception/ Listing Date | 17 May 2018 |
| Distribution policy | Distributing |
| Distribution frequency | Quarterly |
| Fund domicile | Ireland |
| Fund Provider | Invesco |
| Fund Structure | Open-ended Investment Company (OEIC) |
| UCITS compliance | Yes |
| Administrator | BNY Mellon Fund Services (Ireland) Designated Activity Company |
| Investment Advisor | Invesco Capital Management LLC |
| Custodian Bank | BNY Mellon Trust Company (Ireland) Limited |
| Revision Company | PricewaterhouseCoopers |
| Fiscal Year End | 31 December |
| Swiss representative | BNP Paribas, Paris, succursale de Zurich |
| Swiss paying agent | BNP Paribas, Paris, succursale de Zurich |
| Germany | Tax transparent |
| Switzerland | ESTV Reporting |
| Austria | Tax Reporting Fund |
| UK | UK Reporting |
| Indextype | Total return index |
| Swap counterparty | - |
| Collateral manager | |
| Securities lending | Yes |
| Securities lending counterparty |
Similar ETFs
This section provides you with information on other ETFs with a similar investment focus to the Invesco Euro Floating Rate Note UCITS ETF Dist.
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Holdings
Below you find information about the composition of the Invesco Euro Floating Rate Note UCITS ETF Dist.
Top 10 Holdings
Weight of top 10 holdings
out of 42
37.06%
| BANK OF AMERICA CORP 0.375% 2024-04-25 | 5.15% |
| GOLDMAN SACHS GROUP INC FRN + 0.159% 2023-04-21 | 4.48% |
| VOLKSWAGEN INTERNATIONAL FINANCE NV FRN + 2024-11-16 | 3.99% |
| BANCO BILBAO VIZCAYA ARGENTARIA S.A. FRN + 0.273% 2023-03-09 | 3.86% |
| BMW FINANCE NV FRN 2022-06-24 | 3.85% |
| NATWEST MARKETS PLC FRN 2021-09-27 | 3.84% |
| CREDIT SUISSE GROUP AG REGS 0.000% 2026-01-16 | 3.53% |
| ANHEUSER BUSCH INBEV NV FRN 0.000% 2024-04-15 | 2.89% |
| NORDEA BANK AB FRN + 0.171% 2022-02-07 | 2.88% |
| ING GROEP NV FRN 2023-09-20 | 2.59% |
Countries
| Netherlands | 19.09% |
| United States | 18.59% |
| France | 13.98% |
| United Kingdom | 12.54% |
| Other | 35.80% |
Sectors
| Other | 96.97% |
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 | +0.19% |
| 1 month | +0.20% |
| 3 months | +0.13% |
| 6 months | +0.31% |
| 1 year | +2.85% |
| 3 years | - |
| 5 years | - |
| Since inception (MAX) | - |
| 2024 | -0.53% |
| 2023 | +2.48% |
| 2022 | - |
| 2021 | - |
Monthly returns in a heat map
Dividends
Current dividend yield
| Current dividend yield | 0.16% |
| Dividends (last 12 months) | EUR 0.03 |
Historic dividend yields
| Period | Dividend in EUR | Dividend yield in % |
|---|---|---|
| 1 Year | EUR 0.03 | 0.16% |
| 2021 | EUR 0.01 | 0.03% |
| 2020 | EUR 0.02 | 0.12% |
| 2019 | EUR 0.01 | 0.07% |
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%.
Risk overview
| Volatility 1 year | 0.57% |
| Volatility 3 years | - |
| Volatility 5 years | - |
| Return per risk 1 year | 5.03 |
| 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 | EFNT | - - | - - | - |
Further information
Further ETFs with similar investment focus
Frequently asked questions
What is the name of EFNT?
The name of EFNT is Invesco Euro Floating Rate Note UCITS ETF Dist.
What is the ticker of Invesco Euro Floating Rate Note UCITS ETF Dist?
The primary ticker of Invesco Euro Floating Rate Note UCITS ETF Dist is EFNT.
What is the ISIN of Invesco Euro Floating Rate Note UCITS ETF Dist?
The ISIN of Invesco Euro Floating Rate Note UCITS ETF Dist is IE00BDRTCP90.
What are the costs of Invesco Euro Floating Rate Note UCITS ETF Dist?
The total expense ratio (TER) of Invesco Euro Floating Rate Note UCITS ETF Dist 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 Euro Floating Rate Note UCITS ETF Dist?
The fund size of Invesco Euro Floating Rate Note UCITS ETF Dist is 8m Euro. See the following article for more information about the size of ETFs.
— 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.
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.
