Product Details
The Invesco CurrencyShares® British Pound Sterling Trust (the "trust") is designed to track the price of the British pound sterling, and trades under the ticker symbol FXB. The British pound sterling is the official currency of the United Kingdom (England, Wales, Scotland and Northern Ireland) and has been the currency of the accounts of the Bank of England since 1694.
Performance
| Index History (%) | YTD | 1Yr | 3Yr | 5Yr | 10Yr | Since Inception |
|---|---|---|---|---|---|---|
| WM/Reuters British Pound Closing Spot Rate | 0.88 | 5.39 | -2.09 | -1.03 | -2.77 | N/A |
| Fund History (%) | ||||||
| Fund NAV | 3.18 | 8.10 | -1.42 | -0.68 | -2.76 | -1.85 |
| Fund Market Price | 2.88 | 8.63 | -1.42 | -0.65 | -2.72 | -1.84 |
| Index History (%) | YTD | 1Yr | 3Yr | 5Yr | 10Yr | Since Inception |
|---|---|---|---|---|---|---|
| WM/Reuters British Pound Closing Spot Rate | 1.47 | 9.34 | -1.90 | -1.31 | -2.79 | N/A |
| Fund History (%) | ||||||
| Fund NAV | 3.50 | 11.91 | -1.32 | -1.03 | -2.81 | -1.84 |
| Fund Market Price | 3.01 | 11.93 | -1.28 | -1.02 | -2.81 | -1.84 |
Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects applicable fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV. Returns less than one year are cumulative.
The net asset value (NAV) and market close performance may differ. A major reason for the difference is that timing discrepancies can exist between the NAV, which is calculated using the WM/Reuters closing spot rate, and market close, which is calculated using closing price (last trade).
As the result of a reorganization on April 6, 2018, the returns presented reflect performance of the Guggenheim predecessor fund. Invesco is not affiliated with Guggenheim.
Growth of $10,000
Data beginning 10 years prior to the ending date of 09/30/2023. Fund performance shown at NAV.
WM/Reuters British Pound Closing Spot Rate* performance prior to 11/13/2008 reflects the noon buying rate as determined by the Federal Reserve Bank of New York. From 11/13/2008, forward, the performance reflects that of the WM/Reuters British Pound Closing Spot Rate AND IS NOT INTENDED FOR ANY THIRD PARTY USE.
An investor cannot invest directly in an index.
An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.
Distributions | Hide View All | Distribution Information
| Ex-Date | Record Date | Pay Date | $/ Share |
Ordinary Income | Short Term Gains | Long Term Gains | Return of Capital | Liquidation Distribution |
|---|---|---|---|---|---|---|---|---|
| 12/01/2023 | 12/04/2023 | 12/08/2023 | 0.32451 | 0.32451 | - | - | - | - |
| 11/01/2023 | 11/02/2023 | 11/08/2023 | 0.32283 | 0.32283 | - | - | - | - |
| 10/02/2023 | 10/03/2023 | 10/10/2023 | 0.31363 | 0.31363 | - | - | - | - |
| 09/02/2023 | 09/06/2023 | 09/12/2023 | 0.33482 | 0.33482 | - | - | - | - |
| 09/01/2023 | 09/05/2023 | 09/11/2023 | 0.33482 | 0.33482 | - | - | - | - |
| 08/02/2023 | 08/03/2023 | 08/09/2023 | 0.31472 | 0.31472 | - | - | - | - |
| 08/01/2023 | 08/02/2023 | 08/08/2023 | 0.31472 | 0.31472 | - | - | - | - |
| 07/03/2023 | 07/05/2023 | 07/11/2023 | 0.27619 | 0.27619 | - | - | - | - |
| 06/01/2023 | 06/02/2023 | 06/08/2023 | 0.26303 | 0.26303 | - | - | - | - |
| 05/01/2023 | 05/02/2023 | 05/08/2023 | 0.24578 | 0.24578 | - | - | - | - |
| 04/03/2023 | 04/04/2023 | 04/11/2023 | 0.23643 | 0.23643 | - | - | - | - |
| 03/01/2023 | 03/02/2023 | 03/08/2023 | 0.20249 | 0.20249 | - | - | - | - |
| 02/01/2023 | 02/02/2023 | 02/08/2023 | 0.19360 | 0.19360 | - | - | - | - |
| 01/03/2023 | 01/04/2023 | 01/10/2023 | 0.15751 | 0.15751 | - | - | - | - |
| 12/01/2022 | 12/02/2022 | 12/08/2022 | 0.14644 | 0.14644 | - | - | - | - |
| 11/01/2022 | 11/02/2022 | 11/08/2022 | 0.09163 | 0.09163 | - | - | - | - |
| 10/03/2022 | 10/04/2022 | 10/11/2022 | 0.06163 | 0.06163 | - | - | - | - |
| 09/01/2022 | 09/02/2022 | 09/09/2022 | 0.03790 | 0.03790 | - | - | - | - |
| 08/01/2022 | 08/02/2022 | 08/08/2022 | 0.00992 | 0.00992 | - | - | - | - |
| 03/02/2009 | 03/09/2009 | 0.01374 | 0.01374 | - | - | - | - | |
| 02/02/2009 | 02/09/2009 | 0.06968 | 0.06968 | - | - | - | - | |
| 01/02/2009 | 01/09/2009 | 0.10310 | 0.10310 | - | - | - | - | |
| 12/01/2008 | 12/08/2008 | 0.25991 | 0.25991 | - | - | - | - | |
| 11/03/2008 | 11/10/2008 | 0.49959 | 0.49959 | - | - | - | - | |
| 10/01/2008 | 10/08/2008 | 0.59937 | 0.59937 | - | - | - | - | |
| 09/02/2008 | 09/09/2008 | 0.65455 | 0.65455 | - | - | - | - | |
| 08/01/2008 | 08/08/2008 | 0.71388 | 0.71388 | - | - | - | - | |
| 07/01/2008 | 07/09/2008 | 0.69744 | 0.69744 | - | - | - | - | |
| 06/02/2008 | 06/09/2008 | 0.71718 | 0.71718 | - | - | - | - | |
| 05/01/2008 | 05/08/2008 | 0.70329 | 0.70329 | - | - | - | - | |
| 04/01/2008 | 04/08/2008 | 0.76368 | 0.76368 | - | - | - | - | |
| 03/03/2008 | 03/10/2008 | 0.72048 | 0.72048 | - | - | - | - | |
| 02/01/2008 | 02/08/2008 | 0.80144 | 0.80144 | - | - | - | - | |
| 01/02/2008 | 01/09/2008 | 0.81130 | 0.81130 | - | - | - | - | |
| 12/03/2007 | 12/10/2007 | 0.84758 | 0.84758 | - | - | - | - | |
| 11/01/2007 | 11/08/2007 | 0.88392 | 0.88392 | - | - | - | - | |
| 10/01/2007 | 10/08/2007 | 0.81187 | 0.81187 | - | - | - | - | |
| 09/04/2007 | 09/11/2007 | 0.91432 | 0.91432 | - | - | - | - | |
| 08/01/2007 | 08/08/2007 | 0.89339 | 0.89339 | - | - | - | - | |
| 07/02/2007 | 07/10/2007 | 0.80074 | 0.80074 | - | - | - | - | |
| 06/01/2007 | 06/08/2007 | 0.79133 | 0.79133 | - | - | - | - | |
| 05/01/2007 | 05/08/2007 | 0.74422 | 0.74422 | - | - | - | - | |
| 04/02/2007 | 04/10/2007 | 0.75754 | 0.75754 | - | - | - | - | |
| 03/01/2007 | 03/08/2007 | 0.68475 | 0.68475 | - | - | - | - | |
| 02/01/2007 | 02/08/2007 | 0.74368 | 0.74368 | - | - | - | - | |
| 01/03/2007 | 01/10/2007 | 0.71866 | 0.71866 | - | - | - | - | |
| 12/01/2006 | 12/08/2006 | 0.68325 | 0.68325 | - | - | - | - | |
| 11/01/2006 | 11/08/2006 | 0.65688 | 0.65688 | - | - | - | - | |
| 10/02/2006 | 10/09/2006 | 0.61884 | 0.61884 | - | - | - | - | |
| 09/01/2006 | 09/11/2006 | 0.65332 | 0.65332 | - | - | - | - | |
| 08/01/2006 | 08/08/2006 | 0.60025 | 0.60025 | - | - | - | - | |
| 07/03/2006 | 07/11/2006 | 0.20364 | 0.20364 | - | - | - | - |
Distribution Information
Fund distributions
Dividends from net investment income, if any, are declared and paid quarterly. For Funds on a quarterly dividend payment cycle, the dividend ex-date is the next business day following the third Friday of each March, June, September and December, payable the last business day of April, July, October and December respectively.
The fund distributes its net realized capital gains, if any, to shareholders annually.
Distributions in cash may be reinvested automatically in additional whole shares of the fund only if the broker through whom you purchased shares makes such option available. Shareholders of the fund may contact their broker to determine the availability and costs of the service and the details of participation. Brokers may require shareholders to adhere to specific procedures and timetables. If this service is available and used, dividend distributions of both income and realized gains will be automatically reinvested in additional whole shares of the fund purchased in the secondary market.
Taxes on distributions
In general, your distributions are subject to federal income tax when they are paid, whether you take them in cash or reinvest them in the Fund. Dividends paid out of the Fund's income and net short-term gains, if any, are taxable as ordinary income. Distributions of net long-term capital gains, if any, in excess of net short-term capital losses are taxable as long-term capital gains, regardless of how long you have held the Shares. Dividends from net investment income, if any, are declared and paid quarterly. The Fund may also pay a special distribution at the end of the calendar year to comply with federal tax requirements.
Under the provisions of the Jobs and Growth Tax Relief Reconciliation Act of 2003 (the "2003 Tax Act"), long-term capital gains tax rates have generally been reduced for individuals to a maximum of 15% for taxable years beginning before January 1, 2009. In addition, some ordinary dividends declared and paid by the Fund to individual shareholders may qualify for taxation at the lower reduced tax rates applicable to long-term capital gains, provided that holding period and other requirements are met by the Fund and the shareholder.
Distributions in excess of the Fund's current and accumulated earnings and profits are treated as a tax-free return of capital to the extent of your basis in the Shares, and as capital gain thereafter. A distribution will reduce the Fund's net asset value per Share and may be taxable to you as ordinary income or capital gain even though, from an investment standpoint, the distribution may constitute a return of capital.
By law, the Fund must withhold a percentage of your distributions and proceeds if you have not provided a taxpayer identification number or social security number. The backup withholding rate is currently 28%.
Fund distributions
Dividends from net investment income, if any, are declared and paid either annually, quarterly or monthly, depending on the Fund. For funds on an annual dividend payment cycle, the dividend ex-date is the next business day following the third Friday of December, payable the last business day of the year. For funds on a quarterly dividend payment cycle, the dividend ex-date is the next business day following the third Friday of each March, June, September and December, payable the last business day of the month. For funds on a monthly dividend payment cycle, the dividend ex-date is the next business day following the third Friday of each month, payable the last business day of the month.
The fund distributes its net realized capital gains, if any, to shareholders annually.
Distributions in cash may be reinvested automatically in additional whole shares of the fund only if the broker through whom you purchased shares makes such option available. Shareholders of the fund may contact their broker to determine the availability and costs of the service and the details of participation. Brokers may require shareholders to adhere to specific procedures and timetables. If this service is available and used, dividend distributions of both income and realized gains will be automatically reinvested in additional whole shares of the fund purchased in the secondary market.
Taxes on distributions
In general, your distributions are subject to federal income tax when they are paid, whether you take them in cash or reinvest them in the Fund. Dividends paid out of the Fund's income and net short-term gains, if any, are taxable as ordinary income. Distributions of net long-term capital gains, if any, in excess of net short-term capital losses are taxable as long-term capital gains, regardless of how long you have held the Shares. Dividends from net investment income, if any, are declared and paid quarterly. The Fund may also pay a special distribution at the end of the calendar year to comply with federal tax requirements.
Under the provisions of the Jobs and Growth Tax Relief Reconciliation Act of 2003 (the "2003 Tax Act"), long-term capital gains tax rates have generally been reduced for individuals to a maximum of 15% for taxable years beginning before January 1, 2009. In addition, some ordinary dividends declared and paid by the Fund to individual shareholders may qualify for taxation at the lower reduced tax rates applicable to long-term capital gains, provided that holding period and other requirements are met by the Fund and the shareholder.
Distributions in excess of the Fund's current and accumulated earnings and profits are treated as a tax-free return of capital to the extent of your basis in the Shares, and as capital gain thereafter. A distribution will reduce the Fund's net asset value per Share and may be taxable to you as ordinary income or capital gain even though, from an investment standpoint, the distribution may constitute a return of capital.
By law, the Fund must withhold a percentage of your distributions and proceeds if you have not provided a taxpayer identification number or social security number. The backup withholding rate is currently 28%.
Frequency Distribution of Discounts & Premiums
| Bid/Ask MidPoint Above NAV | |||||||
|---|---|---|---|---|---|---|---|
| Quarter Ending |
Days | 0.00- 0.25% |
0.26- 0.50% |
0.51- 0.99% |
1.00- 1.49% |
1.50- 1.99% |
≥2.00% |
| 09/30/2023 | 63 | 23 | 8 | 0 | 0 | 0 | 0 |
| 06/30/2023 | 62 | 32 | 5 | 0 | 0 | 0 | 0 |
| 03/31/2023 | 62 | 29 | 12 | 1 | 0 | 0 | 0 |
| 12/31/2022 | 63 | 21 | 5 | 7 | 2 | 0 | 0 |
| Year Ended 2022 | 251 | 87 | 16 | 15 | 5 | 0 | 0 |
| Bid/Ask Midpoint Below NAV | |||||||
|---|---|---|---|---|---|---|---|
| Quarter Ending |
Days | 0.00- 0.25% |
0.26- 0.50% |
0.51- 0.99% |
1.00- 1.49% |
1.50- 1.99% |
≥2.00% |
| 09/30/2023 | 63 | 23 | 8 | 1 | 0 | 0 | 0 |
| 06/30/2023 | 62 | 23 | 2 | 0 | 0 | 0 | 0 |
| 03/31/2023 | 62 | 9 | 9 | 2 | 0 | 0 | 0 |
| 12/31/2022 | 63 | 7 | 13 | 8 | 0 | 0 | 0 |
| Year Ended 2022 | 251 | 69 | 44 | 15 | 0 | 0 | 0 |
Fund Inception : 06/21/2006
Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.
Shareholders may pay more than net asset value when they buy Fund shares and receive less than net asset value when they sell those shares, because shares are bought and sold at current market prices. Performance data quoted represents past performance, which is not a guarantee of future results.
Fund Documents
Risk & Other Information
CurrencyShares are subject to risks similar to those of stocks and may not be suitable for all investors. The value of the Shares relates directly to the value of the British Pounds Sterling held by the Trust. Fluctuations in the price of the British Pound Sterling could materially and adversely affect the value of the Shares.
The USD/British Pounds Sterling exchange rate, like foreign exchange rates in general, can be volatile and difficult to predict. This volatility could materially and adversely affect the performance of the Shares. Investment in foreign exchange related products is subject to many factors that contribute to or increase volatility, such as national debt levels and trade deficits, changes in domestic and foreign interest rates, and investors' expectations concerning interest rates, currency exchange rates and global or regional political, economic or financial events and situations.
If interest earned by the Trust does not exceed the Trust's expenses, the Trustee will withdraw British Pounds Sterling from the Trust to pay these excess expenses, which will reduce the amount of British Pounds Sterling represented by each Share on an ongoing basis and may result in adverse tax consequences for Shareholders.
The interest rate paid by the Depository, if any, may not be the best rate available. If the Sponsor determines that the interest rate is inadequate, then its sole recourse is to remove the Depository and terminate the Deposit Accounts.
If the Trust incurs expenses in USD, the Trust would be required to sell British Pounds Sterling to pay these expenses. The sale of the Trust's British Pounds Sterling to pay expenses in USD at a time of low British Pounds Sterling prices could adversely affect the value of the Shares.
Substantial sales of British Pounds Sterling by the official sector could adversely affect an investment in the Shares.
The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.
The Fund is not a mutual fund or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and is not subject to regulation thereunder.
Invesco Specialized Products, LLC, sponsor for the CurrencyShares Trusts, is a wholly owned subsidiary of Invesco Ltd.
The WM/Reuters closing spot rates are provided by The World Markets Company LBC (WM) in conjunction with Reuters and are used for certain currencies (the "rates") displayed herein. WM and Reuters shall not be liable for any errors in delays in providing or making available the WM/Reuters closing spot rates nor for any actions taken in reliance on the same. This information cannot be used, reproduced, distributed, redistributed, licensed in any way without a written agreement with WM.
WM/Reuters closing spot rate is the exchange rate of the U.S. dollar and the applicable foreign currency as determined by WM/Reuters as of 4:00 p.m. London Time.
United States
Canada (English)
United Kingdom
Isle of Man
Jersey
Guernsey
Australia
China
Hong Kong
Japan
Taiwan
Europe
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