ADRD - Invesco BLDRS Developed Markets 100 ADR Index FundEquity - International and Global Equity
The Invesco BLDRS Developed Markets 100 ADR Index Fund (the "Fund") seeks to provide investment results that correspond generally, before fees and expenses, to the price and yield performance of the S&P/BNY Mellon Developed Markets ADR IndexSM (the "Index"). The Fund normally holds at least 95% of its total assets in depositary receipts (DR) that comprise the Index. The Index is capitalization-weighted and designed to track the performance of approximately 100 developed market-based DRs. The Fund and the Index are rebalanced and reconstituted quarterly.
The Fund is an "index fund" that holds publicly traded DRs, negotiable U.S. securities that generally represent a non-U.S. company's publicly traded equity or debt, of non-U.S. companies in a particular geographic region or market represented by a specified relevant benchmark S&P/BNY Mellon ADR Index.
Effective Monday, April 1, 2019, the Fund's index provider and underlying index name changed. Please see the Fund's prospectus for further information.
|Index History (%)|
|S&P/BNY Mellon Developed Markets 100 ADR Index||15.39||9.12||8.04||2.16||3.88||5.90|
|MSCI EAFE Index||18.17||12.44||9.62||4.26||5.32||7.29|
|Fund History (%)|
|After Tax Held||13.62||7.32||6.97||1.31||3.16||5.19|
|After Tax Sold||8.87||5.34||6.04||1.63||3.11||4.89|
|Fund Market Price||15.26||8.91||7.89||2.08||3.92||5.85|
|Index History (%)|
|S&P/BNY Mellon Developed Markets 100 ADR Index||10.73||-2.19||5.23||0.91||3.63||5.70|
|MSCI EAFE Index||12.80||-1.34||6.48||3.27||4.90||7.07|
|Fund History (%)|
|After Tax Held||9.06||-3.78||4.18||0.07||2.92||4.99|
|After Tax Sold||6.17||-1.30||3.87||0.70||2.94||4.74|
|Fund Market Price||10.69||-2.29||5.10||0.90||3.66||5.66|
Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. 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.
Growth of $10,000
Data beginning 10 years prior to the ending date of 09/30/2019. Fund performance shown at NAV.
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.
|Sector||Percent of Fund|
Top Country Allocation
as of 12/09/2019 Top Holdings | View All
Fund Holdings subject to change
|Ticker||Company||% of Fund|
|NVS||Novartis AG ADR||6.13|
|TM||Toyota Motor Corp ADR||4.81|
|HSBC||HSBC Holdings PLC ADR||3.93|
|SAP||SAP SE ADR||3.78|
|TOT||TOTAL SA ADR||3.45|
|AZN||AstraZeneca PLC ADR||3.25|
|BP||BP PLC ADR||3.25|
|RDS/A||Royal Dutch Shell PLC ADR||3.18|
|ASML||ASML Holding NV||3.07|
|GSK||GlaxoSmithKline PLC ADR||2.96|
Materials & Resources
Risk & Other Information
Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.
There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Underlying Index. 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.
Depositary receipts involve many of the same risks as a direct investment in foreign securities, and issuers of certain depositary receipts are under no obligation to distribute shareholder communications to the holders or to pass through to them any voting rights with respect to the deposited securities.
The risks of investing in securities of foreign issuers, including emerging market issuers, can include fluctuations in foreign currencies, political and economic instability, and foreign taxation issues.
The Fund may invest in foreign markets and because foreign exchanges may be open on days when the Fund does not price its shares, the value of the non-US securities in the Fund's portfolio may change on days when you will not be able to purchase or sell your shares.
The Fund may hold illiquid securities that it may be unable to sell at the preferred time or price and could lose its entire investment in such securities.
The Fund is non-diversified and may experience greater volatility than a more diversified investment.
The Sponsor may direct the Trustee to terminate and liquidate the Fund – See "Termination of a Fund" in the prospectus for further information. In the event the Fund is terminated, the trading pattern of the Fund's Shares could be negatively affected.
The economies of the countries in the Asia Pacific and European regions are largely intertwined, if an economic recession is experienced by any of these countries, it will likely adversely impact the economic performance of other countries in the region.
Many countries in the European Union are susceptible to high economic risks associated with high level of debt, notably due to investments in sovereign debts of European countries such as Greece, Italy and Spain.
The MSCI EAFE® Index is an unmanaged index considered representative of stocks of Europe, Australasia and the Far East. The index is computed using the net return, which withholds applicable taxes for non-resident investors. The S&P 500® Index is an unmanaged index considered representative of the US stock market.
The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.
BLDRS and Baskets of Listed Depositary Receipts are registered trademarks of The Bank of New York Mellon Corporation and have been licensed for use by Invesco Capital Management LLC, BLDRS' sponsor. BNY Mellon makes no representation regarding the advisability of investing in BLDRS and makes no warranty and bears no liability with respect to BLDRS or Baskets of Listed Depositary Receipts, its use or any data included therein.
The sponsor of the BLDRS Index Funds Trust (BLDRS), a unit investment trust, is Invesco Capital Management LLC.