IIInvesco Electric Vehicle Metals Commodity Strategy No K-1 ETF
15.47USDR
+0.13+0.85%
Last update at Jul 10, 20:15 GMT
USD
No tradesPre-market
Key stats
About Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF
Home page
Inception date
Apr 27, 2022
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
EVMT is the first commodity ETF to offer access to electric vehicle (EV) theme by providing exposure to a group of metals commonly used in EV production. Such metals include cobalt, nickel, iron ore, aluminum, copper, zinc, and silver. The fund obtains its exposure either by directly investing in commodity-related assets (ETFs, mutual funds, and closed-end investments), or indirectly through its wholly-owned Cayman Island subsidiary (avoiding a K-1 at tax time). Investment in the subsidiary is expected to provide exposure to commodity futures and commodity-linked Instruments, and may not exceed 25% of the funds assets at each fiscal quarter end. The fund may hold cash, cash-like instruments or high-quality securities to collateralize its derivatives investments. Taking an active approach, EVMT has the potential to expand both the number and type of metals it holds as EV production and technology evolves.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Mutual fund
Bonds, Cash & Other100.00%
Mutual fund100.11%
Cash−0.11%
Top 10 holdings
Symbol
Assets
A
AIM Treasurers Series Funds Inc Premier US Government Money Portfolio Institutional
79.50%
M
MUTUAL FUND (OTHER)
20.61%
U
U.S. Dollar
−0.11%
Top 10 weight100.00%
3 total holdings
Dividends
Dec '22
Dec '23
Dec '24
0.00
0.25
0.50
0.75
1.00
Dividend amount
Dividend payout history
Ex-date
Record date
Pay date
Amount
Frequency
Dec 23, 2024
Dec 23, 2024
Dec 27, 2024
0.529
Annual
Dec 18, 2023
Dec 19, 2023
Dec 22, 2023
0.928
Annual
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
EVMT last dividends amounted to 0.53 USD. The year before, the issuer paid 0.93 USD in dividends, which shows a 75.58% decrease.
EVMT assets under management is 6.92 M USD. It's risen 0.90% over the last month.
EVMT fund flows account for −1.51 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, EVMT pays dividends to its holders with the dividend yield of 3.45%. The last dividend (Dec 27, 2024) amounted to 0.53 USD. The dividends are paid annually.
EVMT shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Apr 27, 2022, and its management style is Active.
EVMT expense ratio is 0.59% meaning you'd have to pay 0.59% of your investment to help manage the fund.
EVMT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
EVMT invests in funds.
EVMT price has risen by 0.72% over the last month, and its yearly performance shows a −7.03% decrease. See more dynamics on EVMT price chart.
NAV returns, another gauge of an ETF dynamics, showed a 5.17% increase in three-month performance and has decreased by −7.32% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 5.17% increase in three-month performance and has decreased by −7.32% in a year.
EVMT trades at a premium (0.12%) meaning the ETF is trading at a higher price than the calculated NAV.