Symbols

SATO

Invesco Alerian Galaxy Crypto Economy ETF·CBOE

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Key Stats

Assets Under Management

8.92MUSD

Fund Flows (1Y)

-428.10KUSD

Dividend Yield

10.33%

Discount/Premium to NAV

-0.41%

Shares Outstanding

550.00K

Expense Ratio

0.60%

About Invesco Alerian Galaxy Crypto Economy ETF

Issuer

Invesco Capital Management LLC

Brand

Invesco

Home Page

https://www.invesco.com/us/financial-products/etfs/product-detail?audienceType=Institutional&productId=ETF-SATO

Inception Date

Oct 7, 2021

Structure

Open-Ended Fund

Index Tracked

Alerian Galaxy Global Cryptocurrency-Focused Blockchain Equity, Trusts & ETPs Net Return Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

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.

SATO maintains an aggressive risk profile by maintaining two different sleeves in its portfolio. The first sleeve (fixed at 85% of assets) is comprised of equally weighted stocks of pure-play digital asset companies that are engaged in cryptocurrency and its relative mining, buying, or enabling technologies. Sleeve two (15% allocation) is comprised of ETP and private trust component, which may only hold the Grayscale Bitcoin Trust (GBTC). Note that the fund will not invest directly in cryptocurrencies, instead, it uses a Cayman Island subsidiary that holds crypto assets. It is worth noting that any income received from the fund's investments in the subsidiary will be passed through to investors as ordinary income.