Invesco DB US Dollar Index Bullish Fund Files Q2 2024 10-Q
Ticker: UUP · Form: 10-Q · Filed: Aug 7, 2024 · CIK: 1383151
| Field | Detail |
|---|---|
| Company | Invesco Db US Dollar Index Bullish Fund (UUP) |
| Form Type | 10-Q |
| Filed Date | Aug 7, 2024 |
| Risk Level | low |
| Pages | 14 |
| Reading Time | 17 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, fund-filing, dollar-index
Related Tickers: UUP
TL;DR
**UUP 10-Q filed!** Quarterly update on dollar index fund performance.
AI Summary
Invesco DB US Dollar Index Bullish Fund (UUP) filed its 10-Q for the period ending June 30, 2024. The filing details the fund's financial performance and operations. The fund is managed by Invesco DB US Dollar Index Trust, with its principal office located at 3500 Lacey Road, Suite 700, Downers Grove, IL 60515.
Why It Matters
This filing provides investors with a quarterly update on the financial health and operational status of the Invesco DB US Dollar Index Bullish Fund, which tracks the performance of the dollar.
Risk Assessment
Risk Level: low — This is a routine quarterly filing for a financial fund, not indicating any unusual risks.
Key Numbers
- 20240630 — Reporting Period End Date (Indicates the end of the fiscal quarter covered by the report.)
- 20240807 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
Key Players & Entities
- Invesco DB US Dollar Index Bullish Fund (company) — Filer of the 10-Q
- Invesco DB US Dollar Index Trust (company) — Managing entity
- 3500 Lacey Road, Suite 700, Downers Grove, IL 60515 (location) — Principal business address
- 20240630 (date) — End of reporting period
FAQ
What is the primary purpose of the Invesco DB US Dollar Index Bullish Fund?
The fund is designed to track the performance of the US dollar against a basket of foreign currencies, as represented by the Deutsche Bank Long US Dollar Index.
Who is the managing entity for the Invesco DB US Dollar Index Bullish Fund?
The Invesco DB US Dollar Index Trust is the managing entity for the fund.
What is the fiscal year end for the Invesco DB US Dollar Index Bullish Fund?
The fiscal year end for the fund is December 31st.
When was the fund previously known as PowerShares DB US Dollar Index Bullish Fund?
The name change from PowerShares DB US Dollar Index Bullish Fund to Invesco DB US Dollar Index Bullish Fund occurred on December 8, 2006.
What is the business address of the Invesco DB US Dollar Index Trust?
The business address is 3500 Lacey Road, Suite 700, Downers Grove, IL 60515.
Filing Stats: 4,309 words · 17 min read · ~14 pages · Grade level 13.7 · Accepted 2024-08-06 18:32:50
Filing Documents
- uup-20240630.htm (10-Q) — 1499KB
- uup-ex31_1.htm (EX-31.1) — 12KB
- uup-ex31_2.htm (EX-31.2) — 12KB
- uup-ex31_3.htm (EX-31.3) — 12KB
- uup-ex31_4.htm (EX-31.4) — 12KB
- uup-ex32_1.htm (EX-32.1) — 9KB
- uup-ex32_2.htm (EX-32.2) — 9KB
- uup-ex32_3.htm (EX-32.3) — 9KB
- uup-ex32_4.htm (EX-32.4) — 9KB
- img239787840_0.jpg (GRAPHIC) — 181KB
- img239787840_1.jpg (GRAPHIC) — 171KB
- img239787840_2.jpg (GRAPHIC) — 187KB
- img239787840_3.jpg (GRAPHIC) — 169KB
- 0000950170-24-092113.txt ( ) — 7178KB
- uup-20240630.xsd (EX-101.SCH) — 596KB
- uup-20240630_htm.xml (XML) — 1057KB
Financial Statements
Financial Statements 1 Notes to Unaudited Financial Statements 10 ITEM 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 21 ITEM 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 31 ITEM 4.
Controls and Procedures
Controls and Procedures 33 PART II. OTHER INFORMATION 34 Item 1.
Legal Proceedings
Legal Proceedings 34 Item 1A.
Risk Factors
Risk Factors 34 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 34 Item 3. Defaults Upon Senior Securities 34 Item 4. Mine Safety Disclosures 34 Item 5. Other Information 34 Item 6. Exhibits 35
FINANCI AL INFORMATION
PART I. FINANCI AL INFORMATION
FINANCI AL STATEMENTS
ITEM 1. FINANCI AL STATEMENTS. Invesco DB US Dollar Index Bullish Fund June 30, 2024 and December 31, 2023 (Unaudited) June 30, December 31, 2024 2023 Assets United States Treasury Obligations, at value (cost $ 195,930,241 and $ 293,701,086 , respectively) $ 195,983,863 $ 294,000,317 Affiliated investments, at value and cost 243,373,418 111,534,057 Other investments: Variation margin receivable - Currency Futures Contracts — 467,297 Cash held by custodian — 1,044,288 Receivable for: Fund shares sold 2,913,562 — Dividends from affiliates 1,003,708 894,807 Total assets $ 443,274,551 $ 407,940,766 Liabilities Other investments: Variation margin payable - Currency Futures Contracts $ 108,512 $ — Payable for: Fund shares reacquired — 18,959,228 Management fees 247,654 296,348 Brokerage commissions and fees 4,440 4,077 Total liabilities $ 360,606 $ 19,259,653 Commitments and Contingencies (Note 10) Equity Shareholder's equity—General Shares 1,166 1,084 Shareholders' equity—Shares 442,912,779 388,680,029 Total shareholders' equity 442,913,945 388,681,113 Total liabilities and equity $ 443,274,551 $ 407,940,766 General Shares outstanding 40 40 Shares outstanding 15,200,000 14,350,000 Net asset value per share $ 29.14 $ 27.09 Market value per share $ 29.14 $ 27.09 See accompanying Notes to Unaudited Financial Statements which are an integral part of the financial statements. 1 Invesco DB US Dollar Index Bullish Fund Schedule of Investments June 30, 2024 (Unaudited) Description Percentage of Shareholders' Equity Value Principal Value United States Treasury Obligations (a) U.S. Treasury Bills, 5.250 % due September 5, 2024 (b) 5.59 % $ 24,761,363 $ 25,000,000 U.S. Treasury Bills, 5.170 % due November 29, 2024 (b) 33.14 146,78