# Invesco CurrencyShares Japanese Yen Trust (FXY): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/fxy for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Invesco · Asset class: Alternatives - Strategy: Thematic · Inception: 2007-02-12 The Invesco CurrencyShares Japanese Yen Trust is an exachange-traded fund designed to track the price of the Japanese yen, net of trust expenses. The investment objective of the Trust is for the Shares to reflect the price in USD of the Japanese Yen. The Shares are intended to offer investors an opportunity to participate in the market for the Japanese Yen through an investment in securities. ## Key Facts | Metric | Value | |---|---| | Price | $58.42 | | Expense Ratio | 0.40% | | Assets Under Management | $435.8M | | NAV | $58.49 | | Holdings Count | 0 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | — | | 52-Week Range | $55.96 – $60.56 | | Beta | 0.19 | ## Frequently Asked Questions ### What does FXY invest in? The Invesco CurrencyShares Japanese Yen Trust is an exachange-traded fund designed to track the price of the Japanese yen, net of trust expenses. The investment objective of the Trust is for the Shares to reflect the price in USD of the Japanese Yen. The Shares are intended to offer investors an opportunity to participate in the market for the Japanese Yen through an investment in securities. ### What is the expense ratio of FXY? Invesco CurrencyShares Japanese Yen Trust (FXY) charges an expense ratio of 0.40%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is FXY? Invesco CurrencyShares Japanese Yen Trust (FXY) manages $435.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is FXY actively managed or an index fund? FXY's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was FXY launched? Invesco CurrencyShares Japanese Yen Trust (FXY) launched in February 2007 and is managed by Invesco. ### How has FXY performed? FXY's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does FXY pay a dividend? Invesco CurrencyShares Japanese Yen Trust (FXY) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FXY pay dividends? Invesco CurrencyShares Japanese Yen Trust pays dividends on its published schedule. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is FXY's dividend yield? FXY's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is FXY's next ex-dividend date? FXY hasn't announced its next ex-date yet. Once declared it'll appear at the top of the dividend history table on this page. ### How much will FXY's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.40% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FXY charge its expense ratio? The expense ratio is deducted in tiny daily slices from FXY's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FXY cost more than a fund like VOO? FXY's strategy (current expense ratio 0.40%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where FXY sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to FXY? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as FXY (0.40%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/fxy - Distribution history: https://www.dividenddata.com/funds/fxy/dividend - Holdings & diversification: https://www.dividenddata.com/funds/fxy/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/fxy/expenses - Peer comparison: https://www.dividenddata.com/funds/fxy/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.