Invesco CurrencyShares British Pound Sterling Trust (FXB)
| Assets | $60.80M |
| Expense Ratio | 0.40% |
| PE Ratio | n/a |
| Shares Out | 500,000 |
| Dividend (ttm) | $3.95 |
| Dividend Yield | 3.25% |
| Ex-Dividend Date | Nov 1, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | +1.52% |
| Volume | 4,028 |
| Open | 121.66 |
| Previous Close | 121.96 |
| Day's Range | 121.66 - 121.77 |
| 52-Week Low | 118.38 |
| 52-Week High | 129.21 |
| Beta | 0.31 |
| Holdings | 2 |
| Inception Date | Jun 21, 2006 |
About FXB
Fund Home PageThe Invesco CurrencyShares British Pound Sterling Trust (FXB) is an exchange-traded fund that is based on the USD/GBP Exchange Rate index. The fund delivers exposure to changes in value of the British pound (GBP) relative to the US dollar. FXB was launched on Jun 21, 2006 and is issued by Invesco.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 1, 2024 | $0.322 | Nov 7, 2024 |
| Oct 1, 2024 | $0.323 | Oct 7, 2024 |
| Sep 3, 2024 | $0.328 | Sep 9, 2024 |
| Aug 1, 2024 | $0.342 | Aug 7, 2024 |
| Jul 1, 2024 | $0.325 | Jul 8, 2024 |
| Jun 3, 2024 | $0.339 | Jun 7, 2024 |
News
UK equities are cheap and aggregate, says strategist
Peter Toogood, chief investment officer at Embark Group, discusses U.K. and European equity markets and the productivity issues affecting them.
Bank Of England To Keep Rates On Hold, But Faster Cuts Are Coming
With services inflation still elevated, the Bank of England is treading more carefully towards lower interest rates than the Federal Reserve. That suggests the committee will vote for no change this m...
U.K. Update: Life Under Labour
Labour's manifesto is largely fiscally neutral with total net policy measures amounting to approximately £0.5bn GBP, and higher spending offset by increased taxation.
FXB: Elections Have Consequences
The U.K. Labour Party won a landslide victory over the Tories, causing the British pound to rally against the U.S. dollar. The rising popularity of Reform U.K. shows increasing political divisions in ...
Bank Of England Hints That The First Rate Cut Is Drawing Nearer
The Bank of England kept rates on hold this month. Comments in the statement and minutes suggest officials are getting closer to cutting interest rates despite some recent unwelcome services inflation...
Bank of England To Use June Meeting To Lay The Ground For A Summer Rate Cut
Six things to watch out for at the Bank of England's June meeting. The swaps curve is pricing barely a 5% chance of a rate cut.
Bank Of England: Dovish May Dance Opens Door To Summer Rate Cut
Despite holding steady on rates, the BoE keeps the door open to cutting rates faster than some may expect. Two of the nine MPC members advocated for a rate cut in contrast to only one member who said ...
Bank of England Sticks To The Script And Keeps Rates On Hold
The Bank of England has been careful not to endorse the idea of a near-term rate cut in its latest policy statement.
U.K. Chancellor Has Limited Space For Tax Cuts As Market Rates Move Higher
The UK government reportedly wants to introduce sweeping tax cuts in the Spring Budget on 6 March. But the reappraisal of Bank of England rate cuts in financial markets means the money available for g...
Flash PMI Points To U.K. Economy Ending 2023 On A More Positive Note
UK economy shows resilience, suggesting GDP stagnated over Q4 2021. Flash PMI data indicates increased output, but manufacturing sector continues to decline.
Bank of England To Push Back Against Rising Tide Of Rate Cut Expectations
Markets are pricing three rate cuts in 2024 and we doubt the Bank will be too happy about that. Expect policymakers to reiterate that rates need to stay restrictive for some time.
Why The Bank Of England Might Not Raise Rates On Thursday
We're expecting one final rate hike from the Bank of England this week with wage growth and inflation both proving stubborn. Recent comments show the Bank is laying the ground for a pause, and we aren...
FXB: Take Profits On The GBP
The GBP has outperformed this year, supported by rapidly rising policy rates. But the rate tailwind is now easing alongside the inflation/growth dynamic. With the market still pricing in a rather hawk...
Why The Bank of England Is Unlikely To Push Back Against Lofty Interest Rate Expectations
Markets are pricing almost six more rate hikes from here. While we doubt the Bank of England would endorse that, we don't think it will want to push back heavily either, given the recent tendency for ...
The U.K. After 45 Days Of Chaos
UK's Conservative Party is in the final stage of selecting a new leader, who will then be the next Prime Minister, following the resignation of Liz Truss after only 45 days on the job. The havoc in th...
US ETFs Feel Sting From UK Chaos
BlackRock among issuers hit as Britian reverses tax plan.
U.K. Macroeconomic Turmoil
After a mini-budget revision was announced, including elimination of the 45% income tax bracket, many financiers who would directly benefit were alarmed, oddly so. The pound depreciated to under $1.04...
U.K. Budget Experiment Tests Markets
Grave new concerns have taken over the headlines, triggering a sell-off in U.K. assets. Gilt yields are skyrocketing, and the pound is plummeting, even touching a record low against the U.S. dollar (U...
U.K. Tax-Cut Plan Induces Short-Term Pain In Debt Market, Inflation Fight
UK Chancellor of the Exchequer, Kwasi Kwarteng, has delivered the biggest tax reduction since 1972, which amounts to GBP45 billion, or 1.5%, of GDP.
ETF Opportunities Amid UK Currency Crisis
The pound is in a free fall, while U.K. stocks are trading at their lowest valuations since the financial crisis.
Rates Spark: Bank Of England Vs. The Market
UK rates haven't had a chance to fully digest the Bank of England's statement yesterday. We think hike expectations will persist, but there are other areas where the BoE and Treasury can restore confi...
A Perfect Storm For U.K. Gilts And FX
Price action in UK gilts is going from bad to worse. A daunting list of challenges has arisen for sterling-denominated bond investors, and the Treasury's mini-budget has done little to shore up confid...
Continued Challenges For U.K. Economy
The recent announcement to introduce a £2,500 household energy cap takes some pressure off further rises in the short term.
Boris Johnson Resigns: What's Next For Markets?
Boris Johnson has resigned as prime minister of the UK, which probably comes as not a huge surprise to most people, given he's been under pressure for quite some time.