Invesco DB US Dollar Index Bearish Fund (UDN)
| Assets | $56.55M |
| Expense Ratio | 0.78% |
| PE Ratio | n/a |
| Shares Out | 3.15M |
| Dividend (ttm) | $0.96 |
| Dividend Yield | 5.38% |
| Ex-Dividend Date | Dec 18, 2023 |
| Payout Ratio | n/a |
| 1-Year Return | -5.25% |
| Volume | 63,291 |
| Open | 17.86 |
| Previous Close | 17.94 |
| Day's Range | 17.82 - 17.88 |
| 52-Week Low | 17.65 |
| 52-Week High | 19.30 |
| Beta | 0.20 |
| Holdings | 4 |
| Inception Date | Feb 20, 2007 |
About UDN
Fund Home PageThe Invesco DB US Dollar Index Bearish Fund (UDN) is an exchange-traded fund that mostly invests in long g10 basket, short usd currency. The fund tracks the changes in value of the euro, Swiss franc, Japanese yen, British pound, Swedish krona and Canadian dollar relative to the US dollar, via USDX contracts. UDN was launched on Feb 20, 2007 and is issued by Invesco.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2023 | $0.961 | Dec 22, 2023 |
| Dec 19, 2022 | $0.128 | Dec 23, 2022 |
| Dec 23, 2019 | $0.283 | Dec 31, 2019 |
| Dec 24, 2018 | $0.265 | Dec 31, 2018 |
| Dec 18, 2017 | $0.024 | Dec 29, 2017 |
| Dec 15, 2008 | $0.150 | Dec 30, 2008 |
News
China Could Derail Japan's Fragile Recovery
The IMF, the World Bank, and the United Nations all rank China and Japan as the second and third largest economies on the planet. More of what is occurring in the markets should reflect what is happen...
Fed May Still Lose Its Inflation Battle, Short The Dollar With UDN
Inflationary pressures could rise the rest of 2023, with a potential uptick in basic food and energy prices increasing headline numbers toward the existing core rate of 4.8% annually. The hardest part...
UDN: Volatility Reigns, But The Dollar Should Remain King In 2023
Chinese authorities seem to be promoting the yuan internationally to counter the "weaponization" of the dollar by the U.S. government. In this case, you can short the greenback through the Invesco DB ...
UDN: The Reasons For Selling The Rally In The U.S. Dollar Index
There was a significant U.S. dollar correction from the September 2022 two-decade high as the market expected the Fed to curb its enthusiasm for rate hikes. The dollar index has bounced back to the in...
UUP And UDN As The Dollar Index Approaches Technical Support
The dollar index rose to the highest level in two decades when it ran out of upside steam. The technical resistance became the support, and the dollar index is approaching the critical downside level.
UDN: ETF To Hedge Against U.S. Dollar Peak
Given our core view that inflation has peaked and that Fed tightening will end in Q1 2023, we see scope for dollar weakness in the medium term. We see value in enhancing portfolio performance by hedgi...
UDN: The Dollar Index Could Continue To Correct
The dollar index reached a two-decade high in July, where it ran out of upside steam. Interest rate differentials and the war in Ukraine pushed the dollar higher against other reserve currencies.
Relative Safety And Liquidity Top Priority In 2022
With the US central bank tightening monetary conditions the most in decades, US treasury yields are relatively higher than most developed countries. As economic weakness and financial turmoil spread i...
The Strong Dollar: II
The value of the U.S. dollar has risen even further in recent days, showing the risk-off nature of investors now seeking safety for their funds.
The 'Strong' Dollar
For now, the U.S. dollar is strengthening and getting stronger as "risk-averse" monies flow into the United States and as the Fed moves ahead of other central banks.
U.S. Dollar Stronger: Federal Reserve Versus Other Central Banks
The value of the U.S. dollar continues to rise, not because of what the Federal Reserve is doing but because of what other major central banks are not doing. Finally, after a year of debating about wh...
U.S. Dollar Loses Favor Among Retail Investors Preferring Tighter Monetary Policy
Retail investors trading instruments linked to currency pairs on the exchange in November indicated a positive outlook for the Canadian and Australian dollars, as well as the British pound, against th...
Federal Reserve Watch: Fed Keeps Reserves Into Commercial Banks
The commercial banking system now maintains the largest amount of reserve balances it has ever held, thanks to the effort of the Federal Reserve System. Because of this liquidity in the banks, short-t...
Foreign Central Banks Have Already Begun The Tightening Cycle
Since 2010, emerging market central bank tightening has usually been followed by a weaker dollar and rising gold prices the next six months. The Federal Reserve's days of easy money policy could be co...
Invesco DB US Dollar Index Bearish Fund: Greenback Woes
UDN is ideal for investors looking to prosper from bearish movements of the USD relative to six other G10 currencies.
U.S. Dollar Continues To Fall In Value
The recent news out of the U.K. seems to have resulted in a further decline in the value of the U.S. dollar, a decline now in its 14th month. The fall in the dollar's value seems to be pretty much "ac...
Dollar Weakening, Inflation Potential, Adding To Gold - Market Strategy Weekly - January 15, 2021
Despite some of the concerning headlines and weaker economic data of late, we remain broadly encouraged by the bullish combination of our recovering economy transitioning towards expansion and the abu...
The Dollar's Place In The World Is Shifting Over Time
I don't know about the next 3-6 months, but longer-term, conditions still look ripe for a weaker dollar.