# Invesco US Treasury Bond 3-7 Year UCITS ETF (TR7G)

**Page:** https://fundology.uk/fund/tr7g · ISIN IE00BF2FNQ44

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, TR7G (Invesco US Treasury Bond 3-7 Year UCITS ETF, ISIN IE00BF2FNQ44) closed at £27.67 on the London Stock Exchange. Its ongoing charge is 0.06% a year (about £6 on £10,000). Over the five years to 13/11/2026 its total return was +2.8%, or −19.7% after UK CPIH inflation.

## Summary

Invesco US Treasury Bond 3-7 Year UCITS ETF is an exchange-traded fund (ETF) from Invesco, launched in 2019. It tracks the Bloomberg US Treasury (3-7 Y). You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.06% a year — about £6 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year.

Latest close: **£27.67** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | TR7G |
| ISIN | IE00BF2FNQ44 |
| Also listed as | TRE7 (London Stock Exchange, US dollars), TRD7 (Xetra, euros) |
| Category | Government bonds |
| Type | ETF |
| Provider | Invesco |
| Tracks | Bloomberg US Treasury (3-7 Y) |
| Income | Distributing |
| Ongoing charge | 0.06% a year (£6 per £10,000) |
| Fund size | £84.0m |
| Launched | 2019 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 11/01/2019 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -1.89% | -5.36% | income reinvested |
| 3 years | +4.71% | -5.40% | income reinvested |
| 5 years | +2.84% | -19.73% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Invesco US Treasury Bond 3-7 Year UCITS ETF in pounds (price only, income paid out not included): 2022 −0.3%, 2023 −5.0%, 2024 +0.5%, 2025 −5.4%; 2026 to 13/11/2026 −2.5%. Returns of Invesco US Treasury Bond 3-7 Year UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −4.1%; to 30/09/2025: −1.2%; to 30/09/2024: −4.6%; to 30/09/2023: −10.8%; to 30/09/2022: +6.7%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -0.3% | -8.7% | Price |
| 2023 | -5.0% | -8.7% | Price |
| 2024 | +0.5% | -3.0% | Price |
| 2025 | -5.4% | -8.6% | Price |
| 2026 to 13/11/2026 | -2.5% | -5.6% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 5.72% | -8.17% |
| 3 years | 6.66% | -11.40% |
| 5 years | 7.53% | -21.40% |

## Largest fall

Volatility of Invesco US Treasury Bond 3-7 Year UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 5.7% over 1 year, 6.7% over 3 years, 7.5% over 5 years. Largest fall in the price of Invesco US Treasury Bond 3-7 Year UCITS ETF since November 2021, in pounds: −21.4% from 23/09/2022 to 11/09/2026. The lowest 12-month return of Invesco US Treasury Bond 3-7 Year UCITS ETF in pounds (price only, income paid out not included) since January 2021 was −12.9% (12 months to 14/07/2023); the highest was +9.6% (12 months to 23/09/2022). On 13/11/2026 the price of Invesco US Treasury Bond 3-7 Year UCITS ETF was 19.6% below its highest weekly close since November 2021 (23/09/2022), in pounds.

## Charges compared with similar funds

Ongoing charge of Invesco US Treasury Bond 3-7 Year UCITS ETF 0.06% a year. Compared on 14/11/2026, 272 of the 311 other government bond funds charge more, 26 the same and 13 less (share classes counted once).

## Funds tracking the same index

7 funds track Bloomberg US Treasury (3-7 Y), this one included and share classes counted once; their ongoing charges range from 0.05% to 0.15% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi US Treasury Bond 3-7Y UCITS ETF -Monthly Hedged to GBP - Dist- Distribution | 0.06% | -4.4% | +1.9% | — |
| Invesco US Treasury Bond 3-7 Year UCITS ETF (this fund) | 0.06% | -1.9% | +4.7% | +2.8% |
| Invesco US Treasury Bond 3-7 Year UCITS ETF AccumUSD | 0.06% | -1.9% | — | — |
| Invesco US Treasury Bond 3-7 Year UCITS ETF GBP Hedged | 0.13% | -1.3% | +9.8% | -1.3% |
| Multi Units Luxembourg SICAV - Amundi US Treasury Bond 3-7Y UCITS ETF -Dist- Distribution | 0.06% | -2.0% | +4.6% | +2.7% |
| SSgA SPDR ETFs Europe I Plc - Blmb. 3-7 Year U.S. Tre. Bd. Accum USD | 0.05% | — | — | — |
| State Street SPDR Bloomberg 3-7 Year U.S. Treasury Bond UCITS ETF USD | 0.15% | -1.5% | +2.6% | +2.7% |

Returns are as reported, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.06%** per year (as of 13/11/2026)
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 12/11/2026, TR7G holds 89 positions, according to its published holdings. The largest is US Tsy N/B 3.875% 15/08/33 at 2.05% of the fund; the ten largest make up 19.4%.

### Top holdings

Largest positions (as of 12/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | US Tsy N/B 3.875% 15/08/33 | — | 2.05% |
| 2 | US Tsy N/B 4% 28/02/30 | — | 2.05% |
| 3 | US Tsy N/B 0.875% 15/11/30 | — | 1.99% |
| 4 | US Tsy N/B 2.875% 15/05/32 | — | 1.95% |
| 5 | US Tsy N/B 4.125% 15/11/32 | — | 1.94% |
| 6 | US Tsy N/B 1.25% 15/08/31 | — | 1.92% |
| 7 | US Tsy N/B 3.375% 15/05/33 | — | 1.89% |
| 8 | US Tsy N/B 1.375% 15/11/31 | — | 1.88% |
| 9 | US Tsy N/B 1.875% 15/02/32 | — | 1.87% |
| 10 | US Tsy N/B 1.625% 15/05/31 | — | 1.84% |

All 89 holdings: https://fundology.uk/fund/tr7g/holdings

## Questions people ask

**What is the ongoing charge of TR7G?**

The ongoing charge of TR7G is 0.06% a year — about £6 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Invesco US Treasury Bond 3-7 Year UCITS ETF 0.06% a year. Compared on 14/11/2026, 272 of the 311 other government bond funds charge more, 26 the same and 13 less (share classes counted once).

**What does TR7G track?**

TR7G tracks the Bloomberg US Treasury (3-7 Y).

**Is TR7G accumulating or distributing?**

TR7G is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.

**What is the ISIN of TR7G?**

The ISIN of TR7G is IE00BF2FNQ44. An ISIN identifies one exact share class of a fund; TR7G is its ticker on the London Stock Exchange. The same share class is also listed as TRE7 (London Stock Exchange, US dollars) and TRD7 (Xetra, euros).

**What does TR7G hold?**

As of 12/11/2026, TR7G holds 89 positions, according to its published holdings. The largest is US Tsy N/B 3.875% 15/08/33 at 2.05% of the fund; the ten largest make up 19.4%. Its ten largest holdings are US Tsy N/B 3.875% 15/08/33 (2.05%), US Tsy N/B 4% 28/02/30 (2.05%), US Tsy N/B 0.875% 15/11/30 (1.99%), US Tsy N/B 2.875% 15/05/32 (1.95%), US Tsy N/B 4.125% 15/11/32 (1.94%), US Tsy N/B 1.25% 15/08/31 (1.92%), US Tsy N/B 3.375% 15/05/33 (1.89%), US Tsy N/B 1.375% 15/11/31 (1.88%), US Tsy N/B 1.875% 15/02/32 (1.87%) and US Tsy N/B 1.625% 15/05/31 (1.84%).

**What were TR7G’s returns in each of the last five years?**

Calendar-year returns of TR7G in pounds (price only, income paid out not included): 2022 −0.3%, 2023 −5.0%, 2024 +0.5%, 2025 −5.4%; 2026 to 13/11/2026 −2.5%. Past performance is not a guide to future returns.

**How has TR7G done after inflation?**

Over the five years to 13/11/2026 TR7G’s total return was +2.8%, or −19.7% after UK CPIH inflation. Past performance is not a guide to future returns.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.