# Invesco US Treasury Bond 3-7 Year UCITS ETF AccumUSD (TR7X) **Page:** https://fundology.uk/fund/tr7x · ISIN IE00BF2FNR50 ## 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, TR7X (Invesco US Treasury Bond 3-7 Year UCITS ETF AccumUSD, ISIN IE00BF2FNR50) closed at £32.95 on the London Stock Exchange. Its ongoing charge is 0.06% a year (about £6 on £10,000). Over the year to 13/11/2026 its total return was −1.9%, or −5.4% after UK CPIH inflation. ## Summary Invesco US Treasury Bond 3-7 Year UCITS ETF AccumUSD is an exchange-traded fund (ETF) from Invesco, launched in 2024. 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 reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. Latest close: **£32.95** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | TR7X | | ISIN | IE00BF2FNR50 | | Also listed as | TR7A (London Stock Exchange, US dollars) | | Category | Government bonds | | Type | ETF | | Provider | Invesco | | Tracks | Bloomberg US Treasury (3-7 Y) | | Income | Accumulating | | Ongoing charge | 0.06% a year (£6 per £10,000) | | Fund size | £38.0m | | Launched | 2024 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 20/02/2024 | ## 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% | -5.37% | 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 AccumUSD in pounds (price, with income reinvested in the fund): 2025 −1.4%; 2026 to 13/11/2026 +0.6%. Returns of Invesco US Treasury Bond 3-7 Year UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −0.1%; to 30/09/2025: +3.0%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2025 | -1.4% | -4.8% | Price | | 2026 to 13/11/2026 | +0.6% | -2.6% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 5.31% | -4.34% | ## Largest fall Volatility of Invesco US Treasury Bond 3-7 Year UCITS ETF AccumUSD in pounds, annualised from weekly returns to 13/11/2026: 5.3% over 1 year. Largest fall in the price of Invesco US Treasury Bond 3-7 Year UCITS ETF AccumUSD since February 2024, in pounds: −7.3% from 17/01/2025 to 13/06/2025. The lowest 12-month return of Invesco US Treasury Bond 3-7 Year UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund) since February 2024 was −3.5% (12 months to 30/01/2026); the highest was +6.8% (12 months to 26/06/2026). On 13/11/2026 the price of Invesco US Treasury Bond 3-7 Year UCITS ETF AccumUSD was 2.6% below its highest weekly close since February 2024 (17/01/2025), in pounds. ## Charges compared with similar funds Ongoing charge of Invesco US Treasury Bond 3-7 Year UCITS ETF AccumUSD 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 | 0.06% | -1.9% | +4.7% | +2.8% | | Invesco US Treasury Bond 3-7 Year UCITS ETF AccumUSD (this fund) | 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, TR7X 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/tr7x/holdings ## Questions people ask **What is the ongoing charge of TR7X?** The ongoing charge of TR7X 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 AccumUSD 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 TR7X track?** TR7X tracks the Bloomberg US Treasury (3-7 Y). **Is TR7X accumulating or distributing?** TR7X is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of TR7X?** The ISIN of TR7X is IE00BF2FNR50. An ISIN identifies one exact share class of a fund; TR7X is its ticker on the London Stock Exchange. The same share class is also listed as TR7A (London Stock Exchange, US dollars). **What does TR7X hold?** As of 12/11/2026, TR7X 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 TR7X’s returns in each of the last five years?** Calendar-year returns of TR7X in pounds (price, with income reinvested in the fund): 2025 −1.4%; 2026 to 13/11/2026 +0.6%. Past performance is not a guide to future returns. **How has TR7X done after inflation?** Over the year to 13/11/2026 TR7X’s total return was −1.9%, or −5.4% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.