Invesco Frontier Markets ETF
FRN
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- IPO Date
- Jan 1, 2008
- CIK
- 0001365662
- Similar Companies
- Business
- Invesco Frontier Markets ETF (FRN) is an exchange-traded fund that seeks investment results corresponding generally to the performance of the Bank of New York Mellon New Frontier DR Index (the Frontier Index), prior to the fund's fees and expenses. The fund normally invests at least 80% of its total assets in American depositary receipts (ADRs) and global depositary receipts (GDRs) comprising the index or the underlying stocks, with an additional focus on securities of issuers from frontier market countries; these depositary receipts trade on major exchanges including the London Stock Exchange, New York Stock Exchange, NYSE Arca, NYSE American, and Nasdaq. It targets equity exposure to less-developed emerging markets classified as frontier economies, such as those in Africa, Asia, Latin America, and the Middle East, providing investors diversified access through a passive, index-tracking strategy with a net expense ratio of 0.70% and assets under management of approximately $52 million. Launched in June 2008 under the Claymore/BNY Mellon Frontier Markets ETF name and headquartered in Atlanta, Georgia, as part of Invesco Ltd.'s extensive ETF lineup, FRN underwent a significant reorganization in April 2018 when Guggenheim Funds Investment Advisors reorganized the predecessor Guggenheim Frontier Markets ETF into the Invesco-branded series following Guggenheim's sale of its ETF business to Invesco Ltd. in late 2017. No major acquisitions, funding rounds, new product launches, or strategic shifts specific to FRN have been announced in the last 1-2 years, though Invesco as issuer has pursued broader ETF enhancements, including the May 2025 launch of three new active ETFs (Invesco QQQ Hedged Advantage ETF, Invesco Comstock Contrarian Equity ETF, and Invesco Managed Futures Strategy ETF) and various index or name changes across its U.S. and international product lines to align with client demand and market evolution. The fund maintains its core passive strategy without recent operational alterations, focusing on quarterly rebalancing of its depositary receipt holdings.