Invesco CurrencyShares Euro Trust

For the period ended Jun 30, 2024. Filed Aug 7, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 7, 2024

FXE$103.55+0.8%Stored close · as of Nov 9, 2026

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Contents

Item 1. Financial Statements

Statements of Financial Condition

June 30, 2024 and December 31, 2023

	June 30, 2024	December 31, 2023
Assets
Euro deposits, interest bearing	$173,046,893	$214,030,570
Subscriptions receivable	—	5,095,966
Cash due from Depository	3,228	154,445
Receivable from accrued interest	381,965	505,646
Total Assets	$173,432,086	$219,786,627
Liabilities
Euro deposits, non-interest bearing, overdrawn	$12,204	$152,031
Accrued Sponsor’s fee	58,365	73,957
Total Liabilities	70,569	225,988
Commitments and Contingent Liabilities (Note 8)
Redeemable Capital Shares and Shareholders’ Equity
Redeemable Capital Shares, at redemption value, no par value, 1,750,000 and 2,150,000 issued and outstanding, respectively	173,361,517	219,560,639
Shareholders' Equity:
Retained Earnings	—	—
Total Liabilities, Redeemable Capital Shares and Shareholders' Equity	$173,432,086	$219,786,627

Statements of Comprehensive Income

For the Three and Six Months Ended June 30, 2024 and 2023

	Three Months Ended June 30,		Six Months Ended June 30,
	2024	2023	2024	2023
Income
Interest Income	$1,261,926	$1,390,857	$2,685,488	$2,301,382
Total Income	1,261,926	1,390,857	2,685,488	2,301,382
Expenses
Sponsor's fee	(186,725)	(283,503)	(394,660)	(568,282)
Total Expenses	(186,725)	(283,503)	(394,660)	(568,282)
Net Comprehensive Income (Loss)	$1,075,201	$1,107,354	$2,290,828	$1,733,100
Basic and Diluted Earnings (Loss) per Share	$0.58	$0.39	$1.16	$0.61
Weighted-average Shares Outstanding	1,865,385	2,812,637	1,972,527	2,858,840

For the Three Months Ended June 30, 2024

Retained Earnings · Total Shareholders' Equity · Shares · Redeemable Capital Shares
Balance at March 31, 2024	$—	$—	2,000,000		$199,682,780
Purchases of Shares	—	—	300,000		29,866,935
Redemption of Shares	—	—	(550,000)		(54,668,542)
Net Increase (Decrease) due to Share Transactions	—	—	(250,000)		(24,801,607)
Distributions	(1,110,826)	(1,110,826)		—
Net Comprehensive Income (Loss)	1,075,201	1,075,201	—		—
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	35,625	35,625	—		(35,625)
Adjustment of Redeemable Capital Shares to Redemption Value	—	—	—		(1,484,031)
Balance at June 30, 2024	$—	$—	1,750,000		$173,361,517

For the Three Months Ended June 30, 2023

Retained Earnings · Total Shareholders' Equity · Shares · Redeemable Capital Shares
Balance at March 31, 2023	$—	$—	2,650,000		$265,893,230
Purchases of Shares	—	—	400,000		40,561,022
Redemption of Shares	—	—	(550,000)		(55,309,911)
Net Increase (Decrease) due to Share Transactions	—	—	(150,000)		(14,748,889)
Distributions	(974,205)	(974,205)		—
Net Comprehensive Income (Loss)	1,107,354	1,107,354	—		—
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	(133,149)	(133,149)	—		133,149
Adjustment of Redeemable Capital Shares to Redemption Value	—	—	—		720,942
Balance at June 30, 2023	$—	$—	2,500,000		$251,998,432

For the Six Months Ended June 30, 2024

Retained Earnings · Total Shareholders' Equity · Shares · Redeemable Capital Shares
Balance at December 31, 2023	$—	$—	2,150,000		$219,560,639
Purchases of Shares	—	—	500,000		49,904,684
Redemption of Shares	—	—	(900,000)		(89,695,306)
Net Increase (Decrease) due to Share Transactions	$—	$—	(400,000)		$(39,790,622)
Distributions	(2,330,279)	(2,330,279)		—
Net Comprehensive Income (Loss)	2,290,828	2,290,828		—
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	39,451	39,451		(39,451)
Adjustment of Redeemable Capital Shares to Redemption Value	—	—		(6,369,049)
Balance at June 30, 2024	$—	$—	1,750,000		$173,361,517

For the Six Months Ended June 30, 2023

Retained Earnings · Total Shareholders' Equity · Shares · Redeemable Capital Shares
Balance at December 31, 2022	$—	$—	2,900,000		$285,606,461
Purchases of Shares	—	—	750,000		75,017,103
Redemption of Shares	—	—	(1,150,000)		(115,014,404)
Net Increase (Decrease) due to Share Transactions	$—	$—	(400,000)		$(39,997,301)
Distributions	(1,370,672)	(1,370,672)		—
Net Comprehensive Income (Loss)	1,733,100	1,733,100		—
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	(362,428)	(362,428)		362,428
Adjustment of Redeemable Capital Shares to Redemption Value	—	—		6,026,844
Balance at June 30, 2023	$—	$—	2,500,000		$251,998,432

Statements of Cash Flows

For the Six Months Ended June 30, 2024 and 2023

	Six Months Ended June 30,
	2024	2023
Cash flows from operating activities
Net Comprehensive Income (Loss)	$2,290,828	$1,733,100
Adjustments to reconcile net comprehensive income (loss) to net cash provided by (used in) operating activities:
Change in operating assets and liabilities:
Receivable from accrued interest	123,681	(317,734)
Accrued Sponsor's fee	(15,592)	(18,100)
Cash due from Depository	151,217	—
Net cash provided by (used in) operating activities	2,550,134	1,397,266
Cash flows from financing activities
Distributions paid to shareholders	(2,330,279)	(1,370,672)
Proceeds from purchases of redeemable capital Shares	55,027,871	75,017,103
Redemptions of redeemable capital Shares	(89,695,306)	(115,014,404)
Increase (decrease) in payable for Euro deposits overdrawn	(139,828)	35,673
Net cash provided by (used in) financing activities	(37,137,542)	(41,332,300)
Effect of exchange rate on cash	(6,396,269)	6,026,844
Net change in cash	(40,983,677)	(33,908,190)
Cash at beginning of period	214,030,570	285,555,944
Cash at end of period	$173,046,893	$251,647,754
Supplemental disclosure of cash flow information
Cash paid for interest	$—	$—

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.