Invesco CurrencyShares Japanese Yen 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

FXY$57.72-0.6%Stored close · as of Nov 10, 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
Japanese Yen deposits, interest bearing	$333,632,940	$312,587,509
Subscriptions Receivable	5,750,541	—
Total Assets	$339,383,481	$312,587,509
Liabilities
Accrued Sponsor's fee	$108,868	$99,069
Accrued interest expense on currency deposits	11	50,137
Total Liabilities	108,879	149,206
Commitments and Contingent Liabilities (Note 8)
Redeemable Capital Shares and Shareholders’ Equity
Redeemable Capital Shares, at redemption value, no par value, 5,900,000 and 4,750,000 issued and outstanding, respectively	339,274,602	312,438,303
Shareholders’ Equity:
Retained Earnings	—	—
Total Liabilities, Redeemable Capital Shares and Shareholders’ Equity	$339,383,481	$312,587,509

Statements of Comp rehensive 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	$—	$—	$—	$—
Total Income	—	—	—	—
Expenses
Sponsor’s fee	(352,593)	(256,042)	(658,150)	(480,675)
Interest Expense on currency deposits	(121)	(129,901)	(155,536)	(243,876)
Total Expenses	(352,714)	(385,943)	(813,686)	(724,551)
Net Comprehensive Income (Loss)	$(352,714)	$(385,943)	$(813,686)	$(724,551)
Basic and Diluted Earnings (Loss) per Share	$(0.06)	$(0.10)	$(0.15)	$(0.21)
Weighted-average Shares Outstanding	5,978,571	3,800,549	5,466,484	3,530,663

For the Three Months Ended June 30, 2024

	Retained Earnings	Total Shareholders' Equity	Shares	Redeemable Capital Shares
Balance at March 31, 2024	$—	$—	5,600,000	$342,609,417
Purchases of Shares	—	—	800,000	47,915,771
Redemption of Shares	—	—	(500,000)	(29,481,303)
Net Increase (Decrease) due to Share Transactions	—	—	300,000	18,434,468
Net Comprehensive Income (Loss)	(352,714)	(352,714)	—	—
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	352,714	352,714	—	(352,714)
Adjustment of Redeemable Capital Shares to Redemption Value	—	—	—	(21,416,569)
Balance at June 30, 2024	$—	$—	5,900,000	$339,274,602

For the Three Months Ended June 30, 2023

	Retained Earnings	Total Shareholders' Equity	Shares	Redeemable Capital Shares
Balance at March 31, 2023	$—	$—	3,150,000	$220,474,802
Purchases of Shares	—	—	1,400,000	96,226,985
Redemption of Shares	—	—	(1,050,000)	(69,196,044)
Net Increase (Decrease) due to Share Transactions	—	—	350,000	27,030,941
Net Comprehensive Income (Loss)	(385,943)	(385,943)	—	—
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	385,943	385,943	—	(385,943)
Adjustment of Redeemable Capital Shares to Redemption Value	—	—	—	(21,884,455)
Balance at June 30, 2023	$—	$—	3,500,000	$225,235,345

For the Six Months Ended June 30, 2024

	Retained Earnings	Total Shareholders' Equity	Shares	Redeemable Capital Shares
Balance at December 31, 2023	$—	$—	4,750,000	$312,438,303
Purchases of Shares	—	—	1,900,000	116,253,234
Redemption of Shares	—	—	(750,000)	(45,193,464)
Net Increase (Decrease) due to Share Transactions	—	—	1,150,000	71,059,770
Net Comprehensive Income (Loss)	(813,686)	(813,686)	—	—
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	813,686	813,686	—	(813,686)
Adjustment of Redeemable Capital Shares to Redemption Value	—	—	—	(43,409,785)
Balance at June 30, 2024	$—	$—	5,900,000	$339,274,602

For the Six Months Ended June 30, 2023

	Retained Earnings	Total Shareholders' Equity	Shares	Redeemable Capital Shares
Balance at December 30, 2022	$—	$—	2,650,000	$187,364,894
Purchases of Shares	—	—	2,450,000	170,933,652
Redemption of Shares	—	—	(1,600,000)	(107,763,792)
Net Increase (Decrease) due to Share Transactions	—	—	850,000	63,169,860
Net Comprehensive Income (Loss)	(724,551)	(724,551)	—	—
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	724,551	724,551	—	(724,551)
Adjustment of Redeemable Capital Shares to Redemption Value	—	—	—	(24,574,858)
Balance at June 30, 2023	$—	$—	3,500,000	$225,235,345

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)	$(813,686)	$(724,551)
Adjustments to reconcile net comprehensive income (loss) to net cash provided by (used in) operating activities:
Change in operating assets and liabilities:
Accrued Sponsor’s fee	9,799	23,304
Accrued interest expense	(50,126)	11,876
Net cash provided by (used in) operating activities	(854,013)	(689,371)
Cash flows from financing activities
Proceeds from purchases of redeemable capital Shares	110,502,693	164,502,258
Redemptions of redeemable capital Shares	(45,193,464)	(107,763,792)
Net cash provided by (used in) financing activities	65,309,229	56,738,466
Effect of exchange rate on cash	(43,409,785)	(24,578,863)
Net change in cash	21,045,431	31,470,232
Cash at beginning of period	312,587,509	187,461,552
Cash at end of period	$333,632,940	$218,931,784
Supplemental disclosure of cash flow information
Cash paid for interest	$205,662	$232,000

ContentsView on SEC.gov

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