Invesco CurrencyShares Japanese Yen Trust

For the period ended Sep 30, 2024. Filed Nov 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.

Sep 30, 2024 · Filed Nov 7, 2024

FXY$58.04+0.4%Stored close · as of Nov 9, 2026

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Contents

Item 1. Financial Statements

Statements of Financial Condition

September 30, 2024 and December 31, 2023

	September 30, 2024	December 31, 2023
Assets
Japanese Yen deposits, interest bearing	$455,591,911	$312,587,509
Subscriptions Receivable	12,920,958	—
Total Assets	$468,512,869	$312,587,509
Liabilities
Accrued Sponsor's fee	$139,433	$99,069
Accrued interest expense on currency deposits	—	50,137
Total Liabilities	139,433	149,206
Commitments and Contingent Liabilities (Note 8)
Redeemable Capital Shares and Shareholders’ Equity
Redeemable Capital Shares, at redemption value, no par value, 7,250,000 and 4,750,000 issued and outstanding, respectively	468,373,436	312,438,303
Shareholders’ Equity:
Retained Earnings	—	—
Total Liabilities, Redeemable Capital Shares and Shareholders’ Equity	$468,512,869	$312,587,509

Statements of Comp rehensive Income

For the Three and Nine Months Ended September 30, 2024 and 2023

	Three Months Ended September 30,		Nine Months Ended September 30,
	2024	2023	2024	2023
Income
Interest Income	$—	$—	$—	$—
Total Income	—	—	—	—
Expenses
Sponsor’s fee	(386,753)	(225,955)	(1,044,903)	(706,630)
Interest Expense on currency deposits	—	(114,487)	(155,536)	(358,363)
Total Expenses	(386,753)	(340,442)	(1,200,439)	(1,064,993)
Net Comprehensive Income (Loss)	$(386,753)	$(340,442)	$(1,200,439)	$(1,064,993)
Basic and Diluted Earnings (Loss) per Share	$(0.06)	$(0.10)	$(0.21)	$(0.30)
Weighted-average Shares Outstanding	6,232,065	3,477,717	5,723,540	3,512,821

Statements of Changes in Shareholders’ Equity and Redeemable Capital Shares

For the Three Months Ended September 30, 2024 and 2023

	Retained Earnings	Total Shareholders' Equity	Shares	Redeemable Capital Shares
Balance at June 30, 2024	$—	$—	5,900,000	$339,274,602
Purchases of Shares	—	—	1,650,000	104,987,903
Redemption of Shares	—	—	(300,000)	(19,273,963)
Net Increase (Decrease) due to Share Transactions	—	—	1,350,000	85,713,940
Net Comprehensive Income (Loss)	(386,753)	(386,753)	—	—
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	386,753	386,753	—	(386,753)
Adjustment of Redeemable Capital Shares to Redemption Value	—	—	—	43,771,647
Balance at September 30, 2024	$—	$—	7,250,000	$468,373,436

	Retained Earnings	Total Shareholders' Equity	Shares	Redeemable Capital Shares
Balance at June 30, 2023	$—	$—	3,500,000	$225,235,345
Purchases of Shares	—	—	650,000	41,813,071
Redemption of Shares	—	—	(650,000)	(41,855,952)
Net Increase (Decrease) due to Share Transactions	—	—	—	(42,881)
Net Comprehensive Income (Loss)	(340,442)	(340,442)	—	—
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	340,442	340,442	—	(340,442)
Adjustment of Redeemable Capital Shares to Redemption Value	—	—	—	(7,027,598)
Balance at September 30, 2023	$—	$—	3,500,000	$217,824,424

Statements of Changes in Shareholders’ Equity and Redeemable Capital Shares

For the Nine Months Ended September 30, 2024 and 2023

	Retained Earnings	Total Shareholders' Equity	Shares	Redeemable Capital Shares
Balance at December 31, 2023	$—	$—	4,750,000	$312,438,303
Purchases of Shares	—	—	3,550,000	221,241,137
Redemption of Shares	—	—	(1,050,000)	(64,467,427)
Net Increase (Decrease) due to Share Transactions	—	—	2,500,000	156,773,710
Net Comprehensive Income (Loss)	(1,200,439)	(1,200,439)	—	—
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	1,200,439	1,200,439	—	(1,200,439)
Adjustment of Redeemable Capital Shares to Redemption Value	—	—	—	361,862
Balance at September 30, 2024	$—	$—	7,250,000	$468,373,436

	Retained Earnings	Total Shareholders' Equity	Shares	Redeemable Capital Shares
Balance at December 31, 2022	$—	$—	2,650,000	$187,364,894
Purchases of Shares	—	—	3,100,000	212,746,723
Redemption of Shares	—	—	(2,250,000)	(149,619,744)
Net Increase (Decrease) due to Share Transactions	—	—	850,000	63,126,979
Net Comprehensive Income (Loss)	(1,064,993)	(1,064,993)	—	—
Adjustment of Redeemable Capital Shares to Redemption Value related to Retained Earnings	1,064,993	1,064,993	—	(1,064,993)
Adjustment of Redeemable Capital Shares to Redemption Value	—	—	—	(31,602,456)
Balance at September 30, 2023	$—	$—	3,500,000	$217,824,424

Statements of Cash Flows

For the Nine Months Ended September 30, 2024 and 2023

	Nine Months Ended September 30,
	2024	2023
Cash flows from operating activities
Net Comprehensive Income (Loss)	$(1,200,439)	$(1,064,993)
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	40,364	6,099
Accrued interest expense	(50,137)	3,093
Net cash provided by (used in) operating activities	(1,210,212)	(1,055,801)
Cash flows from financing activities
Proceeds from purchases of redeemable capital Shares	208,308,648	212,746,723
Redemptions of redeemable capital Shares	(64,467,427)	(149,619,744)
Net cash provided by (used in) financing activities	143,841,221	63,126,979
Effect of exchange rate on cash	373,393	(31,602,456)
Net change in cash	143,004,402	30,468,722
Cash at beginning of period	312,587,509	187,461,552
Cash at end of period	$455,591,911	$217,930,274
Supplemental disclosure of cash flow information
Cash paid for interest	$205,673	$355,270

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.