Invesco CurrencyShares® Australian Dollar Trust reported significant financial developments in its latest 10-Q filing for the period ending June 30, 2025. The Trust's total assets increased to $97.4 million, up from $64.5 million at the end of the previous fiscal year. This growth was primarily driven by a rise in Australian Dollar deposits, which reached $97.3 million, compared to $64.3 million at the end of 2024. The Trust's net comprehensive income for the second quarter of 2025 was $249,297, a decrease from $264,239 in the same period of 2024. For the first half of 2025, net comprehensive income totaled $474,878, down from $558,580 in the prior year.
The Trust's expenses also saw an increase, with the sponsor's fee rising to $80,491 for the second quarter, compared to $68,161 in the same quarter of 2024. Despite the increase in expenses, the Trust's basic and diluted earnings per share were $0.20 for the second quarter of 2025, down from $0.25 in the same quarter of the previous year. The weighted average shares outstanding increased to 1,278,022 from 1,050,000, reflecting a net increase in redeemable capital shares to 1,500,000 as of June 30, 2025.
Operationally, the Trust has maintained a steady focus on its investment objective, which is to reflect the price of the Australian Dollar in U.S. Dollars while minimizing expenses. The Trust's interest income for the first half of 2025 was $617,487, down from $702,396 in the same period of 2024. The interest rate on the primary deposit account was reported at 1.52% as of June 30, 2025. The Trust's cash position improved significantly, with cash at the end of the period totaling $97.3 million, compared to $69.4 million at the end of June 2024.
Looking ahead, the Trust's management noted that market conditions, including fluctuations in the Australian Dollar and global economic uncertainties, could impact future performance. The Trust's reliance on Australian Dollar deposits exposes it to concentration risk, particularly with respect to exchange rate fluctuations. The management remains cautious, emphasizing that while the Trust aims to provide a cost-effective means for investors to gain exposure to the Australian Dollar, it does not insulate investors from market volatility. The Trust's forward-looking statements indicate a commitment to monitoring these risks closely as it navigates the evolving economic landscape.
About Invesco CurrencyShares Australian Dollar Trust
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