$UDN
INVESCO DB US DOLLAR INDEX BEARISH FUND

2017 Q1 Form 10-Q Financial Statement

#000156459017009479 Filed on May 09, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q4 2016 Q1
Revenue $43.17K $25.33K
YoY Change 70.42%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $67.42K $86.06K
YoY Change -21.66% 11.65%
Operating Profit -$23.14K -$60.73K
YoY Change -61.9% -18.5%
Interest Expense $65.00 $255.00
YoY Change -74.51%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings $624.3K $2.019M
YoY Change -69.07% -152.0%
Net Earnings / Revenue 1446.18% 7968.41%
Basic Earnings Per Share $0.37 $0.92
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 1.800M 2.200M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2017 Q1 2016 Q4 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $3.086M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $37.55M $32.78M
YoY Change -23.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $28.41K $27.35K
YoY Change -99.39%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $37.52M $32.75M $49.16M
YoY Change
Total Liabilities & Shareholders Equity $37.55M $32.78M
YoY Change -23.88%

Cashflow Statement

Concept 2017 Q1 2016 Q4 2016 Q1
OPERATING ACTIVITIES
Net Income $624.3K $2.019M
YoY Change -69.07% -152.0%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $4.145M -$4.272M
YoY Change -197.02% 3.97%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
32749139
CY2017Q1 us-gaap Realized Gain Loss On Marketable Securities Cost Method Investments And Other Investments
RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
232612
CY2016Q1 us-gaap Realized Gain Loss On Marketable Securities Cost Method Investments And Other Investments
RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
522272
CY2017Q1 us-gaap Investment Owned Percent Of Net Assets
InvestmentOwnedPercentOfNetAssets
1.0001
CY2017Q1 us-gaap Professional Fees
ProfessionalFees
65186
CY2016Q1 us-gaap Professional Fees
ProfessionalFees
82219
CY2017Q1 us-gaap Operating Expenses
OperatingExpenses
67424
CY2017Q1 udn Management Fee Waived
ManagementFeeWaived
1115
CY2017Q1 udn Operating Expenses Net
OperatingExpensesNet
66309
CY2016Q1 udn Operating Expenses Net
OperatingExpensesNet
86062
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-23139
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-60730
CY2016Q1 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
-320
CY2017Q1 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
232612
CY2016Q1 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
522592
CY2017Q1 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
416115
CY2016Q1 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
1551012
CY2017Q1 us-gaap Unrealized Gain Loss On Marketable Securities Cost Method Investments And Other Investments
UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
414842
CY2016Q1 us-gaap Unrealized Gain Loss On Marketable Securities Cost Method Investments And Other Investments
UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
1557015
CY2017Q1 us-gaap Gain Loss On Investments
GainLossOnInvestments
647454
CY2016Q1 us-gaap Gain Loss On Investments
GainLossOnInvestments
2079287
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
624315
CY2017Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
4144930
CY2017Q1 us-gaap Stockholders Equity Period Increase Decrease
StockholdersEquityPeriodIncreaseDecrease
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CY2017Q1 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
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CY2016Q4 us-gaap Due From Affiliates
DueFromAffiliates
452
CY2016Q4 us-gaap Assets
Assets
32776491
CY2016Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
22842
CY2017Q1 us-gaap Assets
Assets
37546791
CY2017Q1 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
23408
CY2017Q1 us-gaap Due From Affiliates
DueFromAffiliates
1087
CY2017Q1 us-gaap Commissions Payable To Broker Dealers And Clearing Organizations
CommissionsPayableToBrokerDealersAndClearingOrganizations
4999
CY2016Q4 us-gaap Liabilities
Liabilities
27352
CY2017Q1 us-gaap Liabilities
Liabilities
28407
CY2016Q4 us-gaap Commissions Payable To Broker Dealers And Clearing Organizations
CommissionsPayableToBrokerDealersAndClearingOrganizations
4510
CY2017Q1 us-gaap Investments In And Advances To Affiliates At Fair Value
InvestmentsInAndAdvancesToAffiliatesAtFairValue
2541926
CY2016Q4 us-gaap Investments In And Advances To Affiliates At Fair Value
InvestmentsInAndAdvancesToAffiliatesAtFairValue
1502575
CY2016Q4 us-gaap Receivables From Clearing Organizations
ReceivablesFromClearingOrganizations
134300
CY2017Q1 us-gaap Limited Partners Capital Account
LimitedPartnersCapitalAccount
37517550
CY2016Q4 us-gaap Limited Partners Capital Account
LimitedPartnersCapitalAccount
32748320
CY2016Q4 us-gaap Financial Instruments Owned Us Government And Agency Obligations At Fair Value
FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue
30970236
CY2017Q1 dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2017Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
1800000
CY2017Q1 us-gaap Financial Instruments Owned Us Government And Agency Obligations At Fair Value
FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue
34979122
CY2017Q1 us-gaap Dividend Income Operating
DividendIncomeOperating
2975
CY2016Q1 us-gaap Floor Brokerage Exchange And Clearance Fees
FloorBrokerageExchangeAndClearanceFees
3588
CY2016Q1 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
6003
CY2016Q1 us-gaap Operating Expenses
OperatingExpenses
86062
CY2016Q1 us-gaap Interest Income Operating
InterestIncomeOperating
25332
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
2018557
CY2016Q1 us-gaap Interest Expense
InterestExpense
255
CY2016Q4 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
1600000
CY2017Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2016Q4 us-gaap General Partners Capital Account Units Outstanding
GeneralPartnersCapitalAccountUnitsOutstanding
40
CY2017Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
43170
CY2016Q4 udn Market Value Per Share
MarketValuePerShare
20.46
CY2016Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
32776491
CY2017Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
37546791
CY2017Q1 udn Market Value Per Share
MarketValuePerShare
20.82
CY2016Q4 us-gaap General Partners Capital Account
GeneralPartnersCapitalAccount
819
CY2017Q1 us-gaap General Partners Capital Account Units Outstanding
GeneralPartnersCapitalAccountUnitsOutstanding
40
CY2017Q1 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
1800000
CY2017Q1 us-gaap General Partners Capital Account
GeneralPartnersCapitalAccount
834
CY2017Q1 us-gaap Receivables From Clearing Organizations
ReceivablesFromClearingOrganizations
24656
CY2016Q4 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
32472811
CY2017Q1 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
37523382
CY2016Q4 udn Net Asset Value Per Share
NetAssetValuePerShare
20.47
CY2017Q1 udn Net Asset Value Per Share
NetAssetValuePerShare
20.84
CY2016Q4 us-gaap Cash
Cash
168928
CY2017Q1 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
37521048
CY2016Q4 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
32473872
CY2017Q1 us-gaap Stockholders Equity
StockholdersEquity
37518384
CY2017Q1 udn Stockholders Equity Period Increase Decrease Due To Share Transactions
StockholdersEquityPeriodIncreaseDecreaseDueToShareTransactions
4144930
CY2017Q1 us-gaap Interest Income Operating
InterestIncomeOperating
40195
CY2016Q4 us-gaap Investment Owned Percent Of Net Assets
InvestmentOwnedPercentOfNetAssets
0.9916
CY2017Q1 us-gaap Floor Brokerage Exchange And Clearance Fees
FloorBrokerageExchangeAndClearanceFees
2173
CY2017Q1 us-gaap Interest Expense
InterestExpense
65
CY2016Q4 us-gaap Financial Instruments Owned At Fair Value
FinancialInstrumentsOwnedAtFairValue
32585235
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
38565777
CY2016Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
12855909
CY2016Q1 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
4282026
CY2016Q1 udn Stockholders Equity Period Increase Decrease Due To Share Transactions
StockholdersEquityPeriodIncreaseDecreaseDueToShareTransactions
8573883
CY2016Q1 us-gaap Stockholders Equity Period Increase Decrease
StockholdersEquityPeriodIncreaseDecrease
10592440
CY2016Q1 us-gaap Stockholders Equity
StockholdersEquity
49158217
CY2017Q1 us-gaap Payments For Purchase Of Securities Operating Activities
PaymentsForPurchaseOfSecuritiesOperatingActivities
20969964
CY2016Q1 us-gaap Payments For Purchase Of Securities Operating Activities
PaymentsForPurchaseOfSecuritiesOperatingActivities
45960108
CY2017Q1 us-gaap Proceeds From Sale Of Securities Operating Activities
ProceedsFromSaleOfSecuritiesOperatingActivities
17000000
CY2016Q1 us-gaap Proceeds From Sale Of Securities Operating Activities
ProceedsFromSaleOfSecuritiesOperatingActivities
36499591
CY2017Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
6979998
CY2017Q1 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
5940647
CY2017Q1 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
-40195
CY2016Q1 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
-25332
CY2017Q1 udn Unrealized Gain Loss On Marketable Securities Affiliated Investments And Derivatives And Commodity Contracts
UnrealizedGainLossOnMarketableSecuritiesAffiliatedInvestmentsAndDerivativesAndCommodityContracts
-1273
CY2016Q1 udn Unrealized Gain Loss On Marketable Securities Affiliated Investments And Derivatives And Commodity Contracts
UnrealizedGainLossOnMarketableSecuritiesAffiliatedInvestmentsAndDerivativesAndCommodityContracts
6003
CY2017Q1 udn Increase Decrease In Variation Margin
IncreaseDecreaseInVariationMargin
-109644
CY2016Q1 udn Increase Decrease In Variation Margin
IncreaseDecreaseInVariationMargin
276991
CY2017Q1 us-gaap Increase Decrease In Dividends Receivable
IncreaseDecreaseInDividendsReceivable
635
CY2017Q1 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
566
CY2016Q1 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
1599
CY2017Q1 us-gaap Increase Decrease In Payables To Broker Dealers
IncreaseDecreaseInPayablesToBrokerDealers
489
CY2016Q1 us-gaap Increase Decrease In Payables To Broker Dealers
IncreaseDecreaseInPayablesToBrokerDealers
701
CY2017Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-4313858
CY2016Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-7747666
CY2017Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
4144930
CY2016Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
12855909
CY2016Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
8583790
CY2017Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
4144930
CY2016Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
4272119
CY2017Q1 us-gaap Cash Period Increase Decrease
CashPeriodIncreaseDecrease
-168928
CY2016Q1 us-gaap Cash Period Increase Decrease
CashPeriodIncreaseDecrease
-3475547
CY2015Q4 us-gaap Cash
Cash
6561288
CY2016Q1 us-gaap Cash
Cash
3085741
CY2017Q1 us-gaap Interest Paid
InterestPaid
65
CY2016Q1 us-gaap Interest Paid
InterestPaid
255
CY2017Q1 us-gaap Nature Of Operations
NatureOfOperations
<div> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">(3) Fund Investment Overview</p> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">The Fund establishes short positions in certain futures contracts (the &#8220;DX Contracts&#8221;) with a view to tracking the changes, whether positive or negative, in the level of the Deutsche Bank Short USD Currency Portfolio Index&#8211;Excess Return<sup style="font-size:85%; vertical-align:top">TM</sup> (the &#8220;Short Index&#8221; or the &#8220;Index&#8221;) over time. The Index was renamed effective January 17, 2017. Prior to January 17, 2017, the Index was known as the Deutsche Bank Short US Dollar Index (USDX&#174;) Futures Index&#8211;Excess Return<sup style="font-size:85%; vertical-align:top">TM</sup>. The Index, as renamed, is identical to the Index prior to January 17, 2017, except with respect to the name of the Index. The inception date, all prior underlying formulae, data (e.g., closing levels, measure of volatility, all other numerical statistics and measures) and all other characteristics (e.g., Base Date, Index Sponsor, inception date, rolling, etc.) with respect to the Index, on and after January 17, 2017, remained identical to the Index prior to January 17, 2017. The performance of the Fund also is intended to reflect the excess, if any, of the sum of the Fund&#8217;s interest income from its holdings of United States Treasury Obligations (&#8220;Treasury Income&#8221;), dividends from its holdings in money market mutual funds (affiliated or otherwise) (&#8220;Money Market Income&#8221;) and dividends or distributions of capital gains from its holdings of T-Bill ETFs (as defined below) (&#8220;T-Bill ETF Income&#8221;) over the expenses of the Fund.&nbsp;&nbsp;The Fund gains an exposure to United States Treasury Obligations through an investment in exchange-traded funds (affiliated or otherwise) that track indexes that measure the performance of United States Treasury Obligations with a maximum remaining maturity of up to 12 months (&#8220;T-Bill ETFs&#8221;). For the avoidance of doubt, the Fund invests in futures contracts in an attempt to track its Index.&nbsp;&nbsp;The Fund holds United States Treasury Obligations, money market mutual funds (affiliated or otherwise) and T-Bill ETFs (affiliated or otherwise), if any, for margin and/or cash management purposes only.</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Index is calculated to reflect the changes in market value over time, whether positive or negative, of short positions in DX Contracts. DX Contracts are traded through the currency markets of ICE Futures U.S. (formerly known as the New York Board of Trade<sup style="font-size:85%; vertical-align:top">&#174;</sup>), under the symbol &#8220;DX.&#8221; The changes in market value over time, whether positive or negative, of the DX Contracts are related to the changes, whether positive or negative, in the level of the U.S.&#160;Dollar Index<sup style="font-size:85%; vertical-align:top">&#174;</sup> (the &#8220;USDX<sup style="font-size:85%; vertical-align:top">&#174;</sup>&#8221;). The Index provides a general indication of the international value of the U.S. dollar relative to the six major world currencies (each an &#8220;Index Currency,&#8221; and collectively, the &#8220;Index Currencies&#8221;), which comprise the USDX<sup style="font-size:85%; vertical-align:top">&#174;</sup>&#8212;Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc.</p></div>
CY2017Q1 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="margin-top:12pt;margin-bottom:0pt;margin-left:4.54%;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">(b) Use of Estimates</p> <p style="margin-top:6pt;margin-bottom:0pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">The preparation of the financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, revenues and expenses and related disclosure of contingent assets and liabilities during the reporting period of the financial statements and accompanying notes. Actual results could differ from those estimates. </p></div>
CY2014Q4 udn Number Of Series Of Trusts
NumberOfSeriesOfTrusts
2
CY2017Q1 us-gaap Business Acquisition Date Of Acquisition Agreement1
BusinessAcquisitionDateOfAcquisitionAgreement1
2015-02-23
CY2006Q3 udn Number Of Series Of Trusts
NumberOfSeriesOfTrusts
2
CY2006Q3 us-gaap Partners Capital Account Contributions
PartnersCapitalAccountContributions
1000
CY2006Q3 us-gaap General Partners Capital Account Units Outstanding
GeneralPartnersCapitalAccountUnitsOutstanding
40
CY2017Q1 udn Minimum Number Of Baskets Of Shares That Can Be Purchased
MinimumNumberOfBasketsOfSharesThatCanBePurchased
1
CY2017Q1 udn Number Of Shares Issued Per Basket
NumberOfSharesIssuedPerBasket
200000
CY2017Q1 udn Maximum Remaining Maturity Period Of Treasury Bills For Which Indexes Tracked To Measure Performance
MaximumRemainingMaturityPeriodOfTreasuryBillsForWhichIndexesTrackedToMeasurePerformance
P12M
CY2017Q1 udn Management Fee Per Annum Of Daily Net Assets
ManagementFeePerAnnumOfDailyNetAssets
0.0075
CY2017Q1 us-gaap Investment Owned Unrecognized Unrealized Appreciation Depreciation Net
InvestmentOwnedUnrecognizedUnrealizedAppreciationDepreciationNet
528539
CY2017Q1 us-gaap Financial Instruments Owned At Fair Value
FinancialInstrumentsOwnedAtFairValue
38049587
CY2017Q1 udn Average Charges Paid To Broker Per Round Turn Trade Maximum
AverageChargesPaidToBrokerPerRoundTurnTradeMaximum
6.00
CY2016Q1 udn Average Charges Paid To Broker Per Round Turn Trade Maximum
AverageChargesPaidToBrokerPerRoundTurnTradeMaximum
6.00
CY2017Q1 udn Minimum Number Of Baskets Of Shares That Can Be Redeemed
MinimumNumberOfBasketsOfSharesThatCanBeRedeemed
1
CY2017Q1 us-gaap Distributed Earnings
DistributedEarnings
0
CY2016Q1 us-gaap Distributed Earnings
DistributedEarnings
0
CY2015Q4 udn Net Asset Value Per Share
NetAssetValuePerShare
21.42
CY2017Q1 udn Gain Loss On Investments Per Share
GainLossOnInvestmentsPerShare
0.38
CY2016Q1 udn Gain Loss On Investments Per Share
GainLossOnInvestmentsPerShare
0.95
CY2017Q1 udn Net Investment Income Loss Per Share
NetInvestmentIncomeLossPerShare
-0.01
CY2016Q1 udn Net Investment Income Loss Per Share
NetInvestmentIncomeLossPerShare
-0.03
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.37
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.92
CY2016Q1 udn Net Asset Value Per Share
NetAssetValuePerShare
22.34
CY2015Q4 udn Market Value Per Share
MarketValuePerShare
21.43
CY2016Q1 udn Market Value Per Share
MarketValuePerShare
22.34
CY2017Q1 udn Average Net Assets To Net Investment Income Loss
AverageNetAssetsToNetInvestmentIncomeLoss
-0.0027
CY2016Q1 udn Average Net Assets To Net Investment Income Loss
AverageNetAssetsToNetInvestmentIncomeLoss
-0.0055
CY2017Q1 udn Average Net Assets To Expenses After Waivers
AverageNetAssetsToExpensesAfterWaivers
0.0076
CY2016Q1 udn Average Net Assets To Expenses After Waivers
AverageNetAssetsToExpensesAfterWaivers
0.0078
CY2017Q1 udn Average Net Assets To Expenses Prior To Waivers
AverageNetAssetsToExpensesPriorToWaivers
0.0078
CY2016Q1 udn Average Net Assets To Expenses Prior To Waivers
AverageNetAssetsToExpensesPriorToWaivers
0.0078
CY2017Q1 udn Return At Net Asset Value
ReturnAtNetAssetValue
0.0181
CY2016Q1 udn Return At Net Asset Value
ReturnAtNetAssetValue
0.0429
CY2017Q1 udn Return At Market Value
ReturnAtMarketValue
0.0176
CY2016Q1 udn Return At Market Value
ReturnAtMarketValue
0.0425
CY2016Q4 us-gaap Investment Owned Unrecognized Unrealized Appreciation Depreciation Net
InvestmentOwnedUnrecognizedUnrealizedAppreciationDepreciationNet
112424
CY2016Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
25332

Files In Submission

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udn-ex311_9.htm Edgar Link pending
udn-ex312_7.htm Edgar Link pending
udn-ex313_12.htm Edgar Link pending
udn-ex314_6.htm Edgar Link pending
udn-ex321_13.htm Edgar Link pending
udn-ex322_8.htm Edgar Link pending
udn-ex323_11.htm Edgar Link pending
udn-ex324_10.htm Edgar Link pending