Item 5. Market for Registrant’s Common Equity
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Market Information
The Shares began trading on the New York Stock Exchange on June 26, 2006 under the symbol “FXC”. The primary listing of the Shares was transferred to NYSE Arca on October 30, 2007.
Holders
As of January 31, 2021, the Trust had 67 holders of record of its Shares.
Sales of Unregistered Securities and Use of Proceeds of Registered Securities
(a) There have been no unregistered sales of the Shares. No Shares are authorized for issuance by the Trust under equity compensation plans.
(b) Not applicable.
(c) Although the Trust did not redeem Shares directly from its shareholders, the Trust redeemed Baskets from Authorized Participants during the three months ended December 31, 2020 as follows:
Period of Redemption
Total Number
of Shares
Redeemed
Average Price
Paid per
Share
October 1, 2020 to October 31, 2020
50,000
$
73.81
November 1, 2020 to November 30, 2020
50,000
$
75.29
December 1, 2020 to December 31, 2020
50,000
$
76.84
Total
150,000
$
75.31
ITEM 6. SELECTED FINANCIAL DATA
On January 9, 2019, the Sponsor changed the Trust’s fiscal year from the period beginning on November 1 and ending on October 31 to the period beginning on January 1 and ending on December 31. The following table summarizes the relevant 2020, 2019, 2018, 2017 and 2016 financial data for the Trust and should be read in conjunction with the Trust’s financial statements, and the notes and schedules related thereto, which are included in this Report.
Fiscal Years Ended
December 31,
Two Months
Ended
December 31,
Fiscal Years Ended October 31,
2020
2019
2018
2018
2017
2016
Interest Income
$
298,875
$
1,477,677
$
280,820
$
1,216,895
$
294,707
$
23,285
Net Comprehensive Income (Loss)
$
(195,074
)
$
972,026
$
178,060
$
552,933
$
(461,969
)
$
(810,823
)
Basic and Diluted Earnings (Loss) per Share
$
(0.12
)
$
0.57
$
0.09
$
0.26
$
(0.18
)
$
(0.29
)
Cash Dividends per Share
$
0.15
$
0.58
$
0.09
$
0.22
$
0.01
$
—
Net Increase (Decrease) in Cash
$
40,289,457
$
(37,764,437
)
$
(9,679,463
)
$
(18,263,780
)
$
(19,603,012
)
$
(20,733,647
)
As of December 31,
As of October 31,
2020
2019
2018
2018
2017
2016
Redeemable Capital Shares at
Redemption Value
$
150,539,263
$
117,963,792
$
162,583,352
$
157,833,312
$
176,007,716
$
195,544,021
Total Assets
$
150,588,080
$
118,009,062
$
162,633,908
$
157,887,433
$
176,067,888
$
195,609,315
9
Selected Quarterly Financial Data (Unaudited)
For the Three Months Ended
December 31,
2020
September 30,
2020
June 30,
2020
March 31,
2020
Interest Income
$
—
$
—
$
—
$
298,875
Net Comprehensive Income (Loss)
$
(140,413
)
$
(128,082
)
$
(109,564
)
$
182,985
Basic and Diluted Earnings (Loss) per Share (1)
$
(0.08
)
$
(0.07
)
$
(0.07
)
$
0.12
Cash Dividends per Share (1)
$
—
$
—
$
—
$
0.15
(1) The amount shown for a Share outstanding for quarterly statements may not correlate with year to date amounts due to timing of subscriptions and redemptions in relation to income earned or distributed.
For the Three Months Ended
December 31,
2019
September 30,
2019
June 30,
2019
March 31,
2019
Interest Income
$
336,088
$
352,263
$
367,075
$
422,251
Net Comprehensive Income (Loss)
$
218,590
$
229,098
$
244,462
$
279,876
Basic and Diluted Earnings (Loss) per Share (1)
$
0.14
$
0.14
$
0.15
$
0.15
Cash Dividends per Share (1)
$
0.14
$
0.15
$
0.15
$
0.13
(1) The amount shown for a Share outstanding for quarterly statements may not correlate with year to date amounts due to timing of subscriptions and redemptions in relation to income earned or distributed.
10
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.