Profile
USTB profile facts
Invesco Short Duration US Government Securities Fund (USTB) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar-denominated NAV.
- Collateral
- Short-duration U.S. Treasury bills held by The Bank of New York Mellon, with holdings disclosed publicly and liquidity available each market day; managed by Invesco Advisers, Inc.
- Peg mechanism
- NAV-accreting fund share token (not pegged to $1); NAV/S started at $10.000000 and uses continuous pricing based on linear extrapolation of prior market-day valuations; subscriptions and redemptions use USD or USDC; immediate USDC redemptions are subject to available liquidity, and USD redemptions have a 1pm ET same-day cutoff
- Jurisdiction
- United States / SEC / Reg D Rule 506(c); Delaware Statutory Trust; restricted to U.S. Qualified Purchasers and Accredited Investors
- Proof of reserves
- Independent Audit by PricewaterhouseCoopers LLP (fund auditor); public holdings and on-chain NAV provide daily transparency Reserve source
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
USTB quick answers
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What is Invesco Short Duration US Government Securities Fund (USTB)?
USTB is Invesco's tokenized short-duration Treasury fund, managed by Invesco Advisers on Superstate infrastructure for accredited investors. The static profile records its US Dollar-denominated NAV accounting mechanism as: NAV-accreting fund share token (not pegged to $1); NAV/S started at $10.000000 and uses continuous pricing based on linear extrapolation of prior market-day valuations; subscriptions and redemptions use USD or USDC; immediate USDC redemptions are subject to available liquidity, and USD redemptions have a 1pm ET same-day cutoff.
Is USTB safe?
As of Oct 24, 2026, Pharos grades USTB B (73/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances, and direct redemption is limited to whitelisted primary-market participants. That grade is in the Score's upper band, which does not rule out losses. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs USTB?
Pharos records USTB's reserves as of Jul 9, 2026 as 100% Short-duration U.S. government securities. Reserve evidence: Independent Audit. Pharos classifies the backing as Real-World Asset Backed.
Can USTB be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded.
How do you redeem USTB?
Under the route Pharos reviewed on Aug 12, 2026, whitelisted primary-market participants can redeem USTB for USDC. Redemption settles atomically on-chain. The reviewed terms charge no percentage redemption fee. Whether a given holder qualifies is set by the route's own terms, not by this summary.
