Invesco QQQ Trust Series 1 Shareholders to Vote on Proposal to Convert Fund Structure and Lower Fees at Upcoming Special Meeting
**Invesco QQQ Trust Series 1 Proposes Fund Modernization at Upcoming Shareholder Meeting** Invesco QQQ Trust Series 1 has called a special shareholder meeting for October 24, 2025, to vote on key proposals aimed at modernizing the fund. The main proposal seeks to amend the Trust's governing documents to convert it from a unit investment trust to an open-end fund, a move expected to lower fees by 10% without changing investment exposure or triggering a taxable event. Shareholders will also vote on electing nine trustees to a new Board and approving an investment advisory agreement with Invesco Capital Management LLC. The Trust recommends shareholders vote in favor of these proposals.
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