Invesco QQQ Trust Series 1 Shareholders to Vote on Proposal to Convert Fund Structure and Lower Fees at Upcoming Special Meeting
Reuters
Oct 07
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.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Invesco QQQ Trust Series 1 published the original content used to generate this news brief on October 07, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.