THE SECURITIES ACT OF 1933 | ☐ |
Pre-Effective Amendment No. | ☐ |
Post-Effective Amendment No. 739 | ☒ |
THE INVESTMENT COMPANY ACT OF 1940 | ☐ |
Amendment No. 740 | ☒ |
Alan
P. Goldberg
Stradley Ronon Stevens & Young LLP 191 North Wacker Drive, Suite 1601 Chicago, Illinois 60606 |
Eric
S. Purple
Stradley Ronon Stevens & Young LLP 2000 K Street, NW, Suite 700 Washington, DC 20006 |
It is proposed that this filing will become effective (check appropriate box) | |
☒ | immediately upon filing pursuant to paragraph (b) |
☐ | on (date) pursuant to paragraph (b) |
☐ | 60 days after filing pursuant to paragraph (a) |
☐ | on (date) pursuant to paragraph (a) |
☐ | 75 days after filing pursuant to paragraph (a)(2) |
☐ | on (date) pursuant to paragraph (a)(2) of rule 485 |
If appropriate, check the following box: | |
☐ | This post-effective amendment designates a new effective date for a previously filed post-effective amendment. |
Prospectus | February 28, 2020 |
CQQQ | Invesco China Technology ETF | NYSE Arca, Inc. |
... | |
Summary Information | 1 |
Invesco China Technology ETF | 1 |
... | |
Additional Information About the Fund’s Strategies and Risks | 4 |
... | |
Tax Structure of ETFs | 10 |
... | |
Portfolio Holdings | 10 |
... | |
Management of the Fund | 10 |
... | |
How to Buy and Sell Shares | 11 |
... | |
Frequent Purchases and Redemptions of Shares | 11 |
... | |
Dividends, Other Distributions and Taxes | 11 |
... | |
Distributor | 13 |
... | |
Net Asset Value | 13 |
... | |
Fund Service Providers | 14 |
... | |
Financial Highlights | 15 |
... | |
Index Provider | 16 |
... | |
Disclaimers | 16 |
... | |
Premium/Discount Information | 16 |
... | |
Other Information | 16 |
Annual
Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment) |
|
Management Fees | 0.70% |
... | |
Other Expenses | 0.00% |
... | |
Total Annual Fund Operating Expenses | 0.70% |
... |
1 Year | 3 Years | 5 Years | 10 Years |
$72 | $224 | $390 | $871 |
1 Year | 5 Years | 10 Years | |
Return Before Taxes | 32.46% | 9.92% | 8.67% |
Return After Taxes on Distributions | 32.45% | 9.42% | 8.15% |
Return After Taxes on Distributions and Sale of Fund Shares | 19.21% | 7.60% | 6.79% |
... | |||
FTSE
China Incl A 25% Technology Capped Index(1) (Net)
(reflects reinvested dividends net of withholding taxes, but reflects no deductions for fees, expenses or other taxes) |
N/A | N/A | N/A |
... | |||
Blended
- FTSE China Incl A 25% Technology Capped Index(2) (Net)
(reflects reinvested dividends net of withholding taxes, but reflects no deductions for fees, expenses or other taxes) |
33.10% | 9.79% | 8.75% |
... | |||
MSCI
China Index (Net)
(reflects reinvested dividends net of withholding taxes, but reflects no deductions for fees, expenses or other taxes) |
23.46% | 7.49% | 5.34% |
... |
(1) | Performance information is not available for periods prior to the Underlying Index’s commencement date of March 18, 2019. |
(2) | The Blended - FTSE China Incl A 25% Technology Capped Index (Net) reflects the performance of the AlphaShares China Technology Index, the former underlying index, prior to June 22, 2019, and the Underlying Index thereafter. |
Name | Title with Adviser/Trust |
Date
Began
Managing the Fund |
Peter Hubbard | Director of Portfolio Management of the Adviser and Vice President of the Trust | April 2018 |
... | ||
Michael Jeanette | Senior Portfolio Manager of the Adviser | April 2018 |
... | ||
Tony Seisser | Portfolio Manager of the Adviser | April 2018 |
... | ||
Pratik Doshi | Portfolio Manager of the Adviser | February 2020 |
... |
■ | Peter Hubbard, Director of Portfolio Management of the Adviser, has been responsible for the management of certain Funds in the Invesco family of ETFs since June 2007 and has been associated with the Adviser since 2005. |
■ | Michael Jeanette, Senior Portfolio Manager of the Adviser, has been responsible for the management of certain Funds in the Invesco family of ETFs since August 2008 and has been associated with the Adviser since 2008. |
■ | Tony Seisser, Portfolio Manager of the Adviser, has been responsible for the management of certain Funds in the Invesco family of ETFs since August 2014 and has been associated with the Adviser since 2013. |
■ | Pratik Doshi, Portfolio Manager of the Adviser, has been responsible for the management of certain Funds in the Invesco family of ETFs since October 2019 and has been associated with the Adviser since 2018. Prior to joining the Adviser, Mr. Doshi earned his MBA from the University of Chicago from 2016 to 2018. Prior to that, Mr. Doshi was a Vice President at Bank of America-Merrill Lynch from 2014 to 2016. |
Fund | Management Fee |
Invesco China Technology ETF(1) | 0.70% |
... |
(1) | The Adviser has agreed to waive a portion of its Management Fee to the extent necessary to prevent the Fund’s operating expenses (excluding interest expenses, brokerage commissions and other trading expenses, Acquired Fund Fees and Expenses, if any, taxes and litigation expenses, and extraordinary expenses) from exceeding the Management Fee through at least May 18, 2020. |
■ | The Fund earns income generally in the form of dividends or interest on its investments. This income, less expenses incurred in the operation of the Fund, constitutes the Fund’s net investment income from which dividends may be paid to shareholders. If you are a taxable investor, distributions of net investment income generally are taxable to you as ordinary income. |
■ | Distributions of net short-term capital gains are taxable to you as ordinary income. A Fund with a high portfolio turnover rate (a measure of how frequently assets within the Fund are bought and sold) is more likely to generate short-term capital gains than a Fund with a low portfolio turnover rate. For ETFs for which in-kind redemptions are the primary redemption mechanism, a Fund may be less likely to sell securities in order to generate cash for redeeming shareholders, which a mutual fund might do. This provides a greater opportunity for ETFs to defer the recognition of gain on appreciated securities which it may hold thereby reducing the distribution of capital gains to its shareholders. |
■ | Distributions of net long-term capital gains are taxable to you as long-term capital gains no matter how long you have owned your Shares. |
■ | A portion of income dividends paid by the Fund may be reported as qualified dividend income eligible for taxation by individual shareholders at long-term capital gain rates, provided certain holding period requirements are met. These reduced rates generally are available for dividends derived from the Fund’s investment in stocks of domestic corporations and qualified foreign corporations. In the case of a Fund that invests primarily in debt securities, either none or only a nominal portion of the dividends paid by the Fund will be eligible for taxation at these reduced rates. |
■ | The use of derivatives by the Fund may cause the Fund to realize higher amounts of ordinary income or short-term capital gain, distributions from which are taxable to individual shareholders at ordinary income tax rates rather than at the more favorable tax rates for long-term capital gain. |
■ | Distributions declared to shareholders with a record date in December–if paid to you by the end of January–are taxable for federal income tax purposes as if received in December. |
■ | Any long-term or short-term capital gains realized on the sale of your Shares will be subject to federal income tax. |
■ | A shareholder’s cost basis information will be provided on the sale of any of the shareholder’s Shares, subject to certain exceptions for exempt recipients. Please contact the broker (or other nominee) that holds your Shares with respect to reporting of cost basis and available elections for your account. |
■ | At the time you purchase your Shares, the Fund's NAV may reflect undistributed income or undistributed capital gains. A subsequent distribution to you of such amounts, although constituting a return of your investment, would be taxable. Buying Shares in the Fund just before it declares an income dividend or capital gains distribution is sometimes known as “buying a dividend.” In addition, the Fund’s NAV may, at any time, reflect net unrealized appreciation, which may result in future taxable distributions to you. |
■ | By law, if you do not provide the Fund with your proper taxpayer identification number and certain required certifications, you may be subject to backup withholding on any distributions of income, capital gains, or proceeds from the sale of your Shares. The Fund also must withhold if the IRS instructs it to do so. When withholding is required, the amount will be 24% of any distributions or proceeds paid. |
■ | An additional 3.8% Medicare tax is imposed on certain net investment income (including ordinary dividends and capital gain distributions received from the Fund and net gains from redemptions or other taxable dispositions of Shares) of U.S. individuals, estates and trusts to the extent that such person’s “modified adjusted gross income” (in the case of an individual) or “adjusted gross income” (in the case of an estate or trust) exceeds a threshold amount. This Medicare tax, if applicable, is reported by you on, and paid with, your federal income tax return. |
■ | You will not be required to include the portion of dividends paid by the Fund derived from interest on U.S. government obligations in your gross income for purposes of personal and, in some cases, corporate income taxes in many state and local tax jurisdictions. The percentage of dividends that constitutes dividends derived from interest on federal obligations will be determined annually. This percentage may differ from the actual percentage of interest received by the Fund on federal obligations for the particular days on which you hold shares. |
■ | Fund distributions and gains from sale of Shares generally are subject to state and local income taxes. |
■ | If the Fund qualifies to pass through the tax benefits from foreign taxes it pays on its investments, and elects to do so, then any foreign taxes it pays on these investments may be passed through to you as a foreign tax credit. You will then be required to include your pro-rata share of these taxes in gross income, even though not actually received by you, and will be entitled either to deduct your share of these taxes in computing your taxable income, or to claim a foreign tax credit for these taxes against your U.S. federal income tax. |
■ | Foreign investors should be aware that U.S. withholding, special certification requirements to avoid U.S. backup withholding and claim any treaty benefits, and estate taxes may apply to an investment in the Fund. |
■ | Under the Foreign Account Tax Compliance Act (FATCA), a 30% withholding tax is imposed on income dividends made by the Fund to certain foreign entities referred to as foreign financial institutions or non-financial foreign entities, that fail to comply (or be deemed compliant) with extensive reporting and withholding requirements designed to inform the U.S. Department of the Treasury of U.S.-owned foreign investment accounts. After December 31, 2018, FATCA withholding also would have applied to certain capital gain distributions, return of capital distributions and the proceeds arising from the sale of Shares; however, based on proposed regulations recently issued by the IRS on which the Fund may rely, such withholding is no longer required unless final regulations provide otherwise (which is not expected). The Fund may disclose the information that it receives from its shareholders to the IRS, non-U.S. taxing authorities or other parties as necessary to comply with FATCA or similar laws. Withholding also may be required if a foreign entity that is a shareholder of the Fund fails to provide the Fund with appropriate certifications or other documentation concerning its status under FATCA. |
■ | If the Fund invests in an underlying fund taxed as a RIC, please see any relevant section below for more information regarding the Fund’s investment in such underlying fund. |
■ | Because of “noncash” expenses such as property depreciation, the cash flow of a REIT that owns properties will exceed its taxable income. The REIT, and in turn the Fund, may distribute this excess cash. Such a |
distribution is classified as a return of capital. Return of capital distributions generally are not taxable to you. Your cost basis in your Shares will be decreased by the amount of any return of capital. Any return of capital distributions in excess of your cost basis will be treated as capital gains. | |
■ | Dividends paid to shareholders from the Fund’s investments in U.S. REITs generally will not qualify for taxation at long-term capital gain rates applicable to qualified dividend income. |
■ | The Fund may derive “excess inclusion income” from certain equity interests in mortgage pooling vehicles either directly or through an investment in a U.S. REIT. Please see the SAI for a discussion of the risks and special tax consequences to shareholders in the event the Fund realizes excess inclusion income in excess of certain threshold amounts. |
■ | Under the Tax Cuts and Jobs Act, “qualified REIT dividends” (i.e., ordinary REIT dividends other than capital gain dividends and portions of REIT dividends designated as qualified dividend income) are treated as eligible for a 20% deduction by noncorporate taxpayers. Proposed regulations issued by the IRS, on which the Fund can rely, enable the Fund to pass through the special character of “qualified REIT dividends” to a shareholder, provided the shareholder meets certain holding period requirements with respect to their shares. |
■ | The Fund’s foreign shareholders should see the SAI for a discussion of the risks and special tax consequences to them from a sale of a U.S. real property interest by a REIT in which the Fund invests. |
Year
Ended October 31,
2019 |
Two
Months Ended
October 31, 2018 |
Years Ended August 31, | ||||
2018 | 2017 | 2016 | 2015 | |||
Per Share Operating Performance: | ||||||
Net asset value at beginning of period | $ 40.55 | $ 49.32 | $ 55.00 | $ 39.26 | $ 29.55 | $ 38.09 |
Net investment income(a) | 0.04 | 0.03 | 0.31 | 0.52 | 0.32 | 0.46 |
Net realized and unrealized gain (loss) on investments | 7.46 | (8.80) | (5.13) | 15.82 | 10.03 | (8.65) |
Total from investment operations | 7.50 | (8.77) | (4.82) | 16.34 | 10.35 | (8.19) |
Distributions to shareholders from: | ||||||
Net investment income | (0.17) | - | (0.86) | (0.60) | (0.64) | (0.35) |
Net asset value at end of period | $ 47.88 | $ 40.55 | $ 49.32 | $ 55.00 | $ 39.26 | $ 29.55 |
Market price at end of period | $ 47.67(b) | $ 40.81(b) | $ 49.36(b) | $ 55.21 | $ 39.08 | $ 29.31 |
Net Asset Value Total Return(c) | 18.59% | (17.78)% | (9.05)% | 42.43% | 35.19% | (21.62)% |
Market Price Total Return(c) | 17.32% | (17.32)% | (9.33)% | |||
Ratios/Supplemental Data: | ||||||
Net assets at end of period (000's omitted) | $509,964 | $405,541 | $384,689 | $209,019 | $45,153 | $45,804 |
Ratio to average net assets of: | ||||||
Expenses | 0.70% | 0.70% (d) | 0.65% | 0.70% | 0.70% | 0.70% |
Net investment income | 0.09% | 0.39% (d) | 0.52% | 1.20% | 0.94% | 1.20% |
Portfolio turnover rate(e) | 80% | 4% | 21% | 10% | 48% | 32% |
(a) | Based on average shares outstanding. |
(b) | The mean between the last bid and ask prices. |
(c) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
(d) | Annualized. |
(e) | Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
Call: |
Invesco
Distributors, Inc. at 1-800-983-0903
Monday through Friday 8:00 a.m. to 5:00 p.m. Central Time |
Write: |
Invesco
Exchange-Traded Fund Trust II
c/o Invesco Distributors, Inc. 11 Greenway Plaza, Suite 1000 Houston, Texas 77046-1173 |
Visit: | www.invesco.com/ETFs |
Prospectus | February 28, 2020 |
CGW | Invesco S&P Global Water Index ETF | NYSE Arca, Inc. |
... | |
Summary Information | 1 |
Invesco S&P Global Water Index ETF | 1 |
... | |
Additional Information About the Fund’s Strategies and Risks | 4 |
... | |
Tax Structure of ETFs | 10 |
... | |
Portfolio Holdings | 10 |
... | |
Management of the Fund | 10 |
... | |
How to Buy and Sell Shares | 11 |
... | |
Frequent Purchases and Redemptions of Shares | 11 |
... | |
Dividends, Other Distributions and Taxes | 12 |
... | |
Distributor | 13 |
... | |
Net Asset Value | 13 |
... | |
Fund Service Providers | 14 |
... | |
Financial Highlights | 15 |
... | |
Index Provider | 16 |
... | |
Disclaimers | 16 |
... | |
Premium/Discount Information | 16 |
... | |
Other Information | 16 |
Annual
Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment) |
|
Management Fees | 0.50% |
... | |
Other Expenses | 0.09% |
... | |
Total Annual Fund Operating Expenses | 0.59% |
... |
1 Year | 3 Years | 5 Years | 10 Years |
$60 | $189 | $329 | $738 |
1 Year | 5 Years | 10 Years | |
Return Before Taxes | 33.40% | 9.76% | 10.33% |
Return After Taxes on Distributions | 32.97% | 9.13% | 9.62% |
Return After Taxes on Distributions and Sale of Fund Shares | 20.14% | 7.47% | 8.16% |
... | |||
S&P
Global Water Index (Net)
(reflects reinvested dividends net of withholding taxes but reflects no deductions for fees, expenses or other taxes) |
33.86% | 10.05% | 10.66% |
... | |||
MSCI
EAFE® Index (Net)
(reflects reinvested dividends net of withholding taxes but reflects no deductions for fees, expenses or other taxes) |
22.01% | 5.67% | 5.50% |
... |
Name | Title with Adviser/Trust |
Date
Began
Managing the Fund |
Peter Hubbard | Director of Portfolio Management of the Adviser and Vice President of the Trust | April 2018 |
... | ||
Michael Jeanette | Senior Portfolio Manager of the Adviser | April 2018 |
... | ||
Tony Seisser | Portfolio Manager of the Adviser | April 2018 |
... | ||
Pratik Doshi | Portfolio Manager of the Adviser | February 2020 |
1. | All companies in the CIQ database with the term “water” in their business are identified. |
2. | From the resulting list, companies not belonging to the two clusters of the industry set forth earlier in this paragraph are excluded. |
3. | Based on a review of CIQ business description and industry classification, companies are put into three groups: |
• | Primary Set—Companies whose primary businesses are in the water industry. These are assigned an Exposure Score of 1. |
• | Secondary Set—Companies which operate in multiple industries, but have significant exposure to the water industry. These are assigned an Exposure Score of 0.5. |
• | Eliminated Set—Companies with marginal exposure to the water industry. These are assigned an Exposure Score of 0 and eliminated from consideration as Underlying Index constituents. |
1. | All companies in S&P’s CIQ industry classification involved in the water industry are identified by S&P DJI and scored based on relative exposure in the manner set forth above and classified into one of two clusters. |
2. | The companies are screened for those with a developed market listing and a total market capitalization and float-adjusted market capitalization of at least $250 million and $100 million, respectively. |
3. | 25 of the largest companies from each of the following two segments: water utilities and infrastructure companies and water equipment and materials companies, are selected based on a proprietary scoring metric that defines the relative exposure to the global water industry. |
4. | The Underlying Index uses a modified market cap weighting methodology. No single stock may have a weight of more than 10%. |
5. | Companies that are acquired or delisted are deleted throughout the year. There are no intra-reconstitution additions. |
6. | The Underlying Index is rebalanced semi-annually effective after the close of business of the third Fridays of April and October of each year, with a reference date for the data being the third Friday of the previous March and September, respectively. |
The Fund is rebalanced in accordance with the Underlying Index. |
■ | Peter Hubbard, Director of Portfolio Management of the Adviser, has been responsible for the management of certain Funds in the Invesco family of ETFs since June 2007 and has been associated with the Adviser since 2005. |
■ | Michael Jeanette, Senior Portfolio Manager of the Adviser, has been responsible for the management of certain Funds in the Invesco family of ETFs since August 2008 and has been associated with the Adviser since 2008. |
■ | Tony Seisser, Portfolio Manager of the Adviser, has been responsible for the management of certain Funds in the Invesco family of ETFs since August 2014 and has been associated with the Adviser since 2013. |
■ | Pratik Doshi, Portfolio Manager of the Adviser, has been responsible for the management of certain Funds in the Invesco family of ETFs since October 2019 and has been associated with the Adviser since 2018. Prior to joining the Adviser, Mr. Doshi earned his MBA from the University of Chicago from 2016 to 2018. Prior to that, Mr. Doshi was a Vice President at Bank of America-Merrill Lynch from 2014 to 2016. |
Fund | Management Fee |
Invesco S&P Global Water Index ETF | 0.50% |
... |
■ | The Fund earns income generally in the form of dividends or interest on its investments. This income, less expenses incurred in the operation of the Fund, constitutes the Fund’s net investment income from which dividends may be paid to shareholders. If you are a taxable investor, distributions of net investment income generally are taxable to you as ordinary income. |
■ | Distributions of net short-term capital gains are taxable to you as ordinary income. A Fund with a high portfolio turnover rate (a measure of how frequently assets within the Fund are bought and sold) is more likely to generate short-term capital gains than a Fund with a low portfolio turnover rate. For ETFs for which in-kind redemptions are the primary redemption mechanism, a Fund may be less likely to sell securities in order to generate cash for redeeming shareholders, which a mutual fund might do. This provides a greater opportunity for ETFs to defer the recognition of gain on appreciated securities which it may hold thereby reducing the distribution of capital gains to its shareholders. |
■ | Distributions of net long-term capital gains are taxable to you as long-term capital gains no matter how long you have owned your Shares. |
■ | A portion of income dividends paid by the Fund may be reported as qualified dividend income eligible for taxation by individual shareholders at long-term capital gain rates, provided certain holding period requirements are met. These reduced rates generally are available for dividends derived from the Fund’s investment in stocks of domestic corporations and qualified foreign corporations. In the case of a Fund that invests primarily in debt securities, either none or only a nominal portion of the dividends paid by the Fund will be eligible for taxation at these reduced rates. |
■ | The use of derivatives by the Fund may cause the Fund to realize higher amounts of ordinary income or short-term capital gain, distributions from which are taxable to individual shareholders at ordinary income tax rates rather than at the more favorable tax rates for long-term capital gain. |
■ | Distributions declared to shareholders with a record date in December–if paid to you by the end of January–are taxable for federal income tax purposes as if received in December. |
■ | Any long-term or short-term capital gains realized on the sale of your Shares will be subject to federal income tax. |
■ | A shareholder’s cost basis information will be provided on the sale of any of the shareholder’s Shares, subject to certain exceptions for exempt recipients. Please contact the broker (or other nominee) that holds your Shares with respect to reporting of cost basis and available elections for your account. |
■ | At the time you purchase your Shares, the Fund's NAV may reflect undistributed income or undistributed capital gains. A subsequent distribution to you of such amounts, although constituting a return of your investment, would be taxable. Buying Shares in the Fund just before it declares an income dividend or capital gains distribution is sometimes known as “buying a dividend.” In addition, the Fund’s NAV may, at any time, reflect net unrealized appreciation, which may result in future taxable distributions to you. |
■ | By law, if you do not provide the Fund with your proper taxpayer identification number and certain required certifications, you may be subject to backup withholding on any distributions of income, capital gains, or proceeds from the sale of your Shares. The Fund also must withhold if the IRS instructs it to do so. When withholding is required, the amount will be 24% of any distributions or proceeds paid. |
■ | An additional 3.8% Medicare tax is imposed on certain net investment income (including ordinary dividends and capital gain distributions received from the Fund and net gains from redemptions or other taxable dispositions of Shares) of U.S. individuals, estates and trusts to the extent that such person’s “modified adjusted gross income” (in the case of an individual) or “adjusted gross income” (in the case of an estate or trust) exceeds a threshold amount. This Medicare tax, if applicable, is reported by you on, and paid with, your federal income tax return. |
■ | You will not be required to include the portion of dividends paid by the Fund derived from interest on U.S. government obligations in your gross income for purposes of personal and, in some cases, corporate income taxes in many state and local tax jurisdictions. The percentage of dividends that constitutes dividends derived from interest on federal obligations will be determined annually. This percentage may differ from the actual percentage of interest received by the Fund on federal obligations for the particular days on which you hold shares. |
■ | Fund distributions and gains from sale of Shares generally are subject to state and local income taxes. |
■ | If the Fund qualifies to pass through the tax benefits from foreign taxes it pays on its investments, and elects to do so, then any foreign taxes it pays on these investments may be passed through to you as a foreign tax credit. You will then be required to include your pro-rata share of these taxes in gross income, even though not actually received by you, and will be entitled either to deduct your share of these taxes in computing your taxable income, or to claim a foreign tax credit for these taxes against your U.S. federal income tax. |
■ | Foreign investors should be aware that U.S. withholding, special certification requirements to avoid U.S. backup withholding and claim any treaty benefits, and estate taxes may apply to an investment in the Fund. |
■ | Under the Foreign Account Tax Compliance Act (FATCA), a 30% withholding tax is imposed on income dividends made by the Fund to certain foreign entities referred to as foreign financial institutions or non-financial foreign entities, that fail to comply (or be deemed compliant) with extensive reporting and withholding requirements designed to inform the U.S. Department of the Treasury of U.S.-owned foreign investment accounts. After December 31, 2018, FATCA withholding also would have applied to certain capital gain distributions, return of capital distributions and the proceeds arising from the sale of Shares; however, based on proposed regulations recently issued by the IRS on which the Fund may rely, such withholding is no longer required unless final regulations provide otherwise (which is not expected). The Fund may disclose the information that it receives from its shareholders to the IRS, non-U.S. taxing authorities or other parties as necessary to comply with FATCA or similar laws. Withholding also may be required if a foreign entity that is a shareholder of the Fund fails to provide the Fund with appropriate certifications or other documentation concerning its status under FATCA. |
■ | If the Fund invests in an underlying fund taxed as a RIC, please see any relevant section below for more information regarding the Fund’s investment in such underlying fund. |
■ | Because of “noncash” expenses such as property depreciation, the cash flow of a REIT that owns properties will exceed its taxable income. The REIT, and in turn the Fund, may distribute this excess cash. Such a distribution is classified as a return of capital. Return of capital distributions generally are not taxable to you. Your cost basis in your Shares will be decreased by the amount of any return of capital. Any return of capital distributions in excess of your cost basis will be treated as capital gains. |
■ | Dividends paid to shareholders from the Fund’s investments in U.S. REITs generally will not qualify for taxation at long-term capital gain rates applicable to qualified dividend income. |
■ | The Fund may derive “excess inclusion income” from certain equity interests in mortgage pooling vehicles either directly or through an investment in a U.S. REIT. Please see the SAI for a discussion of the risks and special tax consequences to shareholders in the event the Fund realizes excess inclusion income in excess of certain threshold amounts. |
■ | Under the Tax Cuts and Jobs Act, “qualified REIT dividends” (i.e., ordinary REIT dividends other than capital gain dividends and portions of REIT dividends designated as qualified dividend income) are treated as eligible for a 20% deduction by noncorporate taxpayers. Proposed regulations issued by the IRS, on which the Fund can rely, enable the Fund to pass through the special character of “qualified REIT dividends” to a shareholder, provided the shareholder meets certain holding period requirements with respect to their shares. |
■ | The Fund’s foreign shareholders should see the SAI for a discussion of the risks and special tax consequences to them from a sale of a U.S. real property interest by a REIT in which the Fund invests. |
Year
Ended October 31,
2019 |
Two
Months Ended
October 31, 2018 |
Years Ended August 31, | ||||
2018 | 2017 | 2016 | 2015 | |||
Per Share Operating Performance: | ||||||
Net asset value at beginning of period | $ 32.32 | $ 35.28 | $ 33.38 | $ 30.27 | $ 26.67 | $ 29.02 |
Net investment income(a) | 0.64 | 0.04 | 0.59 | 0.61 | 0.54 | 0.48 |
Net realized and unrealized gain (loss) on investments | 7.26 | (3.00) | 1.92 | 2.97 | 3.51 | (2.33) |
Total from investment operations | 7.90 | (2.96) | 2.51 | 3.58 | 4.05 | (1.85) |
Distributions to shareholders from: | ||||||
Net investment income | (0.67) | - | (0.61) | (0.47) | (0.45) | (0.50) |
Transaction fees(a) | 0.00 (b) | 0.00 (b) | - | - | - | - |
Net asset value at end of period | $ 39.55 | $ 32.32 | $ 35.28 | $ 33.38 | $ 30.27 | $ 26.67 |
Market price at end of period | $ 39.54(c) | $ 32.27(c) | $ 35.23(c) | $ 33.46 | $ 30.32 | $ 26.64 |
Net Asset Value Total Return(d) | 25.10% | (8.39)% | 7.51% | 12.09% | 15.40% | (6.47)% |
Market Price Total Return(d) | 25.27% | (8.40)% | 7.09% | |||
Ratios/Supplemental Data: | ||||||
Net assets at end of period (000's omitted) | $741,918 | $531,298 | $594,105 | $610,253 | $432,244 | $346,709 |
Ratio to average net assets of: | ||||||
Expenses | 0.59% | 0.60% (e) | 0.62% | 0.63% | 0.64% | 0.64% |
Net investment income | 1.82% | 0.67% (e) | 1.71% | 1.98% | 1.93% | 1.69% |
Portfolio turnover rate(f) | 13% | 5% | 13% | 8% | 6% | 9% |
(a) | Based on average shares outstanding. |
(b) | Amount represents less than $0.005. |
(c) | The mean between the last bid and ask prices. |
(d) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
(e) | Annualized. |
(f) | Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
Call: |
Invesco
Distributors, Inc. at 1-800-983-0903
Monday through Friday 8:00 a.m. to 5:00 p.m. Central Time |
Write: |
Invesco
Exchange-Traded Fund Trust II
c/o Invesco Distributors, Inc. 11 Greenway Plaza, Suite 1000 Houston, Texas 77046-1173 |
Visit: | www.invesco.com/ETFs |
Prospectus | February 28, 2020 |
PIZ | Invesco DWA Developed Markets Momentum ETF | The Nasdaq Stock Market |
PIE | Invesco DWA Emerging Markets Momentum ETF | The Nasdaq Stock Market |
IDLB | Invesco FTSE International Low Beta Equal Weight ETF | The Nasdaq Stock Market |
PXF | Invesco FTSE RAFI Developed Markets ex-U.S. ETF | NYSE Arca, Inc. |
PDN | Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF | NYSE Arca, Inc. |
PXH | Invesco FTSE RAFI Emerging Markets ETF | NYSE Arca, Inc. |
PBD | Invesco Global Clean Energy ETF | NYSE Arca, Inc. |
PIO | Invesco Global Water ETF | The Nasdaq Stock Market |
IPKW | Invesco International BuyBack Achievers™ ETF | The Nasdaq Stock Market |
CUT | Invesco MSCI Global Timber ETF | NYSE Arca, Inc. |
PBDM | Invesco PureBetaSM FTSE Developed ex-North America ETF | Cboe BZX Exchange, Inc. |
PBEE | Invesco PureBetaSM FTSE Emerging Markets ETF | Cboe BZX Exchange, Inc. |
EELV | Invesco S&P Emerging Markets Low Volatility ETF | NYSE Arca, Inc. |
EEMO | Invesco S&P Emerging Markets Momentum ETF | NYSE Arca, Inc. |
IDHD | Invesco S&P International Developed High Dividend Low Volatility ETF | Cboe BZX Exchange, Inc. |
IDLV | Invesco S&P International Developed Low Volatility ETF | NYSE Arca, Inc. |
IDMO | Invesco S&P International Developed Momentum ETF | NYSE Arca, Inc. |
IDHQ | Invesco S&P International Developed Quality ETF | NYSE Arca, Inc. |
Annual
Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment) |
|
Management Fees | 0.80% |
... | |
Other Expenses | 0.01% |
... | |
Total Annual Fund Operating Expenses | 0.81% |
... |
1 Year | 3 Years | 5 Years | 10 Years |
$83 | $259 | $450 | $1,002 |
1 Year | 5 Years | 10 Years | |
Return Before Taxes | 27.33% | 5.09% | 6.32% |
Return After Taxes on Distributions | 27.01% | 4.87% | 5.99% |
Return After Taxes on Distributions and Sale of Fund Shares | 16.68% | 4.05% | 5.11% |
... | |||
Dorsey Wright® Developed Markets Technical Leaders Index (Net) (reflects invested dividends net of withholding taxes, but reflects no deduction for fees, expenses or other taxes) | 28.40% | 5.89% | 7.29% |
... | |||
MSCI
EAFE® Index (Net)
(reflects invested dividends net of withholding taxes, but reflects no deduction for fees, expenses or other taxes) |
22.01% | 5.67% | 5.50% |
... |
Name | Title with Adviser/Trust |
Date
Began
Managing the Fund |
Peter Hubbard | Director of Portfolio Management of the Adviser and Vice President of the Trust | Since Inception |
... | ||
Michael Jeanette | Senior Portfolio Manager of the Adviser | February 2015 |
... | ||
Tony Seisser | Portfolio Manager of the Adviser | February 2015 |
... | ||
Pratik Doshi | Portfolio Manager of the Adviser | February 2020 |
Annual
Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment) |
|
Management Fees | 0.90% |
... | |
Other Expenses(1) | 0.00% |
... | |
Total Annual Fund Operating Expenses | 0.90% |
... |
(1) | Other Expenses do not reflect any extraordinary expenses incurred during the most recent fiscal period, such as the costs associated with a proxy statement of the Fund. Had these expenses been included, Other Expenses would have been 0.01%. |
1 Year | 3 Years | 5 Years | 10 Years |
$92 | $287 | $498 | $1,108 |
1 Year | 5 Years | 10 Years | |
Return Before Taxes | 25.34% | 3.47% | 4.03% |
Return After Taxes on Distributions | 24.68% | 3.21% | 3.91% |
Return After Taxes on Distributions and Sale of Fund Shares | 15.32% | 2.81% | 3.35% |
... | |||
Dorsey
Wright® Emerging Markets Technical Leaders Index (Net)
(reflects invested dividends net of withholding taxes, but reflects no deduction for fees, expenses or other taxes) |
26.60% | 4.99% | 5.77% |
... | |||
MSCI
Emerging Markets Index (Net)
(reflects invested dividends net of withholding taxes, but reflects no deduction for fees, expenses or other taxes) |
18.42% | 5.61% | 3.68% |
... |
Name | Title with Adviser/Trust |
Date
Began
Managing the Fund |
Peter Hubbard | Director of Portfolio Management of the Adviser and Vice President of the Trust | Since Inception |
... | ||
Michael Jeanette | Senior Portfolio Manager of the Adviser | February 2015 |
... | ||
Tony Seisser | Portfolio Manager of the Adviser | February 2015 |
... | ||
Pratik Doshi | Portfolio Manager of the Adviser | February 2020 |
Annual
Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment) |
|
Management Fees | 0.45% |
... | |
Other Expenses(1) | 0.00% |
... | |
Total Annual Fund Operating Expenses | 0.45% |
... |
(1) | Other Expenses do not reflect any extraordinary expenses incurred during the most recent fiscal period, such as the costs associated with a proxy statement of the Fund. Had these expenses been included, Other Expenses would have been 0.01%. |
1 Year | 3 Years | 5 Years | 10 Years |
$46 | $144 | $252 | $567 |
1 Year |
Since
Inception
(11/5/2015) |
||
Return Before Taxes | 15.21% | 6.36% | |
Return After Taxes on Distributions | 14.47% | 5.86% | |
Return After Taxes on Distributions and Sale of Fund Shares | 9.95% | 5.10% | |
... | |||
FTSE
Developed ex U.S. Low Beta Equal Weight Index (Net)
(reflects reinvested dividends net of withholding taxes but, reflects no deduction for fees, expenses or other taxes) |
15.90% | 6.96% | |
... | |||
MSCI
World ex USA Index (Net)
(reflects reinvested dividends net of withholding taxes but, reflects no deduction for fees, expenses or other taxes) |
22.49% | 6.66% | |
... |
Name | Title with Adviser/Trust |
Date
Began
Managing the Fund |
Peter Hubbard | Director of Portfolio Management of the Adviser and Vice President of the Trust | Since Inception |
... | ||
Michael Jeanette | Senior Portfolio Manager of the Adviser | Since Inception |
... | ||
Tony Seisser | Portfolio Manager of the Adviser | Since Inception |
... | ||
Pratik Doshi | Portfolio Manager of the Adviser | February 2020 |
Annual
Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment) |
|
Management Fees | 0.45% |
... | |
Other Expenses | 0.00% |
... | |
Total Annual Fund Operating Expenses | 0.45% |
... |
1 Year | 3 Years | 5 Years | 10 Years |
$46 | $144 | $252 | $567 |
1 Year | 5 Years | 10 Years | |
Return Before Taxes | 17.81% | 4.81% | 4.30% |
Return After Taxes on Distributions | 17.06% | 4.20% | 3.80% |
Return After Taxes on Distributions and Sale of Fund Shares | 11.44% | 3.84% | 3.53% |
... | |||
FTSE
RAFITM Developed ex-U.S. 1000 Index (Net)
(reflects invested dividends net of withholding taxes, but reflects no deduction for fees, expenses or other taxes) |
18.08% | 4.85% | 4.63% |
... | |||
MSCI
EAFE® Index (Net)
(reflects invested dividends net of withholding taxes, but reflects no deduction for fees, expenses or other taxes) |
22.01% | 5.67% | 5.50% |
... |
Name | Title with Adviser/Trust |
Date
Began
Managing the Fund |
Peter Hubbard | Director of Portfolio Management of the Adviser and Vice President of the Trust | Since Inception |
... | ||
Michael Jeanette | Senior Portfolio Manager of the Adviser | February 2015 |
... | ||
Tony Seisser | Portfolio Manager of the Adviser | February 2015 |
... | ||
Pratik Doshi | Portfolio Manager of the Adviser | February 2020 |
Annual
Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment) |
|
Management Fees | 0.49% |
... | |
Other Expenses | 0.00% |
... | |
Total Annual Fund Operating Expenses | 0.49% |
... |
1 Year | 3 Years | 5 Years | 10 Years |
$50 | $157 | $274 | $616 |
1 Year | 5 Years | 10 Years | |
Return Before Taxes | 20.15% | 7.10% | 6.82% |
Return After Taxes on Distributions | 19.49% | 6.69% | 6.48% |
Return After Taxes on Distributions and Sale of Fund Shares | 12.52% | 5.68% | 5.63% |
... | |||
FTSE
RAFITM Developed ex-US Mid Small 1500 Index (Net)
(reflects invested dividends net of withholding taxes, but reflects no deduction for fees, expenses or other taxes) |
20.54% | 7.35% | 7.27% |
... | |||
MSCI
EAFE® Small Cap Index (Net)
(reflects invested dividends net of withholding taxes, but reflects no deduction for fees, expenses or other taxes) |
24.96% | 8.85% | 8.74% |
... |
Name | Title with Adviser/Trust |
Date
Began
Managing the Fund |
Peter Hubbard | Director of Portfolio Management of the Adviser and Vice President of the Trust | Since Inception |
... | ||
Michael Jeanette | Senior Portfolio Manager of the Adviser | February 2015 |
... | ||
Tony Seisser | Portfolio Manager of the Adviser | February 2015 |
... | ||
Pratik Doshi | Portfolio Manager of the Adviser | February 2020 |
Annual
Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment) |
|
Management Fees | 0.49% |
... | |
Other Expenses | 0.00% |
... | |
Acquired Fund Fees and Expenses(1) | 0.01% |
... | |
Total Annual Fund Operating Expenses | 0.50% |
... |
(1) | “Acquired Fund Fees and Expenses” are indirect fees and expenses that the Fund incurs from investing in the shares of other investment companies (including money market funds). These expenses are based on the total expense ratio of the underlying funds disclosed in each underlying fund’s most recent shareholder report. Please note that the amount of “Total Annual Fund Operating Expenses” shown in the above table differs from the ratio of expenses to average net assets included in the “Financial Highlights” section of this Prospectus, which reflects the operating expenses of the Fund and does not include indirect expenses such as Acquired Fund Fees and Expenses. |
1 Year | 3 Years | 5 Years | 10 Years |
$51 | $160 | $280 | $628 |
1 Year | 5 Years | 10 Years | |
Return Before Taxes | 16.21% | 6.56% | 2.34% |
Return After Taxes on Distributions | 15.43% | 5.94% | 1.95% |
Return After Taxes on Distributions and Sale of Fund Shares | 10.35% | 5.14% | 1.96% |
... | |||
FTSE
RAFITM Emerging Index (Net)
(reflects invested dividends net of withholding taxes, but reflects no deduction for fees, expenses or other taxes) |
17.02% | 7.21% | 3.33% |
... | |||
MSCI
Emerging Markets Index (Net)
(reflects invested dividends net of withholding taxes, but reflects no deduction for fees, expenses or other taxes) |
18.42% | 5.61% | 3.68% |
... |
Name | Title with Adviser/Trust |
Date
Began
Managing the Fund |
Peter Hubbard | Director of Portfolio Management of the Adviser and Vice President of the Trust | Since Inception |
... | ||
Michael Jeanette | Senior Portfolio Manager of the Adviser | February 2015 |
... | ||
Tony Seisser | Portfolio Manager of the Adviser | February 2015 |
... | ||
Pratik Doshi | Portfolio Manager of the Adviser | February 2020 |
Annual
Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment) |
|
Management Fees | 0.75% |
... | |
Other Expenses(1) | 0.00% |
... | |
Total Annual Fund Operating Expenses | 0.75% |
... |
(1) | Other Expenses do not reflect any extraordinary expenses incurred during the most recent fiscal period, such as the costs associated with a proxy statement of the Fund. Had these expenses been included, Other Expenses would have been 0.02%. |
1 Year | 3 Years | 5 Years | 10 Years |
$77 | $240 | $417 | $930 |
1 Year | 5 Years | 10 Years | |
Return Before Taxes | 39.66% | 6.25% | (0.03)% |
Return After Taxes on Distributions | 38.76% | 5.71% | (0.42)% |
Return After Taxes on Distributions and Sale of Fund Shares | 23.63% | 4.71% | (0.14)% |
... | |||
WilderHill
New Energy Global Innovation Index
(reflects no deduction for fees, expenses or taxes) |
39.48% | 6.40% | 0.34% |
... | |||
MSCI
EAFE® Index (Net)
(reflects invested dividends net of withholding taxes, but reflects no deduction for fees, expenses or other taxes) |
22.01% | 5.67% | 5.50% |
... |
Name | Title with Adviser/Trust |
Date
Began
Managing the Fund |
Peter Hubbard | Director of Portfolio Management of the Adviser and Vice President of the Trust | Since Inception |
... | ||
Michael Jeanette | Senior Portfolio Manager of the Adviser | February 2015 |
... | ||
Tony Seisser | Portfolio Manager of the Adviser | February 2015 |
... | ||
Pratik Doshi | Portfolio Manager of the Adviser | February 2020 |
Annual
Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment) |
|
Management Fees | 0.75% |
... | |
Other Expenses(1) | 0.00% |
... | |
Total Annual Fund Operating Expenses | 0.75% |
... |
(1) | Other Expenses do not reflect any extraordinary expenses incurred during the most recent fiscal period, such as the costs associated with a proxy statement of the Fund. Had these expenses been included, Other Expenses would have been 0.01%. |
1 Year | 3 Years | 5 Years | 10 Years |
$77 | $240 | $417 | $930 |
1 Year | 5 Years | 10 Years | |
Return Before Taxes | 35.08% | 7.56% | 6.99% |
Return After Taxes on Distributions | 34.66% | 7.19% | 6.71% |
Return After Taxes on Distributions and Sale of Fund Shares | 21.02% | 5.87% | 5.65% |
... | |||
Nasdaq OMX Global Water IndexSM (Net)(reflects invested dividends net of withholding taxes but reflects no deduction for fees, expenses or other taxes)(1) | 35.40% | 7.67% | N/A |
... | |||
Blended—Nasdaq OMX Global Water IndexSM (Net)(reflects invested dividends net of withholding taxes but reflects no deduction for fees, expenses or other taxes)(2) | 35.40% | 7.67% | 7.03% |
... | |||
MSCI EAFE® Index (Net)(reflects invested dividends net of withholding taxes but reflects no deduction for fees, expenses or other taxes) | 22.01% | 5.67% | 5.50% |
... |
(1) | Performance information is not available for periods prior to the Underlying Index’s commencement date of December 23, 2013. |
(2) | The Blended Nasdaq OMX Global Water IndexSM reflects the performance of the Fund’s prior underlying index, the Palisades Global Water Index, until March 1, 2012, the NASDAQ QMX Global Water Index on a total return basis until December 23, 2013 and the Underlying Index on a net basis thereafter. |
Name | Title with Adviser/Trust |
Date
Began
Managing the Fund |
Peter Hubbard | Director of Portfolio Management of the Adviser and Vice President of the Trust | Since Inception |
... | ||
Michael Jeanette | Senior Portfolio Manager of the Adviser | February 2015 |
... | ||
Tony Seisser | Portfolio Manager of the Adviser | February 2015 |
... | ||
Pratik Doshi | Portfolio Manager of the Adviser | February 2020 |
Annual
Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment) |
|
Management Fees | 0.55% |
... | |
Other Expenses | 0.00% |
... | |
Total Annual Fund Operating Expenses | 0.55% |
... |
1 Year | 3 Years | 5 Years | 10 Years |
$56 | $176 | $307 | $689 |
1 Year | 5 Years | Since Inception (02/27/14) | |
Return Before Taxes | 20.11% | 8.63% | 7.48% |
Return After Taxes on Distributions | 19.69% | 8.30% | 7.14% |
Return After Taxes on Distributions and Sale of Fund Shares | 12.66% | 6.95% | 6.01% |
... | |||
Nasdaq International BuyBack Achievers™ Index (Net) (reflects invested dividends net of withholding taxes, but reflects no deduction for fees, expenses or other taxes) | 20.89% | 9.32% | 8.17% |
... | |||
MSCI ACWI ex USA® Index (Net) (reflects invested dividends net of withholding taxes, but reflects no deduction for fees, expenses or other taxes) | 21.51% | 5.51% | 4.05% |
... |
Name | Title with Adviser/Trust |
Date
Began
Managing the Fund |
Peter Hubbard | Director of Portfolio Management of the Adviser and Vice President of the Trust | Since Inception |
... | ||
Michael Jeanette | Senior Portfolio Manager of the Adviser | February 2015 |
... | ||
Tony Seisser | Portfolio Manager of the Adviser | February 2015 |
... | ||
Pratik Doshi | Portfolio Manager of the Adviser | February 2020 |
Annual
Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment) |
|
Management Fees | 0.50% |
... | |
Other Expenses(1) | 0.17% |
... | |
Total Annual Fund Operating Expenses | 0.67% |
... | |
Fee Waiver and/or Expense Reimbursement(2) | 0.06% |
... | |
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement | 0.61% |
... |
(1) | Other Expenses do not reflect any extraordinary expenses incurred during the most recent fiscal period, such as the costs associated with a proxy statement of the Fund. Had these expenses been included, Other Expenses would have been 0.18%. |
(2) | Invesco Capital Management LLC (the “Adviser”) has agreed to waive fees and/or pay Fund expenses to the extent necessary to prevent the operating expenses of the Fund (excluding interest expenses, brokerage commissions and other trading expenses, sub-licensing fees, offering costs, taxes, Acquired Fund Fees and Expenses, if applicable, and extraordinary expenses) from exceeding 0.55% of the Fund’s average daily net assets per year (the “Expense Cap”) through August 31, 2021, and neither the Adviser nor the Fund can discontinue the agreement prior to its expiration. The fees waived and/or expenses borne by the Adviser are subject to recapture by the Adviser up to three years from the date the fees were waived or the expenses were incurred, but no recapture payment will be made by the Fund if it would result in the Fund exceeding (i) the Expense Cap or (ii) the expense cap in effect at the time the fees and/or expenses subject to recapture were waived and/or borne by the Adviser. |
1 Year | 3 Years | 5 Years | 10 Years |
$62 | $208 | $367 | $829 |
1 Year | 5 Years | 10 Years | |
Return Before Taxes | 22.81% | 5.89% | 7.24% |
Return After Taxes on Distributions | 22.16% | 5.18% | 6.45% |
Return After Taxes on Distributions and Sale of Fund Shares | 14.16% | 4.39% | 5.51% |
... | |||
MSCI
ACWI IMI Timber Select Capped Index (Net)(1)
(reflects reinvested dividends net of withholding taxes but reflects no deductions for fees, expenses or other taxes) |
22.75% | N/A | N/A |
... | |||
Blended—MSCI
ACWI IMI Timber Select Capped Index (Net)(2)
(reflects reinvested dividends net of withholding taxes but reflects no deductions for fees, expenses or other taxes) |
22.75% | 6.04% | 7.81% |
... | |||
MSCI
World Index (Net)
(reflects reinvested dividends net of withholding taxes but reflects no deductions for fees, expenses or other taxes) |
27.67% | 8.74% | 9.47% |
... |
(1) | Performance information is not available for periods prior to the Underlying Index’s commencement date of January 27, 2016. |
(2) | The “Blended—MSCI ACWI IMI Timber Select Capped Index (Net)” reflects the performance of the Beacon Global Timber Index, the Fund’s previous underlying index, until May 20, 2016 and the Underlying Index thereafter. |
Name | Title with Adviser/Trust |
Date
Began
Managing the Fund |
Peter Hubbard | Director of Portfolio Management of the Adviser and Vice President of the Trust | April 2018 |
... | ||
Michael Jeanette | Senior Portfolio Manager of the Adviser | April 2018 |
... | ||
Tony Seisser | Portfolio Manager of the Adviser | April 2018 |
... | ||
Pratik Doshi | Portfolio Manager of the Adviser | February 2020 |
Annual
Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment) |
|
Management Fees | 0.07% |
... | |
Other Expenses(1) | 0.00% |
... | |
Total Annual Fund Operating Expenses | 0.07% |
... |
(1) | Other Expenses do not reflect any extraordinary expenses incurred during the most recent fiscal period, such as the costs associated with a proxy statement of the Fund. Had these expenses been included, Other Expenses would have been 0.30%. |
1 Year | 3 Years | 5 Years | 10 Years |
$7 | $23 | $40 | $90 |
1 Year | Since Inception (09/22/2017) | ||
Return Before Taxes | 21.16% | 3.69% | |
Return After Taxes on Distributions | 20.59% | 3.22% | |
Return After Taxes on Distributions and Sale of Fund Shares | 13.31% | 3.02% | |
... | |||
FTSE
Developed ex-North America Index (Net)
(reflects reinvested dividends net of withholding taxes but, reflects no deduction for fees, expenses or other taxes) |
21.48% | 3.86% | |
... |
Name | Title with Adviser/Trust |
Date
Began
Managing the Fund |
Peter Hubbard | Director of Portfolio Management of the Adviser and Vice President of the Trust | September 2017 |
... | ||
Michael Jeanette | Senior Portfolio Manager of the Adviser | September 2017 |
... | ||
Tony Seisser | Portfolio Manager of the Adviser | September 2017 |
... | ||
Pratik Doshi | Portfolio Manager of the Adviser | February 2020 |
Annual
Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment) |
|
Management Fees | 0.14% |
... | |
Other Expenses(1) | 0.00% |
... | |
Acquired Fund Fees and Expenses(2) | 0.05% |
... | |
Total Annual Fund Operating Expenses | 0.19% |
... | |
Fee Waivers and/or Expense Reimbursement(3) | 0.04% |
... | |
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursement | 0.15% |
... |
(1) | Other Expenses do not reflect any extraordinary expenses incurred during the most recent fiscal period, such as the costs associated with a proxy statement of the Fund. Had these expenses been included, Other Expenses would have been 0.29%. |
(2) | “Acquired Fund Fees and Expenses” are indirect fees and expenses that the Fund incurs from investing in the shares of other investment companies (including money market funds). These expenses are based on the total expense ratio of the underlying funds disclosed in each underlying fund’s most recent shareholder report. Please note that the amount of “Total Annual Fund Operating Expenses” shown in the above table differs from the ratio of expenses to average net assets included in the “Financial Highlights” section of this Prospectus, which reflects the operating expenses of the Fund and does not include indirect expenses such as Acquired Fund Fees and Expenses. |
(3) | Through August 31, 2021, Invesco Capital Management LLC (the “Adviser”) has contractually agreed to waive a portion of the Fund’s management fee in an amount equal to 100% of the net advisory fees an affiliate of the Adviser receives that are attributable to certain of the Fund’s investments in money market funds managed by that affiliate. This waiver will have the effect of reducing the Acquired Fund Fees and Expenses that are indirectly borne by the Fund. The Adviser cannot discontinue this waiver prior to its expiration. |
1 Year | 3 Years | 5 Years | 10 Years |
$15 | $57 | $103 | $239 |
1 Year | Since Inception (09/22/2017) | ||
Return Before Taxes | 19.96% | 3.83% | |
Return After Taxes on Distributions | 18.99% | 3.14% | |
Return After Taxes on Distributions and Sale of Fund Shares | 12.32% | 2.87% | |
... | |||
FTSE Emerging Index (Net) (reflects reinvested dividends net of withholding taxes but, reflects no deduction for fees, expenses or other taxes) | 20.10% | 3.94% | |
... |
Name | Title with Adviser/Trust |
Date
Began
Managing the Fund |
Peter Hubbard | Director of Portfolio Management of the Adviser and Vice President of the Trust | September 2017 |
... | ||
Michael Jeanette | Senior Portfolio Manager of the Adviser | September 2017 |
... | ||
Tony Seisser | Portfolio Manager of the Adviser | September 2017 |
... | ||
Pratik Doshi | Portfolio Manager of the Adviser | February 2020 |
Annual
Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment) |
|
Management Fees | 0.45% |
... | |
Other Expenses | 0.00% |
... | |
Total Annual Fund Operating Expenses | 0.45% |
... | |
Fee Waiver(1) | 0.16% |
... | |
Total Annual Fund Operating Expenses After Fee Waiver | 0.29% |
... |
(1) | Invesco Capital Management LLC (the “Adviser”) has agreed to waive 0.16% of the Fund’s management fee through February 28, 2021, and the Adviser cannot discontinue the agreement prior to its expiration. |
1 Year | 3 Years | 5 Years | 10 Years |
$30 | $128 | $236 | $551 |
1 Year | 5 Years |
Since
Inception
(01/13/12) |
|
Return Before Taxes | 8.26% | 1.88% | 2.45% |
Return After Taxes on Distributions | 7.58% | 1.38% | 2.03% |
Return After Taxes on Distributions and Sale of Fund Shares | 5.58% | 1.65% | 2.11% |
... | |||
S&P
BMI Emerging Markets Low Volatility IndexTM (Net)
(reflects invested dividends net of withholding taxes, but reflects no deduction for fees, expenses or other taxes) |
8.92% | 2.63% | 3.28% |
... | |||
MSCI
Emerging Markets Index (Net)
(reflects invested dividends net of withholding taxes, but reflects no deduction for fees, expenses or other taxes) |
18.42% | 5.61% | 4.52% |
... |
Name | Title with Adviser/Trust |
Date
Began
Managing the Fund |
Peter Hubbard | Director of Portfolio Management of the Adviser and Vice President of the Trust | Since Inception |
... | ||
Michael Jeanette | Senior Portfolio Manager of the Adviser | February 2015 |
... | ||
Tony Seisser | Portfolio Manager of the Adviser | February 2015 |
... | ||
Pratik Doshi | Portfolio Manager of the Adviser | February 2020 |
Annual
Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment) |
|
Management Fees | 0.45% |
... | |
Other Expenses (1) | 0.00% |
... | |
Acquired Fund Fees and Expenses(2) | 0.02% |
... | |
Total Annual Fund Operating Expenses | 0.47% |
... | |
Fee Waiver(3) | 0.18% |
... | |
Total Annual Fund Operating Expenses After Fee Waiver | 0.29% |
... |
(1) | Other Expenses do not reflect any extraordinary expenses incurred during the most recent fiscal period, such as the costs associated with a proxy statement of the Fund. Had these expenses been included, Other Expenses would have been 0.08%. |
(2) | “Acquired Fund Fees and Expenses” are indirect fees and expenses that the Fund incurs from investing in the shares of other investment companies (including money market funds). These expenses are based on the total expense ratio of the underlying funds disclosed in each underlying fund’s most recent shareholder report. Please note that the amount of “Total Annual Fund Operating Expenses” shown in the above table differs from the ratio of expenses to average net assets included in the “Financial Highlights” section of this Prospectus, which reflects the operating expenses of the Fund and does not include indirect expenses such as Acquired Fund Fees and Expenses. |
(3) | Invesco Capital Management LLC (the “Adviser”) has agreed to waive 0.16% of the Fund’s management fee through February 28, 2021, and the Adviser cannot discontinue the agreement prior to its expiration. In addition, through August 31, 2021, the Adviser has contractually agreed to waive 0.02% of the Fund’s management fee. This waiver will have the effect of reducing the Acquired Fund Fees and Expenses that are indirectly borne by the Fund. The Adviser cannot discontinue this waiver prior to its expiration. |
1 Year | 3 Years | 5 Years | 10 Years |
$30 | $133 | $245 | $574 |
1 Year | 5 Years |
Since
Inception
(02/24/12) |
|
Return Before Taxes | 20.50% | 1.63% | (0.61)% |
Return After Taxes on Distributions | 19.94% | 0.63% | (1.36)% |
Return After Taxes on Distributions and Sale of Fund Shares | 12.62% | 1.23% | (0.45)% |
... | |||
S&P
Momentum Emerging Plus LargeMidCap Index (Net)(1)
(reflects invested dividends net of withholding taxes, but reflects no deductions for fees, expenses or other taxes) |
21.33% | N/A | N/A |
... | |||
Blended—S&P
Momentum Emerging Plus LargeMidCap Index (Net)(2)
(reflects invested dividends net of withholding taxes, but reflects no deductions for fees, expenses or other taxes) |
21.33% | 3.51% | 0.82% |
... | |||
MSCI Emerging Markets Index (Net) (reflects invested dividends net of withholding taxes, but reflects no deductions for fees, expenses or other taxes) | 18.42% | 5.61% | 3.07% |
... |
(1) | Performance information is not available for periods prior to the Underlying Index’s commencement date of February 16, 2016. |
(2) | The Blended—S&P Momentum Emerging Plus LargeMidCap Index (Net) reflects the performance of the Fund’s prior underlying index, the S&P BMI Emerging Markets High Beta IndexTM, until March 21, 2016, and the Underlying Index thereafter. |
Name | Title with Adviser/Trust |
Date
Began
Managing the Fund |
Peter Hubbard | Director of Portfolio Management of the Adviser and Vice President of the Trust | Since Inception |
... | ||
Michael Jeanette | Senior Portfolio Manager of the Adviser | February 2015 |
... | ||
Tony Seisser | Portfolio Manager of the Adviser | February 2015 |
... | ||
Pratik Doshi | Portfolio Manager of the Adviser | February 2020 |
Annual
Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment) |
|
Management Fees | 0.30% |
... | |
Other Expenses(1) | 0.00% |
... | |
Total Annual Fund Operating Expenses | 0.30% |
... |
(1) | Other Expenses do not reflect any extraordinary expenses incurred during the most recent fiscal period, such as the costs associated with a proxy statement of the Fund. Had these expenses been included, Other Expenses would have been 0.07%. |
1 Year | 3 Years | 5 Years | 10 Years |
$31 | $97 | $169 | $381 |
1 Year |
Since
Inception
(12/1/16) |
||
Return Before Taxes | 17.69% | 9.32% | |
Return After Taxes on Distributions | 15.77% | 8.04% | |
Return After Taxes on Distributions and Sale of Fund Shares | 11.25% | 7.16% | |
... | |||
S&P
EPAC Ex-Korea Low Volatility High Dividend Index (Net)
(reflects invested dividends net of withholding taxes, but reflects no deductions for fees, expenses or other taxes) |
17.85% | 9.46% | |
... | |||
MSCI
EAFE® Index (Net)
(reflects invested dividends net of withholding taxes, but reflects no deductions for fees, expenses or other taxes) |
22.01% | 10.47% | |
... |
Name | Title with Adviser/Trust |
Date
Began
Managing the Fund |
Peter Hubbard | Director of Portfolio Management of the Adviser and Vice President of the Trust | November 2016 |
... | ||
Michael Jeanette | Senior Portfolio Manager of the Adviser | November 2016 |
... | ||
Tony Seisser | Portfolio Manager of the Adviser | November 2016 |
... | ||
Pratik Doshi | Portfolio Manager of the Adviser | February 2020 |
Annual
Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment) |
|
Management Fees | 0.35% |
... | |
Other Expenses | 0.00% |
... | |
Total Annual Fund Operating Expenses | 0.35% |
... | |
Fee Waiver(1) | 0.10% |
... | |
Total Annual Fund Operating Expenses After Fee Waiver | 0.25% |
... |
(1) | Invesco Capital Management LLC (the “Adviser”) has agreed to waive 0.10% of the Fund’s management fee through February 28, 2021, and the Adviser cannot discontinue the agreement prior to its expiration. |
1 Year | 3 Years | 5 Years | 10 Years |
$26 | $102 | $186 | $433 |
1 Year | 5 Years |
Since
Inception
(01/13/12) |
|
Return Before Taxes | 20.50% | 6.05% | 7.84% |
Return After Taxes on Distributions | 18.51% | 4.92% | 6.88% |
Return After Taxes on Distributions and Sale of Fund Shares | 12.75% | 4.47% | 6.10% |
... | |||
S&P
BMI International Developed Low VolatilityTM Index (Net)
(reflects invested dividends net of withholding taxes, but reflects no deduction for fees, expenses or other taxes) |
20.52% | 6.10% | 7.93% |
... | |||
MSCI
EAFE® Index (Net)
(reflects invested dividends net of withholding taxes, but reflects no deduction for fees, expenses or other taxes) |
22.01% | 5.67% | 7.67% |
... |
Name | Title with Adviser/Trust |
Date
Began
Managing the Fund |
Peter Hubbard | Director of Portfolio Management of the Adviser and Vice President of the Trust | Since Inception |
... | ||
Michael Jeanette | Senior Portfolio Manager of the Adviser | February 2015 |
... | ||
Tony Seisser | Portfolio Manager of the Adviser | February 2015 |
... | ||
Pratik Doshi | Portfolio Manager of the Adviser | February 2020 |
Annual
Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment) |
|
Management Fees | 0.35% |
... | |
Other Expenses(1) | 0.01% |
... | |
Total Annual Fund Operating Expenses | 0.36% |
... | |
Fee Waiver(2) | 0.10% |
... | |
Total Annual Fund Operating Expenses After Fee Waiver | 0.26% |
... |
(1) | Other Expenses do not reflect any extraordinary expenses incurred during the most recent fiscal period, such as the costs associated with a proxy statement of the Fund. Had these expenses been included, Other Expenses would have been 0.28%. |
(2) | Invesco Capital Management LLC (the “Adviser”) has agreed to waive 0.10% of the Fund’s management fee through February 28, 2021, and the Adviser cannot discontinue the agreement prior to its expiration. |
1 Year | 3 Years | 5 Years | 10 Years |
$27 | $106 | $192 | $446 |
1 Year | 5 Years |
Since
Inception
(02/24/12) |
|
Return Before Taxes | 24.82% | 3.33% | 3.74% |
Return After Taxes on Distributions | 24.34% | 2.93% | 3.40% |
Return After Taxes on Distributions and Sale of Fund Shares | 15.28% | 2.72% | 3.11% |
... | |||
S&P
Momentum Developed ex-U.S. & South Korea LargeMidCap IndexTM (Net)(1)
(reflects invested dividends net of withholding taxes, but reflects no deduction for fees, expenses or other taxes) |
25.56% | N/A | N/A |
... | |||
Blended—S&P
Momentum Developed ex-U.S. & South Korea LargeMidCap IndexTM (Net)(2)
(reflects invested dividends net of withholding taxes, but reflects no deduction for fees, expenses or other taxes) |
25.56% | 3.57% | 4.17% |
... | |||
MSCI
EAFE® Index (Net)
(reflects invested dividends net of withholding taxes, but reflects no deduction for fees, expenses or other taxes) |
22.01% | 5.67% | 6.31% |
... |
(1) | Performance information is not available prior to the Underlying Index’s commencement date of February 16, 2016. |
(2) | The Blended—S&P Momentum Developed ex-U.S. & South Korea LargeMidCap IndexTM (Net) reflects the performance of the Fund’s prior underlying index, the S&P BMI International Developed High Beta IndexTM, until March 21, 2016 and the Underlying Index thereafter. |
Name | Title with Adviser/Trust |
Date
Began
Managing the Fund |
Peter Hubbard | Director of Portfolio Management of the Adviser and Vice President of the Trust | Since Inception |
... | ||
Michael Jeanette | Senior Portfolio Manager of the Adviser | February 2015 |
... | ||
Tony Seisser | Portfolio Manager of the Adviser | February 2015 |
... | ||
Pratik Doshi | Portfolio Manager of the Adviser | February 2020 |
Annual
Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment) |
|
Management Fees | 0.29% |
... | |
Other Expenses(1) | 0.00% |
... | |
Total Annual Fund Operating Expenses | 0.29% |
... |
(1) | Other Expenses do not reflect any extraordinary expenses incurred during the most recent fiscal period, such as the costs associated with a proxy statement of the Fund. Had these expenses been included, Other Expenses would have been 0.02%. |
1 Year | 3 Years | 5 Years | 10 Years |
$30 | $93 | $163 | $368 |
1 Year | 5 Years | 10 Years | |
Return Before Taxes | 29.86% | 8.74% | 7.07% |
Return After Taxes on Distributions | 29.42% | 8.39% | 6.85% |
Return After Taxes on Distributions and Sale of Fund Shares | 18.35% | 7.01% | 5.90% |
... | |||
S&P
Quality Developed ex-U.S. LargeMidCap Index (Net)(1)
(reflects invested dividends net of withholding taxes, but reflects no deduction for fees, expenses or other taxes) |
30.21% | 7.28% | N/A |
... | |||
Blended—S&P
Quality Developed ex-U.S. LargeMidCap Index (Net)(2)
(reflects invested dividends net of withholding taxes but reflects no deduction for fees, expenses or other taxes) |
30.21% | 8.76% | 7.60% |
... | |||
MSCI EAFE® Index (Net) (reflects invested dividends net of withholding taxes, but reflects no deduction for fees, expenses or other taxes) | 22.01% | 5.67% | 5.50% |
... |
(1) | Performance information is not available prior to the Underlying Index’s commencement date of July 8, 2014. |
(2) | The Blended—S&P Quality Developed ex-U.S. LargeMidCap Index (Net) reflects the performance of the Fund’s prior underlying indexes, the QSG Developed International Opportunities Index, until March 1, 2012, followed by the performance of the S&P International Developed High Quality Rankings Index from March 1, 2012 until March 21, 2016, and the Underlying Index thereafter. |
Name | Title with Adviser/Trust |
Date
Began
Managing the Fund |
Peter Hubbard | Director of Portfolio Management of the Adviser and Vice President of the Trust | Since Inception |
... | ||
Michael Jeanette | Senior Portfolio Manager of the Adviser | February 2015 |
... | ||
Tony Seisser | Portfolio Manager of the Adviser | February 2015 |
... | ||
Pratik Doshi | Portfolio Manager of the Adviser | February 2020 |
(a) | The percentage representation of each security using the issuer’s sales averaged over the prior five years. |
(b) | The percentage representation of each security using the issuer’s cash flow averaged over the prior five years. |
(c) | The percentage representation of each security using the issuer’s book value as of the review date. |
(d) | The percentage representation of each security using the issuer’s total dividend distributions averaged over the prior five years. (A security that has not paid a dividend in the past five years will have a percentage representation of zero.) |
(a) | The percentage representation of each security using the issuer’s sales averaged over the prior five years. |
(b) | The percentage representation of each security using the issuer’s cash flow averaged over the prior five years. |
(c) | The percentage representation of each security using the issuer’s book value as of the review date. |
(d) | The percentage representation of each security using the issuer’s total dividend distributions averaged over the prior five years. (A security that has not paid a dividend in the past five years will have a percentage representation of zero.) |
(a) | The percentage representation of each security using the issuer’s sales averaged over the prior five years. |
(b) | The percentage representation of each security using the issuer’s cash flow averaged over the prior five years. |
(c) | The percentage representation of each security using the issuer’s book value as of the review date. |
(d) | The percentage representation of each security using the issuer’s total dividend distributions averaged over the prior five years. (A security that has not paid a dividend in the past five years will have a percentage representation of zero.) |
1. | Constituents of the MSCI ACWI Investable Market Index, a rules-based index that measures equity market performance of developed and emerging markets; and |
2. | Classified as being part of one of the following GICS® sub-industries: forest products, paper products, paper packaging or specialized REITs classified as “timber” REITs. |
(i) | the issuer of the security must be classified as participating in the “Green Economy,” as determined by SustainableBusiness.com LLC, a company that provides global news and networking services to help green businesses grow; |
(ii) | the security must be listed on an Index-eligible global stock exchange; |
(iii) | the security must have a minimum worldwide market capitalization of $50 million; and |
(iv) | the security must have a minimum three-month average daily dollar trading volume of $250,000. |
(i) | no country can have more than ten (10) securities, based on the largest average daily dollar trading volume; |
(ii) | no country can have a weight of more than 40% in the Underlying Index; |
(iii) | no single security can have a weight of more than 8% in the Underlying Index; |
(iv) | no country can have more than two securities in excess of 4%; and |
(v) | no more than five securities may have a weight in excess of 4%. |
(1) | be listed on a U.S. or international exchange; |
(2) | have a three-month average market capitalization of at least $100 million USD, as measured over the preceding three-month period; |
(3) | have a minimum average daily trading volume of $1 million USD over the preceding 30 days; and |
(4) | have had at least 250,000 shares traded in each of the last six months. |
■ | The risk of delays in settling portfolio transactions and the risk of loss arising out of the system of share registration and custody used in Russia; |
■ | Risks in connection with the maintenance of a fund’s portfolio securities and cash with foreign sub-custodians and securities depositories, including the risk that appropriate sub-custody arrangements will not be available to a fund; |
■ | The risk that a fund’s ownership rights in portfolio securities could be lost through fraud or negligence because ownership in shares of Russian companies is recorded by the companies themselves and by registrars, rather than by a central registration system; and |
■ | The risk that a fund may not be able to pursue claims on behalf of its shareholders because of the system of share registration and custody, and because Russian banking institutions and registrars are not guaranteed by the Russian government. |
■ | Peter Hubbard, Director of Portfolio Management of the Adviser, has been responsible for the management of certain Funds in the Invesco family of ETFs since June 2007 and has been associated with the Adviser since 2005. |
■ | Michael Jeanette, Senior Portfolio Manager of the Adviser, has been responsible for the management of certain Funds in the Invesco family of ETFs since August 2008 and has been associated with the Adviser since 2008. |
■ | Tony Seisser, Portfolio Manager of the Adviser, has been responsible for the management of certain Funds in the Invesco family of ETFs since August 2014 and has been associated with the Adviser since 2013. |
■ | Pratik Doshi, Portfolio Manager of the Adviser, has been responsible for the management of certain Funds in the Invesco family of ETFs since October 2019 and has been associated with the Adviser since 2018. Prior to joining the Adviser, Mr. Doshi earned his MBA from the University of Chicago from 2016 to 2018. Prior to that, Mr. Doshi was a Vice President at Bank of America-Merrill Lynch from 2014 to 2016. |
Fund | Advisory Fee |
... | |
Invesco DWA Developed Markets Momentum ETF | 0.80% |
... | |
Invesco DWA Emerging Markets Momentum ETF | 0.90% |
... | |
Invesco FTSE International Low Beta Equal Weight ETF | 0.45% |
... | |
Invesco FTSE RAFI Developed Markets ex-U.S. ETF | 0.45% |
... | |
Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF | 0.49% |
... | |
Invesco FTSE RAFI Emerging Markets ETF | 0.49% |
... | |
Invesco Global Clean Energy ETF | 0.75% |
... | |
Invesco Global Water ETF | 0.75% |
... | |
Invesco International BuyBack AchieversTM ETF | 0.55% |
... | |
Invesco MSCI Global Timber ETF | 0.50% |
... | |
Invesco PureBetaSM FTSE Developed ex-North America ETF | 0.07% |
... | |
Invesco PureBetaSM FTSE Emerging Markets ETF | 0.14% |
... | |
Invesco S&P Emerging Markets Low Volatility ETF | 0.45% (1) |
... | |
Invesco S&P Emerging Markets Momentum ETF | 0.45% (1) |
... | |
Invesco S&P International Developed High Dividend Low Volatility ETF | 0.30% |
... | |
Invesco S&P International Developed Low Volatility ETF | 0.35% (2) |
... | |
Invesco S&P International Developed Momentum ETF | 0.35% (2) |
... | |
Invesco S&P International Developed Quality ETF | 0.29% |
... |
(1) | The Adviser has agreed to waive 0.16% of the Fund’s management fee through February 28, 2021, and the Adviser cannot discontinue the agreement prior to its expiration. |
(2) | The Adviser has agreed to waive 0.10% of the Fund’s management fee through February 28, 2021, and the Adviser cannot discontinue the agreement prior to its expiration. |
Fund | Expense Cap(1) |
Invesco MSCI Global Timber ETF | 0.55% |
(1) | The Adviser further agrees to reimburse the Fund in the amount equal to the licensing fees that the Fund pays that cause the Fund’s operating expenses (excluding interest expenses, offering costs, brokerage commissions and other trading expenses, taxes, Acquired Fund Fees and Expenses and extraordinary expenses) to exceed 0.55%, through at least December 31, 2020. |
Fund | Symbol | Exchange |
Invesco DWA Developed Markets Momentum ETF | PIZ | Nasdaq |
... |
Fund | Symbol | Exchange |
Invesco DWA Emerging Markets Momentum ETF | PIE | Nasdaq |
... | ||
Invesco FTSE International Low Beta Equal Weight ETF | IDLB | Nasdaq |
... | ||
Invesco FTSE RAFI Developed Markets ex-U.S ETF | PXF | NYSE Arca |
... | ||
Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF | PDN | NYSE Arca |
... | ||
Invesco. FTSE RAFI Emerging Markets ETF | PXH | NYSE Arca |
... | ||
Invesco Global Clean Energy ETF | PBD | NYSE Arca |
... | ||
Invesco Global Water ETF | PIO | Nasdaq |
... | ||
Invesco International BuyBack AchieversTM ETF | IPKW | Nasdaq |
... | ||
Invesco MSCI Global Timber ETF | CUT | NYSE Arca |
... | ||
Invesco PureBetaSM FTSE Developed ex-North America ETF | PBDM | Cboe |
... | ||
Invesco PureBetaSM FTSE Emerging Markets ETF | PBEE | Cboe |
... | ||
Invesco S&P Emerging Markets Low Volatility ETF | EELV | NYSE Arca |
... | ||
Invesco S&P Emerging Markets Momentum ETF | EEMO | NYSE Arca |
... | ||
Invesco S&P International Developed High Dividend Low Volatility ETF | IDHD | Cboe |
... | ||
Invesco S&P International Developed Low Volatility ETF | IDLV | NYSE Arca |
... | ||
Invesco S&P International Developed Momentum ETF | IDMO | NYSE Arca |
... | ||
Invesco S&P International Developed Quality ETF | IDHQ | NYSE Arca |
... |
■ | A Fund earns income generally in the form of dividends or interest on its investments. This income, less expenses incurred in the operation of a Fund, constitutes a Fund’s net investment income from which dividends may be paid to shareholders. If you are a taxable investor, distributions of net investment income generally are taxable to you as ordinary income. |
■ | Distributions of net short-term capital gains are taxable to you as ordinary income. A Fund with a high portfolio turnover rate (a measure of how frequently assets within a Fund are bought and sold) is more likely to generate short-term capital gains than a Fund with a low portfolio turnover rate. For ETFs for which in-kind redemptions are the primary redemption mechanism, a Fund may be less likely to sell securities in order to generate cash for redeeming shareholders, which a mutual fund might do. This provides a greater opportunity for ETFs to defer the recognition of gain on appreciated securities which it may hold thereby reducing the distribution of capital gains to its shareholders. |
■ | Distributions of net long-term capital gains are taxable to you as long-term capital gains no matter how long you have owned your Shares. |
■ | A portion of income dividends paid by a Fund may be reported as qualified dividend income eligible for taxation by individual shareholders at long-term capital gain rates, provided certain holding period requirements are met. These reduced rates generally are available for dividends derived from a Fund’s investment in stocks of domestic corporations and qualified foreign corporations. In the case of a Fund that invests primarily in debt securities, either none or only a nominal portion of the dividends paid by a Fund will be eligible for taxation at these reduced rates. |
■ | The use of derivatives by a Fund may cause the Fund to realize higher amounts of ordinary income or short-term capital gain, distributions from which are taxable to individual shareholders at ordinary income tax rates rather than at the more favorable tax rates for long-term capital gain. |
■ | Distributions declared to shareholders with a record date in December–if paid to you by the end of January–are taxable for federal income tax purposes as if received in December. |
■ | Any long-term or short-term capital gains realized on the sale of your Shares will be subject to federal income tax. |
■ | A shareholder’s cost basis information will be provided on the sale of any of the shareholder’s Shares, subject to certain exceptions for exempt recipients. Please contact the broker (or other nominee) that holds your Shares with respect to reporting of cost basis and available elections for your account. |
■ | At the time you purchase your Shares, a Fund’s NAV may reflect undistributed income or undistributed capital gains. A subsequent distribution to you of such amounts, although constituting a return of your investment, would be taxable. Buying Shares in a Fund just before it declares an income dividend or capital gains distribution is sometimes |
known as “buying a dividend.” In addition, a Fund’s NAV may, at any time, reflect net unrealized appreciation, which may result in future taxable distributions to you. |
■ | By law, if you do not provide a Fund with your proper taxpayer identification number and certain required certifications, you may be subject to backup withholding on any distributions of income, capital gains, or proceeds from the sale of your Shares. A Fund also must withhold if the IRS instructs it to do so. When withholding is required, the amount will be 24% of any distributions or proceeds paid. |
■ | An additional 3.8% Medicare tax is imposed on certain net investment income (including ordinary dividends and capital gain distributions received from a Fund and net gains from redemptions or other taxable dispositions of Shares) of U.S. individuals, estates and trusts to the extent that such person’s “modified adjusted gross income” (in the case of an individual) or “adjusted gross income” (in the case of an estate or trust) exceeds a threshold amount. This Medicare tax, if applicable, is reported by you on, and paid with, your federal income tax return. |
■ | You will not be required to include the portion of dividends paid by a Fund derived from interest on U.S. government obligations in your gross income for purposes of personal and, in some cases, corporate income taxes in many state and local tax jurisdictions. The percentage of dividends that constitutes dividends derived from interest on federal obligations will be determined annually. This percentage may differ from the actual percentage of interest received by the Fund on federal obligations for the particular days on which you hold shares. |
■ | Fund distributions and gains from sale of Shares generally are subject to state and local income taxes. |
■ | If a Fund qualifies to pass through the tax benefits from foreign taxes it pays on its investments, and elects to do so, then any foreign taxes it pays on these investments may be passed through to you as a foreign tax credit. You will then be required to include your pro-rata share of these taxes in gross income, even though not actually received by you, and will be entitled either to deduct your share of these taxes in computing your taxable income, or to claim a foreign tax credit for these taxes against your U.S. federal income tax. |
■ | Foreign investors should be aware that U.S. withholding, special certification requirements to avoid U.S. backup withholding and claim any treaty benefits, and estate taxes may apply to an investment in a Fund. |
■ | Under the Foreign Account Tax Compliance Act (FATCA), a 30% withholding tax is imposed on income dividends made by a Fund to certain foreign entities, referred to as foreign financial institutions or non-financial foreign entities that fail to comply (or be deemed compliant) with extensive reporting and withholding requirements designed to inform the U.S. Department of the Treasury of U.S.-owned foreign investment accounts. After December 31, 2018, FATCA withholding also would have applied to certain capital gain distributions, return of capital distributions and the proceeds arising from the sale of Shares; however, based on proposed regulations recently issued by the IRS on the Fund may rely, such withholding is no longer required unless final regulations provide otherwise (which is not expected). A Fund may disclose the information that it receives from its shareholders to the IRS, non-U.S. taxing authorities or other parties as necessary to comply with FATCA or similar laws. Withholding also may be required if a foreign entity that is a shareholder of a Fund fails to provide the Fund with appropriate certifications or other documentation concerning its status under FATCA. |
■ | If a Fund invests in an underlying fund taxed as a RIC, please see any relevant section below for more information regarding the Fund’s investment in such underlying fund. |
■ | Because of “noncash” expenses such as property depreciation, the cash flow of a REIT that owns properties will exceed its taxable income. The REIT, and in turn a Fund, may distribute this excess cash. Such a distribution is classified as a return of capital. Return of capital distributions generally are not taxable to you. Your cost basis in your shares will be decreased by the amount of any return of capital. Any return of capital distributions in excess of your cost basis will be treated as capital gains. |
■ | Dividends paid to shareholders from a Fund’s investments in U.S. REITs generally will not qualify for taxation at long-term capital gain rates applicable to qualified dividend income. |
■ | A Fund may derive “excess inclusion income” from certain equity interests in mortgage pooling vehicles either directly or through an investment in a U.S. REIT. Please see the SAI for a discussion of the risks and special tax consequences to shareholders in the event a Fund realizes excess inclusion income in excess of certain threshold amounts. |
■ | Under the Tax Cuts and Jobs Act, “qualified REIT dividends” (i.e., ordinary REIT dividends other than capital gain dividends and portions of REIT dividends designated as qualified dividend income) are treated as eligible for a 20% deduction by noncorporate taxpayers. Proposed regulations issued by the IRS, on which a Fund can rely, enable the Fund to pass through the special character of “qualified REIT dividends” to a shareholder, provided the shareholder meets certain holding period requirements with respect to their shares. |
■ | A Fund’s foreign shareholders should see the SAI for a discussion of the risks and special tax consequences to them from a sale of a U.S. real property interest by a REIT in which the Fund invests. |
Years Ended October 31, | |||||
2019 | 2018 | 2017 | 2016 | 2015 | |
Per Share Operating Performance: | |||||
Net asset value at beginning of year | $ 24.53 | $ 27.30 | $ 22.29 | $ 23.36 | $ 24.49 |
Net investment income(a) | 0.30 | 0.24 | 0.36 | 0.35 | 0.27 |
Net realized and unrealized gain (loss) on investments | 2.70 | (2.68) | 5.05 | (1.04) | (1.15) |
Total from investment operations | 3.00 | (2.44) | 5.41 | (0.69) | (0.88) |
Distributions to shareholders from: | |||||
Net investment income | (0.35) | (0.33) | (0.40) | (0.38) | (0.25) |
Net asset value at end of year | $ 27.18 | $ 24.53 | $ 27.30 | $ 22.29 | $ 23.36 |
Market price at end of year(b) | $ 27.10 | $ 24.47 | $ 27.35 | $ 22.27 | $ 23.21 |
Net Asset Value Total Return(c) | 12.31% | (9.09)% | 24.58% | (2.97)% | (3.63)% |
Market Price Total Return(c) | 12.25% | (9.48)% | 24.91% | (2.43)% | (4.48)% |
Ratios/Supplemental Data: | |||||
Net assets at end of year (000’s omitted) | $175,327 | $223,182 | $232,084 | $173,891 | $263,996 |
Ratio to average net assets of: | |||||
Expenses | 0.81% | 0.80% | 0.81% | 0.81% | 0.81% |
Net investment income | 1.18% | 0.88% | 1.46% | 1.50% | 1.10% |
Portfolio turnover rate(d) | 106% | 94% | 98% | 124% | 120% |
(a) | Based on average shares outstanding. |
(b) | The mean between the last bid and ask prices. |
(c) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
(d) | Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
Years Ended October 31, | |||||
2019 | 2018 | 2017 | 2016 | 2015 | |
Per Share Operating Performance: | |||||
Net asset value at beginning of year | $ 16.12 | $ 19.48 | $ 16.11 | $ 16.02 | $ 18.91 |
Net investment income(a) | 0.36 (b) | 0.40 | 0.28 | 0.16 | 0.12 |
Net realized and unrealized gain (loss) on investments | 2.51 | (3.29) | 3.34 | 0.14 (c) | (2.94) |
Total from investment operations | 2.87 | (2.89) | 3.62 | 0.30 | (2.82) |
Distributions to shareholders from: | |||||
Net investment income | (0.41) | (0.49) | (0.26) | (0.21) | (0.10) |
Return of capital | - | - | - | (0.01) | - |
Total distributions | (0.41) | (0.49) | (0.26) | (0.22) | (0.10) |
Transaction fees(a) | 0.01 | 0.02 | 0.01 | 0.01 | 0.03 |
Net asset value at end of year | $ 18.59 | $ 16.12 | $ 19.48 | $ 16.11 | $ 16.02 |
Market price at end of year(d) | $ 18.51 | $ 16.08 | $ 19.54 | $ 16.10 | $ 15.97 |
Net Asset Value Total Return(e) | 18.23% | (15.11)% | 22.72% | 2.00% (c) | (14.78)% |
Market Price Total Return(e) | 18.03% | (15.58)% | 23.18% | 2.25% | (14.50)% |
Ratios/Supplemental Data: | |||||
Net assets at end of year (000’s omitted) | $168,210 | $192,660 | $212,377 | $183,668 | $196,268 |
Ratio to average net assets of: | |||||
Expenses | 0.91% (f) | 0.90% | 0.90% | 0.90% | 0.90% |
Net investment income | 2.13% (b)(f) | 2.01% | 1.67% | 1.04% | 0.68% |
Portfolio turnover rate(g) | 158% | 163% | 174% | 160% | 176% |
(a) | Based on average shares outstanding. |
(b) | Net Investment income per share and the ratio of net investment income to average net assets include a non-cash taxable distribution received during the year. Net investment income per share and the ratio of net investment income to average net assets excluding the non-cash taxable distribution are $0.24 and 1.39%, respectively. |
(c) | Includes settlement proceeds recorded during the period. Had these settlement proceeds not been recorded Net realized and unrealized gain (loss) on investments per share would have been $0.10 and total return would have been lower. |
(d) | The mean between the last bid and ask prices. |
(e) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
(f) | Ratios include non-recurring costs associated with a proxy statement of 0.01%. |
(g) | Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
Years Ended October 31, |
For
the Period
November 04, 2015(a) Through October 31, 2016 |
|||
2019 | 2018 | 2017 | ||
Per Share Operating Performance: | ||||
Net asset value at beginning of period | $ 26.98 | $ 29.47 | $ 25.09 | $ 24.92 |
Net investment income(b) | 0.68 | 0.67 | 0.64 | 0.54 |
Net realized and unrealized gain (loss) on investments | 1.43 | (2.30) | 4.45 | 0.03 |
Total from investment operations | 2.11 | (1.63) | 5.09 | 0.57 |
Distributions to shareholders from: | ||||
Net investment income | (0.87) | (0.86) | (0.71) | (0.40) |
Net asset value at end of period | $ 28.22 | $ 26.98 | $ 29.47 | $ 25.09 |
Market price at end of period(c) | $ 28.02 | $ 26.86 | $ 29.44 | $ 25.20 |
Net Asset Value Total Return(d) | 7.94% | (5.81)% | 20.63% | 2.33% (e) |
Market Price Total Return(d) | 7.65% | (6.12)% | 19.98% | 2.77% (e) |
Ratios/Supplemental Data: | ||||
Net assets at end of period (000’s omitted) | $53,615 | $109,258 | $134,104 | $146,797 |
Ratio to average net assets of: | ||||
Expenses | 0.46% (f) | 0.45% | 0.45% | 0.45% (g) |
Net investment income | 2.48% (f) | 2.23% | 2.38% | 2.22% (g) |
Portfolio turnover rate(h) | 53% | 50% | 39% | 59% |
(a) | Commencement of investment operations. |
(b) | Based on average shares outstanding. |
(c) | The mean between the last bid and ask prices. |
(d) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
(e) | The net asset value total return from Fund Inception (November 5, 2015, the first day of trading on the exchange) to October 31, 2016 was 2.17%. The market price total return from Fund Inception to October 31, 2016 was 2.16%. |
(f) | Ratios include non-recurring costs associated with a proxy statement of 0.01%. |
(g) | Annualized. |
(h) | Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
Years Ended October 31, | |||||
2019 | 2018 | 2017 | 2016 | 2015 | |
Per Share Operating Performance: | |||||
Net asset value at beginning of year | $ 40.04 | $ 44.66 | $ 36.74 | $ 38.60 | $ 41.20 |
Net investment income(a) | 1.45 | 1.34 | 1.20 | 1.09 | 1.16 |
Net realized and unrealized gain (loss) on investments | 1.10 | (4.56) | 7.98 | (1.82) | (2.65) |
Total from investment operations | 2.55 | (3.22) | 9.18 | (0.73) | (1.49) |
Distributions to shareholders from: | |||||
Net investment income | (1.60) | (1.40) | (1.26) | (1.13) | (1.11) |
Transaction fees(a) | 0.00 (b) | 0.00 (b) | - | - | - |
Net asset value at end of year | $ 40.99 | $ 40.04 | $ 44.66 | $ 36.74 | $ 38.60 |
Market price at end of year(c) | $ 40.86 | $ 39.98 | $ 44.81 | $ 36.68 | $ 38.34 |
Net Asset Value Total Return(d) | 6.58% | (7.45)% | 25.38% | (1.73)% | (3.72)% |
Market Price Total Return(d) | 6.41% | (7.92)% | 25.99% | (1.24)% | (5.55)% |
Ratios/Supplemental Data: | |||||
Net assets at end of year (000’s omitted) | $1,246,076 | $1,275,422 | $1,214,850 | $938,650 | $787,536 |
Ratio to average net assets of: | |||||
Expenses | 0.45% | 0.45% | 0.45% | 0.45% | 0.46% |
Net investment income | 3.64% | 3.02% | 2.95% | 3.05% | 2.87% |
Portfolio turnover rate(e) | 15% | 10% | 13% | 14% | 12% |
(a) | Based on average shares outstanding. |
(b) | Amount represents less than $0.005. |
(c) | The mean between the last bid and ask prices. |
(d) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
(e) | Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
Years Ended October 31, | |||||
2019 | 2018 | 2017 | 2016 | 2015 | |
Per Share Operating Performance: | |||||
Net asset value at beginning of year | $ 29.48 | $ 33.33 | $ 27.37 | $ 26.60 | $ 26.48 |
Net investment income(a) | 0.70 | 0.75 | 0.59 | 0.53 | 0.46 |
Net realized and unrealized gain (loss) on investments | 1.24 | (3.66) | 5.99 | 0.86 | 0.12 |
Total from investment operations | 1.94 | (2.91) | 6.58 | 1.39 | 0.58 |
Distributions to shareholders from: | |||||
Net investment income | (0.75) | (0.94) | (0.62) | (0.62) | (0.46) |
Transaction fees(a) | 0.00 (b) | 0.00 (b) | - | - | - |
Net asset value at end of year | $ 30.67 | $ 29.48 | $ 33.33 | $ 27.37 | $ 26.60 |
Market price at end of year(c) | $ 30.42 | $ 29.48 | $ 33.44 | $ 27.30 | $ 26.66 |
Net Asset Value Total Return(d) | 6.72% | (9.05)% | 24.36% | 5.37% | 2.18% |
Market Price Total Return(d) | 5.85% | (9.36)% | 25.09% | 4.87% | 0.01% |
Ratios/Supplemental Data: | |||||
Net assets at end of year (000’s omitted) | $328,155 | $291,863 | $206,657 | $162,854 | $143,621 |
Ratio to average net assets of: | |||||
Expenses | 0.49% | 0.49% | 0.49% | 0.49% | 0.50% |
Net investment income | 2.36% | 2.25% | 1.98% | 2.01% | 1.73% |
Portfolio turnover rate(e) | 27% | 21% | 19% | 25% | 24% |
(a) | Based on average shares outstanding. |
(b) | Amount represents less than $0.005. |
(c) | The mean between the last bid and ask prices. |
(d) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
(e) | Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
Years Ended October 31, | |||||
2019 | 2018 | 2017 | 2016 | 2015 | |
Per Share Operating Performance: | |||||
Net asset value at beginning of year | $ 20.02 | $ 21.66 | $ 18.81 | $ 15.44 | $ 20.38 |
Net investment income(a) | 0.72 | 0.73 | 0.57 | 0.42 | 0.53 |
Net realized and unrealized gain (loss) on investments | 0.92 | (1.66) | 2.81 | 3.37 | (5.02) |
Total from investment operations | 1.64 | (0.93) | 3.38 | 3.79 | (4.49) |
Distributions to shareholders from: | |||||
Net investment income | (0.71) | (0.71) | (0.53) | (0.42) | (0.45) |
Transaction fees(a) | 0.00 (b) | 0.00 (b) | - | - | - |
Net asset value at end of year | $ 20.95 | $ 20.02 | $ 21.66 | $ 18.81 | $ 15.44 |
Market price at end of year(c) | $ 20.93 | $ 20.03 | $ 21.62 | $ 18.80 | $ 15.37 |
Net Asset Value Total Return(d) | 8.31% | (4.44)% | 18.10% | 25.08% | (22.16)% |
Market Price Total Return(d) | 8.14% | (4.22)% | 17.94% | 25.57% | (22.00)% |
Ratios/Supplemental Data: | |||||
Net assets at end of year (000’s omitted) | $1,277,150 | $1,129,333 | $967,201 | $625,398 | $293,398 |
Ratio to average net assets of: | |||||
Expenses, after Waivers | 0.49% (e) | 0.48% | 0.48% (e) | 0.48% | 0.49% |
Expenses, prior to Waivers | 0.49% (e) | 0.49% | 0.49% (e) | 0.49% | 0.49% |
Net investment income | 3.48% | 3.30% | 2.84% | 2.66% | 2.88% |
Portfolio turnover rate(f) | 29% | 16% | 24% | 16% | 34% |
(a) | Based on average shares outstanding. |
(b) | Amount represents less than $0.005. |
(c) | The mean between the last bid and ask prices. |
(d) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
(e) | In addition to the fees and expenses which the Fund bears directly, the Fund indirectly bears a pro rata share of the fees and expenses of the investment companies in which the Fund invests. Estimated investment companies' expenses are not expenses that are incurred directly by the Fund. They are expenses that are incurred directly by the investment companies and are deducted from the value of the investment companies the Fund invests in. The effect of the estimated investment companies' expenses that the Fund bears indirectly is included in the Fund's total return. |
(f) | Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
Years Ended October 31, | |||||
2019 | 2018 | 2017 | 2016 | 2015 | |
Per Share Operating Performance: | |||||
Net asset value at beginning of year | $ 10.97 | $ 13.08 | $ 10.65 | $ 11.46 | $ 12.52 |
Net investment income(a) | 0.21 | 0.18 | 0.23 | 0.20 | 0.13 |
Net realized and unrealized gain (loss) on investments | 1.72 | (2.07) | 2.39 | (0.80) (b) | (1.07) |
Total from investment operations | 1.93 | (1.89) | 2.62 | (0.60) | (0.94) |
Distributions to shareholders from: | |||||
Net investment income | (0.24) | (0.22) | (0.19) | (0.21) | (0.12) |
Transaction fees(a) | 0.00 (c) | 0.00 (c) | - | - | - |
Net asset value at end of year | $ 12.66 | $ 10.97 | $ 13.08 | $ 10.65 | $ 11.46 |
Market price at end of year(d) | $ 12.56 | $ 10.95 | $ 13.07 | $ 10.62 | $ 11.46 |
Net Asset Value Total Return(e) | 17.86% | (14.69)% | 24.90% | (5.29)% (b) | (7.51)% |
Market Price Total Return(e) | 17.16% | (14.78)% | 25.17% | (5.56)% | (8.10)% |
Ratios/Supplemental Data: | |||||
Net assets at end of year (000’s omitted) | $49,675 | $49,661 | $60,499 | $56,152 | $66,762 |
Ratio to average net assets of: | |||||
Expenses | 0.77% (f) | 0.75% | 0.75% | 0.75% | 0.77% |
Net investment income | 1.74% (f) | 1.43% | 1.98% | 1.83% | 1.11% |
Portfolio turnover rate(g) | 59% | 46% | 40% | 57% | 51% |
(a) | Based on average shares outstanding. |
(b) | Includes settlement proceeds recorded during the period. Had these settlement proceeds not been recorded Net realized and unrealized gain (loss) on investments per share would have been $(0.83) and total return would have been lower. |
(c) | Amount represents less than $0.005. |
(d) | The mean between the last bid and ask prices. |
(e) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
(f) | Ratios include non-recurring costs associated with a proxy statement of 0.02%. |
(g) | Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
Years Ended October 31, | |||||
2019 | 2018 | 2017 | 2016 | 2015 | |
Per Share Operating Performance: | |||||
Net asset value at beginning of year | $ 23.73 | $ 25.27 | $ 21.32 | $ 21.89 | $ 23.35 |
Net investment income(a) | 0.38 | 0.45 | 0.28 | 0.34 | 0.29 |
Net realized and unrealized gain (loss) on investments | 5.25 | (1.54) | 3.95 | (0.60) | (1.45) |
Total from investment operations | 5.63 | (1.09) | 4.23 | (0.26) | (1.16) |
Distributions to shareholders from: | |||||
Net investment income | (0.42) | (0.45) | (0.28) | (0.31) | (0.30) |
Transaction fees(a) | 0.00 (b) | 0.00 (b) | - | - | - |
Net asset value at end of year | $ 28.94 | $ 23.73 | $ 25.27 | $ 21.32 | $ 21.89 |
Market price at end of year(c) | $ 28.84 | $ 23.69 | $ 25.25 | $ 21.29 | $ 21.77 |
Net Asset Value Total Return(d) | 23.90% | (4.45)% | 20.01% | (1.14)% | (5.03)% |
Market Price Total Return(d) | 23.68% | (4.53)% | 20.08% | (0.78)% | (5.35)% |
Ratios/Supplemental Data: | |||||
Net assets at end of year (000’s omitted) | $195,314 | $164,916 | $200,862 | $188,665 | $241,832 |
Ratio to average net assets of: | |||||
Expenses | 0.76% (e) | 0.75% | 0.75% | 0.74% | 0.76% |
Net investment income | 1.45% (e) | 1.77% | 1.22% | 1.62% | 1.27% |
Portfolio turnover rate(f) | 32% | 34% | 34% | 67% | 78% |
(a) | Based on average shares outstanding. |
(b) | Amount represents less than $0.005. |
(c) | The mean between the last bid and ask prices. |
(d) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
(e) | Ratios include non-recurring costs associated with a proxy statement of 0.01%. |
(f) | Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
Years Ended October 31, | |||||
2019 | 2018 | 2017 | 2016 | 2015 | |
Per Share Operating Performance: | |||||
Net asset value at beginning of year | $ 31.00 | $ 35.31 | $ 27.94 | $ 27.02 | $ 25.05 |
Net investment income(a) | 0.76 | 0.69 | 0.47 | 0.74 (b) | 0.44 |
Net realized and unrealized gain (loss) on investments | 1.38 | (4.28) | 7.28 | 0.89 | 1.82 |
Total from investment operations | 2.14 | (3.59) | 7.75 | 1.63 | 2.26 |
Distributions to shareholders from: | |||||
Net investment income | (0.94) | (0.73) | (0.38) | (0.71) | (0.29) |
Transaction fees(a) | 0.00 (c) | 0.01 | - | - | - |
Net asset value at end of year | $ 32.20 | $ 31.00 | $ 35.31 | $ 27.94 | $ 27.02 |
Market price at end of year(d) | $ 32.05 | $ 30.96 | $ 35.47 | $ 28.02 | $ 26.96 |
Net Asset Value Total Return(e) | 7.10% | (10.40)% | 28.03% | 6.25% | 9.04% |
Market Price Total Return(e) | 6.74% | (10.96)% | 28.24% | 6.78% | 7.51% |
Ratios/Supplemental Data: | |||||
Net assets at end of year (000’s omitted) | $141,692 | $243,373 | $197,735 | $92,202 | $58,099 |
Ratio to average net assets of: | |||||
Expenses | 0.55% | 0.55% | 0.55% | 0.55% | 0.55% |
Net investment income | 2.44% | 1.90% | 1.47% | 2.76% (b) | 1.68% |
Portfolio turnover rate(f) | 99% | 121% | 118% | 106% | 162% |
(a) | Based on average shares outstanding. |
(b) | Net investment income per share and the ratio of net investment income to average net assets include a significant dividend received during the period. Net investment income per share and the ratio of net investment income to average net assets excluding the significant dividend are $0.51 and 1.90%, respectively. |
(c) | Amount represents less than $0.005. |
(d) | The mean between the last bid and ask prices. |
(e) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
(f) | Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
Year
Ended October 31,
2019 |
Five
Months Ended
October 31, 2018 |
Years Ended May 31, | ||||
2018 | 2017 | 2016 | 2015 | |||
Per Share Operating Performance: | ||||||
Net asset value at beginning of period | $ 27.98 | $ 33.50 | $ 27.57 | $ 23.63 | $ 26.28 | $ 25.37 |
Net investment income(a) | 0.72 | 0.20 | 0.63 | 0.47 | 0.67 | 0.61 |
Net realized and unrealized gain (loss) on investments | (0.23) | (5.72) | 5.80 | 3.99 | (2.96) | 0.99 |
Total from investment operations | 0.49 | (5.52) | 6.43 | 4.46 | (2.29) | 1.60 |
Distributions to shareholders from: | ||||||
Net investment income | (0.82) | - | (0.50) | (0.52) | (0.36) | (0.69) |
Transaction fees(a) | 0.00 (b) | 0.00 (b) | - | - | - | - |
Net asset value at end of period | $ 27.65 | $ 27.98 | $ 33.50 | $ 27.57 | $ 23.63 | $ 26.28 |
Market price at end of period | $ 27.56(c) | $ 27.94(c) | $ 33.54(c) | $ 27.52 | $ 23.59 | $ 26.26 |
Net Asset Value Total Return(d) | 2.32% | (16.48)% | 23.42% | 19.09% | (8.72)% | 6.50% |
Market Price Total Return(d) | 2.14% | (16.70)% | 23.79% | |||
Ratios/Supplemental Data: | ||||||
Net assets at end of period (000's omitted) | $134,093 | $173,463 | $236,190 | $190,203 | $163,060 | $199,709 |
Ratio to average net assets of: | ||||||
Expenses, after Waivers | 0.56% (e) | 0.55% (f) | 0.55% | 0.57% | 0.60% | 0.70% |
Expenses, prior to Waivers | 0.68% (e) | 0.64% (f) | 0.67% | 0.70% | 0.75% | 0.76% |
Net investment income | 2.70% (e) | 1.50% (f) | 2.02% | 1.85% | 2.83% | 2.44% |
Portfolio turnover rate(g) | 18% | 4% | 10% | 8% | 60% | 29% |
(a) | Based on average shares outstanding. |
(b) | Amount represents less than $0.005. |
(c) | The mean between the last bid and ask prices. |
(d) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
(e) | Ratios include non-recurring costs associated with a proxy statement of 0.01%. |
(f) | Annualized. |
(g) | Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
Years Ended October 31, |
For
the Period
September 19, 2017(a) Through October 31, 2017 |
||
2019 | 2018 | ||
Per Share Operating Performance: | |||
Net asset value at beginning of period | $22.80 | $25.37 | $25.00 |
Net investment income(b) | 0.69 | 0.73 | 0.07 |
Net realized and unrealized gain (loss) on investments | 1.61 | (2.60) | 0.30 |
Total from investment operations | 2.30 | (1.87) | 0.37 |
Distributions to shareholders from: | |||
Net investment income | (0.77) | (0.70) | - |
Net realized gains | (0.02) | - | - |
Total distributions | (0.79) | (0.70) | - |
Net asset value at end of period | $24.31 | $22.80 | $25.37 |
Market price at end of period(c) | $24.35 | $23.03 | $25.54 |
Net Asset Value Total Return(d) | 10.31% | (7.60)% | 1.48% (e) |
Market Price Total Return(d) | 9.37% | (7.30)% | 2.16% (e) |
Ratios/Supplemental Data: | |||
Net assets at end of period (000’s omitted) | $2,431 | $2,280 | $2,537 |
Ratio to average net assets of: | |||
Expenses | 0.37% (f) | 0.07% | 0.07% (g) |
Net investment income | 2.99% (f) | 2.89% | 2.38% (g) |
Portfolio turnover rate(h) | 4% | 7% | 2% |
(a) | Commencement of investment operations. |
(b) | Based on average shares outstanding. |
(c) | The mean between the last bid and ask prices. |
(d) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
(e) | The net asset value total return from Fund Inception (September 22, 2017, the first day of trading on the Exchange) to October 31, 2017 was 1.80%. The market price total return from Fund Inception to October 31, 2017 was 2.12%. |
(f) | Ratios include non-recurring costs associated with a proxy statement of 0.30%. |
(g) | Annualized. |
(h) | Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
Years Ended October 31, |
For
the Period
September 19, 2017(a) Through October 31, 2017 |
||
2019 | 2018 | ||
Per Share Operating Performance: | |||
Net asset value at beginning of period | $ 21.66 | $ 25.07 | $25.00 |
Net investment income(b) | 0.74 (c) | 0.66 | 0.03 |
Net realized and unrealized gain (loss) on investments | 2.06 | (3.42) | 0.04 |
Total from investment operations | 2.80 | (2.76) | 0.07 |
Distributions to shareholders from: | |||
Net investment income | (0.60) | (0.65) | - |
Net asset value at end of period | $ 23.86 | $ 21.66 | $25.07 |
Market price at end of period(d) | $ 23.82 | $ 21.75 | $25.20 |
Net Asset Value Total Return(e) | 13.02% | (11.28)% | 0.28% (f) |
Market Price Total Return(e) | 12.34% | (11.38)% | 0.80% (f) |
Ratios/Supplemental Data: | |||
Net assets at end of period (000’s omitted) | $ 2,386 | $ 2,166 | $2,507 |
Ratio to average net assets of: | |||
Expenses, after Waivers | 0.39% (g)(h) | 0.11% | 0.14% (i) |
Expenses, prior to Waivers | 0.43% (g)(h) | 0.14% | 0.14% (i) |
Net investment income | 3.16% (c)(h) | 2.64% | 1.03% (i) |
Portfolio turnover rate(j) | 13% | 16% | 1% |
(a) | Commencement of investment operations. |
(b) | Based on average shares outstanding. |
(c) | Net Investment income per share and the ratio of net investment income to average net assets include a non-cash taxable distribution received during the year. Net investment income per share and the ratio of net investment income to average net assets excluding the non-cash taxable distribution are $0.56 and 2.39%, respectively. |
(d) | The mean between the last bid and ask prices. |
(e) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
(f) | The net asset value total return from Fund Inception (September 22, 2017, the first day of trading on the Exchange) to October 31, 2017 was 1.05%. The market price total return from Fund Inception to October 31, 2017 was (0.39)%. |
(g) | In addition to the fees and expenses which the Fund bears directly, the Fund indirectly bears a pro rata share of the fees and expenses of the investment companies in which the Fund invests. Estimated investment companies' expenses are not expenses that are incurred directly by the Fund. They are expenses that are incurred directly by the investment companies and are deducted from the value of the investment companies the Fund invests in. The effect of the estimated investment companies' expenses that the Fund bears indirectly is included in the Fund's total return. |
(h) | Ratios include non-recurring costs associated with a proxy statement of 0.29%. |
(i) | Annualized. |
(j) | Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
Years Ended October 31, | |||||
2019 | 2018 | 2017 | 2016 | 2015 | |
Per Share Operating Performance: | |||||
Net asset value at beginning of year | $ 23.02 | $ 24.59 | $ 22.27 | $ 22.31 | $ 27.37 |
Net investment income(a) | 0.74 | 1.04 | 0.63 | 0.57 | 0.69 |
Net realized and unrealized gain (loss) on investments | 0.58 | (1.68) | 2.29 | (0.14) | (5.11) |
Total from investment operations | 1.32 | (0.64) | 2.92 | 0.43 | (4.42) |
Distributions to shareholders from: | |||||
Net investment income | (1.12) | (1.01) | (0.61) | (0.49) | (0.66) |
Transaction fees(a) | 0.01 | 0.08 | 0.01 | 0.02 | 0.02 |
Net asset value at end of year | $ 23.23 | $ 23.02 | $ 24.59 | $ 22.27 | $ 22.31 |
Market price at end of year(b) | $ 23.12 | $ 23.03 | $ 24.63 | $ 22.15 | $ 22.13 |
Net Asset Value Total Return(c) | 5.87% | (2.54)% | 13.30% | 2.12% | (16.21)% |
Market Price Total Return(c) | 5.32% | (2.60)% | 14.09% | 2.39% | (16.48)% |
Ratios/Supplemental Data: | |||||
Net assets at end of year (000’s omitted) | $335,632 | $246,270 | $277,832 | $269,478 | $176,244 |
Ratio to average net assets of: | |||||
Expenses, after Waivers | 0.29% | 0.29% | 0.29% | 0.29% | 0.29% |
Expenses, prior to Waivers | 0.45% | 0.45% | 0.45% | 0.45% | 0.45% |
Net investment income | 3.14% | 4.12% | 2.74% | 2.60% | 2.78% |
Portfolio turnover rate(d) | 67% | 125% | 81% | 73% | 89% |
(a) | Based on average shares outstanding. |
(b) | The mean between the last bid and ask prices. |
(c) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
(d) | Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
(a) | Based on average shares outstanding. |
(b) | Net Investment income per share and the ratio of net investment income to average net assets include a non-cash taxable distribution received during the year. Net investment income per share and the ratio of net investment income to average net assets excluding the non-cash taxable distribution are $0.17 and 0.83%, respectively. |
(c) | The mean between the last bid and ask prices. |
(d) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
(e) | In addition to the fees and expenses which the Fund bears directly, the Fund indirectly bears a pro rata share of the fees and expenses of the investment companies in which the Fund invests. Estimated investment companies' expenses are not expenses that are incurred directly by the Fund. They are expenses that are incurred directly by the investment companies and are deducted from the value of the investment companies the Fund invests in. The effect of the estimated investment companies' expenses that the Fund bears indirectly is included in the Fund's total return. |
(f) | Ratios include non-recurring costs associated with a proxy statement of 0.08%. |
(g) | Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. For the year ended October 31, 2016, the portfolio turnover calculation includes the value of securities purchased and sold in the effort to realign the Fund’s portfolio holdings due to the underlying index change. |
Years Ended October 31, |
For
the Period
November 29, 2016(a) Through October 31, 2017 |
||
2019 | 2018 | ||
Per Share Operating Performance: | |||
Net asset value at beginning of period | $ 26.19 | $28.39 | $25.19 |
Net investment income(b) | 1.25 | 1.27 | 1.02 |
Net realized and unrealized gain (loss) on investments | 2.41 | (2.09) | 3.16 |
Total from investment operations | 3.66 | (0.82) | 4.18 |
Distributions to shareholders from: | |||
Net investment income | (1.25) | (1.38) | (0.98) |
Net asset value at end of period | $ 28.60 | $26.19 | $28.39 |
Market price at end of period(c) | $ 28.61 | $26.41 | $28.60 |
Net Asset Value Total Return(d) | 14.30% | (3.11)% | 16.70% (e) |
Market Price Total Return(d) | 13.34% | (3.06)% | 17.55% (e) |
Ratios/Supplemental Data: | |||
Net assets at end of period (000’s omitted) | $14,300 | $5,238 | $4,258 |
Ratio to average net assets of: | |||
Expenses | 0.37% (f) | 0.30% | 0.30% (g) |
Net investment income | 4.60% (f) | 4.51% | 4.00% (g) |
Portfolio turnover rate(h) | 58% | 65% | 72% |
(a) | Commencement of investment operations. |
(b) | Based on average shares outstanding. |
(c) | The mean between the last bid and ask prices. |
(d) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
(e) | The net asset value total return from Fund Inception (December 1, 2016, the first day of trading on the exchange) to October 31, 2017 was 17.22%. The market price total return from Fund Inception to October 31, 2017 was 18.16%. |
(f) | Ratios include non-recurring costs associated with a proxy statement of 0.07%. |
(g) | Annualized. |
(h) | Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
Years Ended October 31, | |||||
2019 | 2018 | 2017 | 2016 | 2015 | |
Per Share Operating Performance: | |||||
Net asset value at beginning of year | $ 30.83 | $ 33.28 | $ 29.32 | $ 29.99 | $ 31.75 |
Net investment income(a) | 1.15 | 1.08 | 1.00 | 0.99 | 1.02 |
Net realized and unrealized gain (loss) on investments | 3.79 | (2.22) | 4.04 | (0.55) | (1.86) |
Total from investment operations | 4.94 | (1.14) | 5.04 | 0.44 | (0.84) |
Distributions to shareholders from: | |||||
Net investment income | (1.19) | (1.31) | (1.08) | (1.11) | (0.92) |
Net asset value at end of year | $ 34.58 | $ 30.83 | $ 33.28 | $ 29.32 | $ 29.99 |
Market price at end of year(b) | $ 34.57 | $ 30.76 | $ 33.29 | $ 29.38 | $ 29.90 |
Net Asset Value Total Return(c) | 16.33% | (3.62)% | 17.59% | 1.56% | (2.69)% |
Market Price Total Return(c) | 16.56% | (3.87)% | 17.38% | 2.07% | (3.78)% |
Ratios/Supplemental Data: | |||||
Net assets at end of year (000’s omitted) | $989,052 | $537,929 | $569,124 | $384,137 | $313,428 |
Ratio to average net assets of: | |||||
Expenses, after Waivers | 0.25% | 0.25% | 0.25% | 0.25% | 0.25% |
Expenses, prior to Waivers | 0.35% | 0.35% | 0.35% | 0.35% | 0.35% |
Net investment income | 3.51% | 3.26% | 3.19% | 3.33% | 3.32% |
Portfolio turnover rate(d) | 59% | 65% | 69% | 56% | 66% |
(a) | Based on average shares outstanding. |
(b) | The mean between the last bid and ask prices. |
(c) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
(d) | Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
Years Ended October 31, | |||||
2019 | 2018 | 2017 | 2016 | 2015 | |
Per Share Operating Performance: | |||||
Net asset value at beginning of year | $24.86 | $27.96 | $23.57 | $25.85 | $27.75 |
Net investment income(a) | 0.61 | 0.61 | 0.71 | 0.51 | 0.69 |
Net realized and unrealized gain (loss) on investments | 2.12 | (3.04) | 4.49 | (2.30) | (2.13) |
Total from investment operations | 2.73 | (2.43) | 5.20 | (1.79) | (1.44) |
Distributions to shareholders from: | |||||
Net investment income | (0.74) | (0.67) | (0.81) | (0.49) | (0.46) |
Net asset value at end of year | $26.85 | $24.86 | $27.96 | $23.57 | $25.85 |
Market price at end of year(b) | $26.79 | $24.78 | $27.80 | $23.51 | $25.74 |
Net Asset Value Total Return(c) | 11.30% | (8.95)% | 22.57% | (6.92)% | (5.34)% |
Market Price Total Return(c) | 11.42% | (8.70)% | 22.19% | (6.77)% | (6.99)% |
Ratios/Supplemental Data: | |||||
Net assets at end of year (000’s omitted) | $2,685 | $2,486 | $2,796 | $3,535 | $3,877 |
Ratio to average net assets of: | |||||
Expenses, after Waivers | 0.53% (d) | 0.25% | 0.26% | 0.26% | 0.26% |
Expenses, prior to Waivers | 0.63% (d) | 0.35% | 0.36% | 0.36% | 0.36% |
Net investment income | 2.39% (d) | 2.21% | 2.87% | 2.13% | 2.42% |
Portfolio turnover rate(e) | 104% | 123% | 134% | 198% | 98% |
(a) | Based on average shares outstanding. |
(b) | The mean between the last bid and ask prices. |
(c) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
(d) | Ratios include non-recurring costs associated with a proxy statement of 0.27%. |
(e) | Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. For the year ended October 31, 2016, the portfolio turnover calculation includes the value of securities purchased and sold in the effort to realign the Fund’s portfolio holdings due to the underlying index change. |
Years Ended October 31, | |||||
2019 | 2018 | 2017 | 2016 | 2015 | |
Per Share Operating Performance: | |||||
Net asset value at beginning of year | $ 21.36 | $ 23.50 | $ 19.65 | $ 20.19 | $ 19.42 |
Net investment income(a) | 0.54 | 0.58 | 0.45 | 0.41 | 0.33 |
Net realized and unrealized gain (loss) on investments | 3.16 | (2.18) | 3.88 | (0.54) (b) | 0.75 |
Total from investment operations | 3.70 | (1.60) | 4.33 | (0.13) | 1.08 |
Distributions to shareholders from: | |||||
Net investment income | (0.59) | (0.54) | (0.48) | (0.41) | (0.31) |
Transaction fees(a) | 0.00 (c) | 0.00 (c) | - | - | - |
Net asset value at end of year | $ 24.47 | $ 21.36 | $ 23.50 | $ 19.65 | $ 20.19 |
Market price at end of year(d) | $ 24.53 | $ 21.31 | $ 23.71 | $ 19.61 | $ 20.14 |
Net Asset Value Total Return(e) | 17.58% | (7.00)% | 22.36% | (0.62)% (b) | 5.60% |
Market Price Total Return(e) | 18.14% | (8.05)% | 23.70% | (0.59)% | 4.42% |
Ratios/Supplemental Data: | |||||
Net assets at end of year (000’s omitted) | $47,726 | $32,039 | $28,203 | $20,628 | $19,180 |
Ratio to average net assets of: | |||||
Expenses | 0.31% (f) | 0.29% | 0.31% | 0.45% | 0.49% |
Net investment income | 2.38% (f) | 2.47% | 2.10% | 2.09% | 1.66% |
Portfolio turnover rate(g) | 54% | 54% | 49% | 165% | 78% |
(a) | Based on average shares outstanding. |
(b) | Includes settlement proceeds recorded during the period. Had these settlement proceeds not been recorded Net realized and unrealized gain (loss) on investments per share would have been $(0.71) and total return would have been lower. |
(c) | Amount represents less than $0.005. |
(d) | The mean between the last bid and ask prices. |
(e) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
(f) | Ratios include non-recurring costs associated with a proxy statement of 0.02%. |
(g) | Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. For the year ended October 31, 2016, the portfolio turnover calculation includes the value of securities purchased and sold in the effort to realign the Fund’s portfolio holdings due to the underlying index change. |
Call: |
Invesco
Distributors, Inc. at 1-800-983-0903
Monday through Friday 8:00 a.m. to 5:00 p.m. Central Time |
Write: |
Invesco
Exchange-Traded Fund Trust II
c/o Invesco Distributors, Inc. 11 Greenway Plaza, Suite 1000 Houston, Texas 77046-1173 |
Visit: | www.invesco.com/ETFs |
Prospectus | February 28, 2020 |
PCY | Invesco Emerging Markets Sovereign Debt ETF | NYSE Arca, Inc. |
PGHY | Invesco Global Short Term High Yield Bond ETF | NYSE Arca, Inc. |
PICB | Invesco International Corporate Bond ETF | NYSE Arca, Inc. |
PBTP | Invesco PureBetaSM 0-5 Yr US TIPS ETF | Cboe BZX Exchange, Inc. |
Annual
Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment) |
|
Management Fees | 0.50% |
... | |
Other Expenses | 0.00% |
... | |
Total Annual Fund Operating Expenses | 0.50% |
... |
1 Year | 3 Years | 5 Years | 10 Years |
$51 | $160 | $280 | $628 |
1 Year | 5 Years | 10 Years | |
Return Before Taxes | 17.47% | 6.05% | 6.82% |
Return After Taxes on Distributions | 15.12% | 3.83% | 4.69% |
Return After Taxes on Distributions and Sale of Fund Shares | 10.26% | 3.61% | 4.38% |
... | |||
DBIQ
Emerging Market USD Liquid Balanced Index
(reflects no deduction for fees, expenses or taxes) |
18.12% | 6.67% | 7.70% |
... | |||
JP
Morgan Emerging Market Bond Global Index
(reflects no deduction for fees, expenses or taxes) |
14.42% | 5.88% | 6.57% |
... |
Name | Title with Adviser/Trust |
Date
Began
Managing the Fund |
Peter Hubbard | Director of Portfolio Management of the Adviser and Vice President of the Trust | Since Inception |
... | ||
Jeffrey W. Kernagis | Senior Portfolio Manager of the Adviser | Since Inception |
... | ||
Gary Jones | Portfolio Manager of the Adviser | January 2012 |
... | ||
Richard Ose | Portfolio Manager of the Adviser | February 2014 |
... | ||
Greg Meisenger | Portfolio Manager of the Adviser | February 2020 |
Annual
Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment) |
|
Management Fees | 0.35% |
... | |
Other Expenses | 0.00% |
... | |
Total Annual Fund Operating Expenses | 0.35% |
... |
1 Year | 3 Years | 5 Years | 10 Years |
$36 | $113 | $197 | $443 |
1 Year | 5 Years |
Since
Inception
(06/20/13) |
|
Return Before Taxes | 5.32% | 4.99% | 4.07% |
Return After Taxes on Distributions | 3.08% | 2.64% | 1.87% |
Return After Taxes on Distributions and Sale of Fund Shares | 3.13% | 2.76% | 2.11% |
... | |||
DB
Global Short Maturity High Yield Bond Index
(reflects no deduction for fees, expenses or taxes) |
6.16% | 6.41% | 5.51% |
... | |||
ICE
BofA 0-5 Year U.S. High Yield Constrained Index
(reflects no deduction for fees, expenses or taxes) |
9.90% | 5.31% | 5.07% |
... |
Name | Title with Adviser/Trust |
Date
Began
Managing the Fund |
Peter Hubbard | Director of Portfolio Management of the Adviser and Vice President of the Trust | Since Inception |
... | ||
Jeffrey W. Kernagis | Senior Portfolio Manager of the Adviser | Since Inception |
... | ||
Gary Jones | Portfolio Manager of the Adviser | Since Inception |
... | ||
Richard Ose | Portfolio Manager of the Adviser | Since Inception |
... | ||
Greg Meisenger | Portfolio Manager of the Adviser | February 2020 |
... |
Annual
Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment) |
|
Management Fees | 0.50% |
... | |
Other Expenses(1) | 0.00% |
... | |
Total Annual Fund Operating Expenses | 0.50% |
... |
(1) | Other Expenses do not reflect any extraordinary expenses incurred during the most recent fiscal period, such as the costs associated with a proxy statement of the Fund. Had these expenses been included, Other Expenses would have been 0.01%. |
1 Year | 3 Years | 5 Years | 10 Years |
$51 | $160 | $280 | $628 |
1 Year | 5 Years |
Since
Inception
(06/03/10) |
|
Return Before Taxes | 9.55% | 0.89% | 3.43% |
Return After Taxes on Distributions | 9.18% | 0.55% | 2.77% |
Return After Taxes on Distributions and Sale of Fund Shares | 5.66% | 0.53% | 2.40% |
... | |||
S&P
International Corporate Bond Index® (Net)
(reflects invested dividends net of withholding taxes, but reflects no deduction for fees, expenses or other taxes) |
9.30% | 0.81% | 3.33% |
... | |||
Bloomberg
Barclays Pan-European Aggregate Index
(reflects no deduction for fees, expenses or taxes) |
5.26% | 0.77% | 3.26% |
... |
Name | Title with Adviser/Trust |
Date
Began
Managing the Fund |
Peter Hubbard | Director of Portfolio Management of the Adviser and Vice President of the Trust | Since Inception |
... | ||
Jeffrey W. Kernagis | Senior Portfolio Manager of the Adviser | Since Inception |
... | ||
Gary Jones | Portfolio Manager of the Adviser | January 2012 |
... | ||
Greg Meisenger | Portfolio Manager of the Adviser | February 2020 |
... | ||
Jeremy Neisewander | Portfolio Manager of the Adviser | February 2020 |
... |
Annual
Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment) |
|
Management Fees | 0.07% |
... | |
Other Expenses(1) | 0.00% |
... | |
Total Annual Fund Operating Expenses | 0.07% |
... |
(1) | Other Expenses do not reflect any extraordinary expenses incurred during the most recent fiscal period, such as the costs associated with a proxy statement of the Fund. Had these expenses been included, Other Expenses would have been 0.13%. |
1 Year | 3 Years | 5 Years | 10 Years |
$7 | $23 | $40 | $90 |
1 Year |
Since
Inception
(09/22/17) |
||
Return Before Taxes | 4.70% | 2.31% | |
Return After Taxes on Distributions | 3.80% | 1.36% | |
Return After Taxes on Distributions and Sale of Fund Shares | 2.78% | 1.36% | |
... | |||
ICE
BofA 0-5 Year US Inflation-Linked Treasury IndexSM
(reflects no deduction for fees, expenses or taxes) |
4.91% | 2.43% | |
... |
Name | Title with Adviser/Trust |
Date
Began
Managing the Fund |
Peter Hubbard | Director of Portfolio Management of the Adviser and Vice President of the Trust | September 2017 |
... | ||
Jeffrey W. Kernagis | Senior Portfolio Manager of the Adviser | September 2017 |
... | ||
Gary Jones | Portfolio Manager of the Adviser | September 2017 |
... | ||
Richard Ose | Portfolio Manager of the Adviser | September 2017 |
... | ||
Greg Meisenger | Portfolio Manager of the Adviser | February 2020 |
... |
• | Issued in U.S. dollars; |
• | Sovereign bond; |
• | At least three years remaining to maturity for a bond already in the Underlying Index at the time of rebalance; |
• | At least 3 years and 3 months remain to maturity for a bond not currently a member of the Underlying Index at the time of rebalance; |
• | Outstanding amount of $500 million or greater; |
• | Fixed coupon bond; and |
• | Not a domestic issue, Rule 144A security, private placement, Brady Bond, restructured bond, bond in default, floating/variable coupon bond, sinking bond, callable bond (unless it has a make-whole call provision, which is allowed), putable bond, zero coupon/zero coupon step-up bond, bond without cash flows, convertible, inflation linked, other index-linked, cum or ex-warrant, floating rate note with coupon cap, perpetual or accrued only bond. |
(1) | Each emerging market country with at least one eligible security will be included in the Underlying Index; |
(2) | Each emerging market country cannot have more than three securities included from the “Underlying Index Membership” list; |
(3) | Bonds within each emerging market country are selected on the basis of potential outperformance; |
(4) | Each eligible emerging market country included with at least two bonds will be given an equal weighting in the Underlying Index and with at least one bond will be given half this weight in the Underlying Index annually on the calendar day before March 1; and |
(5) | Within each eligible emerging market country, each bond is given an equal market value weight annually on the calendar day before March 1. |
■ | Peter Hubbard, Director of Portfolio Management of the Adviser, has been responsible for the management of certain Funds in the Invesco family of ETFs since June 2007 and has been associated with the Adviser since 2005. |
■ | Gary Jones, Portfolio Manager of the Adviser, has been responsible for the management of certain Funds in the Invesco family of ETFs since January 2012 and has been associated with the Adviser since December 2010. |
■ | Jeffrey W. Kernagis, Senior Portfolio Manager of the Adviser, has been responsible for the management of certain Funds in the Invesco family of ETFs since September 2007 and has been associated with the Adviser since 2007. |
■ | Greg Meisenger, Portfolio Manager of the Adviser, has been responsible for the management of certain Funds in the Invesco family of ETFs since May 2018 and has been associated with the Adviser since March 2018. Prior to joining the Adviser, Mr. Meisenger was a Senior Trader with Columbia Management Investment Advisers, LLC since 2015. Prior to that, Mr. Meisenger was a Senior Trader with Thrivent Asset Management, LLC from 2005 to 2015. |
■ | Jeremy Neisewander, Portfolio Manager of the Adviser, has been responsible for the management of certain Funds in the Invesco family of ETFs since April 2018 and has been associated with the Adviser since April 2018. Prior to joining the Adviser, Mr. Neisewander was a Vice President and Portfolio Manager of Guggenheim Investments and joined Guggenheim Investments in May 2014. Mr. Neisewander was a member of the ETF Portfolio Management team. Prior to joining Guggenheim Investments, Mr. Neisewander held Analyst and Portfolio Management roles within the multi-asset team at UBS Global Asset Management from 2005 to 2014. |
■ | Richard Ose, Portfolio Manager of the Adviser, has been responsible for the management of certain Funds in the Invesco family of ETFs since October 2013 and has been associated with the Adviser since 2011. |
Fund | Management Fee |
Invesco Emerging Markets Sovereign Debt ETF | 0.50% |
... |
Fund | Management Fee |
Invesco Global Short Term High Yield Bond ETF | 0.35% |
... | |
Invesco International Corporate Bond ETF | 0.50% |
... | |
Invesco PureBetaSM 0-5 Yr US TPS ETF | 0.07% |
... |
Fund | Symbol | Exchange |
Invesco Emerging Markets Sovereign Debt ETF | PCY | NYSE Arca, Inc. |
... | ||
Invesco Global Short Term High Yield Bond ETF | PGHY | NYSE Arca, Inc. |
... | ||
Invesco International Corporate Bond ETF | PICB | NYSE Arca, Inc. |
... | ||
Invesco PureBetaSM 0-5 Yr US TIPS ETF | PBTP | Cboe BZX Exchange, Inc. |
... |
■ | A Fund earns income generally in the form of dividends or interest on its investments. This income, less expenses incurred in the operation of a Fund, constitutes a Fund’s net investment income from which dividends may be paid to shareholders. If you are a taxable investor, distributions of net investment income generally are taxable to you as ordinary income. |
■ | Distributions of net short-term capital gains are taxable to you as ordinary income. A Fund with a high portfolio turnover rate (a measure of how frequently assets within a Fund are bought and sold) is more likely to generate short-term capital gains than a Fund with a low portfolio turnover rate. For ETFs for which in-kind redemptions are the primary redemption mechanism, a Fund may be less likely to sell securities in order to generate cash for redeeming shareholders, which a mutual fund might do. This provides a greater opportunity for ETFs to defer the recognition of gain on appreciated securities which it may hold thereby reducing the distribution of capital gains to its shareholders. |
■ | Distributions of net long-term capital gains are taxable to you as long-term capital gains no matter how long you have owned your Shares. |
■ | A portion of income dividends paid by a Fund may be reported as qualified dividend income eligible for taxation by individual shareholders at long-term capital gain rates, provided certain holding period requirements are met. These reduced rates generally are available for dividends derived from a Fund’s investment in stocks of domestic corporations and qualified foreign corporations. In the case of a Fund that invests primarily in debt securities, either none or only a nominal portion of the dividends paid by a Fund will be eligible for taxation at these reduced rates. |
■ | The use of derivatives by a Fund may cause the Fund to realize higher amounts of ordinary income or short-term capital gain, distributions from which are taxable to individual shareholders at ordinary income tax rates rather than at the more favorable tax rates for long-term capital gain. |
■ | Distributions declared to shareholders with a record date in December–if paid to you by the end of January–are taxable for federal income tax purposes as if received in December. |
■ | Any long-term or short-term capital gains realized on the sale of your Shares will be subject to federal income tax. |
■ | A shareholder’s cost basis information will be provided on the sale of any of the shareholder’s Shares, subject to certain exceptions for exempt recipients. Please contact the broker (or other nominee) that holds your Shares with respect to reporting of cost basis and available elections for your account. |
■ | At the time you purchase your Shares, a Fund’s NAV may reflect undistributed income or undistributed capital gains. A subsequent distribution to you of such amounts, although constituting a return of your investment, would be taxable. Buying Shares in a Fund just before it declares an income dividend or capital gains distribution is sometimes known as “buying a dividend.” In addition, a Fund’s NAV may, at any time, reflect net unrealized appreciation, which may result in future taxable distributions to you. |
■ | By law, if you do not provide a Fund with your proper taxpayer identification number and certain required certifications, you may be subject to backup withholding on any distributions of income, capital gains, or proceeds from the sale of your Shares. A Fund also must withhold if the IRS instructs it to do so. When withholding is required, the amount will be 24% of any distributions or proceeds paid. |
■ | An additional 3.8% Medicare tax is imposed on certain net investment income (including ordinary dividends and capital gain distributions received from a Fund and net gains from redemptions or other taxable dispositions of Shares) of U.S. individuals, estates and trusts to the extent that such person’s “modified adjusted gross income” (in the case of an individual) or “adjusted gross income” (in the case of an estate or trust) exceeds a threshold amount. This Medicare tax, if applicable, is reported by you on, and paid with, your federal income tax return. |
■ | You will not be required to include the portion of dividends paid by a Fund derived from interest on U.S. government obligations in your gross income for purposes of personal and, in some cases, corporate income taxes in many state and local tax jurisdictions. The percentage of dividends that constitutes dividends derived from interest on federal obligations will be determined annually. This percentage may differ from the actual percentage of interest received by the Fund on federal obligations for the particular days on which you hold shares. |
■ | Fund distributions and gains from sale of Shares generally are subject to state and local income taxes. |
■ | If a Fund qualifies to pass through the tax benefits from foreign taxes it pays on its investments, and elects to do so, then any foreign taxes it |
pays on these investments may be passed through to you as a foreign tax credit. You will then be required to include your pro-rata share of these taxes in gross income, even though not actually received by you, and will be entitled either to deduct your share of these taxes in computing your taxable income, or to claim a foreign tax credit for these taxes against your U.S. federal income tax. | |
■ | Foreign investors should be aware that U.S. withholding, special certification requirements to avoid U.S. backup withholding and claim any treaty benefits, and estate taxes may apply to an investment in a Fund. |
■ | Under the Foreign Account Tax Compliance Act (FATCA), a 30% withholding tax is imposed on income dividends made by a Fund to certain foreign entities, referred to as foreign financial institutions or non-financial foreign entities that fail to comply (or be deemed compliant) with extensive reporting and withholding requirements designed to inform the U.S. Department of the Treasury of U.S.-owned foreign investment accounts. After December 31, 2018, FATCA withholding also would have applied to certain capital gain distributions, return of capital distributions and the proceeds arising from the sale of Shares; however, based on proposed regulations recently issued by the IRS on the Fund may rely, such withholding is no longer required unless final regulations provide otherwise (which is not expected). A Fund may disclose the information that it receives from its shareholders to the IRS, non-U.S. taxing authorities or other parties as necessary to comply with FATCA or similar laws. Withholding also may be required if a foreign entity that is a shareholder of a Fund fails to provide the Fund with appropriate certifications or other documentation concerning its status under FATCA. |
■ | If a Fund invests in an underlying fund taxed as a RIC, please see any relevant section below for more information regarding the Fund’s investment in such underlying fund. |
■ | Because of “noncash” expenses such as property depreciation, the cash flow of a REIT that owns properties will exceed its taxable income. The REIT, and in turn a Fund, may distribute this excess cash. Such a distribution is classified as a return of capital. Return of capital distributions generally are not taxable to you. Your cost basis in your shares will be decreased by the amount of any return of capital. Any return of capital distributions in excess of your cost basis will be treated as capital gains. |
■ | Dividends paid to shareholders from a Fund’s investments in U.S. REITs generally will not qualify for taxation at long-term capital gain rates applicable to qualified dividend income. |
■ | A Fund may derive “excess inclusion income” from certain equity interests in mortgage pooling vehicles either directly or through an investment in a U.S. REIT. Please see the SAI for a discussion of the risks and special tax consequences to shareholders in the event a Fund realizes excess inclusion income in excess of certain threshold amounts. |
■ | Under the Tax Cuts and Jobs Act, “qualified REIT dividends” (i.e., ordinary REIT dividends other than capital gain dividends and portions of REIT dividends designated as qualified dividend income) are treated as eligible for a 20% deduction by noncorporate taxpayers. Proposed regulations issued by the IRS, on which a Fund can rely, enable the Fund to pass through the special character of “qualified REIT dividends” to a shareholder, provided the shareholder meets certain holding period requirements with respect to their shares. |
■ | A Fund’s foreign shareholders should see the SAI for a discussion of the risks and special tax consequences to them from a sale of a U.S. real property interest by a REIT in which the Fund invests. |
Years Ended October 31, | |||||
2019 | 2018 | 2017 | 2016 | 2015 | |
Per Share Operating Performance: | |||||
Net asset value at beginning of year | $ 26.20 | $ 29.62 | $ 29.81 | $ 28.08 | $ 29.03 |
Net investment income(a) | 1.41 | 1.26 | 1.45 | 1.46 | 1.48 |
Net realized and unrealized gain (loss) on investments | 2.93 | (3.42) | (0.17) | 1.74 | (0.97) |
Total from investment operations | 4.34 | (2.16) | 1.28 | 3.20 | 0.51 |
Distributions to shareholders from: | |||||
Net investment income | (1.42) | (1.26) | (1.46) | (1.47) | (1.46) |
Return of capital | - | - | (0.01) | - | - |
Total distributions | (1.42) | (1.26) | (1.47) | (1.47) | (1.46) |
Net asset value at end of year | $ 29.12 | $ 26.20 | $ 29.62 | $ 29.81 | $ 28.08 |
Market price at end of year(b) | $ 29.13 | $ 26.13 | $ 29.62 | $ 29.70 | $ 28.02 |
Net Asset Value Total Return(c) | 16.91% | (7.42)% | 4.49% | 11.79% | 1.87% |
Market Price Total Return(c) | 17.28% | (7.66)% | 4.88% | 11.61% | 1.49% |
Ratios/Supplemental Data: | |||||
Net assets at end of year (000’s omitted) | $3,535,387 | $3,704,365 | $4,970,710 | $4,125,597 | $2,653,385 |
Ratio to average net assets of: | |||||
Expenses | 0.50% | 0.50% | 0.50% | 0.50% | 0.50% |
Net investment income | 5.03% | 4.51% | 4.98% | 5.06% | 5.25% |
Portfolio turnover rate(d) | 28% | 54% | 30% | 30% | 27% |
(a) | Based on average shares outstanding. |
(b) | The mean between the last bid and ask prices. |
(c) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
(d) | Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
Years Ended October 31, | |||||
2019 | 2018 | 2017 | 2016 | 2015 | |
Per Share Operating Performance: | |||||
Net asset value at beginning of year | $ 23.14 | $ 24.14 | $ 24.16 | $ 23.50 | $ 24.12 |
Net investment income(a) | 1.20 | 1.24 | 1.34 | 1.51 | 1.04 |
Net realized and unrealized gain (loss) on investments | (0.32) | (1.00) | 0.02 | 0.59 | (0.62) |
Total from investment operations | 0.88 | 0.24 | 1.36 | 2.10 | 0.42 |
Distributions to shareholders from: | |||||
Net investment income | (1.20) | (1.24) | (1.37) | (1.42) | (1.03) |
Return of capital | - | - | (0.01) | (0.02) | (0.01) |
Total distributions | (1.20) | (1.24) | (1.38) | (1.44) | (1.04) |
Net asset value at end of year | $ 22.82 | $ 23.14 | $ 24.14 | $ 24.16 | $ 23.50 |
Market price at end of year(b) | $ 22.81 | $ 23.03 | $ 24.19 | $ 24.23 | $ 23.37 |
Net Asset Value Total Return(c) | 3.90% | 1.05% | 5.76% | 9.27% | 1.83% |
Market Price Total Return(c) | 4.36% | 0.36% | 5.66% | 10.17% | 1.61% |
Ratios/Supplemental Data: | |||||
Net assets at end of year (000’s omitted) | $230,477 | $216,400 | $222,093 | $68,862 | $27,029 |
Ratio to average net assets of: | |||||
Expenses | 0.35% | 0.35% | 0.35% | 0.35% | 0.35% |
Net investment income | 5.21% | 5.25% | 5.52% | 6.43% | 4.43% |
Portfolio turnover rate(d) | 57% | 42% | 38% | 53% | 50% |
(a) | Based on average shares outstanding. |
(b) | The mean between the last bid and ask prices. |
(c) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
(d) | Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
Years Ended October 31, | |||||
2019 | 2018 | 2017 | 2016 | 2015 | |
Per Share Operating Performance: | |||||
Net asset value at beginning of year | $ 25.31 | $ 26.88 | $ 25.08 | $ 25.95 | $ 28.77 |
Net investment income(a) | 0.39 | 0.43 | 0.42 | 0.55 | 0.62 |
Net realized and unrealized gain (loss) on investments | 1.65 | (1.57) | 1.80 | (0.86) | (2.82) |
Total from investment operations | 2.04 | (1.14) | 2.22 | (0.31) | (2.20) |
Distributions to shareholders from: | |||||
Net investment income | (0.23) | (0.43) | (0.23) | - | (0.03) |
Return of capital | (0.16) | - | (0.19) | (0.56) | (0.59) |
Total distributions | (0.39) | (0.43) | (0.42) | (0.56) | (0.62) |
Transaction fees(a) | 0.00 (b) | - | 0.00 (b) | 0.00 (b) | 0.00 (b) |
Net asset value at end of year | $ 26.96 | $ 25.31 | $ 26.88 | $ 25.08 | $ 25.95 |
Market price at end of year(c) | $ 26.84 | $ 25.28 | $ 26.89 | $ 25.02 | $ 25.89 |
Net Asset Value Total Return(d) | 8.12% | (4.31)% | 8.95% | (1.26)% | (7.73)% |
Market Price Total Return(d) | 7.77% | (4.46)% | 9.25% | (1.26)% | (7.94)% |
Ratios/Supplemental Data: | |||||
Net assets at end of year (000’s omitted) | $111,878 | $118,969 | $159,963 | $160,539 | $189,454 |
Ratio to average net assets of: | |||||
Expenses | 0.51% (e) | 0.50% | 0.50% | 0.50% | 0.50% |
Net investment income | 1.49% (e) | 1.58% | 1.62% | 2.12% | 2.29% |
Portfolio turnover rate(f) | 23% | 12% | 14% | 24% | 13% |
(a) | Based on average shares outstanding. |
(b) | Amount represents less than $0.005. |
(c) | The mean between the last bid and ask prices. |
(d) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
(e) | Ratios include non-recurring costs associated with a proxy statement of 0.01%. |
(f) | Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
Years Ended October 31, |
For
the Period
September 19, 2017(a) Through October 31, 2017 |
||
2019 | 2018 | ||
Per Share Operating Performance: | |||
Net asset value at beginning of period | $24.40 | $24.99 | $25.00 |
Net investment income(b) | 0.59 | 0.63 | 0.06 |
Net realized and unrealized gain (loss) on investments | 0.39 | (0.55) | (0.07) |
Total from investment operations | 0.98 | 0.08 | (0.01) |
Distributions to shareholders from: | |||
Net investment income | (0.49) | (0.67) | - |
Net asset value at end of period | $24.89 | $24.40 | $24.99 |
Market price at end of period(c) | $24.90 | $24.40 | $24.99 |
Net Asset Value Total Return(d) | 4.04% | 0.33% | (0.04)% (e) |
Market Price Total Return(d) | 4.07% | 0.33% | (0.04)% (e) |
Ratios/Supplemental Data: | |||
Net assets at end of period (000’s omitted) | $7,467 | $2,440 | $2,499 |
Ratio to average net assets of: | |||
Expenses | 0.20% (f) | 0.07% | 0.07% (g) |
Net investment income | 2.39% (f) | 2.53% | 2.22% (g) |
Portfolio turnover rate(h) | 30% | 19% | 0% |
(a) | Commencement of investment operations. |
(b) | Based on average shares outstanding. |
(c) | The mean between the last bid and ask prices. |
(d) | Net asset value total return is calculated assuming an initial investment made at the net asset value at the beginning of the period, reinvestment of all dividends and distributions at net asset value during the period, and redemption at net asset value on the last day of the period. Net asset value total return includes adjustments in accordance with accounting principles generally accepted in the United States of America and as such, the net asset value for financial reporting purposes and the returns based upon those net asset values may differ from the net asset value and returns for shareholder transactions. Market price total return is calculated assuming an initial investment made at the market price at the beginning of the period, reinvestment of all dividends and distributions at market price during the period, and sale at the market price on the last day of the period. Total investment returns calculated for a period of less than one year are not annualized. |
(e) | The net asset value total return from Fund Inception (September 22, 2017, the first day of trading on the Exchange) to October 31, 2017 was 0.12%. The market price total return from Fund Inception to October 31, 2017 was 0.12%. |
(f) | Ratios include non-recurring costs associated with a proxy statement of 0.13%. |
(g) | Annualized. |
(h) | Portfolio turnover rate is not annualized for periods less than one year, if applicable, and does not include securities received or delivered from processing creations or redemptions. |
Call: |
Invesco
Distributors, Inc. at 1-800-983-0903
Monday through Friday 8:00 a.m. to 5:00 p.m. Central Time |
Write: |
Invesco
Exchange-Traded Fund Trust II
c/o Invesco Distributors, Inc. 11 Greenway Plaza, Suite 1000 Houston, Texas 77046-1173 |
Visit: | www.invesco.com/ETFs |
Fund | Principal U.S. Listing Exchange | Ticker | ||
Invesco China Technology ETF | NYSE Arca, Inc. | CQQQ | ||
Invesco DWA Developed Markets Momentum ETF | The Nasdaq Stock Market | PIZ | ||
Invesco DWA Emerging Markets Momentum ETF | The Nasdaq Stock Market | PIE | ||
Invesco Emerging Markets Sovereign Debt ETF | NYSE Arca, Inc. | PCY | ||
Invesco FTSE International Low Beta Equal Weight ETF | The Nasdaq Stock Market | IDLB | ||
Invesco FTSE RAFI Developed Markets ex-U.S. ETF | NYSE Arca, Inc. | PXF | ||
Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF | NYSE Arca, Inc. | PDN | ||
Invesco FTSE RAFI Emerging Markets ETF | NYSE Arca, Inc. | PXH | ||
Invesco Global Clean Energy ETF | NYSE Arca, Inc. | PBD | ||
Invesco Global Short Term High Yield Bond ETF | NYSE Arca, Inc. | PGHY | ||
Invesco Global Water ETF | The Nasdaq Stock Market | PIO | ||
Invesco International BuyBack Achievers™ ETF | The Nasdaq Stock Market | IPKW | ||
Invesco International Corporate Bond ETF | NYSE Arca, Inc. | PICB | ||
Invesco MSCI Global Timber ETF | NYSE Arca, Inc. | CUT | ||
Invesco PureBetaSM 0-5 Yr US TIPS ETF | Cboe BZX Exchange, Inc. | PBTP | ||
Invesco PureBetaSM FTSE Developed ex-North America ETF | Cboe BZX Exchange, Inc. | PBDM | ||
Invesco PureBetaSM FTSE Emerging Markets ETF | Cboe BZX Exchange, Inc. | PBEE | ||
Invesco S&P Emerging Markets Low Volatility ETF | NYSE Arca, Inc. | EELV | ||
Invesco S&P Emerging Markets Momentum ETF | NYSE Arca, Inc. | EEMO | ||
Invesco S&P Global Water Index ETF | NYSE Arca, Inc. | CGW | ||
Invesco S&P International Developed High Dividend Low Volatility ETF | Cboe BZX Exchange, Inc. | IDHD | ||
Invesco S&P International Developed Low Volatility ETF | NYSE Arca, Inc. | IDLV | ||
Invesco S&P International Developed Momentum ETF | NYSE Arca, Inc. | IDMO | ||
Invesco S&P International Developed Quality ETF | NYSE Arca, Inc. | IDHQ |
(1) | As to 75% of its total assets, invest more than 5% of the value of its total assets in the securities of any one issuer (other than obligations issued, or guaranteed, by the U.S. Government, its agencies or instrumentalities). |
(2) | As to 75% of its total assets, purchase more than 10% of all outstanding voting securities or any class of securities of any one issuer. |
(3) | With respect to Invesco DWA Developed Markets Momentum ETF, Invesco DWA Emerging Markets Momentum ETF, Invesco Emerging Markets Sovereign Debt ETF, Invesco FTSE RAFI Developed Markets ex-U.S. ETF, Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF, Invesco FTSE RAFI Emerging Markets ETF, Invesco Global Clean Energy ETF, Invesco Global Water ETF, Invesco International Corporate Bond ETF and Invesco S&P International Developed Quality ETF, invest 25% or more of the value of its total assets in securities of issuers in any one industry or group of industries, except to the extent that the underlying index that the Fund replicates |
concentrates in an industry or group of industries. This restriction does not apply to obligations issued or guaranteed by the U.S. Government, its agencies or instrumentalities. |
(4) | With respect to Invesco China Technology ETF, Invesco FTSE International Low Beta Equal Weight ETF, Invesco Global Short Term High Yield Bond ETF, Invesco International BuyBack Achievers™ ETF, Invesco MSCI Global Timber ETF, Invesco PureBetaSM 0-5 Yr US TIPS ETF, Invesco PureBetaSM FTSE Developed ex-North America ETF, Invesco PureBetaSM FTSE Emerging Markets ETF, Invesco S&P Emerging Markets Low Volatility ETF, Invesco S&P Emerging Markets Momentum ETF, Invesco S&P Global Water Index ETF, Invesco S&P International Developed High Dividend Low Volatility ETF, Invesco S&P International Developed Low Volatility ETF and Invesco S&P International Developed Momentum ETF, invest more than 25% of the value of its net assets in securities of issuers in any one industry or group of industries, except to the extent that the underlying index that the Fund replicates concentrates in an industry or group of industries. This restriction does not apply to obligations issued or guaranteed by the U.S. Government, its agencies or instrumentalities. |
(5) | With respect to Invesco DWA Developed Markets Momentum ETF, Invesco DWA Emerging Markets Momentum ETF, Invesco Emerging Markets Sovereign Debt ETF, Invesco FTSE RAFI Developed Markets ex-U.S. ETF, Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF, Invesco FTSE RAFI Emerging Markets ETF, Invesco Global Clean Energy ETF, Invesco Global Short Term High Yield Bond ETF, Invesco Global Water ETF, Invesco International Corporate Bond ETF and Invesco S&P International Developed Quality ETF, borrow money, except that the Fund may (i) borrow money from banks for temporary or emergency purposes (but not for leverage or the purchase of investments) up to 10% of its total assets and (ii) make other investments or engage in other transactions permissible under the 1940 Act that may involve a borrowing, provided that the combination of (i) and (ii) shall not exceed 33 1/3% of the value of the Fund’s total assets (including the amount borrowed), less the Fund’s liabilities (other than borrowings). |
(6) | With respect to Invesco China Technology ETF, Invesco FTSE International Low Beta Equal Weight ETF, Invesco International BuyBack Achievers™ ETF, Invesco MSCI Global Timber ETF, Invesco PureBetaSM 0-5 Yr US TIPS ETF, Invesco PureBetaSM FTSE Developed ex-North America ETF, Invesco PureBetaSM FTSE Emerging Markets ETF, Invesco S&P Emerging Markets Low Volatility ETF, Invesco S&P Emerging Markets Momentum ETF, Invesco S&P Global Water Index ETF, Invesco S&P International Developed High Dividend Low Volatility ETF, Invesco S&P International Developed Low Volatility ETF and Invesco S&P International Developed Momentum ETF, borrow money, except the Fund may borrow money to the extent permitted by (i) the 1940 Act, (ii) the rules and regulations promulgated by the Securities and Exchange Commission (“SEC”) under the 1940 Act, or (iii) an exemption or other relief applicable to the Fund from the provisions of the 1940 Act. |
(7) | Act as an underwriter of another issuer’s securities, except to the extent that the Fund may be deemed to be an underwriter within the meaning of the Securities Act of 1933, as amended (the “Securities Act”), in connection with the purchase and sale of portfolio securities. |
(8) | With respect to each Fund except Invesco FTSE International Low Beta Equal Weight ETF, Invesco Global Short Term High Yield Bond ETF, Invesco International BuyBack Achievers™ ETF, Invesco PureBetaSM 0-5 Yr US TIPS ETF, Invesco PureBetaSM FTSE Developed ex-North America ETF, Invesco PureBetaSM FTSE Emerging Markets ETF and Invesco S&P International Developed High Dividend Low Volatility ETF, make loans to other persons, except through (i) the purchase of debt securities permissible under the Fund’s investment policies, (ii) repurchase agreements or (iii) the lending of portfolio securities, provided that no such loan of portfolio securities may be made by the Fund if, as a result, the aggregate of such loans would exceed 33 1/3% of the value of the Fund’s total assets. |
(9) | With respect to Invesco FTSE International Low Beta Equal Weight ETF, Invesco Global Short Term High Yield Bond ETF, Invesco International BuyBack Achievers™ ETF, Invesco PureBetaSM 0-5 Yr US TIPS ETF, Invesco PureBetaSM FTSE Developed ex-North America ETF, Invesco PureBetaSM |
FTSE Emerging Markets ETF and Invesco S&P International Developed High Dividend Low Volatility ETF, make loans to other persons, except through (i) the purchase of debt securities permissible under the Fund’s investment policies, (ii) repurchase agreements or (iii) the lending of portfolio securities, provided that no such repurchase agreements or loan of portfolio securities may be made by the Fund if, as a result, the aggregate of such repurchase agreements and loans would exceed 33 1/3% of the value of the Fund’s total assets. | |
(10) | Purchase or sell physical commodities unless acquired as a result of ownership of securities or other instruments (but this shall not prevent the Fund (i) from purchasing or selling options, futures contracts or other derivative instruments, or (ii) from investing in securities or other instruments backed by physical commodities). |
(11) | Purchase or sell real estate unless acquired as a result of ownership of securities or other instruments (but this shall not prohibit the Fund from purchasing or selling securities or other instruments backed by real estate or of issuers engaged in real estate activities). |
(12) | With respect to Invesco China Technology ETF, Invesco DWA Developed Markets Momentum ETF, Invesco DWA Emerging Markets Momentum ETF, Invesco Emerging Markets Sovereign Debt ETF, Invesco FTSE International Low Beta Equal Weight ETF, Invesco FTSE RAFI Developed Markets ex-U.S. ETF, Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF, Invesco FTSE RAFI Emerging Markets ETF, Invesco Global Clean Energy ETF, Invesco Global Short Term High Yield Bond ETF, Invesco Global Water ETF, Invesco International BuyBack AchieversTM ETF, Invesco International Corporate Bond ETF, Invesco MSCI Global Timber ETF, Invesco PureBetaSM 0-5 Yr US TIPS ETF, Invesco PureBetaSM FTSE Developed ex-North America ETF, Invesco PureBetaSM FTSE Emerging Markets ETF, Invesco S&P Global Water Index ETF, Invesco S&P International Developed Quality ETF and Invesco S&P International Developed High Dividend Low Volatility ETF, issue senior securities, except as permitted under the 1940 Act. |
(13) | With respect to Invesco S&P Emerging Markets Low Volatility ETF, Invesco S&P Emerging Markets Momentum ETF, Invesco S&P International Developed Low Volatility ETF and Invesco S&P International Developed Momentum ETF, issue senior securities. |
(1) | Except for Invesco S&P Emerging Markets Low Volatility ETF, Invesco S&P Emerging Markets Momentum ETF, Invesco S&P International Developed Low Volatility ETF and Invesco S&P |
International Developed Momentum ETF, sell securities short, unless the Fund owns or has the right to obtain securities equivalent in kind and amount to the securities sold short at no added cost, and provided that transactions in options, futures contracts, options on futures contracts or other derivative instruments are not deemed to constitute selling securities short. | |
(2) | With respect to Invesco S&P Emerging Markets Low Volatility ETF, Invesco S&P Emerging Markets Momentum ETF, Invesco S&P International Developed Low Volatility ETF and Invesco S&P International Developed Momentum ETF, sell securities short, unless the Fund owns or has the right to obtain securities equivalent in kind and amount to the securities sold short at no added cost. |
(3) | Except for Invesco S&P Emerging Markets Low Volatility ETF, Invesco S&P Emerging Markets Momentum ETF, Invesco S&P International Developed Low Volatility ETF and Invesco S&P International Developed Momentum ETF, purchase securities on margin, except that the Fund may obtain such short- term credits as are necessary for the clearance of transactions; and provided that margin deposits in connection with futures contracts, options on futures contracts or other derivative instruments shall not constitute purchasing securities on margin. |
(4) | With respect to Invesco S&P Emerging Markets Low Volatility ETF, Invesco S&P Emerging Markets Momentum ETF, Invesco S&P International Developed Low Volatility ETF and Invesco S&P International Developed Momentum ETF, purchase securities on margin, except that the Fund may obtain such short-term credits as are necessary for the clearance of transactions. |
(5) | Purchase securities of open-end or closed-end investment companies except in compliance with the 1940 Act, although the Fund may not acquire any securities of registered open-end investment companies or registered unit investment trusts in reliance on Sections 12(d)(1)(F) and 12(d)(1)(G) of the 1940 Act. |
(6) | Invest in direct interests in oil, gas or other mineral exploration programs or leases; however, the Fund may invest in the securities of issuers that engage in these activities. |
(7) | Invest in illiquid securities if, as a result of such investment, more than 15% of the Fund’s net assets would be invested in illiquid securities. |
Fund | 2019 | 2018 | 2018 | |||
Invesco China Technology ETF(1) | 80% | 4% (2) | 21% |
1. | The Fund experienced significant variation in portfolio turnover during the two most recently completed fiscal years due to change in the Fund’s Underlying Index methodology. |
2. | For the fiscal period September 1, 2018 through October 31, 2018. |
Name,
Address and
Year of Birth of Independent Trustees |
Position(s)
Held
with Trust |
Term
of
Office and Length of Time Served* |
Principal
Occupation(s)
During Past 5 Years |
Number
of
Portfolios in Fund Complex Overseen by Independent Trustees |
Other
Directorships
Held by Independent Trustees During the Past 5 Years |
|||||
Ronn
R. Bagge—1958
c/o Invesco Capital Management LLC 3500 Lacey Road, Suite 700 Downers Grove, IL 60515 |
Vice
Chairman of the Board;
Chairman of the Nominating and Governance Committee and Trustee |
Vice Chairman since 2018; Chairman of the Nominating and Governance Committee and Trustee since 2007 | Founder and Principal, YQA Capital Management LLC (1998-Present); formerly, Owner/CEO of Electronic Dynamic Balancing Co., Inc. (high-speed rotating equipment service provider). | 215 | Trustee and Investment Oversight Committee member, Mission Aviation Fellowship (2017-Present). | |||||
Todd
J. Barre—1957
c/o Invesco Capital Management LLC 3500 Lacey Road, Suite 700 Downers Grove, IL 60515 |
Trustee | Since 2010 | Assistant Professor of Business, Trinity Christian College (2010-2016); formerly, Vice President and Senior Investment Strategist (2001-2008), Director of Open Architecture and Trading (2007-2008), Head of Fundamental Research (2004-2007) and Vice President and Senior Fixed Income Strategist (1994-2001), BMO Financial Group/Harris Private Bank. | 215 | None | |||||
Edmund
P. Giambastiani, Jr.—1948
c/o Invesco Capital Management LLC 3500 Lacey Road, Suite 700 Downers Grove, IL 60515 |
Trustee | Since 2019 | President, Giambastiani Group LLC (national security and energy consulting) (2007-Present); Director, The Boeing Company (2009-Present); Trustee, MITRE Corporation (federally-funded research development) (2008-Present); Director, THL Credit, Inc. (alternative credit investment manager) (2016-Present); Trustee, U.S. Naval Academy Foundation Athletic & Scholarship Program (2010-Present); Advisory Board Member, Massachusetts Institute of Technology Lincoln Laboratory (federally-funded research development) (2010-Present); Defense Advisory Board Member, Lawrence Livermore | 215 | Formerly, Trustee, certain funds of the Oppenheimer Funds complex (2013-2019); Director, Mercury Defense Systems Inc. (information technology) (2011-2013); Independent Director, QinetiQ Group Plc (defense technology and security) (2008-2011); Chairman, Alenia North America, Inc. (military and defense products) (2008-2009); Director, SRA International, Inc. (information technology and services) (2008- 2011). |
Name,
Address and
Year of Birth of Independent Trustees |
Position(s)
Held
with Trust |
Term
of
Office and Length of Time Served* |
Principal
Occupation(s)
During Past 5 Years |
Number
of
Portfolios in Fund Complex Overseen by Independent Trustees |
Other
Directorships
Held by Independent Trustees During the Past 5 Years |
|||||
National Laboratory (2013-Present); formerly, Chairman (2015-2016), Lead Director (2011-2015) and Director (2008-2011), Monster Worldwide, Inc. (career services); Advisory Board Member, Maxwell School of Citizenship and Public Affairs of Syracuse University (2012-2016); United States Navy, career nuclear submarine officer (1970-2007); Seventh Vice Chairman of the Joint Chiefs of Staff (2005-2007); first NATO Supreme Allied Commander Transformation (2003-2005); Commander, U.S. Joint Forces Command (2002-2005). | ||||||||||
Victoria
J. Herget—1951
c/o Invesco Capital Management LLC 3500 Lacey Road, Suite 700 Downers Grove, IL 60515 |
Trustee | Since 2019 | Formerly, Managing Director (1993-2001), Principal (1985-1993), Vice President (1978-1985) and Assistant Vice President (1973-1978), Zurich Scudder Investments (investment adviser) (and its predecessor firms). | 215 | Trustee (2000-Present) and Chair (2010-2017), Newberry Library; Trustee, Mather LifeWays (2001-Present); Trustee, Chikaming Open Lands (2014-Present); formerly, Trustee, certain funds in the Oppenheimer Funds complex (2012-2019); Board Chair (2008-2015) and Director (2004-2018), United Educators Insurance Company; Independent Director, First American Funds (2003-2011); Trustee (1992-2007), Chair of the Board of Trustees (1999-2007), Investment Committee Chair (1994-1999) and Investment Committee member (2007-2010), Wellesley College; Trustee, BoardSource (2006-2009); Trustee, Chicago City Day School (1994-2005). |
Name,
Address and
Year of Birth of Independent Trustees |
Position(s)
Held
with Trust |
Term
of
Office and Length of Time Served* |
Principal
Occupation(s)
During Past 5 Years |
Number
of
Portfolios in Fund Complex Overseen by Independent Trustees |
Other
Directorships
Held by Independent Trustees During the Past 5 Years |
|||||
Marc
M. Kole—1960
c/o Invesco Capital Management LLC 3500 Lacey Road, Suite 700 Downers Grove, IL 60515 |
Chairman of the Audit Committee and Trustee | Chairman of the Audit Committee since 2008; Trustee since 2007 | Senior Director of Finance, By The Hand Club for Kids (not-for-profit) (2015-Present); formerly, Chief Financial Officer, Hope Network (social services) (2008-2012); Assistant Vice President and Controller, Priority Health (health insurance) (2005-2008); Regional Chief Financial Officer, United Healthcare (2005); Chief Accounting Officer, Senior Vice President of Finance, Oxford Health Plans (2000-2004); Audit Partner, Arthur Andersen LLP (1996-2000). | 215 | Treasurer (2018-Present), Finance Committee Member (2015-Present) and Audit Committee Member (2015), Thornapple Evangelical Covenant Church; formerly, Board and Finance Committee Member (2009-2017) and Treasurer (2010-2015, 2017), NorthPointe Christian Schools. | |||||
Yung
Bong Lim—1964
c/o Invesco Capital Management LLC 3500 Lacey Road, Suite 700 Downers Grove, IL 60515 |
Chairman of the Investment Oversight Committee and Trustee | Chairman of the Investment Oversight Committee since 2014; Trustee since 2013 | Managing Partner, RDG Funds LLC (real estate) (2008-Present); formerly, Managing Director, Citadel LLC (1999-2007). | 215 | Advisory Board Member, Performance Trust Capital Partners, LLC (2008-Present); Board Director, Beacon Power Services, Corp. (2019-Present). | |||||
Joanne
Pace—1958
c/o Invesco Capital Management LLC 3500 Lacey Road, Suite 700 Downers Grove, IL 60515 |
Trustee | Since 2019 | Formerly, Senior Advisor, SECOR Asset Management, LP (2010-2011); Managing Director and Chief Operating Officer, Morgan Stanley Investment Management (2006-2010); Partner and Chief Operating Officer, FrontPoint Partners, LLC (alternative investments) (2005-2006); Managing Director (2003-2005), Global Head of Human Resources and member of Executive Board and Operating Committee (2004-2005), Global Head of Operations and Product Control (2003-2004), Credit Suisse (investment banking); Managing Director (1997-2003), Controller and Principal Accounting Officer (1999-2003), Chief Financial Officer (temporary assignment) for the | 215 | Board Director, Horizon Blue Cross Blue Shield of New Jersey (2012-Present); Advisory Board Director, The Alberleen Group LLC (2012-Present); Governing Council Member (2016-Present) and Chair of Education Committee (2017-Present), Independent Directors Council (IDC); Board Member, 100 Women in Finance (2015-Present); Council Member, NewYork-Presbyterian Hospital’s Leadership Council on Children’s and Women’s Health (2012-Present); formerly, Trustee, certain funds in the Oppenheimer Funds complex (2012-2019); Lead Independent |
Name,
Address and
Year of Birth of Independent Trustees |
Position(s)
Held
with Trust |
Term
of
Office and Length of Time Served* |
Principal
Occupation(s)
During Past 5 Years |
Number
of
Portfolios in Fund Complex Overseen by Independent Trustees |
Other
Directorships
Held by Independent Trustees During the Past 5 Years |
|||||
Oversight Committee, Long Term Capital Management (1998-1999), Morgan Stanley. | Director and Chair of the Audit and Nominating Committee of The Global Chartist Fund, LLC, Oppenheimer Asset Management (2011-2012); Board Director, Managed Funds Association (2008-2010); Board Director (2007-2010) and Investment Committee Chair (2008-2010), Morgan Stanley Foundation. | |||||||||
Gary
R. Wicker—1961
c/o Invesco Capital Management LLC 3500 Lacey Road, Suite 700 Downers Grove, IL 60515 |
Trustee | Since 2013 | Senior Vice President of Global Finance and Chief Financial Officer, RBC Ministries (publishing company) (2013-Present); formerly, Executive Vice President and Chief Financial Officer, Zondervan Publishing (a division of Harper Collins/NewsCorp) (2007-2012); Senior Vice President and Group Controller (2005- 2006), Senior Vice President and Chief Financial Officer (2003-2004), Chief Financial Officer (2001-2003), Vice President, Finance and Controller (1999-2001) and Assistant Controller (1997-1999), divisions of The Thomson Corporation (information services provider); Senior Audit Manager (1994-1997), PricewaterhouseCoopers LLP. | 215 | Board Member and Treasurer, Our Daily Bread Ministries Canada (2015-Present); Board and Finance Committee Member, West Michigan Youth For Christ (2010-Present). | |||||
Donald
H. Wilson—1959
c/o Invesco Capital Management LLC 3500 Lacey Road, Suite 700 Downers Grove, IL 60515 |
Chairman of the Board and Trustee | Chairman since 2012; Trustee since 2007 | Chairman, President and Chief Executive Officer, McHenry Bancorp Inc. and McHenry Savings Bank (subsidiary) (2018-Present); formerly, Chairman and Chief Executive Officer, Stone Pillar Advisors, Ltd. (2010-2017); formerly, President | 215 | Director, Penfield Children’s Center (2004-Present); Board Chairman, Gracebridge Alliance, Inc. (2015-Present). |
Name,
Address and
Year of Birth of Independent Trustees |
Position(s)
Held
with Trust |
Term
of
Office and Length of Time Served* |
Principal
Occupation(s)
During Past 5 Years |
Number
of
Portfolios in Fund Complex Overseen by Independent Trustees |
Other
Directorships
Held by Independent Trustees During the Past 5 Years |
|||||
and Chief Executive Officer, Stone Pillar Investments, Ltd. (advisory services to the financial sector) (2016- 2018); Chairman, President and Chief Executive Officer, Community Financial Shares, Inc. and Community Bank—Wheaton/Glen Ellyn (subsidiary) (2013-2015); Chief Operating Officer, AMCORE Financial, Inc. (bank holding company) (2007-2009); Executive Vice President and Chief Financial Officer, AMCORE Financial, Inc. (2006-2007); Senior Vice President and Treasurer, Marshall & Ilsley Corp. (bank holding company) (1995-2006). |
* | This is the date the Independent Trustee began serving the Trust. Each Independent Trustee serves an indefinite term, until his or her successor is elected. |
Name,
Address and
Year of Birth of Interested Trustee |
Position(s)
Held
with Trust |
Term
of
Office and Length of Time Served* |
Principal
Occupation(s)
During Past 5 Years |
Number
of
Portfolios in Fund Complex Overseen by Interested Trustees |
Other
Directorships
Held by Interested Trustee During the Past 5 Years |
|||||
Kevin
M. Carome—1956
Invesco Ltd. Two Peachtree Pointe 1555 Peachtree St., N.E., Suite 1800 Atlanta, GA 30309 |
Trustee | Since 2010 | Senior Managing Director, Secretary and General Counsel, Invesco Ltd. (2007-Present); Director, Invesco Advisers, Inc. (2009-Present); Director (2006-Present) and Executive Vice President (2008-Present), Invesco North American Holdings, Inc.; Executive Vice President (2008-Present), Invesco Investments (Bermuda) Ltd.; Manager, Horizon Flight Works LLC; Director and Secretary (2012-Present), Invesco | 215 | None |
Name,
Address and
Year of Birth of Interested Trustee |
Position(s)
Held
with Trust |
Term
of
Office and Length of Time Served* |
Principal
Occupation(s)
During Past 5 Years |
Number
of
Portfolios in Fund Complex Overseen by Interested Trustees |
Other
Directorships
Held by Interested Trustee During the Past 5 Years |
|||||
Services (Bahamas) Private Limited; and Executive Vice President (2014-Present), INVESCO Asset Management (Bermuda) Ltd.; formerly, Director, Invesco Finance PLC (2011-2019); Director, INVESCO Asset Management (Bermuda) Ltd. (2014-2019); Director and Executive Vice President, Invesco Finance, Inc. (2011-2018); Director (2006-2018) and Executive Vice President (2008-2018), Invesco Group Services, Inc., Invesco Holding Company (US), Inc.; Director, Invesco Holding Company Limited (2007- 2019); Director and Chairman, INVESCO Funds Group, Inc., Senior Vice President, Secretary and General Counsel, Invesco Advisers, Inc. (2003-2006); Director, Invesco Investments (Bermuda) Ltd. (2008-2016); Senior Vice President and General Counsel, Liberty Financial Companies, Inc. (2000-2001); General Counsel of certain investment management subsidiaries of Liberty Financial Companies, Inc. (1998-2000); Associate General Counsel, Liberty Financial Companies, Inc. (1993-1998); Associate, Ropes & Gray LLP. |
* | This is the date the Interested Trustee began serving the Trust. The Interested Trustee serves an indefinite term, until his successor is elected. |
Name,
Address and
Year of Birth of Executive Officer |
Position(s)
Held
with Trust |
Term
of
Office and Length of Time Served* |
Principal Occupation(s) During at Least the Past 5 Years | |||
Daniel
E. Draper—1968
Invesco Capital Management LLC 3500 Lacey Road, Suite 700 Downers Grove, IL 60515 |
President
and
Principal Executive Officer |
Since 2015 | Chief Executive Officer, Manager and Principal Executive Officer, Invesco Specialized Products, LLC (2018-Present); President and Principal Executive Officer, Invesco Exchange-Traded Fund Trust, Invesco Exchange-Traded Fund Trust II, Invesco India Exchange-Traded Fund Trust, Invesco Actively Managed Exchange-Traded Fund Trust and Invesco Actively Managed Exchange-Traded |
Name,
Address and
Year of Birth of Executive Officer |
Position(s)
Held
with Trust |
Term
of
Office and Length of Time Served* |
Principal Occupation(s) During at Least the Past 5 Years | |||
Commodity Fund Trust (2015-Present) and Invesco Exchange-Traded Self-Indexed Fund Trust (2016-Present); Chief Executive Officer and Principal Executive Officer (2016-Present) and Managing Director (2013-Present), Invesco Capital Management LLC; Senior Vice President, Invesco Distributors, Inc. (2014-Present); formerly, Vice President, Invesco Exchange-Traded Fund Trust, Invesco Exchange-Traded Fund Trust II, Invesco India Exchange-Traded Fund Trust, Invesco Actively Managed Exchange-Traded Fund Trust (2013-2015) and Invesco Actively Managed Exchange-Traded Commodity Fund Trust (2014-2015); Managing Director, Credit Suisse Asset Management (2010-2013) and Lyxor Asset Management/Societe Generale (2007-2010). | ||||||
Kelli
Gallegos —1970 Invesco Capital Management LLC,
3500 Lacey Road, Suite 700 Downers Grove, IL 60515 |
Vice
President
and Treasurer |
Since 2018 | Vice President, Invesco Advisers, Inc. (2020-Present); Principal Financial and Accounting Officer- Pooled Investments, Invesco Specialized Products, LLC (2018-Present); Vice President and Treasurer, Invesco Exchange-Traded Fund Trust, Invesco Exchange-Traded Fund Trust II, Invesco India Exchange-Traded Fund Trust, Invesco Actively Managed Exchange-Traded Fund Trust, Invesco Actively Managed Exchange-Traded Commodity Fund Trust and Invesco Exchange-Traded Self-Indexed Fund Trust (2018-Present); Principal Financial and Accounting Officer-Pooled Investments, Invesco Capital Management LLC (2018-Present); Vice President, Principal Financial Officer (2016-Present) and Assistant Treasurer (2008-Present), The Invesco Funds; formerly, Assistant Treasurer, Invesco Specialized Products, LLC (2018); Assistant Treasurer, Invesco Exchange-Traded Fund Trust, Invesco Exchange-Traded Fund Trust II, Invesco India Exchange-Traded Fund Trust and Invesco Actively Managed Exchange-Traded Fund Trust (2012-2018), Invesco Actively Managed Exchange-Traded Commodity Fund Trust (2014-2018) and Invesco Exchange-Traded Self-Indexed Fund Trust (2016-2018); Assistant Treasurer, Invesco Capital Management LLC (2013-2018); and Assistant Vice President, The Invesco Funds (2008-2016). | |||
Peter
Hubbard—1981
Invesco Capital Management LLC 3500 Lacey Road, Suite 700 Downers Grove, IL 60515 |
Vice President | Since 2009 | Vice President, Invesco Specialized Products, LLC (2018-Present); Vice President, Invesco Exchange-Traded Fund Trust, Invesco Exchange-Traded Fund Trust II, Invesco India Exchange-Traded Fund Trust, Invesco Actively Managed Exchange-Traded Fund Trust (2009-Present), Invesco Actively Managed Exchange-Traded Commodity Fund Trust (2014-Present) and Invesco Exchange-Traded Self-Indexed Fund Trust (2016-Present); Vice President and Director of Portfolio Management, Invesco Capital Management LLC (2010-Present); formerly, Vice President of Portfolio Management, Invesco Capital Management LLC (2008-2010); Portfolio Manager, Invesco Capital Management LLC (2007-2008); Research Analyst, Invesco Capital Management LLC (2005-2007); Research Analyst and Trader, Ritchie Capital, a hedge fund operator (2003-2005) | |||
Sheri
Morris—1964
Invesco Capital Management LLC, 3500 Lacey Road, Suite 700 Downers Grove, IL 60515 |
Vice President | Since 2012 | Head of Global Fund Services, Invesco Ltd. (2019-Present); Vice President, OppenheimerFunds, Inc. (2019-Present); President and Principal Executive Officer, The Invesco Funds (2016-Present); Treasurer, The Invesco Funds (2008-Present); Vice President, Invesco Advisers, Inc. (formerly known as Invesco Institutional (N.A.), Inc.) (registered investment adviser) (2009-Present) and Vice President, Invesco Exchange-Traded Fund Trust, Invesco Exchange-Traded Fund Trust II, Invesco India Exchange-Traded Fund Trust, Invesco Actively Managed Exchange-Traded Fund |
Name,
Address and
Year of Birth of Executive Officer |
Position(s)
Held
with Trust |
Term
of
Office and Length of Time Served* |
Principal Occupation(s) During at Least the Past 5 Years | |||
Trust (2012-Present), Invesco Actively Managed Exchange-Traded Commodity Fund Trust (2014-Present) and Invesco Exchange-Traded Self-Indexed Fund Trust (2016-Present); formerly, Vice President and Principal Financial Officer, The Invesco Funds (2008-2016); Treasurer, Invesco Exchange-Traded Fund Trust, Invesco Exchange-Traded Fund Trust II, Invesco India Exchange-Traded Fund Trust and Invesco Actively Managed Exchange-Traded Fund Trust (2011-2013); Vice President, Invesco Aim Advisers, Inc., Invesco Aim Capital Management, Inc. and Invesco Aim Private Asset Management, Inc.; Assistant Vice President and Assistant Treasurer, The Invesco Funds and Assistant Vice President, Invesco Advisers, Inc., Invesco Aim Capital Management, Inc. and Invesco Aim Private Asset Management, Inc. | ||||||
Anna
Paglia—1974
Invesco Capital Management LLC 3500 Lacey Road, Suite 700 Downers Grove, IL 60515 |
Secretary | Since 2011 | Authorized Person, Accretive Asset Management LLC (2018-Present); Head of Legal and Secretary, Invesco Specialized Products, LLC (2018-Present); Secretary, Invesco Exchange-Traded Fund Trust, Invesco Exchange-Traded Fund Trust II, Invesco India Exchange-Traded Fund Trust, Invesco Actively Managed Exchange-Traded Fund Trust (2011-Present), Invesco Actively Managed Exchange-Traded Commodity Fund Trust (2014-Present) and Invesco Exchange-Traded Self-Indexed Fund Trust (2015-Present); Head of Legal (2010-Present) and Secretary (2015-Present), Invesco Capital Management LLC; Manager and Assistant Secretary, Invesco Indexing LLC (2017-Present); formerly, Partner, K&L Gates LLP (formerly, Bell Boyd & Lloyd LLP) (2007-2010); Associate Counsel at Barclays Global Investors Ltd. (2004-2006). | |||
Rudolf
E. Reitmann—1971
Invesco Capital Management LLC 3500 Lacey Road, Suite 700 Downers Grove, IL 60515 |
Vice President | Since 2013 | Head of Global Exchange Traded Funds Services, Invesco Specialized Products, LLC (2018-Present); Vice President, Invesco Exchange-Traded Fund Trust, Invesco Exchange-Traded Fund Trust II, Invesco India Exchange-Traded Fund Trust, Invesco Actively Managed Exchange-Traded Fund Trust (2013-Present), Invesco Actively Managed Exchange-Traded Commodity Fund Trust (2014-Present) and Invesco Exchange-Traded Self-Indexed Fund Trust (2016-Present); Head of Global Exchange Traded Funds Services, Invesco Capital Management LLC (2013-Present); Vice President, Invesco Capital Markets, Inc. (2018-Present). | |||
Melanie
Zimdars—1976
Invesco Capital Management LLC 3500 Lacey Road, Suite 700 Downers Grove, IL 60515 |
Chief
Compliance
Officer |
Since 2017 | Chief Compliance Officer, Invesco Specialized Products, LLC (2018-Present); Chief Compliance Officer, Invesco Capital Management LLC (2017-Present); Chief Compliance Officer, Invesco Exchange-Traded Fund Trust, Invesco Exchange-Traded Fund Trust II, Invesco India Exchange-Traded Fund Trust, Invesco Actively Managed Exchange-Traded Fund Trust, Invesco Actively Managed Exchange-Traded Commodity Fund Trust and Invesco Exchange-Traded Self-Indexed Fund Trust (2017-Present); formerly, Vice President and Deputy Chief Compliance Officer, ALPS Holding, Inc. (2009-2017); Mutual Fund Treasurer/ Chief Financial Officer, Wasatch Advisors, Inc. (2005-2008); Compliance Officer, U.S. Bancorp Fund Services, LLC (2001-2005). |
* | This is the date the Officer began serving the Trust. Each Officer serves an indefinite term, until his or her successor is elected. |
Name of Trustee |
Dollar
Range of
Equity Securities in Invesco China Technology ETF |
Dollar
Range of
Equity Securities in Invesco DWA Developed Markets Momentum ETF |
Dollar
Range of
Equity Securities in Invesco DWA Emerging Markets Momentum ETF |
Dollar
Range of
Equity Securities in Invesco Emerging Markets Sovereign Debt ETF |
||||
Independent Trustees | ||||||||
Ronn R. Bagge | None | None | None | None | ||||
Todd J. Barre | None | None | None | None | ||||
Edmund P. Giambastiani, Jr. | None | None | None | None | ||||
Victoria J. Herget | None | None | None | None | ||||
Marc M. Kole | None | None | None | $10,001-$50,000 | ||||
Yung Bong Lim | None | None | None | Over $100,000 | ||||
Joanne Pace | None | None | None | None | ||||
Gary R. Wicker | None | None | $10,001-$50,000 | None | ||||
Donald H. Wilson | None | None | None | None | ||||
Interested Trustee | ||||||||
Kevin M. Carome | None | None | None | None |
Name of Trustee |
Dollar
Range of
Equity Securities in Invesco FTSE International Low Beta Equal Weight ETF |
Dollar
Range of
Equity Securities in Invesco FTSE RAFI Developed Markets ex-U.S. ETF |
Dollar
Range of
Equity Securities in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF |
Dollar
Range of
Equity Securities in Invesco FTSE RAFI Emerging Markets ETF |
||||
Independent Trustees | ||||||||
Ronn R. Bagge | None | None | None | None | ||||
Todd J. Barre | None | $50,001-$100,000 | None | None | ||||
Edmund P. Giambastiani, Jr. | None | None | None | None | ||||
Victoria J. Herget | None | None | None | None | ||||
Marc M. Kole | None | None | None | None | ||||
Yung Bong Lim | None | None | None | None | ||||
Joanne Pace | None | None | None | None | ||||
Gary R. Wicker | None | None | $10,001-$50,000 | None | ||||
Donald H. Wilson | None | $50,001-$100,000 | None | None | ||||
Interested Trustee | ||||||||
Kevin M. Carome | None | None | None | None |
Name of Trustee |
Dollar
Range of
Equity Securities in Invesco Global Clean Energy ETF |
Dollar
Range of
Equity Securities in Invesco Global Short Term High Yield Bond ETF |
Dollar
Range of
Equity Securities in Invesco Global Water ETF |
Dollar
Range of
Equity Securities in Invesco International BuyBack Achievers™ ETF |
Dollar
Range of
Equity Securities in Invesco International Corporate Bond ETF |
|||||
Independent Trustees | ||||||||||
Ronn R. Bagge | None | None | None | None | None | |||||
Todd J. Barre | None | None | None | None | None | |||||
Edmund P. Giambastiani, Jr. | None | None | None | None | None | |||||
Victoria J. Herget | None | None | None | None | None | |||||
Marc M. Kole | None | None | None | None | None | |||||
Yung Bong Lim | None | Over $100,000 | None | None | None | |||||
Joanne Pace | None | None | None | None | None | |||||
Gary R. Wicker | None | None | None | None | None | |||||
Donald H. Wilson | None | None | $1-$10,000 | $10,001-$50,000 | None |
Name of Trustee |
Dollar
Range of
Equity Securities in Invesco Global Clean Energy ETF |
Dollar
Range of
Equity Securities in Invesco Global Short Term High Yield Bond ETF |
Dollar
Range of
Equity Securities in Invesco Global Water ETF |
Dollar
Range of
Equity Securities in Invesco International BuyBack Achievers™ ETF |
Dollar
Range of
Equity Securities in Invesco International Corporate Bond ETF |
|||||
Interested Trustee | ||||||||||
Kevin M. Carome | None | None | None | None | None |
Name of Trustee |
Dollar
Range of
Equity Securities in Invesco MSCI Global Timber ETF |
Dollar
Range of
Equity Securities in Invesco PureBetaSM0-5 Yr US TIPS ETF |
Dollar
Range of
Equity Securities in Invesco PureBetaSM FTSE Developed ex-North America ETF |
Dollar
Range of
Equity Securities in Invesco PureBetaSM FTSE Emerging Markets ETF |
||||
Independent Trustees | ||||||||
Ronn R. Bagge | $1-$10,000 | None | None | None | ||||
Todd J. Barre | None | None | None | None | ||||
Edmund P. Giambastiani, Jr. | None | None | None | None | ||||
Victoria J. Herget | None | None | None | None | ||||
Marc M. Kole | None | None | None | None | ||||
Yung Bong Lim | None | None | None | None | ||||
Joanne Pace | None | None | None | None | ||||
Gary R. Wicker | None | None | None | None | ||||
Donald H. Wilson | None | None | None | None | ||||
Interested Trustee | ||||||||
Kevin M. Carome | None | None | None | None |
Name of Trustee |
Dollar
Range of
Equity Securities in Invesco S&P Emerging Markets Low Volatility ETF |
Dollar
Range of
Equity Securities in Invesco S&P Emerging Markets Momentum ETF |
Dollar
Range of
Equity Securities in Invesco S&P Global Water Index ETF |
Dollar
Range of
Equity Securities in Invesco S&P International Developed High Dividend Low Volatility ETF |
Dollar
Range of
Equity Securities in Invesco S&P International Developed Low Volatility ETF |
|||||
Independent Trustees | ||||||||||
Ronn R. Bagge | None | None | None | None | None | |||||
Todd J. Barre | None | None | None | None | None | |||||
Edmund P. Giambastiani, Jr. | None | None | None | None | None | |||||
Victoria J. Herget | None | None | None | None | None | |||||
Marc M. Kole | None | None | None | None | None | |||||
Yung Bong Lim | None | None | None | None | None | |||||
Joanne Pace | None | None | None | None | None | |||||
Gary R. Wicker | None | None | None | None | None | |||||
Donald H. Wilson | None | None | None | None | None | |||||
Interested Trustee | ||||||||||
Kevin M. Carome | $10,001-$50,000 | None | None | None | None |
Name of Trustee |
Dollar
Range of
Equity Securities in Invesco S&P International Developed Momentum ETF |
Dollar
Range of
Equity Securities in Invesco S&P International Developed Quality ETF |
Aggregate
Dollar
Range of Equity Securities in All Registered Investment Companies Overseen by Trustee in Fund Family |
|||
Independent Trustees | ||||||
Ronn R. Bagge | None | None | over $100,000 | |||
Todd J. Barre | None | None | over $100,000 | |||
Edmund P. Giambastiani, Jr. | None | None | None |
Name of Trustee |
Dollar
Range of
Equity Securities in Invesco S&P International Developed Momentum ETF |
Dollar
Range of
Equity Securities in Invesco S&P International Developed Quality ETF |
Aggregate
Dollar
Range of Equity Securities in All Registered Investment Companies Overseen by Trustee in Fund Family |
|||
Victoria J. Herget | None | None | None | |||
Marc M. Kole | None | $50,001-$100,000 | over $100,000 | |||
Yung Bong Lim | None | None | over $100,000 | |||
Joanne Pace | None | None | over $100,000 | |||
Gary R. Wicker | None | None | over $100,000 | |||
Donald H. Wilson | None | None | over $100,000 | |||
Interested Trustee | ||||||
Kevin M. Carome | None | None | over $100,000 |
Name of Trustee |
Aggregate
Compensation From Funds |
Pension
or Retirement
Benefits accrued as part of Fund Expenses |
Total
Compensation Paid
From Fund Complex (1) |
|||
Independent Trustees | ||||||
Ronn R. Bagge | $31,738 | N/A | $334,500 | |||
Todd J. Barre | $29,887 | N/A | $315,000 | |||
Edmund P. Giambastiani, Jr.(2) | $12,920 | N/A | $133,333 | |||
Victoria J. Herget(2) | $12,920 | N/A | $133,333 | |||
Marc M. Kole | $33,099 | N/A | $348,833 | |||
Yung Bong Lim | $31,738 | N/A | $334,500 | |||
Joanne Pace(2) | $12,920 | N/A | $133,333 |
Name of Trustee |
Aggregate
Compensation From Funds |
Pension
or Retirement
Benefits accrued as part of Fund Expenses |
Total
Compensation Paid
From Fund Complex (1) |
|||
Gary R. Wicker | $29,887 | N/A | $315,000 | |||
Donald H. Wilson | $40,961 | N/A | $431,668 | |||
Interested Trustee | ||||||
Kevin M. Carome | N/A | N/A | N/A |
1. | The amounts shown in this column represent the aggregate compensation paid by all of the funds of the trusts in the Fund Family for the fiscal year ended October 31, 2019, before deferral by the Trustees under the DC Plan. During the fiscal year ended October 31, 2019, Mr. Lim deferred 100% of his compensation, which amounts are reflected in the above table. |
2. | Admiral Giambastiani, Ms. Herget and Ms. Pace were appointed as Trustees of the Trust effective May 24, 2019, and their compensation amounts shown in the above table are for the period May 24, 2019 through October 31, 2019. |
Name & Address | % Owned | |
Citibank
399 Park Avenue New York, NY 10043 |
13.01% | |
National
Financial Services LLC
200 Liberty Street New York, NY 10281 |
12.50% | |
Charles
Schwab & Co., Inc.
211 Main Street San Francisco, CA 94105 |
11.84% | |
Brown
Brothers Harriman & Co.
525 Washington Blvd Jersey City, NJ 07310 |
10.82% | |
Morgan
Stanley
1585 Broadway New York, NY 10036 |
6.71% |
Name & Address | % Owned | |
Wells
Fargo Clearing Services, LLC
One North Jefferson Avenue St. Louis, MO 63103 |
14.40% | |
Raymond,
James & Associates, Inc.
880 Carillon Parkway St. Petersburg, FL 33716 |
13.90% | |
Charles
Schwab & Co., Inc.
211 Main Street San Francisco, CA 94105 |
11.47% | |
UBS
Financial
1285 Avenue of the Americas New York, NY 10019 |
9.40% |
Name & Address | % Owned | |
Morgan
Stanley
1585 Broadway New York, NY 10036 |
7.64% | |
National
Financial Services LLC
200 Liberty Street New York, NY 10281 |
6.85% | |
Pershing
LLC
1 Pershing Plaza Jersey City, NJ 07399 |
5.95% | |
RBC
Capital Markets, LLC
Royal Bank Plaza 200 Bay Street Toronto, ON M5J 2W7 |
5.16% |
Name & Address | % Owned | |
Wells
Fargo
420 Montgomery Street San Francisco, CA 94104 |
17.01% | |
Raymond,
James & Associates, Inc.
880 Carillon Parkway St. Petersburg, FL 33716 |
10.99% | |
Charles
Schwab & Co., Inc.
211 Main Street San Francisco, CA 94105 |
9.68% | |
Folio
Investments
8180 Greensboro Dr 8th Floor McLean, VA 22102 |
8.11% | |
TD
Ameritrade Clearing, Inc.
4211 South 102nd Street Omaha, NE 68127 |
7.70% | |
National
Financial Services LLC
200 Liberty Street New York, NY 10281 |
7.36% | |
UBS
Financial
1285 Avenue of the Americas New York, NY 10019 |
5.95% | |
Morgan
Stanley
1585 Broadway New York, NY 10036 |
5.17% |
Name & Address | % Owned | |
Merrill
Lynch, Pierce, Fenner & Smith Incorporated
4 Corporate Place Piscataway, NJ 08854 |
24.00% | |
Wells
Fargo
420 Montgomery Street San Francisco, CA 94104 |
16.08% | |
Charles
Schwab & Co., Inc.
211 Main Street San Francisco, CA 94105 |
12.46% |
Name & Address | % Owned | |
TD
Ameritrade Clearing, Inc.
4211 South 102nd Street Omaha, NE 68127 |
6.92% | |
American
Enterprise Investment Services, Inc.
707 2nd Avenue South Minneapolis, MN 55402 |
5.45% |
Name & Address | % Owned | |
SEI
Private Trust Company
One Freedom Valley Drive Oaks, PA 19456 |
54.15% | |
Bank
of America
100 N Tryon Street Charlotte, NC 28255 |
22.23% | |
RBC
Capital Markets LLC
Royal Bank Plaza 200 Bay Street Toronto, ON M5J 2W7 |
5.56% |
Name & Address | % Owned | |
Charles
Schwab & Co., Inc.
211 Main Street San Francisco, CA 94105 |
40.24% | |
The
Bank of New York Mellon
One Wall Street New York, NY 10286 |
22.10% | |
Merrill
Lynch, Pierce, Fenner & Smith Incorporated
4 Corporate Place Piscataway, NJ 08854 |
7.72% | |
UBS
Financial Services Inc.
1000 Harbor Blvd. Weehawken, NJ 07086 |
5.68% | |
Citibank
399 Park Avenue New York, NY 10043 |
5.66% |
Name & Address | % Owned | |
Charles
Schwab & Co., Inc.
211 Main Street San Francisco, CA 94105 |
62.73% | |
National
Financial Services LLC
200 Liberty Street New York, NY 10281 |
5.40% |
Name & Address | % Owned | |
Charles
Schwab & Co., Inc.
211 Main Street San Francisco, CA 94105 |
22.34% |
Name & Address | % Owned | |
National
Financial Services LLC
200 Liberty Street New York, NY 10281 |
12.95% | |
TD
Ameritrade Clearing, Inc.
4211 South 102nd Street Omaha, NE 68127 |
12.90% | |
The
Bank of New York Mellon
One Wall Street New York, NY 10286 |
11.78% | |
Citibank
399 Park Avenue New York, NY 10043 |
8.47% | |
Fifth
Third Bank
38 Fountain Square Plaza Cincinnati, OH 45263 |
6.54% |
Name & Address | % Owned | |
Charles
Schwab & Co., Inc.
211 Main Street San Francisco, CA 94105 |
19.09% | |
National
Financial Services LLC
200 Liberty Street New York, NY 10281 |
11.02% | |
TD
Ameritrade Clearing, Inc.
4211 South 102nd Street Omaha, NE 68127 |
8.04% | |
Morgan
Stanley
1585 Broadway New York, NY 10036 |
6.60% |
Name & Address | % Owned | |
Charles
Schwab & Co., Inc.
211 Main Street San Francisco, CA 94105 |
32.97% | |
National
Financial Services LLC
200 Liberty Street New York, NY 10281 |
12.94% | |
TD
Ameritrade Clearing, Inc.
4211 South 102nd Street Omaha, NE 68127 |
9.96% | |
Pershing
LLC
1 Pershing Plaza Jersey City, NJ 07399 |
9.62% | |
The
Bank of New York Mellon
One Wall Street New York, NY 10286 |
6.86% |
Name & Address | % Owned | |
Morgan
Stanley
1585 Broadway New York, NY 10036 |
12.09% | |
Charles
Schwab & Co., Inc.
211 Main Street San Francisco, CA 94105 |
11.47% | |
National
Financial Services LLC
200 Liberty Street New York, NY 10281 |
9.84% | |
Merrill
Lynch, Pierce, Fenner & Smith Incorporated
4 Corporate Place Piscataway, NJ 08854 |
8.66% | |
Bank
of America
100 North Tryon Street Charlotte, NC 28255 |
7.28% | |
TD
Ameritrade Clearing, Inc.
4211 South 102nd Street Omaha, NE 68127 |
5.95% | |
State
Street Bank and Trust Company
One Lincoln Street Boston, MA 02111 |
5.06% |
Name & Address | % Owned | |
TD
Ameritrade Clearing, Inc.
4211 South 102nd Street Omaha, NE 68127 |
16.66% | |
Raymond,
James & Associates, Inc.
880 Carillon Parkway St. Petersburg, FL 33716 |
12.95% | |
National
Financial Services LLC
200 Liberty Street New York, NY 10281 |
11.59% | |
LPL
Financial
75 State Street Boston, MA 02109 |
10.36% | |
Merrill
Lynch, Pierce, Fenner & Smith Incorporated
4 Corporate Place Piscataway, NJ 08854 |
6.77% | |
Ameriprise
Enterprise Investment Services Inc.
55 Ameriprise Financial Center Minneapolis, MN 55474 |
6.59% | |
Charles
Schwab & Co., Inc.
211 Main Street San Francisco, CA 94105 |
6.21% | |
Morgan
Stanley
1585 Broadway New York, NY 10036 |
6.08% | |
Pershing
LLC
1 Pershing Plaza Jersey City, NJ 07399 |
5.26% |
Name & Address | % Owned | |
Northern
Trust Company
801 S Canal Street Chicago, IL 60607 |
32.14% | |
Charles
Schwab & Co., Inc.
211 Main Street San Francisco, CA 94105 |
13.69% | |
National
Financial Services LLC
200 Liberty Street New York, NY 10281 |
7.19% | |
Wells
Fargo
420 Montgomery Street San Francisco, CA 94104 |
6.66% | |
The
Bank of New York Mellon
One Wall Street New York, NY 10286 |
5.77% |
Name & Address | % Owned | |
Charles
Schwab & Co., Inc.
211 Main Street San Francisco, CA 94105 |
26.68% | |
Oppenheimer
& Co. Inc.
85 Broad Street New York, NY 10004 |
12.85% | |
TD
Ameritrade Clearing, Inc.
4211 South 102nd Street Omaha, NE 68127 |
10.22% | |
National
Financial Services LLC
200 Liberty Street New York, NY 10281 |
9.21% | |
Pershing
LLC
1 Pershing Plaza Jersey City, NJ 07399 |
7.66% | |
Bank
of America
100 North Tryon Street Charlotte, NC 28255 |
7.32% |
Name & Address | % Owned | |
Pershing
LLC
1 Pershing Plaza Jersey City, NJ 07399 |
73.53% | |
J.P.
Morgan Securities LLC
383 Madison Avenue New York, NY 10179 |
8.24% | |
The
Bank of New York Mellon
One Wall Street New York, NY 10286 |
7.46% | |
Bank
of America
100 N Tryon Street Charlotte, NC 28255 |
6.49% |
Name & Address | % Owned | |
J.P.
Morgan Securities LLC
383 Madison Avenue New York, NY 10179 |
52.50% | |
Pershing
LLC
1 Pershing Plaza Jersey City, NJ 07399 |
26.42% | |
Bank
of America
100 N Tryon Street Charlotte, NC 28255 |
8.79% |
Name & Address | % Owned | |
Pershing
LLC
1 Pershing Plaza Jersey City, NJ 07399 |
77.41% | |
J.P.
Morgan Securities LLC
383 Madison Avenue New York, NY 10179 |
7.24% |
Name & Address | % Owned | |
Charles
Schwab & Co., Inc.
211 Main Street San Francisco, CA 94105 |
35.25% | |
The
Bank of New York Mellon
One Wall Street New York, NY 10286 |
20.37% | |
TD
Ameritrade Clearing, Inc.
4211 South 102nd Street Omaha, NE 68127 |
9.02% | |
Pershing
LLC
1 Pershing Plaza Jersey City, NJ 07399 |
6.48% |
Name & Address | % Owned | |
National
Financial Services LLC
200 Liberty Street New York, NY 10281 |
22.70% | |
Wells
Fargo
420 Montgomery Street San Francisco, CA 94104 |
16.64% | |
Charles
Schwab & Co., Inc.
211 Main Street San Francisco, CA 94105 |
15.84% | |
Pershing
LLC
1 Pershing Plaza Jersey City, NJ 07399 |
8.15% | |
TD
Ameritrade Clearing, Inc.
4211 South 102nd Street Omaha, NE 68127 |
7.44% |
Name & Address | % Owned | |
Merrill
Lynch, Pierce, Fenner & Smith Incorporated
4 Corporate Place Piscataway, NJ 08854 |
7.07% |
Name & Address | % Owned | |
Charles
Schwab & Co., Inc.
211 Main Street San Francisco, CA 94105 |
14.53% | |
Morgan
Stanley
1585 Broadway New York, NY 10281 |
13.71% | |
National
Financial Services LLC
200 Liberty Street New York, NY 10281 |
12.49% | |
State
Street Bank and Trust Company
One Lincoln Street Boston, MA 02111 |
9.13% | |
Merrill
Lynch, Pierce, Fenner & Smith Incorporated
4 Corporate Place Piscataway, NJ 08854 |
7.60% | |
UBS
Financial
1285 Avenue of the Americas New York, NY 10019 |
5.70% |
Name & Address | % Owned | |
TD
Ameritrade Clearing, Inc.
4211 South 102nd Street Omaha, NE 68127 |
17.18% | |
Morgan
Stanley
1585 Broadway New York, NY 10036 |
16.67% | |
National
Financial Services LLC
200 Liberty Street New York, NY 10281 |
15.36% | |
Charles
Schwab & Co., Inc.
211 Main Street San Francisco, CA 94105 |
12.38% | |
Pershing
LLC
1 Pershing Plaza Jersey City, NJ 07399 |
10.04% | |
Wells
Fargo
420 Montgomery Street San Francisco, CA 94104 |
9.44% | |
LPL
Financial
75 State Street Boston, MA 02109 |
5.83% | |
Bank
of America
100 N Tryon Street Charlotte, NC 28255 |
5.01% |
Name & Address | % Owned | |
Charles
Schwab & Co., Inc.
211 Main Street San Francisco, CA 94105 |
34.77% | |
The
Bank of New York Mellon
One Wall Street New York, NY 10286 |
7.56% | |
TD
Ameritrade Clearing, Inc.
4211 South 102nd Street Omaha, NE 68127 |
7.24% | |
Ameriprise
Enterprise Investment Services Inc.
55 Ameriprise Financial Center Minneapolis, MN 55474 |
6.72% | |
National
Financial Services LLC
200 Liberty Street New York, NY 10281 |
6.14% |
Name & Address | % Owned | |
TD
Ameritrade Clearing, Inc.
4211 South 102nd Street Omaha, NE 68127 |
34.43% | |
J.P.
Morgan Securities LLC
383 Madison Avenue New York, NY 10179 |
20.20% | |
Bank
of America
100 N Tryon Street Charlotte, NC 28255 |
12.61% | |
Charles
Schwab & Co., Inc.
211 Main Street San Francisco, CA 94105 |
7.23% | |
Goldman,
Sachs & Co.
200 West Street New York, NY 10282 |
6.87% |
Name & Address | % Owned | |
Merrill
Lynch, Pierce, Fenner & Smith Incorporated
4 Corporate Place Piscataway, NJ 08854 |
19.90% | |
Charles
Schwab & Co., Inc.
211 Main Street San Francisco, CA 94105 |
18.16% | |
Fifth
Third Bank
38 Fountain Square Plaza Cincinnati, OH 45263 |
13.53% | |
Raymond,
James & Associates, Inc.
880 Carillon Parkway St. Petersburg, FL 33716 |
10.19% | |
TD
Ameritrade Clearing, Inc.
4211 South 102nd Street Omaha, NE 68127 |
5.94% |
Name & Address | % Owned | |
National
Financial Services LLC
200 Liberty Street New York, NY 1021 |
5.74% | |
Pershing
LLC
1 Pershing Plaza Jersey City, NJ 07399 |
5.44% |
Jeffrey W. Kernagis | Dollar Range | |||||||||||
Fund |
$1
to
$10,000 |
$10,001
to
$50,000 |
$50,001
to
$100,000 |
$100,001
to
$500,000 |
$500,001
to
$1,000,000 |
over
$1,000,000 |
||||||
Invesco Emerging Markets Sovereign Debt ETF | X | |||||||||||
Invesco FTSE RAFI Emerging Markets ETF | X |
Jeffrey W. Kernagis | Dollar Range | |||||||||||
Fund |
$1
to
$10,000 |
$10,001
to
$50,000 |
$50,001
to
$100,000 |
$100,001
to
$500,000 |
$500,001
to
$1,000,000 |
over
$1,000,000 |
||||||
Invesco International BuyBack Achievers™ ETF | X |
Fund | Advisory Fee | |
Invesco China Technology ETF | 0.70% (1) | |
Invesco DWA Developed Markets Momentum ETF | 0.80% | |
Invesco DWA Emerging Markets Momentum ETF | 0.90% | |
Invesco Emerging Markets Sovereign Debt ETF | 0.50% | |
Invesco FTSE International Low Beta Equal Weight ETF | 0.45% | |
Invesco FTSE RAFI Developed Markets ex-U.S. ETF | 0.45% | |
Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF | 0.49% | |
Invesco FTSE RAFI Emerging Markets ETF | 0.49% | |
Invesco Global Clean Energy ETF | 0.75% | |
Invesco Global Short Term High Yield Bond ETF | 0.35% | |
Invesco Global Water ETF | 0.75% | |
Invesco International BuyBack Achievers™ ETF | 0.55% | |
Invesco International Corporate Bond ETF | 0.50% | |
Invesco MSCI Global Timber ETF | 0.50% | |
Invesco PureBetaSM 0-5 Yr US TIPS ETF | 0.07% | |
Invesco PureBetaSM FTSE Developed ex-North America ETF | 0.07% | |
Invesco PureBetaSM FTSE Emerging Markets ETF | 0.14% | |
Invesco S&P Emerging Markets Low Volatility ETF | 0.45% (2) | |
Invesco S&P Emerging Markets Momentum ETF | 0.45% (2) | |
Invesco S&P Global Water Index ETF | 0.50% | |
Invesco S&P International Developed High Dividend Low Volatility ETF | 0.30% | |
Invesco S&P International Developed Low Volatility ETF | 0.35% (3) | |
Invesco S&P International Developed Momentum ETF | 0.35% (3) | |
Invesco S&P International Developed Quality ETF | 0.29% |
(1) | The Adviser has agreed to waive a portion of its Advisory Fee to the extent necessary to prevent the Fund’s operating expenses (excluding interest expenses, brokerage commissions and other trading expenses, Acquired Fund Fees and Expenses, if any, taxes and litigation expenses, and extraordinary expenses) from exceeding the management fee through at least May 18, 2020. |
(2) | The Adviser has agreed to waive 0.16% of the Fund’s unitary management fee through February 28, 2021 and the Adviser cannot discontinue the agreement prior to its expiration. |
(3) | The Adviser has agreed to waive 0.10% of the Fund’s unitary management fee through February 28, 2021 and the Adviser cannot discontinue the agreement prior to its expiration. |
Fund | Expense Cap (1) | |
Invesco MSCI Global Timber ETF | 0.55% | |
Invesco S&P Global Water Index ETF | 0.63% |
(1) | The Adviser further agrees to reimburse a Fund in the amount equal to the licensing fees that the Fund pays that cause the Fund’s operating expenses (excluding interest expenses, offering costs, brokerage commissions and other trading expenses, taxes, Acquired Fund Fees and Expenses and extraordinary expenses) to exceed the amount shown below through December 31, 2020 for Invesco MSCI Global Timber ETF and through April 6, 2020 for Invesco S&P Global Water Index ETF: |
Fund | Operating Expenses | |
Invesco MSCI Global Timber ETF | 0.55% | |
Invesco S&P Global Water Index ETF | 0.63% |
Advisory
Fees Paid for the
Fiscal Year Ended October 31 |
Advisory
Fees Waived for the
Fiscal Year Ended* |
|||||||||||||
Fund | 2019 | 2018 | 2017 | 2019 | 2018 | 2017 |
Date
of
Commencement of Investment Operations |
|||||||
Invesco DWA Developed Markets Momentum ETF | $1,489,318 | $1,976,606 | $1,457,039 | $(304) | $(189) | $(193) | 12/27/2007 | |||||||
Invesco DWA Emerging Markets Momentum ETF | $1,511,759 | $2,343,862 | $1,533,395 | $(302) | $(786) | $(486) | 12/27/2007 | |||||||
Invesco Emerging Markets Sovereign Debt ETF | $17,484,511 | $22,955,325 | $21,597,857 | $(21,396) | $(32,326) | $(32,622) | 10/11/2007 | |||||||
Invesco FTSE International Low Beta Equal Weight ETF | $438,335 | $559,851 | $663,380 | $(150) | $(202) | $(181) | 11/04/2015 | |||||||
Invesco FTSE RAFI Developed Markets ex-U.S. ETF | $5,966,751 | $5,646,833 | $4,901,240 | $(2,012) | $(1,494) | $(1,132) | 06/25/2007 | |||||||
Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF | $1,564,440 | $1,167,119 | $887,692 | $(527) | $(437) | $(228) | 09/27/2007 | |||||||
Invesco FTSE RAFI Emerging Markets ETF | $6,139,602 | $5,234,900 | $3,941,839 | $(29,585) | $(72,429) | $(64,506) | 09/27/2007 | |||||||
Invesco Global Clean Energy ETF | $365,107 | $425,784 | $410,911 | $(56) | $(78) | $(13) | 06/13/2007 | |||||||
Invesco Global Short Term High Yield Bond ETF | $773,325 | $810,996 | $547,742 | $(5,763) | $(6,249) | $(6,504) | 06/17/2013 | |||||||
Invesco Global Water ETF | $1,351,872 | $1,400,044 | $1,410,564 | $(85) | $(47) | $(30) | 06/13/2007 | |||||||
Invesco International BuyBack AchieversTM ETF | $990,925 | $1,586,024 | $741,622 | $(297) | $(614) | $(209) | 02/24/2014 | |||||||
Invesco International Corporate Bond ETF | $585,846 | $737,540 | $856,653 | $(85) | $(433) | $(558) | 06/01/2010 | |||||||
Invesco PureBetaSM 0-5 Yr US TIPS ETF | $3,761 | $1,733 | $191 | $(11) | $(13) | None | 9/19/2017 | |||||||
Invesco PureBetaSM FTSE Developed ex-North America ETF | $1,623 | $1,776 | $191 | $(6) | $(4) | None | 9/19/2017 | |||||||
Invesco PureBetaSM FTSE Emerging Markets ETF | $3,262 | $3,519 | $382 | $(1,002) | $(681) | $(3) | 9/19/2017 | |||||||
Invesco S&P Emerging Markets Low Volatility ETF | $1,436,487 | $2,019,164 | $1,153,486 | $(511,307) | $(719,775) | $(410,442) | 01/11/2012 | |||||||
Invesco S&P Emerging Markets Momentum ETF | $37,744 | $919,530 | $743,822 | $(14,861) | $(361,239) | $(297,822) | 02/22/2012 | |||||||
Invesco S&P International Developed High Dividend Low Volatility ETF | $29,629 | $15,558 | $9,302 | $(18) | $(11) | $(18) | 11/29/2016 | |||||||
Invesco S&P International Developed Low Volatility ETF | $2,583,026 | $2,044,332 | $1,761,747 | $(739,162) | $(585,068) | $(504,812) | 01/11/2012 | |||||||
Invesco S&P International Developed Momentum ETF | $8,931 | $9,730 | $9,402 | $(2,553) | $(2,783) | $(2,693) | 02/22/2012 | |||||||
Invesco S&P International Developed Quality ETF | $101,577 | $99,725 | $72,493 | $(49) | $(29) | $(18) | 06/13/2007 |
* | Includes unitary fee waivers and waiver of fees equal to the indirect management fees that a Fund incurs through its investments in affiliated money market funds, as applicable. |
Advisory
Fees Paid for the
Fiscal Year Ended |
Advisory
Fees Waived for the
Fiscal Year Ended* |
|||||||||||||||||
Fund | 2019 | June 1, 2018 to October 31, 2018 | 2018 | 2017 | 2019 | June 1, 2018 to October 31, 2018 | 2018 | 2017 |
Date
of
Commencement of Investment Operations |
|||||||||
Invesco MSCI Global Timber ETF (1) | $767,200 | $448,728 | $1,085,835 | $872,180 | $(191,547) | $(76,726) | $(255,325) | $ (229,118) | 11/9/2007 |
Fund | October 31, 2019 | June 1, 2018 through October 31, 2018 | May 31, 2018 | May 31, 2017 | ||||
Invesco MSCI Global Timber ETF | $41,446 | $20,000 | $49,340 | $47,970 |
Fund | October 31, 2019 | September 1, 2018 through October 31, 2018 | August 31, 2018 | August 31, 2017 | ||||
Invesco S&P Global Water Index ETF | $62,530 | $18,741 | $130,093 | $113,089 |
Gross
income from securities lending activities |
Fees
paid
to Securities Lending Agent from a revenue split |
Fees
paid for
any cash collateral management service (including fees deducted from a pooled cash collateral reinvestment vehicle) not included in the revenue split |
Administrative
fees not included in the revenue split |
Indemnification
fees not included in the revenue split |
Rebate
(paid to borrower) |
Other
fees not included in the revenue split |
Aggregate
fees/ compensation for securities lending activities |
Net
income
from securities lending activities |
||||||||||
Invesco China Technology ETF | $637,169 | $71,653 | $0 | $0 | $0 | $(79,407) | $0 | $(7,754) | $644,923 | |||||||||
Invesco DWA Developed Markets Momentum ETF | $101,661 | $3,384 | $0 | $0 | $0 | $67,815 | $0 | $71,199 | $30,462 | |||||||||
Invesco DWA Emerging Markets Momentum ETF | $22,614 | $1,358 | $0 | $0 | $0 | $9,034 | $0 | $10,392 | $12,222 | |||||||||
Invesco Emerging Markets Sovereign Debt ETF | $75,598 | $707 | $0 | $0 | $0 | $68,522 | $0 | $69,229 | $6,369 | |||||||||
Invesco FTSE International Low Beta Equal Weight ETF | $56,838 | $3,759 | $0 | $0 | $0 | $19,208 | $0 | $22,967 | $33,871 | |||||||||
Invesco FTSE RAFI Developed Markets ex-U.S. ETF | $780,737 | $63,186 | $0 | $0 | $0 | $148,806 | $0 | $211,992 | $568,745 | |||||||||
Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF | $362,572 | $36,519 | $0 | $0 | $0 | $(2,759) | $0 | $33,760 | $328,812 | |||||||||
Invesco FTSE RAFI Emerging Markets ETF | $82,746 | $4,947 | $0 | $0 | $0 | $33,266 | $0 | $38,213 | $44,533 | |||||||||
Invesco Global Clean Energy ETF | $164,701 | $55,887 | $0 | $0 | $0 | $(394,224) | $0 | $(338,337) | $503,038 | |||||||||
Invesco Global Short Term High Yield Bond ETF | $95,598 | $8,350 | $0 | $0 | $0 | $12,070 | $0 | $20,420 | $75,178 | |||||||||
Invesco Global Water ETF | $90,006 | $6,446 | $0 | $0 | $0 | $25,542 | $0 | $31,988 | $58,018 | |||||||||
Invesco International BuyBack Achievers™ ETF | $128,968 | $8,829 | $0 | $0 | $0 | $40,670 | $0 | $49,499 | $79,469 | |||||||||
Invesco International Corporate Bond ETF | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |||||||||
Invesco MSCI Global Timber ETF | $119,029 | $7,111 | $0 | $0 | $0 | $47,900 | $0 | $55,011 | $64,018 | |||||||||
Invesco PureBetaSM 0-5 Yr US TIPS ETF | $189 | $1 | $0 | $0 | $0 | $176 | $0 | $177 | $12 | |||||||||
Invesco PureBetaSM FTSE Developed ex-North America ETF | $692 | $49 | $0 | $0 | $0 | $175 | $0 | $224 | $468 | |||||||||
Invesco PureBetaSM FTSE Emerging Markets ETF | $400 | $21 | $0 | $0 | $0 | $179 | $0 | $200 | $200 | |||||||||
Invesco S&P Emerging Markets Low Volatility ETF | $5,793 | $173 | $0 | $0 | $0 | $4,058 | $0 | $4,231 | $1,562 |
Gross
income from securities lending activities |
Fees
paid
to Securities Lending Agent from a revenue split |
Fees
paid for
any cash collateral management service (including fees deducted from a pooled cash collateral reinvestment vehicle) not included in the revenue split |
Administrative
fees not included in the revenue split |
Indemnification
fees not included in the revenue split |
Rebate
(paid to borrower) |
Other
fees not included in the revenue split |
Aggregate
fees/ compensation for securities lending activities |
Net
income
from securities lending activities |
||||||||||
Invesco S&P Emerging Markets Momentum ETF | $860 | $26 | $0 | $0 | $0 | $602 | $0 | $628 | $232 | |||||||||
Invesco S&P Global Water Index ETF | $210,517 | $15,215 | $0 | $0 | $0 | $58,345 | $0 | $73,560 | $136,957 | |||||||||
Invesco S&P International Developed High Dividend Low Volatility ETF | $3,386 | $266 | $0 | $0 | $0 | $722 | $0 | $988 | $2,398 | |||||||||
Invesco S&P International Developed Low Volatility ETF | $497,854 | $20,351 | $0 | $0 | $0 | $294,326 | $0 | $314,677 | $183,177 | |||||||||
Invesco S&P International Developed Momentum ETF | $821 | $40 | $0 | $0 | $0 | $415 | $0 | $455 | $366 | |||||||||
Invesco S&P International Developed Quality ETF | $7,470 | $579 | $0 | $0 | $0 | $1,675 | $0 | $2,254 | $5,216 |
Fund | Underlying Index | |
Invesco China Technology ETF | FTSE China Incl A 25% Technology Capped Index | |
Invesco DWA Developed Markets Momentum ETF | Dorsey Wright® Developed Markets Technical Leaders Index | |
Invesco DWA Emerging Markets Momentum ETF | Dorsey Wright® Emerging Markets Technical Leaders Index | |
Invesco Emerging Markets Sovereign Debt ETF | DBIQ Emerging Market USD Liquid Balanced Index | |
Invesco FTSE International Low Beta Equal Weight ETF | FTSE Developed ex-U.S. Low Beta Equal Weight Index | |
Invesco FTSE RAFI Developed Markets ex-U.S. ETF | FTSE RAFITM Developed ex-U.S. 1000 Index | |
Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF | FTSE RAFITM Developed ex-U.S. Mid-Small 1500 Index |
Fund | Underlying Index | |
Invesco FTSE RAFI Emerging Markets ETF | FTSE RAFITM Emerging Index | |
Invesco Global Clean Energy ETF | WilderHill New Energy Global Innovation Index | |
Invesco Global Short Term High Yield Bond ETF | DB Global Short Maturity High Yield Bond Index | |
Invesco Global Water ETF | Nasdaq OMX Global Water IndexSM | |
Invesco International BuyBack Achievers™ ETF | Nasdaq International BuyBack Achievers™ Index | |
Invesco International Corporate Bond ETF | S&P International Corporate Bond Index®* | |
Invesco MSCI Global Timber ETF | MSCI ACWI IMI Timber Select Capped Index | |
Invesco PureBetaSM 0-5 Yr US TIPS ETF | ICE BofA 0-5 Year US Inflation-Linked Treasury Index | |
Invesco PureBetaSM FTSE Developed ex-North America ETF | FTSE Developed ex North America Index | |
Invesco PureBetaSM FTSE Emerging Markets ETF | FTSE Emerging Index | |
Invesco S&P Emerging Markets Low Volatility ETF | S&P BMI Emerging Markets Low Volatility Index* | |
Invesco S&P Emerging Markets Momentum ETF | S&P Momentum Emerging Plus LargeMidCap Index* | |
Invesco S&P Global Water Index ETF | S&P Global Water Index | |
Invesco S&P International Developed High Dividend Low Volatility ETF | S&P EPAC Ex-Korea Low Volatility High Dividend Index* | |
Invesco S&P International Developed Low Volatility ETF | S&P BMI International Developed Low Volatility Index* | |
Invesco S&P International Developed Momentum ETF | S&P Momentum Developed ex-U.S. & South Korea LargeMidCap* | |
Invesco S&P International Developed Quality ETF | S&P Quality Developed ex-U.S. LargeMidCap Index* |
* | S&P Dow Jones Indices LLC (“S&P DJI”) is the Index Provider for the Fund’s Underlying Index. Standard & Poor’s® and S&P® are registered trademarks of S&P DJI and have been licensed for use by the Adviser. |
Date
of
Commencement of Investment Operations |
Total
$ Amount
of Brokerage Commissions Paid |
Total
$ Amount
of Brokerage Commissions Paid to Affiliated Brokers |
%
of Total
Brokerage Commissions Paid to the Affiliated Brokers |
%
of Total
Transaction Dollars Effected Through Affiliated Brokers |
||||||||||||||
Fund | 2019 | 2018 | 2017 | 2019 | 2018 | 2017 | 2019 | 2019 | ||||||||||
Invesco DWA Developed Markets Momentum ETF | 12/27/2007 | $117,197 | $141,226 | $108,685 | $ 0 | $ 0 | $ 0 | 0.00% | 0.00% | |||||||||
Invesco DWA Emerging Markets Momentum ETF | 12/27/2007 | $371,426 | $542,486 | $411,101 | $ 0 | $ 3 | $ 0 | 0.00% | 0.00% | |||||||||
Invesco Emerging Markets Sovereign Debt ETF | 10/11/2007 | $ 0 | $ 0 | $ 0 | $ 0 | $ 0 | $ 0 | 0.00% | 0.00% | |||||||||
Invesco FTSE International Low Beta Equal Weight ETF | 11/4/2015 | $ 44,704 | $ 46,705 | $ 46,155 | $ 0 | $ 0 | $ 0 | 0.00% | 0.00% | |||||||||
Invesco FTSE RAFI Developed Markets ex-U.S. ETF | 6/25/2007 | $145,981 | $ 94,452 | $ 98,280 | $ 0 | $ 0 | $ 0 | 0.00% | 0.00% | |||||||||
Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF | 9/27/2007 | $ 83,818 | $ 50,958 | $ 32,867 | $ 0 | $ 0 | $ 0 | 0.00% | 0.00% | |||||||||
Invesco FTSE RAFI Emerging Markets ETF | 9/27/2007 | $578,121 | $284,530 | $302,480 | $ 0 | $203 | $ 0 | 0.00% | 0.00% | |||||||||
Invesco Global Clean Energy ETF | 6/13/2007 | $ 32,324 | $ 26,257 | $ 23,827 | $833 | $ 68 | $207 | 3.49% | 2.57% |
Date
of
Commencement of Investment Operations |
Total
$ Amount
of Brokerage Commissions Paid |
Total
$ Amount
of Brokerage Commissions Paid to Affiliated Brokers |
%
of Total
Brokerage Commissions Paid to the Affiliated Brokers |
%
of Total
Transaction Dollars Effected Through Affiliated Brokers |
||||||||||||||
Fund | 2019 | 2018 | 2017 | 2019 | 2018 | 2017 | 2019 | 2019 | ||||||||||
Invesco Global Short Term High Yield Bond ETF | 6/17/2013 | $ 302 | $ 3 | $ 88 | $ 0 | $ 0 | $0 | 0.00% | 0.00% | |||||||||
Invesco Global Water ETF | 6/13/2007 | $ 32,130 | $ 35,504 | $ 34,230 | $ 20 | $ 0 | $0 | 0.23% | 0.06% | |||||||||
Invesco International BuyBack Achievers™ ETF | 2/24/2014 | $137,911 | $249,080 | $141,828 | $ 0 | $ 0 | $0 | 0.00% | 0.00% | |||||||||
Invesco International Corporate Bond ETF | 6/1/2010 | $ 0 | $ 0 | $ 0 | $ 0 | $ 0 | $0 | 0.00% | 0.00% | |||||||||
Invesco PureBetaSM 0-5 Yr US TIPS ETF | 9/19/2017 | $ 0 | $ 0 | $ 0 | $ 0 | $ 0 | $0 | 0.00% | 0.00% | |||||||||
Invesco PureBetaSM FTSE Developed ex-North America ETF | 9/19/2017 | $ 65 | $ 134 | $ 832 | $ 0 | $ 0 | $0 | 0.00% | 0.00% | |||||||||
Invesco PureBetaSM FTSE Emerging Markets ETF | 9/19/2017 | $ 442 | $ 450 | $ 1,619 | $ 1 | $ 2 | $0 | 2.60% | 0.21% | |||||||||
Invesco S&P Emerging Markets Low Volatility ETF | 1/11/2012 | $402,910 | $913,797 | $357,675 | $132 | $250 | $0 | 0.09% | 0.03% | |||||||||
Invesco S&P Emerging Markets Momentum ETF | 2/22/2012 | $ 19,168 | $428,014 | $350,364 | $ 12 | $ 0 | $0 | 0.50% | 0.06% | |||||||||
Invesco S&P International Developed High Dividend Low Volatility ETF | 11/29/2016 | $ 3,689 | $ 2,280 | $ 1,845 | $ 0 | $ 0 | $0 | 0.00% | 0.00% | |||||||||
Invesco S&P International Developed Low Volatility ETF | 1/10/2012 | $273,105 | $239,494 | $215,290 | $ 0 | $ 0 | $0 | 0.00% | 0.00% | |||||||||
Invesco S&P International Developed Momentum ETF | 2/22/2012 | $ 1,509 | $ 2,143 | $ 2,206 | $ 1 | $ 0 | $0 | 0.11% | 0.10% | |||||||||
Invesco S&P International Developed Quality ETF | 6/13/2007 | $ 13,233 | $ 13,408 | $ 7,110 | $ 0 | $ 5 | $0 | 0.00% | 0.00% |
Date
of
Commencement of Investment Operations |
Total
$ Amount
of Brokerage Commissions Paid |
Total
$ Amount
of Brokerage Commissions Paid to Affiliated Brokers |
%
of Total
Brokerage Commissions Paid to the Affiliated Brokers |
%
of Total
Transaction Dollars Effected Through Affiliated Brokers |
||||||||||||||||||
Fund |
October
31,
2019 |
October
31,
2018 |
August
31,
2018 |
August
31,
2017 |
October
31,
2019 |
October
31,
2018 |
August
31,
2018 |
August
31,
2017 |
2019 | 2019 | ||||||||||||
Invesco China Technology ETF | 12/08/09 | $323,147 | $ 9,446 | $50,906 | $ 6,934 | $939 | $0 | $0 | $0 | 1.60% | 0.29% | |||||||||||
Invesco S&P Global Water Index ETF | 5/14/07 | $ 43,722 | $18,542 | $61,220 | $29,289 | $ 58 | $0 | $0 | $0 | 0.39% | 0.13% | |||||||||||
October
31,
2019 |
October
31,
2018 |
May
31,
2018 |
May
31,
2017 |
October
31,
2019 |
October
31,
2018 |
May
31,
2018 |
May
31,
2017 |
2019 | 2019 | |||||||||||||
Invesco MSCI Global Timber ETF | 11/09/07 | $ 22,637 | $ 9,603 | $17,103 | $10,388 | $ 64 | $0 | $0 | $0 | 0.38% | 0.28% |
Fund |
Base
Administrative Fee (Payable to BNYM) |
Maximum
Administrative Fee (Payable To BNYM) |
||
Invesco China Technology ETF | $500 | $2,000 | ||
Invesco DWA Developed Markets Momentum ETF | $1,500 | $6,000 | ||
Invesco DWA Emerging Markets Momentum ETF | $2,500 | $10,000 | ||
Invesco Emerging Markets Sovereign Debt ETF | $500 | $2,000 | ||
Invesco FTSE International Low Beta Equal Weight ETF | $4,000 | $16,000 | ||
Invesco FTSE RAFI Developed Markets ex-U.S. ETF | $10,000 | $40,000 | ||
Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF | $10,000 | $40,000 | ||
Invesco FTSE RAFI Emerging Markets ETF | $4,000 | $16,000 | ||
Invesco Global Clean Energy ETF | $1,500 | $6,000 | ||
Invesco Global Short Term High Yield Bond ETF | $500 | $2,000 | ||
Invesco Global Water ETF | $1,000 | $4,000 | ||
Invesco International BuyBack AchieversTM ETF | $500 | $2,000 | ||
Invesco International Corporate Bond ETF | $500 | $2,000 | ||
Invesco MSCI Global Timber ETF | $500 | $2,000 | ||
Invesco PureBetaSM 0-5 Yr US TIPS ETF | $0 | $0 | ||
Invesco PureBetaSM FTSE Developed ex-North America ETF | $15,000 | $60,000 | ||
Invesco PureBetaSM FTSE Emerging Markets ETF | $20,000 | $80,000 | ||
Invesco S&P Emerging Markets Low Volatility ETF | $2,000 | $8,000 | ||
Invesco S&P Emerging Markets Momentum ETF | $2,000 | $8,000 | ||
Invesco S&P Global Water Index ETF | $500 | $2,000 | ||
Invesco S&P International Developed High Dividend Low Volatility ETF | $1,300 | $5,200 | ||
Invesco S&P International Developed Low Volatility ETF | $2,100 | $8,400 | ||
Invesco S&P International Developed Momentum ETF | $1,800 | $7,200 | ||
Invesco S&P International Developed Quality ETF | $2,300 | $9,200 |
• | Distribution Requirement—the Fund must distribute an amount equal to the sum of at least 90% of its investment company taxable income and 90% of its net tax-exempt income, if any, for the tax year (certain distributions made by the Fund after the close of its tax year are considered distributions attributable to the previous tax year for purposes of satisfying this requirement). |
• | Income Requirement—the Fund must derive at least 90% of its gross income from dividends, interest, certain payments with respect to securities loans, and gains from the sale or other disposition of stock, securities or foreign currencies, or other income (including, but not limited to, gains from options, futures or forward contracts) derived from its business of investing in such stock, securities or currencies and net income derived from qualified publicly traded partnerships (“QPTPs”). |
• | Asset Diversification Test—the Fund must satisfy the following asset diversification test at the close of each quarter of the Fund’s tax year: (1) at least 50% of the value of the Fund’s assets must consist of cash and cash items, U.S. Government Securities, securities of other regulated investment companies, and securities of other issuers (as to which the Fund has not invested more than 5% of the value of the Fund’s total assets in securities of an issuer and as to which the Fund does not hold more than 10% of the outstanding voting securities of the issuer); and (2) no more |
than 25% of the value of the Fund’s total assets may be invested in the securities of any one issuer (other than U.S. Government Securities or securities of other regulated investment companies) or of two or more issuers which the Fund controls and which are engaged in the same or similar trades or businesses, or, collectively, in the securities of QPTPs. |
(i) | any net capital loss incurred after October 31 of the current taxable year, or, if there is no such loss, any net long-term capital loss or any net short-term capital loss incurred after October 31 of the current taxable year (post-October capital losses), and |
(ii) | the sum of (1) the excess, if any, of (a) specified losses incurred after October 31 of the current taxable year, over (b) specified gains incurred after October 31 of the current taxable year and (2) the excess, if any, of (a) ordinary losses incurred after December 31 of the current taxable year, over (b) the ordinary income incurred after December 31 of the current taxable year. |
• | provide your correct Social Security or taxpayer identification number; |
• | certify that this number is correct; |
• | certify that you are not subject to backup withholding; and |
• | certify that you are a U.S. person (including a U.S. resident alien). |
• | exempt-interest dividends paid by the Fund from its net interest income earned on municipal securities; |
• | capital gain dividends paid by the Fund from its net long-term capital gains (other than those from disposition of a U.S. real property interest), unless you are a nonresident alien present in the United States for a period or periods aggregating 183 days or more during the calendar year; and |
• | interest-related dividends paid by the Fund from its qualified net interest income from U.S. sources and short-term capital gain dividends. |
I. | Guiding Principles and Philosophy |
II. | Applicability of this Policy |
III. | Proxy Voting for Certain Fixed Income, Money Market, Index and Legacy OppenheimerFunds Accounts |
IV. | Conflicts of Interest |
V. | Use of Third-Party Proxy Advisory Services |
1 | Generally speaking, Invesco does not invest for its clients in the shares of Invesco Ltd., however, limited exceptions apply in the case of funds or accounts designed to track an index that includes Invesco Ltd. as a component. |
VI. | Global Proxy Voting Platform and Administration |
VII. | Non-Votes |
• | If the security in question is on loan as part of a securities lending program, Invesco may determine that the benefit to the client of voting a particular proxy is outweighed by the revenue that would be lost by terminating the loan and recalling the securities; |
• | In some countries the exercise of voting rights imposes temporary transfer restrictions on the related securities (“share blocking”). Invesco generally refrains from voting proxies in share-blocking countries unless Invesco determines that the benefit to the client(s) of voting a specific proxy outweighs the client’s temporary inability to sell the security; or |
• | Some companies require a representative to attend meetings in person to vote a proxy. Invesco |
may determine that the costs of sending a representative or signing a power-of-attorney outweigh the benefit of voting a particular proxy. |
VIII. | Proxy Voting Guidelines |
A. | Shareholder Access and Treatment of Shareholder Proposals – General |
• | Gender pay gap proposals |
• | Political contributions disclosure/political lobbying disclosure/political activities and action |
• | Data security, privacy, and internet issues |
• | Report on climate change/climate change action |
• | Gender diversity on boards |
i. | Stock Issuances |
ii. | Stock Splits |
iii. | Share Repurchases |
• | Adopt proxy access right |
• | Require independent board chairperson |
• | Provide right to shareholders to call special meetings |
• | Provide right to act by written consent |
• | Submit shareholder rights plan (poison pill) to shareholder vote |
• | Reduce supermajority vote requirement |
• | Remove antitakeover provisions |
• | Declassify the board of directors |
• | Require a majority vote for election of directors |
• | Require majority of independent directors on the board |
• | Approve executive appointment |
• | Adopt exclusive forum provision |
1. | Director Nominees in Uncontested Elections |
2. | Director Nominees in Contested Elections |
• | Long-term financial performance of the company relative to its industry |
• | Management’s track record |
• | Background to the proxy contest |
• | Qualifications of director nominees (both slates) |
• | Evaluation of what each side is offering shareholders as well as the likelihood that the proposed objectives and goals can be met |
• | Stock ownership positions in the company |
3. | Director Accountability |
4. | Director Independence |
5. | Director Indemnification |
6. | Separate Chairperson and CEO |
• | a designated lead director, appointed from the ranks of the independent board members, with an established term of office and clearly delineated powers and duties |
• | a majority of independent directors |
• | completely independent key committees |
• | committee chairpersons nominated by the independent directors |
• | CEO performance reviewed annually by a committee of independent directors |
• | established governance guidelines |
7. | Majority/Supermajority/Cumulative Voting for Directors |
8. | Staggered Boards/Annual Election of Directors |
9. | Board Size |
10. | Director Term Limits and Retirement Age |
1. | Qualifications of Audit Committee and Auditors |
2. | Auditor Indemnifications |
3. | Adequate Disclosure of Auditor Fees |
i. | Independent Compensation/Remuneration Committee |
ii. | Advisory Votes on Executive Compensation |
• | Provide right to act by written consent |
• | Provide right to call special meetings |
• | Adopt fair price provision |
• | Approve control share acquisition |
Country | JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | ||||||||||||
Albania | 1,2 | 14,24 | 13,20 | 1 | 31* | 7 | 30 | 8,25 | ||||||||||||||||
Argentina | 1 | 24,25 | 23,24 | 2,9,10 | 1,25 | 15 | 9,10 | 17 | 12 | 6,23 | 7,8,25 | |||||||||||||
Australia | 1,27 | 2,9 | 10-13,27 | 4 | 1,8 | 3,12 | 28 | 5 | 3 | 24-28,31 | ||||||||||||||
Austria | 1 | 10,13 | 1 | 1 | 26 | 24,25,31 | ||||||||||||||||||
Bahrain** | 1 | 24*-26* | 2*,20* | 29* | 16,17 | |||||||||||||||||||
Bangladesh** | 17,26 | 9*,14 | 6*,21*-25* | 1 | 2*,11,30* | 26 | 16,31 | |||||||||||||||||
Belgium | 1,10 | 10,13 | 1,21,22 | 1 | 21 | 11 | 24,25,31 | |||||||||||||||||
Benin | 1 | 13 | 1,21 | 1 | 7* | 7 | 11 | 25 | ||||||||||||||||
Bermuda | 1 | 10 | 29 | 15 | 30,31 | 7 | 11 | 25,28 | ||||||||||||||||
Bosnia and Herzegovina, Fed. of | 1,2,7,9 | 13,17,20 | 1,25 | 31 | 21,25 | 25 | ||||||||||||||||||
Botswana | 1,2 | 10,13 | 1,21 | 1,20,21 | 30 | 1 | 25 | |||||||||||||||||
Brazil | 1 | 24-26 | 10,21 | 1 | 11 | 9 | 7 | 12 | 2,20 | 24,25,31 | ||||||||||||||
Bulgaria | 1 | 3 | 10,13,17,20 | 1,6,25 | 7,22 | 24,25,28 | ||||||||||||||||||
Burkina Faso | 1 | 13 | 1,21 | 1 | 7* | 7 | 11 | 25 | ||||||||||||||||
Canada | 1,2 | 17 | 10 | 18 | 24 | 1 | 3 | 7 | 12 | 11 | 24,25,28 | |||||||||||||
Chile | 1 | 10 | 1,21 | 29 | 16 | 18 | 12 | 8,25,31 | ||||||||||||||||
China | 1,24-30 | 6 | 1,4,5 | 25,26 | 1-8 | |||||||||||||||||||
China Connect – Bond Connect | 1,27-28 | 10-13,30 | 1 | 25 | 1 | 1-2,26 | 25 | |||||||||||||||||
China Connect – Stock Connect | 1,24-30 | 6,9-13,29-30 | 1-5 | 25-26,30 | 1 | 1-8,23-26 | 24-25 | |||||||||||||||||
Colombia | 1,6 | 23 | 9,10 | 1,25 | 15,22,29 | 20 | 7,17 | 12 | 2,16 | 8,24*,25,31* | ||||||||||||||
Costa Rica | 1 | 9-10 | 1 | 15 | 12 | 25 | ||||||||||||||||||
Croatia | 1,6 | 10,13 | 1 | 11,22 | 5 | 18 | 24,25,31 | |||||||||||||||||
Cyprus | 1,6 | 2,25 | 1,10,13,17,20,21 | 1 | 8 | 1,28 | 24-25 | |||||||||||||||||
Czech Republic | 1 | 10,13 | 1,8 | 6 | 28 | 28 | 17 | 24,25,31 | ||||||||||||||||
Denmark | 1 | 9,10,13 | 8,21,22 | 1,5 | 24,25,31 | |||||||||||||||||||
Egypt** | 1,7 | 19,20 | 24*-25* | 23,30* | 20* | 6,29* | ||||||||||||||||||
Estonia | 1 | 24 | 10,13 | 1,21 | 23,24 | 20 | 24,25,31 | |||||||||||||||||
Eswatini | 1 | 10,13,20 | 1,21 | 22* | 7 | 25,28* | ||||||||||||||||||
Euroclear | 1 | 25 | ||||||||||||||||||||||
Finland | 1,6 | 10,13 | 1,21 | 19 | 24,25,31 | |||||||||||||||||||
France | 1 | 10,13 | 1 | 24,25,31 | ||||||||||||||||||||
Georgia, Republic of | 1-2,7 | 3 | 9,17-20 | 12,26 | 28 | 14 | 23 | |||||||||||||||||
Germany | 1 | 10,13 | 1 | 1 | 24,25,31 | |||||||||||||||||||
Ghana | 1,7 | 6 | 10,13 | 1,25* | 30*,31* | 4 | 21 | 4,25,28 | ||||||||||||||||
Greece | 1,6 | 2,25 | 10,13,17,20 | 1 | 8 | 28 | 24,25 | |||||||||||||||||
Guinea-Bissau | 1 | 13 | 1,21 | 1 | 7* | 7 | 11 | 25 | ||||||||||||||||
Hong Kong | 1,27-28 | 10,13,30 | 1 | 25 | 1 | 1,2,26 | 25 |
Country | JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | ||||||||||||
Hungary | 1 | 10,13 | 1 | 1 | 20,21 | 23 | 1 | 24,25 | ||||||||||||||||
Iceland | 1 | 9,10,13,23 | 1,21 | 1,17 | 3 | 24,25,31 | ||||||||||||||||||
India | 19,21 | 10,25 | 1,2,6,10,14 | 1,7,25 | 2,30 | 16,30 | 25 | |||||||||||||||||
Indonesia | 1 | 25 | 10 |
1,7,21,22,
25-27 |
1 | 31 | 17,20 | 29 | 24,25,31 | |||||||||||||||
Ireland | 1 | 17 | 10,13 | 1,4 | 1 | 3 | 26 | 24-29,31 | ||||||||||||||||
Israel** | 10 |
8,9,12,13,
14,15,28,29 |
28,29 | 30 | 20,27,28 | 4-8 | ||||||||||||||||||
Italy | 1 | 10,13 | 1 | 24,25,31 | ||||||||||||||||||||
Ivory Coast | 1 | 13 | 1,21 | 1 | 7* | 7 | 11 | 25 | ||||||||||||||||
Japan | 1-3,13 | 11,24 | 20 | 29 | 4-6 | 23,24 | 10 | 21,22 | 3,23 | 31 | ||||||||||||||
Jordan** | 1 | 24*-26* | 30* | 2*,3*,20* | 29* | |||||||||||||||||||
Kazakhstan | 1,2,7 | 9,23-25 | 1,7-8 | 6,31 | 31 | 1,16-18 | ||||||||||||||||||
Kenya | 1 | 10,13 | 1,25* | 1 | 31 | 20 | 25 | |||||||||||||||||
Korea, Republic of | 1,24-27 | 15,30 | 1,5 | 30 | 1-2,9 | 25,31 | ||||||||||||||||||
Kuwait** | 1* | 25*,26* | 22* | 24*-26* | 30* | 2*,3*,20* | 1* | |||||||||||||||||
Latvia | 1 | 10,13 | 1,4,21 | 22-24 | 18 | 24,25,31 | ||||||||||||||||||
Lithuania | 1 | 11 | 10,13 | 1,21 | 24 | 6 | 1 | 24,25,31 | ||||||||||||||||
Luxembourg | 1 | 10,13 | 1 | 24,25,31 | ||||||||||||||||||||
Malawi | 1,15 | 3 | 10,13 | 1,14,25* | 6 | 15 | 25 | |||||||||||||||||
Malaysia | 1,24,27 | 1,7,11,25*-26* | 31* | 20,31 | 16 | 29 | 25 | |||||||||||||||||
Mali | 1 | 13 | 1,21 | 1 | 7* | 7 | 11 | 25 | ||||||||||||||||
Mauritius | 1,2 | 21 | 12,25 | 1 | 2 | 25 | ||||||||||||||||||
Mexico | 1 | 3* | 16* | 9*,10* | 1* | 16* | 2*,16* | 25 | ||||||||||||||||
Morocco | 1 | 1,25*26* | 30,31* | 14,20,21 | 30* | 6,18 | ||||||||||||||||||
Namibia | 1 | 10,13 | 1,4,21,25 | 26 | 10,25 | |||||||||||||||||||
Netherlands | 1 | 10,13 | 1 | 24,25,31 | ||||||||||||||||||||
New Zealand | 1,2 | 6 | 10,13,27 | 1 | 26 | 25,28 | ||||||||||||||||||
Niger | 1 | 13 | 1,21 | 1 | 7* | 7 | 11 | 25 | ||||||||||||||||
Nigeria | 1 | 10,13 | 1,25* | 12 | 31* | 1,29 | 25 | |||||||||||||||||
Norway | 1 | 8,9,10,13 | 1,21 | 1 | 24,25,31 | |||||||||||||||||||
Oman** | 1 | 22* | 24* | 23* | 20* | 29* | 18* | |||||||||||||||||
Pakistan | 1 | 5 | 23 | 23 | 1,22*-27* | 1,30*-31* | 14,27*-28* | 29*-30* | 25 | |||||||||||||||
Panama | 1,13 | 24-26 | 9,10 | 1 | 3-5,10 | 8,25,31 | ||||||||||||||||||
Peru | 1 | 9,10 | 1 | 29 | 28 | 8 | 25 | |||||||||||||||||
Philippines | 1 | 25 | 9-10 | 1 | 12 | 21,31 | 2,30 | 8 | ||||||||||||||||
Poland | 1,6 | 10,13 | 1 | 11 | 11 | 24,25,31 | ||||||||||||||||||
Portugal | 1 | 10,13 | 1 | 24,25,31 | ||||||||||||||||||||
Qatar** | 1 | 11 | 1 | 24*-26* | 30*,31* | 1* | 18 | |||||||||||||||||
Romania | 1,2 | 17,20 | 1 | 1,8 | 30 | 1,25 | ||||||||||||||||||
Russia | 1,2,7 | 24 | 9 | 1,4,5,11 | 12 | 4 | ||||||||||||||||||
Saudi Arabia** | 24*-28* | 30* | 2*-5* | 23* | ||||||||||||||||||||
Senegal | 1 | 13 | 1,21 | 1 | 7* | 7 | 11 | 25 | ||||||||||||||||
Serbia | 1-3,6,7 | 17 | 17,20 | 1 | 11 | |||||||||||||||||||
Singapore | 1,27 | 10 | 1,7,25 | 31 | 10 | 25 |
Country | JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | ||||||||||||
Slovak Republic | 1,6 | 10,13 | 1,8 | 1,15 | 17 | 24,25 | ||||||||||||||||||
Slovenia | 1,2 | 10,13,27 | 1 | 25 | 24,25,31 | |||||||||||||||||||
South Africa | 1 | 10,13,27 | 1 | 16 | 10 | 24 | 16,25 | |||||||||||||||||
Spain | 1 | 10,13 | 1 | 24,25,31 | ||||||||||||||||||||
Sri Lanka | 1,10,15 | 4,21 | 9 | 7,10,13,14 | 1,7,8,25 | 5 | 3 | 1 | 1,30 | 25,29 | ||||||||||||||
Srpska, Republic of | 7,9 | 13,17,20 | 21 | |||||||||||||||||||||
Sweden | 1,6 | 9,10,13,30 | 1,20,21 | 19 | 30 | 24,25,31 | ||||||||||||||||||
Switzerland | 1,2 | 10,13,20 | 1,21 | 1 | 14 | 24,25,31 | ||||||||||||||||||
Taiwan | 1,23-29 | 28 | 2,3 | 1 | 25,26 | 1,2,9 | ||||||||||||||||||
Tanzania | 1 | 7,10,13 | 1 | 7,31 | 14,29 | 9,25 | ||||||||||||||||||
Thailand | 1 | 10 | 6,13-15 | 1,4,6 | 3 | 6,28 | 12 | 13,23 | 7,10,31 | |||||||||||||||
Togo | 1 | 13 | 1,21 | 1 | 7* | 7 | 11 | 25 | ||||||||||||||||
Tunisia | 1,14 | 20 | 9 | 1,25 | 30-31 | 13,20 | 15,28 | |||||||||||||||||
Turkey | 1 | 23 | 1,19,25,26 | 15,30,31 | 3 | 28,29 | ||||||||||||||||||
Uganda | 1 | 10,13 | 1 | 3,9 | 31 | 9 | 25 | |||||||||||||||||
Ukraine | 1,2,6,7 | 1 | 24 | 14 | 25 | |||||||||||||||||||
United Arab Emirates – ADX, DFM and DIFC** | 1 | 24*-26* | 31* | 20* | 1*-3* | |||||||||||||||||||
United Kingdom | 1 | 10,13 | 8,25 | 31 | 25,28 | |||||||||||||||||||
United States | 1,20 | 17 | 10 | 25 | 3 | 7 | 12 | 11,26,27 | 24,25 | |||||||||||||||
Uruguay | 1,6 | 24,25 | 9,10 | 1,18 | 19 | 25 | 12 | 2 | 25 | |||||||||||||||
Vietnam | 1,23-29 | 2,30 | 1 | 2 | ||||||||||||||||||||
Zambia | 1 | 9,12 | 10,13 | 1,25 | 6,7 | 3 | 19 | 25 | ||||||||||||||||
Zimbabwe | 1 | 21 | 10,13 | 1,25 | 10,11 | 22,25 |
* | Date is approximate |
** | Market is closed every Friday |
Country | Trade Date | Settlement Date |
Number
of Days
to Settle |
|||
Botswana
|
7/17/2020 | 7/27/2020 | 9 | |||
China
|
1/22/2020 | 2/3/2020 | 12 | |||
1/23/2020 | 2/3/2020 | 12 | ||||
1/24/2020 | 2/5/2020 | 12 | ||||
1/27/2020 | 2/5/2020 | 9 | ||||
1/28/2020 | 2/5/2020 | 8 | ||||
9/28/20 | 10/8/20 | 10 | ||||
9/29/20 | 10/9/20 | 10 | ||||
9/30/20 | 10/12/20 | 12 | ||||
Egypt
|
5/19/2020 | 6/2/2020 | 13 | |||
5/20/2020 | 6/2/2020 | 12 | ||||
5/21/2020 | 6/2/2020 | 11 |
Country | Trade Date | Settlement Date |
Number
of Days
to Settle |
|||
Hong
Kong
|
1/22/2020 | 2/3/2020 | 12 | |||
1/23/2020 | 2/4/2020 | 12 | ||||
1/24/2020 | 2/5/2020 | 12 | ||||
1/27/2020 | 2/5/2020 | 9 | ||||
1/28/2020 | 2/5/2020 | 8 | ||||
Japan
|
1/10/2020 | 1/20/2020 | 9 | |||
4/28/2020 | 5/7/2020 | 8 | ||||
4/29/2020 | 5/8/2020 | 8 | ||||
4/30/2020 | 5/11/2020 | 10 | ||||
5/1/2020 | 5/12/2020 | 11 | ||||
Kenya
|
4/3/2020 | 4/14/2020 | 9 | |||
4/6/2020 | 4/15/2020 | 8 | ||||
4/7/2020 | 4/16/2020 | 8 | ||||
4/8/2020 | 4/17/2020 | 8 | ||||
4/9/2020 | 4/20/2020 | 10 | ||||
Mexico
|
1/31/2020 | 2/11/2020 | 10 | |||
Peru
|
7/24/2020 | 8/3/2020 | 9 | |||
Russia
|
1/2/2020 | 1/14/2020 | 12 | |||
1/3/2020 | 1/14/2020 | 11 | ||||
1/6/2020 | 1/14/2020 | 8 | ||||
Spain
|
1/2/2020 | 1/14/2020 | 13 | |||
1/3/2020 | 1/15/2020 | 12 | ||||
1/3/2020 | 1/16/2020 | 12 | ||||
4/22/2020 | 5/4/2020 | 11 | ||||
4/23/2020 | 5/5/2020 | 11 | ||||
4/24/2020 | 5/6/2020 | 11 | ||||
4/27/2020 | 5/7/2020 | 9 | ||||
4/28/2020 | 5/8/2020 | 9 | ||||
4/29/2020 | 5/11/2020 | 11 | ||||
4/30/2020 | 5/12/2020 | 11 | ||||
10/1/2020 | 10/13/2020 | 11 | ||||
10/2/2020 | 10/14/2020 | 11 | ||||
10/5/2020 | 10/15/2020 | 9 | ||||
10/6/2020 | 10/16/2020 | 9 | ||||
10/7/2020 | 10/19/2020 | 11 | ||||
10/8/2020 | 10/20/2020 | 11 | ||||
10/9/2020 | 10/21/2020 | 11 | ||||
11/27/2020 | 12/9/2020 | 11 | ||||
11/30/2020 | 12/10/2020 | 9 | ||||
12/1/2020 | 12/11/2020 | 9 | ||||
12/2/2020 | 12/14/2020 | 9 | ||||
12/3/2020 | 12/15/2020 | 9 | ||||
12/4/2020 | 12/16/2020 | 9 | ||||
12/7/2020 | 12/17/2020 | 9 | ||||
12/16/2020 | 12/28/2020 | 11 | ||||
12/17/2020 | 12/29/2020 | 11 | ||||
12/18/2020 | 12/30/2020 | 11 | ||||
12/21/2020 | 12/31/2020 | 10 |
Country | Trade Date | Settlement Date |
Number
of Days
to Settle |
|||
12/22/2020 | 1/4/2021 | 12 | ||||
12/23/2020 | 1/5/2021 | 12 | ||||
12/24/2020 | 1/6/2021 | 12 | ||||
Taiwan
|
1/23/2020 | 2/3/2020 | 10 | |||
Vietnam
|
1/31/2020 | 1/31/2020 | 8 | |||
2/3/2020 | 2/3/2020 | 10 |
* | These worst-case redemption cycles are based on information regarding regular holidays, which may be out of date. The proclamation of new holidays, the treatment by market participants of certain days as “informal holidays” (e.g., days on which no or limited securities transactions occur, as a result of substantially shortened trading hours), the elimination of existing holidays or changes in local securities delivery practices could affect the information set forth herein at some time in the future. Based on changes in holidays, longer (worse) redemption cycles are possible. |
Exhibit
Number |
Description | |||
(a) | (1) | (a) | Amended and Restated Declaration of Trust of the Registrant. (1) | |
(b) | Amendment No. 1 to the Amended and Restated Declaration of Trust. (2) | |||
(b) | Amended and Restated By-Laws of the Registrant as of June 4, 2018. (3) | |||
(c) | Not applicable. | |||
(d) | (1) | (a) | Amended and Restated Investment Advisory Agreement between the Registrant and Invesco Capital Management LLC, for unitary fee funds. (4) | |
(b) | Schedule A (as of April 20, 2019) to Amended and Restated Investment Advisory Agreement between the Registrant and Invesco Capital Management LLC, for unitary fee funds. (5) | |||
(2) | (a) | Investment Advisory Agreement between the Registrant and Invesco Capital Management LLC, for non-unitary fee funds. (6) | ||
(b) | Schedule A (as of April 30, 2019) to Investment Advisory Agreement between the Registrant and Invesco Capital Management LLC, for non-unitary fee funds. (5) | |||
(3) | (a) | Investment Sub-Advisory Agreement by and among Invesco Capital Management LLC and the Sub-Advisers. (7) | ||
(b) | Schedule A (as of April 20, 2019) for Investment Sub-Advisory Agreement by and among Investment Capital Management LLC and the Sub-Advisers. (5) | |||
(c) | Acknowledgement and Waiver of Notice of Termination of Investment Sub-Advisory Agreement between Invesco Capital Management LLC and Invesco Australia Limited dated January 14, 2015. (8) | |||
(4) | (a) | Amended and Restated Excess Expense Agreement between the Registrant and Invesco Capital Management LLC. (9) | ||
(b) | Schedule A dated April 11, 2019, to Amended and Restated Excess Expense Agreement between the Registrant and Invesco Capital Management LLC. (10) | |||
(5) | Management Services Agreement between the Registrant and Invesco Capital Management LLC. (11) | |||
(6) | (a) | Memorandum of Agreement between Adviser and Registrant (as of April 11, 2019). (10) | ||
(b) | Memorandum of Agreement Exhibit A for Schedule of Funds (as of December 12, 2019). (*) | |||
(7) | (a) | Management Fee Waiver Agreement (as of April 30, 2013). (12) | ||
(b) | Schedule A to Management Fee Waiver Agreement (as of April 20, 2019). (3) | |||
(8) | (a) | Management Fee Waiver Agreement (as of December 19, 2017). (9) | ||
(b) | Schedule A to Management Fee Waiver Agreement (as of December 12, 2018). (10) | |||
(e) | (1) | (a) | Amended and Restated Master Distribution Agreement between the Registrant and Invesco Distributors, Inc. (4) | |
(b) | Schedule A dated April 20, 2019 for Amended and Restated Master Distribution Agreement between the Registrant and Invesco Distributors, Inc. (5) | |||
(f) | Not applicable. | |||
(g) | (1) | (a) | Custody Agreement with Schedule I (as of September 17, 2018) between Registrant and The Bank of New York Mellon. (13) | |
(b) | Schedule I (as of December 12, 2019) for Custody Agreement between Registrant and The Bank of New York Mellon. (*) |
Exhibit
Number |
Description | |||
(2) | Foreign Custody Manager Agreement between Registrant and The Bank of New York Mellon. (14) | |||
(h) | (1) | (a) | Fund Administration and Accounting Agreement (as of September 17, 2018) between Registrant and The Bank of New York Mellon. (15) | |
(b) | Amendment A to Exhibit A (as of December 12, 2019) for Fund Administration and Accounting Agreement between Registrant and The Bank of New York Mellon. (*) | |||
(2) | (a) | Amended and Restated Transfer Agency and Service Agreement between Registrant and The Bank of New York Mellon. (4) | ||
(b) | Exhibit D (as of December 12, 2019) to the Amended and Restated Transfer Agency and Service Agreement between Registrant and The Bank of New York Mellon. (*) | |||
(3) | Form of Participant Agreement between Invesco Distributors, Inc., the Bank of New York Mellon, and the Participant. (16) | |||
(4) | Form of Sublicense Agreement between the Registrant and Invesco Capital Management LLC. (17) | |||
(i) | Consent of Counsel – None. | |||
(j) | Consent of PricewaterhouseCoopers LLP, Independent Registered Public Accounting Firm. (*) | |||
(k) | Not applicable. | |||
(l) | Not applicable. | |||
(m) | Not applicable. | |||
(n) | Not applicable. | |||
(o) | Not applicable. | |||
(p) | (1) | Code of Ethics adopted by the Invesco Family of ETFs. (18) | ||
(2) | Code of Ethics adopted by Invesco investment advisers and distributor. (19) | |||
(q) | (1) | Powers of Attorney for Messrs. Bagge, Barre, Carome, Kole, Lim, Wicker and Wilson. (2) | ||
(2) | Powers of Attorney for Mses. Herget and Pace and Admiral Giambastiani. (5) |
(1) | Incorporated by reference to Post-Effective Amendment No. 7, filed on September 18, 2007. |
(2) | Incorporated by reference to Post-Effective Amendment No. 707, filed on December 28, 2018. |
(3) | Incorporated by reference to Post-Effective Amendment No. 731, filed on October 25, 2019. |
(4) | Incorporated by reference to Post-Effective Amendment No. 612, filed on July 3, 2017. |
(5) | Incorporated by reference to Post-Effective Amendment No. 724, filed on June 20, 2019. |
(6) | Incorporated by reference to Post-Effective Amendment No. 683, filed on May 11, 2018. |
(7) | Incorporated by reference to Post-Effective Amendment No. 579, filed on January 6, 2017. |
(8) | Incorporated by reference to Post-Effective Amendment No. 475, filed on February 26, 2015. |
(9) | Incorporated by reference to Post-Effective Amendment No. 382 to the Invesco Actively Managed Exchange-Traded Fund Trust’s Registration Statement filed on December 27, 2018. |
(10) | Incorporated by reference to Post-Effective Amendment No. 41 to the Invesco Exchange-Traded Self-Indexed Fund Trust’s Registration Statement on Form N-1A, filed on May 16, 2019. |
(11) | Incorporated by reference to Post-Effective Amendment No. 425, filed on October 25, 2013. |
(12) | Incorporated by reference to Post-Effective Amendment No. 415, filed on June 7, 2013. |
(13) | Incorporated by reference to Post-Effective Amendment No. 26 to the Invesco Exchange-Traded Self-Indexed Fund Trust’s Registration Statement on Form N-1A, filed on November 21, 2018. |
(14) | Incorporated by reference to Post-Effective Amendment No. 390, filed on February 27, 2013. |
(15) | Incorporated by reference to Post-Effective Amendment No. 272 to the Invesco Exchange-Traded Fund Trust’s Registration Statement on Form N-1A, filed on October 24, 2018. |
(16) | Incorporated by reference to Post-Effective Amendment No. 8 to the Invesco Exchange-Traded Self-Indexed Fund Trust’s Registration Statement on Form N-1A, filed on July 5, 2018. |
(17) | Incorporated by reference to Post-Effective Amendment No. 611, filed on June 16, 2017. |
(18) | Incorporated by reference to Post-Effective Amendment No. 19 to the Invesco Exchange-Traded Self-Indexed Fund Trust’s Registration Statement on Form N-1A, filed on September 27, 2018. |
(19) | Incorporated by reference to Post-Effective Amendment No. 734, filed on December 19, 2019. |
* | Filed herewith. |
NAME
AND PRINCIPAL
BUSINESS ADDRESS* |
POSITIONS
AND OFFICES
WITH REGISTRANT |
POSITIONS
AND OFFICES
WITH UNDERWRITER |
||
Rocco Benedetto | None | Senior Vice President | ||
Paul Blease | None | Senior Vice President | ||
David Borrelli | None | Senior Vice President | ||
Ken Brodsky | None | Senior Vice President | ||
Daniel E. Draper | President & Principal Executive Officer | Senior Vice President | ||
George Fahey | None | Senior Vice President | ||
Jay Fortuna | None | Senior Vice President | ||
Mark W. Gregson | None | Chief Financial Officer | ||
Trisha B. Hancock | None | Senior Vice President | ||
Clint Harris | None | President |
NAME
AND PRINCIPAL
BUSINESS ADDRESS* |
POSITIONS
AND OFFICES
WITH REGISTRANT |
POSITIONS
AND OFFICES
WITH UNDERWRITER |
||
John Hoffman | None | Senior Vice President | ||
Eliot Honaker | None | Senior Vice President | ||
Brian Kiley | None | Senior Vice President | ||
Jeffrey H. Kupor | Chief Legal Officer | Secretary | ||
Annette Janecka Lege | None | Treasurer | ||
Brian Levitt | None | Senior Vice President | ||
John McDonough | None | Director & Chief Executive Officer | ||
Peter Mintzberg | None | Senior Vice President | ||
Clint Modler | None | Senior Vice President | ||
Kevin Neznek | None | Senior Vice President | ||
Tony Oh | None | Senior Vice President | ||
Adam Rochlin | None | Senior Vice President | ||
Benjamin Stewart | None | Senior Vice President | ||
Paul E. Temple | None | Senior Vice President | ||
Ben Utt | None | Executive Vice President | ||
Rohit Vohra | None | Senior Vice President | ||
Gary K. Wendler | None | Senior Vice President, Director, Marketing Research & Analysis | ||
Donna White | None | Senior Vice President & Chief Compliance Officer | ||
Crissie Wisdom | Anti-Money Laundering Compliance Officer | Anti-Money Laundering Compliance Officer | ||
John M. Zerr | None | Senior Vice President |
* | The principal business address for all directors and executive officers is Invesco Distributors, Inc., 11 Greenway Plaza, Suite 1000, Houston, Texas 77046-1173. |
(c) Not applicable. |
1. |
Invesco
Exchange-Traded Fund Trust II
3500 Lacey Road, Suite 700 Downers Grove, Illinois 60515 |
2. |
Invesco
Capital Management LLC
3500 Lacey Road, Suite 700 Downers Grove, Illinois 60515 |
3. |
The
Bank of New York Mellon
240 Greenwich Street New York, New York 10286 |
Invesco Exchange-Traded Fund Trust II | |
By: | /s/ Daniel E. Draper |
Daniel E. Draper | |
Title: | President |
SIGNATURE | TITLE | DATE | ||
/s/ Daniel E. Draper | President | February 28, 2020 | ||
Daniel E. Draper | ||||
/s/ Kelli Gallegos | Treasurer | February 28, 2020 | ||
Kelli Gallegos | ||||
/s/ Anna Paglia | Secretary | February 28, 2020 | ||
Anna Paglia | ||||
*/s/ Ronn R. Bagge | Trustee | February 28, 2020 | ||
Ronn R. Bagge | ||||
*/s/ Todd J. Barre | Vice Chairman and Trustee | February 28, 2020 | ||
Todd J. Barre | ||||
*/s/ Kevin M. Carome | Trustee | February 28, 2020 | ||
Kevin M. Carome | ||||
**/s/ Edmund P. Giambastiani, Jr. | Trustee | February 28, 2020 | ||
Edmund P. Giambastiani, Jr. | ||||
**/s/ Victoria J. Herget | Trustee | February 28, 2020 | ||
Victoria J. Herget | ||||
*/s/ Marc M. Kole | Trustee | February 28, 2020 | ||
Marc M. Kole | ||||
*/s/ Yung Bong Lim | Trustee | February 28, 2020 | ||
Yung Bong Lim | ||||
**/s/ Joanne Pace | Trustee | February 28, 2020 | ||
Joanne Pace | ||||
*/s/ Gary R. Wicker | Trustee | February 28, 2020 | ||
Gary R. Wicker | ||||
*/s/ Donald H. Wilson | Chairman and Trustee | February 28, 2020 | ||
Donald H. Wilson | ||||
*By: /s/ Anna Paglia | February 28, 2020 | |||
Anna Paglia | ||||
Attorney-In-Fact |
* | Anna Paglia signs pursuant to powers of attorney filed with Post-Effective Amendment No. 707 to the Trust’s Registration Statement and incorporated by reference herein. |
** | Anna Paglia signs pursuant to powers of attorney filed with Post-Effective Amendment No. 724 to the Trust’s Registration Statement and incorporated by reference herein. |
(d) (6) (b) | Memorandum of Agreement Exhibit A for Schedule of Funds (as of December 12, 2019) |
(g) (1) (b) | Schedule I (as of December 12, 2019) for Custody Agreement between Registrant and The Bank of New York Mellon |
(h) (1) (b) | Amendment A to Exhibit A (as of December 12, 2019) for Fund Administration and Accounting Agreement between Registrant and The Bank of New York Mellon |
(h) (2) (b) | Exhibit D (as of December 12, 2019) to the Amended and Restated Transfer Agency and Service Agreement between Registrant and The Bank of New York Mellon |
(j) | Consent of PricewaterhouseCoopers LLP, Independent Registered Public Accounting Firm |
EXHIBIT A
SCHEDULE OF FUNDS
(as of December 12, 2019)
INVESCO EXCHANGE-TRADED FUND TRUST
PORTFOLIO |
EFFECTIVE DATE |
EXPIRATION DATE |
||
Invesco Aerospace & Defense ETF | December 19, 2012 | August 31, 2021 | ||
Invesco BRIC ETF | December 19, 2017 | August 31, 2021 | ||
Invesco BuyBack Achievers ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Cleantech ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Dividend Achievers ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Dow Jones Industrial Average Dividend ETF | December 19, 2017 | August 31, 2021 | ||
Invesco DWA Momentum ETF | December 19, 2012 | August 31, 2021 | ||
Invesco DWA Basic Materials Momentum ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Dynamic Biotechnology & Genome ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Dynamic Building & Construction ETF | December 19, 2012 | August 31, 2021 | ||
Invesco DWA Consumer Cyclicals Momentum ETF | December 19, 2012 | August 31, 2021 | ||
Invesco DWA Consumer Staples Momentum ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Dynamic Energy Exploration & Production ETF | December 19, 2012 | August 31, 2021 | ||
Invesco DWA Energy Momentum ETF | December 19, 2012 | August 31, 2021 | ||
Invesco DWA Financial Momentum ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Dynamic Food & Beverage ETF | December 19, 2012 | August 31, 2021 | ||
Invesco DWA Healthcare Momentum ETF | December 19, 2012 | August 31, 2021 | ||
Invesco DWA Industrials Momentum ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Dynamic Large Cap Growth ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Dynamic Large Cap Value ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Dynamic Leisure and Entertainment ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Dynamic Market ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Dynamic Media ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Dynamic Networking ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Dynamic Oil & Gas Services ETF | December 19, 2012 | August 31, 2021 | ||
Invesco DWA NASDAQ Momentum ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Dynamic Pharmaceuticals ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Dynamic Retail ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Dynamic Semiconductors ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Dynamic Software ETF | December 19, 2012 | August 31, 2021 | ||
Invesco DWA Technology Momentum ETF | December 19, 2012 | August 31, 2021 | ||
Invesco DWA Utilities Momentum ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Financial Preferred ETF | December 19, 2012 | August 31, 2021 | ||
Invesco FTSE RAFI U.S. 1000 ETF | December 19, 2012 | August 31, 2021 | ||
Invesco FTSE RAFI U.S. 1500 Small-Mid ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Russell Top 200 Equal Weight ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Russell Top 200 Pure Growth ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Russell Top 200 Pure Value ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Russell Midcap Equal Weight ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Russell Midcap Pure Growth ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Russell Midcap Pure Value ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Russell 2000 Pure Growth ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Russell 2000 Pure Value ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Global Listed Private Equity ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Golden Dragon China ETF | December 19, 2012 | August 31, 2021 | ||
Invesco High Yield Equity Dividend Achievers ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Insider Sentiment ETF | December 19, 2017 | August 31, 2021 | ||
Invesco International Dividend Achievers ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Zacks Mid-Cap ETF | December 19, 2017 | August 31, 2021 | ||
Invesco Zacks Multi-Asset Income ETF | December 19, 2017 | August 31, 2021 | ||
Invesco NASDAQ Internet ETF | December 19, 2012 | August 31, 2021 |
1
Invesco Raymond James SB-1 Equity ETF | December 19, 2017 | August 31, 2021 | ||
Invesco S&P MidCap 400® Equal Weight ETF | December 19, 2017 | August 31, 2021 | ||
Invesco S&P MidCap 400® Pure Growth ETF | December 19, 2017 | August 31, 2021 | ||
Invesco S&P MidCap 400® Pure Value ETF | December 19, 2017 | August 31, 2021 | ||
Invesco S&P 500 BuyWrite Portfolio | December 19, 2012 | August 31, 2021 | ||
Invesco S&P 500® Equal Weight Communication Services ETF | September 21, 2018 | August 31, 2021 | ||
Invesco S&P 500® Equal Weight Consumer Discretionary ETF | December 19, 2017 | August 31, 2021 | ||
Invesco S&P 500® Equal Weight Consumer Staples ETF | December 19, 2017 | August 31, 2021 | ||
Invesco S&P 500® Equal Weight Energy ETF | December 19, 2017 | August 31, 2021 | ||
Invesco S&P 500® Equal Weight ETF | December 19, 2017 | August 31, 2021 | ||
Invesco S&P 500® Equal Weight Financials ETF | December 19, 2017 | August 31, 2021 | ||
Invesco S&P 500® Equal Weight Health Care ETF | December 19, 2017 | August 31, 2021 | ||
Invesco S&P 500® Equal Weight Industrials ETF | December 19, 2017 | August 31, 2021 | ||
Invesco S&P 500® Equal Weight Materials ETF | December 19, 2017 | August 31, 2021 | ||
Invesco S&P 500® Equal Weight Real Estate ETF | December 19, 2017 | August 31, 2021 | ||
Invesco S&P 500® Equal Weight Technology ETF | December 19, 2017 | August 31, 2021 | ||
Invesco S&P 500® Equal Weight Utilities ETF | December 19, 2017 | August 31, 2021 | ||
Invesco S&P 500® Pure Growth ETF | December 19, 2017 | August 31, 2021 | ||
Invesco S&P 500® Pure Value ETF | December 19, 2017 | August 31, 2021 | ||
Invesco S&P 500® Top 50 ETF | December 19, 2017 | August 31, 2021 | ||
Invesco S&P 500® Quality ETF | December 19, 2012 | August 31, 2021 | ||
Invesco S&P SmallCap 600® Equal Weight ETF | December 19, 2017 | August 31, 2021 | ||
Invesco S&P SmallCap 600® Pure Growth ETF | December 19, 2017 | August 31, 2021 | ||
Invesco S&P SmallCap 600® Pure Value ETF | December 19, 2017 | August 31, 2021 | ||
Invesco S&P Spin-Off ETF | December 19, 2017 | August 31, 2021 | ||
Invesco Water Resources ETF | December 19, 2012 | August 31, 2021 | ||
Invesco WilderHill Clean Energy ETF | December 19, 2012 | August 31, 2021 |
INVESCO EXCHANGE-TRADED FUND TRUST II
PORTFOLIO |
EFFECTIVE DATE |
EXPIRATION DATE |
||
Invesco 1-30 Laddered Treasury ETF | December 19, 2012 | August 31, 2021 | ||
Invesco California AMT-Free Municipal Bond ETF | December 19, 2012 | August 31, 2021 | ||
Invesco CEF Income Composite ETF | December 19, 2012 | August 31, 2021 | ||
Invesco China Real Estate ETF | December 19, 2017 | August 31, 2021 | ||
Invesco China Small Cap ETF | December 19, 2017 | August 31, 2021 | ||
Invesco China Technology ETF | December 19, 2017 | August 31, 2021 | ||
Invesco DWA Developed Markets Momentum ETF | December 19, 2012 | August 31, 2021 | ||
Invesco DWA Emerging Markets Momentum ETF | December 19, 2012 | August 31, 2021 | ||
Invesco DWA Small Cap Momentum ETF | December 19, 2012 | August 31, 2021 | ||
Invesco DWA Tactical Multi-Asset Income ETF | March 1, 2016 | August 31, 2021 | ||
Invesco DWA Tactical Sector Rotation ETF | September 24, 2015 | August 31, 2021 | ||
Invesco Emerging Markets Revenue ETF | December 12, 2018 | August 31, 2021 | ||
Invesco Emerging Markets Sovereign Debt ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Emerging Markets Ultra Dividend Revenue ETF | December 12, 2018 | August 31, 2021 | ||
Invesco Frontier Markets ETF | December 19, 2017 | August 31, 2021 | ||
Invesco FTSE RAFI Developed Markets ex-U.S. ETF | December 19, 2012 | August 31, 2021 | ||
Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF | December 19, 2012 | August 31, 2021 | ||
Invesco FTSE RAFI Emerging Markets ETF | December 19, 2012 | August 31, 2021 | ||
Invesco FTSE International Low Beta Equal Weight ETF | September 24, 2015 | August 31, 2021 | ||
Invesco Fundamental High Yield® Corporate Bond ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Fundamental Investment Grade Corporate Bond ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Global Clean Energy ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Global ESG Revenue ETF | December 12, 2018 | August 31, 2021 | ||
Invesco Global Revenue ETF | December 12, 2018 | August 31, 2021 | ||
Invesco Global Short Term High Yield Bond ETF | April 18, 2013 | August 31, 2021 | ||
Invesco Global Water ETF | December 19, 2012 | August 31, 2021 | ||
Invesco International BuyBack Achievers ETF | December 17, 2013 | August 31, 2021 |
2
Invesco International Corporate Bond ETF | December 19, 2012 | August 31, 2021 | ||
Invesco International Revenue ETF | December 12, 2018 | August 31, 2021 | ||
Invesco International Ultra Dividend Revenue ETF | December 12, 2018 | August 31, 2021 | ||
Invesco KBW Bank ETF | December 19, 2012 | August 31, 2021 | ||
Invesco KBW High Dividend Yield Financial ETF | December 19, 2012 | August 31, 2021 | ||
Invesco KBW Premium Yield Equity REIT ETF | December 19, 2012 | August 31, 2021 | ||
Invesco KBW Property & Casualty Insurance ETF | December 19, 2012 | August 31, 2021 | ||
Invesco KBW Regional Banking ETF | December 19, 2012 | August 31, 2021 | ||
Invesco LadderRite 0-5 Year Corporate Bond ETF | April 18, 2013 | August 31, 2021 | ||
Invesco MSCI Emerging Markets Equal Country Weight ETF | December 19, 2017 | August 31, 2021 | ||
Invesco MSCI Global Timber ETF | December 19, 2017 | August 31, 2021 | ||
Invesco National AMT-Free Municipal Bond ETF | December 19, 2012 | August 31, 2021 | ||
Invesco New York AMT-Free Municipal Bond ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Preferred ETF | December 19, 2012 | August 31, 2021 | ||
Invesco PureBeta FTSE Developed ex-North America ETF | June 27, 2017 | August 31, 2021 | ||
Invesco PureBeta FTSE Emerging Markets ETF | June 27, 2017 | August 31, 2021 | ||
Invesco PureBeta MSCI USA ETF | June 27, 2017 | August 31, 2021 | ||
Invesco PureBeta MSCI USA Small Cap ETF | June 27, 2017 | August 31, 2021 | ||
Invesco PureBeta US Aggregate Bond ETF | June 27, 2017 | August 31, 2021 | ||
Invesco PureBeta 0-5 Yr US TIPS ETF | June 27, 2017 | August 31, 2021 | ||
Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF | March 12, 2015 | August 31, 2021 | ||
Invesco Russell 1000 Enhanced Equal Weight ETF | June 27, 2017 | August 31, 2021 | ||
Invesco Russell 1000 Equal Weight ETF | December 18, 2014 | August 31, 2021 | ||
Invesco Russell 1000 Low Beta Equal Weight ETF | September 24, 2015 | August 31, 2021 | ||
Invesco Russell 1000® Low Volatility Factor ETF | December 12, 2018 | August 31, 2021 | ||
Invesco Russell 1000® Momentum Factor ETF | December 12, 2018 | August 31, 2021 | ||
Invesco Russell 1000® Quality Factor ETF | December 12, 2018 | August 31, 2021 | ||
Invesco Russell 1000® Size Factor ETF | December 12, 2018 | August 31, 2021 | ||
Invesco Russell 1000® Value Factor ETF | December 12, 2018 | August 31, 2021 | ||
Invesco Russell 1000® Yield Factor ETF | December 12, 2018 | August 31, 2021 | ||
Invesco Shipping ETF | December 19, 2017 | August 31, 2021 | ||
Invesco Solar ETF | December 19, 2017 | August 31, 2021 | ||
Invesco S&P 500® High Beta ETF | December 19, 2012 | August 31, 2021 | ||
Invesco S&P 500® High Dividend Low Volatility ETF | December 19, 2012 | August 31, 2021 | ||
Invesco S&P 500® Low Volatility ETF | December 19, 2012 | August 31, 2021 | ||
Invesco S&P 500 Minimum Variance ETF | June 27, 2017 | August 31, 2021 | ||
Invesco S&P 500 Momentum ETF | June 23, 2015 | August 31, 2021 | ||
Invesco S&P 500 Enhanced Value ETF | June 23, 2015 | August 31, 2021 | ||
Invesco S&P 500 Revenue ETF | December 12, 2018 | August 31, 2021 | ||
Invesco S&P Emerging Markets Momentum ETF | December 19, 2012 | August 31, 2021 | ||
Invesco S&P Emerging Markets Low Volatility ETF | December 19, 2012 | August 31, 2021 | ||
Invesco S&P Financials Revenue ETF | December 12, 2018 | August 31, 2021 | ||
Invesco S&P Global Dividend Opportunities Index ETF | December 19, 2017 | August 31, 2021 | ||
Invesco S&P Global Water Index ETF | December 19, 2017 | August 31, 2021 | ||
Invesco S&P High Income Infrastructure ETF | December 19, 2017 | August 31, 2021 | ||
Invesco S&P International Developed High Dividend Low Volatility ETF | September 29, 2016 | August 31, 2021 | ||
Invesco S&P International Developed Low Volatility ETF | December 19, 2012 | August 31, 2021 | ||
Invesco S&P International Developed Momentum ETF | December 19, 2012 | August 31, 2021 | ||
Invesco S&P International Developed Quality ETF | December 19, 2012 | August 31, 2021 | ||
Invesco S&P MidCap 400 Revenue ETF | December 12, 2018 | August 31, 2021 | ||
Invesco S&P MidCap Low Volatility ETF | December 19, 2012 | August 31, 2021 | ||
Invesco S&P SmallCap 600 Revenue ETF | December 12, 2018 | August 31, 2021 | ||
Invesco S&P SmallCap Consumer Discretionary ETF | December 19, 2012 | August 31, 2021 | ||
Invesco S&P SmallCap Consumer Staples ETF | December 19, 2012 | August 31, 2021 | ||
Invesco S&P SmallCap Energy ETF | December 19, 2012 | August 31, 2021 | ||
Invesco S&P SmallCap Health Care ETF | December 19, 2012 | August 31, 2021 | ||
Invesco S&P SmallCap High Dividend Low Volatility ETF | September 29, 2016 | August 31, 2021 | ||
Invesco S&P SmallCap Industrials ETF | December 19, 2012 | August 31, 2021 |
3
Invesco S&P SmallCap Information Technology ETF | December 19, 2012 | August 31, 2021 | ||
Invesco S&P SmallCap Low Volatility ETF | December 19, 2012 | August 31, 2021 | ||
Invesco S&P SmallCap Materials ETF | December 19, 2012 | August 31, 2021 | ||
Invesco S&P SmallCap Quality ETF | March 7, 2017 | August 31, 2021 | ||
Invesco S&P SmallCap Utilities & Communication Services ETF | December 19, 2012 | August 31, 2021 | ||
Invesco S&P Ultra Dividend Revenue ETF | December 12, 2018 | August 31, 2021 | ||
Invesco Senior Loan ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Taxable Municipal Bond ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Treasury Collateral ETF | September 29, 2016 | August 31, 2021 | ||
Invesco Variable Rate Preferred ETF | March 4, 2014 | August 31, 2021 | ||
Invesco VRDO Tax-Free Weekly ETF | December 19, 2012 | August 31, 2021 |
INVESCO ACTIVELY MANAGED EXCHANGE-TRADED FUND TRUST
PORTFOLIO |
EFFECTIVE DATE |
EXPIRATION DATE |
||
Invesco Active U.S. Real Estate Fund | December 19, 2012 | August 31, 2021 | ||
Invesco Balanced Multi-Asset Allocation ETF | December 15, 2016 | August 31, 2021 | ||
Invesco Conservative Multi-Asset Allocation ETF | December 15, 2016 | August 31, 2021 | ||
Invesco Corporate Bond Factor ETF | December 12, 2019 | August 31, 2021 | ||
Invesco Growth Multi-Asset Allocation ETF | December 15, 2016 | August 31, 2021 | ||
Invesco High Yield Bond Factor ETF | December 12, 2019 | August 31, 2021 | ||
Invesco Intermediate Bond Factor ETF | December 12, 2019 | August 31, 2021 | ||
Invesco Moderately Conservative Multi-Asset Allocation ETF | December 15, 2016 | August 31, 2021 | ||
Invesco Multi-Sector Bond Income Factor ETF | December 12, 2019 | August 31, 2021 | ||
Invesco S&P 500® Downside Hedged ETF | December 19, 2012 | August 31, 2021 | ||
Invesco Short-Term Bond Factor ETF | December 12, 2019 | August 31, 2021 | ||
Invesco Total Return Bond ETF | December 19, 2017 | August 31, 2021 | ||
Invesco Ultra Short Duration ETF | December 19, 2017 | August 31, 2021 | ||
Invesco Variable Rate Investment Grade ETF | December 17, 2015 | August 31, 2021 |
INVESCO ACTIVELY MANAGED EXCHANGE-TRADED COMMODITY FUND TRUST
PORTFOLIO |
EFFECTIVE DATE |
EXPIRATION DATE |
||
Invesco Agriculture Commodity Strategy No K-1 ETF | March 7, 2017 | August 31, 2021 | ||
Invesco Base Metals Commodity Strategy No K-1 ETF | March 7, 2017 | August 31, 2021 | ||
Invesco Bloomberg Commodity Strategy ETF | September 25, 2014 | August 31, 2021 | ||
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | September 25, 2014 | August 31, 2021 | ||
Invesco Energy Commodity Strategy No K-1 ETF | March 7, 2017 | August 31, 2021 |
INVESCO EXCHANGE-TRADED SELF-INDEXED FUND TRUST
PORTFOLIO |
EFFECTIVE DATE |
EXPIRATION DATE |
||
Invesco BulletShares 2019 Corporate Bond ETF | December 19, 2017 | August 31, 2021 | ||
Invesco BulletShares 2019 High Yield Corporate Bond ETF | December 19, 2017 | August 31, 2021 | ||
Invesco BulletShares 2020 Corporate Bond ETF | December 19, 2017 | August 31, 2021 | ||
Invesco BulletShares 2020 High Yield Corporate Bond ETF | December 19, 2017 | August 31, 2021 | ||
Invesco BulletShares 2021 Corporate Bond ETF | December 19, 2017 | August 31, 2021 | ||
Invesco BulletShares 2021 High Yield Corporate Bond ETF | December 19, 2017 | August 31, 2021 | ||
Invesco BulletShares 2022 Corporate Bond ETF | December 19, 2017 | August 31, 2021 | ||
Invesco BulletShares 2022 High Yield Corporate Bond ETF | December 19, 2017 | August 31, 2021 | ||
Invesco BulletShares 2023 Corporate Bond ETF | December 19, 2017 | August 31, 2021 | ||
Invesco BulletShares 2023 High Yield Corporate Bond ETF | December 19, 2017 | August 31, 2021 | ||
Invesco BulletShares 2024 Corporate Bond ETF | December 19, 2017 | August 31, 2021 | ||
Invesco BulletShares 2024 High Yield Corporate Bond ETF | December 19, 2017 | August 31, 2021 | ||
Invesco BulletShares 2025 Corporate Bond ETF | December 19, 2017 | August 31, 2021 | ||
Invesco BulletShares 2025 High Yield Corporate Bond ETF | December 19, 2017 | August 31, 2021 | ||
Invesco BulletShares 2026 High Yield Corporate Bond ETF | June 14, 2018 | August 31, 2021 | ||
Invesco BulletShares 2027 High Yield Corporate Bond ETF | June 20, 2019 | August 31, 2021 | ||
Invesco BulletShares 2026 Corporate Bond ETF | December 19, 2017 | August 31, 2021 | ||
Invesco BulletShares 2027 Corporate Bond ETF | December 19, 2017 | August 31, 2021 |
4
Invesco BulletShares 2028 Corporate Bond ETF | June 14, 2018 | August 31, 2021 | ||
Invesco BulletShares 2029 Corporate Bond ETF | June 20, 2019 | August 31, 2021 | ||
Invesco BulletShares 2021 USD Emerging Markets Debt ETF | June 14, 2018 | August 31, 2021 | ||
Invesco BulletShares 2022 USD Emerging Markets Debt ETF | June 14, 2018 | August 31, 2021 | ||
Invesco BulletShares 2023 USD Emerging Markets Debt ETF | June 14, 2018 | August 31, 2021 | ||
Invesco BulletShares 2024 USD Emerging Markets Debt ETF | June 14, 2018 | August 31, 2021 | ||
Invesco BulletShares 2025 USD Emerging Markets Debt ETF | June 20, 2019 | August 31, 2021 | ||
Invesco BulletShares 2020 Municipal Bond ETF | December 13, 2018 | August 31, 2021 | ||
Invesco BulletShares 2021 Municipal Bond ETF | December 13, 2018 | August 31, 2021 | ||
Invesco BulletShares 2022 Municipal Bond ETF | December 13, 2018 | August 31, 2021 | ||
Invesco BulletShares 2023 Municipal Bond ETF | December 13, 2018 | August 31, 2021 | ||
Invesco BulletShares 2024 Municipal Bond ETF | December 13, 2018 | August 31, 2021 | ||
Invesco BulletShares 2025 Municipal Bond ETF | December 13, 2018 | August 31, 2021 | ||
Invesco BulletShares 2026 Municipal Bond ETF | December 13, 2018 | August 31, 2021 | ||
Invesco BulletShares 2027 Municipal Bond ETF | December 13, 2018 | August 31, 2021 | ||
Invesco BulletShares 2028 Municipal Bond ETF | December 13, 2018 | August 31, 2021 | ||
Invesco BulletShares 2029 Municipal Bond ETF | June 20, 2019 | August 31, 2021 | ||
Invesco BulletShares 2030 Municipal Bond ETF | June 20, 2019 | August 31, 2021 | ||
Invesco Defensive Equity ETF | December 19, 2017 | August 31, 2021 | ||
Invesco Emerging Markets Debt Defensive ETF | June 14, 2018 | August 31, 2021 | ||
Invesco Emerging Markets Debt Value ETF | June 14, 2018 | August 31, 2021 | ||
Invesco ESG Revenue ETF | December 12, 2018 | August 31, 2021 | ||
Invesco Corporate Income Defensive ETF | June 14, 2018 | August 31, 2021 | ||
Invesco Corporate Income Value ETF | June 14, 2018 | August 31, 2021 | ||
Invesco Investment Grade Defensive ETF | June 14, 2018 | August 31, 2021 | ||
Invesco Investment Grade Value ETF | June 14, 2018 | August 31, 2021 | ||
Invesco Multi-Factor Core Fixed Income ETF | June 14, 2018 | August 31, 2021 | ||
Invesco Multi-Factor Core Plus Fixed Income ETF | June 14, 2018 | August 31, 2021 | ||
Invesco Multi-Factor Defensive Core Fixed Income ETF | September 21, 2018 | August 31, 2021 | ||
Invesco Multi-Factor Income ETF | September 21, 2018 | August 31, 2021 | ||
Invesco Russell 1000® Dynamic Multifactor ETF | December 12, 2018 | August 31, 2021 | ||
Invesco Russell 2000® Dynamic Multifactor ETF | December 12, 2018 | August 31, 2021 | ||
Invesco RAFITM Strategic US ETF | June 14, 2018 | August 31, 2021 | ||
Invesco RAFITM Strategic US Small Company ETF | June 14, 2018 | August 31, 2021 | ||
Invesco RAFITM Strategic Developed ex-US ETF | June 14, 2018 | August 31, 2021 | ||
Invesco RAFITM Strategic Developed ex-US Small Company ETF | June 14, 2018 | August 31, 2021 | ||
Invesco RAFITM Strategic Emerging Markets ETF | June 14, 2018 | August 31, 2021 |
INVESCO INDIA EXCHANGE-TRADED FUND TRUST
PORTFOLIO |
EFFECTIVE DATE |
EXPIRATION DATE |
||
Invesco India ETF | April 11, 2019 | August 31, 2021 |
[Signature page follows]
5
INVESCO EXCHANGE-TRADED FUND TRUST
INVESCO EXCHANGE-TRADED FUND TRUST II
INVESCO ACTIVELY MANAGED EXCHANGE-TRADED FUND TRUST
INVESCO ACTIVELY MANAGED EXCHANGE-TRADED COMMODITY FUND TRUST
INVESCO EXCHANGE-TRADED SELF-INDEXED FUND TRUST
INVESCO INDIA EXCHANGE-TRADED FUND TRUST
By: |
/s/ Daniel E. Draper |
Name: |
Daniel E. Draper |
|
Title: |
Principal Executive Officer & President |
INVESCO CAPITAL MANAGEMENT LLC
By: |
/s/ Daniel E. Draper |
Name: | Daniel E. Draper | |
Title: | Managing Director - Global Invesco ETFs |
6
SCHEDULE I
AMENDED AND RESTATED SCHEDULE OF SERIES
The undersigned hereby certifies that he is an authorized signer of each Invesco trust listed herein, and that the following funds are included under the Custody Agreement dated September 17, 2018, by and between such trusts and the Bank of New York Mellon.
December 12, 2019
Invesco Exchange-Traded Fund Trust
1. | Invesco Aerospace & Defense ETF | |
2. | Invesco BRIC ETF | |
3. | Invesco BuyBack AchieversTM ETF | |
4. | Invesco Cleantech ETF | |
5. | Invesco Dividend AchieversTM ETF | |
6. | Invesco Dow Jones Industrial Average Dividend ETF | |
7. | Invesco DWA Momentum ETF | |
8. | Invesco DWA Basic Materials Momentum ETF | |
9. | Invesco Dynamic Biotechnology & Genome ETF | |
10. | Invesco Dynamic Building & Construction ETF | |
11. | Invesco DWA Consumer Cyclicals Momentum ETF | |
12. | Invesco DWA Consumer Staples Momentum ETF | |
13. | Invesco Dynamic Energy Exploration & Production ETF | |
14. | Invesco DWA Energy Momentum ETF | |
15. | Invesco DWA Financial Momentum ETF | |
16. | Invesco Dynamic Food & Beverage ETF | |
17. | Invesco DWA Healthcare Momentum ETF | |
18. | Invesco DWA Industrials Momentum ETF | |
19. | Invesco Dynamic Large Cap Growth ETF | |
20. | Invesco Russell Top 200 Equal Weight ETF | |
21. | Invesco Dynamic Large Cap Value ETF | |
22. | Invesco Dynamic Leisure and Entertainment ETF | |
23. | Invesco Dynamic Market ETF | |
24. | Invesco Dynamic Media ETF | |
25. | Invesco Russell Midcap Pure Growth ETF | |
26. | Invesco Russell Midcap Equal Weight ETF | |
27. | Invesco Russell Midcap Pure Value ETF | |
28. | Invesco Dynamic Networking ETF | |
29. | Invesco Dynamic Oil & Gas Services ETF | |
30. | Invesco DWA NASDAQ Momentum ETF | |
31. | Invesco Dynamic Pharmaceuticals ETF | |
32. | Invesco Dynamic Retail ETF | |
33. | Invesco Dynamic Semiconductors ETF | |
34. | Invesco Russell 2000 Pure Growth ETF | |
35. | Invesco Russell 2000 Pure Value ETF | |
36. | Invesco Dynamic Software ETF | |
37. | Invesco DWA Technology Momentum ETF | |
38. | Invesco DWA Utilities Momentum ETF | |
39. | Invesco Financial Preferred ETF | |
40. | Invesco FTSE RAFI US 1000 ETF | |
41. | Invesco FTSE RAFI US 1500 Small-Mid ETF | |
42. | Invesco Russell Top 200 Pure Growth ETF | |
43. | Invesco Russell Top 200 Pure Value ETF | |
44. | Invesco Global Listed Private Equity ETF | |
45. | Invesco Golden Dragon China ETF | |
46. | Invesco High Yield Equity Dividend Achievers ETF |
47. | Invesco Insider Sentiment ETF | |
48. | Invesco International Dividend Achievers ETF | |
49. | Invesco Zacks Mid-Cap ETF | |
50. | Invesco Zacks Multi-Asset Income ETF | |
51. | Invesco NASDAQ Internet ETF | |
52. | Invesco Raymond James SB-1 Equity ETF | |
53. | Invesco S&P MidCap 400® Equal Weight ETF | |
54. | Invesco S&P MidCap 400® Pure Growth ETF | |
55. | Invesco S&P MidCap 400® Pure Value ETF | |
56. | Invesco S&P 500® BuyWrite ETF | |
57. | Invesco S&P 500® Equal Weight Communication Services ETF | |
58. | Invesco S&P 500® Equal Weight Consumer Discretionary ETF | |
59. | Invesco S&P 500® Equal Weight Consumer Staples ETF | |
60. | Invesco S&P 500® Equal Weight Energy ETF | |
61. | Invesco S&P 500® Equal Weight ETF | |
62. | Invesco S&P 500® Equal Weight Financials ETF | |
63. | Invesco S&P 500® Equal Weight Health Care ETF | |
64. | Invesco S&P 500® Equal Weight Industrials ETF | |
65. | Invesco S&P 500® Equal Weight Materials ETF | |
66. | Invesco S&P 500® Equal Weight Real Estate ETF | |
67. | Invesco S&P 500® Equal Weight Technology ETF | |
68. | Invesco S&P 500® Equal Weight Utilities ETF | |
69. | Invesco S&P 500® Pure Growth ETF | |
70. | Invesco S&P 500® Pure Value ETF | |
71. | Invesco S&P 500® Top 50 ETF | |
72. | Invesco S&P 500® Quality ETF | |
73. | Invesco S&P SmallCap 600® Equal Weight ETF | |
74. | Invesco S&P SmallCap 600® Pure Growth ETF | |
75. | Invesco S&P SmallCap 600® Pure Value ETF | |
76. | Invesco S&P Spin-Off ETF | |
77. | Invesco Water Resources ETF | |
78. | Invesco Wilderhill Clean Energy ETF |
Invesco Exchange-Traded Fund Trust II
1. | Invesco 1-30 Laddered Treasury ETF | |
2. | Invesco California AMT-Free Municipal Bond ETF | |
3. | Invesco CEF Income Composite ETF | |
4. | Invesco Contrarian Opportunities ETF | |
5. | Invesco China Real Estate ETF | |
6. | Invesco China Small Cap ETF | |
7. | Invesco China Technology ETF | |
8. | Invesco DWA Developed Markets Momentum ETF | |
9. | Invesco DWA Emerging Markets Momentum ETF | |
10. | Invesco DWA SmallCap Momentum ETF | |
11. | Invesco DWA Tactical Multi-Asset Income ETF | |
12. | Invesco DWA Tactical Sector Rotation ETF | |
13. | Invesco Emerging Markets Revenue ETF | |
14. | Invesco Emerging Markets Sovereign Debt ETF | |
15. | Invesco Emerging Markets Ultra Dividend Revenue ETF | |
16. | Invesco Frontier Markets ETF | |
17. | Invesco FTSE RAFI Developed Markets ex-U.S. ETF | |
18. | Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF | |
19. | Invesco FTSE RAFI Emerging Markets ETF | |
20. | Invesco FTSE International Low Beta Equal Weight ETF | |
21. | Invesco Fundamental High Yield® Corporate Bond ETF |
22. | Invesco Fundamental Investment Grade Corporate Bond ETF | |
23. | Invesco Global Clean Energy ETF | |
24. | Invesco Global ESG Revenue ETF | |
25. | Invesco Global Revenue ETF | |
26. | Invesco Global Short Term High Yield Bond ETF | |
27. | Invesco Global Water ETF | |
28. | Invesco International BuyBack AchieversTM ETF | |
29. | Invesco International Corporate Bond ETF | |
30. | Invesco International Revenue ETF | |
31. | Invesco International Ultra Dividend Revenue ETF | |
32. | Invesco Japan Currency Hedged Low Volatility ETF | |
33. | Invesco LadderRite 0-5 Year Corporate Bond ETF | |
34. | Invesco KBW Bank ETF | |
35. | Invesco KBW High Dividend Yield Financial ETF | |
36. | Invesco KBW Premium Yield Equity REIT ETF | |
37. | Invesco KBW Property & Casualty Insurance ETF | |
38. | Invesco KBW Regional Banking ETF | |
39. | Invesco MSCI Emerging Markets Equal Country Weight ETF | |
40. | Invesco MSCI Global Timber ETF | |
41. | Invesco National AMT-Free Municipal Bond ETF | |
42. | Invesco New York AMT-Free Municipal Bond ETF | |
43. | Invesco Preferred ETF | |
44. | Invesco PureBeta FTSE Developed ex-North America ETF | |
45. | Invesco PureBeta FTSE Emerging Markets ETF | |
46. | Invesco PureBeta MSCI USA ETF | |
47. | Invesco PureBeta MSCI USA Small Cap ETF | |
48. | Invesco PureBeta US Aggregate Bond ETF | |
49. | Invesco PureBeta 0-5 Yr US TIPS ETF | |
50. | Invesco Russell 1000 Enhanced Equal Weight ETF | |
51. | Invesco Russell 1000 Equal Weight ETF | |
52. | Invesco Russell 1000 Low Beta Equal Weight ETF | |
53. | Invesco Russell 1000® Low Volatility Factor ETF | |
54. | Invesco Russell 1000® Momentum Factor ETF | |
55. | Invesco Russell 1000® Quality Factor ETF | |
56. | Invesco Russell 1000® Size Factor ETF | |
57. | Invesco Russell 1000® Value Factor ETF | |
58. | Invesco Russell 1000® Yield Factor ETF | |
59. | Invesco Shipping ETF | |
60. | Invesco Solar ETF | |
61. | Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF | |
62. | Invesco S&P 500® High Beta ETF | |
63. | Invesco S&P 500® High Dividend Low Volatility ETF | |
64. | Invesco S&P 500® Low Volatility ETF | |
65. | Invesco S&P 500 Enhanced Value ETF | |
66. | Invesco S&P 500 Minimum Variance ETF | |
67. | Invesco S&P 500 Momentum ETF | |
68. | Invesco S&P 500 Revenue ETF | |
69. | Invesco S&P Emerging Markets Momentum ETF | |
70. | Invesco S&P Emerging Markets Low Volatility ETF | |
71. | Invesco S&P Financials Revenue ETF | |
72. | Invesco S&P Global Dividend Opportunities Index ETF | |
73. | Invesco S&P Global Water Index ETF | |
74. | Invesco S&P High Income Infrastructure ETF | |
75. | Invesco S&P International Developed High Dividend Low Volatility ETF | |
76. | Invesco S&P International Developed Momentum ETF | |
77. | Invesco S&P International Developed Low Volatility ETF |
78. | Invesco S&P International Developed Quality ETF | |
79. | Invesco S&P MidCap Low Volatility ETF | |
80. | Invesco S&P MidCap 400 Revenue ETF | |
81. | Invesco S&P SmallCap 600 Revenue ETF | |
82. | Invesco S&P SmallCap Consumer Discretionary ETF | |
83. | Invesco S&P SmallCap Consumer Staples ETF | |
84. | Invesco S&P SmallCap Energy ETF | |
85. | Invesco S&P SmallCap Financials ETF | |
86. | Invesco S&P SmallCap Health Care ETF | |
87. | Invesco S&P SmallCap High Dividend Low Volatility ETF | |
88. | Invesco S&P SmallCap Industrials ETF | |
89. | Invesco S&P SmallCap Information Technology ETF | |
90. | Invesco S&P SmallCap Low Volatility ETF | |
91. | Invesco S&P SmallCap Materials ETF | |
92. | Invesco S&P SmallCap Quality ETF | |
93. | Invesco S&P SmallCap Utilities & Communication Services ETF | |
94. | Invesco S&P Ultra Dividend Revenue ETF | |
95. | Invesco Senior Loan ETF | |
96. | Invesco Taxable Municipal Bond ETF | |
97. | Invesco Treasury Collateral ETF | |
98. | Invesco Variable Rate Preferred ETF | |
99. | Invesco VRDO Tax-Free Weekly ETF |
Invesco Actively Managed Exchange-Traded Fund Trust
1. | Invesco Active U.S. Real Estate Fund | |
2. | Invesco Balanced Multi-Asset Allocation ETF | |
3. | Invesco Conservative Multi-Asset Allocation ETF | |
4. | Invesco Corporate Bond Factor ETF | |
5. | Invesco Growth Multi-Asset Allocation ETF | |
6. | Invesco High Yield Bond Factor ETF | |
7. | Invesco Intermediate Bond Factor ETF | |
8. | Invesco Moderately Conservative Multi-Asset Allocation ETF | |
9. | Invesco Multi-Sector Bond Income Factor ETF | |
10. | Invesco S&P 500® Downside Hedged ETF | |
11. | Invesco Short-Term Bond Factor ETF | |
12. | Invesco Total Return Bond ETF | |
13. | Invesco Ultra Short Duration ETF | |
14. | Invesco Variable Rate Investment Grade ETF |
Invesco Actively Managed Exchange-Traded Commodity Fund Trust
1. | Invesco Agriculture Commodity Strategy No K-1 ETF | |
2. | Invesco Base Metals Commodity Strategy No K-1 ETF | |
3. | Invesco Bloomberg Commodity Strategy ETF | |
4. | Invesco Optimum Yield Diversified Commodity Strategy No K-1ETF | |
5. | Invesco Energy Commodity Strategy No K-1 ETF |
Invesco India Exchange-Traded Fund Trust
1. | Invesco India ETF |
Invesco Exchange-Traded Self-Indexed Fund Trust
1. | Invesco BulletShares 2019 Corporate Bond ETF | |
2. | Invesco BulletShares 2019 High Yield Corporate Bond ETF | |
3. | Invesco BulletShares 2020 Corporate Bond ETF | |
4. | Invesco BulletShares 2020 High Yield Corporate Bond ETF | |
5. | Invesco BulletShares 2021 Corporate Bond ETF | |
6. | Invesco BulletShares 2021 High Yield Corporate Bond ETF |
7. | Invesco BulletShares 2022 Corporate Bond ETF | |
8. | Invesco BulletShares 2022 High Yield Corporate Bond ETF | |
9. | Invesco BulletShares 2023 Corporate Bond ETF | |
10. | Invesco BulletShares 2023 High Yield Corporate Bond ETF | |
11. | Invesco BulletShares 2024 Corporate Bond ETF | |
12. | Invesco BulletShares 2024 High Yield Corporate Bond ETF | |
13. | Invesco BulletShares 2025 Corporate Bond ETF | |
14. | Invesco BulletShares 2025 High Yield Corporate Bond ETF | |
15. | Invesco BulletShares 2026 High Yield Corporate Bond ETF | |
16. | Invesco BulletShares 2027 High Yield Corporate Bond ETF | |
17. | Invesco BulletShares 2026 Corporate Bond ETF | |
18. | Invesco BulletShares 2027 Corporate Bond ETF | |
19. | Invesco BulletShares 2028 Corporate Bond ETF | |
20. | Invesco BulletShares 2029 Corporate Bond ETF | |
21. | Invesco BulletShares 2021 USD Emerging Markets Debt ETF | |
22. | Invesco BulletShares 2022 USD Emerging Markets Debt ETF | |
23. | Invesco BulletShares 2023 USD Emerging Markets Debt ETF | |
24. | Invesco BulletShares 2024 USD Emerging Markets Debt ETF | |
25. | Invesco BulletShares 2025 USD Emerging Markets Debt ETF | |
26. | Invesco BulletShares 2020 Municipal Bond ETF | |
27. | Invesco BulletShares 2021 Municipal Bond ETF | |
28. | Invesco BulletShares 2022 Municipal Bond ETF | |
29. | Invesco BulletShares 2023 Municipal Bond ETF | |
30. | Invesco BulletShares 2024 Municipal Bond ETF | |
31. | Invesco BulletShares 2025 Municipal Bond ETF | |
32. | Invesco BulletShares 2026 Municipal Bond ETF | |
33. | Invesco BulletShares 2027 Municipal Bond ETF | |
34. | Invesco BulletShares 2028 Municipal Bond ETF | |
35. | Invesco BulletShares 2029 Municipal Bond ETF | |
36. | Invesco BulletShares 2030 Municipal Bond ETF | |
37. | Invesco Defensive Equity ETF | |
38. | Invesco Emerging Markets Debt Defensive ETF | |
39. | Invesco Emerging Markets Debt Value ETF | |
40. | Invesco ESG Revenue ETF | |
41. | Invesco Corporate Income Defensive ETF | |
42. | Invesco Corporate Income Value ETF | |
43. | Invesco Investment Grade Defensive ETF | |
44. | Invesco Investment Grade Value ETF | |
45. | Invesco Multi-Factor Core Fixed Income ETF | |
46. | Invesco Multi-Factor Core Plus Fixed Income ETF | |
47. | Invesco Multi-Factor Defensive Core Fixed Income ETF | |
48. | Invesco Multi-Factor Income ETF | |
49. | Invesco Russell 1000® Dynamic Multifactor ETF | |
50. | Invesco Russell 2000® Dynamic Multifactor ETF | |
51. | Invesco RAFITM Strategic US ETF | |
52. | Invesco RAFITM Strategic US Small Company ETF | |
53. | Invesco RAFITM Strategic Developed ex-US ETF | |
54. | Invesco RAFITM Strategic Developed ex-US Small Company ETF | |
55. | Invesco RAFITM Strategic Emerging Markets ETF |
[Signature page follows]
THE BANK OF NEW YORK MELLON | ||
By: |
/s/ Jonathan Hoyler |
|
(signature) | ||
Jonathan Hoyler |
||
(name) | ||
Vice Preident |
||
(title) |
INVESCO EXCHANGE-TRADED FUND TRUST | INVESCO ACTIVELY MANAGED EXCHANGE-TRADED COMMODITY FUND TRUST | |||||||
By: |
/s/ Daniel E. Draper |
By: |
/s/ Daniel E. Draper |
|||||
(signature) |
(signature) Daniel E. Draper |
|||||||
Daniel E. Draper | ||||||||
(name) | (name) | |||||||
Principal Executive Officer & President | Principal Executive Officer & President | |||||||
(title) | (title) | |||||||
INVESCO EXCHANGE-TRADED FUND TRUST II | INVESCO INDIA EXCHANGE-TRADED FUND TRUST | |||||||
By: |
/s/ Daniel E. Draper |
By: |
/s/ Daniel E. Draper |
|||||
(signature) | (signature) | |||||||
Daniel E. Draper | Daniel E. Draper | |||||||
(name) | (name) | |||||||
Principal Executive Officer & President | Principal Executive Officer & President | |||||||
(title) | (title) | |||||||
INVESCO ACTIVELY MANAGED EXCHANGE- TRADED FUND TRUST | INVESCO EXCHANGE-TRADED SELF-INDEXED FUND TRUST | |||||||
By: |
/s/ Daniel E. Draper |
By: |
/s/ Daniel E. Draper |
|||||
(signature) | (signature) | |||||||
Daniel E. Draper | Daniel E. Draper | |||||||
(name) | (name) | |||||||
Principal Executive Officer & President | Principal Executive Officer & President | |||||||
(title) | (title) |
AMENDMENT TO EXHIBIT A
SCHEDULE OF SERIES
The undersigned hereby certifies that he is an authorized signer of each Invesco trust listed herein, and that the following funds are included under the Fund Administration and Accounting Agreement dated September 17, 2018, and as subsequently amended, by and between the Trust and the Bank of New York Mellon.
December 12, 2019
Invesco Exchange-Traded Fund Trust
1. | Invesco Aerospace & Defense ETF | |
2. | Invesco BRIC ETF | |
3. | Invesco BuyBack AchieversTM ETF | |
4. | Invesco Cleantech ETF | |
5. | Invesco Dividend AchieversTM ETF | |
6. | Invesco Dow Jones Industrial Average Dividend ETF | |
7. | Invesco DWA Momentum ETF | |
8. | Invesco DWA Basic Materials Momentum ETF | |
9. | Invesco Dynamic Biotechnology & Genome ETF | |
10. | Invesco Dynamic Building & Construction ETF | |
11. | Invesco DWA Consumer Cyclicals Momentum ETF | |
12. | Invesco DWA Consumer Staples Momentum ETF | |
13. | Invesco Dynamic Energy Exploration & Production ETF | |
14. | Invesco DWA Energy Momentum ETF | |
15. | Invesco DWA Financial Momentum ETF | |
16. | Invesco Dynamic Food & Beverage ETF | |
17. | Invesco DWA Healthcare Momentum ETF | |
18. | Invesco DWA Industrials Momentum ETF | |
19. | Invesco Dynamic Large Cap Growth ETF | |
20. | Invesco Russell Top 200 Equal Weight ETF | |
21. | Invesco Dynamic Large Cap Value ETF | |
22. | Invesco Dynamic Leisure and Entertainment ETF | |
23. | Invesco Dynamic Market ETF | |
24. | Invesco Dynamic Media ETF | |
25. | Invesco Russell Midcap Pure Growth ETF | |
26. | Invesco Russell Midcap Equal Weight ETF | |
27. | Invesco Russell Midcap Pure Value ETF | |
28. | Invesco Dynamic Networking ETF | |
29. | Invesco Dynamic Oil & Gas Services ETF | |
30. | Invesco DWA NASDAQ Momentum ETF | |
31. | Invesco Dynamic Pharmaceuticals ETF | |
32. | Invesco Dynamic Retail ETF | |
33. | Invesco Dynamic Semiconductors ETF | |
34. | Invesco Russell 2000 Pure Growth ETF | |
35. | Invesco Russell 2000 Pure Value ETF | |
36. | Invesco Dynamic Software ETF | |
37. | Invesco DWA Technology Momentum ETF | |
38. | Invesco DWA Utilities Momentum ETF | |
39. | Invesco Financial Preferred ETF | |
40. | Invesco FTSE RAFI US 1000 ETF | |
41. | Invesco FTSE RAFI US 1500 Small-Mid ETF | |
42. | Invesco Russell Top 200 Pure Growth ETF | |
43. | Invesco Russell Top 200 Pure Value ETF | |
44. | Invesco Global Listed Private Equity ETF | |
45. | Invesco Golden Dragon China ETF | |
46. | Invesco High Yield Equity Dividend Achievers ETF | |
47. | Invesco Insider Sentiment ETF | |
48. | Invesco International Dividend Achievers ETF | |
49. | Invesco Zacks Mid-Cap ETF | |
50. | Invesco Zacks Multi-Asset Income ETF |
51. | Invesco NASDAQ Internet ETF | |
52. | Invesco Raymond James SB-1 Equity ETF | |
53. | Invesco S&P MidCap 400® Equal Weight ETF | |
54. | Invesco S&P MidCap 400® Pure Growth ETF | |
55. | Invesco S&P MidCap 400® Pure Value ETF | |
56 | Invesco S&P 500® BuyWrite ETF | |
57. | Invesco S&P 500® Equal Weight Consumer Discretionary ETF | |
58. | Invesco S&P 500® Equal Weight Communication Services ETF | |
59. | Invesco S&P 500® Equal Weight Consumer Staples ETF | |
60. | Invesco S&P 500® Equal Weight Energy ETF | |
61. | Invesco S&P 500® Equal Weight ETF | |
62. | Invesco S&P 500® Equal Weight Financials ETF | |
63. | Invesco S&P 500® Equal Weight Health Care ETF | |
64. | Invesco S&P 500® Equal Weight Industrials ETF | |
65. | Invesco S&P 500® Equal Weight Materials ETF | |
66. | Invesco S&P 500® Equal Weight Real Estate ETF | |
67. | Invesco S&P 500® Equal Weight Technology ETF | |
68. | Invesco S&P 500® Equal Weight Utilities ETF | |
69. | Invesco S&P 500® Pure Growth ETF | |
70. | Invesco S&P 500® Pure Value ETF | |
71. | Invesco S&P 500® Top 50 ETF | |
72. | Invesco S&P 500® Quality ETF | |
73. | Invesco S&P SmallCap 600® Equal Weight ETF | |
74. | Invesco S&P SmallCap 600® Pure Growth ETF | |
75. | Invesco S&P SmallCap 600® Pure Value ETF | |
76. | Invesco S&P Spin-Off ETF | |
77. | Invesco Water Resources ETF | |
78. | Invesco Wilderhill Clean Energy ETF |
Invesco Exchange-Traded Fund Trust II
1. | Invesco 1-30 Laddered Treasury ETF | |
2. | Invesco California AMT-Free Municipal Bond ETF | |
3. | Invesco CEF Income Composite ETF | |
4. | Invesco Contrarian Opportunities ETF | |
5. | Invesco China Real Estate ETF | |
6. | Invesco China Small Cap ETF | |
7. | Invesco China Technology ETF | |
8. | Invesco DWA Developed Markets Momentum ETF | |
9. | Invesco DWA Emerging Markets Momentum ETF | |
10. | Invesco DWA SmallCap Momentum ETF | |
11. | Invesco DWA Tactical Multi-Asset Income ETF | |
12. | Invesco DWA Tactical Sector Rotation ETF | |
13. | Invesco Emerging Markets Revenue ETF | |
14. | Invesco Emerging Markets Sovereign Debt ETF | |
15. | Invesco Emerging Markets Ultra Dividend Revenue ETF | |
16. | Invesco Frontier Markets ETF | |
17. | Invesco FTSE RAFI Developed Markets ex-U.S. ETF | |
18. | Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF | |
19. | Invesco FTSE RAFI Emerging Markets ETF | |
20. | Invesco FTSE International Low Beta Equal Weight ETF | |
21. | Invesco Fundamental High Yield® Corporate Bond ETF | |
22. | Invesco Fundamental Investment Grade Corporate Bond ETF | |
23. | Invesco Global Clean Energy ETF | |
24. | Invesco Global ESG Revenue ETF | |
25. | Invesco Global Revenue ETF | |
26. | Invesco Global Short Term High Yield Bond ETF | |
27. | Invesco Global Water ETF | |
28. | Invesco International BuyBack AchieversTM ETF | |
29. | Invesco International Corporate Bond ETF | |
30. | Invesco International Revenue ETF |
31. | Invesco International Ultra Dividend Revenue ETF | |
32. | Invesco Japan Currency Hedged Low Volatility ETF | |
33. | Invesco LadderRite 0-5 Year Corporate Bond ETF | |
34. | Invesco KBW Bank ETF | |
35. | Invesco KBW High Dividend Yield Financial ETF | |
36. | Invesco KBW Premium Yield Equity REIT ETF | |
37. | Invesco KBW Property & Casualty Insurance ETF | |
38. | Invesco KBW Regional Banking ETF | |
39. | Invesco MSCI Emerging Markets Equal Country Weight ETF | |
40. | Invesco MSCI Global Timber ETF | |
41. | Invesco National AMT-Free Municipal Bond ETF | |
42. | Invesco New York AMT-Free Municipal Bond ETF | |
43. | Invesco Preferred ETF | |
44. | Invesco PureBeta FTSE Developed ex-North America ETF | |
45. | Invesco PureBeta FTSE Emerging Markets ETF | |
46. | Invesco PureBeta MSCI USA ETF | |
47. | Invesco PureBeta MSCI USA Small Cap ETF | |
48. | Invesco PureBeta US Aggregate Bond ETF | |
49. | Invesco PureBeta 0-5 Yr US TIPS ETF | |
50. | Invesco Russell 1000 Enhanced Equal Weight ETF | |
51. | Invesco Russell 1000 Equal Weight ETF | |
52. | Invesco Russell 1000 Low Beta Equal Weight ETF | |
53. | Invesco Russell 1000® Low Volatility Factor ETF | |
54. | Invesco Russell 1000® Momentum Factor ETF | |
55. | Invesco Russell 1000® Quality Factor ETF | |
56. | Invesco Russell 1000® Size Factor ETF | |
57. | Invesco Russell 1000® Value Factor ETF | |
58. | Invesco Russell 1000® Yield Factor ETF | |
59. | Invesco Shipping ETF | |
60. | Invesco Solar ETF | |
61. | Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF | |
62. | Invesco S&P 500® High Beta ETF | |
63. | Invesco S&P 500® High Dividend Low Volatility ETF | |
64. | Invesco S&P 500® Low Volatility ETF | |
65. | Invesco S&P 500 Minimum Variance ETF | |
66. | Invesco S&P 500 Momentum ETF | |
67. | Invesco S&P 500 Enhanced Value ETF | |
68. | Invesco S&P 500 Revenue ETF | |
69. | Invesco S&P Emerging Markets Momentum ETF | |
70. | Invesco S&P Emerging Markets Low Volatility ETF | |
71. | Invesco S&P Financials Revenue ETF | |
72. | Invesco S&P Global Dividend Opportunities Index ETF | |
73. | Invesco S&P Global Water Index ETF | |
74. | Invesco S&P High Income Infrastructure ETF | |
75. | Invesco S&P International Developed High Dividend Low Volatility ETF | |
76. | Invesco S&P International Developed Momentum ETF | |
77. | Invesco S&P International Developed Low Volatility ETF | |
78. | Invesco S&P International Developed Quality ETF | |
79. | Invesco S&P MidCap 400 Revenue ETF | |
80. | Invesco S&P MidCap Low Volatility ETF | |
81. | Invesco S&P SmallCap 600 Revenue ETF | |
82. | Invesco S&P SmallCap Consumer Discretionary ETF | |
83. | Invesco S&P SmallCap Consumer Staples ETF | |
84. | Invesco S&P SmallCap Energy ETF | |
85. | Invesco S&P SmallCap Financials ETF | |
86. | Invesco S&P SmallCap Health Care ETF | |
87. | Invesco S&P SmallCap High Dividend Low Volatility ETF | |
88. | Invesco S&P SmallCap Industrials ETF | |
89. | Invesco S&P SmallCap Information Technology ETF | |
90. | Invesco S&P SmallCap Low Volatility ETF |
91. | Invesco S&P SmallCap Materials ETF | |
92. | Invesco S&P SmallCap Quality ETF | |
93. | Invesco S&P SmallCap Utilities & Communication Services ETF | |
94. | Invesco S&P Ultra Dividend Revenue ETF | |
95. | Invesco Senior Loan ETF | |
96. | Invesco Taxable Municipal Bond ETF | |
97. | Invesco Treasury Collateral ETF | |
98. | Invesco Variable Rate Preferred ETF | |
99. | Invesco VRDO Tax-Free Weekly ETF |
Invesco Actively Managed Exchange-Traded Fund Trust
1. | Invesco Active U.S. Real Estate Fund | |
2. | Invesco Balanced Multi-Asset Allocation ETF | |
3. | Invesco Conservative Multi-Asset Allocation ETF | |
4. | Invesco Corporate Bond Factor ETF | |
5. | Invesco Growth Multi-Asset Allocation ETF | |
6. | Invesco High Yield Bond Factor ETF | |
7. | Invesco Intermediate Bond Factor ETF | |
8. | Invesco Moderately Conservative Multi-Asset Allocation ETF | |
9. | Invesco Multi-Sector Bond Income Factor ETF | |
10. | Invesco S&P 500® Downside Hedged ETF | |
11. | Invesco Short-Term Bond Factor ETF | |
12. | Invesco Total Return Bond ETF | |
13. | Invesco Ultra Short Duration ETF | |
14. | Invesco Variable Rate Investment Grade ETF |
Invesco Actively Managed Exchange-Traded Commodity Fund Trust
1. | Invesco Agriculture Commodity Strategy No K-1 ETF | |
2. | Invesco Base Metals Commodity Strategy No K-1 ETF | |
3. | Invesco Bloomberg Commodity Strategy ETF | |
4. | Invesco Optimum Yield Diversified Commodity Strategy No K-1ETF | |
5. | Invesco Energy Commodity Strategy No K-1 ETF |
Invesco India Exchange-Traded Fund Trust
1. | Invesco India ETF |
Invesco Exchange-Traded Self-Indexed Fund Trust
1. | Invesco BulletShares 2019 Corporate Bond ETF | |
2. | Invesco BulletShares 2019 High Yield Corporate Bond ETF | |
3. | Invesco BulletShares 2020 Corporate Bond ETF | |
4. | Invesco BulletShares 2020 High Yield Corporate Bond ETF | |
5. | Invesco BulletShares 2021 Corporate Bond ETF | |
6. | Invesco BulletShares 2021 High Yield Corporate Bond ETF | |
7. | Invesco BulletShares 2022 Corporate Bond ETF | |
8. | Invesco BulletShares 2022 High Yield Corporate Bond ETF | |
9. | Invesco BulletShares 2023 Corporate Bond ETF | |
10. | Invesco BulletShares 2023 High Yield Corporate Bond ETF | |
11. | Invesco BulletShares 2024 Corporate Bond ETF | |
12. | Invesco BulletShares 2024 High Yield Corporate Bond ETF | |
13. | Invesco BulletShares 2025 Corporate Bond ETF | |
14. | Invesco BulletShares 2025 High Yield Corporate Bond ETF | |
15. | Invesco BulletShares 2026 High Yield Corporate Bond ETF | |
16. | Invesco BulletShares 2027 High Yield Corporate Bond ETF | |
17. | Invesco BulletShares 2026 Corporate Bond ETF | |
18. | Invesco BulletShares 2027 Corporate Bond ETF | |
19. | Invesco BulletShares 2028 Corporate Bond ETF | |
20. | Invesco BulletShares 2029 Corporate Bond ETF | |
21. | Invesco BulletShares 2021 USD Emerging Markets Debt ETF | |
22. | Invesco BulletShares 2022 USD Emerging Markets Debt ETF | |
23. | Invesco BulletShares 2023 USD Emerging Markets Debt ETF |
24. | Invesco BulletShares 2024 USD Emerging Markets Debt ETF | |
25. | Invesco BulletShares 2025 USD Emerging Markets Debt ETF | |
26. | Invesco BulletShares 2020 Municipal Bond ETF | |
27. | Invesco BulletShares 2021 Municipal Bond ETF | |
28. | Invesco BulletShares 2022 Municipal Bond ETF | |
29. | Invesco BulletShares 2023 Municipal Bond ETF | |
30. | Invesco BulletShares 2024 Municipal Bond ETF | |
31. | Invesco BulletShares 2025 Municipal Bond ETF | |
32. | Invesco BulletShares 2026 Municipal Bond ETF | |
33. | Invesco BulletShares 2027 Municipal Bond ETF | |
34. | Invesco BulletShares 2028 Municipal Bond ETF | |
35. | Invesco BulletShares 2029 Municipal Bond ETF | |
36. | Invesco BulletShares 2030 Municipal Bond ETF | |
37. | Invesco Defensive Equity ETF | |
38. | Invesco Emerging Markets Debt Defensive ETF | |
39. | Invesco Emerging Markets Debt Value ETF | |
40. | Invesco ESG Revenue ETF | |
41. | Invesco Corporate Income Defensive ETF | |
42. | Invesco Corporate Income Value ETF | |
43. | Invesco Investment Grade Defensive ETF | |
44. | Invesco Investment Grade Value ETF | |
45. | Invesco Multi-Factor Core Fixed Income ETF | |
46. | Invesco Multi-Factor Core Plus Fixed Income ETF | |
47. | Invesco Multi-Factor Defensive Core Fixed Income ETF | |
48. | Invesco Multi-Factor Income ETF | |
49. | Invesco Russell 1000® Dynamic Multifactor ETF | |
50. | Invesco Russell 2000® Dynamic Multifactor ETF | |
51. | Invesco RAFITM Strategic US ETF | |
52. | Invesco RAFITM Strategic US Small Company ETF | |
53. | Invesco RAFITM Strategic Developed ex-US ETF | |
54. | Invesco RAFITM Strategic Developed ex-US Small Company ETF | |
55. | Invesco RAFITM Strategic Emerging Markets ETF |
[ signature page follows]
THE BANK OF NEW YORK MELLON | ||
By: |
/s/ Jonathan Hoyler |
|
(signature) | ||
Jonathan Hoyler |
||
(name) | ||
Vice President |
||
(title) |
INVESCO EXCHANGE-TRADED FUND TRUST | ||
By: |
/s/ Daniel E. Draper |
|
(signature) | ||
Daniel E. Draper | ||
(name) | ||
Principal Executive Officer & President | ||
(title) |
INVESCO EXCHANGE-TRADED FUND TRUST II | ||
By: |
/s/ Daniel E. Draper |
|
(signature) | ||
Daniel E. Draper | ||
(name) | ||
Principal Executive Officer & President | ||
(title) |
INVESCO ACTIVELY MANAGED EXCHANGE-TRADED FUND TRUST | ||
By: |
/s/ Daniel E. Draper |
|
(signature) | ||
Daniel E. Draper | ||
(name) | ||
Principal Executive Officer & President | ||
(title) |
INVESCO ACTIVELY MANAGED EXCHANGE-TRADED COMMODITY FUND TRUST | ||
By: |
/s/ Daniel E. Draper |
|
(signature) | ||
Daniel E. Draper | ||
(name) | ||
Principal Executive Officer & President | ||
(title) |
INVESCO INDIA EXCHANGE-TRADED FUND TRUST | ||
By: |
/s/ Daniel E. Draper |
|
(signature) | ||
Daniel E. Draper | ||
(name) | ||
Principal Executive Officer & President | ||
(title) |
INVESCO EXCHANGE-TRADED SELF-INDEXED FUND TRUST | ||
By: |
/s/ Daniel E. Draper |
|
(signature) | ||
Daniel E. Draper | ||
(name) | ||
Principal Executive Officer & President | ||
(title) |
EXHIBIT D
AMENDED AND RESTATED SCHEDULE OF SERIES
The undersigned hereby certifies that he is an authorized signer of each Invesco trust listed herein, and that the following funds are included under the Amended and Restated Transfer Agency and Service Agreement dated June 17, 2013, by and between such trusts and the Bank of New York Mellon.
December 12, 2019
Invesco Exchange-Traded Fund Trust
1. | Invesco Aerospace & Defense ETF | |
2. | Invesco BRIC ETF | |
3. | Invesco BuyBack AchieversTM ETF | |
4. | Invesco Cleantech ETF | |
5. | Invesco Dividend AchieversTM ETF | |
6. | Invesco Dow Jones Industrial Average Dividend ETF | |
7. | Invesco DWA Momentum ETF | |
8. | Invesco DWA Basic Materials Momentum ETF | |
9. | Invesco Dynamic Biotechnology & Genome ETF | |
10. | Invesco Dynamic Building & Construction ETF | |
11. | Invesco DWA Consumer Cyclicals Momentum ETF | |
12. | Invesco DWA Consumer Staples Momentum ETF | |
13. | Invesco Dynamic Energy Exploration & Production ETF | |
14. | Invesco DWA Energy Momentum ETF | |
15. | Invesco DWA Financial Momentum ETF | |
16. | Invesco Dynamic Food & Beverage ETF | |
17. | Invesco DWA Healthcare Momentum ETF | |
18. | Invesco DWA Industrials Momentum ETF | |
19. | Invesco Dynamic Large Cap Growth ETF | |
20. | Invesco Russell Top 200 Equal Weight ETF | |
21. | Invesco Dynamic Large Cap Value ETF | |
22. | Invesco Dynamic Leisure and Entertainment ETF | |
23. | Invesco Dynamic Market ETF | |
24. | Invesco Dynamic Media ETF | |
25. | Invesco Russell Midcap Pure Growth ETF | |
26. | Invesco Russell Midcap Equal Weight ETF | |
27. | Invesco Russell Midcap Pure Value ETF | |
28. | Invesco Dynamic Networking ETF | |
29. | Invesco Dynamic Oil & Gas Services ETF | |
30. | Invesco DWA NASDAQ Momentum ETF | |
31. | Invesco Dynamic Pharmaceuticals ETF | |
32. | Invesco Dynamic Retail ETF | |
33. | Invesco Dynamic Semiconductors ETF | |
34. | Invesco Russell 2000 Pure Growth ETF | |
35. | Invesco Russell 2000 Pure Value ETF | |
36. | Invesco Dynamic Software ETF | |
37. | Invesco DWA Technology Momentum ETF | |
38. | Invesco DWA Utilities Momentum ETF | |
39. | Invesco Financial Preferred ETF | |
40. | Invesco FTSE RAFI US 1000 ETF | |
41. | Invesco FTSE RAFI US 1500 Small-Mid ETF | |
42. | Invesco Russell Top 200 Pure Growth ETF | |
43. | Invesco Russell Top 200 Pure Value ETF | |
44. | Invesco Global Listed Private Equity ETF | |
45. | Invesco Golden Dragon China ETF | |
46. | Invesco High Yield Equity Dividend Achievers ETF |
47. | Invesco Insider Sentiment ETF | |
48. | Invesco International Dividend Achievers ETF | |
49. | Invesco Zacks Mid-Cap ETF | |
50. | Invesco Zacks Multi-Asset Income ETF | |
51. | Invesco NASDAQ Internet ETF | |
52. | Invesco Raymond James SB-1 Equity ETF | |
53. | Invesco S&P MidCap 400® Equal Weight ETF | |
54. | Invesco S&P MidCap 400® Pure Growth ETF | |
55. | Invesco S&P MidCap 400® Pure Value ETF | |
56. | Invesco S&P 500® BuyWrite ETF | |
57. | Invesco S&P 500® Equal Weight Communication Services ETF | |
58. | Invesco S&P 500® Equal Weight Consumer Discretionary ETF | |
59. | Invesco S& P 500® Equal Weight Consumer Staples ETF | |
60. | Invesco S&P 500® Equal Weight Energy ETF | |
61. | Invesco S&P 500® Equal Weight ETF | |
62. | Invesco S&P 500® Equal Weight Financials ETF | |
63. | Invesco S&P 500® Equal Weight Health Care ETF | |
64. | Invesco S&P 500® Equal Weight Industrials ETF | |
65. | Invesco S&P 500® Equal Weight Materials ETF | |
66. | Invesco S&P 500® Equal Weight Real Estate ETF | |
67. | Invesco S&P 500® Equal Weight Technology ETF | |
68. | Invesco S&P 500® Equal Weight Utilities ETF | |
69. | Invesco S&P 500® Pure Growth ETF | |
70. | Invesco S&P 500® Pure Value ETF | |
71. | Invesco S&P 500® Top 50 ETF | |
72. | Invesco S&P 500® Quality ETF | |
73. | Invesco S&P SmallCap 600® Equal Weight ETF | |
74. | Invesco S&P SmallCap 600® Pure Growth ETF | |
75. | Invesco S&P SmallCap 600® Pure Value ETF | |
76. | Invesco S&P Spin-Off ETF | |
77. | Invesco Water Resources ETF | |
78. | Invesco Wilderhill Clean Energy ETF |
Invesco Exchange-Traded Fund Trust II
1. | Invesco 1-30 Laddered Treasury ETF | |
2. | Invesco California AMT-Free Municipal Bond ETF | |
3. | Invesco CEF Income Composite ETF | |
4. | Invesco Contrarian Opportunities ETF | |
5. | Invesco China Real Estate ETF | |
6. | Invesco China Small Cap ETF | |
7. | Invesco China Technology ETF | |
8. | Invesco DWA Developed Markets Momentum ETF | |
9. | Invesco DWA Emerging Markets Momentum ETF | |
10. | Invesco DWA SmallCap Momentum ETF | |
11. | Invesco DWA Tactical Multi-Asset Income ETF | |
12. | Invesco DWA Tactical Sector Rotation ETF | |
13. | Invesco Emerging Markets Revenue ETF | |
14. | Invesco Emerging Markets Sovereign Debt ETF | |
15. | Invesco Emerging Markets Ultra Dividend Revenue ETF | |
16. | Invesco Frontier Markets ETF | |
17. | Invesco FTSE RAFI Developed Markets ex-U.S. ETF | |
18. | Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF | |
19. | Invesco FTSE RAFI Emerging Markets ETF | |
20. | Invesco FTSE International Low Beta Equal Weight ETF | |
21. | Invesco Fundamental High Yield® Corporate Bond ETF | |
22. | Invesco Fundamental Investment Grade Corporate Bond Portfolio |
23. | Invesco Global Clean Energy ETF | |
24. | Invesco Global ESG Revenue ETF | |
25. | Invesco Global Revenue ETF | |
26. | Invesco Global Short Term High Yield Bond ETF | |
27. | Invesco Global Water ETF | |
28. | Invesco International BuyBack AchieversTM Portfolio | |
29. | Invesco International Corporate Bond ETF | |
30. | Invesco International Revenue ETF | |
31. | Invesco International Ultra Dividend Revenue ETF | |
32. | Invesco Japan Currency Hedged Low Volatility ETF | |
33. | Invesco KBW Bank ETF | |
34. | Invesco KBW High Dividend Yield Financial ETF | |
35. | Invesco KBW Premium Yield Equity REIT ETF | |
36. | Invesco KBW Property & Casualty Insurance ETF | |
37. | Invesco KBW Regional Banking ETF | |
38. | Invesco LadderRite 0-5 Year Corporate Bond ETF | |
39. | Invesco MSCI Emerging Markets Equal Country Weight ETF | |
40. | Invesco MSCI Global Timber ETF | |
41. | Invesco National AMT-Free Municipal Bond ETF | |
42. | Invesco New York AMT-Free Municipal Bond ETF | |
43. | Invesco Preferred ETF | |
44. | Invesco PureBeta FTSE Developed ex-North America ETF | |
45. | Invesco PureBeta FTSE Emerging Markets ETF | |
46. | Invesco PureBeta MSCI USA ETF | |
47. | Invesco PureBeta MSCI USA Small Cap ETF | |
48. | Invesco PureBeta US Aggregate Bond ETF | |
49. | Invesco PureBeta 0-5 Yr US TIPS ETF | |
50. | Invesco Russell 1000 Enhanced Equal Weight ETF | |
51. | Invesco Russell 1000 Equal Weight ETF | |
52. | Invesco Russell 1000 Low Beta Equal Weight ETF | |
53. | Invesco Russell 1000® Low Volatility Factor ETF | |
54. | Invesco Russell 1000® Momentum Factor ETF | |
55. | Invesco Russell 1000® Quality Factor ETF | |
56. | Invesco Russell 1000® Size Factor ETF | |
57. | Invesco Russell 1000® Value Factor ETF | |
58. | Invesco Russell 1000® Yield Factor ETF | |
59. | Invesco Shipping ETF | |
60. | Invesco Solar ETF | |
61. | Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF | |
62. | Invesco S&P 500® High Beta ETF | |
63. | Invesco S&P 500® High Dividend Low Volatility ETF | |
64. | Invesco S&P 500® Low Volatility Portfolio | |
65. | Invesco S&P 500 Minimum Variance ETF | |
66. | Invesco S&P 500 Momentum ETF | |
67. | Invesco S&P 500 Enhanced Value Portfolio | |
68. | Invesco S&P 500 Revenue ETF | |
69. | Invesco S&P Emerging Markets Momentum ETF | |
70. | Invesco S&P Emerging Markets Low Volatility ETF | |
71. | Invesco S&P Financials Revenue ETF | |
72. | Invesco S&P Global Dividend Opportunities Index ETF | |
73. | Invesco S&P Global Water Index ETF | |
74. | Invesco S&P High Income Infrastructure ETF | |
75. | Invesco S&P International Developed High Dividend Low Volatility ETF | |
76. | Invesco S&P International Developed Momentum ETF | |
77. | Invesco S&P International Developed Low Volatility ETF | |
78. | Invesco S&P International Developed Quality ETF |
79. | Invesco S&P MidCap 400 Revenue ETF | |
80. | Invesco S&P MidCap Low Volatility ETF | |
81. | Invesco S&P SmallCap 600 Revenue ETF | |
82. | Invesco S&P SmallCap Consumer Discretionary ETF | |
83. | Invesco S&P SmallCap Consumer Staples ETF | |
84. | Invesco S&P SmallCap Energy ETF | |
85. | Invesco S&P SmallCap Financials ETF | |
86. | Invesco S&P SmallCap Health Care ETF | |
87. | Invesco S&P SmallCap High Dividend Low Volatility ETF | |
88. | Invesco S&P SmallCap Industrials ETF | |
89. | Invesco S&P SmallCap Information Technology ETF | |
90. | Invesco S&P SmallCap Low Volatility ETF | |
91. | Invesco S&P SmallCap Materials ETF | |
92. | Invesco S&P SmallCap Quality ETF | |
93. | Invesco S&P SmallCap Utilities & Communication Services ETF | |
94. | Invesco Senior Loan ETF | |
95. | Invesco Taxable Municipal Bond ETF | |
96. | Invesco Treasury Collateral ETF | |
97. | Invesco S&P Ultra Dividend Revenue ETF | |
98. | Invesco Variable Rate Preferred ETF | |
99. | Invesco VRDO Tax-Free Weekly ETF |
Invesco Actively Managed Exchange-Traded Fund Trust
1. | Invesco Active U.S. Real Estate Fund | |
2. | Invesco Balanced Multi-Asset Allocation ETF | |
3. | Invesco Conservative Multi-Asset Allocation ETF | |
4. | Invesco Corporate Bond Factor ETF | |
5. | Invesco Growth Multi-Asset Allocation ETF | |
6. | Invesco High Yield Bond Factor ETF | |
7. | Invesco Intermediate Bond Factor ETF | |
8. | Invesco Moderately Conservative Multi-Asset Allocation ETF | |
9. | Invesco Multi-Sector Bond Income Factor ETF | |
10. | Invesco S&P 500® Downside Hedged ETF | |
11. | Invesco Short-Term Bond Factor ETF | |
12. | Invesco Total Return Bond ETF | |
13. | Invesco Ultra Short Duration ETF | |
14. | Invesco Variable Rate Investment Grade ETF |
Invesco Actively Managed Exchange-Traded Commodity Fund Trust
1. | Invesco Agriculture Commodity Strategy No K-1 ETF | |
2. | Invesco Base Metals Commodity Strategy No K-1 ETF | |
3. | Invesco Bloomberg Commodity Strategy ETF | |
4. | Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | |
5. | Invesco Energy Commodity Strategy No K-1 ETF |
Invesco India Exchange-Traded Fund Trust
1. | Invesco India ETF |
Invesco Exchange-Traded Self-Indexed Fund Trust
1. | Invesco BulletShares 2019 Corporate Bond ETF | |
2. | Invesco BulletShares 2019 High Yield Corporate Bond ETF | |
3. | Invesco BulletShares 2020 Corporate Bond ETF | |
4. | Invesco BulletShares 2020 High Yield Corporate Bond ETF | |
5. | Invesco BulletShares 2021 Corporate Bond ETF | |
6. | Invesco BulletShares 2021 High Yield Corporate Bond ETF | |
7. | Invesco BulletShares 2022 Corporate Bond ETF |
8. | Invesco BulletShares 2022 High Yield Corporate Bond ETF | |
9. | Invesco BulletShares 2023 Corporate Bond ETF | |
10. | Invesco BulletShares 2023 High Yield Corporate Bond ETF | |
11. | Invesco BulletShares 2024 Corporate Bond ETF | |
12. | Invesco BulletShares 2024 High Yield Corporate Bond ETF | |
13. | Invesco BulletShares 2025 Corporate Bond ETF | |
14. | Invesco BulletShares 2025 High Yield Corporate Bond ETF | |
15. | Invesco BulletShares 2026 High Yield Corporate Bond ETF | |
16. | Invesco BulletShares 2027 High Yield Corporate Bond ETF | |
17. | Invesco BulletShares 2026 Corporate Bond ETF | |
18. | Invesco BulletShares 2027 Corporate Bond ETF | |
19. | Invesco BulletShares 2028 Corporate Bond ETF | |
20. | Invesco BulletShares 2029 Corporate Bond ETF | |
21. | Invesco BulletShares 2021 USD Emerging Markets Debt ETF | |
22. | Invesco BulletShares 2022 USD Emerging Markets Debt ETF | |
23. | Invesco BulletShares 2023 USD Emerging Markets Debt ETF | |
24. | Invesco BulletShares 2024 USD Emerging Markets Debt ETF | |
25. | Invesco BulletShares 2025 USD Emerging Markets Debt ETF | |
26. | Invesco BulletShares 2020 Municipal Bond ETF | |
27. | Invesco BulletShares 2021 Municipal Bond ETF | |
28. | Invesco BulletShares 2022 Municipal Bond ETF | |
29. | Invesco BulletShares 2023 Municipal Bond ETF | |
30. | Invesco BulletShares 2024 Municipal Bond ETF | |
31. | Invesco BulletShares 2025 Municipal Bond ETF | |
32. | Invesco BulletShares 2026 Municipal Bond ETF | |
33. | Invesco BulletShares 2027 Municipal Bond ETF | |
34. | Invesco BulletShares 2028 Municipal Bond ETF | |
35. | Invesco BulletShares 2029 Municipal Bond ETF | |
36. | Invesco BulletShares 2030 Municipal Bond ETF | |
37. | Invesco Defensive Equity ETF | |
38. | Invesco Emerging Markets Debt Defensive ETF | |
39. | Invesco Emerging Markets Debt Value ETF | |
40. | Invesco ESG Revenue ETF | |
41. | Invesco Corporate Income Defensive ETF | |
42. | Invesco Corporate Income Value ETF | |
43. | Invesco Investment Grade Defensive ETF | |
44. | Invesco Investment Grade Value ETF | |
45. | Invesco Multi-Factor Core Fixed Income ETF | |
46. | Invesco Multi-Factor Core Plus Fixed Income ETF | |
47. | Invesco Multi-Factor Defensive Core Fixed Income ETF | |
48. | Invesco Multi-Factor Income ETF | |
49. | Invesco Russell 1000® Dynamic Multifactor ETF | |
50. | Invesco Russell 2000® Dynamic Multifactor ETF | |
51. | Invesco RAFITM Strategic US ETF | |
52. | Invesco RAFITM Strategic US Small Company ETF | |
53. | Invesco RAFITM Strategic Developed ex-US ETF | |
54. | Invesco RAFITM Strategic Developed ex-US Small Company ETF | |
55. | Invesco RAFITM Strategic Emerging Markets ETF |
[Signature page follows]
THE BANK OF NEW YORK MELLON | ||
By: |
/s/ Jonathan Hoyler |
|
(signature) | ||
Jonathan Hoyler |
||
(name) | ||
Vice President |
||
(title) |
INVESCO EXCHANGE-TRADED FUND TRUST | ||
By: |
/s/ Daniel E. Draper |
|
(signature) | ||
Daniel E. Draper | ||
(name) | ||
Principal Executive Officer & President | ||
(title) |
INVESCO EXCHANGE-TRADED FUND TRUST II | ||
By: |
/s/ Daniel E. Draper |
|
(signature) | ||
Daniel E. Draper | ||
(name) | ||
Principal Executive Officer & President | ||
(title) |
INVESCO ACTIVELY MANAGED EXCHANGE-TRADED FUND TRUST | ||
By: |
/s/ Daniel E. Draper |
|
(signature) | ||
Daniel E. Draper | ||
(name) | ||
Principal Executive Officer & President | ||
(title) |
INVESCO ACTIVELY MANAGED EXCHANGE-TRADED COMMODITY FUND TRUST | ||
By: |
/s/ Daniel E. Draper |
|
(signature) | ||
Daniel E. Draper | ||
(name) | ||
Principal Executive Officer & President | ||
(title) |
INVESCO INDIA EXCHANGE-TRADED FUND TRUST | ||
By: |
/s/ Daniel E. Draper |
|
(signature) | ||
Daniel E. Draper | ||
(name) | ||
Principal Executive Officer & President | ||
(title) |
INVESCO EXCHANGE-TRADED SELF-INDEXED FUND TRUST | ||
By: |
/s/ Daniel E. Draper |
|
(signature) | ||
Daniel E. Draper | ||
(name) | ||
Principal Executive Officer & President | ||
(title) |
CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
We hereby consent to the incorporation by reference in this Registration Statement on Form N-1A of Invesco Exchange-Traded Fund Trust II of our reports dated December 23, 2019, relating to the financial statements and financial highlights, which appear in each Funds (as listed in Appendix A) Annual Report on Form N-CSR for the year ended October 31, 2019. We also consent to the references to us under the headings Fund Service Providers, Financial Highlights, Statement of Additional Information and Independent Registered Public Accounting Firm in such Registration Statement.
/s/ PricewaterhouseCoopers LLP
Chicago, Illinois
February 26, 2020
Appendix A
Fund Name |
||
Invesco China Technology ETF | ||
Invesco DWA Developed Markets Momentum ETF | ||
Invesco DWA Emerging Markets Momentum ETF | ||
Invesco Emerging Markets Sovereign Debt ETF | ||
Invesco FTSE International Low Beta Equal Weight ETF | ||
Invesco FTSE RAFI Developed Markets ex-U.S. ETF | ||
Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF | ||
Invesco FTSE RAFI Emerging Markets ETF | ||
Invesco Global Clean Energy ETF | ||
Invesco Global Short Term High Yield Bond ETF | ||
Invesco Global Water ETF | ||
Invesco International BuyBack Achievers ETF | ||
Invesco International Corporate Bond ETF | ||
Invesco MSCI Global Timber ETF | ||
Invesco PureBetaSM 0-5 Yr US TIPS ETF | ||
Invesco PureBetaSM FTSE Developed ex-North America ETF | ||
Invesco PureBetaSM FTSE Emerging Markets ETF | ||
Invesco S&P Emerging Markets Low Volatility ETF | ||
Invesco S&P Emerging Markets Momentum ETF | ||
Invesco S&P Global Water Index ETF | ||
Invesco S&P International Developed High Dividend Low Volatility ETF | ||
Invesco S&P International Developed Low Volatility ETF | ||
Invesco S&P International Developed Momentum ETF | ||
Invesco S&P International Developed Quality ETF |