THE SECURITIES ACT OF 1933 | ☒ |
Pre-Effective Amendment No. | ☐ |
Post-Effective Amendment No. 510 | ☒ |
THE INVESTMENT COMPANY ACT OF 1940 | ☒ |
Amendment No. 511 | ☒ |
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 |
☐ | 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. |
| |
INVESCO ACTIVELY MANAGED EXCHANGE-TRADED FUND TRUST
SUPPLEMENT DATED FEBRUARY 28, 2023 TO THE:
PROSPECTUSES AND STATEMENT OF ADDITIONAL INFORMATION
DATED FEBRUARY 28, 2023 OF:
(each, a “Fund” and collectively, the “Funds”)
As previously announced, at a meeting held on January 20, 2023, the Board of Trustees of the Invesco Actively Managed Exchange-Traded Fund Trust approved the termination and liquidation of each Fund, with the liquidation payment to shareholders expected to take place on or about April 6, 2023.
After the close of business on March 23, 2023, the Funds no longer will accept creation orders. The last day of trading in each Fund on the Cboe BZX Exchange, Inc. (the “Exchange”) will be March 30, 2023. Shareholders should be aware that while the Funds are preparing to liquidate, they will not be pursuing their stated investment objective or engaging in any business activities except for the purposes of winding up their business and affairs, preserving the value of their assets, paying their liabilities, and distributing their remaining assets to shareholders. A liquidation may also be delayed if unforeseen circumstances arise.
Shareholders may sell their holdings of a Fund on the Exchange until market close on March 30, 2023, and may incur typical transaction fees from their broker-dealer. Each Fund’s shares will no longer trade on the Exchange after market close on March 30, 2023, and the shares will be subsequently delisted. Shareholders who do not sell their shares of a Fund before market close on March 30, 2023 will receive cash equal to the amount of the net asset value of their shares, which will include any capital gains and dividends, in the cash portion of their brokerage accounts, on or about April 6, 2023.
Shareholders generally will recognize a capital gain or loss equal to the amount received for their shares over or under their adjusted basis in such shares.
Shareholders should call the Funds’ distributor, Invesco Distributors, Inc., at 1-800-983-0903 for additional information.
Please Retain This Supplement For Future Reference.
P-IV4-PROSAI-SUP 022823
INVESCO ACTIVELY MANAGED EXCHANGE-TRADED FUND TRUST
SUPPLEMENT DATED FEBRUARY 28, 2023 TO THE:
PROSPECTUSES AND STATEMENT OF ADDITIONAL INFORMATION
DATED FEBRUARY 28, 2023 OF:
(each, a “Fund” and collectively, the “Funds”)
As previously announced, at a meeting held on January 20, 2023, the Board of Trustees of the Invesco Actively Managed Exchange-Traded Fund Trust (the “Board”) approved the termination and liquidation of each Fund. The liquidation payment to shareholders is now expected to take place on or about June 30, 2023.
On February 24, 2023, the Board approved a revised timeline for the termination and liquidation of the Funds. Accordingly, the Funds no longer will accept creation orders after the close of business on June 16, 2023. The last day of trading in each Fund on the Cboe BZX Exchange, Inc. (the “Exchange”) will be June 23, 2023. Shareholders should be aware that while the Funds are preparing to liquidate, they will not be pursuing their stated investment objective or engaging in any business activities except for the purposes of winding up their business and affairs, preserving the value of their assets, paying their liabilities, and distributing their remaining assets to shareholders. A liquidation may also be delayed if unforeseen circumstances arise.
Shareholders may sell their holdings of a Fund on the Exchange until market close on June 23, 2023, and may incur typical transaction fees from their broker-dealer. Each Fund’s shares will no longer trade on the Exchange after market close on June 23, 2023, and the shares will be subsequently delisted. Shareholders who do not sell their shares of a Fund before market close on June 23, 2023 will receive cash equal to the amount of the net asset value of their shares, which will include any capital gains and dividends, in the cash portion of their brokerage accounts, on or about June 30, 2023.
Shareholders generally will recognize a capital gain or loss equal to the amount received for their shares over or under their adjusted basis in such shares.
Shareholders should call the Funds’ distributor, Invesco Distributors, Inc., at 1-800-983-0903 for additional information.
Please Retain This Supplement For Future Reference.
P-PSM6-PROSAI-SUP 022823
| Invesco Active U.S. Real Estate ETF | NYSE Arca, Inc. |
Management
Fees |
|
| |
Other
Expenses |
|
| |
Total
Annual Fund Operating Expenses |
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
| Period Ended | Returns |
Best Quarter | | |
Worst Quarter | | - |
| Inception Date | 1 Year | 5 Years | 10 Years |
Return Before Taxes | | - | | |
Return After Taxes on Distributions | | - | | |
Return After Taxes on Distributions and Sale of Fund Shares | | - | | |
| ||||
FTSE NAREIT All Equity REITs Index deduction for fees, expenses or taxes) | | - | | |
|
Name | Title with Sub-Adviser | Date Began Managing the Fund |
Grant Jackson | Portfolio Manager of the Sub-Adviser | March 2018 |
| ||
Chip McKinley | Portfolio Manager of the Sub-Adviser | January 2022 |
| ||
Darin Turner | Portfolio Manager of the Sub-Adviser | February 2015 |
| ||
Ping-Ying Wang | Portfolio Manager of the Sub-Adviser | November 2008 |
| Years Ended October 31, | ||||
| 2022 | 2021 | 2020 | 2019 | 2018 |
Per Share Operating Performance: | | | | | |
Net asset value at beginning of year | $110.25 | $78.27 | $97.24 | $79.45 | $80.07 |
Net investment income(a) | 1.83 | 1.59 | 2.11 | 2.16 | 2.05 |
Net realized and unrealized gain (loss) on investments | (22.07) | 32.99 | (18.34) | 18.01 | (1.24) |
Total from investment operations | (20.24) | 34.58 | (16.23) | 20.17 | 0.81 |
Distributions to shareholders from: | | | | | |
Net investment income | (2.59) | (2.60) | (2.74) | (2.38) | (1.43) |
Net asset value at end of year | $87.42 | $110.25 | $78.27 | $97.24 | $79.45 |
Market price at end of year(b) | $87.45 | $110.26 | $78.23 | $97.13 | $79.30 |
Net Asset Value Total Return(c) | (18.66)% | 44.71% | (16.56)% | 25.82% | 1.02% |
Market Price Total Return(c) | (18.65)% | 44.82% | (16.52)% | 25.90% | 0.87% |
Ratios/Supplemental Data: | | | | | |
Net assets at end of year (000’s omitted) | $112,770 | $130,094 | $78,270 | $121,552 | $27,807 |
Ratio to average net assets of: | | | | | |
Expenses | 0.35% | 0.35% | 0.35% | 0.35% | 0.53% |
Net investment income | 1.77% | 1.61% | 2.46% | 2.40% | 2.58% |
Portfolio turnover rate(d) | 68% | 83% | 51% | 30% | 92% |
(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. |
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 Actively Managed Exchange-Traded Fund Trust c/o Invesco Distributors, Inc. 11 Greenway Plaza, Suite 1000 Houston, Texas 77046-1173 |
Visit: | www.invesco.com/ETFs |
| Invesco Balanced Multi-Asset Allocation ETF | CBOE BZX Exchange, Inc. |
Management Fees | |
| |
Other Expenses | |
| |
Acquired Fund Fees and Expenses1 | |
| |
Total Annual Fund Operating Expenses | |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
| Period Ended | Returns |
Best Quarter | | |
Worst Quarter | | - |
| Inception Date | 1 Year | 5 Years | Since Inception |
Return Before Taxes | | - | | |
Return After Taxes on Distributions | | - | | |
Return After Taxes on Distributions and Sale of Fund Shares | | - | | |
| ||||
Custom Invesco Balanced Allocation ETF Index1 | | - | | |
| ||||
S&P 500® Index fees, expenses or taxes) | | - | | |
|
Name | Title with Sub-Adviser/Adviser/Trust | Date Began Managing the Fund |
Peter Hubbard | Head of Equities and Director of Portfolio Management of the Adviser; Vice President of the Trust | February 2017 |
| ||
Michael Jeanette | Senior Portfolio Manager of the Adviser | February 2017 |
| ||
Jeffrey Bennett | Portfolio Manager of the Sub-Adviser | April 2020 |
| ||
Jacob Borbidge | Portfolio Manager of the Sub-Adviser | February 2017 |
| ||
Duy Nguyen | Portfolio Manager of the Sub-Adviser | February 2017 |
|
| Years Ended October 31, | ||||
| 2022 | 2021 | 2020 | 2019 | 2018 |
Per Share Operating Performance: | | | | | |
Net asset value at beginning of year | $17.01 | $13.60 | $14.15 | $13.10 | $13.32 |
Net investment income(a)(b) | 0.46 | 0.33 | 0.37 | 0.38 | 0.36 |
Net realized and unrealized gain (loss) on investments | (2.74) | 3.39 | (0.12) | 1.09 | (0.23) |
Total from investment operations | (2.28) | 3.72 | 0.25 | 1.47 | 0.13 |
Distributions to shareholders from: | | | | | |
Net investment income | (0.44) | (0.31) | (0.45) | (0.38) | (0.32) |
Net realized gains | - | - | (0.35) | (0.04) | (0.03) |
Total distributions | (0.44) | (0.31) | (0.80) | (0.42) | (0.35) |
Net asset value at end of year | $14.29 | $17.01 | $13.60 | $14.15 | $13.10 |
Market price at end of year(c) | $14.29 | $16.99 | $13.57 | $14.17 | $13.14 |
Net Asset Value Total Return(d) | (13.54)% | 27.55% | 1.86% | 11.57% | 0.89% |
Market Price Total Return(d) | (13.44)% | 27.68% | 1.49% | 11.37% | 1.12% |
Ratios/Supplemental Data: | | | | | |
Net assets at end of year (000’s omitted) | $36,307 | $21,767 | $8,159 | $4,246 | $2,620 |
Ratio to average net assets of: | | | | | |
Expenses(e) | 0.05% | 0.05% | 0.05% | 0.11%(f) | 0.05% |
Net investment income(b) | 2.96% | 2.02% | 2.72% | 2.81%(f) | 2.68% |
Portfolio turnover rate(g) | 32% | 28% | 50% | 56% | 26% |
(a) | Based on average shares outstanding. |
(b) | Net investment income (loss) is affected by the timing of the declaration of dividends by the underlying funds in which the Fund invests. Ratio of net investment income (loss) does not include net investment income of the underlying funds in which the Fund invests. |
(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 0.06%. |
(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. |
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 Actively Managed Exchange-Traded Fund Trust c/o Invesco Distributors, Inc. 11 Greenway Plaza, Suite 1000 Houston, Texas 77046-1173 |
Visit: | www.invesco.com/ETFs |
| Invesco Conservative Multi-Asset Allocation ETF | CBOE BZX Exchange, Inc. |
Management Fees | |
| |
Other Expenses | |
| |
Acquired Fund Fees and Expenses1 | |
| |
Total Annual Fund Operating Expenses | |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
| Period Ended | Returns |
Best Quarter | | |
Worst Quarter | | - |
| Inception Date | 1 Year | 5 Years | Since Inception |
Return Before Taxes | | - | | |
Return After Taxes on Distributions | | - | | |
Return After Taxes on Distributions and Sale of Fund Shares | | - | | |
| ||||
Custom Invesco Conservative Allocation ETF Index1 | | - | | |
| ||||
S&P 500® Index fees, expenses or taxes) | | - | | |
|
Name | Title with Sub-Adviser/Adviser/Trust | Date Began Managing the Fund |
Peter Hubbard | Head of Equities and Director of Portfolio Management of the Adviser; Vice President of the Trust | February 2017 |
| ||
Michael Jeanette | Senior Portfolio Manager of the Adviser | February 2017 |
| ||
Jeffrey Bennett | Portfolio Manager of the Sub-Adviser | April 2020 |
| ||
Jacob Borbidge | Portfolio Manager of the Sub-Adviser | February 2017 |
| ||
Duy Nguyen | Portfolio Manager of the Sub-Adviser | February 2017 |
|
| Years Ended October 31, | ||||
| 2022 | 2021 | 2020 | 2019 | 2018 |
Per Share Operating Performance: | | | | | |
Net asset value at beginning of year | $13.91 | $12.84 | $13.02 | $12.49 | $12.87 |
Net investment income(a)(b) | 0.39 | 0.35 | 0.38 | 0.46 | 0.44 |
Net realized and unrealized gain (loss) on investments | (2.20) | 1.07 | 0.09 | 0.73 | (0.38) |
Total from investment operations | (1.81) | 1.42 | 0.47 | 1.19 | 0.06 |
Distributions to shareholders from: | | | | | |
Net investment income | (0.41) | (0.35) | (0.36) | (0.66) | (0.42) |
Net realized gains | (0.01) | - | (0.29) | - | (0.02) |
Total distributions | (0.42) | (0.35) | (0.65) | (0.66) | (0.44) |
Net asset value at end of year | $11.68 | $13.91 | $12.84 | $13.02 | $12.49 |
Market price at end of year(c) | $11.68 | $13.92 | $12.82 | $13.04 | $12.49 |
Net Asset Value Total Return(d) | (13.22)% | 11.18% | 3.84% | 9.80% | 0.39% |
Market Price Total Return(d) | (13.29)% | 11.44% | 3.51% | 9.96% | 0.31% |
Ratios/Supplemental Data: | | | | | |
Net assets at end of year (000’s omitted) | $12,035 | $13,910 | $7,703 | $3,905 | $1,249 |
Ratio to average net assets of: | | | | | |
Expenses(e) | 0.05% | 0.05% | 0.05% | 0.09%(f) | 0.05% |
Net investment income(b) | 3.05% | 2.56% | 3.01% | 3.60%(f) | 3.42% |
Portfolio turnover rate(g) | 26% | 33% | 41% | 32% | 38% |
(a) | Based on average shares outstanding. |
(b) | Net investment income (loss) is affected by the timing of the declaration of dividends by the underlying funds in which the Fund invests. Ratio of net investment income (loss) does not include net investment income of the underlying funds in which the Fund invests. |
(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 0.04%. |
(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. |
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 Actively Managed Exchange-Traded Fund Trust c/o Invesco Distributors, Inc. 11 Greenway Plaza, Suite 1000 Houston, Texas 77046-1173 |
Visit: | www.invesco.com/ETFs |
| Invesco Growth Multi-Asset Allocation ETF | CBOE BZX Exchange, Inc. |
Management Fees | |
| |
Other Expenses | |
| |
Acquired Fund Fees and Expenses1 | |
| |
Total Annual Fund Operating Expenses | |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
| Period Ended | Returns |
Best Quarter | | |
Worst Quarter | | - |
| Inception Date | 1 Year | 5 Years | Since Inception |
Return Before Taxes | | - | | |
Return After Taxes on Distributions | | - | | |
Return After Taxes on Distributions and Sale of Fund Shares | | - | | |
| ||||
Custom Invesco Growth Allocation ETF Index1 | | - | | |
| ||||
S&P 500® Index fees, expenses or taxes) | | - | | |
|
Name | Title with Sub-Adviser/Adviser/Trust | Date Began Managing the Fund |
Peter Hubbard | Head of Equities and Director of Portfolio Management of the Adviser; Vice President of the Trust | February 2017 |
| ||
Michael Jeanette | Senior Portfolio Manager of the Adviser | February 2017 |
| ||
Jeffrey Bennett | Portfolio Manager of the Sub-Adviser | April 2020 |
| ||
Jacob Borbidge | Portfolio Manager of the Sub-Adviser | February 2017 |
| ||
Duy Nguyen | Portfolio Manager of the Sub-Adviser | February 2017 |
|
| Years Ended October 31, | ||||
| 2022 | 2021 | 2020 | 2019 | 2018 |
Per Share Operating Performance: | | | | | |
Net asset value at beginning of year | $18.83 | $14.04 | $14.67 | $13.45 | $13.56 |
Net investment income(a)(b) | 0.45 | 0.34 | 0.42 | 0.38 | 0.35 |
Net realized and unrealized gain (loss) on investments | (2.84) | 4.77 | (0.49) | 1.23 | (0.15) |
Total from investment operations | (2.39) | 5.11 | (0.07) | 1.61 | 0.20 |
Distributions to shareholders from: | | | | | |
Net investment income | (0.47) | (0.32) | (0.34) | (0.35) | (0.28) |
Net realized gains | - | - | (0.22) | (0.04) | (0.03) |
Total distributions | (0.47) | (0.32) | (0.56) | (0.39) | (0.31) |
Net asset value at end of year | $15.97 | $18.83 | $14.04 | $14.67 | $13.45 |
Market price at end of year(c) | $15.98 | $18.83 | $14.05 | $14.69 | $13.50 |
Net Asset Value Total Return(d) | (12.83)% | 36.68% | (0.45)% | 12.24% | 1.43% |
Market Price Total Return(d) | (12.78)% | 36.58% | (0.52)% | 11.97% | 1.58% |
Ratios/Supplemental Data: | | | | | |
Net assets at end of year (000’s omitted) | $26,351 | $19,397 | $5,617 | $4,400 | $2,691 |
Ratio to average net assets of: | | | | | |
Expenses(e) | 0.05% | 0.05% | 0.05% | 0.10%(f) | 0.05% |
Net investment income(b) | 2.61% | 1.92% | 3.01% | 2.70%(f) | 2.51% |
Portfolio turnover rate(g) | 34% | 25% | 43% | 81% | 21% |
(a) | Based on average shares outstanding. |
(b) | Net investment income (loss) is affected by the timing of the declaration of dividends by the underlying funds in which the Fund invests. Ratio of net investment income (loss) does not include net investment income of the underlying funds in which the Fund invests. |
(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 0.05%. |
(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. |
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 Actively Managed Exchange-Traded Fund Trust c/o Invesco Distributors, Inc. 11 Greenway Plaza, Suite 1000 Houston, Texas 77046-1173 |
Visit: | www.invesco.com/ETFs |
| Invesco High Yield Bond Factor ETF | The Nasdaq Stock Market LLC |
Management
Fees |
|
| |
Other
Expenses |
|
| |
Total
Annual Fund Operating Expenses |
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
| Period Ended | Returns |
Best Quarter | | |
Worst Quarter | | - |
| Inception Date | 1 Year | Since Inception |
Return Before Taxes | | - | - |
Return After Taxes on Distributions | | - | - |
Return After Taxes on Distributions and Sale of Fund Shares | | - | - |
| |||
Bloomberg U.S. Corporate High Yield 2% Issuer Cap Index | | - | - |
|
Name | Title with Sub-Adviser/Adviser/Trust | Date Began Managing the Fund |
Jay Raol | Portfolio Manager of the Sub-Adviser | November 2020 |
| ||
James Ong | Portfolio Manager of the Sub-Adviser | November 2020 |
| ||
Noelle Corum | Portfolio Manager of the Sub-Adviser | November 2020 |
|
| Year Ended October 31, 2022 | For the Period November 30, 2020(a) Through October 31, 2021 |
Per Share Operating Performance: | | |
Net asset value at beginning of period | $25.45 | $25.00 |
Net investment income(b) | 1.12 | 0.97 |
Net realized and unrealized gain (loss) on investments | (4.14) | 0.43 |
Total from investment operations | (3.02) | 1.40 |
Distributions to shareholders from: | | |
Net investment income | (1.22) | (0.95) |
Net realized gains | (0.11) | - |
Return of capital | (0.10) | - |
Total distributions | (1.43) | (0.95) |
Net asset value at end of period | $21.00 | $25.45 |
Market price at end of period(c) | $21.05 | $25.51 |
Net Asset Value Total Return(d) | (12.57)% | 5.65%(e) |
Market Price Total Return(d) | (12.59)% | 5.88%(e) |
Ratios/Supplemental Data: | | |
Net assets at end of period (000’s omitted) | $34,020 | $41,491 |
Ratio to average net assets of: | | |
Expenses | 0.39% | 0.40%(f) |
Net investment income | 4.82% | 4.14%(f) |
Portfolio turnover rate(g) | 71% | 49% |
(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 2, 2020, the first day of trading on the exchange) to October 31, 2021 was 5.39%. The market price total return from Fund Inception to October 31, 2021 was 5.30%. |
(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. |
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 Actively Managed Exchange-Traded Fund Trust c/o Invesco Distributors, Inc. 11 Greenway Plaza, Suite 1000 Houston, Texas 77046-1173 |
Visit: | www.invesco.com/ETFs |
| Invesco Moderately Conservative Multi-Asset Allocation ETF | CBOE BZX Exchange, Inc. |
Management Fees | |
| |
Other Expenses | |
| |
Acquired Fund Fees and Expenses1 | |
| |
Total Annual Fund Operating Expenses | |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
| Period Ended | Returns |
Best Quarter | | |
Worst Quarter | | - |
| Inception Date | 1 Year | 5 Years | Since Inception |
Return Before Taxes | | - | | |
Return After Taxes on Distributions | | - | | |
Return After Taxes on Distributions and Sale of Fund Shares | | - | | |
| ||||
Custom Invesco Moderately Conservative Allocation ETF Index1 | | - | | |
| ||||
S&P 500® Index fees, expenses or taxes) | | - | | |
|
Name | Title with Sub-Adviser/Adviser/Trust | Date Began Managing the Fund |
Peter Hubbard | Head of Equities and Director of Portfolio Management of the Adviser; Vice President of the Trust | February 2017 |
| ||
Michael Jeanette | Senior Portfolio Manager of the Adviser | February 2017 |
| ||
Jeffrey Bennett | Portfolio Manager of the Sub-Adviser | April 2020 |
| ||
Jacob Borbidge | Portfolio Manager of the Sub-Adviser | February 2017 |
| ||
Duy Nguyen | Portfolio Manager of the Sub-Adviser | February 2017 |
|
| Years Ended October 31, | ||||
| 2022 | 2021 | 2020 | 2019 | 2018 |
Per Share Operating Performance: | | | | | |
Net asset value at beginning of year | $15.72 | $13.44 | $13.79 | $12.76 | $13.10 |
Net investment income(a)(b) | 0.42 | 0.34 | 0.40 | 0.46 | 0.40 |
Net realized and unrealized gain (loss) on investments | (2.52) | 2.24 | (0.08) | 0.94 | (0.34) |
Total from investment operations | (2.10) | 2.58 | 0.32 | 1.40 | 0.06 |
Distributions to shareholders from: | | | | | |
Net investment income | (0.39) | (0.30) | (0.42) | (0.36) | (0.37) |
Net realized gains | - | - | (0.25) | (0.01) | (0.03) |
Total distributions | (0.39) | (0.30) | (0.67) | (0.37) | (0.40) |
Net asset value at end of year | $13.23 | $15.72 | $13.44 | $13.79 | $12.76 |
Market price at end of year(c) | $13.23 | $15.74 | $13.43 | $13.82 | $12.78 |
Net Asset Value Total Return(d) | (13.56)% | 19.34% | 2.55% | 11.22% | 0.40% |
Market Price Total Return(d) | (13.68)% | 19.57% | 2.25% | 11.28% | 0.41% |
Ratios/Supplemental Data: | | | | | |
Net assets at end of year (000’s omitted) | $21,693 | $18,237 | $4,033 | $5,516 | $1,276 |
Ratio to average net assets of: | | | | | |
Expenses(e) | 0.05% | 0.05% | 0.05% | 0.11%(f) | 0.05% |
Net investment income(b) | 2.89% | 2.20% | 2.98% | 3.48%(f) | 3.03% |
Portfolio turnover rate(g) | 33% | 27% | 43% | 65% | 32% |
(a) | Based on average shares outstanding. |
(b) | Net investment income (loss) is affected by the timing of the declaration of dividends by the underlying funds in which the Fund invests. Ratio of net investment income (loss) does not include net investment income of the underlying funds in which the Fund invests. |
(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 0.06%. |
(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. |
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 Actively Managed Exchange-Traded Fund Trust c/o Invesco Distributors, Inc. 11 Greenway Plaza, Suite 1000 Houston, Texas 77046-1173 |
Visit: | www.invesco.com/ETFs |
| Invesco S&P 500® Downside Hedged ETF | NYSE Arca, Inc. |
Management Fees | |
| |
Other Expenses | |
| |
Acquired Fund Fees and Expenses1 | |
| |
Total Annual Fund Operating Expenses | |
| |
Fee Waiver and/or Expense Reimbursement2 | |
| |
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement | |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
| Period Ended | Returns |
Best Quarter | | |
Worst Quarter | | - |
| Inception Date | 1 Year | 5 Years | 10 Years |
Return Before Taxes | | - | | |
Return After Taxes on Distributions | | - | | |
Return After Taxes on Distributions and Sale of Fund Shares | | - | | |
| ||||
S&P 500® Dynamic VEQTOR Index deduction for fees, expenses or taxes) | | - | | |
| ||||
S&P 500® Index (reflects no deduction for fees, expenses or taxes) | | - | | |
| ||||
U.S. 3 Month Treasury Bill Index (reflects no deduction for fees, expenses or taxes) | | | | |
|
Name | Title with Adviser/Trust | Date Began Managing the Fund |
Peter Hubbard | Head of Equities and Director of Portfolio Management of the Adviser; Vice President of the Trust | December 2012 |
| ||
David Hemming | Head of Alternatives Portfolio Management of the Adviser | September 2016 |
| ||
Theodore Samulowitz | Senior Portfolio Manager of the Adviser | December 2012 |
|
| Years Ended October 31, | ||||
| 2022 | 2021 | 2020 | 2019 | 2018 |
Per Share Operating Performance: | | | | | |
Net asset value at beginning of year | $36.82 | $32.51 | $26.72 | $27.92 | $26.67 |
Net investment income(a) | 0.30 | 0.18 | 0.21 | 0.46 | 0.41 |
Net realized and unrealized gain (loss) on investments | (1.69) | 4.31 | 5.94 | (1.21) | 1.36 |
Total from investment operations | (1.39) | 4.49 | 6.15 | (0.75) | 1.77 |
Distributions to shareholders from: | | | | | |
Net investment income | (0.25) | (0.18) | (0.36) | (0.45) | (0.52) |
Net asset value at end of year | $35.18 | $36.82 | $32.51 | $26.72 | $27.92 |
Market price at end of year(b) | $35.24 | $36.78 | $32.58 | $26.65 | $27.86 |
Net Asset Value Total Return(c) | (3.78)% | 13.86% | 23.19% | (2.71)% | 6.61% |
Market Price Total Return(c) | (3.51)% | 13.49% | 23.78% | (2.75)% | 6.33% |
Ratios/Supplemental Data: | | | | | |
Net assets at end of year (000’s omitted) | $279,696 | $250,377 | $143,042 | $20,037 | $26,523 |
Ratio to average net assets of: | | | | | |
Expenses, after Waivers(d) | 0.38% | 0.38% | 0.34% | 0.36%(e) | 0.38% |
Expenses, prior to Waivers(d) | 0.39% | 0.39% | 0.39% | 0.40%(e) | 0.39% |
Net investment income | 0.84% | 0.52% | 0.68% | 1.66%(e) | 1.45% |
Portfolio turnover rate(f) | 1,189% | 597% | 1,172% | 608% | 542% |
(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) | 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. |
(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. |
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 Actively Managed Exchange-Traded Fund Trust c/o Invesco Distributors, Inc. 11 Greenway Plaza, Suite 1000 Houston, Texas 77046-1173 |
Visit: | www.invesco.com/ETFs |
| Invesco Total Return Bond ETF | NYSE Arca, Inc. |
Management
Fees |
|
| |
Other
Expenses |
|
| |
Total
Annual Fund Operating Expenses |
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
| Period Ended | Returns |
Best Quarter | | |
Worst Quarter | | - |
| Inception Date | 1 Year | 5 Years | Since Inception |
Return Before Taxes | | - | | |
Return After Taxes on Distributions | | - | - | |
Return After Taxes on Distributions and Sale of Fund Shares | | - | | |
| ||||
Bloomberg U.S. Aggregate Bond Index no deduction for fees, expenses or taxes) | | - | | |
|
Name | Title with Sub-Adviser/Adviser/Trust | Date Began Managing the Fund |
Michael Hyman | Chief Investment Officer of the Sub-Adviser | April 2018 |
| ||
Matt Brill, CFA | Senior Portfolio Manager of the Sub-Adviser | April 2018 |
| ||
Chuck Burge | Senior Portfolio Manager of the Sub-Adviser | April 2018 |
| ||
Todd Schomberg | Portfolio Manager of the Sub-Adviser | February 2021 |
|
| Years Ended October 31, | Two Months Ended October 31, 2018 | Year Ended August 31, 2018 | |||
| 2022 | 2021 | 2020 | 2019 | ||
Per Share Operating Performance: | | | | | | |
Net asset value at beginning of period | $56.63 | $57.57 | $54.39 | $50.89 | $52.10 | $52.61 |
Net investment income(a) | 1.43 | 1.11 | 1.26 | 1.44 | 0.31 | 1.47 |
Net realized and unrealized gain (loss) on investments | (11.85) | 0.08 | 3.47 | 4.57 | (1.20) | (0.37) |
Total from investment operations | (10.42) | 1.19 | 4.73 | 6.01 | (0.89) | 1.10 |
Distributions to shareholders from: | | | | | | |
Net investment income | (1.48) | (1.04) | (1.29) | (1.55) | (0.32) | (1.49) |
Net realized gains | - | (1.09) | (0.26) | (0.96) | - | (0.12) |
Total distributions | (1.48) | (2.13) | (1.55) | (2.51) | (0.32) | (1.61) |
Net asset value at end of period | $44.73 | $56.63 | $57.57 | $54.39 | $50.89 | $52.10 |
Market price at end of period(b) | $44.67 | $56.67 | $57.57 | $54.43 | $50.93 | $52.10 |
Net Asset Value Total Return(c) | (18.65)% | 2.06% | 8.85% | 12.22% | (1.72)% | 2.14% |
Market Price Total Return(c) | (18.81)% | 2.14% | 8.77% | 12.20% | (1.64)% | 2.02% |
Ratios/Supplemental Data: | | | | | | |
Net assets at end of period (000's omitted) | $738,113 | $996,607 | $463,457 | $176,783 | $40,713 | $41,678 |
Ratio to average net assets of: | | | | | | |
Expenses | 0.50% | 0.50% | 0.50% | 0.50%(d) | 0.50%(e) | 0.50% |
Expenses, prior to Waivers | 0.50% | 0.50% | 0.50% | 0.50%(d) | 0.50%(e) | 0.51% |
Net investment income | 2.79% | 1.96% | 2.25% | 2.75% | 3.58%(e) | 2.80% |
Portfolio turnover rate(f) | 361% | 475% | 434% | 511% | 53% | 219% |
(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) | 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. |
(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 Actively Managed Exchange-Traded Fund Trust c/o Invesco Distributors, Inc. 11 Greenway Plaza, Suite 1000 Houston, Texas 77046-1173 |
Visit: | www.invesco.com/ETFs |
| Invesco Ultra Short Duration ETF | NYSE Arca, Inc. |
Management
Fees |
|
| |
Other
Expenses |
|
| |
Total
Annual Fund Operating Expenses |
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
| Period Ended | Returns |
Best Quarter | | |
Worst Quarter | | - |
| Inception Date | 1 Year | 5 Years | 10 Years |
Return Before Taxes | | | | |
Return After Taxes on Distributions | | - | | |
Return After Taxes on Distributions and Sale of Fund Shares | | | | |
| ||||
ICE BofA US Treasury Bill Index for fees, expenses or taxes) | | | | |
|
Name | Title with Sub-Adviser/Adviser/Trust | Date Began Managing the Fund |
Laurie F. Brignac | Senior Portfolio Manager of the Sub-Adviser | April 2018 |
| ||
Joseph S. Madrid, CFA | Senior Portfolio Manager of the Sub-Adviser | April 2018 |
| ||
Marques Mercier | Senior Portfolio Manager of the Sub-Adviser | April 2018 |
|
| Years Ended October 31, | Five Months Ended October 31, 2018 | Year Ended May 31, 2018 | |||
| 2022 | 2021 | 2020 | 2019 | ||
Per Share Operating Performance: | | | | | | |
Net asset value at beginning of year | $50.38 | $50.53 | $50.42 | $50.20 | $50.28 | $50.28 |
Net investment income(a) | 0.58 | 0.32 | 0.84 | 1.38 | 0.55 | 0.87 |
Net realized and unrealized gain (loss) on investments | (1.15) | (0.14) | 0.17 | 0.24 | (0.06) | 0.14 |
Total from investment operations | (0.57) | 0.18 | 1.01 | 1.62 | 0.49 | 1.01 |
Distributions to shareholders from: | | | | | | |
Net investment income | (0.56) | (0.33) | (0.88) | (1.39) | (0.57) | (1.01) |
Net realized gains | - | - | (0.02) | (0.01) | - | - |
Total distributions | (0.56) | (0.33) | (0.90) | (1.40) | (0.57) | (1.01) |
Net asset value at end of year | $49.25 | $50.38 | $50.53 | $50.42 | $50.20 | $50.28 |
Market price at end of year(b) | $49.24 | $50.38 | $50.54 | $50.42 | $50.22 | $50.29 |
Net Asset Value Total Return(c) | (1.13)% | 0.36% | 2.01% | 3.25% | 0.98% | 2.02% |
Market Price Total Return(c) | (1.15)% | 0.34% | 2.04% | 3.20% | 1.00% | 2.02% |
Ratios/Supplemental Data: | | | | | | |
Net assets at end of year (000's omitted) | $2,108,024 | $2,942,228 | $3,011,607 | $2,621,784 | $1,611,555 | $1,166,465 |
Ratio to average net assets of: | | | | | | |
Expenses | 0.22% | 0.22% | 0.22% | 0.23% | 0.25%(d) | 0.27% |
Expenses, prior to Waivers | 0.22% | 0.22% | 0.22% | 0.23% | 0.25%(d) | 0.28% |
Net investment income | 1.16% | 0.63% | 1.68% | 2.77% | 2.64%(d) | 1.74% |
Portfolio turnover rate(e) | 28% | 57% | 53% | 30% | 6% | 56% |
(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 Actively Managed Exchange-Traded Fund Trust c/o Invesco Distributors, Inc. 11 Greenway Plaza, Suite 1000 Houston, Texas 77046-1173 |
Visit: | www.invesco.com/ETFs |
| Invesco Variable Rate Investment Grade ETF | The Nasdaq Stock Market LLC |
Management
Fees |
|
| |
Other
Expenses |
|
| |
Total
Annual Fund Operating Expenses |
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
| Period Ended | Returns |
Best Quarter | | |
Worst Quarter | | - |
| Inception Date | 1 Year | 5 Years | Since Inception |
Return Before Taxes | | | | |
Return After Taxes on Distributions | | | | |
Return After Taxes on Distributions and Sale of Fund Shares | | | | |
| ||||
Bloomberg US Floating Rate Note Index no deduction for fees, expenses or taxes) | | | | |
|
Name | Title with Sub-Adviser/Adviser/Trust | Date Began Managing the Fund |
Peter Hubbard | Head of Equities and Director of Portfolio Management of the Adviser; Vice President of the Trust | September 2016 |
| ||
Philip Armstrong | Portfolio Manager (Lead) of the Sub-Adviser | September 2016 |
| ||
Mario Clemente | Portfolio Manager of the Sub-Adviser | February 2017 |
| ||
Brian P. Norris | Portfolio Manager of the Sub-Adviser | September 2016 |
| ||
Ken Purnell | Portfolio Manager of the Sub-Adviser | September 2016 |
|
| Years Ended October 31, | ||||
| 2022 | 2021 | 2020 | 2019 | 2018 |
Per Share Operating Performance: | | | | | |
Net asset value at beginning of year | $25.09 | $24.89 | $24.94 | $25.02 | $25.20 |
Net investment income(a) | 0.43 | 0.19 | 0.40 | 0.75 | 0.65 |
Net realized and unrealized gain (loss) on investments | (0.54) | 0.21 | 0.02 | (0.03) | (0.15) |
Total from investment operations | (0.11) | 0.40 | 0.42 | 0.72 | 0.50 |
Distributions to shareholders from: | | | | | |
Net investment income | (0.41) | (0.20) | (0.44) | (0.80) | (0.68) |
Return of capital | - | - | (0.03) | - | - |
Total distributions | (0.41) | (0.20) | (0.47) | (0.80) | (0.68) |
Net asset value at end of year | $24.57 | $25.09 | $24.89 | $24.94 | $25.02 |
Market price at end of year(b) | $24.56 | $25.10 | $24.89 | $24.95 | $25.02 |
Net Asset Value Total Return(c) | (0.45)% | 1.62% | 1.75% | 2.92% | 2.01% |
Market Price Total Return(c) | (0.53)% | 1.66% | 1.72% | 2.96% | 1.92% |
Ratios/Supplemental Data: | | | | | |
Net assets at end of year (000’s omitted) | $571,327 | $471,652 | $453,021 | $391,527 | $447,868 |
Ratio to average net assets of: | | | | | |
Expenses, after Waivers | 0.30% | 0.30% | 0.29% | 0.30% | 0.30% |
Expenses, prior to Waivers | 0.30% | 0.30% | 0.30% | 0.30% | 0.30% |
Net investment income | 1.75% | 0.77% | 1.64% | 3.00% | 2.59% |
Portfolio turnover rate(d) | 101% | 93% | 99% | 62% | 26% |
(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. |
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 Actively Managed Exchange-Traded Fund Trust 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 Active U.S. Real Estate ETF | NYSE Arca, Inc. | PSR |
Invesco Balanced Multi-Asset Allocation ETF | Cboe BZX Exchange, Inc. | PSMB |
Invesco Conservative Multi-Asset Allocation ETF | Cboe BZX Exchange, Inc. | PSMC |
Invesco Growth Multi-Asset Allocation ETF | Cboe BZX Exchange, Inc. | PSMG |
Invesco High Yield Bond Factor ETF | The Nasdaq Stock Market LLC | IHYF |
Invesco Moderately Conservative Multi-Asset Allocation ETF | Cboe BZX Exchange, Inc. | PSMM |
Invesco S&P 500® Downside Hedged ETF | NYSE Arca, Inc. | PHDG |
Invesco Total Return Bond ETF | NYSE Arca, Inc. | GTO |
Invesco Ultra Short Duration ETF | NYSE Arca, Inc. | GSY |
Invesco Variable Rate Investment Grade ETF | The Nasdaq Stock Market LLC | VRIG |
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A-1 |
Fund | 2022 | 2021 |
Invesco S&P 500® Downside Hedged ETF | 1,189% | 597% |
Invesco Ultra Short Duration ETF | 28% | 57% |
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 the 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 Chair of the Board; Chair of the Nominating and Governance Committee and Trustee | Vice Chair since 2018; Chair of the Nominating and Governance Committee and Trustee since 2008 | Founder and Principal, YQA Capital Management LLC (1998-Present); formerly, Owner/CEO of Electronic Dynamic Balancing Co., Inc. (high- speed rotating equipment service provider). | 230 | Chair (since 2021) and member (since 2017) of the Joint Investment Committee, Mission Aviation Fellowship and MAF Foundation; Trustee, 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 | Formerly, Assistant Professor of Business, Trinity Christian College (2010-2016); 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. | 230 | 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, First Eagle Alternative Credit LLC (2020-Present); Advisory Board Member, Massachusetts Institute of Technology Lincoln Laboratory (federally- funded research development) (2010- Present); Defense Advisory Board Member, Lawrence Livermore National Laboratory (2013- Present); formerly, Director, The Boeing Company (2009-2021); Trustee, MITRE Corporation (federally funded research development) (2008- 2020); Director, THL Credit, Inc. (alternative | 230 | Trustee, U.S. Naval Academy Foundation Athletic & Scholarship Program (2010- Present); formerly, Trustee, certain funds of the Oppenheimer Funds complex (2013- 2019); Advisory Board Member, Maxwell School of Citizenship and Public Affairs of Syracuse University (2012-2016). |
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 the Past 5 Years | Number of Portfolios in Fund Complex Overseen by Independent Trustees | Other Directorships Held by Independent Trustees During the Past 5 Years |
| | | credit investment manager) (2016-2020); Chair (2015-2016), Lead Director (2011-2015) and Director (2008-2011), Monster Worldwide, Inc. (career services); 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). | 230 | Trustee Emerita (2017- present), Trustee (2000-2017) and Chair (2010-2017), Newberry Library; Trustee, Chikaming Open Lands (2014-Present); Member (2002- present), Rockefeller Trust Committee; formerly, Trustee, Mather LifeWays (2001-2021); 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). |
Marc M. Kole—1960 | Chair of the | Chair of the | Formerly, Managing | 230 | Formerly, Treasurer |
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 the Past 5 Years | Number of Portfolios in Fund Complex Overseen by Independent Trustees | Other Directorships Held by Independent Trustees During the Past 5 Years |
c/o Invesco Capital Management LLC 3500 Lacey Road, Suite 700 Downers Grove, IL 60515 | Audit Committee and Trustee | Audit Committee and Trustee since 2008 | Director of Finance (2020- 2021) and Senior Director of Finance (2015-2020), By The Hand Club for Kids (not-for-profit); 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). | | (2018-2021), Finance Committee Member (2015-2021) and Audit Committee Member (2015), Thornapple Evangelical Covenant Church; 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 | Chair of the Investment Oversight Committee and Trustee | Chair 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). | 230 | Board Director, Beacon Power Services, Corp. (2019-Present); formerly, Advisory Board Member, Performance Trust Capital Partners, LLC (2008-2020). |
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 | 230 | Board Director, Horizon Blue Cross Blue Shield of New Jersey (2012- Present); Governing Council Member (2016-Present) and Chair of Education Committee (2017- 2021), Independent Directors Council (IDC); Council Member, New York- Presbyterian Hospital’s Leadership Council on Children’s and Women’s Health (2012-Present); formerly, Advisory Board Director, The Alberleen Group LLC (2012-2021); Board Member, 100 Women in Finance (2015- 2020); Trustee, certain funds in the Oppenheimer Funds complex (2012-2019); |
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 the Past 5 Years | Number of Portfolios in Fund Complex Overseen by Independent Trustees | Other Directorships Held by Independent Trustees During the Past 5 Years |
| | | assignment) for the Oversight Committee, Long Term Capital Management (1998-1999), Morgan Stanley. | | Lead Independent 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. | 230 | 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 | Chair of the Board and Trustee | Chair since 2012; Trustee since 2008 | Chair, President and Chief Executive Officer, McHenry Bancorp Inc. and McHenry Savings Bank (subsidiary) (2018- Present); formerly, Chair and Chief Executive Officer, Stone Pillar | 230 | Director, Penfield Children’s Center (2004-Present); Board Chair, 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 the Past 5 Years | Number of Portfolios in Fund Complex Overseen by Independent Trustees | Other Directorships Held by Independent Trustees During the Past 5 Years |
| | | Advisors, Ltd. (2010- 2017); President and Chief Executive Officer, Stone Pillar Investments, Ltd. (advisory services to the financial sector) (2016- 2018); Chair, 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). | | |
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 the Past 5 Years | Number of Portfolios in Fund Complex Overseen by Interested Trustee | Other Directorships Held by Interested Trustee During the Past 5 Years |
Anna Paglia—1974 Invesco Capital Management LLC 3500 Lacey Road Suite700 Downers Grove, IL 60515 | Trustee, President and Principal Executive Officer | Trustee since 2022; President and Principal Executive Officer since 2020 | President and Principal Executive Officer (2020- Present) and Trustee (2022-present), 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; | 230 | 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 the Past 5 Years | Number of Portfolios in Fund Complex Overseen by Interested Trustee | Other Directorships Held by Interested Trustee During the Past 5 Years |
| | | Managing Director and Global Head of ETFs and Indexed Strategies, Chief Executive Officer and Principal Executive Officer, Invesco Capital Management LLC (2020- Present); Chief Executive Officer, Manager and Principal Executive Officer, Invesco Specialized Products, LLC (2020- Present); formerly, Vice President, Invesco Indexing LLC (2020-2022); Secretary, 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 (2011-2020), Invesco Actively Managed Exchange-Traded Commodity Fund Trust (2014-2020) and Invesco Exchange-Traded Self- Indexed Fund Trust (2015- 2020); Head of Legal (2010-2020) and Secretary (2015-2020), Invesco Capital Management LLC; Manager and Assistant Secretary, Invesco Indexing LLC (2017-2020); Head of Legal and Secretary, Invesco Specialized Products, LLC (2018-2020); Partner, K&L Gates LLP (formerly, Bell Boyd & Lloyd LLP) (2007- 2010); and Associate Counsel at Barclays Global Investors Ltd. (2004-2006). | | |
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 |
Adrien Deberghes — 1967 | Vice President | Since 2020 | Vice President, Invesco Exchange-Traded Fund Trust, Invesco |
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 |
Invesco Capital Management LLC, 11 Greenway Plaza Suite 1000 Houston, TX 77046 | | | 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 (2020-Present); Head of the Fund Office of the CFO, Fund Administration and Vice President, Invesco Advisers, Inc. (2020- Present); Principal Financial Officer, Treasurer and Vice President, The Invesco Funds (2020-Present); formerly, Senior Vice President and Treasurer, Fidelity Investments (2008-2020). |
Kelli Gallegos — 1970 Invesco Capital Management LLC, 11 Greenway Plaza Suite 1000 Houston, TX 77046 | 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 and Assistant Treasurer (2008-Present), The Invesco Funds; formerly, Principal Financial Officer (2016- 2020) and Assistant Vice President (2008-2016), The Invesco Funds; 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); and Assistant Treasurer, Invesco Capital Management LLC (2013-2018). |
Adam Henkel — 1980 Invesco Capital Management LLC 3500 Lacey Road Suite 700 Downers Grove, IL 60515 | Secretary | Since 2020 | Head of Legal and Secretary, Invesco Capital Management LLC and Invesco Specialized Products, LLC (2020-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, Invesco Actively Managed Exchange-Traded Commodity Fund Trust and Invesco Exchange-Traded Self-Indexed Fund Trust (2020-Present); Assistant Secretary, Invesco Capital Markets, Inc. (2020-Present); Assistant Secretary, The Invesco Funds (2014-Present); Manager (2020-Present) and Secretary (2022-Present), Invesco Indexing LLC; Assistant Secretary, Invesco Investment Advisers LLC (2020-Present); formerly, Assistant Secretary of 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 Commodity Fund Trust (2014-2020); Chief Compliance Officer of Invesco Capital Management LLC (2017); Chief Compliance Officer of 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 Commodity Fund Trust (2017); Senior Counsel, Invesco, Ltd. (2013-2020); Assistant Secretary, Invesco Specialized Products, LLC (2018-2020). |
Peter Hubbard — 1981 Invesco Capital | Vice President | Since 2009 | Vice President, Invesco Specialized Products, LLC (2018- Present); Vice President, Invesco Exchange-Traded Fund Trust, |
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 |
Management LLC 3500 Lacey Road Suite 700 Downers Grove, IL 60515 | | | 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); Vice President, Invesco Advisers, Inc. (2020-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, 11 Greenway Plaza Suite 1000 Houston, TX 77046 | 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); Senior Vice President, Invesco Advisers, Inc. (formerly known as Invesco Institutional (N.A.), Inc.) (registered investment adviser) (2020-Present); Director, Invesco Trust Company (2022-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 Trust (2012-Present), Invesco Actively Managed Exchange- Traded Commodity Fund Trust (2014-Present) and Invesco Exchange-Traded Self-Indexed Fund Trust (2016-Present); formerly, Treasurer (2008-2020), 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.; Treasurer, 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.; Vice President, Invesco Advisers, Inc. (2009-2020). |
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, |
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 |
| | | 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). |
Name of Trustee | Dollar Range of Equity Securities Per Fund | Aggregate Dollar Range of Equity Securities in All Registered Investment Companies Overseen by Trustee in Fund Family |
Independent Trustees | | |
Ronn R. Bagge | Invesco Ultra Short Duration ETF | Over $100,000 |
| Over $100,000 | |
Todd J. Barre | None | Over $100,000 |
| | |
Edmund P. Giambastiani, Jr. | None | $10,001–$50,000 |
| | |
Victoria J. Herget | None | Over $100,000 |
| | |
Marc M. Kole | None | Over $100,000 |
| | |
Yung Bong Lim | None | Over $100,000 |
| | |
Joanne Pace | None | Over $100,000 |
| | |
Gary R. Wicker | None | Over $100,000 |
| | |
Donald H. Wilson | None | Over $100,000 |
| | |
Interested Trustee | | |
Anna Paglia | 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 | $16,313 | N/A | $365,000 |
Todd J. Barre | $15,419 | N/A | $345,000 |
Edmund P. Giambastiani, Jr. | $15,419 | N/A | $345,000 |
Victoria J. Herget | $15,419 | N/A | $345,000 |
Marc M. Kole | $16,985 | N/A | $380,000 |
Yung Bong Lim | $16,313 | N/A | $365,000 |
Joanne Pace | $15,419 | N/A | $345,000 |
Gary R. Wicker | $15,419 | N/A | $345,000 |
Donald H. Wilson | $20,784 | N/A | $465,000 |
Interested Trustee | | | |
Kevin Carome(2) | N/A | N/A | N/A |
Anna Paglia(3) | N/A | N/A | N/A |
Name & Address | % Owned |
Charles Schwab & Co., Inc. 211 Main Street San Francisco, CA 94105 | 21.51% |
National Financial Services LLC 200 Liberty Street New York, NY 10281 | 14.99% |
Name & Address | % Owned |
TD Ameritrade Clearing, Inc. 4211 South 102nd Street Omaha, NE 68127 | 14.54% |
LPL Financial 75 State Street Boston, MA 02109 | 12.93% |
Pershing LLC 1 Pershing Plaza Jersey City, NJ 07399 | 9.40% |
Name & Address | % Owned |
LPL Financial 75 State Street Boston, MA 02109 | 24.86% |
Pershing LLC 1 Pershing Plaza Jersey City, NJ 07399 | 21.36% |
Charles Schwab & Co., Inc. 211 Main Street San Francisco, CA 94105 | 18.14% |
TD Ameritrade Clearing, Inc. 4211 South 102nd Street Omaha, NE 68127 | 11.86% |
National Financial Services LLC 200 Liberty Street New York, NY 10281 | 9.95% |
Name & Address | % Owned |
TD Ameritrade Clearing, Inc. 4211 South 102nd Street Omaha, NE 68127 | 35.63% |
Pershing LLC 1 Pershing Plaza Jersey City, NJ 07399 | 13.97% |
LPL Financial 75 State Street Boston, MA 02109 | 12.80% |
National Financial Services LLC 200 Liberty Street New York, NY 10281 | 10.93% |
Charles Schwab & Co., Inc. 211 Main Street San Francisco, CA 94105 | 9.67% |
E*TRADE Securities LLC Harborside 2 200 Hudson Street, Suite 501 Jersey City, NJ 73111 | 5.32% |
Name & Address | % Owned |
Pershing LLC 1 Pershing Plaza Jersey City, NJ 07399 | 29.36% |
LPL Financial 75 State Street Boston, MA 02109 | 22.15% |
Charles Schwab & Co., Inc. 211 Main Street San Francisco, CA 94105 | 12.43% |
National Financial Services LLC 200 Liberty Street New York, NY 10281 | 12.22% |
TD Ameritrade Clearing, Inc. 4211 South 102nd Street Omaha, NE 68127 | 9.91% |
Name & Address | % Owned |
State Street One Lincoln Street Boston, MA 02111 | 79.00% |
Bank of New York One Wall Street New York, NY 10286 | 10.46% |
LPL Financial 75 State Street Boston, MA 02109 | 7.39% |
Name & Address | % Owned |
LPL Financial 75 State Street Boston, MA 02109 | 38.64% |
TD Ameritrade Clearing, Inc. 4211 South 102nd Street Omaha, NE 68127 | 16.23% |
National Financial Services LLC 200 Liberty Street New York, NY 10281 | 12.28% |
Pershing LLC 1 Pershing Plaza Jersey City, NJ 07399 | 11.38% |
E*TRADE Securities LLC Harborside 2 200 Hudson Street, Suite 501 Jersey City, NJ 73111 | 9.61% |
Charles Schwab & Co., Inc. 211 Main Street San Francisco, CA 94105 | 6.16% |
Name & Address | % Owned |
TD Ameritrade Clearing, Inc. 4211 South 102nd Street Omaha, NE 68127 | 32.68% |
LPL Financial 75 State Street Boston, MA 02109 | 15.86% |
Charles Schwab & Co., Inc. 211 Main Street San Francisco, CA 94105 | 14.76% |
National Financial Services LLC 200 Liberty Street New York, NY 10281 | 13.94% |
Fifth Third Bank 38 Fountain Sq. Plz. Cincinnati, OH 45263 | 6.25% |
Name & Address | % Owned |
LPL Financial 75 State Street Boston, MA 02109 | 17.72% |
TD Ameritrade Clearing, Inc. 4211 South 102nd Street Omaha, NE 68127 | 17.17% |
National Financial Services LLC 200 Liberty Street New York, NY 10281 | 15.95% |
Charles Schwab & Co., Inc. 211 Main Street San Francisco, CA 94105 | 15.72% |
Pershing LLC 1 Pershing Plaza Jersey City, NJ 07399 | 8.54% |
Morgan Stanley 1585 Broadway New York, NY 10036 | 6.38% |
J.P. Morgan Securities LLC/JPMC 383 Madison Avenue New York, NY 10179 | 5.06% |
Name & Address | % Owned |
Charles Schwab & Co., Inc. 211 Main Street San Francisco, CA 94105 | 18.17% |
Morgan Stanley 1585 Broadway New York, NY 10036 | 10.58% |
National Financial Services LLC 200 Liberty Street New York, NY 10281 | 9.60% |
Name & Address | % Owned |
TD Ameritrade Clearing, Inc. 4211 South 102nd Street Omaha, NE 68127 | 9.54% |
LPL Financial 75 State Street Boston, MA 02109 | 8.07% |
Merrill Lynch, Pierce, Fenner & Smith Incorporated 4 Corporate Place Piscataway, NJ 08854 | 7.49% |
Wells Fargo 420 Montgomery Street San Francisco, CA 94104 | 6.65% |
Pershing LLC 1 Pershing Plaza Jersey City, NJ 07399 | 6.27% |
Name & Address | % Owned |
State Street One Lincoln Street Boston, MA 02111 | 29.21% |
TD Ameritrade Clearing, Inc. 4211 South 102nd Street Omaha, NE 68127 | 13.91% |
Morgan Stanley 1585 Broadway New York, NY 10036 | 12.95% |
Charles Schwab & Co., Inc. 211 Main Street San Francisco, CA 94105 | 8.98% |
National Financial Services LLC 200 Liberty Street New York, NY 10281 | 8.03% |
Pershing LLC 1 Pershing Plaza Jersey City, NJ 07399 | 6.51% |
LPL Financial 75 State Street Boston, MA 02109 | 5.67% |
Sub-Adviser | Performance Time Period (1) |
Invesco Advisers (2) | One-, Three- and Five-year performance against Fund peer group. |
Philip Armstrong | 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 Variable Rate Investment Grade ETF | | X | | | | |
Jacob Borbidge | 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 Growth Multi-Asset Allocation ETF | | | X | | | |
Invesco Moderately Conservative Multi-Asset Allocation ETF | | | X | | | |
Noelle Corum | 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 High Yield Bond Factor ETF | X | | | | | |
David Hemming | 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 S&P 500® Downside Hedged ETF | X | | | | | |
Peter Hubbard | 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 Growth Multi-Asset Allocation ETF | X | | | | | |
Invesco S&P 500® Downside Hedged ETF | X | | | | | |
Brian P. Norris | 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 Variable Rate Investment Grade ETF | | X | | | | |
James Ong | 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 High Yield Bond Factor ETF | | X | | | | |
Charles Purnell | 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 Variable Rate Investment Grade ETF | | | | X | | |
Jay Raol | 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 High Yield Bond Factor ETF | X | | | | | |
Theodore Samulowitz | 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 S&P 500® Downside Hedged ETF | X | | | | | |
Fund | Advisory Fee |
Invesco Active U.S. Real Estate ETF | 0.35% |
Invesco Balanced Multi-Asset Allocation ETF | 0.05% |
Invesco Conservative Multi-Asset Allocation ETF | 0.05% |
Invesco Growth Multi-Asset Allocation ETF | 0.05% |
Invesco High Yield Bond Factor ETF | 0.39% |
Invesco Moderately Conservative Multi-Asset Allocation ETF | 0.05% |
Invesco S&P 500® Downside Hedged ETF | 0.39% |
Invesco Total Return Bond ETF | 0.50% |
Invesco Ultra Short Duration ETF | 0.20% |
Invesco Variable Rate Investment Grade ETF | 0.30% |
| Advisory Fees Paid for the Fiscal Year Ended October 31 | Advisory Fees Waived for the Fiscal Year Ended October 31 | ||||
Fund | 2022 | 2021 | 2020 | 2022 | 2021 | 2020 |
Invesco Active U.S. Real Estate Fund | $446,984 | $379,777 | $374,794 | $(38) | $(34) | $(139) |
Invesco Balanced Multi-Asset Allocation ETF | $14,639 | $6,925 | $2,972 | $(3) | $(2) | $(7) |
Invesco Conservative Multi-Asset Allocation ETF | $7,247 | $5,036 | $2,861 | $(2) | $(2) | $(7) |
Invesco Growth Multi-Asset Allocation ETF | $11,331 | $6,206 | $2,655 | $(2) | $(1) | $(7) |
Invesco High Yield Bond Factor ETF | $149,917 | $130,606 | N/A | $(153) | $(156) | N/A |
Invesco Moderately Conservative Multi-Asset Allocation ETF | $11,341 | $4,706 | $2,947 | $(2) | $(1) | $(9) |
Invesco S&P 500® Downside Hedged ETF | $1,232,904 | $666,293 | $220,406 | $(45,429) | $(15,020) | $(30,648) |
Invesco Total Return Bond ETF | $4,728,333 | $3,504,575 | $1,426,589 | $0 | $0 | $0 |
Invesco Ultra Short Duration ETF | $5,014,910 | $6,043,257 | $5,367,215 | $0 | $0 | $0 |
Invesco Variable Rate Investment Grade ETF | $1,747,083 | $1,396,703 | $1,132,265 | $(3,790) | $(902) | $(21,720) |
Fund | October 31, 2022 | October 31, 2021 | October 31, 2020 |
Invesco Ultra Short Duration ETF | $218,188 | $233,601 | $192,081 |
| 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 Active U.S. Real Estate ETF | $40,252 | $344 | $5,584 | $0.00 | $0.00 | $31,218 | $0.00 | $37,146 | $3,106 |
Invesco Balanced Multi-Asset Allocation ETF | $12,296 | $4,174 | $1,575 | $0.00 | $0.00 | $(31,037) | $0.00 | $(25,288) | $37,584 |
Invesco Conservative Multi-Asset Allocation ETF | $9,555 | $2,738 | $1,275 | $0.00 | $0.00 | $(19,113) | $0.00 | $(15,100) | $24,655 |
Invesco Growth Multi- Asset Allocation ETF | $4,411 | $2,809 | $960 | $0.00 | $0.00 | $(24,651) | $0.00 | $(20,882) | $25,293 |
Invesco High Yield Bond Factor ETF | $25,179 | $1,167 | $2,355 | $0.00 | $0.00 | $11,116 | $0.00 | $14,638 | $10,541 |
Invesco Moderately Conservative Multi- Asset Allocation ETF | $13,674 | $3,743 | $1,734 | $0.00 | $0.00 | $(25,510) | $0.00 | $(20,033) | $33,707 |
Invesco S&P 500® Downside Hedged ETF | $3,730 | $20 | $1,723 | $0.00 | $0.00 | $1,798 | $0.00 | $3,541 | $189 |
Invesco Total Return Bond ETF | $806,747 | $26,844 | $67,400 | $0.00 | $0.00 | $470,734 | $0.00 | $564,978 | $241,769 |
Invesco Ultra Short Duration ETF | $30,703 | $1,371 | $3,481 | $0.00 | $0.00 | $13,512 | $0.00 | $18,364 | $12,339 |
Invesco Variable Rate Investment Grade ETF | $167,058 | $3,426 | $12,245 | $0.00 | $0.00 | $120,528 | $0.00 | $136,199 | $30,859 |
| 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 Active U.S. Real Estate ETF | $48,414 | $115 | $0.00 | $467 | $0.00 | $42,591 | $0.00 | $43,173 | $5,241 |
Invesco Balanced Multi-Asset Allocation ETF | $9,590 | $1,356 | $0.00 | $5,430 | $0.00 | $(58,877) | $0.00 | $(52,091) | $61,681 |
Invesco Conservative Multi-Asset Allocation ETF | $6,519 | $502 | $0.00 | $2,014 | $0.00 | $(20,360) | $0.00 | $(17,844) | $24,363 |
Invesco Growth Multi- Asset Allocation ETF | $7,742 | $995 | $0.00 | $3,986 | $0.00 | $(43,681) | $0.00 | $(38,699) | $46,441 |
Invesco Moderately Conservative Multi- Asset Allocation ETF | $10,094 | $890 | $0.00 | $3,567 | $0.00 | $(36,172) | $0.00 | $(31,715) | $41,809 |
Invesco S&P 500® Downside Hedged ETF | $22,261 | $67 | $0.00 | $281 | $0.00 | $18,644 | $0.00 | $18,992 | $3,269 |
| 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 | 2022 | 2021 | 2020 | 2022 | 2021 | 2020 | 2022 | 2022 |
Invesco Active U.S. Real Estate ETF | $32,097 | $33,313 | $31,003 | $22,557 | $16,485 | $11,739 | 70.28% | 78.49% |
Invesco Balanced Multi-Asset Allocation ETF | $4,747 | $2,190 | $2,262 | $104 | $0 | $25 | 2.19% | 2.08% |
Invesco Conservative Multi-Asset Allocation ETF | $2,218 | $2,003 | $1,843 | $229 | $0 | $17 | 10.34% | 11.76% |
Invesco Growth Multi-Asset Allocation ETF | $3,537 | $1,603 | $1,517 | $103 | $0 | $21 | 2.92% | 5.15% |
Invesco High Yield Bond Factor ETF | $1,506 | $713 | $0 | $0 | $0 | $0 | 0.00% | 0.00% |
Invesco Moderately Conservative Multi-Asset Allocation ETF | $3,951 | $1,553 | $2,209 | $92 | $0 | $22 | 2.32% | 2.44% |
Invesco S&P 500® Downside Hedged ETF | $530,054 | $182,173 | $109,455 | $264,241 | $52,230 | $27,191 | 49.86% | 46.54% |
Invesco Total Return Bond ETF | $83,361 | $83,853 | $19,550 | $0 | $0 | $0 | 0.00% | 0.00% |
Invesco Ultra Short Duration ETF | $0 | $0 | $0 | $0 | $0 | $0 | 0.00% | 0.00% |
Invesco Variable Rate Investment Grade ETF | $0 | $700 | $3,700 | $0 | $0 | $0 | 0.00% | 0.00% |
Fund | Base Administrative Fee (Payable to BNYM) | Maximum Administrative Fee (Payable To BNYM) |
Invesco Active U.S. Real Estate ETF | $500 | $2,000 |
Invesco Balanced Multi-Asset Allocation ETF | $500 | $2,000 |
Invesco Conservative Multi-Asset Allocation ETF | $500 | $2,000 |
Invesco Growth Multi-Asset Allocation ETF | $500 | $2,000 |
Invesco High Yield Bond Factor ETF | $400 | $1,600 |
Invesco Moderately Conservative Multi- Asset Allocation ETF | $500 | $2,000 |
Invesco S&P 500® Downside Hedged ETF | $500 | $2,000 |
Invesco Total Return Bond ETF | $500 | $2,000 |
Invesco Ultra Short Duration ETF | $500 | $2,000 |
Invesco Variable Rate Investment Grade ETF | $500 | $2,000 |
| | |
I. | Introduction | A-1 |
A. | Our Commitment to Environmental, Social and Governance Investment Stewardship and Proxy Voting | A-1 |
B. | Applicability of Policy | A-2 |
| | |
II. | Global Proxy Voting Operational Procedures | A-3 |
A. | Proprietary Proxy Voting Platform | A-3 |
B. | Oversight of Voting Operations | A-3 |
C. | Disclosures and Recordkeeping | A-3 |
D. | Global Invesco Proxy Advisory Committee | A-4 |
E. | Market and Operational Limitations | A-5 |
F. | Securities Lending | A-5 |
G. | Conflicts of Interest | A-5 |
H. | Use of Proxy Advisory Services | A-7 |
I. | Review of Policy | A-7 |
| | |
III. | Our Good Governance Principles | A-8 |
A. | Transparency | A-8 |
B. | Accountability | A-8 |
C. | Board Composition and Effectiveness | A-11 |
D. | Long-Term Stewardship of Capital | A-12 |
E. | Environmental, Social and Governance Risk Oversight | A-13 |
F. | Executive Compensation and Alignment | A-14 |
| Exhibit A | A-16 |
| Invesco Focused Discovery Growth ETF | Cboe BZX Exchange, Inc. |
Management
Fees |
|
| |
Other
Expenses |
|
| |
Total
Annual Fund Operating Expenses |
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
| Period Ended | Returns |
Best Quarter | | |
Worst Quarter | | - |
| Inception Date | 1 Year | Since Inception |
Return Before Taxes | | - | - |
Return After Taxes on Distributions | | - | - |
Return After Taxes on Distributions and Sale of Fund Shares | | - | - |
| |||
Russell Midcap® Growth Index fees, expenses or taxes) | | - | - |
|
Name | Title with Sub-Adviser | Date Began Managing the Fund |
Ronald J. Zibellli, Jr. | Portfolio Manager (Lead) of the Sub-Adviser | December 2020 |
| ||
Hung Hoang | Portfolio Manager of the Sub-Adviser | December 2020 |
| ||
Justin Livengood | Portfolio Manager of the Sub-Adviser | December 2020 |
|
| Year Ended October 31, 2022 | For the Period December 17, 2020(a) Through October 31, 2021 |
Per Share Operating Performance: | | |
Net asset value at beginning of period | $14.24 | $12.00 |
Net investment income (loss)(b) | (0.00)(c) | (0.04) |
Net realized and unrealized gain (loss) on investments | (4.20) | 2.28 |
Total from investment operations | (4.20) | 2.24 |
Net asset value at end of period | $10.04 | $14.24 |
Market price at end of period(d) | $10.03 | $14.25 |
Net Asset Value Total Return(e) | (29.49)% | 18.67%(f) |
Market Price Total Return(e) | (29.61)% | 18.75%(f) |
Ratios/Supplemental Data: | | |
Net assets at end of period (000’s omitted) | $602 | $1,139 |
Ratio to average net assets of: | | |
Expenses | 0.59% | 0.58%(g) |
Net investment income (loss) | (0.04)% | (0.36)%(g) |
Portfolio turnover rate(h) | 157% | 135% |
(a) | Commencement of investment operations. |
(b) | Based on average shares outstanding. |
(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) | The net asset value total return from Fund Inception (December 22, 2020, the first day of trading on the exchange) to October 31, 2021 was 16.53%. The market price total return from Fund Inception to October 31, 2021 was 16.61%. |
(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 Actively Managed Exchange-Traded Fund Trust c/o Invesco Distributors, Inc. 11 Greenway Plaza, Suite 1000 Houston, Texas 77046-1173 |
Visit: | www.invesco.com/ETFs |
| Invesco Real Assets ESG ETF | Cboe BZX Exchange, Inc. |
Management
Fees |
|
| |
Other
Expenses |
|
| |
Total
Annual Fund Operating Expenses |
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
| Period Ended | Returns |
Best Quarter | | |
Worst Quarter | | - |
| Inception Date | 1 Year | Since Inception |
Return Before Taxes | | - | |
Return After Taxes on Distributions | | - | |
Return After Taxes on Distributions and Sale of Fund Shares | | - | |
| |||
S&P U.S., Canada & Mexico Real Assets Equity Index | | - | |
| |||
S&P 500® Index (reflects no deduction for fees, expenses or taxes) | | - | |
|
Name | Title with Sub-Adviser | Date Began Managing the Fund |
James Cowen | Portfolio Manager of the Sub-Adviser | December 2020 |
| ||
Grant Jackson | Portfolio Manager of the Sub-Adviser | December 2020 |
| ||
Jim Pfertner | Portfolio Manager of the Sub-Adviser | December 2020 |
| ||
Darin Turner | Portfolio Manager of the Sub-Adviser | December 2020 |
| ||
Ping-Ying Wang | Portfolio Manager of the Sub-Adviser | December 2020 |
|
| Year Ended October 31, 2022 | For the Period December 17, 2020(a) Through October 31, 2021 |
Per Share Operating Performance: | | |
Net asset value at beginning of period | $14.88 | $12.00 |
Net investment income(b) | 0.29 | 0.22 |
Net realized and unrealized gain (loss) on investments | (1.43) | 3.04 |
Total from investment operations | (1.14) | 3.26 |
Distributions to shareholders from: | | |
Net investment income | (0.29) | (0.38) |
Net realized gains | (0.40) | - |
Total distributions | (0.69) | (0.38) |
Net asset value at end of period | $13.05 | $14.88 |
Market price at end of period(c) | $13.10 | $14.96 |
Net Asset Value Total Return(d) | (8.01)% | 27.65%(e) |
Market Price Total Return(d) | (8.16)% | 28.33%(e) |
Ratios/Supplemental Data: | | |
Net assets at end of period (000’s omitted) | $3,002 | $1,934 |
Ratio to average net assets of: | | |
Expenses | 0.59% | 0.60%(f) |
Net investment income | 2.02% | 1.86%(f) |
Portfolio turnover rate(g) | 82% | 52% |
(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 22, 2020, the first day of trading on the exchange) to October 31, 2021 was 32.40%. The market price total return from Fund Inception to October 31, 2021 was 32.53%. |
(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. |
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 Actively Managed Exchange-Traded Fund Trust c/o Invesco Distributors, Inc. 11 Greenway Plaza, Suite 1000 Houston, Texas 77046-1173 |
Visit: | www.invesco.com/ETFs |
| Invesco Select Growth ETF | Cboe BZX Exchange, Inc. |
Management
Fees |
|
| |
Other
Expenses |
|
| |
Total
Annual Fund Operating Expenses |
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
| Period Ended | Returns |
Best Quarter | | |
Worst Quarter | | - |
| Inception Date | 1 Year | Since Inception |
Return Before Taxes | | - | - |
Return After Taxes on Distributions | | - | - |
Return After Taxes on Distributions and Sale of Fund Shares | | - | - |
| |||
Russell 1000® Growth Index fees, expenses or taxes) | | - | - |
|
Name | Title with Sub-Adviser | Date Began Managing the Fund |
Erik Voss* | Portfolio Manager (Lead) of the Sub-Adviser | December 2020 |
| ||
Ido Cohen | Portfolio Manager of the Sub-Adviser | December 2020 |
|
| Year Ended October 31, 2022 | For the Period December 17, 2020(a) Through October 31, 2021 |
Per Share Operating Performance: | | |
Net asset value at beginning of period | $14.27 | $12.00 |
Net investment income (loss)(b) | 0.01 | (0.01) |
Net realized and unrealized gain (loss) on investments | (4.43) | 2.28 |
Total from investment operations | (4.42) | 2.27 |
Distributions to shareholders from: | | |
Net investment income | (0.01) | - |
Net asset value at end of period | $9.84 | $14.27 |
Market price at end of period(c) | $9.84 | $14.26 |
Net Asset Value Total Return(d) | (30.97)% | 18.93%(e) |
Market Price Total Return(d) | (30.93)% | 18.84%(e) |
Ratios/Supplemental Data: | | |
Net assets at end of period (000’s omitted) | $984 | $1,427 |
Ratio to average net assets of: | | |
Expenses | 0.48% | 0.47%(f) |
Net investment income (loss) | 0.10% | (0.05)%(f) |
Portfolio turnover rate(g) | 113% | 33% |
(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 22, 2020, the first day of trading on the exchange) to October 31, 2021 was 18.93%. The market price total return from Fund Inception to October 31, 2021 was 18.65%. |
(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. |
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 Actively Managed Exchange-Traded Fund Trust c/o Invesco Distributors, Inc. 11 Greenway Plaza, Suite 1000 Houston, Texas 77046-1173 |
Visit: | www.invesco.com/ETFs |
| Invesco US Large Cap Core ESG ETF | Cboe BZX Exchange, Inc. |
Management
Fees |
|
| |
Other
Expenses |
|
| |
Total
Annual Fund Operating Expenses |
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
| Period Ended | Returns |
Best Quarter | | |
Worst Quarter | | - |
| Inception Date | 1 Year | Since Inception |
Return Before Taxes | | - | |
Return After Taxes on Distributions | | - | |
Return After Taxes on Distributions and Sale of Fund Shares | | - | |
| |||
S&P 500® Index expenses or taxes) | | - | |
|
Name
|
Title
with Sub-Adviser |
Date
Began
Managing
the
Fund |
Belinda
Cavazos |
Portfolio
Manager of the
Sub-Adviser
|
December
2020 |
| ||
Mani
Govil |
Portfolio
Manager of the
Sub-Adviser
|
December
2020 |
| ||
Raman
Vardharaj |
Portfolio
Manager of the
Sub-Adviser
|
December
2020 |
|
|
Year
Ended
October
31,
2022
|
For
the Period
December
17, 2020(a)
Through
October
31,
2021
|
Per
Share Operating Performance: |
|
|
Net
asset value at beginning of period |
$14.79
|
$12.00
|
Net
investment income(b)
|
0.11
|
0.10
|
Net
realized and unrealized gain (loss) on investments |
(2.80)
|
2.78
|
Total
from investment operations |
(2.69)
|
2.88
|
Distributions
to shareholders from: |
|
|
Net
investment income |
(0.11)
|
(0.09)
|
Net
realized gains |
(0.08)
|
-
|
Total
distributions |
(0.19)
|
(0.09)
|
Net
asset value at end of period |
$11.91
|
$14.79
|
Market
price at end of period(c)
|
$11.90
|
$14.78
|
Net
Asset Value Total Return(d)
|
(18.36)%
|
24.07%(e)
|
Market
Price Total Return(d)
|
(18.37)%
|
23.98%(e)
|
Ratios/Supplemental
Data: |
|
|
Net
assets at end of period (000’s omitted) |
$5,598
|
$6,950
|
Ratio
to average net assets of: |
|
|
Expenses
|
0.48%
|
0.47%(f)
|
Net
investment income |
0.83%
|
0.82%(f)
|
Portfolio
turnover rate(g)
|
18%
|
50%
|
(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 22, 2020, the first day of trading on the exchange) to October 31, 2021 was
25.01%. The market price total return from Fund Inception
to October 31, 2021 was 24.82%. |
(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. |
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
Actively Managed Exchange-Traded Fund Trust
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
Focused Discovery Growth ETF |
Cboe
BZX Exchange, Inc. |
IVDG
|
Invesco
Real Assets ESG ETF |
Cboe
BZX Exchange, Inc. |
IVRA
|
Invesco
Select Growth ETF |
Cboe
BZX Exchange, Inc. |
IVSG
|
Invesco
US Large Cap Core ESG ETF |
Cboe
BZX Exchange, Inc. |
IVLC
|
|
Page
|
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| |
2
| |
3
| |
4
| |
18
| |
18
| |
19
| |
43
| |
46
| |
50
| |
50
| |
50
| |
50
| |
52
| |
53
| |
54
| |
54
| |
55
| |
56
| |
56
| |
56
| |
57
| |
67
| |
68
| |
69
| |
69
| |
A-1
|
Fund
|
2022
|
20211
|
Invesco
Real Assets ESG ETF2
|
82%
|
52%
|
Invesco
Select Growth ETF3
|
113%
|
33%
|
Invesco
US Large Cap Core ESG ETF3
|
18%
|
50%
|
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
the 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
Chair of
the
Board;
Chair
of the
Nominating
and
Governance
Committee
and
Trustee
|
Vice
Chair since
2018;
Chair of
the
Nominating
and
Governance
Committee
and
Trustee
since
2008
|
Founder
and Principal,
YQA
Capital Management
LLC
(1998-Present);
formerly,
Owner/CEO of
Electronic
Dynamic
Balancing
Co., Inc. (high-
speed
rotating equipment
service
provider). |
230
|
Chair
(since 2021) and
member
(since 2017)
of
the Joint Investment
Committee,
Mission
Aviation
Fellowship
and
MAF Foundation;
Trustee,
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 |
Formerly,
Assistant
Professor
of Business,
Trinity
Christian
College (2010-2016);
Vice
President
and Senior
Investment
Strategist
(2001-2008),
Director of
Open
Architecture and |
230
|
None.
|
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
the Past 5 Years |
Number
of
Portfolios
in
Fund
Complex
Overseen
by
Independent
Trustees
|
Other
Directorships
Held
by
Independent
Trustees
During
the Past 5 Years |
|
|
|
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.
|
|
|
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, First
Eagle
Alternative Credit
LLC
(2020-Present);
Advisory
Board Member,
Massachusetts
Institute of
Technology
Lincoln
Laboratory
(federally-
funded
research
development)
(2010-
Present);
Defense
Advisory
Board Member,
Lawrence
Livermore
National
Laboratory (2013-
Present);
formerly,
Director,
The Boeing
Company
(2009-2021);
Trustee,
MITRE
Corporation
(federally
funded
research
development)
(2008-
2020);
Director, THL
Credit,
Inc. (alternative
credit
investment
manager)
(2016-2020);
Chair
(2015-2016), Lead
Director
(2011-2015) and
Director
(2008-2011),
Monster
Worldwide, Inc.
(career
services); 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).
|
230
|
Trustee,
U.S. Naval
Academy
Foundation
Athletic
& Scholarship
Program
(2010-
Present);
formerly,
Trustee,
certain funds
of
the Oppenheimer
Funds
complex (2013-
2019);
Advisory Board
Member,
Maxwell
School
of Citizenship
and
Public Affairs of
Syracuse
University
(2012-2016).
|
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
the Past 5 Years |
Number
of
Portfolios
in
Fund
Complex
Overseen
by
Independent
Trustees
|
Other
Directorships
Held
by
Independent
Trustees
During
the Past 5 Years |
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). |
230
|
Trustee
Emerita (2017-
present),
Trustee
(2000-2017)
and Chair
(2010-2017),
Newberry
Library;
Trustee,
Chikaming
Open
Lands
(2014-Present);
Member
(2002-
present),
Rockefeller
Trust
Committee;
formerly,
Trustee,
Mather
LifeWays
(2001-2021);
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). |
Marc
M. Kole—1960
c/o
Invesco Capital
Management
LLC
3500
Lacey Road,
Suite
700
Downers
Grove, IL 60515 |
Chair
of the
Audit
Committee
and
Trustee |
Chair
of the
Audit
Committee
and
Trustee
since
2008 |
Formerly,
Managing
Director
of Finance (2020-
2021)
and Senior Director
of
Finance (2015-2020),
By
The Hand Club for
Kids
(not-for-profit); 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). |
230
|
Formerly,
Treasurer
(2018-2021),
Finance
Committee
Member
(2015-2021)
and Audit
Committee
Member
(2015),
Thornapple
Evangelical
Covenant
Church;
Board and
Finance
Committee
Member
(2009-2017)
and
Treasurer (2010-
2015,
2017),
NorthPointe
Christian
Schools.
|
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
the Past 5 Years |
Number
of
Portfolios
in
Fund
Complex
Overseen
by
Independent
Trustees
|
Other
Directorships
Held
by
Independent
Trustees
During
the Past 5 Years |
Yung
Bong Lim—1964
c/o
Invesco Capital
Management
LLC
3500
Lacey Road,
Suite
700
Downers
Grove, IL 60515 |
Chair
of the
Investment
Oversight
Committee
and
Trustee
|
Chair
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). |
230
|
Board
Director, Beacon
Power
Services, Corp.
(2019-Present);
formerly,
Advisory
Board
Member,
Performance
Trust
Capital
Partners, LLC
(2008-2020).
|
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
Oversight
Committee,
Long
Term Capital
Management
(1998-1999),
Morgan
Stanley. |
230
|
Board
Director, Horizon
Blue
Cross Blue Shield
of
New Jersey (2012-
Present);
Governing
Council
Member
(2016-Present)
and
Chair
of Education
Committee
(2017-
2021),
Independent
Directors
Council
(IDC);
Council
Member,
New York-
Presbyterian
Hospital’s
Leadership
Council on
Children’s
and
Women’s
Health
(2012-Present);
formerly,
Advisory
Board
Director, The
Alberleen
Group LLC
(2012-2021);
Board
Member,
100 Women
in
Finance (2015-
2020);
Trustee, certain
funds
in the
Oppenheimer
Funds
complex
(2012-2019);
Lead
Independent
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 |
Trustee
|
Since
2013 |
Senior
Vice President of
Global
Finance and Chief
Financial
Officer, RBC |
230
|
Board
Member and
Treasurer,
Our Daily
Bread
Ministries |
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
the Past 5 Years |
Number
of
Portfolios
in
Fund
Complex
Overseen
by
Independent
Trustees
|
Other
Directorships
Held
by
Independent
Trustees
During
the Past 5 Years |
3500
Lacey Road,
Suite
700
Downers
Grove, IL 60515 |
|
|
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.
|
|
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 |
Chair
of the
Board
and
Trustee
|
Chair
since
2012;
Trustee
since
2008 |
Chair,
President and Chief
Executive
Officer,
McHenry
Bancorp Inc. and
McHenry
Savings Bank
(subsidiary)
(2018-
Present);
formerly, Chair
and
Chief Executive
Officer,
Stone Pillar
Advisors,
Ltd. (2010-
2017);
President and
Chief
Executive Officer,
Stone
Pillar Investments,
Ltd.
(advisory services to
the
financial sector) (2016-
2018);
Chair, 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, |
230
|
Director,
Penfield
Children’s
Center
(2004-Present);
Board
Chair,
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
the Past 5 Years |
Number
of
Portfolios
in
Fund
Complex
Overseen
by
Independent
Trustees
|
Other
Directorships
Held
by
Independent
Trustees
During
the Past 5 Years |
|
|
|
Marshall &
Ilsley Corp.
(bank
holding company)
(1995-2006).
|
|
|
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
the Past 5 Years |
Number
of
Portfolios
in
Fund
Complex
Overseen
by
Interested
Trustee
|
Other
Directorships
Held
by
Interested
Trustee
During
the Past 5 Years |
Anna
Paglia—1974
Invesco
Capital
Management
LLC
3500
Lacey Road
Suite700
Downers
Grove, IL 60515 |
Trustee,
President
and
Principal
Executive
Officer
|
Trustee
since
2022;
President
and
Principal
Executive
Officer
since
2020
|
President
and Principal
Executive
Officer (2020-
Present)
and Trustee
(2022-present),
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;
Managing
Director and
Global
Head of ETFs and
Indexed
Strategies, Chief
Executive
Officer and
Principal
Executive Officer,
Invesco
Capital
Management
LLC (2020-
Present);
Chief Executive
Officer,
Manager and
Principal
Executive Officer,
Invesco
Specialized
Products,
LLC (2020-
Present);
formerly, Vice
President,
Invesco
Indexing
LLC (2020-2022);
Secretary,
Invesco
Exchange-Traded
Fund
Trust,
Invesco Exchange-
Traded
Fund Trust II,
Invesco
India Exchange-
Traded
Fund Trust and
Invesco
Actively Managed |
230
|
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
the Past 5 Years |
Number
of
Portfolios
in
Fund
Complex
Overseen
by
Interested
Trustee
|
Other
Directorships
Held
by
Interested
Trustee
During
the Past 5 Years |
|
|
|
Exchange-Traded
Fund
Trust
(2011-2020),
Invesco
Actively Managed
Exchange-Traded
Commodity
Fund Trust
(2014-2020)
and Invesco
Exchange-Traded
Self-
Indexed
Fund Trust (2015-
2020);
Head of Legal
(2010-2020)
and
Secretary
(2015-2020),
Invesco
Capital
Management
LLC;
Manager
and Assistant
Secretary,
Invesco
Indexing
LLC (2017-2020);
Head
of Legal and
Secretary,
Invesco
Specialized
Products, LLC
(2018-2020);
Partner, K&L
Gates
LLP (formerly, Bell
Boyd
& Lloyd LLP) (2007-
2010);
and Associate
Counsel
at Barclays
Global
Investors
Ltd. (2004-2006).
|
|
|
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 |
Adrien
Deberghes — 1967
Invesco
Capital
Management
LLC,
11
Greenway Plaza
Suite
1000
Houston,
TX 77046 |
Vice
President |
Since
2020 |
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,
Invesco Actively Managed Exchange-Traded Commodity
Fund
Trust and Invesco Exchange-Traded Self-Indexed Fund
Trust
(2020-Present); Head of the Fund Office of the CFO, Fund
Administration
and Vice President, Invesco Advisers, Inc. (2020-
Present);
Principal Financial Officer, Treasurer and Vice President,
The
Invesco Funds (2020-Present); formerly, Senior Vice
President
and Treasurer, Fidelity Investments (2008-2020). |
Kelli
Gallegos — 1970
Invesco
Capital
Management
LLC,
11
Greenway Plaza
Suite
1000
Houston,
TX 77046 |
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 and Assistant Treasurer (2008-Present), |
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 |
|
|
|
The
Invesco Funds; formerly, Principal Financial Officer (2016-
2020)
and Assistant Vice President (2008-2016), The Invesco
Funds;
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);
and Assistant Treasurer, Invesco Capital Management LLC
(2013-2018).
|
Adam
Henkel — 1980
Invesco
Capital
Management
LLC
3500
Lacey Road
Suite
700
Downers
Grove, IL 60515 |
Secretary
|
Since
2020 |
Head
of Legal and Secretary, Invesco Capital Management LLC
and
Invesco Specialized Products, LLC (2020-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, Invesco Actively
Managed
Exchange-Traded Commodity Fund Trust and Invesco
Exchange-Traded
Self-Indexed Fund Trust (2020-Present);
Assistant
Secretary, Invesco Capital Markets, Inc. (2020-Present);
Assistant
Secretary, The Invesco Funds (2014-Present); Manager
(2020-Present)
and Secretary (2022-Present), Invesco Indexing
LLC;
Assistant Secretary, Invesco Investment Advisers LLC
(2020-Present);
formerly, Assistant Secretary of 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 Commodity Fund Trust
(2014-2020);
Chief Compliance Officer of Invesco Capital
Management
LLC (2017); Chief Compliance Officer of 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 Commodity Fund Trust
(2017);
Senior Counsel, Invesco, Ltd. (2013-2020); Assistant
Secretary,
Invesco Specialized Products, LLC (2018-2020). |
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); Vice President, Invesco
Advisers,
Inc. (2020-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,
11
Greenway Plaza
Suite
1000
Houston,
TX 77046 |
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);
Senior
Vice President, Invesco Advisers, Inc. (formerly known as
Invesco
Institutional (N.A.), Inc.) (registered investment adviser)
(2020-Present);
Director, Invesco Trust Company (2022-Present);
and
Vice President, Invesco Exchange-Traded Fund Trust, |
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 |
|
|
|
Invesco
Exchange-Traded Fund Trust II, Invesco India Exchange-
Traded
Fund Trust, Invesco Actively Managed Exchange-Traded
Fund
Trust (2012-Present), Invesco Actively Managed Exchange-
Traded
Commodity Fund Trust (2014-Present) and Invesco
Exchange-Traded
Self-Indexed Fund Trust (2016-Present);
formerly,
Treasurer (2008-2020), 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.; Treasurer, 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.;
Vice President, Invesco Advisers, Inc. (2009-2020). |
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). |
Name
of Trustee |
Dollar
Range of Equity Securities Per Fund |
Aggregate
Dollar Range of
Equity
Securities in All
Registered
Investment
Companies
Overseen by
Trustee
in Fund Family |
Independent
Trustees |
|
|
Ronn
R. Bagge |
None
|
Over
$100,000 |
|
|
|
Todd
J. Barre |
None
|
Over
$100,000 |
|
|
|
Name
of Trustee |
Dollar
Range of Equity Securities Per Fund |
Aggregate
Dollar Range of
Equity
Securities in All
Registered
Investment
Companies
Overseen by
Trustee
in Fund Family |
Edmund
P. Giambastiani, Jr. |
None
|
$50,001-$100,000
|
|
|
|
Victoria
J. Herget |
None
|
Over
$100,000 |
|
|
|
Marc
M. Kole |
None
|
Over
$100,000 |
|
|
|
Yung
Bong Lim |
None
|
Over
$100,000 |
|
|
|
Joanne
Pace |
None
|
Over
$100,000 |
|
|
|
Gary
R. Wicker |
None
|
Over
$100,000 |
|
|
|
Donald
H. Wilson |
None
|
Over
$100,000 |
|
|
|
Interested
Trustee |
|
|
Anna
Paglia |
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 |
$16,313
|
N/A
|
$365,000
|
Todd
J. Barre |
$15,419
|
N/A
|
$345,000
|
Edmund
P. Giambastiani, Jr. |
$15,419
|
N/A
|
$345,000
|
Victoria
J. Herget |
$15,419
|
N/A
|
$345,000
|
Marc
M. Kole |
$16,985
|
N/A
|
$380,000
|
Yung
Bong Lim |
$16,313
|
N/A
|
$365,000
|
Joanne
Pace |
$15,419
|
N/A
|
$345,000
|
Gary
R. Wicker |
$15,419
|
N/A
|
$345,000
|
Donald
H. Wilson |
$20,784
|
N/A
|
$465,000
|
Interested
Trustee |
|
|
|
Kevin
Carome(2)
|
N/A
|
N/A
|
N/A
|
Anna
Paglia(3)
|
N/A
|
N/A
|
N/A
|
Name
& Address |
%
Owned |
National
Financial Services LLC
200
Liberty Street
New
York, NY 10281 |
19.68%
|
Vanguard
455
Devon Park Drive
Wayne,
PA 19087 |
18.38%
|
Charles
Schwab & Co., Inc.
211
Main Street
San
Francisco, CA 94105 |
13.52%
|
Robinhood
Securities LLC
500
Colonial Center Pkwy Ste 100
Lake
Mary, FL 32746 |
12.19%
|
Bank
of America
100
N Tryon St
Charlotte,
NC 28255 |
10.82%
|
E*Trade
Securities LLC
Harborside
2
200
Hudson Street, Suite 501
Jersey
City, NJ 07311 |
8.20%
|
Name
& Address |
%
Owned |
National
Financial Services LLC
200
Liberty Street
New
York, NY 10281 |
32.80%
|
J.P.
Morgan Securities LLC/JPMC
383
Madison Avenue
New
York, NY 10179 |
25.90%
|
Pershing
1
Pershing Plaza
Jersey
City, NJ 07399 |
23.65%
|
Robinhood
Securities LLC
500
Colonial Center Pkwy., Ste. 100
Lake
Mary, FL 32746 |
5.15%
|
Name
& Address |
%
Owned |
Pershing
1
Pershing Plaza
Jersey
City, NJ 07399 |
46.97%
|
National
Financial Services LLC
200
Liberty Street
New
York, NY 10281 |
13.59%
|
Robinhood
Securities LLC
500
Colonial Center Pkwy., Ste. 100
Lake
Mary, FL 32746 |
13.53%
|
E*Trade
Securities LLC
Harborside
2
200
Hudson Street, Suite 501
Jersey
City, NJ 07311 |
10.72%
|
Name
& Address |
%
Owned |
State
Street
One
Lincoln Street
Boston,
MA 02111 |
74.95%
|
National
Financial Services LLC
200
Liberty Street
New
York, NY 10281 |
14.43%
|
Bank
of America
100
N Tryon St
Charlotte,
NC 28255 |
6.97%
|
Sub-Adviser
|
Performance
Time Period (1) |
Invesco
Advisers(2)
|
One-,
Three- and Five-year performance
against
Fund peer group. |
Fund
|
Advisory
Fee |
Invesco
Focused Discovery Growth ETF |
0.59%
|
Invesco
Real Assets ESG ETF |
0.59%
|
Invesco
Select Growth ETF |
0.48%
|
Invesco
US Large Cap Core ESG ETF |
0.48%
|
|
Advisory
Fees Paid for the
Fiscal
Year Ended October 31 |
Advisory
Fees Waived for the
Fiscal
Year Ended October 31 | ||
Fund
|
2022
|
2021
|
2022
|
2021
|
Invesco
Focused Discovery Growth ETF1
|
$4,920
|
$6,535
|
$(14)
|
$0
|
Invesco
Real Assets ESG ETF1
|
$17,263
|
$7,914
|
$(12)
|
$0
|
Invesco
Select Growth ETF1
|
$5,670
|
$5,404
|
$(4)
|
$0
|
Invesco
US Large Cap Core ESG ETF1
|
$30,679
|
$18,301
|
$(5)
|
$0
|
|
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
Focused
Discovery
Growth ETF |
$1.03
|
$0.00
|
$1.00
|
$0.00
|
$0.00
|
($0.01)
|
$0.00
|
$0.99
|
$0.04
|
Invesco
Real Assets
ESG
ETF |
$457.97
|
$23.96
|
$57.00
|
$0.00
|
$0.00
|
$159.79
|
$0.00
|
$240.75
|
$217.22
|
Invesco
Select Growth
ETF
|
$1.88
|
$0.10
|
$1.00
|
$0.00
|
$0.00
|
($0.24)
|
$0.00
|
$0.86
|
$1.02
|
Invesco
US Large Cap
Core
ESG ETF |
$155.44
|
$0.83
|
$38.00
|
$0.00
|
$0.00
|
$109.01
|
$0.00
|
$147.84
|
$7.60
|
|
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
Focused
Discovery
Growth ETF |
$1.00
|
$0.02
|
$0.00
|
$0.11
|
$0.00
|
($0.25)
|
$0.00
|
($0.12)
|
$1.12
|
Invesco
Real Assets
ESG
ETF |
$612.39
|
$0.83
|
$0.00
|
$3.82
|
$0.00
|
$566.12
|
$0.00
|
$570.77
|
$41.62
|
Invesco
Select Growth
ETF
|
$11.71
|
$0.01
|
$0.00
|
$0.13
|
$0.00
|
$10.23
|
$0.00
|
$10.37
|
$1.34
|
Invesco
US Large Cap
Core
ESG ETF |
$437.38
|
$0.87
|
$0.00
|
$3.89
|
$0.00
|
$389.94
|
$0.00
|
$394.70
|
$42.68
|
|
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
|
2022
|
2021
|
2022
|
2021
|
2022
|
2022
|
Invesco
Focused Discovery Growth ETF1
|
$279
|
$453
|
$0
|
$0
|
0.00%
|
0.00%
|
Invesco
Real Assets ESG ETF1
|
$2,122
|
$272
|
$0
|
$0
|
0.00%
|
0.00%
|
Invesco
Select Growth ETF1
|
$311
|
$163
|
$0
|
$0
|
0.00%
|
0.00%
|
Invesco
US Large Cap Core ESG ETF1
|
$390
|
$505
|
$0
|
$0
|
0.00%
|
0.00%
|
Fund
|
Base
Administrative
Fee
(Payable
to BNYM) |
Maximum
Administrative
Fee
(Payable
To BNYM) |
Invesco
Focused Discovery Growth ETF |
$250
|
$1,000
|
Invesco
Real Assets ESG ETF |
$250
|
$1,000
|
Invesco
Select Growth ETF |
$250
|
$1,000
|
Invesco
US Large Cap Core ESG ETF |
$250
|
$1,000
|
|
|
|
I.
|
Introduction
|
A-1
|
A.
|
Our
Commitment to Environmental, Social and Governance Investment Stewardship and
Proxy
Voting |
A-1
|
B.
|
Applicability
of Policy |
A-2
|
|
|
|
II.
|
Global
Proxy Voting Operational Procedures |
A-3
|
A.
|
Proprietary
Proxy Voting Platform |
A-3
|
B.
|
Oversight
of Voting Operations |
A-3
|
C.
|
Disclosures
and Recordkeeping |
A-3
|
D.
|
Global
Invesco Proxy Advisory Committee |
A-4
|
E.
|
Market
and Operational Limitations |
A-5
|
F.
|
Securities
Lending |
A-5
|
G.
|
Conflicts
of Interest |
A-5
|
H.
|
Use
of Proxy Advisory Services |
A-7
|
I.
|
Review
of Policy |
A-7
|
|
|
|
III.
|
Our
Good Governance Principles |
A-8
|
A.
|
Transparency
|
A-8
|
B.
|
Accountability
|
A-8
|
C.
|
Board
Composition and Effectiveness |
A-11
|
D.
|
Long-Term
Stewardship of Capital |
A-12
|
E.
|
Environmental,
Social and Governance Risk Oversight |
A-13
|
F.
|
Executive
Compensation and Alignment |
A-14
|
|
Exhibit
A |
A-16
|
Exhibit
Number
|
Description
| ||
(a)
|
(1)
|
(a)
|
|
|
|
(b)
|
|
|
(2)
|
|
|
(b)
|
|
|
|
(c)
|
(1)
|
|
|
|
(2)
|
|
|
(d)
|
(1)
|
(a)
|
|
|
|
(b)
|
|
|
(2)
|
(a)
|
|
|
|
(b)
|
|
|
(3)
|
(a)
|
|
|
|
(b)
|
|
|
|
(c)
|
|
|
(4)
|
(a)
|
|
|
|
(b)
|
|
|
(5)
|
|
|
(e)
|
(1)
|
(a)
|
|
|
|
(b)
|
|
|
|
(c)
|
|
(f)
|
|
|
Not
applicable. |
(g)
|
(1)
|
(a)
|
|
|
|
(b)
|
|
|
(2)
|
|
|
(h)
|
(1)
|
(a)
|
Exhibit
Number
|
Description
| ||
|
|
(b)
|
|
|
(2)
|
|
|
|
(3)
|
(a)
|
|
|
|
(b)
|
|
|
(4)
|
|
|
|
(5)
|
|
|
|
(6)
|
|
|
(i)
|
|
|
Consent
of Counsel - None. |
(j)
|
|
|
|
(k)
|
|
|
Not
applicable. |
(m)
|
|
|
Not
applicable. |
(n)
|
|
|
Not
applicable. |
(o)
|
|
|
Not
applicable. |
(p)
|
|
|
|
(q)
|
|
|
|
101.INS
|
XBRL
Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags
are
embedded within the inline XBRL document | ||
101.SCH
|
XBRL
Taxonomy Extension Schema Document | ||
101.CAL
|
XBRL
Taxonomy Extension Calculation Linkbase Document | ||
101.DEF
|
XBRL
Taxonomy Extension Definition Linkbase Document | ||
101.LAB
|
XBRL
Taxonomy Extension Labels Linkbase Document | ||
101.PRE
|
XBRL
Taxonomy Extension Presentation Linkbase Document |
NAME
AND PRINCIPAL
BUSINESS
ADDRESS* |
POSITIONS
AND OFFICES
WITH
REGISTRANT |
POSITIONS
AND OFFICES
WITH
UNDERWRITER |
John
McDonough
|
None
|
Director
and Chief Executive Officer
|
Clint
Harris
|
None
|
President
|
Ben
Utt
|
None
|
Executive
Vice President |
Terry
Gibson Vacheron
|
None
|
Executive
Vice President |
Mark
W. Gregson
|
None
|
Chief
Financial Officer and Financial and
Operations
Principal |
Trisha
B. Hancock
|
None
|
Chief
Compliance Officer and Senior
Vice
President |
Rocco
Benedetto
|
None
|
Senior
Vice President |
David
Borrelli
|
None
|
Senior
Vice President |
Ken
Brodsky
|
None
|
Senior
Vice President |
George
Fahey
|
None
|
Senior
Vice President |
Jay
Fortuna
|
None
|
Senior
Vice President |
John
Hoffman
|
None
|
Senior
Vice President |
Eliot
Honaker
|
None
|
Senior
Vice President |
Brian
Kiley
|
None
|
Senior
Vice President |
Brian
Levitt
|
None
|
Senior
Vice President |
Kevin
Neznek
|
None
|
Senior
Vice President |
Adam
Rochlin |
None
|
Senior
Vice President |
Benjamin
Stewart |
None
|
Senior
Vice President |
Paul
E. Temple |
None
|
Senior
Vice President |
Gary
K. Wendler |
None
|
Senior
Vice President, Director,
Marketing
Research & Analysis |
Donna
White |
None
|
Senior
Vice President |
Melanie
Ringold |
Chief
Legal Officer |
Secretary
|
Greg
Ketron |
None
|
Treasurer
|
Crissie
Wisdom |
Anti-Money
Laundering Compliance
Officer
|
Anti-Money
Laundering Compliance
Officer
|
John
M. Zerr |
None
|
Senior
Vice President |
1.
|
Invesco
Actively Managed Exchange-Traded Fund Trust
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
Actively Managed Exchange-Traded Fund Trust | |
By:
|
/s/
Anna Paglia |
|
Anna
Paglia |
Title:
|
President
and Trustee |
SIGNATURE
|
TITLE
|
DATE
|
/s/
Anna Paglia |
President
and Trustee |
February
27, 2023 |
Anna
Paglia |
|
|
/s/
Kelli Gallegos |
Treasurer
|
February
27, 2023 |
Kelli
Gallegos |
|
|
/s/
Adam Henkel |
Secretary
|
February
27, 2023 |
Adam
Henkel |
|
|
*/s/
Ronn R. Bagge |
Vice
Chairman and Trustee |
February
27, 2023 |
Ronn
R. Bagge |
|
|
*/s/
Todd J. Barre |
Trustee
|
February
27, 2023 |
Todd
J. Barre |
|
|
*/s/
Edmund P. Giambastiani, Jr. |
Trustee
|
February
27, 2023 |
Edmund
P. Giambastiani, Jr. |
|
|
*/s/
Victoria J. Herget |
Trustee
|
February
27, 2023 |
Victoria
J. Herget |
|
|
*/s/
Marc M. Kole |
Trustee
|
February
27, 2023 |
Marc
M. Kole |
|
|
*/s/
Yung Bong Lim |
Trustee
|
February
27, 2023 |
Yung
Bong Lim |
|
|
*/s/
Joanne Pace |
Trustee
|
February
27, 2023 |
Joanne
Pace |
|
|
*/s/
Gary R. Wicker |
Trustee
|
February
27, 2023 |
Gary
R. Wicker |
|
|
*/s/
Donald H. Wilson |
Chairman
and Trustee |
February
27, 2023 |
Donald
H. Wilson |
|
|
*By:
/s/ Adam Henkel |
|
February
27, 2023 |
Adam
Henkel |
|
|
Attorney-In-Fact
|
|
|
(j)
|
|
101.INS
|
XBRL
Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are
embedded
within the inline XBRL document |
101.SCH
|
XBRL
Taxonomy Extension Schema Document |
101.CAL
|
XBRL
Taxonomy Extension Calculation Linkbase Document |
101.DEF
|
XBRL
Taxonomy Extension Definition Linkbase Document |
101.LAB
|
XBRL
Taxonomy Extension Labels Linkbase Document |
101.PRE
|
XBRL
Taxonomy Extension Presentation Linkbase Document |