Invesco QQQ Trust Files Proxy Materials

TL;DR

QQQ filed proxy docs, no fee. All good.

AI Summary

Invesco QQQ Trust, Series 1 filed a Definitive Additional Materials proxy statement on August 22, 2025. This filing relates to the Invesco QQQ Trust, Series 1, formerly known as PowerShares QQQ Trust, Series 1, and prior to that, NASDAQ 100 Trust Series 1. The filing indicates no fee was required for this submission.

Why It Matters

This filing provides important information to shareholders regarding the Invesco QQQ Trust, Series 1, which tracks the Nasdaq-100 Index, impacting investors in one of the most widely held ETFs.

Risk Assessment

Risk Level: low — This is a routine proxy filing for an established ETF and does not indicate any unusual risks or changes.

Key Players & Entities

• INVESCO QQQ TRUST, SERIES 1 (company) — Registrant
• POWERSHARES QQQ TRUST, SERIES 1 (company) — Former Company Name
• NASDAQ 100 TRUST SERIES 1 (company) — Former Company Name
• August 22, 2025 (date) — Filing Date

FAQ

Filing Documents

• d891943ddefa14a.htm (DEFA14A) — 24KB
• 0001193125-25-186098.txt ( ) — 25KB

From the Filing

DEFA14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant [X] Filed by a Party other than the Registrant [] Check the appropriate box: [] Preliminary Proxy Statement [] Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) [] Definitive Proxy Statement [X] Definitive Additional Materials [] Soliciting Material Pursuant to 240.14a-11(c) or 240.14a-12 Invesco QQQ Trust SM , Series 1 (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): [X] No fee required. [] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. 1) Title of each class of securities to which transaction applies: 2) Aggregate number of securities to which transaction applies: 3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): 4) Proposed maximum aggregate value of transaction: 5) Total fee paid: [] Fee paid previously with preliminary materials. [] Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. 1) Amount Previously Paid: 2) Form, Schedule or Registration Statement No.: 3) Filing Party: 4) Date Filed: _____________________________________________________________________________________________ [Client]: hope you are doing well. You may have seen that on 7/17/25, QQQ filed a preliminary proxy statement proposing certain changes to the structure and operation of QQQ . Such changes, if approved by QQQ shareholders, would reduce the cost of QQQ and have it be reclassified from a unit investment trust to an open-end ETF. That proxy statement has since become definitive (with a second filing on 8/18/25), meaning that the process of soliciting proxies to get the vote needed to approve the proposals is about to begin. We recognize that proxy voting can be a cumbersome experience for investors. We want to work closely with you and the proxy solicitor that will be working to acquire the needed vote to provide ample resources and transparency to investors during this process. Proxy voting will commence next week and take place in the coming months, supported by an industry-standard, third-party proxy-voting solicitor, Sodali Fund Solutions. During the proxy voting period, our goal is to be a resource to you with information on the QQQ proxy voting process, with prioritization of your questions and feedback. As such, this email summarizes the following: Recap of the proxy statement and QQQ proposals proposed therein. Overview of key proxy dates. Proxy voting solicitor information and outreach plans. Sodali QQQ proxy microsite with proxy voting instructions, proxy statement, example proxy mailings. Recap of proxy statement and QQQ changes proposed If approved, QQQ's legal structure would change from a Unit Investment Trust (UIT) to an Open-End Fund under the 1940 Act, consistent with the structure of the vast majority of other current ETFs. QQQ's TER would decrease from 0.20% to 0.18%. QQQ would still operate as an ETF, track the Nasdaq-100 Index ® , and function in the same way it has in its 25-year plus history. Performance history, the process of buying/selling shares of QQQ, and investment exposures and investment risks would be unchanged. This is neither a special rebalance nor taxable event. Please note, no changes to QQQ will occur until/unless QQQ shareholder vote is achieved. QQQ structure and TER remain unchanged until potential shareholder approval. Proxy informational resource Proxy process InFocus: reviews key proxy dates, solicitor information and outreach plans, recap of Invesco's outreach: HERE . QQQ proxy microsite Sodali-run site with comprehensive proxy information: https://proxyvotinginfo.com/p/qqq . Proxy statement, proxy mailing examples, voting instructions, and more summarized here. Thank you and please let me know if you'd like a call to further discuss. [Invesco signature] For Institutional Use Only- Not For Use With The Public. Invesco Distributors, Inc.