Invesco PowerShares Announces a Special Dividend For PowerShares QQQ Trust, Series 1 (ETF)
Invesco PowerShares Capital Management LLC, a leading global provider of exchange-traded funds (ETFs), announced today that PowerShares QQQ expects to issue a special dividend payment on Friday, March, 7, 2014.
The special dividend is due to a corporate action event by Vodafone Group PLC ADR which is held by PowerShares QQQ. As of February 20, 2014Vodafone represented 0.93% of total holdings in PowerShares QQQ. The ex-date for special distribution is anticipated to be Thursday, February 27, 2014. The record date is anticipated to be Monday, March 3, 2014, and the payable date is anticipated to be Friday, March 7, 2014.
The Bank of New York Mellon (BNY Mellon) is the trustee of the PowerShares QQQ Trust, and Invesco PowerShares Capital Management LLC is the sponsor of the PowerShares QQQ Trust. PowerShares QQQ represents undivided ownership interests in the portfolio of stocks held by the PowerShares QQQ Trust. The payment of the dividend is subject to final determination by the Trustee.
PowerShares QQQ, formerly known as the “NASDAQ-100 Index Tracking Stock®,” is based on the NASDAQ-100 Index®. The Fund will, under most circumstances, consist of all of stocks in the Index. The index includes 100 of the largest domestic and international nonfinancial companies listed on the Nasdaq Stock Market based on market capitalization. You cannot invest directly in the index. The portfolio is rebalanced quarterly and reconstituted annually.
About Invesco PowerShares Capital Management LLC and Invesco Ltd.
Invesco PowerShares Capital Management LLC is leading the Intelligent ETF Revolution® through its family of more than 140 domestic and international exchange-traded funds, which seek to outperform traditional benchmark indexes while providing advisors and investors access to an innovative array of focused investment opportunities. With franchise assets over $96 billion* as of December 31, 2013, PowerShares ETFs trade on both US stock exchanges. For more information, please visit us at invescopowershares.com or follow us on Twitter @PowerShares.
Invesco Ltd. is a leading independent global investment management firm, dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our clients around the world. Operating in more than 20 countries, the firm is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com.
* US franchise assets include QQQs, BLDRS and DB Funds. ALPS Distributors, Inc. is the distributor of PowerShares QQQ, BLDRS Funds and PowerShares DB Funds. PowerShares QQQ and BLDRS Funds are unit investment trusts. Invesco PowerShares and Invesco Distributors, Inc. are not affiliated with ALPS Distributors, Inc.
Important Risk Information
There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Funds’ return may not match the return of the Underlying Index.
Investments focused in a particular industry are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.
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Not FDIC Insured | May Lose Value | No Bank Guarantee
Shares are not individually redeemable and owners of the shares may acquire those shares from the Fund and tender those shares for redemption to the Fund in Creation Units only, typically consisting of aggregations of 50,000 shares.
ALPS Distributors, Inc. is the distributor of PowerShares QQQ. Invesco PowerShares Capital Management LLC is not affiliated with ALPS Distributors, Inc.
The sponsor of the Nasdaq-100 Trust (SM) , a unit investment trust, is Invesco PowerShares Capital Management LLC (“Invesco PowerShares”). NASDAQ, Nasdaq-100 Index, Nasdaq-100 Index Tracking Stock and QQQ are trade/service marks of The Nasdaq Stock Market, Inc. and have been licensed for use by Invesco PowerShares Capital Management LLC, QQQ’s sponsor. NASDAQ makes no representation regarding the advisability of investing in QQQ and makes no warranty and bears no liability with respect to QQQ, the Nasdaq-100 Index, its use or any data included therein.
PowerShares® is a registered trademark of Invesco PowerShares Capital Management LLC (Invesco PowerShares). Invesco PowerShares Capital Management LLC and Invesco Distributors, Inc. are indirect, wholly owned subsidiaries of Invesco Ltd.
An investor should consider the Funds’ investment objectives, risks, charges and expenses carefully before investing. For this and more complete information about the Funds call 800 983 0903 or visit invescopowershares.com for a prospectus. Please read the prospectus carefully before investing.
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