Invesco PowerShares Announces a Special Dividend for PowerShares QQQ
February 21 2014 - 6:47PM
Marketwired
Invesco PowerShares Announces a Special Dividend for PowerShares
QQQ
CHICAGO, IL--(Marketwired - Feb 21, 2014) - 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, 2014 Vodafone 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.
Note: Not all products are available through all firms.
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.
QQQ001367 1609 x022015
Media Contacts: Kristin Sadlon Porter Novelli 212-601-8192 Email
Contact Bill Conboy 303-415-2290 Email Contact
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