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DUBLIN - Invesco Markets II Plc announced Tuesday it will reduce the management fees on its suite of AAA-rated collateralized loan obligation (CLO) exchange-traded funds effective July 24, 2025.
The management fee for these funds will decrease from 0.35% to 0.25% per annum, representing a nearly 30% reduction in costs for shareholders, according to a company notice to shareholders.
The fee reduction applies to six share classes across the company’s EUR and USD AAA CLO UCITS ETF product lineup, including accumulation and distribution variants, as well as GBP-hedged options for the USD fund.
The affected funds include the Invesco EUR AAA CLO UCITS ETF (Acc and Dist share classes), Invesco USD AAA CLO UCITS ETF (Acc and Dist share classes), and the GBP-hedged versions of the USD fund (Acc and Dist share classes).
Invesco stated that no other changes to the funds will result from this fee reduction.
The company noted in its press release that shareholders can obtain the prospectus, key investor information documents, and other fund documentation free of charge from the registered office of the manager, local representatives, or the company’s website.
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