Invesco Preferred Shares Distribution Fund

Invesco Preferred Shares UCITS ETF is a passively managed exchange-traded fund that invests in fixed-rate, US dollar-denominated preferred securities issued by large financial institutions and selected corporate issuers. The fund primarily focuses on preferred shares from sectors such as financials, utilities, and industrials, offering investors exposure to hybrid securities that combine characteristics of both bonds and equities. By tracking the ICE BofA Diversified Core Plus Fixed Rate Preferred Securities Index, the fund holds a diversified portfolio of approximately 250-275 preferred securities, each typically providing fixed dividend payments with priority over common stock dividends. These preferred securities must meet minimum credit quality standards, rated at least B3 by Moody's and B- by S&P and Fitch, ensuring a focus on reasonably creditworthy issuers. The fund distributes quarterly dividends to shareholders and operates with a low management fee structure. Invesco Preferred Shares UCITS ETF serves investors seeking steady income generation combined with relative stability, offering a diversified alternative to traditional bonds while maintaining an equity-like investment structure.