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Invesco QQQ Trust | N-30B-2: Others

SEC ·  Dec 28, 2024 00:48

Summary by Futu AI

The Invesco QQQ Trust, Series 1 (QQQ) reported a 37.21% net asset value (NAV) total return for the fiscal year ended September 30, 2024. The Trust, which tracks the Nasdaq-100 Index, saw its net assets grow to $294.44 billion, up from $196.58 billion the previous year.For the fiscal year, the Trust declared $1.75 billion in distributions to shareholders from distributable earnings. The Trust's expense ratio remained steady at 0.20% of average net assets. Notable holdings included large positions in tech giants like Apple, Microsoft, Amazon, and Nvidia.The Trust's strong performance was reflected in both its NAV and market price returns, with 5-year annualized returns of 21.72% for both metrics. Since its inception in 1999, the Trust has delivered a cumulative total return of 1025.14% based on NAV, highlighting its long-term growth potential for investors seeking exposure to leading non-financial Nasdaq-listed companies.
The Invesco QQQ Trust, Series 1 (QQQ) reported a 37.21% net asset value (NAV) total return for the fiscal year ended September 30, 2024. The Trust, which tracks the Nasdaq-100 Index, saw its net assets grow to $294.44 billion, up from $196.58 billion the previous year.For the fiscal year, the Trust declared $1.75 billion in distributions to shareholders from distributable earnings. The Trust's expense ratio remained steady at 0.20% of average net assets. Notable holdings included large positions in tech giants like Apple, Microsoft, Amazon, and Nvidia.The Trust's strong performance was reflected in both its NAV and market price returns, with 5-year annualized returns of 21.72% for both metrics. Since its inception in 1999, the Trust has delivered a cumulative total return of 1025.14% based on NAV, highlighting its long-term growth potential for investors seeking exposure to leading non-financial Nasdaq-listed companies.

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