false00013831490001371571Invesco DB US Dollar Index TrustINVESCO DB US DOLLAR INDEX BULLISH FUNDINVESCO DB US DOLLAR INDEX BEARISH FUNDIL 0001371571 2020-09-30 2020-09-30 0001371571 uup:InvescoDbUsDollarIndexBearishFundMember 2020-09-30 2020-09-30 0001371571 uup:InvescoDbUsDollarIndexBullishFundMember 2020-09-30 2020-09-30
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
FORM 8-K
 
 
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 30, 2020
 
 
INVESCO DB US DOLLAR INDEX TRUST
(Registrant)
INVESCO DB US DOLLAR BULLISH FUND;
INVESCO DB US DOLLAR BEARISH FUND
(Co-Registrants)
(Exact name of registrant as specified in its charter)
 
 
 
Delaware
  
001-33317; 001-33318; and 001-33314
  
87-0778084 (Invesco DB US Dollar Index Bearish Fund)
87-0778082 (Invesco DB US Dollar Index Bullish Fund)
(State or other jurisdiction
of incorporation)
  
(Commission
File Numbers)
  
(I.R.S. Employer
Identification Nos.)
 
c/o Invesco Capital Management LLC
3500 Lacey Road, Suite 700
Downers Grove, Illinois
  
60515
(Address of principal executive offices)
  
(Zip Code)
(800) 983-0903
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
  
Trading
Symbol(s)
  
Name of each exchange
on which registered
Common Units of Beneficial Interest
  
UUP
  
NYSE Arca, Inc.
Common Units of Beneficial Interest
  
UDN
  
NYSE Arca, Inc.
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
☐
Emerging growth company
 
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to section 13(a) of the Exchange Act.
 
 
 
Item 1.01
Entry Into a Material Definitive Agreement.
Amendment to Participant Agreement
On September 30, 2020, Invesco Capital Management LLC (the “Managing Owner”), Invesco DB US Dollar Index Trust, on behalf of Invesco DB US Dollar Index Bullish Fund and Invesco DB US Dollar Index Bearish Fund (each, a “Fund” and together, the “Funds”), and each of the other Invesco DB exchange-traded commodity pools executed an amendment to the Participant Agreements currently in place with each financial institution eligible to conduct creation and redemption transactions directly with the Funds (“Authorized Participant”). The purpose of the Amendment is to revise Attachment A to the Participant Agreement to change the number of common units of beneficial interest (“Shares”) that currently comprise the large blocks of Shares issued or redeemed by a Fund to an Authorized Participant (“Creation Units”) from 200,000 Shares to 100,000 Shares, or such other size as the Managing Owner may determine in the future, with such change effective as of market open on November 2, 2020.
The Participant Agreement governs the relationship between the Funds and an Authorized Participant and sets forth the procedures for the creation and redemption of Creation Units and for the delivery of cash required for such creations or redemptions. The Managing Owner may delegate its duties and obligations under a Participant Agreement to Invesco Distributors, Inc. or The Bank of New York Mellon (the administrator and transfer agent to the Funds) without consent from any Authorized Participant. The Participant Agreement may be amended by the Managing Owner only with the consent of an Authorized Participant, while the procedures attached thereto, including Attachment A, may be amended with notice to an Authorized Participant. Shareholder consent is not required in either case.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
Invesco DB US Dollar Index Trust
        
   By:  
Invesco Capital Management LLC,
its Managing Owner
    By:  
/s/ Adam Henkel
    Name:   Adam Henkel
    Title:   Secretary
    Date:   September 30, 2020
Invesco DB US Dollar Index Bullish Fund, a series of Invesco DB US Dollar Index Trust
  By:  
Invesco Capital Management LLC,
its Managing Owner
    By:  
/s/ Adam Henkel
    Name:   Adam Henkel
    Title:   Secretary
    Date:   September 30, 2020
Invesco DB US Dollar Index Bearish Fund, a series of Invesco DB US Dollar Index Trust
  By:  
Invesco Capital Management LLC,
its Managing Owner
    By:  
/s/ Adam Henkel
    Name:   Adam Henkel
    Title:   Secretary
    Date:   September 30, 2020