Invesco DB US Dollar (NYSE: UUP) managing owner board member resigns
Rhea-AI Filing Summary
Invesco DB US Dollar Index Trust reports that Mr. Jordan Krugman has submitted his resignation from all positions at Invesco Capital Management LLC, the Managing Owner, and its affiliates, including his role on the Managing Owner’s Board of Managers. The resignation will be effective as of the close of business on August 3, 2026. The Managing Owner, which oversees the Invesco DB US Dollar Index Bullish Fund and Bearish Fund, is currently considering Mr. Krugman’s replacement.
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Resignation notice date: June 4, 2026
Resignation effective date: August 3, 2026
Signature date: June 5, 2026
3 metrics
Resignation notice date
June 4, 2026
Date Mr. Jordan Krugman notified the Trust and its series
Resignation effective date
August 3, 2026
Effective at close of business for all positions
Signature date
June 5, 2026
Date Secretary Adam Henkel signed on behalf of the Trust and funds
Key Terms
Managing Owner, Board of Managers, Common Units of Beneficial Interest
3 terms
Managing Owner financial
"he is resigning from all positions at Invesco Capital Management LLC (the “Managing Owner”)"
Board of Managers financial
"including his position as a member of the Board of Managers of the Managing Owner"
Common Units of Beneficial Interest financial
"Common Units of Beneficial Interest | | UUP | | NYSE Arca, Inc"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the June 2026 Invesco DB US Dollar (UUP) filing disclose?
The filing discloses that Mr. Jordan Krugman has resigned from all positions at Invesco Capital Management LLC and its affiliates, including the Board of Managers. His resignation affects the Invesco DB US Dollar Index Trust and its Bullish and Bearish Funds.
Who is resigning in the Invesco DB US Dollar Index Trust 8-K?
Mr. Jordan Krugman is resigning from all positions at Invesco Capital Management LLC and its affiliates. This includes his role as a member of the Managing Owner’s Board of Managers overseeing the Invesco DB US Dollar Index Trust and its underlying series.
When is Jordan Krugman’s resignation from Invesco Capital Management effective?
Jordan Krugman’s resignation is effective as of the close of business on August 3, 2026. He notified the Invesco DB US Dollar Index Trust and its Bullish and Bearish Funds of his decision on June 4, 2026.
Which Invesco DB US Dollar funds are referenced in this 8-K filing?
The filing references the Invesco DB US Dollar Index Trust and its underlying series: the Invesco DB US Dollar Index Bullish Fund and the Invesco DB US Dollar Index Bearish Fund. Both funds list Common Units of Beneficial Interest traded under symbols UUP and UDN on NYSE Arca.
How is Invesco Capital Management LLC involved with UUP and UDN?
Invesco Capital Management LLC acts as the Managing Owner of the Invesco DB US Dollar Index Trust and its Bullish (UUP) and Bearish (UDN) Funds. The 8-K notes that Mr. Krugman is resigning from roles at the Managing Owner and its affiliates.
Is a replacement named for Jordan Krugman in the Invesco DB US Dollar 8-K?
No replacement is named in the filing. It states that the Managing Owner, Invesco Capital Management LLC, is currently considering Mr. Krugman’s replacement for his roles, including his position on the Board of Managers.