Invesco shareholders have approved the reorganization of three Invesco funds.
The Invesco Leisure Fund will be acquired by the Invesco American Franchise Fund. The Leisure fund is managed by Juan Hartsfield and Ido Cohen. It invests in equity securities related to companies related to hotels and gaming, publishing, and motion pictures and has assets under management of $404.9 million as of April 24th, according to Bloomberg data. The fund was launched on January 19, 1984.