SCHEDULE 13D

CUSIP No.

G491BT108

Name of reporting person

Nelson Peltz

Check the appropriate box if a member of a Group (See Instructions)

(a)

(b)

SEC use only

Source of funds (See Instructions)

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

Checkbox not checked

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 20,675,008.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 20,675,008.00

Aggregate amount beneficially owned by each reporting person

20,675,008.00

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in Row (11)

4.62 %

Type of Reporting Person (See Instructions)

Comment for Type of Reporting Person:

*Calculated based on 447,556,286 of Common Stock outstanding as March 31, 2025, as reported in the Issuer's Form 10-Q for the quarter ended March 31, 2025 ( the "Form 10-Q").

SCHEDULE 13D

CUSIP No.

G491BT108

Name of reporting person

Peter W. May

Check the appropriate box if a member of a Group (See Instructions)

(a)

(b)

SEC use only

Source of funds (See Instructions)

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

Checkbox not checked

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 20,675,008.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 20,675,008.00

Aggregate amount beneficially owned by each reporting person

20,675,008.00

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in Row (11)

4.62 %

Type of Reporting Person (See Instructions)

Comment for Type of Reporting Person:

*Calculated based on 447,556,286 of Common Stock outstanding as March 31, 2025, as reported in the Issuer's Form 10-Q.

SCHEDULE 13D

CUSIP No.

G491BT108

Name of reporting person

Trian Fund Management, L.P.

Check the appropriate box if a member of a Group (See Instructions)

(a)

(b)

SEC use only

Source of funds (See Instructions)

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

Checkbox not checked

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 20,675,008.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 20,675,008.00

Aggregate amount beneficially owned by each reporting person

20,675,008.00

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in Row (11)

4.62 %

Type of Reporting Person (See Instructions)

Comment for Type of Reporting Person:

*Calculated based on 447,556,286 of Common Stock outstanding as March 31, 2025, as reported in the Issuer's Form 10-Q.

SCHEDULE 13D

CUSIP No.

G491BT108

Name of reporting person

Trian Fund Management GP, LLC

Check the appropriate box if a member of a Group (See Instructions)

(a)

(b)

SEC use only

Source of funds (See Instructions)

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

Checkbox not checked

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 20,675,008.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 20,675,008.00

Aggregate amount beneficially owned by each reporting person

20,675,008.00

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in Row (11)

4.62 %

Type of Reporting Person (See Instructions)

Comment for Type of Reporting Person:

*Calculated based on 447,556,286 of Common Stock outstanding as March 31, 2025, as reported in the Issuer's Form 10-Q.

SCHEDULE 13D

CUSIP No.

G491BT108

Name of reporting person

Trian Partners AM Holdco, Ltd.

Check the appropriate box if a member of a Group (See Instructions)

(a)

(b)

SEC use only

Source of funds (See Instructions)

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

Checkbox not checked

Citizenship or place of organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 20,675,008.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 20,675,008.00

Aggregate amount beneficially owned by each reporting person

20,675,008.00

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in Row (11)

4.62 %

Type of Reporting Person (See Instructions)

Comment for Type of Reporting Person:

*Calculated based on 447,556,286 of Common Stock outstanding as March 31, 2025, as reported in the Issuer's Form 10-Q.

SCHEDULE 13D

Item 1.

Security and Issuer

(a)

Title of Class of Securities:

Common Stock par value $0.20 per share

(b)

Name of Issuer:

INVESCO LTD

(c)

Address of Issuer's Principal Executive Offices:

1331 Spring Street, Suite 2500, Atlanta, GEORGIA , 30309.

Item 1 Comment:

This Amendment No. 11 ("Amendment No. 11") amends and supplements the Schedule 13D filed with the Securities and Exchange Commission on September 22, 2020 (the "Original Schedule 13D"), as amended by Amendment No. 1 ("Amendment No. 1") filed on November 5, 2020, Amendment No. 2 filed on December 15, 2021, Amendment No. 3 filed on February 1, 2022, Amendment No. 4 filed on March 25, 2022, Amendment No. 5 filed on April 1, 2022, Amendment No. 6 filed on January 25, 2023, Amendment No. 7 filed on January 31, 2023, Amendment No. 8 filed on February 16, 2023, Amendment No. 9 filed on June 2, 2023 and Amendment No. 10 filed on June 14, 2024 (as amended, the "Schedule 13D"), relating to the Common Stock, par value $0.20 per share (the "Shares"), of Invesco Ltd., a Bermuda exempted company (the "Issuer"). The address of the principal executive office of the Issuer is 1555 Peachtree Street, NE., Suite 1800, Atlanta, Georgia 30309. The Reporting Persons ceased to be beneficial owners of more than 5% of the outstanding Shares of the Issuer on May 20, 2025. Accordingly, this Amendment No. 11 represents a final amendment to the Schedule 13D with respect to the Reporting Persons and constitutes an exit filing for the Reporting Persons and the Reporting Persons do not intend to provide further updates through amendments to the Schedule 13D. Capitalized terms not defined herein shall have the meanings ascribed to them in the Schedule 13D. Except as set forth herein, the Schedule 13D is unmodified.

Item 4.

Purpose of Transaction

Item 4 of the Schedule 13D is hereby amended and supplemented by adding the following: The sales of Shares by Reporting Persons reported below in Item 5 were done for portfolio management purposes. The Reporting Persons ceased to be beneficial owners of more than 5% of the outstanding Shares of the Issuer on May 20, 2025.

Item 5.

Interest in Securities of the Issuer

(a)

Item 5 of the Schedule 13D is hereby amended and supplemented by adding the following: (a) As of 4:00 p.m., New York City time, on May 22, 2025, the Reporting Persons beneficially owned, in the aggregate, 20,675,008 Shares, representing approximately 4.62% of the Issuer's outstanding Shares (calculated based on 447,556,286 Shares outstanding as of March 31, 2025, as reported in the Issuer's Quarterly Report on Form 10-Q for the quarter ended March 31, 2025).

(b)

(b) Each of Trian AM Holdco and Trian Management beneficially and directly owns and has sole voting power and sole dispositive power with regard to 20,675,008 and 0 Shares, respectively, except to the extent that other Reporting Persons as described in this Item 5(b) may be deemed to have shared voting power and shared dispositive power with regard to such Shares.

(c)

(c) Schedule 1 annexed hereto lists all transactions in securities of the Issuer by the Reporting Persons during the past sixty days. All such transactions listed in the table below were effected in the open market. The prices set forth in the table do not include commissions.

(e)

(e) The Reporting Persons ceased to be beneficial owners of more than 5% of the outstanding Shares of the Issuer on May 20, 2025. Accordingly, this Amendment No. 11 represents a final amendment to the Schedule 13D with respect to the Reporting Persons and constitutes an exit filing for the Reporting Persons. The Reporting Persons do not intend to provide further updates through amendments to the Schedule 13D.

Item 7.

Material to be Filed as Exhibits.

Schedule 1 annexed hereto lists all transactions in securities of the Issuer by the Reporting Persons during the past sixty days.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Nelson Peltz

Signature:	/s/ Nelson Peltz
Name/Title:	Nelson Peltz
Date:	05/22/2025

Peter W. May

Signature:	/s/ Peter W. May
Name/Title:	Peter W. May
Date:	05/22/2025

Trian Fund Management, L.P.

Signature:	/s/ Peter W. May
Name/Title:	Member of the General Partner of the Reporting Person
Date:	05/22/2025

Trian Fund Management GP, LLC

Signature:	/s/ Peter W. May
Name/Title:	Member
Date:	05/22/2025

Trian Partners AM Holdco, Ltd.

Signature:	/s/ Peter W. May
Name/Title:	Director
Date:	05/22/2025