Edward Perkin
About Edward Perkin
Edward Perkin (born 1972) is an independent trustee of Invesco Pennsylvania Value Municipal Income Trust (VPV) and other Invesco closed-end funds, appointed in 2025; he oversees 151 funds across the Invesco Fund Complex . He holds the CFA designation, an MBA in Finance from Columbia Business School, and a BA in Economics from UC Santa Barbara . His background includes serving as CIO, Equity at Eaton Vance (2014–2021), Managing Director at Morgan Stanley (2021–2023), and CIO, International & Emerging Markets Equity at Goldman Sachs Asset Management, with earlier roles at Fiserv (1997–2000) and American Retirement Insurance Services (1993–1997) .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Eaton Vance | Chief Investment Officer, Equity | 2014–2021 | Led equity investment platform |
| Morgan Stanley | Managing Director | 2021–2023 | Senior leadership in equities |
| Goldman Sachs Asset Management | CIO, International & Emerging Markets Equity | Prior to 2014 | Led non-U.S./EM equity investing |
| Fiserv | Senior Research Analyst | 1997–2000 | Fundamental research |
| American Retirement Insurance Services | Insurance Broker | 1993–1997 | Client advisory |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| — | — | — | No other public company directorships disclosed in past 5 years |
Board Governance
- Independence: Listed among Independent Trustees; no other director roles disclosed in past five years .
- Years of service: Trustee since 2025 (appointed to each Fund’s Board effective 2025) .
- Attendance: Board met 14 times in FY ended Feb 28, 2025; each independent trustee attended at least 75% of Board and relevant committee meetings .
- Committee assignments:
- Investments Committee: Chair (committee oversees investment management and performance across Invesco Funds; held four meetings in FY ended Feb 28, 2025) .
- Compliance Committee: Member (committee oversees Fund and service provider compliance and reviews potential conflicts) .
Fixed Compensation
| Metric | Period | Amount ($) |
|---|---|---|
| Aggregate Compensation from VPV | FY ended Feb 28, 2025 | $352.45 |
| Aggregate Compensation from the Trust (Invesco Fund Complex) | FY ended Feb 28, 2025 | $4,901 |
| Fee Structure (non-affiliated trustees) | Ongoing | Annual retainer + meeting fees; additional compensation for Chairs of Board, Committees, and Sub-Committees |
Performance Compensation
- No performance-based director compensation (e.g., PSUs/TSR-based awards) disclosed; compensation described as retainers and meeting fees, with chair supplements .
Other Directorships & Interlocks
| Category | Details |
|---|---|
| Current public company boards | None disclosed |
| Fund board interlocks | Shared board across Invesco closed-end funds; Perkin oversees 151 funds (common board structure) |
| Potential conflicts | Compliance Committee explicitly oversees potential conflicts reported by Invesco/CCO/independent advisors |
Expertise & Qualifications
- Chartered Financial Analyst; advanced finance education (MBA, Columbia) .
- Senior buy-side leadership (CIO roles at Eaton Vance and GSAM; MD at Morgan Stanley), indicating deep investment strategy and performance oversight expertise .
- Investments Committee Chair role aligns with domain expertise in portfolio risk, performance, and manager oversight .
Equity Ownership
- Director-level share ownership in VPV not disclosed in the proxy; Annex lists only >5% beneficial owners by fund, not trustee holdings .
Governance Assessment
- Strengths: Independent status with no external public company boards (limits external conflicts); Chairs Investments Committee and serves on Compliance Committee—strong alignment with oversight of performance and conflicts; met attendance threshold in a high-activity year (14 meetings)—supports engagement .
- Compensation alignment: Fee structure rewards chair responsibilities; Perkin’s FY25 compensation is modest due to partial-year service (appointed 2025), consistent with tenure timing .
- RED FLAGS: None identified in the proxy for Perkin (no related-party transactions or attendance issues disclosed) . Visibility into personal stock ownership/pledging is limited in this filing, which may reduce external assessments of “skin-in-the-game” alignment for individual trustees .