Invesco Advisers, Inc. Announces Decrease in Monthly Distribution for Invesco Senior Income Trust
Invesco Senior Income Trust (NYSE: VVR) announced a decrease in its monthly distribution amount under its Managed Distribution Plan. Starting January 1, 2025, the monthly dividend will decrease from $0.0430 to $0.0380 per share, effective for the January 31, 2025 payment.
The Plan aims to provide consistent periodic cash payments to shareholders, regardless of when income is earned or capital gains realized. While it may help narrow the discount between market price and NAV, this is not guaranteed. If investment income is insufficient, the Fund may distribute long-term capital gains or return capital to maintain distribution levels. The Board retains the right to terminate or amend the Plan, which could affect the Fund's common shares market price.
Invesco Senior Income Trust (NYSE: VVR) ha annunciato una riduzione dell'importo della sua distribuzione mensile nell'ambito del suo Piano di Distribuzione Gestita. A partire dal 1° gennaio 2025, il dividendo mensile scenderà da $0,0430 a $0,0380 per azione, valido per il pagamento del 31 gennaio 2025.
Il Piano ha l'obiettivo di garantire pagamenti periodici di contante ai soci, indipendentemente da quando vengono guadagnati redditi o realizzati guadagni in conto capitale. Anche se potrebbe contribuire a ridurre lo sconto tra il prezzo di mercato e il NAV, ciò non è garantito. Se il reddito da investimento è insufficiente, il Fondo potrebbe distribuire guadagni di capitale a lungo termine o restituire capitale per mantenere i livelli di distribuzione. Il Consiglio conserva il diritto di terminare o modificare il Piano, il che potrebbe influire sul prezzo di mercato delle azioni comuni del Fondo.
Invesco Senior Income Trust (NYSE: VVR) anunció una disminución en el monto de su distribución mensual bajo su Plan de Distribución Administrada. A partir del 1 de enero de 2025, el dividendo mensual pasará de $0.0430 a $0.0380 por acción, efectivo para el pago del 31 de enero de 2025.
El Plan tiene como objetivo proporcionar pagos de efectivo periódicos consistentes a los accionistas, independientemente de cuándo se generen ingresos o se realicen ganancias de capital. Si bien puede ayudar a reducir el descuento entre el precio de mercado y el NAV, esto no está garantizado. Si los ingresos por inversiones son insuficientes, el Fondo puede distribuir ganancias de capital a largo plazo o devolver capital para mantener los niveles de distribución. La Junta se reserva el derecho de terminar o modificar el Plan, lo que podría afectar el precio de mercado de las acciones comunes del Fondo.
인베스코 시니어 인컴 트러스트 (NYSE: VVR)는 관리 배당 계획에 따라 월 배당금 금액이 감소한다고 발표했습니다. 2025년 1월 1일부터 월 배당금은 주당 $0.0430에서 $0.0380로 감소하며, 이는 2025년 1월 31일 지급됩니다.
이 계획은 주주에게 소득을 얻거나 자본 이득이 실현되는 시점과 관계없이 일관된 주기적 현금 지급을 제공하는 것을 목표로 합니다. 시장 가격과 NAV 간의 할인을 줄이는 데 도움을 줄 수 있지만 이는 보장되지 않습니다. 투자 소득이 부족할 경우, 펀드는 배당 수준을 유지하기 위해 장기 자본 이득을 분배하거나 자본을 반환할 수 있습니다. 이사회는 계획을 종료하거나 수정할 권리를 보유하고 있으며, 이는 펀드의 보통주 시장 가격에 영향을 미칠 수 있습니다.
Invesco Senior Income Trust (NYSE: VVR) a annoncé une diminution du montant de sa distribution mensuelle dans le cadre de son Plan de Distribution Gérée. À partir du 1er janvier 2025, le dividende mensuel passera de 0,0430 $ à 0,0380 $ par action, effectif pour le paiement du 31 janvier 2025.
Le Plan vise à fournir des paiements de trésorerie périodiques constants aux actionnaires, peu importe quand les revenus sont gagnés ou les gains en capital réalisés. Bien qu'il puisse aider à réduire l'écart entre le prix du marché et le NAV, cela n'est pas garanti. Si les revenus d'investissement sont insuffisants, le Fonds peut distribuer des gains en capital à long terme ou retourner du capital pour maintenir les niveaux de distribution. Le Conseil se réserve le droit de mettre fin ou de modifier le Plan, ce qui pourrait affecter le prix de marché des actions ordinaires du Fonds.
Invesco Senior Income Trust (NYSE: VVR) gab eine Senkung des monatlichen Auszahlungsbetrags im Rahmen seines verwalteten Verteilungsplans bekannt. Ab dem 1. Januar 2025 wird die monatliche Dividende von 0,0430 $ auf 0,0380 $ pro Aktie gesenkt, gültig für die Auszahlung am 31. Januar 2025.
Der Plan hat das Ziel, den Aktionären konsistente, regelmäßige Barzahlungen zu bieten, unabhängig davon, wann Einkünfte erzielt oder Kapitalgewinne realisiert werden. Auch wenn er dazu beitragen kann, den Preisnachlass zwischen Marktpreis und NAV zu verringern, ist dies nicht garantiert. Wenn die Anlageerträge unzureichend sind, kann der Fonds langfristige Kapitalgewinne ausschütten oder Kapital zurückgeben, um die Auszahlungsniveaus aufrechtzuerhalten. Der Vorstand behält sich das Recht vor, den Plan zu beenden oder zu ändern, was den Marktpreis der Stammaktien des Fonds beeinträchtigen könnte.
- None.
- Monthly distribution decreased by 11.6% (from $0.0430 to $0.0380 per share)
- Fund may need to distribute capital gains or return capital if investment income is insufficient
- Plan amendment or termination could adversely affect share market price
Insights
The announced
The Plan is intended to provide shareholders with a consistent, but not guaranteed, periodic cash payment from the Fund, regardless of when or whether income is earned, or capital gains are realized. The Plan may have the effect of narrowing the discount between the Fund's market price and the net asset value ("NAV") of the Fund's common shares, but there is no assurance that the Plan will be effective in this regard.
If the Fund's investment income is not sufficient to cover the Fund's intended monthly distribution, the Fund will distribute long-term capital gains and/or return of capital in order to maintain its managed distribution level under the Plan. The Fund may at times distribute more than its income and net realized gains; therefore, a portion of the distribution may result in a return of capital. A return of capital may occur, for example, when some or all of the money that shareholders invested in the Fund is paid back to them. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income." No conclusions should be drawn about the Fund's investment performance from the amount of the Fund's distributions or from the terms of the Plan.
In order to comply with the requirements of Section 19 of the Investment Company Act of 1940 and an exemptive order granted to the Fund by the Securities and Exchange Commission, the Fund will provide its shareholders of record on each distribution date with a 19(a) Notice and issue an accompanying press release disclosing the sources of its dividend payment when a distribution includes anything other than net investment income.
The amounts and sources of distributions reported in 19(a) Notices are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its full fiscal year and may be subject to changes based on tax regulations. The Fund will send shareholders a Form 1099-DIV for the calendar year that will tell them how to report these distributions for federal income tax purposes. Information on the Fund's 19(a) Notices can be found at www.invesco.com.
The final determination of the source and tax characteristics of all distributions in 2025 will be made after the end of the year.
The Plan is subject to periodic review by the Board, and the Board may terminate or amend the terms of the Plan at any time without prior notice to the Fund's shareholders. The amendment or termination of the Plan could have an adverse effect on the market price of the Fund's common shares.
The amount of dividends paid by the Fund may vary from time to time. Past amounts of dividends are no guarantee of future dividend payment amounts.
Investing involves risk and it is possible to lose money on any investment in the Fund.
For additional information, shareholders of the closed end fund may call Invesco at 800-341-2929.
About Invesco Ltd.
Invesco Ltd. is a global independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. Our distinctive investment teams deliver a comprehensive range of active, passive and alternative investment capabilities. With offices in more than 20 countries, Invesco managed
Invesco Distributors, Inc. is the
Note: There is no assurance that a closed-end fund will achieve its investment objective. Common shares are bought on the secondary market and may trade at a discount or premium to NAV. Regular brokerage commissions apply.
NOT A DEPOSIT l NOT FDIC INSURED l NOT GUARANTEED BY THE BANK | MAY LOSE VALUE | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
CONTACT: Closed-End Funds 800-341-2929
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SOURCE Invesco Ltd.
FAQ
What is the new monthly distribution amount for Invesco Senior Income Trust (VVR) starting January 2025?
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