Invesco Closed-End Funds Pay Dividends
Invesco announced dividend payments for two of its closed-end funds: Invesco High Income Trust II (VLT) and Invesco Senior Income Trust (VVR). VLT will pay $0.09641 per share, while VVR will pay an increased dividend of $0.04301 per share, effective from October 1, 2023. Both funds operate under Managed Distribution Plans, with VLT targeting an 8.5% distribution rate based on its August 1, 2018 closing price.
The funds estimate that a portion of the distributions may be a return of capital. For the fiscal year-to-date, VLT's cumulative total return was 13.91% with a 3.39% cumulative distribution rate, while VVR's cumulative total return was 15.75% with a 4.27% cumulative distribution rate. Investors are advised that the funds' performance and distribution rates are subject to market conditions and may change.
Invesco ha annunciato i pagamenti dei dividendi per due dei suoi fondi chiusi: Invesco High Income Trust II (VLT) e Invesco Senior Income Trust (VVR). VLT pagherà $0.09641 per azione, mentre VVR pagherà un dividendo aumentato di $0.04301 per azione, a partire dal 1 ottobre 2023. Entrambi i fondi operano sotto piani di distribuzione gestiti, con VLT che punta a un tasso di distribuzione dell'8,5% basato sul prezzo di chiusura del 1 agosto 2018.
I fondi stimano che una parte delle distribuzioni possa essere un ritorno di capitale. Fino ad oggi, il rendimento complessivo cumulativo di VLT è stato del 13,91% con un tasso di distribuzione cumulativo del 3,39%, mentre il rendimento complessivo cumulativo di VVR è stato del 15,75% con un tasso di distribuzione cumulativo del 4,27%. Gli investitori sono avvisati che le performance e i tassi di distribuzione dei fondi sono soggetti alle condizioni di mercato e possono variare.
Invesco anunció los pagos de dividendos para dos de sus fondos cerrados: Invesco High Income Trust II (VLT) e Invesco Senior Income Trust (VVR). VLT pagará $0.09641 por acción, mientras que VVR pagará un dividendo incrementado de $0.04301 por acción, efectivo a partir del 1 de octubre de 2023. Ambos fondos operan bajo Planes de Distribución Gestionados, con VLT apuntando a una tasa de distribución del 8,5% basada en el precio de cierre del 1 de agosto de 2018.
Los fondos estiman que una parte de las distribuciones puede ser un retorno de capital. Hasta la fecha en el año fiscal, el retorno total acumulado de VLT ha sido del 13,91% con una tasa de distribución acumulativa del 3,39%, mientras que el retorno total acumulado de VVR ha sido del 15,75% con una tasa de distribución acumulativa del 4,27%. Se aconseja a los inversores que el rendimiento y las tasas de distribución de los fondos están sujetos a las condiciones del mercado y pueden cambiar.
인베스코는 두 개의 폐쇄형 펀드에 대한 배당금 지급을 발표했습니다: 인베스코 하이 인컴 트러스트 II (VLT)와 인베스코 시니어 인컴 트러스트 (VVR). VLT는 주당 $0.09641를 지급할 것입니다, 반면 VVR은 주당 $0.04301로 배당금을 인상하여 지급할 것입니다, 2023년 10월 1일부터 시행됩니다. 두 펀드는 관리 배분 계획하에 운영되며, VLT는 2018년 8월 1일 종가를 기준으로 8.5%의 배당률을 목표로 하고 있습니다.
펀드는 배당금의 일부가 자본 환급일 수 있다고 추정하고 있습니다. 회계 연도 기준으로 VLT의 누적 총 수익률은 13.91%이며, 누적 배당률은 3.39%인 반면 VVR의 누적 총 수익률은 15.75%이며 누적 배당률은 4.27%입니다. 투자자들은 펀드의 성과와 배당률이 시장 조건에 따라 달라질 수 있다는 점을 유념해야 합니다.
Invesco a annoncé des paiements de dividendes pour deux de ses fonds fermés : Invesco High Income Trust II (VLT) et Invesco Senior Income Trust (VVR). VLT versera 0,09641 $ par action, tandis que VVR versera un dividende augmenté de 0,04301 $ par action, à compter du 1er octobre 2023. Les deux fonds fonctionnent selon des plans de distribution gérés, VLT visant un taux de distribution de 8,5 % basé sur le prix de clôture du 1er août 2018.
Les fonds estiment qu'une partie des distributions pourrait être un retour de capital. Pour l'année fiscale à ce jour, le rendement total cumulé de VLT est de 13,91 % avec un taux de distribution cumulé de 3,39 %, tandis que le rendement total cumulé de VVR est de 15,75 % avec un taux de distribution cumulé de 4,27 %. Les investisseurs sont avisés que la performance et les taux de distribution des fonds dépendent des conditions du marché et peuvent changer.
Invesco hat die Ausschüttungen für zwei seiner Geschlossenen Fonds bekannt gegeben: Invesco High Income Trust II (VLT) und Invesco Senior Income Trust (VVR). VLT wird $0.09641 pro Aktie ausschütten, während VVR eine erhöhte Dividende von $0.04301 pro Aktie ausschütten wird, ab dem 1. Oktober 2023. Beide Fonds arbeiten nach verwalteten Verteilungsplänen, wobei VLT eine Ausschüttungsquote von 8,5% basierend auf dem Schlusskurs vom 1. August 2018 anstrebt.
Die Fonds schätzen, dass ein Teil der Ausschüttungen eine Rückzahlung von Kapital sein könnte. Für das laufende Geschäftsjahr beträgt VLTs kumulierter Gesamtertrag 13,91% mit einer kumulierten Ausschüttungsquote von 3,39%, während VVRs kumulierter Gesamtertrag 15,75% mit einer kumulierten Ausschüttungsquote von 4,27% beträgt. Investoren wird geraten, dass die Leistung und die Ausschüttungsquoten der Fonds von den Marktbedingungen abhängen und sich ändern können.
- VVR increased its monthly dividend from $0.0390 to $0.0430 per share
- VLT reported a 13.91% fiscal year-to-date cumulative total return
- VVR reported a 15.75% fiscal year-to-date cumulative total return
- Both funds maintain consistent dividend payments
- A portion of the distributions may be a return of capital, not income or capital gains
- The funds' performance and distribution rates are subject to market fluctuations
EX-DATE | RECORD DATE | REINVEST DATE | PAYABLE DATE |
7/16/2024 | 7/16/2024 | 7/31/2024 | 7/31/2024 |
Name of Closed-End |
Ticker | Monthly | Change | % Change |
Invesco High Income Trust II | VLT | - | - | |
Invesco Senior Income Trust | VVR | - | - |
Effective August 1, 2018, the Board of Invesco High Income Trust II (NYSE: VLT) approved a Managed Distribution Plan (the "VLT Plan") for the Fund, whereby the Fund increased its monthly dividend to common shareholders to a stated fixed monthly distribution amount based on a distribution rate of 8.5 percent of the closing market price per share as of August 1, 2018, the date the VLT Plan became effective. The VVR Plan and the VLT Plan are collectively referred to herein as the "Plans."
The Board of Trustees (the "Board") of Invesco Senior Income Trust (NYSE: VVR) (the "Fund") approved an increase in the monthly distribution amount payable to common shareholders pursuant to the Fund's Managed Distribution Plan (the "Plan"). Effective October 1, 2023, the Fund will pay its monthly dividend to common shareholders at a stated fixed monthly distribution amount of
The following tables set forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the sources indicated. You should not draw any conclusions about the Funds' investment performance from the amount of this distribution or from the terms of the Plans. All amounts are expressed per common share. Each Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution is estimated to be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in a Fund is paid back to you. A return of capital distribution does not necessarily reflect the Funds' investment performance and should not be confused with "yield" or "income." The amounts and sources of distributions reported in the 19(a) Notice 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 on each Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. Each 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.
1 A portion of this distribution is estimated to be from a return of principal rather than net income. The Section 19 notice referenced below provides more information and can be found on the Invesco website at www.invesco.com.
Fund | July 2024 | ||||||
Net Investment Income | Net Realized Capital Gains | Estimated Return | Total | ||||
Per | % of Current | Per | % of | Per | % of | ||
Invesco High Income Trust II | 52.07 % | 0.00 % | 47.93 % | ||||
Invesco Senior Income Trust | 94.65 % | 0.00 % | 5.35 % | ||||
Fund | CUMULATIVE FISCAL YEAR-TO-DATE (YTD) June 30, 2024* | ||||||
Net Investment Income | Net Realized Capital Gains | Return of Principal (or | Total FYTD | ||||
Per | % of 2024 | Per Amount | % of 2024 | Per | % of 2024 | ||
Invesco High Income Trust II | 53.76 % | 0.00 % | 46.24 % | ||||
Invesco Senior Income Trust | 78.20 % | 0.00 % | 21.80 % | ||||
* Form 1099-DIV for the calendar year will report distributions for federal income tax purposes. Each Fund's annual report to shareholders will include information regarding the tax character of Fund distributions for the fiscal year. The final determination of the source and tax characteristics of all distributions in 2024 will be made after the end of the year.
The monthly distributions are based on estimates and terms of each Fund's Plan. Monthly distribution amounts may vary from these estimates based on a multitude of factors. Changes in portfolio and market conditions may cause deviations from estimates. These estimates should not be taken as indication of a Fund's earnings and performance. The actual amounts and its sources may be subject to additional adjustments and will be reported after year end.
Each Fund's Performance and Distribution Rate Information disclosed in the table below is based on the Fund's net asset value per share (NAV). Shareholders should take note of the relationship between the Fiscal Year-to-date Cumulative Total Return with the Fund's Cumulative Distribution Rate and the Average Annual Total Return with the Fund's Current Annualized Distribution Rate. Each Fund's NAV is calculated as the total market value of all the securities and other assets held by the Fund minus the total liabilities, divided by the total number of shares outstanding. NAV performance may be indicative of a Fund's investment performance. The value of a shareholder's investment in each Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market.
Funds' Performance and Distribution Rate Information:
Fund | Fiscal Year-to-date March 1, 2024 to June 30, 2024 | Five year period ending | ||
FYTD | Cumulative | Current Rate 3 | Average Annual Total | |
Invesco High Income Trust II | 13.91 % | 3.39 % | 10.17 % | 3.31 % |
Invesco Senior Income Trust | 15.75 % | 4.27 % | 12.80 % | 6.35 % |
1 Fiscal year-to-date Cumulative Total Return assumes reinvestment of distributions. This is calculated as the percentage change in the Fund's NAV over the fiscal year-to-date time period including distributions paid and reinvested.
2 Cumulative Distribution Rate for the Fund's current fiscal period (March 1, 2024 to June 30, 2024) is calculated as the dollar value of distributions in the fiscal year-to-date period as a percentage of the Fund's NAV as of June 30, 2024.
3 The Current Annualized Distribution Rate is the current fiscal period's distribution rate annualized as a percentage of the Fund's NAV as of June 30, 2024.
4 Average Annual Total Return represents the compound average of the annual NAV Total Returns of the Fund for the five-year period ending June 30, 2024. Annual NAV Total Return is the percentage change in the Fund's NAV over a year including distributions paid and reinvested.
In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, each Fund will provide its shareholders of record on the record date with a 19(a) Notice disclosing the sources of its dividend payment when a distribution includes anything other than net investment income.
The Plans will be subject to periodic review by each Fund's Board, and a Fund's Board may terminate or amend the terms of its Plan at any time without prior notice to the Fund's shareholders. The amendment or termination of a Fund's Plan could have an adverse effect on the market price of such Fund's common shares.
The amount of dividends paid by each 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 funds.
For additional information, shareholders of the closed end fund may contact
Beverly Khoo, 332-323-8029 beverly.khoo@invesco.com
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.
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