Invesco Closed-End Funds Pay Dividends
Invesco announced dividend payments for two closed-end funds. Invesco High Income Trust II (VLT) will pay $0.0964 per share, with 68.78% from net investment income and 31.22% as return of principal. Invesco Senior Income Trust (VVR) will distribute $0.0430 per share, entirely from net investment income.
VVR increased its monthly distribution from $0.0390 to $0.0430 per share effective October 1, 2023. Both funds operate under Managed Distribution Plans, with VLT targeting an 8.5% distribution rate. Year-to-date through November 30, 2024, VLT achieved a 9.40% cumulative total return with a 9.96% annualized distribution rate, while VVR posted a 5.97% return with a 13.10% distribution rate.
Invesco ha annunciato i pagamenti dei dividendi per due fondi chiusi. Invesco High Income Trust II (VLT) pagherà $0.0964 per azione, con il 68.78% proveniente dal reddito netto da investimenti e il 31.22% come rimborso del capitale. Invesco Senior Income Trust (VVR) distribuirà $0.0430 per azione, interamente dal reddito netto da investimenti.
VVR ha aumentato la sua distribuzione mensile da $0.0390 a $0.0430 per azione, a partire dal 1 ottobre 2023. Entrambi i fondi operano sotto Piani di Distribuzione Gestita, con VLT che mira a un tasso di distribuzione dell'8.5%. Fino al 30 novembre 2024, VLT ha registrato un rendimento totale cumulativo del 9.40% con un tasso di distribuzione annualizzato del 9.96%, mentre VVR ha ottenuto un rendimento del 5.97% con un tasso di distribuzione del 13.10%.
Invesco anunció pagos de dividendos para dos fondos cerrados. Invesco High Income Trust II (VLT) pagará $0.0964 por acción, con el 68.78% proveniente de ingresos netos de inversiones y el 31.22% como devolución de capital. Invesco Senior Income Trust (VVR) distribuirá $0.0430 por acción, totalmente de ingresos netos de inversiones.
VVR aumentó su distribución mensual de $0.0390 a $0.0430 por acción, efectivo a partir del 1 de octubre de 2023. Ambos fondos operan bajo Planes de Distribución Gestionada, con VLT apuntando a una tasa de distribución del 8.5%. Hasta el 30 de noviembre de 2024, VLT logró un rendimiento total acumulado del 9.40% con una tasa de distribución anualizada del 9.96%, mientras que VVR registró un rendimiento del 5.97% con una tasa de distribución del 13.10%.
인베스코는 두 개의 폐쇄형 펀드에 대한 배당금 지급을 발표했습니다. 인베스코 하이 인컴 트러스트 II (VLT)는 주당 $0.0964를 지급하며, 68.78%는 순투자소득에서, 31.22%는 원금 환급으로 이루어집니다. 인베스코 시니어 인컴 트러스트 (VVR)는 주당 $0.0430을 완전히 순투자소득에서 분배합니다.
VVR은 2023년 10월 1일부터 주당 $0.0390에서 $0.0430으로 월 배당금을 인상했습니다. 두 펀드 모두 관리된 배당 계획에 따라 운영되며, VLT는 8.5%의 배당률을 목표로 하고 있습니다. 2024년 11월 30일까지 VLT는 9.40%의 누적 총 수익률을 달성했고 연간 배당률은 9.96%에 달했으며, VVR은 5.97%의 수익률과 13.10%의 배당률을 기록했습니다.
Invesco a annoncé les paiements de dividendes pour deux fonds fermés. Invesco High Income Trust II (VLT) versera $0.0964 par action, avec 68.78% provenant des revenus nets d’investissement et 31.22% sous forme de remboursement du capital. Invesco Senior Income Trust (VVR) distribuera $0.0430 par action, entièrement provenant des revenus nets d’investissement.
VVR a augmenté sa distribution mensuelle de $0.0390 à $0.0430 par action, à compter du 1er octobre 2023. Les deux fonds fonctionnent sous des Plans de Distribution Gérés, avec VLT visant un taux de distribution de 8.5%. À la date du 30 novembre 2024, VLT a réalisé un rendement total cumulé de 9.40% avec un taux de distribution annualisé de 9.96%, tandis que VVR a enregistré un rendement de 5.97% avec un taux de distribution de 13.10%.
Invesco kündigte die Dividendenzahlungen für zwei geschlossene Fonds an. Invesco High Income Trust II (VLT) wird $0.0964 pro Aktie auszahlen, wobei 68.78% aus dem Nettoinvestitionseinkommen und 31.22% als Rückzahlung des Kapitals stammen. Invesco Senior Income Trust (VVR) wird $0.0430 pro Aktie ausschütten, vollständig aus dem Nettoinvestitionseinkommen.
VVR erhöhte seine monatliche Ausschüttung von $0.0390 auf $0.0430 pro Aktie, wirksam ab dem 1. Oktober 2023. Beide Fonds arbeiten unter verwalteten Ausschüttungsplänen, wobei VLT eine Ausschüttungsrate von 8.5% anstrebt. Bis zum 30. November 2024 erzielte VLT eine kumulierte Gesamtrendite von 9.40% mit einer annualisierten Ausschüttungsrate von 9.96%, während VVR eine Rendite von 5.97% mit einer Ausschüttungsrate von 13.10% erzielte.
- VVR increased monthly distribution from $0.0390 to $0.0430 per share
- VLT achieved 9.40% YTD cumulative total return
- VVR achieved 5.97% YTD cumulative total return
- Both funds maintaining consistent dividend payments
- 31.22% of VLT's distribution represents return of capital, not earnings
- VLT's 5-year average annual return of 4.37% is below its distribution rate
- VVR's 7.00% 5-year average return is below its current distribution rate
EX-DATE | RECORD DATE | REINVEST DATE | PAYABLE DATE | ||
12/17/2024 | 12/17/2024 | 12/31/2024 | 12/31/2024 | ||
Name of Closed-End | Ticker | Monthly | Change | % Change | |
Invesco High Income Trust II | VLT | - | - | ||
Invesco Senior Income Trust | VVR | - | - | ||
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. |
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.
Fund | December 2024 | ||||||
Net Investment Income | Net Realized Capital | Estimated Return of | Total | ||||
Per | % of | Per | % of | Per | % of | ||
Invesco High Income Trust II | 68.78 % | 0.00 % | 31.22 % | ||||
Invesco Senior Income Trust | 100.00 % | 0.00 % | 0.00 % | ||||
Fund | CUMULATIVE FISCAL YEAR-TO-DATE (YTD) November 30, 2024* | ||||||
Net Investment Income | Net Realized Capital | Return of Principal (or | Total FYTD | ||||
Per | % of | Per | % of | Per | % of | ||
Invesco High Income Trust II | 59.56 % | 0.00 % | 40.44 % | ||||
Invesco Senior Income Trust | 85.84 % | 0.00 % | 14.16 % | ||||
* 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 November 30, | Five year period | ||
FYTD | Cumulative | Current Rate 3 | Average Annual Total | |
Invesco High Income Trust II | 9.40 % | 7.47 % | 9.96 % | 4.37 % |
Invesco Senior Income Trust | 5.97 % | 9.81 % | 13.10 % | 7.00 % |
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 November 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 November 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 November 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 November 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 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
—Invesco—
CONTACT: Closed-End Funds 800-341-2929
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SOURCE Invesco Ltd.
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