Invesco Closed-End Funds Pay Dividends
Invesco has 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 a monthly dividend of $0.09641 per share, while VVR will pay $0.04301 per share. Both dividends are payable on August 30, 2024, with an ex-date and record date of August 16, 2024. VVR's dividend represents an increase from its previous fixed monthly distribution of $0.0390 per share, effective October 1, 2023. Both funds operate under Managed Distribution Plans, with VLT targeting a distribution rate of 8.5% of its closing market price as of August 1, 2018. The distributions are estimated to include a portion of return of capital, and shareholders will receive a Form 1099-DIV for tax reporting purposes.
Invesco ha annunciato pagamenti di dividendi per due dei suoi fondi chiusi: Invesco High Income Trust II (VLT) e Invesco Senior Income Trust (VVR). VLT pagherà un dividendo mensile di $0,09641 per azione, mentre VVR pagherà $0,04301 per azione. Entrambi i dividendi saranno pagabili il 30 agosto 2024, con una data di ex e una data di registrazione del 16 agosto 2024. Il dividendo di VVR rappresenta un aumento rispetto alla sua precedente distribuzione mensile fissa di $0,0390 per azione, a partire dal 1 ottobre 2023. Entrambi i fondi operano secondo piani di distribuzione gestita, con VLT che mira a un tasso di distribuzione dell'8,5% del suo prezzo di mercato di chiusura al 1 agosto 2018. Le distribuzioni sono stimate includere una parte di ritorno di capitale, e gli azionisti riceveranno un modulo 1099-DIV per scopi di reporting fiscale.
Invesco ha anunciado pagos de dividendos para dos de sus fondos cerrados: Invesco High Income Trust II (VLT) y Invesco Senior Income Trust (VVR). VLT pagará un dividendo mensual de $0,09641 por acción, mientras que VVR pagará $0,04301 por acción. Ambos dividendos son pagaderos el 30 de agosto de 2024, con una fecha ex y una fecha de registro del 16 de agosto de 2024. El dividendo de VVR representa un aumento respecto a su distribución mensual fija anterior de $0,0390 por acción, efectiva el 1 de octubre de 2023. Ambos fondos operan bajo Planes de Distribución Gestionada, con VLT apuntando a una tasa de distribución del 8,5% de su precio de cierre del mercado al 1 de agosto de 2018. Se estima que las distribuciones incluyen una parte del retorno de capital, y los accionistas recibirán un Formulario 1099-DIV para fines de declaración de impuestos.
인베스코는 두 개의 폐쇄형 펀드인 인베스코 하이 인컴 트러스트 II (VLT)와 인베스코 시니어 인컴 트러스트 (VVR)의 배당금 지급을 발표했습니다. VLT는 주당 $0.09641의 월 배당금을 지급할 예정입니다, 반면 VVR은 주당 $0.04301을 지급할 것입니다. 두 배당금 모두 2024년 8월 30일에 지급되며, 기산일 및 기록일은 2024년 8월 16일입니다. VVR의 배당금은 2023년 10월 1일부터 적용되는 이전의 고정 월 배당금 $0.0390에서 증가한 것입니다. 두 펀드는 관리형 배급 계획에 따라 운영되며, VLT는 2018년 8월 1일 기준으로 종가의 8.5%를 목표로 하는 배급 속도를 설정하고 있습니다. 배급은 자본 반환의 일부를 포함할 것으로 추정되며, 주주들은 세금 신고를 위해 1099-DIV 양식을 받게 됩니다.
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 un dividende mensuel de 0,09641 $ par action, tandis que VVR versera 0,04301 $ par action. Les deux dividendes seront payables le 30 août 2024, avec une date ex et une date de registre du 16 août 2024. Le dividende de VVR représente une augmentation par rapport à sa distribution mensuelle fixe précédente de 0,0390 $ 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 % de son prix de marché à la clôture au 1er août 2018. Les distributions devraient inclure une partie du retour de capital, et les actionnaires recevront un formulaire 1099-DIV à des fins de déclaration fiscale.
Invesco hat Dividendenzahlungen für zwei seiner geschlossenen Fonds bekanntgegeben: Invesco High Income Trust II (VLT) und Invesco Senior Income Trust (VVR). VLT wird eine monatliche Dividende von $0,09641 pro Aktie zahlen, während VVR $0,04301 pro Aktie zahlen wird. Beide Dividenden sind am 30. August 2024 zahlbar, mit einem Ex-Datum und einem Record-Datum am 16. August 2024. Die Dividende von VVR stellt eine Erhöhung im Vergleich zu ihrer vorherigen festen monatlichen Ausschüttung von $0,0390 pro Aktie dar, die ab dem 1. Oktober 2023 gilt. Beide Fonds arbeiten unter verwalteten Ausschüttungsplänen, wobei VLT eine Ausschüttungsquote von 8,5% des Schlusskurses vom 1. August 2018 anstrebt. Es wird geschätzt, dass die Ausschüttungen einen Teil der Rückzahlung des Kapitals beinhalten, und die Aktionäre erhalten ein Formular 1099-DIV für steuerliche Berichtszwecke.
- VVR increased its monthly dividend from $0.0390 to $0.0430 per share
- Both funds have maintained consistent dividend payments
- VLT's distribution rate is set at 8.5% of its closing market price
- VLT's fiscal year-to-date cumulative total return is 16.53%
- VVR's fiscal year-to-date cumulative total return is 16.68%
- A portion of the distributions is estimated to be return of capital, which may not reflect actual fund performance
- Both funds have distributed more than their income and net realized capital gains
- VLT's five-year average annual total return is relatively low at 3.67%
EX-DATE | RECORD DATE | REINVEST DATE | PAYABLE DATE |
8/16/2024 | 8/16/2024 | 8/30/2024 | 8/30/2024 |
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 | August 2024 | ||||||
Net Investment Income | Net Realized Capital | Estimated Return of | Total | ||||
Per | % of | Per | % of | Per | % of | ||
Invesco High Income Trust II | 68.05 % | 0.00 % | 31.95 % | ||||
Invesco Senior Income Trust | 77.44 % | 0.00 % | 22.56 % | ||||
Fund | CUMULATIVE FISCAL YEAR-TO-DATE (YTD) July 31, 2024* | ||||||
Net Investment Income | Net Realized Capital | Return of Principal (or | Total FYTD | ||||
Per | % of 2024 | Per | % of 2024 | Per | % of 2024 | ||
Invesco High Income Trust II | 53.42 % | 0.00 % | 46.58 % | ||||
Invesco Senior Income Trust | 81.49 % | 0.00 % | 18.51 % | ||||
* 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 July 31, 2024 | Five year period ending | ||
FYTD | Cumulative | Current | Average Annual Total | |
Invesco High Income Trust II | 16.53 % | 4.18 % | 10.02 % | 3.67 % |
Invesco Senior Income Trust | 16.68 % | 5.34 % | 12.84 % | 6.36 % |
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 July 31, 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 July 31, 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 July 31, 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 July 31, 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.
FAQ
What are the dividend amounts for Invesco High Income Trust II (VLT) and Invesco Senior Income Trust (VVR)?
When is the payable date for the dividends of VLT and VVR?
Has there been a change in VVR's dividend amount?
What is the distribution rate target for Invesco High Income Trust II (VLT)?
Are the distributions from VLT and VVR considered entirely as income?
