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). The dividends will be paid on September 30, 2024, with an ex-date, record date, and reinvest date of September 17, 2024. VLT will pay $0.09641 per share, while VVR will pay $0.04301 per share.
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 the closing market price as of August 1, 2018.
The funds estimate that a portion of the distributions may be a return of capital. The fiscal year-to-date cumulative total returns are 18.53% for VLT and 17.03% for VVR, with current annualized distribution rates of 9.94% and 12.93%, respectively.
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). I dividendi saranno pagati il 30 settembre 2024, con una data di esclusione, una data di registrazione e una data di reinvestimento fissate al 17 settembre 2024. VLT pagherà $0.09641 per azione, mentre VVR pagherà $0.04301 per azione.
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 sotto Piani di Distribuzione Gestita, con VLT che punta a un tasso di distribuzione del 8,5% del prezzo di mercato di chiusura al 1 agosto 2018.
I fondi stimano che una parte delle distribuzioni possa essere un ritorno di capitale. I rendimenti cumulati dall'inizio dell'anno fiscale sono del 18,53% per VLT e del 17,03% per VVR, con tassi di distribuzione annualizzati attuali rispettivamente del 9,94% e del 12,93%.
Invesco anunció los pagos de dividendos para dos de sus fondos cerrados: Invesco High Income Trust II (VLT) e Invesco Senior Income Trust (VVR). Los dividendos se pagarán el 30 de septiembre de 2024, con una fecha ex-dividendo, fecha de registro y fecha de reinversión del 17 de septiembre de 2024. VLT pagará $0.09641 por acción, mientras que VVR pagará $0.04301 por acción.
El dividendo de VVR representa un aumento con respecto a su distribución mensual fija anterior de $0.0390 por acción, efectiva a partir del 1 de octubre de 2023. Ambos fondos operan bajo Planes de Distribución Administrada, con VLT apuntando a una tasa de distribución del 8,5% del precio de cierre del mercado al 1 de agosto de 2018.
Los fondos estiman que una parte de las distribuciones puede ser un retorno de capital. Los rendimientos acumulados desde el inicio del año fiscal son del 18,53% para VLT y del 17,03% para VVR, con tasas de distribución anualizadas actuales del 9,94% y 12,93%, respectivamente.
인베스코는 두 개의 폐쇄형 펀드, 인베스코 하이 인컴 트러스트 II (VLT)와 인베스코 시니어 인컴 트러스트 (VVR)의 배당금 지급을 발표했습니다. 배당금은 2024년 9월 30일에 지급될 예정이며, 배당금 지급 제외일, 기록일 및 재투자일은 2024년 9월 17일입니다. VLT는 주당 $0.09641를 지급할 예정이고, VVR는 주당 $0.04301를 지급할 예정입니다.
VVR의 배당금은 2023년 10월 1일부터 시행되는 주당 $0.0390의 고정 월 배당금에서 증가한 것입니다. 두 펀드는 관리 분배 계획에 따라 운영되며, VLT는 2018년 8월 1일 기준 종가의 8.5%의 분배율을 목표로 하고 있습니다.
펀드는 분배의 일부가 자본 반환일 수 있다고 추정합니다. 회계 연도 초부터 누적 총수익률은 VLT가 18.53%, VVR이 17.03%이며, 현재 연환산 분배율은 각각 9.94%와 12.93%입니다.
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). Les dividendes seront payés le 30 septembre 2024, avec une date ex-dividende, une date d'enregistrement et une date de réinvestissement fixées au 17 septembre 2024. VLT versera 0,09641 $ par action, tandis que VVR versera 0,04301 $ par action.
Le dividende de VVR représente une augmentation par rapport à sa distribution mensuelle fixe précédente de 0,0390 $ par action, effective à partir du 1er octobre 2023. Les deux fonds fonctionnent dans le cadre de Plans de Distribution Gérés, VLT visant un taux de distribution de 8,5 % du prix de marché à la clôture au 1er août 2018.
Les fonds estiment qu'une partie des distributions pourrait être un retour de capital. Les rendements cumulés depuis le début de l'année fiscale sont de 18,53 % pour VLT et de 17,03 % pour VVR, avec des taux de distribution annualisés actuels de 9,94 % et 12,93 %, respectivement.
Invesco hat die Dividendenzahlungen für zwei seiner geschlossenen Fonds bekannt gegeben: Invesco High Income Trust II (VLT) und Invesco Senior Income Trust (VVR). Die Dividenden werden am 30. September 2024 ausgezahlt, mit einem Ex-Datum, einem Stichtag und einem Reinvestitionsdatum am 17. September 2024. VLT zahlt $0,09641 pro Aktie, während VVR $0,04301 pro Aktie zahlt.
Die Dividende von VVR stellt eine Erhöhung im Vergleich zur vorherigen festen monatlichen Ausschüttung von $0,0390 pro Aktie dar, die ab dem 1. Oktober 2023 wirksam ist. Beide Fonds operieren unter verwalteten Ausschüttungsplänen, wobei VLT eine Ausschüttungsrate von 8,5% des Schlusskurses am 1. August 2018 anstrebt.
Die Fonds schätzen, dass ein Teil der Ausschüttungen eine Kapitalrückgabe sein könnte. Die kumulierten Gesamterträge seit Jahresbeginn betragen 18,53% für VLT und 17,03% für VVR, mit aktuellen annualisierten Ausschüttungsraten von 9,94% bzw. 12,93%.
- Invesco Senior Income Trust (VVR) increased its monthly dividend from $0.0390 to $0.0430 per share
- VLT's fiscal year-to-date cumulative total return is 18.53%
- VVR's fiscal year-to-date cumulative total return is 17.03%
- VLT's current annualized distribution rate is 9.94%
- VVR's current annualized distribution rate is 12.93%
- Both funds estimate that a portion of the distributions may be a return of capital, which does not necessarily reflect the funds' investment performance
EX-DATE | RECORD DATE | REINVEST DATE | PAYABLE DATE |
9/17/2024 | 9/17/2024 | 9/30/2024 | 9/30/2024 |
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.
Fund | September 2024 | ||||||
Net Investment Income | Net Realized Capital | Estimated Return of | Total | ||||
Per | % of | Per | % of | Per | % of | ||
Invesco High Income | 64.52 % | 0.00 % | 35.48 % | ||||
Invesco Senior | 89.53 % | 0.00 % | 10.47 % | ||||
Fund | CUMULATIVE FISCAL YEAR-TO-DATE (YTD) August 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 | 55.86 % | 0.00 % | 44.14 % | ||||
Invesco Senior | 80.81 % | 0.00 % | 19.19 % | ||||
* 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 August 31, | Five year period ending | ||
FYTD | Cumulative | Current | Average Annual Total | |
Invesco High Income Trust | 18.53 % | 4.97 % | 9.94 % | 4.06 % |
Invesco Senior Income | 17.03 % | 6.45 % | 12.93 % | 6.48 % |
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 August 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 August 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 August 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 August 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
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.
CONTACT: Closed-End Funds, 800-341-2929
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SOURCE Invesco Ltd.
FAQ
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