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Invesco High Income Trust II, and Invesco Senior Income Trust Declare Dividends

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Invesco High Income Trust II and Invesco Senior Income Trust have declared dividends with specific dates and dividend amounts. Invesco Senior Income Trust has increased its monthly distribution amount for common shareholders. Both funds have implemented Managed Distribution Plans to provide consistent cash payments, potentially narrowing the discount between market price and net asset value. However, the Plans are not guaranteed, and distributions may include return of capital. Shareholders should be aware of potential risks and consult tax information for accurate reporting.

Invesco High Income Trust II e Invesco Senior Income Trust hanno annunciato dividendi con date e importi specifici. Invesco Senior Income Trust ha aumentato l'importo della distribuzione mensile per gli azionisti comuni. Entrambi i fondi hanno attuato piani di distribuzione gestiti per fornire pagamenti in contanti costanti, che potrebbero ridurre lo scarto tra il prezzo di mercato e il valore dell'attivo netto. Tuttavia, i piani non sono garantiti e le distribuzioni possono includere la restituzione di capitale. Gli azionisti dovrebbero essere consapevoli dei potenziali rischi e consultare le informazioni fiscali per una corretta rendicontazione.
Invesco High Income Trust II e Invesco Senior Income Trust han declarado dividendos con fechas y montos específicos. Invesco Senior Income Trust ha incrementado su cantidad de distribución mensual para los accionistas comunes. Ambos fondos han implementado Planes de Distribución Gestionada para proveer pagos en efectivo consistentes, lo que podría estrechar la diferencia entre el precio de mercado y el valor del activo neto. Sin embargo, los planes no están garantizados y las distribuciones pueden incluir devolución de capital. Los accionistas deben estar conscientes de los riesgos potenciales y consultar la información fiscal para una correcta declaración.
Invesco High Income Trust II와 Invesco Senior Income Trust는 특정 날짜와 배당금액을 선언했습니다. Invesco Senior Income Trust는 일반 주주들을 위한 월간 배포 금액을 증가시켰습니다. 두 펀드 모두 시장 가격과 순자산 가치 사이의 격차를 좁히고 일관된 현금 지급을 제공하기 위해 관리 배포 계획을 시행했습니다. 그러나 이 계획은 보장되지 않으며 배포금은 자본의 반환을 포함할 수 있습니다. 주주들은 잠재적 위험을 인지하고 정확한 보고를 위해 세금 정보를 확인해야 합니다.
Invesco High Income Trust II et Invesco Senior Income Trust ont déclaré des dividendes avec des dates et des montants spécifiques. Invesco Senior Income Trust a augmenté le montant de sa distribution mensuelle pour les actionnaires ordinaires. Les deux fonds ont mis en œuvre des plans de distribution gérés afin de fournir des paiements en espèces réguliers, ce qui pourrait réduire l'écart entre le prix du marché et la valeur nette des actifs. Cependant, ces plans ne sont pas garantis et les distributions peuvent inclure un retour de capital. Les actionnaires doivent être conscients des risques potentiels et consulter les informations fiscales pour un rapport précis.
Invesco High Income Trust II und Invesco Senior Income Trust haben Dividenden mit spezifischen Daten und Beträgen bekannt gegeben. Invesco Senior Income Trust hat seinen monatlichen Ausschüttungsbetrag für Stammaktionäre erhöht. Beide Fonds haben Verwaltete Ausschüttungspläne eingeführt, um regelmäßige Barzahlungen zu leisten, was möglicherweise den Abschlag zwischen Marktpreis und Nettoinventarwert verringert. Die Pläne sind jedoch nicht garantiert und Ausschüttungen können eine Rückzahlung des Kapitals beinhalten. Aktionäre sollten sich der potenziellen Risiken bewusst sein und Steuerinformationen für eine korrekte Berichterstattung konsultieren.
Positive
  • Invesco Senior Income Trust (VVR) has approved an increase in the monthly distribution amount for common shareholders, offering potentially higher returns.

  • The Managed Distribution Plans implemented by both Invesco High Income Trust II and Invesco Senior Income Trust aim to provide consistent cash payments to shareholders.

Negative
  • The Plans are not guaranteed, and if a Fund's investment income is insufficient, long-term capital gains and/or return of capital may be distributed, potentially affecting the return for shareholders.

  • The amendment or termination of a Fund's Plan could have an adverse effect on the market price of the Fund's common shares, introducing uncertainty for investors.

ATLANTA, May 1, 2024 /PRNewswire/ -- The Board of Trustees (the "Board") of each of Invesco High Income Trust II and Invesco Senior Income Trust (each, a "Fund" and collectively, the "Funds") today declared the following dividends:

EX-DATE

RECORD DATE

REINVEST DATE

PAYABLE DATE

5/15/2024

5/16/2024

5/31/2024

5/31/2024

 

Name of Closed-End
Management Investment Company

 

Ticker

Monthly
Dividend
Amount Per
Share

Change
From Prior
Distribution

% Change
From Prior
Distribution

Invesco High Income Trust II

VLT

$0.09641

-

-

Invesco Senior Income Trust

VVR

$0.04301

-

-

 

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 $0.0430 per share, an increase from a stated fixed monthly distribution amount of $0.0390 per share.

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 Plans are intended to provide shareholders with a consistent, but not guaranteed, periodic cash payment from each Fund, regardless of when or whether income is earned, or capital gains are realized.  The Plans may have the effect of narrowing the discount between each Fund's market price and the net asset value ("NAV") of each Fund's common shares, but there is no assurance that the Plans will be effective in this regard.

If a 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 its Plan. A 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 a Fund is paid back to them. A return of capital distribution does not necessarily reflect a Fund's investment performance and should not be confused with "yield" or "income." No conclusions should be drawn about a Fund's investment performance from the amount of the Fund's distributions or from the terms of its 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 Funds by the Securities and Exchange Commission, each 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 each Fund's investment experience during the remainder of its full 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. Information on the Funds' 19(a) Notices can be found at www.invesco.com.

The final determination of the source and tax characteristics of all distributions in 2024 will be made after the end of the year.

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 $1.66 trillion in assets on behalf of clients worldwide as of March 31, 2024. For more information, visit www.invesco.com.

Invesco Distributors, Inc. is the U.S. distributor for Invesco Ltd.'s retail products. Invesco Advisers, Inc. is an investment adviser; it provides investment advisory services to individual and institutional clients and does not sell securities. Each entity is a wholly owned indirect subsidiary of Invesco Ltd.

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 

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.    

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SOURCE Invesco Ltd.

FAQ

What dividends were declared by Invesco High Income Trust II and Invesco Senior Income Trust?

Invesco High Income Trust II and Invesco Senior Income Trust declared dividends with specific dates and amounts, including an increase in the monthly distribution amount for Invesco Senior Income Trust.

What are the Tickers for Invesco High Income Trust II and Invesco Senior Income Trust?

The Ticker for Invesco High Income Trust II is VLT, and for Invesco Senior Income Trust is VVR.

What are Managed Distribution Plans?

Managed Distribution Plans aim to provide consistent cash payments to shareholders, potentially narrowing the discount between market price and net asset value.

What are the risks associated with investing in the funds?

Investing in the funds involves risk, and it is possible to lose money on any investment due to fluctuations in dividend amounts and potential return of capital distributions.

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