Invesco High Income Trust II and Invesco Senior Income Trust Pay Dividends
Invesco has announced important dividend updates for two of its funds. The Invesco Senior Income Trust (VVR) will decrease its monthly distribution from $0.0430 to $0.0380 per share, effective January 1, 2025. Meanwhile, Invesco High Income Trust II (VLT) continues its Managed Distribution Plan established in August 2018, which set a fixed monthly distribution rate of 8.5% of the closing market price.
Both funds operate under Managed Distribution Plans, with a portion of distributions potentially representing a return of capital rather than net income. The funds' actual distribution sources will be detailed in Form 1099-DIV for tax reporting purposes. Shareholders are reminded that distribution amounts may vary based on multiple factors, including portfolio and market conditions.
Invesco ha annunciato importanti aggiornamenti sui dividendi per due dei suoi fondi. L'Invesco Senior Income Trust (VVR) ridurrà la sua distribuzione mensile da $0.0430 a $0.0380 per azione, a partire dal 1 gennaio 2025. Nel frattempo, l'Invesco High Income Trust II (VLT) continua il suo Piano di Distribuzione Gestita stabilito nell'agosto 2018, che ha fissato un tasso di distribuzione mensile del 8,5% del prezzo di mercato di chiusura.
Entrambi i fondi operano sotto Piani di Distribuzione Gestita, con una parte delle distribuzioni che potrebbe rappresentare un ritorno di capitale anziché un reddito netto. Le fonti effettive delle distribuzioni dei fondi saranno dettagliate nel Modulo 1099-DIV per scopi di reporting fiscale. Si ricorda agli azionisti che gli importi delle distribuzioni possono variare in base a diversi fattori, comprese le condizioni del portafoglio e del mercato.
Invesco ha anunciado importantes actualizaciones sobre dividendos para dos de sus fondos. El Invesco Senior Income Trust (VVR) reducirá su distribución mensual de $0.0430 a $0.0380 por acción, a partir del 1 de enero de 2025. Mientras tanto, el Invesco High Income Trust II (VLT) continúa su Plan de Distribución Administrada establecido en agosto de 2018, que fijó una tasa de distribución mensual del 8.5% del precio de mercado de cierre.
Ambos fondos operan bajo Planes de Distribución Administrada, con una parte de las distribuciones que podría representar un retorno de capital en lugar de ingresos netos. Las fuentes reales de distribución de los fondos se detallarán en el Formulario 1099-DIV para fines de reporte fiscal. Se recuerda a los accionistas que los montos de las distribuciones pueden variar según múltiples factores, incluidas las condiciones del portafolio y del mercado.
인베스코는 두 개의 펀드에 대한 중요한 배당금 업데이트를 발표했습니다. 인베스코 시니어 인컴 트러스트 (VVR)는 2025년 1월 1일부터 주당 배당금을 $0.0430에서 $0.0380로 감소시킬 예정입니다. 한편, 인베스코 하이 인컴 트러스트 II (VLT)는 2018년 8월에 설정된 관리 배당 계획을 계속 진행하고 있으며, 이 계획은 종가의 8.5%로 고정된 월 배당률을 설정했습니다.
두 펀드 모두 관리 배당 계획 하에 운영되며, 배당금의 일부는 순수익이 아닌 자본 반환을 나타낼 수 있습니다. 펀드의 실제 배당 출처는 세금 보고 목적으로 1099-DIV 양식에 자세히 기재될 것입니다. 주주들에게는 배당금 금액이 포트폴리오 및 시장 조건을 포함한 여러 요인에 따라 달라질 수 있음을 상기시킵니다.
Invesco a annoncé d'importantes mises à jour des dividendes pour deux de ses fonds. Le Invesco Senior Income Trust (VVR) va réduire sa distribution mensuelle de 0,0430 $ à 0,0380 $ par action, à compter du 1er janvier 2025. Pendant ce temps, le Invesco High Income Trust II (VLT) poursuit son Plan de Distribution Géré établi en août 2018, qui a fixé un taux de distribution mensuel fixe de 8,5 % du prix de marché de clôture.
Les deux fonds fonctionnent sous des Plans de Distribution Gérée, une partie des distributions pouvant représenter un retour de capital plutôt qu'un revenu net. Les sources réelles de distribution des fonds seront détaillées dans le formulaire 1099-DIV à des fins de déclaration fiscale. Les actionnaires sont rappelés que les montants des distributions peuvent varier en fonction de plusieurs facteurs, y compris les conditions du portefeuille et du marché.
Invesco hat wichtige Aktualisierungen zu Dividenden für zwei seiner Fonds angekündigt. Der Invesco Senior Income Trust (VVR) wird seine monatliche Ausschüttung von $0.0430 auf $0.0380 pro Aktie ab dem 1. Januar 2025 senken. In der Zwischenzeit setzt der Invesco High Income Trust II (VLT) seinen im August 2018 eingerichteten Verwalteten Ausschüttungsplan fort, der eine feste monatliche Ausschüttungsquote von 8,5% des Schlusskurses vorsieht.
Beide Fonds arbeiten unter Verwalteten Ausschüttungsplänen, wobei ein Teil der Ausschüttungen möglicherweise eine Rückzahlung von Kapital anstelle von Nettoeinkommen darstellt. Die tatsächlichen Ausschüttungsquellen der Fonds werden im Formular 1099-DIV für steuerliche Zwecke detailliert aufgeführt. Die Aktionäre werden daran erinnert, dass die Ausschüttungsbeträge je nach verschiedenen Faktoren, einschließlich Portfolio- und Marktbedingungen, variieren können.
- Continued commitment to regular dividend payments
- Clear distribution policy through Managed Distribution Plans
- VLT maintains high distribution rate of 8.5%
- VVR monthly distribution decreased by 11.6% (from $0.0430 to $0.0380)
- Portion of distributions may be return of capital rather than earned income
- Distribution amounts subject to market condition variations
EX-DATE | RECORD DATE | REINVEST DATE | PAYABLE DATE |
2/18/2025 | 2/18/2025 | 2/28/2025 | 2/28/2025 |
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 a decrease in the monthly distribution amount payable to common shareholders pursuant to the Fund's Managed Distribution Plan (the "Plan"). Effective January 1, 2025, 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 | February 2025 | ||||||
Net Investment Income | Net Realized Capital | Estimated Return of | Total | ||||
Per | % of | Per | % of | Per | % of | ||
Invesco High Income Trust II | 75.00 % | 0.00 % | 25.00 % | ||||
Invesco Senior Income Trust | 63.68 % | 0.00 % | 36.32 % | ||||
Fund | CUMULATIVE FISCAL YEAR-TO-DATE (YTD) January 31, 2025* | ||||||
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 | 60.84 % | 0.00 % | 39.16 % | ||||
Invesco Senior Income Trust | 86.52 % | 0.00 % | 13.48 % | ||||
* 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 2025 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 January 31, 2025 | Five year period | ||
FYTD | Cumulative | Current Rate 3 | Average Annual Total | |
Invesco High Income Trust II | 9.98 % | 9.24 % | 10.09 % | 3.89 % |
Invesco Senior Income Trust | 7.34 % | 11.96 % | 12.94 % | 6.49 % |
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 January 31, 2025) 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 January 31, 2025.
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 January 31, 2025.
4 Average Annual Total Return represents the compound average of the annual NAV Total Returns of the Fund for the five-year period ending January 31, 2025. 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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