Invesco LTD - IVZ STOCK NEWS

Invesco Ltd. (NYSE: IVZ) and Cerulli Associates launched the Practice Innovation Index on May 18, 2022. This digital tool benchmarks financial practices across business development, wealth management, client service, and practice management. Utilizing over a decade of Cerulli survey data, it provides customized insights designed to enhance financial professionals' businesses. The tool aims to address common challenges such as client acquisition and compliance. It is part of Invesco Total CX, an all-in-one platform designed to optimize client engagement and business outcomes.

Invesco Ltd. (IVZ) reported preliminary assets under management (AUM) of $1,476.1 billion for April 30, 2022, reflecting a 5.1% decrease from the previous month. The firm faced net long-term outflows of $1.3 billion, with non-management fee-earning net outflows totaling $1.4 billion. Money market net inflows were reported at $15.2 billion. AUM was affected by market returns, which decreased assets by $79 billion, while foreign exchange fluctuations contributed to a $13.2 billion decline.

The Boards of Invesco High Income Trust II (VLT) and Invesco Senior Income Trust (VVR) announced dividends on May 2, 2022. VLT maintains its monthly dividend at $0.0964 per share while VVR increases its monthly dividend to $0.0260, effective April 1, 2022, up from $0.0210. The ex-date for both funds is May 13, 2022, with a record date of May 16, 2022. The payment date for both dividends is May 31, 2022. Distributions from both funds may include elements of return of capital, affecting NAV.

Invesco High Income Trust II (VLT) and Invesco Senior Income Trust (VVR) have announced dividend payments. VLT will distribute $0.0964 per share, while VVR increases its dividend to $0.0260 per share, up from $0.0210. Key dates include an ex-date of April 14, 2022, record date of April 18, 2022, and payment date of April 29, 2022. These distributions are part of the funds' Managed Distribution Plans and include portions classified as returns of capital. As of March 31, 2022, VLT's cumulative total return is -1.25%, while VVR's is 0.27%.

Invesco Real Estate Income Trust Inc. has acquired a 100% interest in a self-storage facility in Winston-Salem, North Carolina. The property spans 52,275 square feet and has 491 units, currently 99.1% leased. This acquisition, valued at over $75 million, expands INREIT's portfolio and geographic reach in the Southeastern U.S. The CEO stated that self-storage assets are resilient through economic cycles and provide attractive investment opportunities amid inflation.

Invesco Ltd. (NYSE: IVZ) has launched the Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (EVMT), a pioneering ETF designed to provide exposure to metals crucial for electric vehicle production. This actively managed fund focuses solely on industrial metals like aluminum, cobalt, and nickel, marking it the first ETF to invest in the entire car production process rather than just battery manufacturing. As electric vehicle adoption accelerates in the U.S., notably due to government initiatives aiming for 50% EV sales by 2030, EVMT seeks long-term capital appreciation while expanding Invesco's commodities ETF offerings.

Invesco Ltd. reported first-quarter 2022 results showing a diluted EPS of $0.43, down 53.3% from Q4 2021. Adjusted diluted EPS fell 34.9% to $0.56. The firm experienced net long-term inflows of $17.2 billion, aided by strong demand for ETFs and Fixed Income products. However, AUM decreased by 3.4% to $1,556 billion due to net market losses of $80.9 billion. The company successfully repurchased $200 million in shares and announced a 10% increase in quarterly dividends to $0.1875 per share. CEO Marty Flanagan highlighted client-focused strategies in a volatile market.

SOFR Academy has appointed Alex Edmans, a Professor of Finance at London Business School, to its Panel of Advisors. This strategic move is aimed at enhancing the firm's position in corporate finance and responsible business practices. CEO Marcus Burnett expressed confidence in Edmans’ abilities to provide valuable insights amidst complex market challenges. Edmans, a former educator at the Wharton School, holds a PhD from MIT and has experience in investment banking. His expertise will assist SOFR Academy in bridging academic research with real-world financial solutions.

Eagle Life Insurance Company has announced enhancements to its fixed index annuity portfolio, introducing two new indices and a Performance Rate Rider aimed at increasing growth potential and diversification. The new indices include the Franklin Global Trends Index, which offers global asset class diversification, and the Invesco Dynamic Growth Index, focusing on U.S. equities and bonds across economic cycles. The Performance Rate Rider allows clients to increase participation rates, potentially enhancing interest credited to their annuities. These changes are designed to enrich clients' retirement savings experience.