Invesco LTD - IVZ STOCK NEWS

Invesco Ltd. (NYSE: IVZ) reported financial results for Q3 2021, highlighting $13.3 billion in net long-term inflows and a 0.2% increase in ending AUM to $1,528.6 billion. The firm achieved a 26.5% operating margin and 42.1% adjusted operating margin. Total revenues reached $1.75 billion, up 1.7% QoQ and 16.9% YoY. However, net income dropped 10.4% to $330.1 million. Despite $14.6 billion in market losses, strengths were noted in Fixed Income and ETFs. The company declared a common dividend of $0.17 per share.

Invesco Advisers, Inc., a subsidiary of Invesco (NYSE: IVZ), announced the final results of its tender offer for Invesco Dynamic Credit Opportunities Fund (NYSE: VTA). The tender offer expired on October 7, 2021, with approximately 32,779,030 common shares tendered. The Fund accepted 12,596,028 shares at $12.24 each, representing 98.5% of the Fund's NAV of $12.43. A reorganization into an interval fund will be effective on November 1, 2021, ceasing trading on October 28, 2021. The Fund's dividend of $0.0750 per share will be payable on October 22, 2021.

Invesco Ltd. (NYSE: IVZ) reported September 2021 preliminary assets under management (AUM) of $1,528.6 billion, down 2.2% from the previous month. The firm recorded total net inflows of $4.2 billion and net long-term inflows of $3.2 billion. Despite this, AUM decreased by $36 billion due to unfavorable market returns, while foreign exchange impacts totaled $3.1 billion. As of September 30, 2021, the preliminary average total AUM for the quarter was $1,540.5 billion.

Invesco Advisers announced the preliminary results of its tender offer for the Invesco Dynamic Credit Opportunities Fund (NYSE: VTA), which expired on October 7, 2021. The Fund aimed to repurchase up to 12,596,028 shares, but received tenders for about 32,822,242 shares, indicating a prorated purchase for shareholders. Payments for accepted shares will happen five business days post-expiration, at 98.5% of the Fund's NAV. The Fund also continues its managed distribution plan, offering a consistent monthly dividend of $0.075 per share, subject to review and potential changes by its Board of Trustees.

Invesco Ltd. has launched two new ETFs focused on digital assets and blockchain: the Invesco Alerian Galaxy Crypto Economy ETF (SATO) and the Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC). These ETFs aim to provide investors with exposure to global companies involved in cryptocurrency and blockchain technology. Both ETFs will hold a significant allocation to an investment vehicle that directly holds physical cryptocurrency, representing the largest such holding in a U.S. ETF. The funds track indexes developed in partnership with Alerian and Galaxy Digital.

Invesco Ltd. (NYSE: IVZ) will announce its third quarter 2021 financial results on October 26, 2021, at approximately 7:00 a.m. ET. The results and presentation materials will be available on the company's website. A conference call to discuss these results is scheduled for 9:00 a.m. ET. Participants can join by calling the toll-free number for the US & Canada or the international number. The meeting will also be available via a webcast, and an audio replay will be accessible shortly after the call.

LPC West has partnered with Invesco Real Estate to acquire the Cascadian, a new nine-story office building in Seattle's life science corridor. The property, with 211,000 rentable square feet, will be converted into life science space to support local institutions like the University of Washington and Fred Hutchinson Cancer Center. Targeting LEED Platinum certification, the Cascadian will offer modern amenities including a rooftop terrace and transit access. Seattle, ranked as the nation's No. 5 life science city, has seen significant investments in the South Lake Union area, totaling $10 billion over the last 15 years.

Invesco Mortgage Capital announced a cash dividend of $0.09 per share for Q3 2021, payable on October 26, 2021. Stockholders of record as of October 12, 2021 will receive this dividend, with an ex-dividend date set for October 8, 2021. The firm focuses on managing mortgage-backed securities and other related assets. This dividend declaration reflects the company's ongoing commitment to return value to its shareholders despite market uncertainties.