Invesco LTD - IVZ STOCK NEWS

Invesco announced dividend payments for two of its closed-end funds: Invesco High Income Trust II (VLT) and Invesco Senior Income Trust (VVR). VLT will pay $0.09641 per share, while VVR will pay an increased dividend of $0.04301 per share, effective from October 1, 2023. Both funds operate under Managed Distribution Plans, with VLT targeting an 8.5% distribution rate based on its August 1, 2018 closing price.

The funds estimate that a portion of the distributions may be a return of capital. For the fiscal year-to-date, VLT's cumulative total return was 13.91% with a 3.39% cumulative distribution rate, while VVR's cumulative total return was 15.75% with a 4.27% cumulative distribution rate. Investors are advised that the funds' performance and distribution rates are subject to market conditions and may change.

AVANTA Residential, a private real estate firm focused on the Build-To-Rent (BTR) industry, has launched a new preferred equity investment program. This program aims to meet the capital needs of BTR sponsors, investors, and borrowers in the current high-interest rate environment. AVANTA is seeking to partner with qualified sponsors to finance ground-up developments, acquisitions, and recapitalizations.

The company offers access to the capabilities and experience of Hunt and Invesco Real Estate, two major players in the real estate sector. AVANTA's team has extensive experience in development, acquisitions, asset management, property management, and construction. The firm's unique position in the BTR industry allows it to understand project challenges and opportunities that pure financial investors might miss.

Invesco (NYSE: IVZ) and Galaxy Asset Management have launched the Invesco Galaxy Ethereum ETF (QETH), a spot ETP investing directly in physical Ethereum. QETH began trading on the Cboe BZX Exchange, offering investors access to Ethereum's market price performance as measured by the Lukka Prime Ethereum Reference Rate. This launch follows the successful introduction of the Invesco Galaxy Bitcoin ETF (BTCO) in January.

QETH aims to provide a differentiated and accessible way for investors to participate in the Ethereum market, leveraging Invesco's expertise in ETPs and Galaxy's deep knowledge of digital asset management. The ETF joins Invesco Galaxy's suite of digital asset products, including BTCO, SATO, and BLKC, offering US investors easier access and additional safeguards for creating varied digital asset portfolios.

Invesco (NYSE: IVZ) reported strong financial results for Q2 2024, with record-high AUM of $1.7 trillion, up 12% year-over-year. The company achieved $16.7 billion in net long-term inflows, driven by ETFs, Index, APAC Managed, Private Markets, and Fundamental Fixed Income. Invesco's adjusted diluted EPS increased to $0.43, up 38.7% from Q2 2023. The company's adjusted operating margin improved to 30.9%, reflecting enhanced efficiency. Invesco plans to initiate share buybacks in Q3 and has reduced its net debt to $11.6 million. The company declared a quarterly dividend of $0.205 per common share.

Invesco (NYSE: IVZ) has expanded its active ETF platform by introducing an options income strategy to two of its high-demand offerings. The new Invesco Income Advantage Suite aims to add consistent yield to the Nasdaq 100 Index and S&P 500 Equal Weight Index. The actively managed Invesco QQQ Income Advantage ETF (QQA) and Invesco S&P 500 Equal Weight Income Advantage ETF (RSPA) combine equity exposure with a consistent monthly yield.

Key features of these ETFs include:

• Seasoned experts managing the option overlay
• Focus on attractive yields and long-term capital growth
• Potentially tax-advantaged monthly income
• No leverage
• Highly diversified options portfolio

Invesco (NYSE: IVZ) reported preliminary assets under management (AUM) of $1,715.8 billion as of June 30, 2024, marking a 1.7% increase from the previous month. The firm achieved net long-term inflows of $6.5 billion, alongside non-management fee earning inflows of $0.2 billion. However, money market net outflows were $1.9 billion. Favorable market returns boosted AUM by $24 billion, while FX movements reduced it by $2.4 billion. Reinvested distributions contributed an additional $1.3 billion. Preliminary average total AUM for Q2 stood at $1,669.3 billion, with average active AUM at $994.6 billion.

Segment-wise, ETFs and Index Strategies AUM reached $415.1 billion, Fundamental Fixed Income $272.6 billion, Fundamental Equities $268.8 billion, Private Markets $129.1 billion, APAC Managed $112.4 billion, Multi-Asset/Other $59.6 billion, Global Liquidity $171.6 billion, and QQQ $286.6 billion.

The Board of Trustees of Invesco High Income Trust II and Invesco Senior Income Trust declared dividends. For Invesco High Income Trust II (NYSE: VLT), the monthly dividend is $0.09641 per share, and for Invesco Senior Income Trust (NYSE: VVR), the monthly dividend is $0.04301 per share. The ex-date, record date, reinvest date, and payable date are all set for July 16, 2024, and July 31, 2024, respectively.

Invesco Senior Income Trust will increase its monthly dividend from $0.0390 to $0.0430 per share, effective October 1, 2023, under its Managed Distribution Plan. The Managed Distribution Plans aim to provide consistent periodic cash payments but do not guarantee returns and may involve returning a portion of the capital invested. Dividends may vary, and past performance does not assure future payments.

Shareholders will receive 19(a) Notices disclosing the sources of dividends when they include anything other than net investment income, in compliance with regulatory requirements. For tax reporting purposes, shareholders will get a Form 1099-DIV.

Invesco (NYSE: IVZ) will release its second quarter 2024 results on July 23, 2024. The company will post its earnings release and presentation materials to the Investor Relations section of its website at approximately 7 a.m. ET.

A conference call is scheduled at 9 a.m. ET on the same day to discuss the results. Interested parties in the US and Canada can participate via a toll-free number, while international participants can join using a dedicated passcode. A live audio webcast and replay will be accessible through Invesco's website. The audio replay will be available one hour after the call and will be removed on August 8, 2024.

Invesco announced the dividend payments for its High Income Trust II (VLT) and Senior Income Trust (VVR) funds. The dividends are payable on June 28, 2024, with an ex-date and record date of June 18, 2024. VLT shareholders will receive $0.09641 per share, while VVR shareholders will receive $0.04301 per share. A portion of these dividends is estimated to be a return of capital. The VLT Plan offers an 8.5% distribution rate, and VVR's distribution rate increased in October 2023. Fiscal year-to-date cumulative returns are 12.59% for VLT and 15.11% for VVR. Investors should note that past distributions do not guarantee future payments, and the funds' boards may alter dividend plans without prior notice.