Welcome to our dedicated page for Invesco Senior Income Trust news (Ticker: VVR), a resource for investors and traders seeking the latest updates and insights on Invesco Senior Income Trust stock.
Invesco Senior Income Trust (NYSE: VVR) is a diversified, closed-end management investment company that aims to provide a high level of current income, consistent with the preservation of capital. The Trust achieves this by investing primarily in a portfolio of interests in floating or variable senior loans to corporations, partnerships, and other entities. These entities operate across diverse industries and geographic regions, offering a broad exposure to different market segments.
The core business of Invesco Senior Income Trust centers around the strategic selection and management of senior loans, which are often secured and senior to other debts in the borrower's capital structure. This positioning typically affords the Trust a higher level of security and income consistency.
Recent achievements include an increased monthly distribution amount declared by the Board of Trustees. Effective October 1, 2023, the Fund's monthly dividend to common shareholders was increased from $0.0390 to $0.0430 per share under its Managed Distribution Plan. This increase is part of the Fund's ongoing commitment to provide shareholders with consistent, periodic cash payments, regardless of income and capital gains realization.
The Fund's financial condition remains robust, supported by a diverse and carefully managed portfolio. The Trust periodically reviews its distribution plans and financial performance to ensure alignment with shareholders' interests and market conditions. The Managed Distribution Plan aims to narrow the discount between the Fund's market price and its net asset value (NAV), although this outcome is not guaranteed.
In terms of current projects, Invesco Senior Income Trust continues to seek attractive senior loan opportunities that align with its investment objectives. The Trust's investment strategy is underpinned by rigorous credit analysis and risk management practices.
Moreover, the Trust benefits from its association with Invesco Ltd., a global independent investment management firm managing $1.66 trillion in assets as of March 31, 2024. Invesco's extensive resources and expertise in active, passive, and alternative investment strategies provide valuable support to the Trust's operations.
The Trust's partnerships with other entities in the financial sector enable it to maintain a diverse and resilient portfolio. These collaborations often involve co-investments and shared risk management strategies, enhancing the Trust's position in the market.
Investing in Invesco Senior Income Trust involves risks, including the potential loss of principal. Shareholders are encouraged to consider these risks and consult with financial advisors as needed.
Invesco Senior Income Trust (NYSE: VVR) announced a decrease in its monthly distribution amount under its Managed Distribution Plan. Starting January 1, 2025, the monthly dividend will decrease from $0.0430 to $0.0380 per share, effective for the January 31, 2025 payment.
The Plan aims to provide consistent periodic cash payments to shareholders, regardless of when income is earned or capital gains realized. While it may help narrow the discount between market price and NAV, this is not guaranteed. If investment income is insufficient, the Fund may distribute long-term capital gains or return capital to maintain distribution levels. The Board retains the right to terminate or amend the Plan, which could affect the Fund's common shares market price.
Invesco High Income Trust II (VLT) and Invesco Senior Income Trust (VVR) have declared their monthly dividends. VLT will distribute $0.09641 per share, while VVR will pay $0.0430 per share, representing an increase from its previous $0.0390 distribution. Both payments are scheduled for December 31, 2024, with an ex-date of December 17, 2024. The distributions are part of the Funds' Managed Distribution Plans, which aim to provide consistent monthly payments to shareholders based on a fixed rate, regardless of when income is earned or capital gains are realized.
Invesco announced dividend payments for two closed-end funds. Invesco High Income Trust II (VLT) will pay $0.0964 per share, with 68.26% from net investment income and 31.74% from return of principal. Invesco Senior Income Trust (VVR) will pay $0.0430 per share, fully derived from net investment income. VVR increased its monthly distribution from $0.0390 to $0.0430 effective October 1, 2023. Both funds operate under Managed Distribution Plans, with VLT targeting an 8.5% distribution rate based on market price.
Invesco High Income Trust II (VLT) and Invesco Senior Income Trust (VVR) have declared their monthly dividends. VLT will distribute $0.09641 per share, while VVR will pay $0.04301 per share, with ex-date, record date, reinvest date, and payable date all set for November 2024. VVR increased its monthly distribution from $0.0390 to $0.0430 effective October 1, 2023. Both funds operate under Managed Distribution Plans, aiming to provide consistent periodic payments regardless of when income is earned or capital gains realized. The distributions may include return of capital if investment income is insufficient to cover the intended monthly distribution.
Invesco announced dividend payments for two closed-end funds: High Income Trust II (VLT) and Senior Income Trust (VVR). VLT will distribute $0.09641 per share, while VVR will pay $0.04301 per share. VVR's distribution represents an increase from its previous $0.0390 per share. Both funds operate under Managed Distribution Plans, with VLT targeting an 8.5% distribution rate. For October 2024, VLT's distribution comprises 68.05% net investment income and 31.95% return of capital, while VVR's consists of 98.14% net investment income and 1.86% return of capital.
Invesco Senior Income Trust (NYSE: VVR) has completed a private placement of Variable Rate Demand Mode Preferred Shares (VRDMs) with qualified institutional buyers. The fund issued two series: $50 million each in Series A and Series B VRDMs, totaling $100 million. The proceeds were used to redeem outstanding Variable Rate Demand Preferred Shares Series W-7. Both new series have a term redemption date of November 1, 2034, with weekly dividend rates set by the fund's remarketing agent. The VRDMs include a liquidity feature and are senior to common shares but junior to fund borrowings.
Invesco High Income Trust II (NYSE: VLT) and Invesco Senior Income Trust (NYSE: VVR) have declared dividends. VLT will distribute $0.09641 per share, while VVR will increase its monthly dividend to $0.04301 per share, up from $0.0390. Both funds operate under Managed Distribution Plans, aiming to provide consistent cash payments to shareholders.
The plans may narrow the discount between market price and NAV but don't guarantee this outcome. If investment income is insufficient, the funds may distribute capital gains or return capital to maintain the managed distribution level. Shareholders will receive a 19(a) Notice and press release disclosing dividend sources when distributions include anything other than net investment income.
Invesco announced dividend payments for two of its closed-end funds: Invesco High Income Trust II (VLT) and Invesco Senior Income Trust (VVR). The dividends will be paid on September 30, 2024, with an ex-date, record date, and reinvest date of September 17, 2024. VLT will pay $0.09641 per share, while VVR will pay $0.04301 per share.
VVR's dividend represents an increase from its previous fixed monthly distribution of $0.0390 per share, effective October 1, 2023. Both funds operate under Managed Distribution Plans, with VLT targeting a distribution rate of 8.5% of the closing market price as of August 1, 2018.
The funds estimate that a portion of the distributions may be a return of capital. The fiscal year-to-date cumulative total returns are 18.53% for VLT and 17.03% for VVR, with current annualized distribution rates of 9.94% and 12.93%, respectively.
Invesco High Income Trust II (VLT) and Invesco Senior Income Trust (VVR) have declared dividends. VLT will maintain its monthly dividend of $0.09641 per share, while VVR will increase its monthly dividend from $0.0390 to $0.04301 per share, effective October 1, 2023. Both funds operate under Managed Distribution Plans, aiming to provide consistent cash payments to shareholders. These plans may distribute long-term capital gains or return capital if investment income is insufficient. The ex-date, record date, reinvest date, and payable date for both funds are set for September 17, September 17, September 30, and September 30, 2024, respectively. Investors should note that distributions may include returns of capital and are subject to tax implications.
Invesco has 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 a monthly dividend of $0.09641 per share, while VVR will pay $0.04301 per share. Both dividends are payable on August 30, 2024, with an ex-date and record date of August 16, 2024. VVR's dividend represents an increase from its previous fixed monthly distribution of $0.0390 per share, effective October 1, 2023. Both funds operate under Managed Distribution Plans, with VLT targeting a distribution rate of 8.5% of its closing market price as of August 1, 2018. The distributions are estimated to include a portion of return of capital, and shareholders will receive a Form 1099-DIV for tax reporting purposes.
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