Invesco Closed-End Funds Announce Upcoming Dividend Payments
The Board of Trustees of Invesco's closed-end funds has declared dividends for shareholders, providing essential updates on dividend payouts across their various investment products. These dividends reflect the firm’s commitment to delivering value to its investors.
Key Dividend Dates and Details
Several important dates have been set for the declared dividends, ensuring shareholders are well-informed prior to receipt. Key dates include the ex-date, the record date, and the payable date for each fund affected by these announcements.
Dividend Declaration Overview
Invesco has announced the following dividend details for its closed-end funds:
| Name of Closed-End Management Investment Company | Ticker | Monthly Dividend Per Share | Change From Prior Distribution | % Change From Prior Distribution |
|---|---|---|---|---|
| Invesco Advantage Municipal Income Trust II | VKI | $0.0559 | - | - |
| Invesco Bond Fund | VBF | $0.0740 | - | - |
| Invesco California Value Municipal Income Trust | VCV | $0.0646 | - | - |
| Invesco High Income 2024 Target Term Fund | IHTA | $0.0200 | - | - |
| Invesco Municipal Income Opportunities Trust | OIA | $0.0291 | - | - |
| Invesco Municipal Opportunity Trust | VMO | $0.0625 | - | - |
| Invesco Municipal Trust | VKQ | $0.0628 | - | - |
| Invesco Pennsylvania Value Municipal Income Trust | VPV | $0.0667 | - | - |
| Invesco Quality Municipal Income Trust | IQI | $0.0631 | - | - |
| Invesco Trust for Investment Grade Municipals | VGM | $0.0646 | - | - |
| Invesco Trust for Investment Grade New York Municipals | VTN | $0.0685 | - | - |
| Invesco Value Municipal Income Trust | IIM | $0.0771 | - | - |
Understanding Dividend Payments
Each fund's distributions may contain elements that are not just net income, which highlights the importance of shareholder communications regarding these dividends. A significant portion of some distributions may represent a return of principal rather than just income, which shareholders need to consider when evaluating the returns on their investments.
Invesco High Income 2024 Target Term Fund Overview
In particular, the Invesco High Income 2024 Target Term Fund is outlined to distribute 90% of its income to maintain its regulatory investment status prior to its impending termination. This necessary action underlines the fund's dedication to complying with investment regulation requirements.
Tax and Compliance Considerations
Distributions reported throughout the year will ultimately be detailed in Form 1099-DIV, and further information will be found in individual fund reports, which discuss the nature of these distributions for tax purposes. Additionally, to comply with Section 19 of the Investment Company Act, detailed notices explaining the sources of dividends, especially when they involve more than just net investment income, will be issued to shareholders.
About Invesco Ltd.
As a global leader in investment management, Invesco Ltd. delivers a rich roster of active, passive, and alternative investment solutions. This commitment is evidenced by its management of approximately $1.79 trillion in assets for clients across the globe. With a widespread presence in more than 20 countries, the firm's resources are strategically placed to ensure effective investment strategy execution.
Contact Information
Shareholders seeking additional information about their investments are encouraged to reach out to Invesco via the provided contact number. The company is ready to assist investors with queries regarding their investments or dividend distributions, ensuring that each shareholder is well-supported.
Frequently Asked Questions
What dividends have been declared by Invesco?
Invesco has declared dividends across multiple closed-end funds, with details on monthly payments available for each fund's shareholders.
When are the announced dividends payable?
The payable dates for dividends vary among funds, and shareholders will be informed of specific dates and amounts as they are announced.
How does Invesco determine its dividend payouts?
Dividend payouts are based on the fund's income generated, ensuring compliance with regulatory requirements and maintaining shareholder value.
What is the significance of the Section 19 Notice?
The Section 19 Notice is provided to educate shareholders about the sources of any dividend payments that exceed net investment income, ensuring full transparency in fund operations.
How can shareholders get more information or assistance?
Shareholders can contact Invesco directly at 800-341-2929 for any inquiries or support related to dividends and fund management.
