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Invesco Closed-End Funds Declare Dividends
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Invesco Closed-End Funds Declare Dividends

ATLANTA, May 1, 2024 /PRNewswire/ — Today, the Board of Trustees of each of the Invesco closed-end funds listed below declared dividends.

Several leveraged municipal closed-end funds have announced distribution rate increases of between 9% and 23% to deliver higher monthly cash flows to shareholders. These changes are intended to help support secondary market trading in fund shares and improve each fund’s discount to NAV. It is anticipated that to maintain the distribution amounts outlined below, certain funds may ultimately make distributions from sources other than the current net investment income of the funds. In this regard, the source of monthly distributions may include prior accumulated undistributed net investment income and, potentially, a return of capital.

EX-DATE

RECORD DATE

REINVEST DATE

PAYABLE DATE

5/15/2024

5/16/2024

5/31/2024

5/31/2024

 

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

$0.03491

Invesco Bond Fund

VBF

$0.0700

+0.0050

8 %

Invesco California Value Municipal Income Trust  

VCV

$0.0366

Invesco High Income 2024 Target Term Fund

IHTA

$0.0330

Invesco Municipal Income Opportunities Trust  

OIA

$0.02911

Invesco Municipal Opportunity Trust

VMO

 $0.03851

Invesco Municipal Trust

VKQ

 $0.03911

Invesco Pennsylvania Value Municipal Income Trust

VPV

$0.0325

Invesco Quality Municipal Income Trust 

IQI

 $0.04031

Invesco Trust for Investment Grade Municipals

VGM

 $0.03881

Invesco Trust for Investment Grade New York Municipals

 VTN

$0.0394

Invesco Value Municipal Income Trust

IIM

$0.04961


1 A portion of this distribution is estimated to be from a return of principal rather than net income. The Section 19 notice referenced below provides more information and can be found on the Invesco website at www.invesco.com.

 

Form 1099-DIV for the calendar year will report distributions for federal income tax purposes. Each fund’s annual report to shareholders will include information regarding the tax character of a fund’s distributions for the fiscal year. 

The final determination of the source and tax characteristics of all distributions in 2024 will be made after the end of the year.

In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, each fund will provide its shareholders of record on the record date with a Section 19 Notice disclosing the sources of its dividend payment when a distribution includes anything other than net investment income. The Section 19 Notice is not provided for tax reporting purposes but for informational purposes only. If applicable, this Section 19 Notice information can be found on a fund’s website at www.invesco.com.

The amount of dividends paid by each fund may vary from time to time. Past amounts of dividends are no guarantee of future dividend payment amounts.

Investing involves risk and it is possible to lose money on any investment in the funds.

For additional information, shareholders of the closed end fund may contact

Beverly Khoo, 332-323-8029  beverly.khoo@invesco.com

About Invesco Ltd.

Invesco Ltd. is a global independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. Our distinctive investment teams deliver a comprehensive range of active, passive, and alternative investment capabilities. With offices in more than 20 countries, Invesco managed $1.66 trillion in assets on behalf of clients worldwide as of March 31, 2024. For more information, visit www.invesco.com.

Invesco Distributors, Inc. is the U.S. distributor for Invesco Ltd.’s retail products. Invesco Advisers, Inc. is an investment adviser; it provides investment advisory services to individual and institutional clients and does not sell securities. Each entity is a wholly owned indirect subsidiary of Invesco Ltd.

Note: There is no assurance that a closed-end fund will achieve its investment objective. Common shares are bought on the secondary market and may trade at a discount or premium to NAV. Regular brokerage commissions apply.

NOT A DEPOSIT l  NOT FDIC INSURED  l  NOT GUARANTEED BY THE BANK  |  MAY LOSE VALUE  |  NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY

CONTACT:   Closed-End Funds   800-341-2929

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/invesco-closed-end-funds-declare-dividends-302133313.html

SOURCE Invesco Ltd.

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