#United States #Atlanta #Invesco High Income #Invesco Senior Income #Dividend Declarations

Overview of Dividend Declarations

On December 2, 2024, Invesco High Income Trust II (Ticker: VLT) and Invesco Senior Income Trust (Ticker: VVR) jointly announced their latest dividend declarations. Both funds aim to provide consistent dividend payments to shareholders, showcasing their commitment to delivering reliable income amidst varying market conditions.

Dividend Details

According to the announcement:

• - Ex-Dividend Date: December 17, 2024
• - Record Date: December 17, 2024
• - Reinvest Date: December 31, 2024
• - Payable Date: December 31, 2024

For Invesco High Income Trust II, the monthly dividend is set at $0.09641 per share, while Invesco Senior Income Trust will distribute $0.0430 per share. Notably, both dividends show stability with no changes from the prior month’s distributions.

Managed Distribution Plans

Both funds operate under Managed Distribution Plans, which are designed to offer shareholders a steady stream of income. For VVR (Invesco Senior Income Trust), a fixed monthly distribution amount of $0.0430 per share became effective from October 1, 2023, reflecting a previously set amount of $0.0390.

Invesco High Income Trust II introduced its Managed Distribution Plan on August 1, 2018, which ensures consistent monthly dividend payments based on an 8.5% distribution rate relative to the market price on the initiation date of the plan.

These Plans are also important as they provide shareholders a periodic cash payment, regardless of the income earned or capital gains realized. It is essential to note that the effectiveness of these plans in narrowing the market price and net asset value (NAV) discount may vary and cannot be guaranteed.

Potential Implications for Investors

Investors should be aware that there may arise instances where these funds’ investment income might not cover the intended monthly distributions. In such cases, distributions could be supplemented by long-term capital gains or return of capital. This could mean that part of the dividend involves a return of shareholder capital, not strictly profit generated from investment activities, which might affect the perceived investment performance.

It is crucial for shareholders to regularly review their fund’s 19(a) Notices, which will outline the sources of each distribution, especially when any part of it includes more than just net investment income. Additionally, tax characteristics regarding these distributions will be reported to shareholders through Form 1099-DIV post-fiscal year.

Conclusion

The regularity of dividends declared by Invesco High Income Trust II and Invesco Senior Income Trust indicates a proactive approach towards maintaining shareholder trust in the current market landscape. However, investors should always stay informed and prepared for potential fluctuations regarding their investments, as regularity in dividend declarations does not guarantee future performance. For more inquiries regarding these funds, investors can reach Invesco at 800-341-2929.

About Invesco Ltd.

Invesco Ltd. is a globally recognized investment management firm, providing a wide array of investment services designed to enhance the financial outcomes for its clients. As of September 30, 2024, Invesco managed a remarkable $1.79 trillion in assets, showcasing their significant presence in the investment community.