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Invesco Funds Announce November 2024 Dividend Payments

Invesco's Board of Trustees recently disclosed their latest dividend payouts for two of their key funds, the Invesco High Income Trust II and the Invesco Senior Income Trust. This announcement serves as a vital update for shareholders, providing insights into the funds' financial practices and dividend structures.

Overview of Dividend Payments

On November 29, 2024, both funds will pay dividends with the details listed below:

• - Invesco High Income Trust II (Ticker: VLT): Monthly dividend amount is set at $0.09641.
• - Invesco Senior Income Trust (Ticker: VVR): Monthly dividend amount is $0.0430.

Both funds had a record date of November 15, 2024, meaning shareholders on record as of this date will receive payments. The reinvestment date for these dividends is the same as the payable date, allowing for immediate reinvestment into the funds' units if preferred by the shareholders.

Fund Management and Policies

The Invesco High Income Trust II operates under a Managed Distribution Plan initiated on August 1, 2018. This plan allows the fund to offer a consistent monthly distribution amount calculated at 8.5% of the closing market price per share.

Conversely, the Invesco Senior Income Trust approved an increase in monthly dividends effective from October 1, 2023. The share price rise in distributions reflects the fund's ongoing financial strategies and commitment to shareholder returns. The recent increase for VVR brings its monthly dividend from $0.0390 to $0.0430 per share.

Understanding Returns of Capital

It's crucial for shareholders to note that a portion of the dividends may stem from a return on principal rather than net income. This component of the dividend can lead to confusion regarding actual investment performance. Detailed information about this issue is available in the Section 19 notice on Invesco's website. The estimate indicates that part of the distributions made may not directly correlate with actual earnings or yields, as these figures encapsulate returns on the initial investments alongside other factors that reflect net income.

Year-to-Date Performance Insights

As of October 31, 2024, estimates suggest significant distributions year-to-date for each fund:

• - Invesco High Income Trust II:

- Total FYTD Distribution: $0.7712
- Net investment income at $0.4509 reflects approximately 58.47% of the distribution.

• - Invesco Senior Income Trust:

- Total FYTD Distribution: $0.3440
- 84.07% of this payout comes from net investment income at $0.2892.

Such contributions highlight the relative stability of these funds despite market fluctuations. This comes in hand with the realization that dividends are only a part of the overall return on investments, which shareholders should carefully assess when making investment decisions.

Future Perspectives and Market Factors

Shareholders must remain vigilant regarding the potential changes in market conditions and fund performance which could affect future dividends. Factors like portfolio shifts and varying market dynamics can lead to potential adjustments in the monthly distributions from time to time. The announcement of changes in dividend plans or returns may be made with limited advance notice, emphasizing the need for shareholders to stay informed and engaged with the fund’s management communications.

For further inquiries, shareholders are encouraged to contact Invesco directly. The entity is recognized as a leading global independent investment management firm, managing nearly $1.79 trillion in assets as of September 30, 2024. They strive to enhance the investment experience for clients while offering diverse investment capabilities worldwide.

It is essential for investors to evaluate the risks associated with closed-end funds, which include the potential to lose value and the trade of shares at a discount or premium to their net asset value. Regular brokerage fees may apply, so individuals should thoroughly review terms before proceeding with investments.