Welcome to our dedicated page for Invesco news (Ticker: IVZ), a resource for investors and traders seeking the latest updates and insights on Invesco stock.
News about Invesco Ltd. (IVZ) centers on its role as a global asset management firm and its ongoing business developments. Company press releases cover topics such as monthly assets under management updates, product changes, strategic partnerships and capital management actions. Investors following IVZ news can see how Invesco communicates about flows into its strategies, the evolution of its product lineup and its broader views on global markets.
Recent news includes preliminary month-end assets under management figures, which break down total AUM and flows across categories such as long-term strategies, non-management fee earning assets and money market assets. Invesco also issues announcements about quarterly financial results and scheduled earnings releases, providing context on its operating performance and reporting calendar.
Invesco’s news flow highlights product and structural changes, including the modernization of Invesco QQQ from a unit investment trust ETF to an open-end fund ETF, and the launch of digital asset ETPs like the Invesco Galaxy Solana ETP in partnership with Galaxy Asset Management. The firm also reports on strategic partnerships, such as its collaboration with LGT Capital Partners to develop multi-alternative private markets solutions and an agreement with CI Global Asset Management involving Invesco’s Canadian fund business.
In addition, Invesco publishes investment outlooks, such as its 2026 Investment Outlook, which discuss macroeconomic themes and asset class implications. These materials, together with regulatory filings referenced in Form 8-K reports, form a detailed picture of how Invesco positions its business and responds to market conditions. Investors and observers can use the IVZ news stream to monitor assets under management trends, product initiatives and the firm’s perspective on global markets.
Invesco announced the dividend payments for its High Income Trust II (VLT) and Senior Income Trust (VVR) funds. The dividends are payable on June 28, 2024, with an ex-date and record date of June 18, 2024. VLT shareholders will receive $0.09641 per share, while VVR shareholders will receive $0.04301 per share. A portion of these dividends is estimated to be a return of capital. The VLT Plan offers an 8.5% distribution rate, and VVR's distribution rate increased in October 2023. Fiscal year-to-date cumulative returns are 12.59% for VLT and 15.11% for VVR. Investors should note that past distributions do not guarantee future payments, and the funds' boards may alter dividend plans without prior notice.
Invesco has launched the Invesco MSCI Global Climate 500 ETF (KLMT) on the New York Stock Exchange, backed by a $1.6 billion investment from Finnish pension insurer Varma. The ETF aims to track the MSCI ACWI Select Climate 500 Index, focusing on companies with a strong record of reducing greenhouse gases and carbon emissions. This initiative underscores the growing institutional interest in ETFs for their tax efficiency, liquidity, and cost-effectiveness. Brian Hartigan, Global Head of ETFs & Indexed Investments at Invesco, highlighted the firm's ability to deliver customized, cross-regional ETFs. Timo Sallinen from Varma emphasized that the investment aligns with their responsible investing principles and provides greater flexibility for their €61 billion assets.
Invesco Mortgage Capital announced a cash dividend of $0.40 per share for Q2 2024. This dividend will be paid on July 26, 2024, to shareholders who are on record at the close of business on July 5, 2024. The ex-dividend date is also July 5, 2024. This announcement reflects the company's ongoing commitment to providing returns to its shareholders.
Invesco Trust for Investment Grade New York Municipals (VTN) and Invesco Pennsylvania Value Municipal Income Trust (VPV) have announced plans for cash tender offers for 25% of their outstanding common shares. The tender price is set at 99% of each Fund's net asset value (NAV) per share. The tender offers will commence between October 31, 2024, and November 8, 2024. The move follows a Standstill Agreement with Saba Capital Management, L.P., requiring Saba to comply with specific standstill covenants. Over-subscription will lead to pro rata share repurchases. Further details will be provided in future press releases, and relevant documents will be available on the SEC website.
Invesco announced the addition of two new BulletShares ETFs to its fixed income lineup on June 12, 2024. These ETFs, the BulletShares 2034 Corporate Bond ETF (BSCY) and the BulletShares 2032 High Yield Corporate Bond ETF (BSJW), aim to offer higher yields and better visibility on potential returns. The BulletShares ETFs combine the advantages of ETF investing with the benefits of individual bonds, including increased liquidity, low costs, and broad diversification. These new products are designed to hedge against interest rate volatility and provide investors with monthly income and cash distribution at termination. Invesco also offers a BulletShares ETF Bond Ladder Tool to help investors manage their income streams and risk exposure effectively.
Invesco (NYSE: IVZ) announced that its assets under management (AUM) reached $1,687.7 billion as of May 31, 2024, marking a 3.8% increase compared to the previous month. The firm saw net long-term inflows of $5.2 billion, non-management fee earning inflows of $5.7 billion, and money market inflows of $7.7 billion. Market returns and favorable FX rates contributed $42 billion and $2.3 billion respectively to the AUM. Preliminary average total AUM for the quarter through May 31 were $1,651.5 billion, with average active AUM at $991.1 billion
Breakdown by categories: ETFs & Index Strategies at $405.6 billion, Fundamental Fixed Income at $271.5 billion, Fundamental Equities at $268.3 billion, Private Markets at $127.7 billion, APAC Managed at $111.5 billion, Multi-Asset/Other at $60 billion, Global Liquidity at $173 billion, and QQQ at $270.1 billion.
The Board of Trustees of Invesco High Income Trust II (NYSE: VLT) and Invesco Senior Income Trust (NYSE: VVR) announced dividends for May 2024. Effective August 1, 2018, VLT adopted a Managed Distribution Plan, establishing a fixed monthly distribution rate of 8.5% based on the closing market price. VVR increased its monthly dividend to $0.043 per share from $0.039 effective October 1, 2023.
For May 2024, VLT’s distribution per common share comprises 60.06% net investment income ($0.0579) and 39.94% return of principal ($0.0385). VVR’s distribution includes 73.02% net investment income ($0.0314) and 26.98% return of principal ($0.0116). Fiscal Year-to-date distributions for VLT and VVR are $0.1928 and $0.0860 per share, respectively, with significant portions being return of capital and investment income.
Investment performance metrics for March 1, 2024 to April 30, 2024 indicate a fiscal year-to-date total return of 11.08% for VLT and 14.18% for VVR. Current annualized distribution rates are 10.24% for VLT and 12.71% for VVR. Past performance is not indicative of future results and dividend amounts may vary.
Invesco (NYSE: IVZ) announced that Andrew Schlossberg, President and CEO, will participate in a fireside chat at the Bernstein Strategic Decisions Conference. The event is scheduled for May 31, 2024, at 10:00am EDT in New York, NY. A live audio webcast will be available on Invesco's investor relations website, with a replay option for those who cannot attend the live session.
On May 23, 2024, Invesco announced dividends for Invesco High Income Trust II (VLT) and Invesco Senior Income Trust (VVR). Both funds declared dividends payable on June 28, 2024. VLT's monthly dividend remains at $0.09641 per share, while VVR's remains at $0.04301 per share, following an increase from $0.0390 per share effective October 1, 2023. The managed distribution plans aim to provide consistent cash payments but may result in return of capital if income is insufficient. Distributions may affect each fund's market price and NAV discount but are not guaranteed. The funds comply with SEC regulations regarding dividend sources disclosures.
Invesco Commercial Real Estate Finance Trust (INCREF) has announced six loan originations totaling $499.2 million for 2024. These transactions target multifamily properties in high-performing submarkets, bringing their total commitments since inception to $1.2 billion across 16 loans. Key projects include two loans for a townhouse portfolio in Brooklyn, NY, totaling $270 million, and other significant loans in California and Texas. The loans focus on institutional-quality assets, well-known sponsors, and geographic diversification. INCREF aims to maintain steady operations across market cycles, with loans advanced at moderate leverage levels.