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.
Invesco Ltd. reports recurring developments as a global asset management firm serving retail and institutional clients through equity, fixed income, ETF and index, private markets, multi-asset and global liquidity strategies. Company updates frequently cover assets under management, net long-term and money market flows, market and foreign-exchange effects on AUM, investment management fees, service and distribution fees, and quarterly operating results.
News also includes product and platform developments such as QQQ’s conversion to an open-end fund ETF, institutional ETF adoption research, and strategic partnerships tied to tokenized investment products and digital asset infrastructure.
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.
Invesco reported a decrease in assets under management (AUM) to $1,625.2 billion as of April 30, 2024. The firm experienced net long-term inflows of $5.0 billion, with non-management fee earning net inflows of $0.7 billion and money market net outflows of $1.0 billion. Unfavorable market returns and FX impacts contributed to the decrease in AUM. Preliminary average total AUM for the quarter through April 30 was $1,640.4 billion.
Invesco High Income Trust II and Invesco Senior Income Trust have declared dividends with specific dates and dividend amounts. Invesco Senior Income Trust has increased its monthly distribution amount for common shareholders. Both funds have implemented Managed Distribution Plans to provide consistent cash payments, potentially narrowing the discount between market price and net asset value. However, the Plans are not guaranteed, and distributions may include return of capital. Shareholders should be aware of potential risks and consult tax information for accurate reporting.
Invesco High Income Trust II and Invesco Senior Income Trust have announced the payment of dividends with new distribution amounts, notably increasing the monthly dividend amount for common shareholders. The Funds have distributed more than their income and net realized capital gains, resulting in a return of capital to shareholders. The performance and distribution rates of both Funds have shown positive growth trends. Shareholders should be aware of the factors affecting the Funds' monthly distribution amounts and the potential risks involved in investing.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.