Invesco Ltd - IVZ STOCK NEWS

Invesco has announced important dividend updates for two of its funds. The Invesco Senior Income Trust (VVR) will decrease its monthly distribution from $0.0430 to $0.0380 per share, effective January 1, 2025. Meanwhile, Invesco High Income Trust II (VLT) continues its Managed Distribution Plan established in August 2018, which set a fixed monthly distribution rate of 8.5% of the closing market price.

Both funds operate under Managed Distribution Plans, with a portion of distributions potentially representing a return of capital rather than net income. The funds' actual distribution sources will be detailed in Form 1099-DIV for tax reporting purposes. Shareholders are reminded that distribution amounts may vary based on multiple factors, including portfolio and market conditions.

Invesco (NYSE: IVZ) has launched the Invesco SteelPath MLP & Energy Infrastructure ETF (PIPE), an actively managed ETF focusing on midstream energy infrastructure equities and Master Partnerships (MLPs). The fund targets North American companies involved in gathering, processing, transporting, and storing natural gas, natural gas liquids, crude oil, and other hydrocarbons.

The ETF leverages Invesco SteelPath's expertise in midstream infrastructure investing, dating back to 2004. PIPE aims to capitalize on strong sector fundamentals, offering investors potential benefits from distribution yields and capital appreciation, supported by growing midstream volumes driven by data centers and LNG exports.

MLPs in the fund combine private partnership tax benefits with stock liquidity advantages, enabling cash distributions to investors. The business model is particularly attractive due to its fee-based service structure and growth prospects.

Invesco (NYSE: IVZ) reported preliminary assets under management (AUM) of $1,902.8 billion as of January 31, 2025, marking a 3.1% increase from the previous month. The growth was driven by multiple factors including:

- Net long-term inflows of $5.1 billion
- Non-management fee earning net inflows of $2.3 billion
- Money market net inflows of $11.3 billion
- Favorable market returns adding $37 billion
- FX movements contributing $1.2 billion

The preliminary average total AUM for the quarter through January stood at $1,873.9 billion, with average active AUM at $1,035.9 billion. Key segments included ETFs & Index Strategies ($507.3B), QQQ ($328.3B), and Fundamental Fixed Income ($283.0B).

Invesco Private Credit has announced the successful close of its flagship Invesco Direct Lending Fund II, along with similar vehicles, totaling $1.4 billion of investable capital. The direct lending team operates within Invesco's $48 billion private credit platform, which has a 36-year history.

The strategy focuses on originating senior secured loans for sponsored, core middle market companies in North America with EBITDA of $20-75 million. The investment approach emphasizes capital preservation through disciplined asset selection and rigorous underwriting, targeting well-established companies with proven business models and stable cash generation in industries with favorable long-term trends.

Invesco (NYSE: IVZ) has announced that its Chief Financial Officer, Allison Dukes, will participate in a fireside chat at the Bank of America Financial Services Conference on February 11, 2025, at 8:00 a.m. ET.

The event will be accessible through a live audio webcast available on Invesco's investor relations website (http://ir.invesco.com). For those unable to attend the live session, a replay option will be provided after the event concludes.

Invesco (NYSE: IVZ) has announced that its President and CEO, Andrew Schlossberg, will participate in a fireside chat at the UBS Financial Services Conference on February 10, 2025, at 11:20 a.m. ET. The event will be accessible through a live audio webcast via the company's investor relations website at http://ir.invesco.com. For those who cannot attend the live session, a replay option will be made available after the event.

Invesco announced dividend declarations for two closed-end funds. Invesco High Income Trust II (VLT) declared a monthly dividend of $0.09641 per share, while Invesco Senior Income Trust (VVR) declared $0.03801 per share. VVR's distribution represents a decrease from its previous $0.0430 monthly payment, effective January 1, 2025.

Both funds operate under Managed Distribution Plans, with VLT following an 8.5% distribution rate based on its August 1, 2018 market price. The dividends will be paid on February 28, 2025, with an ex-date and record date of February 18, 2025. The plans aim to provide consistent periodic payments, regardless of when income is earned or capital gains realized, and may include return of capital when necessary to maintain distribution levels.

Invesco High Income Trust II (VLT) and Invesco Senior Income Trust (VVR) announced their dividend payments for January 2025. VLT maintains its monthly dividend at $0.09641 per share, while VVR decreases its dividend by 12% to $0.03801 per share, effective January 1, 2025.

For January 2025, VLT's distribution comprises 64.42% from net investment income and 35.58% from return of principal. VVR's distribution includes 78.16% from net investment income and 21.84% from return of principal. The fiscal year-to-date total returns through December 31, 2024, were 8.36% for VLT and 7.39% for VVR.

Both funds operate under Managed Distribution Plans, with VLT targeting an 8.5% distribution rate based on market price. The distributions are subject to periodic review and may include return of capital.

AVANTA Residential has secured an $8 million preferred equity investment for Boardwalk Village, marking its second such investment in the Build-to-Rent sector. The development will feature 203 high-quality patio homes located 30 miles from downtown Houston and north of the Woodlands.

The project includes 24 studio, 80 one-bedroom, and 99 two-bedroom detached patio home units and two-story flats. Community amenities will include a resident lounge, community kitchen, resort-style pool, dog park, recreational space, and grilling stations. The development is strategically positioned near major employers like Exxon Mobile, HP, and Southwestern Energy, within the highly-ranked Conroe Independent School District.