Invesco Ltd Stock Price, News & Analysis

The Board of Trustees of Invesco High Income Trust II (VLT) and Invesco Senior Income Trust (VVR) declared dividends effective August 31, 2022. VLT will distribute a monthly dividend of $0.0964 per share, maintaining its prior distribution level. VVR will see an increase in its monthly dividend to $0.0260 per share from $0.0210 per share, effective April 1, 2022. These distributions are part of their respective Managed Distribution Plans aimed at providing consistent cash payments, though they may include returns of capital.

Invesco Ltd. (NYSE: IVZ) announced the final close of its Invesco Credit Partners Fund II on June 30, 2022, raising $644 million, exceeding initial targets. The Fund focuses on distressed credit and special situations in developed markets, particularly targeting small capitalization companies. Managed by Invesco Senior Secured Management, the Fund aims to leverage inefficiencies for higher returns while minimizing risks. The investment strategy led by Paul Triggiani emphasizes senior positions in capital structures. Invesco manages $1.4 trillion in assets globally as of June 30, 2022.

Invesco Ltd. reported a second quarter diluted EPS of $0.26, down 39.5% from the previous quarter and 67.1% year-over-year, with adjusted diluted EPS at $0.39. The company faced $6.8 billion in net long-term outflows and a 10.6% decrease in ending AUM to $1.39 trillion. Despite significant challenges, inflows of $4.8 billion in ETFs and $2.2 billion in Active Fixed Income were noted. Operating income declined 8.7% from Q1 and 26.8% from Q2 2021, while the adjusted operating margin stood at 35.1%. The company redeemed $600 million in senior notes, improving its balance sheet.

Invesco Indexing LLC has officially launched the USD Across-the-Curve Credit Spread Indices (AXI) and USD Financial Conditions Credit Spread Indices (FXI) in partnership with SOFR Academy. Aimed at facilitating the transition from USD LIBOR, AXI and FXI are designed to provide credit-sensitive rates in conjunction with the Secured Overnight Financing Rate (SOFR). These indices are calculated daily and intended to address challenges faced by banks in implementing credit spread adjustments for SOFR-based loans, enhancing market liquidity and transparency.

On July 12, 2022, Invesco Ltd. (NYSE: IVZ) announced its preliminary assets under management (AUM) for June 30, 2022, totaling $1,390.4 billion, reflecting a 4.2% decrease from the previous month. The firm reported net long-term outflows of $3.9 billion during the month, with $15.0 billion in money market net inflows. Unfavorable market returns decreased AUM by $68 billion, while reinvested distributions and foreign exchange fluctuations further impacted AUM. The preliminary average total AUM for the quarter was $1,457.2 billion.

Invesco Ltd. (NYSE: IVZ) is set to release its second quarter 2022 results on July 27, 2022, at approximately 7 a.m. ET. The earnings release and related materials will be available in the Investor Relations section of their website. A conference call will follow at 9 a.m. ET to discuss the results, accessible via a live audio webcast. An audio replay will be available shortly after the call and will remain accessible until August 9, 2022. For more details, visit www.invesco.com/corporate.

Invesco Real Estate Income Trust Inc. has acquired two self-storage portfolios for a combined total of $42 million. This acquisition increases INREIT's self-storage assets to over $128 million. The Bend, Oregon portfolio includes two properties totaling 62,805 square feet with nearly full occupancy. The Clarksville, Tennessee portfolio consists of three properties with a total of 204,425 square feet and solid occupancy rates. This strategic move aims to capitalize on growing populations and strong demand for self-storage solutions.

The Board of Trustees for Invesco High Income Trust II (VLT) and Invesco Senior Income Trust (VVR) declared dividends, effective July 14, 2022. VLT will distribute $0.0964 per share, while VVR will distribute $0.0260 per share starting April 1, 2022. Both funds operate under Managed Distribution Plans aimed at providing shareholders with consistent cash payments. The plans may result in returns of capital if income is insufficient. Variability in dividend amounts is noted, and past distributions do not guarantee future payouts.

Invesco Ltd. is set to announce its second quarter 2022 results on July 26, 2022, with materials available at approximately 7 a.m. ET. A conference call is scheduled for 9 a.m. ET to discuss the results, accessible via a webcast on the company's website. Participants can call 866-803-2143 (U.S. & Canada) or 1-210-795-1098 (International) using the passcode 'Invesco'. The replay will be available post-call and removed after August 9, 2022.