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.
Invesco Ltd. (NYSE: IVZ) reported a diluted EPS of $0.39 for Q3 2022, a 50% increase from Q2 2022 but a 45.1% decline from Q3 2021. The company experienced net long-term outflows of $7.7 billion, worsening from $6.8 billion in Q2 2022. Despite this, Invesco achieved net long-term inflows in active fixed income ($3.7 billion), institutional channels ($3.9 billion), and from its China joint venture ($2.1 billion). Assets under management (AUM) decreased to $1,323.3 billion, down 4.8% from the prior quarter. The firm maintains strong balance sheet management with zero credit facility balance and over $1 billion in cash.
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Invesco Ltd. announced the launch of the Invesco NASDAQ Future Gen 200 ETF (QQQS), targeting smaller-cap companies based on patent value. This ETF is part of the Invesco QQQ Innovation Suite, designed to enhance investor access to innovative firms not included in the Nasdaq 100 Index or Nasdaq Next Generation 100 Index. Companies selected will demonstrate a commitment to innovation through high-quality patents, potentially indicating future growth. The ETF will track the Nasdaq Innovators Completion Cap Index, created in partnership with IPR Strategies.
Invesco Real Estate Income Trust Inc. (IVZ) announced the origination of a floating-rate mezzanine loan and an investment in an affiliated credit fund, totaling $51.8 million. The firm contributed $21.8 million to a mezzanine loan co-originated with a $55 million senior loan by Webster Bank, refinancing a 282,737 square-foot industrial facility in Philadelphia, leased to an investment-grade tenant for 10 years. INREIT aims to diversify its portfolio, investing in both credit and equity for resilient income and appreciation potential.
Invesco Ltd. (NYSE: IVZ) is set to release its third quarter 2022 results on October 25, 2022. The earnings report will be available on the company's website at approximately 7 a.m. ET, followed by a conference call at 9 a.m. ET to discuss the results. Participants can join the call by dialing 866-803-2143 for U.S. and Canada or 1-210-795-1098 internationally. An audio replay will be available one hour post-call, lasting until November 8, 2022.
Invesco Ltd. (NYSE: IVZ) reported preliminary month-end assets under management (AUM) of $1,323.3 billion as of September 30, 2022, reflecting a 6.5% decrease from the previous month. The firm faced net long-term outflows totaling $5.2 billion. Market returns negatively impacted AUM, decreasing it by $82 billion, while foreign exchange (FX) decreased AUM by $9.8 billion. Despite challenges, the company noted non-management fee-earning net inflows of $1.3 billion and money market net inflows of $2.4 billion.
The Board of Trustees of Invesco High Income Trust II (VLT) and Invesco Senior Income Trust (VVR) announced dividend payments effective September 30, 2022. VLT will distribute $0.0964 per share, while VVR will pay $0.0260 per share. The ex-dividend date is September 14, 2022, with a record date of September 15, 2022. Both funds operate under a Managed Distribution Plan, which allows for fixed monthly distributions. Note that part of these distributions may be a return of capital rather than net income.
Invesco Mortgage Capital declared a $0.65 cash dividend per share for Q3 2022, payable on October 27, 2022. The dividend adjustment allows the company to retain more capital to enhance its financial structure. As of August 31, 2022, the company's investment portfolio totaled $4.9 billion, with strong liquidity of approximately $609 million. The debt-to-equity ratio is estimated at 4.7x. Book value per common share ranges between $15.59 to $16.23.
On Sept. 26, 2022, Invesco released its seventh annual Global Factor Investing Study, revealing that over 50% of market participants find factor investing in fixed income increasingly appealing due to volatility management. The study, based on interviews with 151 practitioners managing $25.4 trillion, showed 41% have raised allocations to factor strategies in the past year. Notably, 80% of respondents adjust factor weights dynamically amidst changing economic conditions. A growing number also see fixed income as a source of return potential, with 92% endorsing factor strategies in this area.
Invesco Advisers, Inc. announced a monthly distribution increase for the Invesco Senior Income Trust (NYSE: VVR), effective October 1, 2022. The distribution will rise from $0.026 to $0.032 per share, beginning with the payment on October 31, 2022. This adjustment aligns with the Fund's Managed Distribution Plan, aimed at providing consistent cash payments, although not guaranteed. Shareholders should note that distributions may include returns of capital if investment income is insufficient. The Board reserves the right to amend or terminate the Plan, which may impact the Fund's market price.