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. 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.
The Board of Invesco High Income Trust II (VLT) and Invesco Senior Income Trust (VVR) announced the monthly dividends for shareholders. VLT will pay a dividend of $0.0964 per share, while VVR will pay $0.0260 per share. The ex-date for these dividends is June 14, 2022, and they will be payable on June 30, 2022. Invesco has approved Managed Distribution Plans for both funds, aiming to provide consistent returns. Shareholders should note that a part of the distributions may be a return of capital rather than net income.
Invesco Mortgage Capital Inc. (NYSE: IVR) has declared a cash dividend of $0.90 per share for Q2 2022, payable on July 27, 2022. The ex-dividend date is set for July 8, 2022. The company reported a total investment portfolio of $5.2 billion, including $4.4 billion in Agency RMBS, and a debt-to-equity ratio of 4.1x. Book value per share is estimated between $15.94 and $16.60. In light of market volatility, the company has adjusted its investment strategy to manage risks effectively.
FLX Networks has announced that Invesco Ltd. (IVZ) has joined its platform, enhancing its omnichannel engagement strategy. The partnership aims to modernize the engagement experience between asset managers and advisors. Invesco's membership signifies the effectiveness of FLX’s tools among various management sizes. Since its inception in December 2019, FLX has partnered with nearly 60 asset managers representing over $2 trillion in combined assets under management (AUM), establishing itself as a pioneer in the industry.