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. (IVZ), a leading global investment management firm, provides this centralized hub for all official news and financial disclosures. Track the latest developments through press releases, earnings reports, and strategic announcements from the $1.5 trillion AUM manager.
This resource offers investors and professionals immediate access to critical updates including quarterly results, product launches, leadership changes, and regulatory filings. All content is sourced directly from Invesco’s communications to ensure accuracy and timeliness.
Key categories include earnings announcements, fund performance updates, corporate governance changes, and market commentary. Bookmark this page to monitor Invesco’s active/passive strategy developments, ETF innovations, and global expansion efforts.
On November 1, 2021, Invesco Advisers announced the successful reorganization of Invesco Dynamic Credit Opportunities Fund (NYSE: VTA) into the newly established closed-end interval fund, Invesco Dynamic Credit Opportunity Fund. Shareholders approved this transition at the Annual Meeting on September 3, 2021. The Interval Fund will offer Class AX shares priced at the fund's net asset value, with initial quarterly repurchase offers expected in early 2022. This reorganization aims to maintain the same investment strategy as the original fund.
The Board of Trustees of Invesco High Income Trust II (VLT) and Invesco Senior Income Trust (VVR) has announced dividends for October 2021. VLT declared a monthly dividend of $0.09641 per share, while VVR declared $0.02101 per share. Payment of these dividends is made on October 29, 2021, following the ex-date of October 13, 2021 and record date of October 14, 2021. These distributions are part of their Managed Distribution Plans, designed to provide regular cash payments to shareholders.
Avanta Residential, a Hunt Companies affiliate, has secured a strategic investment from Invesco Real Estate, enhancing its build-for-rent platform. This recapitalization focuses on scaling operations to meet the growing demand for single-family rentals, influenced by changing lifestyles post-COVID-19. Invesco acquired 75% of the company, aiming to provide high-quality living experiences and strong returns for its clients. Avanta plans to develop over 40 neighborhoods, with 5,000 homes underway, leveraging Hunt's extensive real estate experience and expertise.
Invesco Ltd. (NYSE: IVZ) reported financial results for Q3 2021, highlighting $13.3 billion in net long-term inflows and a 0.2% increase in ending AUM to $1,528.6 billion. The firm achieved a 26.5% operating margin and 42.1% adjusted operating margin. Total revenues reached $1.75 billion, up 1.7% QoQ and 16.9% YoY. However, net income dropped 10.4% to $330.1 million. Despite $14.6 billion in market losses, strengths were noted in Fixed Income and ETFs. The company declared a common dividend of $0.17 per share.
Invesco Advisers, Inc., a subsidiary of Invesco (NYSE: IVZ), announced the final results of its tender offer for Invesco Dynamic Credit Opportunities Fund (NYSE: VTA). The tender offer expired on October 7, 2021, with approximately 32,779,030 common shares tendered. The Fund accepted 12,596,028 shares at $12.24 each, representing 98.5% of the Fund's NAV of $12.43. A reorganization into an interval fund will be effective on November 1, 2021, ceasing trading on October 28, 2021. The Fund's dividend of $0.0750 per share will be payable on October 22, 2021.
Invesco Ltd. (NYSE: IVZ) reported September 2021 preliminary assets under management (AUM) of $1,528.6 billion, down 2.2% from the previous month. The firm recorded total net inflows of $4.2 billion and net long-term inflows of $3.2 billion. Despite this, AUM decreased by $36 billion due to unfavorable market returns, while foreign exchange impacts totaled $3.1 billion. As of September 30, 2021, the preliminary average total AUM for the quarter was $1,540.5 billion.
Invesco Advisers announced the preliminary results of its tender offer for the Invesco Dynamic Credit Opportunities Fund (NYSE: VTA), which expired on October 7, 2021. The Fund aimed to repurchase up to 12,596,028 shares, but received tenders for about 32,822,242 shares, indicating a prorated purchase for shareholders. Payments for accepted shares will happen five business days post-expiration, at 98.5% of the Fund's NAV. The Fund also continues its managed distribution plan, offering a consistent monthly dividend of $0.075 per share, subject to review and potential changes by its Board of Trustees.
Invesco Ltd. has launched two new ETFs focused on digital assets and blockchain: the Invesco Alerian Galaxy Crypto Economy ETF (SATO) and the Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC). These ETFs aim to provide investors with exposure to global companies involved in cryptocurrency and blockchain technology. Both ETFs will hold a significant allocation to an investment vehicle that directly holds physical cryptocurrency, representing the largest such holding in a U.S. ETF. The funds track indexes developed in partnership with Alerian and Galaxy Digital.
Invesco Ltd. (NYSE: IVZ) will announce its third quarter 2021 financial results on October 26, 2021, at approximately 7:00 a.m. ET. The results and presentation materials will be available on the company's website. A conference call to discuss these results is scheduled for 9:00 a.m. ET. Participants can join by calling the toll-free number for the US & Canada or the international number. The meeting will also be available via a webcast, and an audio replay will be accessible shortly after the call.
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