Invesco Ltd Stock Price, News & Analysis

Invesco High Income Trust II (VLT) and Invesco Senior Income Trust (VVR) have declared their monthly dividends. VLT will distribute $0.09641 per share, while VVR will pay $0.0430 per share, representing an increase from its previous $0.0390 distribution. Both payments are scheduled for December 31, 2024, with an ex-date of December 17, 2024. The distributions are part of the Funds' Managed Distribution Plans, which aim to provide consistent monthly payments to shareholders based on a fixed rate, regardless of when income is earned or capital gains are realized.

Invesco announced dividend payments for two closed-end funds. Invesco High Income Trust II (VLT) will pay $0.0964 per share, with 68.26% from net investment income and 31.74% from return of principal. Invesco Senior Income Trust (VVR) will pay $0.0430 per share, fully derived from net investment income. VVR increased its monthly distribution from $0.0390 to $0.0430 effective October 1, 2023. Both funds operate under Managed Distribution Plans, with VLT targeting an 8.5% distribution rate based on market price.

Invesco's 2025 Investment Outlook presents three scenarios for global markets. The base case anticipates significant monetary policy easing fostering an attractive environment for risk assets as central banks achieve a 'soft landing.' The outlook expects US economy to grow near potential rate, with Fed lowering policy rates toward neutral in 2025. While Eurozone faces structural challenges, rate cuts should help push economic growth up. Japan is expected to reaccelerate in 2025, while China may see modest deceleration. The outlook favors overweight to risky assets, particularly cyclicals and smaller caps, with attractive opportunities in bonds despite tight spreads.

Invesco (NYSE: IVZ) reported preliminary month-end assets under management (AUM) of $1,772.0 billion for October 31, 2024, representing a 1.3% decrease from the previous month. The firm experienced net long-term inflows of $2.0 billion, while facing non-management fee earning net outflows of $0.2 billion and money market net outflows of $1.8 billion. The AUM decline was primarily attributed to unfavorable market returns reducing AUM by $13 billion and FX impacts decreasing AUM by $10.5 billion. Preliminary average total AUM for the quarter through October stood at $1,792.0 billion, with average active AUM at $1,022.8 billion.

Invesco Advisers announced details of tender offers for two municipal funds: Invesco Trust for Investment Grade New York Municipals (NYSE: VTN) and Invesco Pennsylvania Municipal Income Trust (NYSE: VPV). Each Fund will conduct a cash tender offer for 25% of outstanding common shares at 99% of NAV. The offers will run from November 7 to December 9, 2024. If more shares are tendered than authorized, purchases will be made on a prorated basis. The tender offers are part of agreements with Saba Capital Management, which has agreed to certain standstill covenants. Both funds have recently traded at a discount to their NAV.

Invesco High Income Trust II (VLT) and Invesco Senior Income Trust (VVR) have declared their monthly dividends. VLT will distribute $0.09641 per share, while VVR will pay $0.04301 per share, with ex-date, record date, reinvest date, and payable date all set for November 2024. VVR increased its monthly distribution from $0.0390 to $0.0430 effective October 1, 2023. Both funds operate under Managed Distribution Plans, aiming to provide consistent periodic payments regardless of when income is earned or capital gains realized. The distributions may include return of capital if investment income is insufficient to cover the intended monthly distribution.

Invesco announced dividend payments for two closed-end funds: High Income Trust II (VLT) and Senior Income Trust (VVR). VLT will distribute $0.09641 per share, while VVR will pay $0.04301 per share. VVR's distribution represents an increase from its previous $0.0390 per share. Both funds operate under Managed Distribution Plans, with VLT targeting an 8.5% distribution rate. For October 2024, VLT's distribution comprises 68.05% net investment income and 31.95% return of capital, while VVR's consists of 98.14% net investment income and 1.86% return of capital.

Invesco Real Estate has closed $958 million in loan commitments across 11 floating rate senior loans in North America and one whole loan facility in Europe during Q3 2024. The company's total loan commitments in North America reached $1.7 billion across 24 loans year-to-date. The Q3 originations represented a 126% quarter-over-quarter increase, marking six consecutive quarters of growth. The loans primarily cover industrial, multifamily, and self-storage properties. Notable transactions include a €272 million European logistics facility loan and multiple floating-rate senior loans ranging from $11.3 million to $128 million across various U.S. locations.

According to Invesco's ninth annual Global Systematic Investing Study, mega-cap tech stock performance has significantly impacted factor returns, leading systematic investors to adjust their strategies. The study, based on views from investors managing $22.3 trillion, reveals that 52% of investors have increased Value allocations in the past year to hedge against concentration risk.

The research shows 46% of systematic investors outperformed both traditional active approaches and market-weighted strategies. Investors are increasingly sophisticated in their approach, with 91% adjusting factor weights over time, up from 75% in 2023. There's also growing adoption of systematic strategies in alternative assets, with 40% now applying systematic approaches to real estate, up from 31% in 2023.