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 announced dividend declarations for two closed-end funds. Invesco High Income Trust II (VLT) declared a monthly dividend of $0.09641 per share, while Invesco Senior Income Trust (VVR) declared $0.03801 per share. VVR's distribution represents a decrease from its previous $0.0430 monthly payment, effective January 1, 2025.
Both funds operate under Managed Distribution Plans, with VLT following an 8.5% distribution rate based on its August 1, 2018 market price. The dividends will be paid on February 28, 2025, with an ex-date and record date of February 18, 2025. The plans aim to provide consistent periodic payments, regardless of when income is earned or capital gains realized, and may include return of capital when necessary to maintain distribution levels.
Invesco High Income Trust II (VLT) and Invesco Senior Income Trust (VVR) announced their dividend payments for January 2025. VLT maintains its monthly dividend at $0.09641 per share, while VVR decreases its dividend by 12% to $0.03801 per share, effective January 1, 2025.
For January 2025, VLT's distribution comprises 64.42% from net investment income and 35.58% from return of principal. VVR's distribution includes 78.16% from net investment income and 21.84% from return of principal. The fiscal year-to-date total returns through December 31, 2024, were 8.36% for VLT and 7.39% for VVR.
Both funds operate under Managed Distribution Plans, with VLT targeting an 8.5% distribution rate based on market price. The distributions are subject to periodic review and may include return of capital.
AVANTA Residential has secured an $8 million preferred equity investment for Boardwalk Village, marking its second such investment in the Build-to-Rent sector. The development will feature 203 high-quality patio homes located 30 miles from downtown Houston and north of the Woodlands.
The project includes 24 studio, 80 one-bedroom, and 99 two-bedroom detached patio home units and two-story flats. Community amenities will include a resident lounge, community kitchen, resort-style pool, dog park, recreational space, and grilling stations. The development is strategically positioned near major employers like Exxon Mobile, HP, and Southwestern Energy, within the highly-ranked Conroe Independent School District.
Invesco (NYSE: IVZ) reported strong Q4 2024 results with diluted EPS of $0.46 and adjusted diluted EPS of $0.52. The company achieved $25.6 billion in net long-term inflows for the quarter and $65.1 billion for the full year 2024, primarily driven by ETFs and APAC Managed investments.
Assets Under Management (AUM) reached $1.85 trillion, marking a 2.8% increase from the previous quarter and a 16.4% rise year-over-year. The company demonstrated solid financial performance with a 19.6% operating margin and 33.7% adjusted operating margin in Q4. Operating revenues increased by 5.1% quarter-over-quarter to $1,593.0 million.
During Q4, Invesco maintained strong balance sheet management with zero balance on their credit facility and $1 billion in cash equivalents. The company continued its shareholder return program, repurchasing 1.4 million common shares for $25 million and declaring a quarterly dividend of $0.205 per share.
Invesco (NYSE: IVZ) reported preliminary assets under management (AUM) of $1,846.0 billion as of December 31, 2024, marking a 0.6% decrease from the previous month. The company experienced net long-term inflows of $12.6 billion and money market net inflows of $12.0 billion. However, unfavorable market returns reduced AUM by $42 billion, while FX movements decreased it by $7.0 billion. This was partially offset by reinvested distributions of $12.4 billion.
The preliminary average total AUM for the quarter through December 31 was $1,824.4 billion, with average active AUM at $1,024.4 billion. ETFs & Index Strategies represented $484.0 billion of total AUM, while the QQQ portfolio stood at $318.9 billion.
Invesco (NYSE: IVZ) has scheduled the release of its fourth quarter 2024 financial results for Tuesday, January 28, 2025. The earnings release and presentation materials will be available on the company's Investor Relations website at approximately 7 a.m. ET.
A conference call to discuss the results will be held at 9 a.m. ET the same day, accessible via live audio webcast. The company has provided toll-free numbers for US & Canada (866-803-2143) and international callers (1-210-795-1098). An audio replay will be available until February 13, 2025, accessible through US & Canada (800-551-8152) and international (1-203-369-3810) numbers.
Invesco has announced dividend declarations for two of its funds. Invesco High Income Trust II (VLT) will maintain its monthly dividend at $0.09641 per share, while Invesco Senior Income Trust (VVR) will decrease its monthly distribution by 12% to $0.03801 per share, effective January 1, 2025.
Both funds operate under Managed Distribution Plans aimed at providing consistent periodic cash payments to shareholders. VLT's plan, effective since August 2018, is based on an 8.5% distribution rate of the closing market price. The distributions may include investment income, capital gains, and/or return of capital. The ex-date, record date, reinvest date, and payable date for both funds are set for January 17, January 17, January 31, and January 31, 2025, respectively.
Invesco announced dividend payments for two closed-end funds. Invesco High Income Trust II (VLT) will pay $0.0964 per share, with 68.78% from net investment income and 31.22% as return of principal. Invesco Senior Income Trust (VVR) will distribute $0.0430 per share, entirely from net investment income.
VVR increased its monthly distribution from $0.0390 to $0.0430 per share effective October 1, 2023. Both funds operate under Managed Distribution Plans, with VLT targeting an 8.5% distribution rate. Year-to-date through November 30, 2024, VLT achieved a 9.40% cumulative total return with a 9.96% annualized distribution rate, while VVR posted a 5.97% return with a 13.10% distribution rate.
Invesco Mortgage Capital (NYSE: IVR) has announced a quarterly cash dividend of $0.40 per share for the fourth quarter of 2024. The dividend will be distributed on January 24, 2025 to shareholders recorded as of December 30, 2024. The ex-dividend date is set for December 30, 2024.
Invesco Canada has announced estimated December 2024 cash distributions and annual reinvested distributions for its ETFs. Cash distributions will be payable on January 8, 2025, to unitholders of record on December 30, 2024. The annual reinvested distributions, primarily consisting of capital gains and return of capital, will be automatically reinvested with immediate unit consolidation, maintaining the same number of units while increasing the adjusted cost base.
These figures are estimates as of December 15, 2024, with final rates to be confirmed around December 27, 2024. The tax characteristics for all 2024 distributions will be reported by February 2025 end. The announcement includes detailed per-unit distribution amounts for various ETF categories including asset allocation, fixed income, ESG fixed income, equity income, and low-volatility equity funds.