Invesco Closed-End Funds Declare Dividends
In This Article:
ATLANTA, May 1, 2024 /PRNewswire/ -- Today, the Board of Trustees of each of the Invesco closed-end funds listed below declared dividends.
Several leveraged municipal closed-end funds have announced distribution rate increases of between 9% and 23% to deliver higher monthly cash flows to shareholders. These changes are intended to help support secondary market trading in fund shares and improve each fund's discount to NAV. It is anticipated that to maintain the distribution amounts outlined below, certain funds may ultimately make distributions from sources other than the current net investment income of the funds. In this regard, the source of monthly distributions may include prior accumulated undistributed net investment income and, potentially, a return of capital.
| EX-DATE | RECORD DATE | REINVEST DATE | PAYABLE DATE |
| 5/15/2024 | 5/16/2024 | 5/31/2024 | 5/31/2024 |
| Name of Closed-End |
Ticker | Monthly Per Share | Change | % Change |
| Invesco Advantage Municipal Income Trust II | VKI | $0.03491 | - | - |
| Invesco Bond Fund | VBF | $0.0700 | +0.0050 | 8 % |
| Invesco California Value Municipal Income Trust | VCV | $0.0366 | - | - |
| Invesco High Income 2024 Target Term Fund | IHTA | $0.0330 | - | - |
| Invesco Municipal Income Opportunities Trust | OIA | $0.02911 | - | - |
| Invesco Municipal Opportunity Trust | VMO | $0.03851 | - | - |
| Invesco Municipal Trust | VKQ | $0.03911 | - | - |
| Invesco Pennsylvania Value Municipal Income Trust | VPV | $0.0325 | - | - |
| Invesco Quality Municipal Income Trust | IQI | $0.04031 | - | - |
| Invesco Trust for Investment Grade Municipals | VGM | $0.03881 | - | - |
| Invesco Trust for Investment Grade New York Municipals | VTN | $0.0394 | - | - |
| Invesco Value Municipal Income Trust | IIM | $0.04961 | - | - |
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| 1 A portion of this distribution is estimated to be from a return of principal rather than net income. The Section 19 notice referenced below provides more information and can be found on the Invesco website at www.invesco.com. |
Form 1099-DIV for the calendar year will report distributions for federal income tax purposes. Each fund's annual report to shareholders will include information regarding the tax character of a fund's distributions for the fiscal year.
The final determination of the source and tax characteristics of all distributions in 2024 will be made after the end of the year.
In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, each fund will provide its shareholders of record on the record date with a Section 19 Notice disclosing the sources of its dividend payment when a distribution includes anything other than net investment income. The Section 19 Notice is not provided for tax reporting purposes but for informational purposes only. If applicable, this Section 19 Notice information can be found on a fund's website at www.invesco.com.