ATLANTA, May 23, 2024
/PRNewswire/ -- The Board of Trustees authorized several Invesco
closed-end funds to declare dividends. This action includes
an increase in the distribution rate for all investment grade
municipal bond closed-end funds.
Today's announcement is the result of Invesco and the Board's
ongoing evaluation of the role distributions have on total return
outcomes experienced by our closed-end fund investors. It is
anticipated that to maintain the distribution amounts outlined
below, certain funds may 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
|
|
6/18/2024
|
6/18/2024
|
6/28/2024
|
6/28/2024
|
|
Name of
Closed-End
Management Investment Company
|
Ticker
|
Monthly
Dividend
Per
Share
|
Change
From Prior
Distribution
|
% Change
From Prior
Distribution
|
|
Invesco Advantage
Municipal Income Trust II
|
VKI
|
$0.05591
|
+0.0210
|
+60 %
|
|
Invesco Bond
Fund
|
VBF
|
$0.0700
|
-
|
-
|
|
Invesco California
Value Municipal Income Trust
|
VCV
|
$0.0646
|
+0.0280
|
+77 %
|
|
Invesco High Income
2024 Target Term Fund
|
IHTA
|
$0.0330
|
-
|
-
|
|
Invesco Municipal
Income Opportunities Trust
|
OIA
|
$0.02911
|
-
|
-
|
|
Invesco Municipal
Opportunity Trust
|
VMO
|
$0.06251
|
+0.0240
|
+62 %
|
|
Invesco Municipal
Trust
|
VKQ
|
$0.06281
|
+0.0237
|
+61 %
|
|
Invesco Pennsylvania
Value Municipal Income Trust
|
VPV
|
$0.06671
|
+0.0342
|
+105 %
|
|
Invesco Quality
Municipal Income Trust
|
IQI
|
$0.06311
|
+0.0228
|
+57 %
|
|
Invesco Trust for
Investment Grade Municipals
|
VGM
|
$0.06461
|
+0.0258
|
+66 %
|
|
Invesco Trust for
Investment Grade New York Municipals
|
VTN
|
$0.06851
|
+0.0291
|
+74 %
|
|
Invesco Value Municipal
Income Trust
|
IIM
|
$0.07711
|
+0.0275
|
+55 %
|
|
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.
The amount of dividends paid by each fund may vary from time to
time. Past amounts of dividends are no guarantee of future
dividend payment amounts.
Investing involves risk and it is possible to lose money on any
investment in the funds.
For additional information, shareholders of the closed end fund
may contact
Beverly Khoo, 332-323-8029
beverly.khoo@invesco.com
About Invesco Ltd.
Invesco Ltd. is a global
independent investment management firm dedicated to delivering an
investment experience that helps people get more out of life. Our
distinctive investment teams deliver a comprehensive range of
active, passive, and alternative investment capabilities. With
offices in more than 20 countries, Invesco managed $1.66 trillion in assets on behalf of clients
worldwide as of March 31, 2024. For
more information, visit www.invesco.com.
Invesco Distributors, Inc. is the U.S. distributor for Invesco
Ltd.'s retail products. Invesco Advisers, Inc. is an investment
adviser; it provides investment advisory services to individual and
institutional clients and does not sell securities. Each entity is
a wholly owned indirect subsidiary of Invesco Ltd.
Note: There is no assurance that a closed-end fund will
achieve its investment objective. Common shares are bought on the
secondary market and may trade at a discount or premium to NAV.
Regular brokerage commissions apply.
NOT A DEPOSIT l NOT FDIC INSURED l NOT
GUARANTEED BY THE BANK | MAY LOSE VALUE |
NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
CONTACT: Closed-End Funds
800-341-2929
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SOURCE Invesco Ltd.