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Invesco Closed-End Funds Pay Dividends


PR Newswire | Nov 30, 2020 12:15PM EST

11/30 11:15 CST

Invesco Closed-End Funds Pay Dividends ATLANTA, Nov. 30, 2020

ATLANTA, Nov. 30, 2020 /PRNewswire/ -- The Board of Trustees (the "Board") of each of Invesco Dynamic Credit Opportunities Fund, Invesco High Income Trust II and Invesco Senior Income Trust (each, a "Fund" and collectively, the "Funds") today declared the following dividends:

EX-DATE RECORD DATE REINVEST DATE PAYABLE DATE11/12/20 11/13/20 11/30/20 11/30/20

Name of Closed-End Dividend Amount Change FromManagement Investment Company Ticker Per Share Prior (monthly) Distribution

Invesco Dynamic Credit Opportunities VTA $0.0750^1 -Fund

Invesco High Income Trust II VLT $0.09641 -

Invesco Senior Income Trust VVR $0.02101 -

^1 A portion of this distribution is estimated to be from a return of capitalrather than net income. The 19(a) Notice referenced below provides moreinformation and can be found on the Invesco website at www.invesco.com.

Effective October 1, 2020, the Board of Invesco Dynamic Credit Opportunities Fund (NYSE: VTA) approved a Managed Distribution Plan (the "VTA Plan") for the Fund, whereby the Fund pays its monthly dividend to common shareholders at a stated fixed monthly distribution amount of $0.075 per share.

Effective October 1, 2020, the Board of Invesco Senior Income Trust (NYSE: VVR) approved a Managed Distribution Plan (the "VVR Plan") for the Fund, whereby the Fund pays its monthly dividend to common shareholders at a stated fixed monthly distribution amount of $0.021 per share.

Effective August 1, 2018, the Board of Invesco High Income Trust II (NYSE: VLT) approved a Managed Distribution Plan (the "VLT Plan") for the Fund, whereby the Fund increased its monthly dividend to common shareholders to a stated fixed monthly distribution amount based on a distribution rate of 8.5 percent of the closing market price per share as of August 1, 2018, the date the VLT Plan became effective. The VTA Plan, the VVR Plan and the VLT Plan are collectively referred to herein as the "Plans."

The Plans are intended to provide shareholders with a consistent, but not guaranteed, periodic cash payment from each Fund, regardless of when or whether income is earned, or capital gains are realized. If a Fund's investment income is not sufficient to cover the Fund's intended monthly distribution, the Fund will distribute long-term capital gains and/or return of capital in order to maintain its managed distribution level under its Plan.

The following tables set forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the sources indicated. You should not draw any conclusions about the Funds' investment performance from the amount of this distribution or from the terms of the Plans. All amounts are expressed per common share. Each Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution is estimated to be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in a Fund is paid back to you. A return of capital distribution does not necessarily reflect the Funds' investment performance and should not be confused with "yield" or "income." The amounts and sources of distributions reported in the 19(a) Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend on each Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. Each Fund will send shareholders a Form 1099-DIV for the calendar year that will tell them how to report these distributions for federal income tax purposes.

NOVEMBER 2020

Net Investment Net Realized Capital Return of Capital Income Gains (or Other Capital TotalFund Source) Current Distribution Per % of Per Share % of Per % of (common Share Current Amount Current Share Current share) Amount Distribution Distribution Amount Distribution

Invesco HighIncome Trust $0.0775 80.39% $0.0000 0.00% $0.0189 19.61% $0.0964II

InvescoDynamicCredit $0.0535 71.33% $0.0000 0.00% $0.0215 28.67% $0.0750OpportunitiesFund

InvescoSenior Income $0.0175 83.33% $0.0000 0.00% $0.0035 16.67% $0.0210Trust

CUMULATIVE FISCAL YEAR-TO-DATE (YTD) October 31, 2020*

Net Investment Net Realized Capital Return of Capital Income Gains (or Other Capital Total FYTDFund Source) Distribution (common Per % of 2020 Per Share % of 2020 Per % of 2020 share) Share Distribution Amount Distribution Share Distribution Amount Amount

Invesco HighIncome Trust $0.6843 88.73% $0.0000 0.00% $0.0869 11.27% $0.7712II

InvescoDynamicCredit $0.5711 95.18% $0.0000 0.00% $0.0289 4.82% $0.6000OpportunitiesFund

InvescoSenior Income $0.1414 79.89% $0.0000 0.00% $0.0356 20.11% $0.1770Trust

* Form 1099-DIV for the calendar year will report distributions for federalincome tax purposes. Each Fund's annual report to shareholders will includeinformation regarding the tax character of Fund distributions for the fiscalyear. The final determination of the source and tax characteristics of alldistributions in 2020 will be made after the end of the year.

The monthly distributions are based on estimates and terms of each Fund's Plan. Monthly distribution amounts may vary from these estimates based on a multitude of factors. Changes in portfolio and market conditions may cause deviations from estimates. These estimates should not be taken as indication of a Fund's earnings and performance. The actual amounts and its sources may be subject to additional adjustments and will be reported after year end.

Each Fund's Performance and Distribution Rate Information disclosed in the table below is based on the Fund's net asset value per share (NAV). Shareholders should take note of the relationship between the Fiscal Year-to-date Cumulative Total Return with the Fund's Cumulative Distribution Rate and the Average Annual Total Return with the Fund's Current Annualized Distribution Rate. Each Fund's NAV is calculated as the total market value of all the securities and other assets held by the Fund minus the total liabilities, divided by the total number of shares outstanding. NAV performance may be indicative of a Fund's investment performance. The value of a shareholder's investment in each Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market.

Funds' Performance and Distribution Rate Information:

Fiscal Year-to-date March 1, 2020 to October Five year period ending 31, 2020 October 31, 2020

Fund FYTD Cumulative Current Cumulative Distribution Annualized Average Annual Total Total Return^ 1 Rate ^2 Distribution Return ^4 Rate ^3

Invesco HighIncome Trust 0.17% 5.51% 8.26% 5.68%II

InvescoDynamicCredit -5.87% 5.53% 8.29% 5.14%OpportunitiesFund

InvescoSenior Income -3.44% 4.19% 6.17% 4.53%Trust

^1 Fiscal year-to-date Cumulative Total Return assumes reinvestment ofdistributions. This is calculated as the percentage change in the Fund's NAVover the fiscal year-to-date time period including distributions paid andreinvested.

^2 Cumulative Distribution Rate for the Fund's current fiscal period (March 1,2020 through October 31, 2020) is calculated as the dollar value ofdistributions in the fiscal year-to-date period as a percentage of the Fund'sNAV as of October 31, 2020.

^3 The Current Annualized Distribution Rate is the current fiscal period'sdistribution rate annualized as a percentage of the Fund's NAV as of October31, 2020.

^4 Average Annual Total Return represents the compound average of the annualNAV Total Returns of the Fund for the five-year period ending October 31,2020. Annual NAV Total Return is the percentage change in the Fund's NAV overa year including distributions paid and reinvested.

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 19(a) Notice disclosing the sources of its dividend payment when a distribution includes anything other than net investment income.

The Plans will be subject to periodic review by each Fund's Board, and a Fund's Board may terminate or amend the terms of its Plan at any time without prior notice to the Fund's shareholders. The amendment or termination of a Fund's Plan could have an adverse effect on the market price of such Fund's common shares.

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 more information, call 1-800-341-2929.

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 25 countries, Invesco managed $1.2 trillion in assets on behalf of clients worldwide as of October 31, 2020. For more information, visit www.invesco.com.

Invesco Distributors, Inc. is the US distributor for Invesco Ltd. It is an indirect, wholly owned, subsidiary of Invesco Ltd.

Note:There is no assurance that a closed-end fund will achieve its investment objective. 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 l MAY LOSE VALUE l NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY

-Invesco-

CONTACT: Jeaneen Terrio 212-278-9205 Jeaneen.Terrio@invesco.com

View original content to download multimedia: http://www.prnewswire.com/news-releases/invesco-closed-end-funds-pay-dividends-301181723.html

SOURCE Invesco Ltd.






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