ATLANTA, Oct. 31,
2024 /PRNewswire/ -- The Board of Trustees (the
"Board") of each of Invesco High Income Trust II and Invesco
Senior Income Trust (each, a "Fund" and collectively, the "Funds")
today announces the payment of the following dividends:
EX-DATE
|
RECORD
DATE
|
REINVEST
DATE
|
PAYABLE
DATE
|
10/16/2024
|
10/16/2024
|
10/31/2024
|
10/31/2024
|
Name of
Closed-End
Management Investment Company
|
Ticker
|
Monthly Dividend
Amount Per Share
|
Change From Prior
Distribution
|
% Change From Prior
Distribution
|
Invesco High Income
Trust II
|
VLT
|
$0.09641
|
-
|
-
|
Invesco Senior Income
Trust
|
VVR
|
$0.04301
|
-
|
-
|
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 VVR Plan and the VLT Plan are collectively
referred to herein as the "Plans."
The Board of Trustees (the "Board") of Invesco Senior Income
Trust (NYSE: VVR) (the "Fund") approved an increase in the monthly
distribution amount payable to common shareholders pursuant to the
Fund's Managed Distribution Plan (the "Plan"). Effective
October 1, 2023, the Fund will pay
its monthly dividend to common shareholders at a stated fixed
monthly distribution amount of $0.0430 per share, an increase from a stated
fixed monthly distribution amount of $0.0390 per share.
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.
Fund
|
October
2024
|
Net Investment
Income
|
Net Realized Capital
Gains
|
Estimated Return of
Principal (or Other Capital Source)
|
Total Current
Distribution
(common share)
|
Per Share
Amount
|
% of Current
Distribution
|
Per Share
Amount
|
% of Current
Distribution
|
Per Share
Amount
|
% of Current
Distribution
|
Invesco High Income
Trust II
|
$0.0656
|
68.05 %
|
$0.0000
|
0.00 %
|
$0.0308
|
31.95 %
|
$0.0964
|
Invesco Senior Income
Trust
|
$0.0422
|
98.14 %
|
$0.0000
|
0.00 %
|
$0.0008
|
1.86 %
|
$0.0430
|
|
|
|
|
|
|
|
|
Fund
|
CUMULATIVE FISCAL
YEAR-TO-DATE (YTD) September 30, 2024*
|
Net Investment
Income
|
Net Realized Capital
Gains
|
Return of Principal
(or Other Capital Source)
|
Total FYTD
Distribution
(common share)
|
Per Share
Amount
|
% of 2024
Distribution
|
Per Share
Amount
|
% of 2024
Distribution
|
Per Share
Amount
|
% of 2024
Distribution
|
Invesco High Income
Trust II
|
$0.3853
|
57.10 %
|
$0.0000
|
0.00 %
|
$0.2895
|
42.90 %
|
$0.6748
|
Invesco Senior Income
Trust
|
$0.2470
|
82.06 %
|
$0.0000
|
0.00 %
|
$0.0540
|
17.94 %
|
$0.3010
|
* 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 Fund 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.
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:
Fund
|
Fiscal Year-to-date
March 1, 2024 to September 30, 2024
|
Five year period
ending September 30, 2024
|
FYTD Cumulative
Total Return1
|
Cumulative
Distribution Rate 2
|
Current Annualized
Distribution
Rate 3
|
Average Annual Total
Return 4
|
Invesco High Income
Trust II
|
8.77 %
|
5.75 %
|
9.85 %
|
4.31 %
|
Invesco Senior Income
Trust
|
5.01 %
|
7.54 %
|
12.93 %
|
6.69 %
|
1 Fiscal year-to-date Cumulative Total Return
assumes reinvestment of distributions. This is calculated as the
percentage change in the Fund's NAV over the fiscal year-to-date
time period including distributions paid and reinvested.
2 Cumulative Distribution Rate for the Fund's
current fiscal period (March 1, 2024
to September 30, 2024) is calculated
as the dollar value of distributions in the fiscal year-to-date
period as a percentage of the Fund's NAV as of September 30, 2024.
3 The Current Annualized Distribution Rate is
the current fiscal period's distribution rate annualized as a
percentage of the Fund's NAV as of September
30, 2024.
4 Average Annual Total Return represents the
compound average of the annual NAV Total Returns of the Fund for
the five-year period ending September 30,
2024. Annual NAV Total Return is the percentage change in
the Fund's NAV over a 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 additional information, shareholders of the closed end fund
may call Invesco at 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 more than 20 countries, Invesco managed $1.79 trillion in assets on behalf of clients
worldwide as of September 30, 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
—Invesco—
CONTACT: Closed-End Funds
800-341-2929
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SOURCE Invesco Ltd.