ATLANTA, Jan. 29,
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
|
|
2/15/2024
|
2/16/2024
|
2/29/2024
|
2/29/2024
|
|
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
|
$0.03491
|
+0.0040
|
13 %
|
|
Invesco Bond
Fund
|
VBF
|
$0.0650
|
-
|
-
|
|
Invesco California
Value Municipal Income Trust
|
VCV
|
$0.0366
|
+0.0046
|
14 %
|
|
Invesco High Income
2024 Target Term Fund
|
IHTA
|
$0.0330
|
-
|
-
|
|
Invesco Municipal
Income Opportunities Trust
|
OIA
|
$0.02911
|
+0.0026
|
10 %
|
|
Invesco Municipal
Opportunity Trust
|
VMO
|
$0.0385
|
+0.0045
|
13 %
|
|
Invesco Municipal
Trust
|
VKQ
|
$0.03911
|
+0.0045
|
13 %
|
|
Invesco Pennsylvania
Value Municipal Income Trust
|
VPV
|
$0.03251
|
+0.0047
|
17 %
|
|
Invesco Quality
Municipal Income Trust
|
IQI
|
$0.04031
|
+0.0045
|
13 %
|
|
Invesco Trust for
Investment Grade Municipals
|
VGM
|
$0.0388
|
+0.0046
|
13 %
|
|
Invesco Trust for
Investment Grade New York Municipals
|
VTN
|
$0.03941
|
+0.0074
|
23 %
|
|
Invesco Value Municipal
Income Trust
|
IIM
|
$0.04961
|
+0.0055
|
12 %
|
|
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 $1.5 trillion in assets on behalf of clients
worldwide as of December 31, 2023.
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.
