ATLANTA, Aug. 30,
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
|
8/16/2024
|
8/16/2024
|
8/30/2024
|
8/30/2024
|
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.
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.
Fund
|
August
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
|
$0.0333
|
77.44 %
|
$0.0000
|
0.00 %
|
$0.0097
|
22.56 %
|
$0.0430
|
|
|
|
|
|
|
|
|
Fund
|
CUMULATIVE FISCAL
YEAR-TO-DATE (YTD) July 31, 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
|
$0.2575
|
53.42 %
|
$0.0000
|
0.00 %
|
$0.2245
|
46.58 %
|
$0.4820
|
Invesco
Senior Income Trust
|
$0.1752
|
81.49 %
|
$0.0000
|
0.00 %
|
$0.0398
|
18.51 %
|
$0.2150
|
* 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 July 31, 2024
|
Five year period
ending
July 31, 2024
|
FYTD
Cumulative
Total Return1
|
Cumulative
Distribution
Rate 2
|
Current
Annualized
Distribution Rate 3
|
Average Annual
Total
Return 4
|
Invesco High Income
Trust II
|
16.53 %
|
4.18 %
|
10.02 %
|
3.67 %
|
Invesco Senior Income
Trust
|
16.68 %
|
5.34 %
|
12.84 %
|
6.36 %
|
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 July 31, 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 July
31, 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 July 31,
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 July 31,
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 $1.71 trillion in assets on behalf of clients
worldwide as of June 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.