Group 1 - Invesco Ltd. will release its first quarter 2025 results on April 22, 2025, at approximately 7 a.m. ET [1] - A conference call to discuss the results will take place at 9 a.m. ET on the same day, with a live audio webcast available [1][2] - The earnings release and presentation materials will be posted on the Investor Relations section of Invesco's website [1] Group 2 - Invesco Ltd. is a global independent investment management firm with offices in over 20 countries [3] - The firm offers a comprehensive range of active, passive, and alternative investment capabilities [3] - For more information, Invesco's website can be visited at www.invesco.com [3]

Core Viewpoint - The Nasdaq-100 index, which includes 100 of the largest nonfinancial companies on the Nasdaq stock exchange, has experienced a correction after reaching an all-time high, presenting a potential buying opportunity for long-term investors [1][2]. Group 1: Nasdaq-100 Overview - The Nasdaq-100 index has delivered impressive returns in recent years, particularly due to its concentration of major tech companies leading the AI industry [1]. - The index has historically recovered to new record highs after corrections, suggesting resilience and potential for future growth [2]. Group 2: Invesco QQQ Trust - The Invesco QQQ Trust is an ETF that tracks the Nasdaq-100, holding the same stocks with similar weightings, making it a viable investment option [3]. - The top three holdings in the Invesco QQQ ETF are Apple, Microsoft, and Nvidia, which together have a combined market capitalization of $9 trillion [4]. Group 3: AI Industry Leaders - The ETF includes several leading companies in the AI sector, such as Amazon and Broadcom, alongside lesser-known AI powerhouses like Netflix, Cisco Systems, Intuitive Surgical, Advanced Micro Devices, and Palo Alto Networks [5]. - Netflix, with 301.6 million subscribers, utilizes AI for content recommendations and has generated a record profit of $8.7 billion on $39 billion in revenue last year [6]. - Cisco is pivoting towards AI, integrating it into its products like Webex and collaborating with Nvidia for AI security solutions [7]. - Intuitive Surgical's Da Vinci robot leverages AI for enhanced surgical precision, while AMD supplies GPUs for AI workloads, posing competition to Nvidia [8][9]. - Palo Alto Networks is integrating AI into its cybersecurity products, significantly improving threat detection and response capabilities [10][11]. Group 4: Market Conditions and Future Outlook - Stock market corrections of 10% or more are common, occurring approximately every two and a half years, often due to economic uncertainties [12]. - Tariffs imposed by the U.S. government have historically impacted the Nasdaq-100, but the index has shown resilience and recovery in the past [13][14]. - The AI sector is projected to contribute $15.7 trillion to the global economy by 2030, indicating strong growth potential for companies within the Invesco QQQ ETF [15].

As I’ve covered in a previous article , Invesco Mortgage Capital Inc. (NYSE: IVR ) offers a very high dividend yield and its business is geared to stable or lower rates. Thus, I was expecting IVR to be a good play bothLabutes IR is a Fund Manager/Analyst specialized in the financial sector, with more than 18 years of experience in the financial markets. I have worked at several type of institutions in the industry, always at the buy side and related to portfolio management. Associated with the existing auth ...

Core Viewpoint - Invesco Advisors, Inc. has announced the removal of Managed Distribution Plans (MDP) for two closed-end funds, Invesco Senior Income Trust (VVR) and Invesco High Income Trust II (VLT), while maintaining monthly distributions to investors [2][3]. Group 1: Fund Management Changes - The removal of the MDPs is intended to provide the funds with greater flexibility to adjust to changing income levels, as the previous MDP led to varying levels of undistributed net investment income due to market volatility [3][4]. - There are no other changes to the portfolios, investment philosophies, teams, or management styles of VVR and VLT [4]. Group 2: Distribution Details - Monthly distributions for various Invesco closed-end funds have been declared, with specific amounts listed for each fund, including VVR at $0.03801 and VLT at $0.09641 per share [6]. - The source of these distributions may include prior accumulated undistributed net investment income and potentially a return of capital, indicating that not all distributions will come from current net investment income [5]. Group 3: Tax and Reporting Information - Each fund will provide a Section 19 Notice to shareholders disclosing the sources of its dividend payments when distributions include anything other than net investment income [8]. - Form 1099-DIV will report distributions for federal income tax purposes, and annual reports will include information regarding the tax character of the distributions [7].

ATLANTA, March 20, 2025 /PRNewswire/ -- Invesco Advisers, Inc., a subsidiary of Invesco Ltd. (NYSE: IVZ), announced today that, effective immediately, the Board of Trustees ("Board") of each of Invesco High Income Trust II (NYSE: VLT) and Invesco Senior Income Trust (NYSE: VVR) (each, a "Fund" and collectively, the "Funds") terminated the Managed Distribution Plan for each Fund (individually, the "VLT Plan" and "VVR Plan" and collectively, the "Plans"). Pursuant to the VLT Plan, VLT paid a stated fixed mont ...

Core Viewpoint - Invesco has launched the Invesco QQQ 15 Index, designed to provide equity exposure with a target volatility of 15%, aimed at enhancing risk-adjusted returns through index-linked crediting strategies available on Eagle Life's Select Focus series fixed index annuities [1][2]. Group 1: Invesco QQQ 15 Index Features - The Invesco QQQ 15 Index will utilize a responsive methodology to adjust index exposure daily, maintaining a target volatility of 15% while avoiding interest duration exposure by only using cash for volatility management [2]. - This index is based on the Invesco QQQ, which has a 25-year live track record as of 2024, and aims to provide high equity exposure with stable crediting over time [2]. Group 2: Collaboration with Eagle Life - The introduction of the Invesco QQQ 15 Index is part of a broader enhancement strategy by Eagle Life, aimed at combining strong performance potential with simplicity and familiarity for clients [3]. - Eagle Life will leverage dedicated support and resources from Invesco to enhance its marketing and distribution efforts for the new index [3]. Group 3: Invesco Indexing Overview - Invesco Indexing LLC, an independent index provider owned by Invesco Ltd., administers over 150 indices with $26.5 billion in associated assets as of December 31, 2024, offering a wide range of market exposures [4]. - Invesco Ltd. managed $1.85 trillion in assets globally as of December 31, 2024, providing a comprehensive range of investment capabilities across various strategies [5].

ATLANTA, March 11, 2025 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ)1 today reported preliminary month-end assets under management (AUM) of $1,888.6 billion, a decrease of 0.7% versus previous month-end. The firm delivered net long-term inflows of $6.0 billion in the month. Non-management fee earning net inflows were $4.4 billion and money market net outflows were $7.1 billion. AUM was negatively impacted by unfavorable market returns which decreased AUM by $20 billion. FX increased AUM by $2.0 billion. Prelimi ...

Assets Under Management (AUM) - As of December 31, 2024, Invesco's total Assets Under Management (AUM) reached $1,846.0 billion, with a year-over-year increase of 16.0% in the Americas, 20.6% in EMEA, and 14.7% in APAC[53][53][53]. - The breakdown of AUM by distribution channel shows Retail at $1,265.6 billion (21.5% increase) and Institutional at $580.4 billion (6.8% increase)[55]. - AUM by investment capability indicates ETFs and Index funds at $484.0 billion (33.7% increase), while Private Markets decreased by 0.9% to $128.5 billion[56]. - Active AUM totaled $1,026.5 billion (4.2% increase), while Passive AUM reached $819.5 billion (36.6% increase)[57]. Financial Performance - The company's net income attributable to Invesco Ltd. for the year ended December 31, 2024, was $538.0 million, a significant recovery from a net loss of $333.7 million in 2023[301]. - Covenant Adjusted EBITDA for 2024 was reported at $1,557.0 million, an increase from $1,438.3 million in 2023, indicating improved operational performance[301]. - Interest coverage improved to 26.84 in 2024, up from 20.40 in 2023, demonstrating enhanced ability to meet interest obligations[301]. - Total operating revenues for 2024 were $6,067.0 million, an increase of 6.1% from $5,716.4 million in 2023[355]. - Investment management fees increased to $4,342.3 million in 2024, up from $4,106.0 million in 2023, reflecting a growth of 5.7%[355]. - Operating income for 2024 was $832.1 million, a significant recovery from an operating loss of $434.8 million in 2023[355]. - Net income for 2024 reached $752.4 million, a significant recovery from a net loss of $168.2 million in 2023[358]. - Total comprehensive income attributable to Invesco Ltd. was $303.7 million in 2024, compared to a comprehensive loss of $193.1 million in 2023[358]. Risks and Challenges - Invesco's revenues are primarily derived from investment management contracts, which are sensitive to market fluctuations and client withdrawals[62][66]. - The company faces competitive pressures that may force a reduction in fees, potentially impacting profitability[75]. - The investment management industry is experiencing transformative pressures, including increased fee competition and a shift towards passive investment strategies[73]. - Rapid advancements in technology may hinder the company's competitiveness if it fails to implement newer technologies or advanced platforms for its services[77]. - The company's private market products expose it to various risks, including illiquidity, credit risks, and potential reputational harm due to investments in emerging companies[78][79]. - Changes in market conditions could negatively impact the quality of the credit portfolio, leading to increased default and delinquency rates[86]. - Evolving sustainability and ESG disclosure requirements may pose regulatory and reputational risks, affecting the company's ability to attract and retain clients[96][97]. - The company faces risks from potential conflicts of interest that could lead to litigation or regulatory enforcement actions[100]. - The company must continuously manage and improve its technology systems to meet internal and client needs, which may require significant capital and resources[106]. - The company faces risks from strategic transactions, including potential customer loss or underperformance of acquired businesses[121]. Assets and Liabilities - The company recorded a non-cash impairment of $1,248.9 million related to indefinite-lived intangible assets during the year ended December 31, 2023[114]. - Goodwill and indefinite-lived intangible assets totaled $8,318.1 million and $5,749.3 million, respectively, at December 31, 2024[114]. - The total liabilities decreased to $11,340.1 million in 2024, down from $13,017.8 million in 2023, a decrease of 12.9%[353]. - The company's cash and cash equivalents decreased to $986.5 million in 2024, compared to $1,469.2 million in 2023, a reduction of 32.8%[353]. - The company has a total debt of $890.6 million, which is actively managed through cash flow forecasts and a committed revolving credit agreement[302]. Regulatory and Compliance - The company operates in a highly regulated environment, with potential enforcement actions or changes in laws that could negatively impact AUM, revenues, and liquidity[125]. - Regulatory changes, including those related to privacy and ESG factors, could impose new compliance costs and affect the company's ability to provide certain products[130]. - The legal and regulatory environment surrounding AI technology is rapidly evolving, posing risks to the company's operations and compliance costs[112]. Shareholder and Capital Structure - Significant shareholders, such as MassMutual, have the ability to influence company decisions, which may conflict with the interests of other shareholders[123]. - Future sales of common stock by significant shareholders could adversely impact the trading price of the company's shares[122]. - The company issued approximately $4 billion of 5.9% fixed rate perpetual preferred stock, which may limit its ability to raise additional capital and fund other priorities[116]. Technology and Cybersecurity - The company is highly dependent on information technology, and any failures or cyber-attacks could result in significant operational limits and reputational damage[103]. - Cybersecurity incidents have been increasing globally, and the company is at risk of being targeted due to its status as a global financial institution[104]. Cash Flow and Investments - Net cash provided by operating activities was $1,190.0 million in 2024, a decrease from $1,300.8 million in 2023[361]. - The company reported a decrease in cash inflows from investing activities, with net cash provided of $68.4 million in 2024 compared to an outflow of $244.3 million in 2023[361]. - The company’s investments are categorized as equity investments, equity method investments, and other investments, primarily related to affiliated funds and equity method investees[389][390].

Core Viewpoint - Invesco Mortgage Capital Inc. reported a decrease in book value per common share and a net loss for the fourth quarter of 2024, influenced by rising Treasury yields and a one-time charge related to the redemption of Series B Preferred Stock. Despite short-term challenges, the long-term outlook for Agency RMBS remains favorable due to expected demand improvements and attractive valuations [2][3][4]. Financial Performance - Book value per common share decreased by 4.8% to $8.92, with an estimated range of $8.90 to $9.26 as of February 14, 2025 [2][7]. - The economic return for the quarter was (0.5)%, compared to 5.4% in Q3 2024 [7]. - Earnings available for distribution per common share declined to $0.53 from $0.68 in Q3 2024 [9]. Capital Structure - The company improved its capital structure by redeeming Series B Preferred Stock, resulting in an increased debt-to-equity ratio of 6.7x, up from 6.1x in the previous quarter [2][7]. - Approximately 85% of the $5.4 billion investment portfolio was allocated to Agency RMBS, with 15% in Agency CMBS [2]. Portfolio Composition - The total mortgage-backed securities (MBS) portfolio was valued at $5.45 billion as of December 31, 2024, with a weighted average yield of 5.42% [14][33]. - The Agency RMBS comprised 83.4% of the portfolio, while Agency CMBS accounted for 15% [14]. Earnings and Income - Total interest income for Q4 2024 was $76.1 million, an increase from $73.8 million in Q3 2024, while total interest expense decreased to $62.4 million from $66.3 million [9][30]. - Net income attributable to common stockholders was a loss of $5.5 million, compared to a profit of $35.3 million in Q3 2024 [9][30]. Dividends and Stock Activity - The company declared a common stock dividend of $0.40 per share, unchanged from Q3 2024, and sold 993,837 shares of common stock for net proceeds of $8.3 million during the fourth quarter [21][22]. - The redemption of Series B Preferred Stock occurred at a cash price of $25.00 per share [23].

Core Viewpoint - Invesco Ltd. has launched the Invesco SteelPath MLP & Energy Infrastructure ETF (Ticker: PIPE), which aims to provide investors with actively managed exposure to midstream energy infrastructure equities and Master Limited Partnerships (MLPs) [1][2][3] Company Overview - Invesco Ltd. is a global independent investment management firm managing US$1.85 trillion in assets as of December 31, 2024, with a presence in over 20 countries [4] Product Details - PIPE will focus on North American energy infrastructure companies and midstream MLPs, which are involved in the gathering, processing, transporting, and storing of hydrocarbons, generating revenue through service fees [2][3] - The ETF is designed to leverage Invesco's expertise in midstream infrastructure investing, a field in which the SteelPath team has been a pioneer since 2004 [3] Market Context - The business model of MLPs is attractive due to its strong distribution component and growth prospects, supported by increasing demand from sectors such as data centers and liquefied natural gas exports [2][3] - Current sector fundamentals are healthy, offering attractive distribution yields and potential for capital appreciation driven by midstream volume growth [3]