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Invesco Closed-End Funds Announce Increased Distribution Rates for All Investment Grade Municipal Bond Closed-End Funds and Declare Dividends
IVZInvesco(IVZ) Prnewswire·2024-08-01 16:00

Core Viewpoint - Invesco has declared dividends for several of its closed-end funds, with specific amounts and changes noted for each fund [1][2]. Dividend Declarations - The dividends declared include: - Invesco Advantage Municipal Income Trust II (VKI): 0.05591pershare−InvescoBondFund(VBF):0.05591 per share - Invesco Bond Fund (VBF): 0.0715 - Invesco California Value Municipal Income Trust (VCV): 0.06461−InvescoHighIncome2024TargetTermFund(IHTA):0.06461 - Invesco High Income 2024 Target Term Fund (IHTA): 0.0200, a decrease of 0.0130or390.0130 or 39% from prior distribution - Other funds also declared dividends, with amounts ranging from 0.02911 to 0.06851[2].TaxReportingandCompliance−Form1099−DIVwillreportdistributionsforfederalincometaxpurposes,andeachfund′sannualreportwillincludetaxcharacterinformationforthefiscalyear[3].−ASection19Noticewillbeprovidedtoshareholderswhendistributionsincludeamountsotherthannetinvestmentincome,forinformationalpurposes[3].CompanyOverview−InvescoLtd.isaglobalindependentinvestmentmanagementfirmmanaging0.06851 [2]. Tax Reporting and Compliance - Form 1099-DIV will report distributions for federal income tax purposes, and each fund's annual report will include tax character information for the fiscal year [3]. - A Section 19 Notice will be provided to shareholders when distributions include amounts other than net investment income, for informational purposes [3]. Company Overview - Invesco Ltd. is a global independent investment management firm managing 1.71 trillion in assets as of June 30, 2024, with a presence in over 20 countries [5].