Invesco(IVZ) Prnewswire·2025-03-24 20:57Core 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 0.09641 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].