Inv Vk Mun Opp to Issue Monthly Dividend of $0.06 (NYSE:VMO)

Key Points

• Inv Vk Mun Opp (NYSE:VMO) declared a monthly dividend of $0.0625 per share, payable April 30 to holders of record April 14 (ex-dividend date April 14), which annualizes to a 7.7% yield.
• The Invesco Municipal Opportunity Trust is a closed-end fund that invests in U.S. municipal securities to provide federally tax-exempt income and potential capital appreciation by focusing on undervalued bonds with attention to credit quality and liquidity.
• VMO opened at $9.73 and trades within a 52-week range of $8.90–$10.10, with a 50-day moving average of $9.77 and a 200-day moving average of $9.69, showing pricing near its longer-term average.

Inv Vk Mun Opp (NYSE:VMO - Get Free Report) declared a monthly dividend on Wednesday, April 1st. Investors of record on Tuesday, April 14th will be given a dividend of 0.0625 per share by the investment management company on Thursday, April 30th. This represents a c) dividend on an annualized basis and a yield of 7.7%. The ex-dividend date is Tuesday, April 14th.

Inv Vk Mun Opp Price Performance

VMO opened at $9.73 on Friday. Inv Vk Mun Opp has a 52 week low of $8.90 and a 52 week high of $10.10. The business's fifty day simple moving average is $9.77 and its 200 day simple moving average is $9.69.

About Inv Vk Mun Opp

Inv Vk Mun Opp NYSE: VMO, known as the Invesco Municipal Opportunity Trust, is a closed-end management investment company that seeks to provide current income exempt from regular federal income tax, along with the potential for capital appreciation. The fund primarily invests in a diversified portfolio of municipal securities issued by U.S. states, cities and local governments. Its investment strategy emphasizes selecting undervalued bonds that offer attractive tax-exempt yields, while maintaining a focus on credit quality and liquidity.

The portfolio manager employs both fundamental credit analysis and relative-value techniques to identify investment opportunities across various sectors of the municipal bond market.

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