Invvlu Mu Incm (NYSE:IIM) to Issue $0.08 Monthly Dividend

Key Points

• Invesco Value Municipal Income Trust (NYSE:IIM) declared a monthly dividend of $0.0771 per share payable April 30 to holders of record April 14, with an implied annualized yield of about 7.4%.
• Shares opened at $12.48; the 50-day and 200-day simple moving averages are $12.61 and $12.51 respectively, and the 52-week range is $11.20–$13.17.
• The fund is a closed-end, Invesco-managed fixed-income vehicle that primarily invests in U.S. investment-grade municipal securities such as municipal bonds, notes, and commercial paper.

Invvlu Mu Incm (NYSE:IIM - Get Free Report) declared a monthly dividend on Wednesday, April 1st. Stockholders of record on Tuesday, April 14th will be given a dividend of 0.0771 per share by the investment management company on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date is Tuesday, April 14th.

Invvlu Mu Incm Stock Performance

Invvlu Mu Incm stock opened at $12.48 on Friday. The firm's fifty day simple moving average is $12.61 and its 200-day simple moving average is $12.51. Invvlu Mu Incm has a 1-year low of $11.20 and a 1-year high of $13.17.

About Invvlu Mu Incm

Invesco Value Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.

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