Invesco Value Municipal Income Trust (NYSE:IIM - Get Free Report) declared a monthly dividend on Monday, April 1st, Wall Street Journal reports. Shareholders of record on Tuesday, April 16th will be given a dividend of 0.0496 per share by the investment management company on Tuesday, April 30th. This represents a $0.60 dividend on an annualized basis and a yield of 5.04%. The ex-dividend date of this dividend is Monday, April 15th.
Invesco Value Municipal Income Trust Trading Up 0.3 %
NYSE:IIM traded up $0.03 during trading hours on Wednesday, reaching $11.81. 174,961 shares of the stock were exchanged, compared to its average volume of 117,184. The firm has a 50 day simple moving average of $11.80 and a 200-day simple moving average of $11.33. Invesco Value Municipal Income Trust has a 52 week low of $9.94 and a 52 week high of $12.32.
Institutional Trading of Invesco Value Municipal Income Trust
Hedge funds have recently made changes to their positions in the stock. Money Concepts Capital Corp bought a new stake in shares of Invesco Value Municipal Income Trust in the 4th quarter worth approximately $80,000. Nelson Van Denburg & Campbell Wealth Management Group LLC bought a new stake in shares of Invesco Value Municipal Income Trust in the 4th quarter worth approximately $96,000. Nomura Holdings Inc. bought a new stake in shares of Invesco Value Municipal Income Trust in the 1st quarter worth approximately $122,000. Captrust Financial Advisors bought a new stake in shares of Invesco Value Municipal Income Trust in the 2nd quarter worth approximately $134,000. Finally, Baird Financial Group Inc. bought a new stake in shares of Invesco Value Municipal Income Trust in the 3rd quarter worth approximately $122,000. Institutional investors own 20.73% of the company's stock.
About Invesco Value Municipal Income Trust
(
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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.
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