Invesco California Value Municipal Income Trust (NYSE:VCV - 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 0.0366 per share by the investment management company on Tuesday, April 30th. This represents a $0.44 annualized dividend and a yield of 4.48%. The ex-dividend date of this dividend is Monday, April 15th.
Invesco California Value Municipal Income Trust Price Performance
VCV stock traded down $0.07 during mid-day trading on Wednesday, hitting $9.81. The stock had a trading volume of 59,960 shares, compared to its average volume of 95,310. Invesco California Value Municipal Income Trust has a 52 week low of $8.05 and a 52 week high of $10.40. The firm has a fifty day simple moving average of $9.80 and a 200 day simple moving average of $9.33.
Institutional Investors Weigh In On Invesco California Value Municipal Income Trust
Several hedge funds and other institutional investors have recently made changes to their positions in VCV. Comerica Bank acquired a new position in Invesco California Value Municipal Income Trust during the 3rd quarter worth approximately $34,000. Stifel Financial Corp acquired a new position in Invesco California Value Municipal Income Trust during the 3rd quarter worth approximately $88,000. JPMorgan Chase & Co. acquired a new position in Invesco California Value Municipal Income Trust during the 1st quarter worth approximately $88,000. Jane Street Group LLC acquired a new position in Invesco California Value Municipal Income Trust during the 3rd quarter worth approximately $91,000. Finally, Envestnet Asset Management Inc. acquired a new position in Invesco California Value Municipal Income Trust during the 3rd quarter worth approximately $155,000. 18.80% of the stock is owned by institutional investors.
About Invesco California Value Municipal Income Trust
(
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Invesco California 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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