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

Inv Vk Mun Opp (NYSE:VMO) declared a monthly dividend on Monday, March 2nd. Investors of record on Monday, March 16th will be given a dividend of 0.0625 per share by the investment management company on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 7.7%. The ex-dividend date of this dividend is Monday, March 16th.

Inv Vk Mun Opp Stock Up 0.4%

NYSE VMO traded up $0.04 during mid-day trading on Friday, hitting $9.79. The stock had a trading volume of 215,923 shares, compared to its average volume of 178,235. The firm’s 50 day moving average is $9.82 and its 200 day moving average is $9.66. Inv Vk Mun Opp has a twelve month low of $8.81 and a twelve month high of $10.10.

Inv Vk Mun Opp Company Profile

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.