Invesco Senior Income Trust (NYSE:VVR) Declares Dividend Increase – $0.03 Per Share

Invesco Senior Income Trust (NYSE:VVR) announced a monthly dividend on Thursday, October 1st. Shareholders of record on Wednesday, October 14th will be given a dividend of $0.0290 per share by the investment management company on Friday, October 30th. This represents a $0.35 dividend on an annualized basis and a yield of 12.1%. The ex-dividend date of this dividend is Wednesday, October 14th. This is a 0.0% increase from Invesco Senior Income Trust’s previous monthly dividend of $0.0290.

Invesco Senior Income Trust Price Performance

VVR stock opened at $2.88 on Friday. The business’s 50-day simple moving average is $2.93 and its 200 day simple moving average is $3.01. Invesco Senior Income Trust has a twelve month low of $2.84 and a twelve month high of $3.41.

Institutional Investors Weigh In On Invesco Senior Income Trust

Institutional investors have recently made changes to their positions in the stock. Robinson Capital Management LLC grew its holdings in Invesco Senior Income Trust by 70.2% during the second quarter. Robinson Capital Management LLC now owns 165,152 shares of the investment management company’s stock valued at $495,000 after purchasing an additional 68,125 shares during the period. NewEdge Advisors LLC boosted its stake in Invesco Senior Income Trust by 44.9% in the 2nd quarter. NewEdge Advisors LLC now owns 166,642 shares of the investment management company’s stock worth $500,000 after purchasing an additional 51,665 shares during the period. Baird Financial Group Inc. lifted its holdings in shares of Invesco Senior Income Trust by 31.2% in the second quarter. Baird Financial Group Inc. now owns 115,588 shares of the investment management company’s stock valued at $347,000 after purchasing an additional 27,486 shares in the last quarter. HighTower Advisors LLC boosted its position in shares of Invesco Senior Income Trust by 262.5% during the second quarter. HighTower Advisors LLC now owns 89,261 shares of the investment management company’s stock worth $268,000 after buying an additional 64,636 shares during the period. Finally, Readystate Asset Management LP bought a new position in shares of Invesco Senior Income Trust during the 2nd quarter worth approximately $117,000.

About Invesco Senior Income Trust

Invesco Senior Income Trust (NYSE: VVR) is a diversified, closed-end management investment company. The fund seeks to provide a high level of current income, with capital appreciation as a secondary objective.

The trust invests primarily in senior secured floating-rate loans and other floating-rate debt instruments issued by companies. These investments are generally below investment grade or unrated and may include loans made to corporate borrowers across a range of industries. Senior secured loans are typically backed by collateral and have interest rates that adjust periodically, which can help limit exposure to changing short-term interest rates.

Invesco Senior Income Trust is managed by Invesco, a global investment management firm.