|Bid||18.49 x 1300|
|Ask||19.10 x 800|
|Day's Range||18.35 - 18.89|
|52 Week Range||15.38 - 35.03|
|Beta (3Y Monthly)||1.54|
|PE Ratio (TTM)||8.81|
|Earnings Date||Apr 24, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||1.20 (6.57%)|
|1y Target Est||19.54|
Feb.05 -- Kristina Hooper, chief global market strategist at Invesco, discusses the U.S. economy, dollar, earnings, and the Federal Reserve's rate path. She speaks on "Bloomberg Markets." (Corrects spelling of guest's name in headline and description.)
Six weeks into the year, U.S. companies have announced plans to repurchase $140 billion of their own stock, up 28 percent from a year ago, according to data compiled by Birinyi Associates Inc. While the pace trails the 58 percent increase for all of 2018, it’s more than double the average rate seen during the past five years. Buybacks are picking up from a record pace after tax cuts boosted profits and cash piles grew. The buying spree is under growing attack as politicians are focusing on corporate governance as an election issue.
Consider the first article, “Invesco Money Manager Faces SALT Bite, Turns to This Tax Break.” It chronicles Mark Paris’s dismay that as a New Jersey resident, he’s going to end up paying more in taxes because of the new $10,000 federal cap on state and local tax deductions. Just two days later, Bloomberg readers couldn’t click fast enough on another article, “Your New York Taxes Are Too High? Muni Bonds May Offer an Answer.” In it, Anthony Roth, chief investment officer of Wilmington Trust Investment Advisors, said some people in high-tax states like California, Connecticut, New Jersey, New York and Massachusetts would find that they owe more, which should boost demand for — you guessed it — tax-exempt municipal bonds.
iShares ETFs will be offered for the first time in commission-free category by Charles Schwab (SCHW) and Fidelity, beginning March 2019.
TORONTO , Feb. 13, 2019 /CNW/ - Invesco today announced the launch of a new CAD-hedged series for Invesco S&P International Developed Low Volatility Index ETF† (ticker symbol "ILV.F"). With the addition of the CAD-hedged series, investors can now choose to invest in the ETF on either a CAD-unhedged (ILV) or CAD-hedged (ILV.F) basis. ILV seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the S&P EPAC Ex.
T. Rowe Price's (TROW) preliminary assets under management (AUM) of $1.04 trillion for January 2019 reflect 8% improvement from the prior month.
Cohen & Steers' (CNS) assets under management (AUM) of $60 billion for January 2019 increased 9.5% from the prior month, driven by market appreciation and net inflows.
Franklin Resources' (BEN) preliminary assets under management (AUM) of $678.3 billion for January 2019 up 4.4% from the prior month, driven by net market gains.
ATLANTA , Feb. 11, 2019 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ) today reported preliminary month-end assets under management (AUM) of $930.6 billion , an increase of 4.8%. The increase was driven by favorable ...
Waddell & Reed's (WDR) Q4 earnings indicate significant outflows and decline in assets under management while lower costs render support.
U.S.-listed exchange-traded funds focused on renewable energy are starting the year strong, buoyed by demand in China. , chief executive of ETF-focused asset manager Purview Investments, said there is a strong correlation between market performance and exposure to China, where government support for renewable energy has been growing after solar subsidies stalled in mid-2018. “Country exposure matters, especially U.S. and China exposure mattered a lot in the last three months,” Ms. Zhang said.
The stock market wrapped up January with big gains, so let's take a look at which top ETFs are off to the best start this year.
When the Federal Reserve on Wednesday announced what sounds like the suspension of its interest-rate-hiking cycle, it appeared to be a green light for risk-on factors like high beta and momentum—and another reason for quality stocks to underperform. After the S&P 500 bottomed on Dec. 24, the quality factor had been out of favor. The Invesco S&P 500 Quality exchange-traded fund (ticker: SPHQ), whose largest positions include (PG) (PG) and (AAPL) (AAPL), gained 13.9% through the Jan. 30, the day of the Fed meeting, trailing not only the S&P 500’s 14% rise but also the (SPMO)’s (SPMO) 17.2% advance and the (SPHB)’s (SPHB) 20.9% rise.
Effective August 1, 2018, the Board of Trustees (the "Board") of Invesco High Income Trust II (the "Trust") (VLT) approved a Managed Distribution Plan (the "Plan") for the Trust, whereby the Trust increased its monthly dividend to common shareholders to a stated fixed monthly distribution amount based on a dividend rate of 8.5 percent of the market price per share as of August 1, 2018, the date the Plan became effective. The Plan is intended to provide shareholders with a consistent, but not guaranteed, periodic cash payment from the Trust, regardless of when or whether income is earned or capital gains are realized. The Plan is intended to narrow the discount between the Trust's market price and the net asset value ("NAV") of the Trust's common shares, but there is no assurance that the Plan will be effective in this regard.
ATLANTA , Feb. 1, 2019 /PRNewswire/ -- The Board of Trustees of each of the Invesco closed-end funds listed below today declared the following dividends. EX-DATE 2/12/19 RECORD DATE 2/13/19 REINVEST ...
T. Rowe Price Group’s CEO says his company is different from its peers in money management. Market action on Thursday backed up that claim.
On August 1, 2018, Invesco Advisers, Inc. ("Invesco") announced that the Board of Trustees of the Trust approved a managed distribution plan (the "Plan") for the Trust, whereby the Trust will pay common shareholders a stable monthly distribution. Under the Plan, the Trust increased its dividend to a stated fixed monthly amount based on a distribution rate of 8.5% of the closing market price per share as of August 1, 2018, which is the date the Plan became effective. The Trust's distributions may include net investment income, long-term capital gains, short-term capital gains and/or return of capital.