|Bid||20.19 x 800|
|Ask||20.20 x 4000|
|Day's Range||20.15 - 20.62|
|52 Week Range||15.38 - 27.74|
|Beta (3Y Monthly)||1.51|
|PE Ratio (TTM)||10.27|
|Earnings Date||Jul 24, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||1.24 (6.35%)|
|1y Target Est||22.69|
ATLANTA, June 14, 2019 /PRNewswire/ -- Invesco Advisers, Inc., a subsidiary of Invesco Ltd. (IVZ), announced today plans for tender offers for Invesco Dynamic Credit Opportunities Fund (NYSE:VTA), Invesco High Income Trust II (NYSE:VLT) and Invesco Senior Income Trust (NYSE:VVR) (each, a "Fund" and collectively, the "Funds"). Invesco Dynamic Credit Opportunities Fund's Board of Trustees has approved the commencement (subject to certain conditions) prior to January 1, 2020, of a cash tender offer for up to 15% of the Fund's outstanding common shares of beneficial interest at a price per share equal to 98.5% of the Fund's net asset value ("NAV") per share.
T. Rowe Price's (TROW) preliminary assets under management (AUM) of $1.07 trillion for May reflect 3.6% a drop from the prior month.
Legg Mason's (LM) assets under management (AUM) fall 1.3% sequentially in May on account of decrease in liquidity and equity AUM.
Lazard's (LAZ) preliminary assets under management decline sequentially in May 2019 on account of unfavorable markets and foreign exchange depreciation.
Invesco Ltd NYSE:IVZView full report here! Summary * Bearish sentiment is low and declining * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is low for IVZ with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on June 10. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold IVZ had net inflows of $3.04 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
TIER REIT, Inc. , with global real estate investment manager Invesco Real Estate and Austin-based Cielo Property Group, announced today it has completed the sale of Third + Shoal, a newly-developed, 100% leased, Class AA office tower in Austin’s CBD.
ATLANTA , June 11, 2019 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ) today reported preliminary month-end assets under management (AUM) of $1,159.3 billion , an increase of 18.9%. The increase was driven ...
Franklin Resources' (BEN) preliminary assets under management (AUM) of $695 billion for May down 3.5% from the prior month, affected by market losses.
Invesco President and CEO Martin Flanagan sat down for a June 3 interview with Atlanta Business Chronicle.
Mark Barnett, the portfolio manager who stepped into Neil Woodford’s shoes at Invesco, has sought to distance himself from the crisis engulfing his mentor by insisting that his funds have a much more “balanced” approach. Mr Barnett became head of UK equities for Invesco in 2014 after Mr Woodford set up his own firm. The two funds inherited by Mr Barnett have since been beset by investor withdrawals of about £17.5bn and battered by poor performance.
In January, China's central bank initiated a stimulus program to counteract its slowing economy, while the European Central Bank and US Federal Reserve later indicated they would not raise interest rates for the remainder of 2019. Lack of consensus on a deal for the UK's withdrawal from the European Union prompted additional concerns for UK and Eurozone economies, though equity markets across the region posted gains. Warning! GuruFocus has detected 2 Warning Signs with MOR.
A couple of ETFs that withstood the May market swoon with remarkable resilience joined IBD's screen of the best ETFs.
China’s Growth Outlook Is Gloomy, Trade War Escalates(Continued from Prior Part)Chinese tech stocksTechnology stocks have come under pressure amid the recent escalation in the US-China trade war. The Invesco QQQ ETF (QQQ) lost almost 13% in May
The optimistic wagers could be seen across asset classes, becoming the dominate force in everything from tech stocks to junk bonds to volatility markets. The extension of the rally Wednesday after the sudden swing to the upside that popped up the day before shows it wouldn’t take much for bullish sentiment to take hold of the markets. The Invesco S&P 500 High Beta ETF, a fund that practically screams “risk,” posted its biggest daily outperformance this year over the much-tamer Invesco S&P 500 Low Volatility ETF.
“I am extremely sorry that we’ve had to take this decision,” Woodford, wearing a dark pullover, said in a video posted to YouTube overnight in London. “We understand our investors’ frustration. Former bond king Bill Gross, who enjoyed decades of success, issued a letter to investors in 2011 titled “Mea Culpa” after his fund lagged peers.
With clients demanding their money back, Woodford locked up shares in his flagship LF Woodford Equity Income Fund until further notice. Unusually for a mutual fund, BenevolentAI Ltd., an unlisted biotechnology company, and Oxford Nanopore Technologies Ltd., which develops technology for molecular detection and analysis, accounted for about 7% of assets at the end of April.
As part of its previously announced expansion, Fidelity's commission-free exchange traded funds platform includes ETFs from 11 issuers new to the lineup. What Happened In February, Boston-based Fidelity ...
ATLANTA , June 3, 2019 /PRNewswire/ -- The Board of Trustees of each of the Invesco closed-end funds listed below today declared the following dividends. EX-DATE 6/13/19 RECORD DATE 6/14/19 REINVEST DATE ...
Effective August 1, 2018, the Board of Trustees (the "Board") of Invesco High Income Trust II (the "Trust") (NYSE: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 distribution 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.
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.
With its nearly $6 billion deal to buy a rival completed, Invesco chose a project led by MetLife Investment Managment to build a new Atlanta headquarters.