Invvlu Mu Incm (IIM) to Issue Monthly Dividend of $0.08 on February 27th

Invvlu Mu Incm (NYSE:IIM) declared a monthly dividend on Monday, February 2nd. Investors of record on Tuesday, February 17th will be paid a dividend of 0.0771 per share by the investment management company on Friday, February 27th. This represents a c) annualized dividend and a yield of 7.2%. The ex-dividend date of this dividend is Tuesday, February 17th.

Invvlu Mu Incm Trading Up 0.2%

NYSE IIM opened at $12.82 on Friday. The business’s 50-day moving average price is $12.40 and its two-hundred day moving average price is $12.29. Invvlu Mu Incm has a 12 month low of $10.96 and a 12 month high of $12.88.

Institutional Investors Weigh In On Invvlu Mu Incm

A number of institutional investors have recently modified their holdings of IIM. Goldman Sachs Group Inc. raised its stake in Invvlu Mu Incm by 246.2% during the first quarter. Goldman Sachs Group Inc. now owns 81,747 shares of the investment management company’s stock worth $979,000 after buying an additional 58,134 shares during the last quarter. Concurrent Investment Advisors LLC grew its holdings in Invvlu Mu Incm by 35.5% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 16,945 shares of the investment management company’s stock worth $197,000 after acquiring an additional 4,437 shares during the period. Curio Wealth LLC grew its holdings in Invvlu Mu Incm by 115,000.0% during the 2nd quarter. Curio Wealth LLC now owns 2,302 shares of the investment management company’s stock worth $27,000 after acquiring an additional 2,300 shares during the period. Whipplewood Advisors LLC raised its position in shares of Invvlu Mu Incm by 33,000.4% in the 2nd quarter. Whipplewood Advisors LLC now owns 76,462 shares of the investment management company’s stock worth $890,000 after acquiring an additional 76,231 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC acquired a new position in shares of Invvlu Mu Incm in the 2nd quarter valued at about $225,000. 20.73% of the stock is owned by institutional investors.

About Invvlu Mu Incm

Invesco 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. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.