Invmun Incom (NYSE:OIA) Declares Monthly Dividend of $0.03

Invmun Incom (NYSE:OIA) announced a monthly dividend on Monday, November 2nd. Shareholders of record on Monday, November 16th will be paid a dividend of $0.0291 per share by the investment management company on Monday, November 30th. This represents a $0.35 annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend is Monday, November 16th.

Invmun Incom Stock Performance

Shares of OIA stock opened at $5.78 on Tuesday. Invmun Incom has a fifty-two week low of $5.09 and a fifty-two week high of $6.40. The stock’s 50-day simple moving average is $5.78 and its 200-day simple moving average is $6.06.

Hedge Funds Weigh In On Invmun Incom

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Van ECK Associates Corp increased its position in shares of Invmun Incom by 3.7% during the second quarter. Van ECK Associates Corp now owns 284,491 shares of the investment management company’s stock worth $1,767,000 after purchasing an additional 10,076 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in Invmun Incom by 2.4% in the 3rd quarter. Commonwealth Equity Services LLC now owns 265,379 shares of the investment management company’s stock valued at $1,521,000 after purchasing an additional 6,273 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in Invmun Incom by 11.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 223,597 shares of the investment management company’s stock valued at $1,373,000 after purchasing an additional 22,443 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in Invmun Incom by 85.2% in the 2nd quarter. NewEdge Advisors LLC now owns 99,451 shares of the investment management company’s stock valued at $618,000 after purchasing an additional 45,739 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in Invmun Incom by 8.4% during the 1st quarter. Cetera Investment Advisers now owns 96,513 shares of the investment management company’s stock worth $593,000 after purchasing an additional 7,504 shares during the last quarter. Hedge funds and other institutional investors own 12.57% of the company’s stock.

About Invmun Incom

Invesco Municipal Income Opportunities Trust (NYSE: OIA) is a closed-end investment company managed by Invesco Ltd. The trust seeks to provide a high level of current income that is exempt from regular federal income tax by investing primarily in municipal securities.

Its portfolio may include bonds and other debt obligations issued by states, municipalities, public authorities and related entities. These securities generally finance public-purpose projects and services such as education, transportation, utilities, health care and other civic infrastructure.