Ionic Capital Management LLC Makes New Investment in Invesco Senior Income Trust $VVR

Ionic Capital Management LLC bought a new position in shares of Invesco Senior Income Trust (NYSE:VVR) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 608,000 shares of the investment management company’s stock, valued at approximately $1,988,000. Invesco Senior Income Trust accounts for 0.3% of Ionic Capital Management LLC’s portfolio, making the stock its 20th largest position.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in VVR. Kestra Advisory Services LLC purchased a new position in shares of Invesco Senior Income Trust during the 4th quarter worth approximately $25,000. Choreo LLC purchased a new position in shares of Invesco Senior Income Trust during the 4th quarter worth approximately $37,000. Integrity Advisory Solutions LLC purchased a new stake in shares of Invesco Senior Income Trust in the 4th quarter worth approximately $38,000. Oppenheimer & Co. Inc. purchased a new stake in shares of Invesco Senior Income Trust in the 3rd quarter worth approximately $47,000. Finally, Allworth Financial LP grew its stake in shares of Invesco Senior Income Trust by 65.7% in the 3rd quarter. Allworth Financial LP now owns 16,400 shares of the investment management company’s stock worth $57,000 after buying an additional 6,500 shares during the last quarter.

Invesco Senior Income Trust Stock Performance

Invesco Senior Income Trust stock opened at $2.98 on Thursday. The stock’s 50 day moving average is $3.06 and its 200 day moving average is $3.17. Invesco Senior Income Trust has a twelve month low of $2.93 and a twelve month high of $3.83.

Invesco Senior Income Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a $0.029 dividend. The ex-dividend date is Monday, June 15th. This represents a c) annualized dividend and a dividend yield of 11.7%.

Invesco Senior Income Trust Company Profile

Invesco Senior Income Trust (NYSE: VVR) is a closed-end management investment company sponsored by Invesco Capital Management LLC. The fund was launched in 2005 with the objective of providing high current income while seeking to preserve capital. It is structured as a diversified portfolio of senior floating-rate loans and other income-oriented debt securities.

The trust primarily invests in senior secured loans issued by U.S. and non-U.S. companies, which typically rank higher in a borrower’s capital structure and offer floating-rate coupon payments.