Invmun Incom (OIA) to Distribute Monthly Dividend of $0.03 on August 31st

Invmun Incom (NYSE:OIA) declared a monthly dividend on Monday, August 3rd. Investors of record on Monday, August 17th will be given a dividend of 0.0291 per share by the investment management company on Monday, August 31st. This represents a c) annualized dividend and a yield of 5.8%. The ex-dividend date is Monday, August 17th.

Invmun Incom Stock Up 0.9%

OIA opened at $6.04 on Wednesday. Invmun Incom has a 12 month low of $5.51 and a 12 month high of $6.40. The company has a 50 day moving average of $6.14 and a 200 day moving average of $6.16.

Institutional Investors Weigh In On Invmun Incom

Several institutional investors have recently made changes to their positions in OIA. RFG Advisory LLC lifted its holdings in Invmun Incom by 10.6% during the 1st quarter. RFG Advisory LLC now owns 18,199 shares of the investment management company’s stock worth $112,000 after purchasing an additional 1,740 shares in the last quarter. Royal Bank of Canada grew its holdings in Invmun Incom by 6.8% during the 1st quarter. Royal Bank of Canada now owns 50,167 shares of the investment management company’s stock valued at $302,000 after buying an additional 3,210 shares in the last quarter. Baird Financial Group Inc. grew its holdings in Invmun Incom by 31.9% during the 2nd quarter. Baird Financial Group Inc. now owns 16,555 shares of the investment management company’s stock valued at $95,000 after buying an additional 4,000 shares in the last quarter. Janney Montgomery Scott LLC increased its position in shares of Invmun Incom by 8.0% during the first quarter. Janney Montgomery Scott LLC now owns 62,049 shares of the investment management company’s stock valued at $381,000 after buying an additional 4,591 shares during the period. Finally, Raymond James Financial Inc. increased its position in shares of Invmun Incom by 3.8% during the second quarter. Raymond James Financial Inc. now owns 160,207 shares of the investment management company’s stock valued at $921,000 after buying an additional 5,909 shares during the period. Hedge funds and other institutional investors own 12.57% of the company’s stock.

About Invmun Incom

Invesco Municipal Income Opportunities 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 Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd. It invests in the fixed income markets of the United States. The fund primarily invests in municipal bonds rated BB or better by Standard & Poor's or Ba or better by Moody's.