Invvlu Mu Incm (IIM) To Go Ex-Dividend on November 16th

Invvlu Mu Incm (NYSE:IIM) announced a monthly dividend on Monday, November 2nd. Stockholders of record on Monday, November 16th will be paid a dividend of $0.0771 per share by the investment management company on Monday, November 30th. This represents a $0.93 annualized dividend and a dividend yield of 8.2%. The ex-dividend date is Monday, November 16th. This is a 0.0% decrease from Invvlu Mu Incm’s previous monthly dividend of $0.0771.

Invvlu Mu Incm Trading Up 0.1%

IIM opened at $11.24 on Wednesday. Invvlu Mu Incm has a twelve month low of $10.27 and a twelve month high of $13.17. The firm has a 50-day moving average price of $11.49 and a 200-day moving average price of $12.26.

Hedge Funds Weigh In On Invvlu Mu Incm

Several institutional investors and hedge funds have recently made changes to their positions in the business. Allworth Financial LP bought a new position in shares of Invvlu Mu Incm during the second quarter valued at approximately $34,000. Principle Wealth Partners LLC purchased a new stake in shares of Invvlu Mu Incm in the 3rd quarter worth approximately $105,000. Susquehanna International Group LLP purchased a new stake in shares of Invvlu Mu Incm in the 2nd quarter worth approximately $146,000. Maridea Wealth Management LLC purchased a new stake in shares of Invvlu Mu Incm in the 2nd quarter worth approximately $155,000. Finally, Quantinno Capital Management LP bought a new position in Invvlu Mu Incm during the 1st quarter valued at approximately $150,000. Institutional investors own 20.73% of the company’s stock.

Invvlu Mu Incm Company Profile

Invesco Value Municipal Income Trust is a closed-end management investment company listed on the New York Stock Exchange under the symbol IIM. The fund seeks to provide current income that is exempt from federal income tax by investing primarily in a diversified portfolio of municipal securities.

The trust may invest in bonds and other debt obligations issued by states, municipalities, and related public entities in the United States. Its portfolio can include securities financing public infrastructure and essential services, such as transportation, utilities, education, health care, and housing.