Wolverine Asset Management LLC Takes $984,000 Position in Invesco Senior Income Trust $VVR

Wolverine Asset Management LLC purchased a new position in Invesco Senior Income Trust (NYSE:VVR) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 284,530 shares of the investment management company’s stock, valued at approximately $984,000.

Several other institutional investors and hedge funds have also made changes to their positions in VVR. Newbridge Financial Services Group Inc. purchased a new stake in Invesco Senior Income Trust during the 2nd quarter worth $36,000. Allworth Financial LP lifted its stake in shares of Invesco Senior Income Trust by 607.1% in the second quarter. Allworth Financial LP now owns 9,900 shares of the investment management company’s stock worth $38,000 after acquiring an additional 8,500 shares in the last quarter. Lido Advisors LLC purchased a new position in Invesco Senior Income Trust in the second quarter valued at about $38,000. Silverlake Wealth Management LLC purchased a new stake in Invesco Senior Income Trust during the 3rd quarter worth approximately $42,000. Finally, Olistico Wealth LLC purchased a new position in shares of Invesco Senior Income Trust during the 2nd quarter valued at approximately $53,000.

Invesco Senior Income Trust Price Performance

VVR stock opened at $3.30 on Friday. The firm has a 50 day simple moving average of $3.29 and a 200-day simple moving average of $3.46. Invesco Senior Income Trust has a twelve month low of $3.21 and a twelve month high of $4.21.

Invesco Senior Income Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Thursday, January 15th will be paid a $0.038 dividend. This represents a c) dividend on an annualized basis and a yield of 13.8%. The ex-dividend date is Thursday, January 15th.

Invesco Senior Income Trust 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.