Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI – Get Free Report) announced a monthly dividend on Friday, May 1st. Shareholders of record on Thursday, May 14th will be paid a dividend of 0.0559 per share by the financial services provider on Friday, May 29th. This represents a c) annualized dividend and a yield of 7.4%. The ex-dividend date is Thursday, May 14th.
Invesco Advantage Municipal Income Trust II Trading Down 0.1%
Shares of VKI stock opened at $9.03 on Tuesday. The company’s fifty day simple moving average is $8.95 and its two-hundred day simple moving average is $8.99. Invesco Advantage Municipal Income Trust II has a 52 week low of $8.10 and a 52 week high of $9.60.
About Invesco Advantage Municipal Income Trust II
Invesco Advantage Municipal Income Trust II (NYSEAMERICAN: VKI) is a closed-end management investment company that primarily seeks to provide shareholders with high after-tax total return. The fund pursues its objective by investing predominantly in a diversified portfolio of investment-grade municipal securities, including general obligation and revenue bonds issued by U.S. states, municipalities and other political subdivisions.
The fund’s investment strategy emphasizes credit quality and income generation, with portfolio managers conducting in-depth credit analysis to identify opportunities across various sectors—such as transportation, education and healthcare—that offer attractive tax-exempt yields.
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