Invmun Incom (OIA) to Issue Monthly Dividend of $0.03 on September 30th

Invmun Incom (NYSE:OIA) declared a monthly dividend on Tuesday, September 1st. Stockholders of record on Monday, September 14th will be given a dividend of 0.0291 per share by the investment management company on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 6.0%. The ex-dividend date of this dividend is Monday, September 14th.

Invmun Incom Trading Down 0.7%

Shares of NYSE:OIA opened at $5.85 on Friday. The stock has a 50-day simple moving average of $6.08 and a 200-day simple moving average of $6.11. Invmun Incom has a 1 year low of $5.82 and a 1 year high of $6.40.

Institutional Investors Weigh In On Invmun Incom

Institutional investors have recently bought and sold shares of the business. Royal Bank of Canada raised its stake in shares of Invmun Incom by 6.8% in the 1st quarter. Royal Bank of Canada now owns 50,167 shares of the investment management company’s stock valued at $302,000 after acquiring an additional 3,210 shares during the period. Baird Financial Group Inc. lifted its position in shares of Invmun Incom by 31.9% during the second quarter. Baird Financial Group Inc. now owns 16,555 shares of the investment management company’s stock worth $95,000 after purchasing an additional 4,000 shares during the last quarter. Raymond James Financial Inc. grew its stake in Invmun Incom by 3.8% in the second quarter. Raymond James Financial Inc. now owns 160,207 shares of the investment management company’s stock worth $921,000 after purchasing an additional 5,909 shares in the last quarter. Jane Street Group LLC acquired a new position in Invmun Incom in the second quarter worth about $195,000. Finally, Bank of America Corp DE increased its holdings in Invmun Incom by 2.6% in the second quarter. Bank of America Corp DE now owns 902,189 shares of the investment management company’s stock valued at $5,188,000 after buying an additional 23,267 shares during the last quarter. 12.57% of the stock is currently owned by hedge funds and other institutional investors.

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.