Invesco Advantage Municipal Income Tr II (VKI) Receiving Positive Media Coverage, Analysis Shows
News articles about Invesco Advantage Municipal Income Tr II (NYSE:VKI) have trended positive this week, Alpha One Sentiment reports. The research group, a unit of Accern, rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Invesco Advantage Municipal Income Tr II earned a daily sentiment score of 0.37 on Alpha One’s scale. Alpha One also gave media coverage about the financial services provider an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an impact on the company’s share price in the near future.
Shares of Invesco Advantage Municipal Income Tr II (NYSE:VKI) traded up 0.04% during mid-day trading on Wednesday, hitting $11.40. The stock had a trading volume of 118,729 shares. The company has a market cap of $506.06 million and a PE ratio of 8.10. Invesco Advantage Municipal Income Tr II has a 52-week low of $10.68 and a 52-week high of $13.57. The stock has a 50 day moving average price of $11.20 and a 200-day moving average price of $11.22.
The business also recently declared a monthly dividend, which will be paid on Wednesday, May 31st. Shareholders of record on Friday, May 12th will be given a dividend of $0.0547 per share. This represents a $0.66 annualized dividend and a yield of 5.75%. The ex-dividend date is Wednesday, May 10th.
About Invesco Advantage Municipal Income Tr II
Invesco Advantage Municipal Income Trust II (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to provide common shareholders with a high level of current income exempt from federal income tax, consistent with preservation of capital. Under normal market conditions, the Trust focuses on investing in municipal securities rated investment grade at the time of investment.
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