Absolute Investment Advisers LLC Raises Stake in Invesco Senior Income Trust $VVR

Absolute Investment Advisers LLC boosted its stake in shares of Invesco Senior Income Trust (NYSE:VVR) by 39.6% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,475,186 shares of the investment management company’s stock after buying an additional 418,439 shares during the quarter. Absolute Investment Advisers LLC’s holdings in Invesco Senior Income Trust were worth $4,750,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in VVR. Kestra Advisory Services LLC purchased a new stake in Invesco Senior Income Trust during the fourth quarter worth about $25,000. Choreo LLC bought a new stake in shares of Invesco Senior Income Trust in the fourth quarter valued at approximately $37,000. Integrity Advisory Solutions LLC purchased a new stake in shares of Invesco Senior Income Trust during the 4th quarter valued at approximately $38,000. Allworth Financial LP raised its stake in shares of Invesco Senior Income Trust by 65.7% during the 3rd quarter. Allworth Financial LP now owns 16,400 shares of the investment management company’s stock valued at $57,000 after purchasing an additional 6,500 shares during the period. Finally, Oppenheimer & Co. Inc. raised its stake in shares of Invesco Senior Income Trust by 30.5% during the 4th quarter. Oppenheimer & Co. Inc. now owns 17,871 shares of the investment management company’s stock valued at $58,000 after purchasing an additional 4,174 shares during the period.

Invesco Senior Income Trust Price Performance

Shares of Invesco Senior Income Trust stock opened at $3.00 on Monday. The company’s 50-day moving average price is $3.04 and its 200-day moving average price is $3.15. Invesco Senior Income Trust has a 12-month low of $2.93 and a 12-month high of $3.83.

Invesco Senior Income Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a $0.029 dividend. This represents a c) annualized dividend and a dividend yield of 11.6%. The ex-dividend date is Monday, June 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.