INV VK HI INC2 (NYSE:VLT – Get Free Report) announced a monthly dividend on Monday, November 2nd. Investors of record on Monday, November 16th will be paid a dividend of $0.0895 per share by the financial services provider on Monday, November 30th. This represents a $1.07 annualized dividend and a dividend yield of 11.9%. The ex-dividend date is Monday, November 16th. This is a 0.0% decrease from INV VK HI INC2’s previous monthly dividend of $0.0895.
INV VK HI INC2 Stock Performance
INV VK HI INC2 stock opened at $8.99 on Wednesday. INV VK HI INC2 has a 52-week low of $8.70 and a 52-week high of $11.34. The business has a 50-day simple moving average of $9.26 and a two-hundred day simple moving average of $10.17.
Hedge Funds Weigh In On INV VK HI INC2
A number of hedge funds have recently made changes to their positions in VLT. Shaker Financial Services LLC boosted its position in shares of INV VK HI INC2 by 211.5% during the 3rd quarter. Shaker Financial Services LLC now owns 149,149 shares of the financial services provider’s stock valued at $1,356,000 after acquiring an additional 101,268 shares during the last quarter. Mallini Complete Financial Planning LLC grew its holdings in shares of INV VK HI INC2 by 25.6% in the second quarter. Mallini Complete Financial Planning LLC now owns 24,894 shares of the financial services provider’s stock valued at $259,000 after purchasing an additional 5,077 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in INV VK HI INC2 by 83.2% in the first quarter. Cetera Investment Advisers now owns 28,191 shares of the financial services provider’s stock worth $285,000 after purchasing an additional 12,802 shares during the last quarter. Institutional investors own 21.63% of the company’s stock.
INV VK HI INC2 Company Profile
Invesco High Income Trust II (NYSE: VLT) is a closed-end investment company managed by Invesco Ltd. Rather than operating a conventional business, the fund invests in a diversified portfolio of income-producing securities, with an emphasis on below-investment-grade corporate debt and other high-yield fixed-income investments.
The fund seeks to provide investors with a high level of current income while also pursuing capital appreciation. Its portfolio may include bonds and other debt instruments issued by companies across a range of industries and geographic markets, subject to the fund’s investment policies and the judgment of its investment adviser, Invesco Advisers, Inc
Invesco High Income Trust II is listed on the New York Stock Exchange and is overseen through the governance structure applicable to closed-end funds.
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