Invesco Advantage Municipal Income Trust II (VKI) to Issue Monthly Dividend of $0.03 on April 30th

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) declared a monthly dividend on Monday, April 1st, Wall Street Journal reports. Shareholders of record on Tuesday, April 16th will be given a dividend of 0.0349 per share by the financial services provider on Tuesday, April 30th. This represents a $0.42 dividend on an annualized basis and a yield of 5.06%. The ex-dividend date of this dividend is Monday, April 15th.

Invesco Advantage Municipal Income Trust II Price Performance

Shares of Invesco Advantage Municipal Income Trust II stock opened at $8.27 on Friday. Invesco Advantage Municipal Income Trust II has a twelve month low of $7.07 and a twelve month high of $8.94.

Hedge Funds Weigh In On Invesco Advantage Municipal Income Trust II

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Nuveen Asset Management LLC bought a new position in Invesco Advantage Municipal Income Trust II during the 4th quarter valued at $305,000. Royal Bank of Canada boosted its stake in shares of Invesco Advantage Municipal Income Trust II by 131.4% during the 4th quarter. Royal Bank of Canada now owns 29,531 shares of the financial services provider’s stock worth $249,000 after acquiring an additional 16,771 shares in the last quarter. Rockefeller Capital Management L.P. boosted its stake in shares of Invesco Advantage Municipal Income Trust II by 0.8% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 149,201 shares of the financial services provider’s stock worth $1,255,000 after acquiring an additional 1,232 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in shares of Invesco Advantage Municipal Income Trust II during the 2nd quarter worth $769,000. Finally, JPMorgan Chase & Co. bought a new stake in shares of Invesco Advantage Municipal Income Trust II during the 1st quarter worth $217,000. 27.52% of the stock is owned by institutional investors.

About Invesco Advantage Municipal Income Trust II

Invesco Advantage Municipal Income Trust II is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc It invests in the fixed income markets of the United States.