Invesco Municipal Strategic Income ETF (BATS:IMSI) Increases Dividend to $0.17 Per Share

Invesco Municipal Strategic Income ETF (BATS:IMSI) announced a dividend on Friday, August 16th, NASDAQ reports. Shareholders of record on Monday, August 19th will be paid a dividend of 0.1707 per share on Friday, August 23rd. The ex-dividend date of this dividend is Monday, August 19th. This is a boost from Invesco Municipal Strategic Income ETF’s previous dividend of $0.17.

Invesco Municipal Strategic Income ETF Trading Up 0.1 %

Shares of IMSI traded up $0.04 during mid-day trading on Friday, hitting $51.46. The stock had a trading volume of 3 shares. The company’s fifty day moving average price is $51.27 and its two-hundred day moving average price is $51.07.

About Invesco Municipal Strategic Income ETF

The Invesco Municipal Strategic Income ETF (IMSI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that primarily invests in municipal securities exempt from federal income taxes. It will hold low- to medium-quality municipal securities between 50-65% of its portfolio while aiming for a dollar-weighted average portfolio duration of less than 7.5 years.