Invesco Advantage Municipal Income Trust II (VKI) to Distribute Monthly Dividend of $0.06 on August 31st

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) declared a monthly dividend on Monday, August 3rd. Stockholders of record on Monday, August 17th will be paid a dividend of 0.0559 per share by the financial services provider on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date of this dividend is Monday, August 17th.

Invesco Advantage Municipal Income Trust II Stock Performance

Shares of Invesco Advantage Municipal Income Trust II stock opened at $8.95 on Wednesday. The stock’s fifty day moving average price is $9.17 and its 200-day moving average price is $9.06. Invesco Advantage Municipal Income Trust II has a 12 month low of $8.25 and a 12 month high of $9.60.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Indivisible Partners bought a new stake in shares of Invesco Advantage Municipal Income Trust II in the 4th quarter valued at about $789,000. Raymond James Financial Inc. boosted its stake in shares of Invesco Advantage Municipal Income Trust II by 12.2% during the second quarter. Raymond James Financial Inc. now owns 129,654 shares of the financial services provider’s stock valued at $1,085,000 after purchasing an additional 14,070 shares in the last quarter. North Ground Capital boosted its stake in shares of Invesco Advantage Municipal Income Trust II by 11.6% during the fourth quarter. North Ground Capital now owns 95,443 shares of the financial services provider’s stock valued at $870,000 after purchasing an additional 9,943 shares in the last quarter. Royal Bank of Canada increased its holdings in Invesco Advantage Municipal Income Trust II by 12.0% during the fourth quarter. Royal Bank of Canada now owns 47,530 shares of the financial services provider’s stock valued at $434,000 after buying an additional 5,086 shares during the period. Finally, Creative Planning increased its holdings in Invesco Advantage Municipal Income Trust II by 35.4% during the third quarter. Creative Planning now owns 15,792 shares of the financial services provider’s stock valued at $138,000 after buying an additional 4,132 shares during the period. Hedge funds and other institutional investors own 27.52% of the company’s stock.

About Invesco Advantage Municipal Income Trust II

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN: VKI) is a closed-end management investment company that primarily seeks to provide shareholders with high after-tax total return. The fund pursues its objective by investing predominantly in a diversified portfolio of investment-grade municipal securities, including general obligation and revenue bonds issued by U.S. states, municipalities and other political subdivisions.

The fund’s investment strategy emphasizes credit quality and income generation, with portfolio managers conducting in-depth credit analysis to identify opportunities across various sectors—such as transportation, education and healthcare—that offer attractive tax-exempt yields.