Invesco Advantage Municipal Income Trust II (VKI) to Distribute Monthly Dividend of $0.06 on September 30th

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) announced a monthly dividend on Tuesday, September 1st. Shareholders of record on Monday, September 14th will be paid a dividend of 0.0559 per share by the financial services provider on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 7.9%. The ex-dividend date is Monday, September 14th.

Invesco Advantage Municipal Income Trust II Price Performance

Shares of Invesco Advantage Municipal Income Trust II stock opened at $8.54 on Friday. Invesco Advantage Municipal Income Trust II has a 52 week low of $8.31 and a 52 week high of $9.60. The stock has a 50 day moving average price of $8.99 and a two-hundred day moving average price of $9.01.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of VKI. Kestra Advisory Services LLC acquired a new position in shares of Invesco Advantage Municipal Income Trust II during the fourth quarter valued at about $51,000. J.W. Cole Advisors Inc. purchased a new stake in shares of Invesco Advantage Municipal Income Trust II in the fourth quarter worth approximately $117,000. Baird Financial Group Inc. bought a new position in shares of Invesco Advantage Municipal Income Trust II in the second quarter valued at approximately $127,000. PNC Financial Services Group Inc. bought a new stake in Invesco Advantage Municipal Income Trust II during the fourth quarter worth $133,000. Finally, Creative Planning raised its position in Invesco Advantage Municipal Income Trust II by 35.4% in the 3rd 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 last quarter. Institutional investors and hedge funds own 27.52% of the company’s stock.

Invesco Advantage Municipal Income Trust II Company Profile

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.