Invesco Bond Fund (NYSE:VBF) Announces $0.07 Monthly Dividend

Invesco Bond Fund (NYSE:VBFGet Free Report) announced a monthly dividend on Monday, April 1st, Zacks reports. Investors of record on Tuesday, April 16th will be paid a dividend of 0.065 per share by the financial services provider on Tuesday, April 30th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 5.00%. The ex-dividend date of this dividend is Monday, April 15th.

Invesco Bond Fund has increased its dividend payment by an average of 2.5% annually over the last three years.

Invesco Bond Fund Trading Up 0.1 %

Invesco Bond Fund stock traded up $0.02 during mid-day trading on Wednesday, hitting $15.61. The company’s stock had a trading volume of 5,598 shares, compared to its average volume of 43,327. Invesco Bond Fund has a 1 year low of $13.68 and a 1 year high of $16.27. The stock’s fifty day moving average is $15.67 and its two-hundred day moving average is $15.20.

Institutional Trading of Invesco Bond Fund

Hedge funds and other institutional investors have recently modified their holdings of the business. Ameriprise Financial Inc. boosted its stake in Invesco Bond Fund by 221.7% during the third quarter. Ameriprise Financial Inc. now owns 162,769 shares of the financial services provider’s stock worth $2,355,000 after buying an additional 112,171 shares during the period. Citigroup Inc. boosted its position in shares of Invesco Bond Fund by 1,015.3% during the second quarter. Citigroup Inc. now owns 36,002 shares of the financial services provider’s stock worth $536,000 after buying an additional 32,774 shares during the period. Wells Fargo & Company MN lifted its stake in Invesco Bond Fund by 8.9% during the 2nd quarter. Wells Fargo & Company MN now owns 275,074 shares of the financial services provider’s stock worth $4,475,000 after acquiring an additional 22,415 shares in the last quarter. Invesco Ltd. grew its position in Invesco Bond Fund by 15.6% in the 3rd quarter. Invesco Ltd. now owns 135,431 shares of the financial services provider’s stock valued at $1,960,000 after acquiring an additional 18,247 shares in the last quarter. Finally, NewEdge Advisors LLC purchased a new position in shares of Invesco Bond Fund in the first quarter valued at approximately $198,000. 43.73% of the stock is owned by institutional investors and hedge funds.

About Invesco Bond Fund

(Get Free Report)

Invesco Bond Fund is a close 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 Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.

Further Reading

Dividend History for Invesco Bond Fund (NYSE:VBF)

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