Inv Vk Mun Opp (NYSE:VMO) Plans $0.06 Monthly Dividend

by · The Markets Daily

Inv Vk Mun Opp (NYSE:VMO – Get Free Report) announced a monthly dividend on Monday, August 3rd. Stockholders of record on Monday, August 17th will be paid a dividend of 0.0625 per share by the investment management company on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date of this dividend is Monday, August 17th.

Inv Vk Mun Opp Trading Down 0.1%

NYSE VMO opened at $9.65 on Tuesday. The business’s fifty day moving average is $9.77 and its 200 day moving average is $9.74. Inv Vk Mun Opp has a fifty-two week low of $9.09 and a fifty-two week high of $10.10.

About Inv Vk Mun Opp

(Get Free Report)

Inv Vk Mun Opp (NYSE: VMO), known as the Invesco Municipal Opportunity Trust, is a closed-end management investment company that seeks to provide current income exempt from regular federal income tax, along with the potential for capital appreciation. The fund primarily invests in a diversified portfolio of municipal securities issued by U.S. states, cities and local governments. Its investment strategy emphasizes selecting undervalued bonds that offer attractive tax-exempt yields, while maintaining a focus on credit quality and liquidity.

The portfolio manager employs both fundamental credit analysis and relative-value techniques to identify investment opportunities across various sectors of the municipal bond market.

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