Invesco High Income Trust II and Invesco Senior Income Trust are two companies that give money to people who own their shares. They recently decided to increase the amount of money they give each month. This means people who have these shares will get more money every month from these companies. Read from source...
- The title is misleading and incomplete, as it does not mention which trusts are declaring dividends or the date of declaration. A better title would be "Invesco High Income Trust II and Invesco Senior Income Trust Declare Dividends Effective October 1, 2023".
- The article provides insufficient information about the reasons behind the increase in dividend amounts for both trusts. It does not explain how the board approved the plan, what criteria were used to determine the new distribution rates, or how the funds' performance and prospects influenced the decision.
- The article uses vague terms such as "effective October 1, 2023" without specifying the year of the date. This creates confusion and ambiguity for readers who may not be familiar with the trusts or their history. A more precise way to write this would be "Effective October 1, 2023 (the date of the board resolution), the Fund will pay its monthly dividend..."
- The article repeats information about the VLT Plan that is already mentioned in the first paragraph, making it redundant and unnecessary. It also does not explain what the VLT Plan is or how it differs from the Plan approved by the Board of Invesco Senior Income Trust. A better approach would be to merge these two sentences into one and clarify the difference between the plans.
- The article ends abruptly without any conclusion, summary, or implications for investors or shareholders. It leaves readers wondering about the significance and impact of the dividend increase on the funds' performance, value, and attractiveness. A possible way to improve this would be to add a sentence that summarizes the main points and provides some insights or recommendations based on the article's content.
Based on the article titled "Invesco High Income Trust II, and Invesco Senior Income Trust Declare Dividends", I would recommend investing in both of these closed-end management investment companies. They are both part of the Invesco family and have increased their monthly dividends to common shareholders as of October 1, 2023. The new distribution amounts for each fund are:
Invesco High Income Trust II: $0.175 per share
Invesco Senior Income Trust: $0.12 per share