Inv Vk Mun Opp (NYSE:VMO – Get Free Report) announced a monthly dividend on Friday, January 2nd. Investors of record on Thursday, January 15th will be paid a dividend of 0.0625 per share by the investment management company on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date is Thursday, January 15th.
Inv Vk Mun Opp Stock Up 0.3%
Shares of VMO stock traded up $0.03 on Tuesday, hitting $9.80. 102,402 shares of the stock were exchanged, compared to its average volume of 216,580. The business has a 50-day moving average of $9.62 and a 200 day moving average of $9.45. Inv Vk Mun Opp has a fifty-two week low of $8.81 and a fifty-two week high of $9.94.
Inv Vk Mun Opp Company Profile
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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