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

Inv Vk Mun Opp (NYSE:VMO) declared a monthly dividend on Monday, March 2nd. Shareholders of record on Monday, March 16th will be paid a dividend of 0.0625 per share by the investment management company on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 7.7%. The ex-dividend date of this dividend is Monday, March 16th.

Inv Vk Mun Opp Trading Up 0.4%

NYSE:VMO traded up $0.04 during midday trading on Friday, reaching $9.79. 215,923 shares of the stock traded hands, compared to its average volume of 178,235. Inv Vk Mun Opp has a 12-month low of $8.81 and a 12-month high of $10.10. The business has a 50-day moving average of $9.82 and a two-hundred day moving average of $9.66.

About Inv Vk Mun Opp

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.