Invmun Incom (NYSE:OIA) Announces Monthly Dividend of $0.03

Invmun Incom (NYSE:OIA) announced a monthly dividend on Tuesday, September 2nd, Wall Street Journal reports. Investors of record on Tuesday, September 16th will be given a dividend of 0.0291 per share by the investment management company on Tuesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 5.8%. The ex-dividend date is Tuesday, September 16th.

Invmun Incom Trading Up 0.4%

Invmun Incom stock opened at $6.05 on Friday. The stock has a 50-day moving average price of $5.68 and a 200 day moving average price of $5.78. Invmun Incom has a 52 week low of $5.43 and a 52 week high of $6.99.

Institutional Trading of Invmun Incom

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OIA. Elequin Capital LP purchased a new stake in Invmun Incom during the 4th quarter worth about $41,000. Ameriflex Group Inc. purchased a new stake in Invmun Incom in the 4th quarter valued at about $50,000. Austin Wealth Management LLC purchased a new stake in Invmun Incom in the 1st quarter valued at about $62,000. Entrewealth LLC purchased a new stake in Invmun Incom in the 1st quarter valued at about $65,000. Finally, NWF Advisory Services Inc. purchased a new stake in Invmun Incom in the 2nd quarter valued at about $70,000. Hedge funds and other institutional investors own 12.57% of the company’s stock.

About Invmun Incom

Invesco Municipal Income Opportunities Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.