Saba Capital Management, L.P. Buys 1,050,449 Shares of Invesco Senior Income Trust (VVR) Stock
Invesco Senior Income Trust (NYSE:VVR) major shareholder Saba Capital Management, L.P. acquired 1,050,449 shares of the business’s stock in a transaction dated Friday, April 5th. The shares were acquired at an average cost of $4.28 per share, with a total value of $4,495,921.72. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Shares of VVR opened at $4.29 on Wednesday. Invesco Senior Income Trust has a 1-year low of $3.72 and a 1-year high of $4.47.
The business also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Friday, April 12th will be given a dividend of $0.021 per share. The ex-dividend date is Thursday, April 11th. This represents a $0.25 annualized dividend and a yield of 5.87%.
About Invesco Senior Income Trust
Invesco Senior Income Trust is a closed ended fixed income mutual fund launched by Invesco Ltd. It is co-managed by Invesco Advisers, Inc, Invesco Asset Management Deutschland GmbH, Invesco Asset Management Limited, Invesco Asset Management (Japan) Limited, Invesco Australia Limited, Invesco Hong Kong Limited, Invesco Senior Secured Management, Inc, and Invesco Canada Ltd.
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