Invesco Dynamic Credit Opportunities Fd (VTA) Hits New 1-Year Low at $10.83

Shares of Invesco Dynamic Credit Opportunities Fd (NYSE:VTA) reached a new 52-week low during trading on Thursday . The stock traded as low as $10.83 and last traded at $10.91, with a volume of 10768 shares. The stock had previously closed at $11.00.

The firm also recently declared a monthly dividend, which will be paid on Monday, December 31st. Shareholders of record on Friday, December 14th will be given a dividend of $0.2225 per share. The ex-dividend date is Thursday, December 13th. This represents a $2.67 dividend on an annualized basis and a yield of 24.56%. This is an increase from Invesco Dynamic Credit Opportunities Fd’s previous monthly dividend of $0.06.

Hedge funds have recently modified their holdings of the business. Shepherd Kaplan Krochuk LLC boosted its position in Invesco Dynamic Credit Opportunities Fd by 75.7% during the second quarter. Shepherd Kaplan Krochuk LLC now owns 45,710 shares of the investment management company’s stock worth $531,000 after purchasing an additional 19,690 shares in the last quarter. Raymond James & Associates boosted its position in Invesco Dynamic Credit Opportunities Fd by 22.5% during the second quarter. Raymond James & Associates now owns 326,206 shares of the investment management company’s stock worth $3,791,000 after purchasing an additional 59,844 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Invesco Dynamic Credit Opportunities Fd by 13.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 64,214 shares of the investment management company’s stock worth $746,000 after purchasing an additional 7,829 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in Invesco Dynamic Credit Opportunities Fd during the second quarter worth approximately $626,000. Finally, Bank of America Corp DE boosted its position in Invesco Dynamic Credit Opportunities Fd by 3.9% during the second quarter. Bank of America Corp DE now owns 1,452,761 shares of the investment management company’s stock worth $16,881,000 after purchasing an additional 54,429 shares in the last quarter.

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About Invesco Dynamic Credit Opportunities Fd (NYSE:VTA)

Invesco Dynamic Credit Opportunities Fund is a close-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.

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