Ivy Funds – Ivy High Income Opportunities Fund Plans Monthly Dividend of $0.09 (NYSE:IVH)

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Ivy Funds – Ivy High Income Opportunities Fund (NYSE:IVH) declared a monthly dividend on Monday, February 1st, investing.com reports. Stockholders of record on Thursday, February 11th will be paid a dividend of 0.085 per share on Friday, February 26th. This represents a $1.02 annualized dividend and a dividend yield of 7.66%. The ex-dividend date is Wednesday, February 10th.

Shares of IVH opened at $13.32 on Monday. Ivy Funds – Ivy High Income Opportunities Fund has a twelve month low of $7.80 and a twelve month high of $14.18. The company has a 50 day moving average of $13.07 and a 200-day moving average of $12.39.

A hedge fund recently raised its stake in Ivy Funds – Ivy High Income Opportunities Fund stock. Morgan Stanley raised its holdings in shares of Ivy Funds – Ivy High Income Opportunities Fund (NYSE:IVH) by 26.5% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 216,971 shares of the company’s stock after acquiring an additional 45,441 shares during the quarter. Morgan Stanley’s holdings in Ivy Funds – Ivy High Income Opportunities Fund were worth $2,256,000 at the end of the most recent reporting period.

About Ivy Funds – Ivy High Income Opportunities Fund

Ivy Funds – Ivy High Income Opportunities Fund is a closed ended fixed income mutual fund launched and managed by Ivy Investment Management Company. The fund invests in fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors. The fund primarily invests in high-yield corporate bonds of various maturities, secured loans, and other corporate fixed-income instruments, which are rated below investment grade (below Baa3 by Moody’s or below BBB- by either S&P or Fitch).

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