Company: VVR
Filing Date: 2025-11-07
Form Type: N-CSRS
Source: 0001193125-25-271170
Chunk: 29

Company: Invesco Senior Income Trust
Filing Date: 2025-11-07
Form: N-CSRS
Chunk 29
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DM Shares. These costs are recorded as a deferred charge and are amortized over the term life of the VRDM Shares. Amortization of these costs is included in Interest, facilities and maintenance feeson the Consolidated Statement of Operations, and the unamortized balance is included in the value of Variable rate demand mode preferred shareson the Consolidated Statement of Assets and Liabilities. Dividends paid on the VRDM Shares (which are treated as interest expense for financial reporting purposes) are declared daily and paid monthly. As of August 31, 2025, the dividend rate on the VRDM Shares of each Series was 4.51%. Such rate is reset once a week by the Remarketing Agent. For each Series of VRDM Shares,the Remarketing Agent determines the dividend rate as being the lowest rate under then-existing market conditions that in the Remarketing Agent’s sole judgment would result in the VRDM Shares having a market value equal to the liquidation preference thereof, plus accumulated but unpaid dividends thereon. However, if the relevant Liquidity Provider purchases VRDM Shares in connection with an optional tender, mandatory tender or mandatory purchase, the dividend rate will instead be determined by the Remarketing Agent on the basis of one-monthTerm SOFR plus a spread (which spread will increase over time the longer the Liquidity Provider continues to be the holder of such VRDM Shares). The dividend rate will in no case exceed 15% per annum. The average aggregate liquidation preference outstanding and the average annualized dividend rate of the VRDM Shares during the six months August 31, 2025 were $100,000,000 and 4.46%, respectively. The Trust is subject to certain restrictions relating to the VRDM Shares, such as maintaining certain “asset coverage” and “leverage ratio” requirements. Failure to comply with these restrictions could preclude the Trust from declaring any distributions to common shareholders or purchasing common shares and, as noted above could trigger a mandatory redemption or a mandatory tender of the VRDM Shares. The liquidation preference of VRDM Shares, which approximates fair value, is recorded as a liability under the caption Variable rate demand modepreferred shares on the Consolidated Statement of Assets and Liabilities. Unpaid dividends on VRDM Shares are recognized as Accrued interest expense on the Consolidated Statement of Assets and Liabilities. Dividends paid on VRDM Shares are recognized as a component of Interest, facilities and maintenance feeson the Consolidated Statement of Operations. NOTE 13–Dividends