IHTA - An Update On The Non-Agency MBS Sector

October, 07 2020 07:00 AM Invesco High Income 2024 Target Term Fund of Beneficial Interest No par value per share

NAVs in the non-agency mortgage space continue to recover as the underlying securities slowly inch back to prior levels.
It will take time - likely another six to 18 months before many of these NAVs recover to pre COVID-19 levels.
Opportunistically buying during the volatility will remain a key investment driver going forward as the sector as a whole is near fair value.
We like DMO, PDI, and IHIT best.
We also check in on some of the open-end fund options.

For further details see:

Company Name:	Invesco High Income 2024 Target Term Fund of Beneficial Interest No par value per share
Stock Symbol:	IHTA
Market:	NYSE