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VVR - VVR: Deeply Unloved And A High Discount To NAV
Invesco Senior Income Trust
2025-09-27 07:15:09 ET
Thesis
The last time we covered the Invesco Senior Income Trust ( VVR ) was in the beginning of the year, after a two standard deviation move in the price that saw the CEF plummet by more than -12% in one day. At the time we described the violent move in light of the fund's history, and outlined a short dated trade to take advantage of the overextended move. The CEF proceeded to bounce afterwards, validating our view....