IHIT News and Press, Invesco High Income 2023 Target Term Fund of Beneficial Interest From 05/27/22

We review CEF market valuation and performance through the third week of May and highlight recent market action. The CEF space had a pretty flat weak as a modest tightening in discounts offset further NAV falls. We take a look at the question of relative performance between High-Y...

We review CEF market valuation and performance through the second week of April and highlight recent market action. The recent rally fizzled as the CEF space fell sharply with most sectors dropping more than 1%. We highlight funds that are likely to be more resilient in the face o...

Only funds with coverage >100% are considered for this quality closed-end fund report. Top lists of discount, yield, DxY and DxYxZ are given. Top DxYxZ funds are KIO, ARDC and DSL. For further details see: The Quality Closed-End Fund Report, March 2022: Attractive Val...

The last few years have shown that market shocks can be both frequent and unexpected. Being able to take advantage of temporary market dislocations can allow investors to drive their portfolio wealth and ultimately generate a higher level of sustainable income. We discuss drier-po...

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Top DxYxZ funds are EHI, JPI and WEA. For further details see: Quality Closed-End Fund Report, February 2022

We highlight FFC - a strong performer in the preferreds sector that has just moved out to an attractive valuation. We also use FFC as a case study of how the Fed's rate hiking trajectory will raise most fund leverage costs and reduce CEF net income levels. And discuss strategies f...

We review CEF market valuation and performance through the second week of February and highlight recent market action. It was another down week for the CEF market with about a quarter of sectors now at double-digit losses for the year. We discuss how CEF sector tilts can drive fun...

Income investing in 2021 was not as exciting as it was in 2020. However, 2021 still holds some useful lessons for investors, which we discuss in this article. These lessons should continue to remain relevant in 2022. For further details see: Income Investing Lessons Of 2...

Invesco High Income 2023 Target Term Fund (NYSE:IHIT) declares $0.044/share monthly dividend, in line with previous. Forward yield 5.29% Payable Nov. 30; for shareholders of record Nov. 15; ex-div Nov. 12. See IHIT Dividend Scorecard, Yield Chart, & Dividend Growth. For further details ...

Steadily lower yields and heightened volatility make relative value opportunities an attractive alpha generation strategy in CEFs. We review past relative value ideas and identify new ones across CEF sectors. Specifically, we highlight rotation opportunities for a number of PIMCO,...