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Invesco High Income 2023 Target Term Fund (IHIT)

NYSE Financial Services Asset Management - Income
$6.92 ▼ -0.22%
Market Cap
$167.1M
Sector
Financial Services
Industry
Asset Management - Income
Beta
0.31
52-Wk Range
6.56-8.325
CEO
Jason Marshall
Country
US
Currency
USD

Invesco High Income 2023 Target Term Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Atlanta, GA, US. The stock last traded at $6.92, down 0.22% on the session, giving a market capitalisation of $167.1M. On trailing twelve-month figures it carries a trailing P/E of -27.68, a net margin of 106.0%. Its beta of 0.31 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
-27.68
Price / Sales
-29.05
Price / Book
0.82
EV / EBITDA
-79.25
Gross margin
100.0%
Operating margin
-286.9%
Net margin
106.0%
Return on equity
—
Debt / equity
0.39
Current ratio
8.71
Dividend yield
4.9%
Payout ratio
-180.9%
Company profile
Exchange
New York Stock Exchange
Employees
—
IPO date
2016-11-23
Headquarters
Atlanta, GA, US
About Invesco High Income 2023 Target Term Fund

The Invesco High Income 2023 Target Term Fund is a specialized, closed-end investment vehicle primarily managed by Invesco Advisers, Inc., which focuses its holdings within the U.S. debt markets. Its portfolio additionally includes various debt instruments tied to real estate, notably encompassing commercial mortgage-backed securities (CMBS). To construct its investment allocation, the fund employs a rigorous bottom-up, fundamental analysis methodology. Its investment choices are informed by a blend of both proprietary internal research and insights gathered from external sources. This fund commenced operations on November 23, 2016, and is domiciled in the United States.

Comparable companies

Invesco High Income 2023 Target Term Fund is most often compared with the following Financial Services names:

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