Invesco High Income 2024 Target Term Fund

Fixed Income | US Fixed Income

Objective

The Fund’s investment objectives are to provide a high level of current income and to return Original NAV to Common Shareholders on or about the Termination Date.

Management team

as of 03/31/2019 03/31/2019

Average Annual Returns (%)

  Incept.
Date
Max
Load (%)
Since
Incept. (%)*
YTD (%) 1Y (%) 3Y (%) 5Y (%) 10Y (%)
NAV 12/04/2017 N/A 8.58 5.73 11.47 N/A N/A N/A
Market 12/04/2017 1.90 4.77 11.95 13.40 N/A N/A N/A

* Returns are cumulative for funds with less than one year of performance.

Performance data quoted represents past performance, which is no guarantee of future results, and current performance may be lower or higher than the figures shown. Funds are subject to market risk, investment returns and principal value will fluctuate and fund shares, when redeemed, may be worth more or less than their original cost.

as of 03/31/2019 03/31/2019

Average Annual Returns (%)

  Incept.
Date
Max
Load (%)
Since
Incept. (%)*
YTD (%) 1Y (%) 3Y (%) 5Y (%) 10Y (%)
NAV 12/04/2017 N/A 8.58 5.73 11.47 N/A N/A N/A
Market 12/04/2017 1.90 4.77 11.95 13.40 N/A N/A N/A

* Returns are cumulative for funds with less than one year of performance.

Performance data quoted represents past performance, which is no guarantee of future results, and current performance may be lower or higher than the figures shown. Funds are subject to market risk, investment returns and principal value will fluctuate and fund shares, when redeemed, may be worth more or less than their original cost.

Historical Prices

From   to
No history records found for this date range

Distributions

From   to
    Capital Gains Reinvestment
Price ($)
Ex-Date Income Short Term Long Term
03/12/2019 0.0467 N/A N/A 9.965
02/12/2019 0.0467 N/A N/A 9.57
01/15/2019 0.0467 N/A N/A 9.50
12/13/2018 0.0467 N/A 0.0031 9.00
11/12/2018 0.0467 N/A N/A 9.361
10/15/2018 0.0467 N/A N/A 9.247
09/13/2018 0.0467 N/A N/A 9.348
08/13/2018 0.0467 N/A N/A 9.61
07/16/2018 0.0467 N/A N/A 9.279
06/12/2018 0.0467 N/A N/A 9.164
05/14/2018 0.0467 N/A N/A 9.05
04/16/2018 0.0467 N/A N/A 9.17
03/14/2018 0.0467 N/A N/A 9.33
02/14/2018 0.0467 N/A N/A 9.837
01/23/2018 0.0467 N/A N/A 9.837
as of 02/28/2019

Quality Breakdown

Ratings are based on S&P, Moody's or Fitch, as applicable. A credit rating is an assessment provided by a nationally recognized statistical rating organization (NRSRO) of the creditworthiness of an issuer with respect to debt obligations, including specific securities, money market instruments or other debts. Ratings are measured on a scale that generally ranges from AAA (highest) to D (lowest); ratings are subject to change without notice. NR indicates the debtor was not rated, and should not be interpreted as indicating low quality. If securities are rated differently by the rating agencies, the higher rating is applied. Credit ratings are based largely on the rating agency's investment analysis at the time of rating and the rating assigned to any particular security is not necessarily a reflection of the issuer's current financial condition. The rating assigned to a security by a rating agency does not necessarily reflect its assessment of the volatility of a security's market value or of the liquidity of an investment in the security. For more information on the rating methodology, please visit the following NRSRO websites: www.standardandpoors.com and select 'Understanding Ratings' under Rating Resources on the homepage; www.moodys.com and select 'Rating Methodologies' under Research and Ratings on the homepage; www.fitchratings.com and select 'Ratings Definitions' on the homepage.

as of 03/31/2019

Fund Characteristics

3-Year Alpha N/A
3-Year Beta N/A
3-Year R-Squared N/A
Number of Securities 40
Total Assets $89,103,317.00

Source: StyleADVISOR

Fund Documents

 Risk & Other Considerations

Fund characteristics are subject to change daily. Provided for informational purposes only and should not be deemed as a recommendation to buy or sell the securities mentioned or securities in the sectors shown above.

This data is provided for informational purposes only and is not intended for trading or selling purposes. Closed end funds, unlike open end funds, are not continuously offered. There is a one time public offering and once issued, shares of closed end funds are sold in the open market.

There is no assurance that a closed end fund will achieve its investment objective. Like any stock, a closed end fund's share price will fluctuate with market conditions and other factors. At the time of sale, your shares may have a market price that is above or below net asset value, and may be worth more or less than your original investment. Accordingly, it is possible to lose money investing in the Trust.

As the Fund approaches its Termination Date, the Fund may earn interest income at a more modest rate. As a result, the Fund's distributions during the wind-up period of approximately three to six months preceding the Termination Date may consist, in whole or in part, of a return of capital.

CMBS differ from conventional debt securities because principal is paid back over the life of the security rather than at maturity. CMBS are subject to prepayment or call risk, which is the risk that a borrower’s payments may be received earlier than expected due to changes in prepayment rates on underlying loans. An unexpectedly high rate of defaults on the mortgages held by a mortgage pool will adversely affect the value of CMBS and will result in losses to the Fund.

Junk bonds involve a greater risk of default or price changes due to changes in the issuer’s credit quality. The values of junk bonds fluctuate more than those of high quality bonds and can decline significantly over short time periods.

Because the assets of the Fund will be liquidated in connection with its termination, the Fund may be required to sell portfolio securities when it otherwise would not, including at times when market conditions are not favorable, or at a time when a particular security is in default or bankruptcy, or otherwise in severe distress, which may cause the Fund to lose money.

The Fund’s anticipated use of leverage creates special risks for Common Shareholders, including potential interest rate risks and the likelihood of greater volatility of NAV and market price of, and distributions on, the Common Shares.

Because the Fund is classified as ‘non-diversified’ under the 1940 Act, it can invest a greater portion of its assets in obligations of a single issuer than a ‘diversified’ fund. As a result, the Fund may be more susceptible than a diversified fund to any single corporate, economic, political, geographic or regulatory occurrence.
as of 04/18/2019

IHTA

NAV Change($)
$10.20 0.01
N/As may appear until data is available. Data is usually updated between 3 and 6 p.m. CST.
as of 04/18/2019

Fund Details

  • NASDAQ IHTA
  • WSJ Abrev. N/A
  • CUSIP 46136K105
  • Inception Date 12/04/2017
  • Distribution Frequency Monthly