Inv Hg Incm 24 Shs

The full company name is Invesco High Income 2024 Target Term Fund.

Virtus AllianzGI Convertible & Income 2024 Target Term Fund

Dreyfus Alcentra Global Credit Income 2024 Target Term Fund, Inc.

Nuveen Preferred & Income Term Fund

Block

Wayfair

There are three types of closed-end fund structures: perpetual, term, and target term. Term funds aim to minimize the discount at which the fund trades versus its share price. Today we have four funds that are nearing their completion dates. JPI, DCF, CBH, and IHTA. We'll go through them one-by-one. Term funds are similar to buying a discounted bond that is nearing its maturity. There are a few other risks that are involved here.

Play The Odds With Term Funds: Annualized Gains Up To 15%

Invesco Value Municipal Income Trust

Invesco Quality Municipal Income Trust

Invesco Municipal Income Opportunities Trust

Invesco Bond Fund

Invesco California Value Municipal Income Trust

Invesco Trust for Investment Grade Municipals

Invesco Advantage Municipal Income Trust II

Invesco Municipal Trust

Invesco Municipal Opportunity Trust

Invesco Pennsylvania Value Municipal Income Trust

Invesco Trust For Investment Grade New York Municipals

ATLANTA , April 1, 2024  /PRNewswire/ -- Today, the Board of Trustees of each of the Invesco closed-end funds listed below declared dividends. Several leveraged municipal closed-end funds have announced distribution rate increases of between 9% and 23% to deliver higher monthly cash flows to shareholders.

Invesco Closed-End Funds Declare Dividends

Western Asset Mortgage Opportunity Fund

Eaton Vance Enhanced Equity Income Fund

Eaton Vance Risk-Managed Diversified Equity Income Fund

Eaton Vance Tax-Managed Diversified Equity Income Fund

Pioneer Diversified High Income Trust

Nuveen Mortgage Opportunity Term Fund

Principal Real Estate Income Fund

Taiwan Fund

For the first month in three, equity CEFs (-0.59% on a NAV basis) suffered losses while their fixed-income CEF (+0.49%) counterparts on average posted plus-side returns. At month-end, 11% of all CEFs traded at a premium to their NAV, with 12% of equity CEFs and 10% of fixed-income CEFs trading in premium territory. Income & Preferred Stock CEFs (+1.44%), for the first month in four, outpaced the other classifications in the equity CEF universe for January.

The Month In Closed-End Funds: January 2024

Invesco High Income 2023 Target Term Fund

ATLANTA, Sept. 7, 2023 /PRNewswire/ -- Invesco Advisers, Inc., a subsidiary of Invesco Ltd. (NYSE: IVZ), announced today portfolio management changes for the following Invesco closed-end funds (the "Funds"):

Invesco Advisers Announces Portfolio Management Changes for Invesco Closed-End Funds

Miller/Howard High Income Equity Fund

Term and target term funds, such as Miller/Howard High Income Equity Fund and Invesco High Income 2024 Target Term Fund, offer opportunities for investors to realize a fund's discount as they approach their termination dates. Both HIE and IHTA are set to liquidate in 2024, but investors should be aware of potential extensions and the possibility of funds going perpetual through tender offers. While not risk-free, these funds can provide alpha when investors realize the discount, but their performance may be affected by market conditions such as a deep recession.

HIE And IHTA: 2 CEFs Set To Liquidate In 2024

First Trust Mortgage Income Fund

FS Credit Opportunities Corp

First Trust High Yld Oprtnts 2027 Tr Fn

MainStay MacKay DefinedTerm Municipal Opportunities Fund

BlackRock MuniVest Fund Inc

Nuveen Municipal High Income Opportunity Fund

Nuveen Municipal Credit Income Fund

PIMCO Dynamic Income Fund

The January Effect boosted the valuation of most areas of the closed-end fund market. Taxable bond CEFs have rallied strongly while leaving munis behind. We think this is an opportunity for investors for 2023, as credit spreads are likely to widen, dragging down taxable bond NAVs. We favor munis and high-quality taxables.

CEF Report February 2023 | The January Effect Didn't Disappoint

News for Inv Hg Incm 24 Shs ETF (IHTA)