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Invesco High Income 2023 Target Term Fund NYSE:IHIT Stock Report

Last Price

US$6.92

Market Cap

US$167.1m

7D

0.1%

1Y

-20.3%

Updated

29 Nov, 2023

Data

Company Financials

Invesco High Income 2023 Target Term Fund

NYSE:IHIT Stock Report

Market Cap: US$167.1m

IHIT Stock Overview

Invesco High Income 2023 Target Term Fund is a closed ended fixed income mutual fund launched and managed by Invesco Advisers, Inc.

IHIT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends2/6

Invesco High Income 2023 Target Term Fund Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Invesco High Income 2023 Target Term Fund
Historical stock prices
Current Share PriceUS$6.92
52 Week HighUS$8.73
52 Week LowUS$6.56
Beta0.31
1 Month Change0.87%
3 Month Change-5.59%
1 Year Change-20.28%
3 Year Change-15.92%
5 Year Change-30.73%
Change since IPO-30.80%

Recent News & Updates

IHIT: Disappointing Performance (Rating Downgrade)

Aug 09

Invesco High Income 2023 Target Term Fund declares $0.035 dividend

Feb 01

Invesco High Income 2023 Target Term Fund declares $0.035 dividend

Jan 03

Recent updates

IHIT: Disappointing Performance (Rating Downgrade)

Aug 09

Invesco High Income 2023 Target Term Fund declares $0.035 dividend

Feb 01

Invesco High Income 2023 Target Term Fund declares $0.035 dividend

Jan 03

Invesco High Income 2023 Target Term Fund declares $0.035 dividend

Oct 04

Invesco High Income 2023 Target Term Fund declares $0.035 dividend

Sep 02

Invesco High Income 2023 Target Term Fund declares $0.035 dividend

Aug 01

Invesco High Income 2023 Target Term Fund declares $0.05 dividend

Feb 01

Invesco High Income 2023 Target Term Fund declares $0.05 dividend

Jan 04

Invesco High Income 2023 Target Term Fund declares $0.05 dividend

Dec 01

IHIT: Some Good News From The Latest Report

Nov 07

Invesco High Income 2023 Target Term Fund declares $0.05 dividend

Nov 02

Shareholder Returns

IHITUS Capital MarketsUS Market
7D0.1%-0.9%-0.8%
1Y-20.3%32.8%25.9%

Return vs Industry: IHIT underperformed the US Capital Markets industry which returned 8% over the past year.

Return vs Market: IHIT underperformed the US Market which returned 14.1% over the past year.

Price Volatility

Is IHIT's price volatile compared to industry and market?
IHIT volatility
IHIT Average Weekly Movement1.6%
Capital Markets Industry Average Movement3.3%
Market Average Movement6.0%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.0%

Stable Share Price: IHIT has not had significant price volatility in the past 3 months.

Volatility Over Time: IHIT's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2016n/an/ahttps://www.invesco.com/portal/site/us/investors/closed-end/product-detail?productId=31470&ticker=XHITX&title=invesco-high-income-2023-target-term-fund

Invesco High Income 2023 Target Term Fund is a closed ended fixed income mutual fund launched and managed by Invesco Advisers, Inc. The fund invests in fixed income markets of the United States. It also invests in real estate debt securities including commercial mortgage-backed securities. The fund employs fundamental analysis with bottom-up approach to create its portfolio.

Invesco High Income 2023 Target Term Fund Fundamentals Summary

How do Invesco High Income 2023 Target Term Fund's earnings and revenue compare to its market cap?
IHIT fundamental statistics
Market capUS$167.09m
Earnings (TTM)-US$15.60m
Revenue (TTM)US$17.52m

9.5x

P/S Ratio

-10.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IHIT income statement (TTM)
RevenueUS$17.52m
Cost of RevenueUS$0
Gross ProfitUS$17.52m
Other ExpensesUS$33.12m
Earnings-US$15.60m

Last Reported Earnings

Aug 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.65
Gross Margin100.00%
Net Profit Margin-89.00%
Debt/Equity Ratio0%

How did IHIT perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

-60%

Payout Ratio
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