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    Invesco High Income 2024 Target Term Fund (IHTA)

    Price:

    7.54 USD

    ( - 0 USD)

    Your position:

    0 USD

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    ABOUT
    Symbol
    IHTA
    Name
    Invesco High Income 2024 Target Term Fund
    Industry
    Asset Management
    Sector
    Financial Services
    Price
    7.540
    Market Cap
    66.249M
    Enterprise value
    87.164M
    Currency
    USD
    Ceo
    Jeffrey Howard Kupor
    Full Time Employees
    Website
    Ipo Date
    2017-11-30
    City
    Atlanta
    Address
    1555 Peachtree Street, N.E.

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    SIMILAR COMPANIES STI SCORE

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    RiverNorth Opportunities Fund, Inc.

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    Symbol
    RIV
    Market Cap
    261.683M
    Industry
    Asset Management
    Sector
    Financial Services
    FUNDAMENTALS
    P/E
    -510.644
    P/S
    319.060
    P/B
    0.948
    Debt/Equity
    0.387
    EV/FCF
    15.202
    Price to operating cash flow
    -1.000
    Price to free cash flow
    -1.000
    EV/sales
    418.942
    Earnings yield
    -0.002
    Debt/assets
    0.276
    FUNDAMENTALS
    Net debt/ebidta
    -159.857
    Interest coverage
    -0.072
    Research And Developement To Revenue
    0
    Intangile to total assets
    0
    Capex to operating cash flow
    0.000
    Capex to revenue
    0.000
    Capex to depreciation
    0
    Return on tangible assets
    -0.001
    Debt to market cap
    0.408
    Piotroski Score
    4.000
    FUNDAMENTALS
    PEG
    5.106
    P/CF
    11.577
    P/FCF
    11.577
    RoA %
    -0.132
    RoIC %
    -0.542
    Gross Profit Margin %
    -1.123k
    Quick Ratio
    0
    Current Ratio
    0
    Net Profit Margin %
    -62.482
    Net-Net
    -1.959
    FUNDAMENTALS PER SHARE
    FCF per share
    0.651
    Revenue per share
    0.024
    Net income per share
    -0.015
    Operating cash flow per share
    0.651
    Free cash flow per share
    0.651
    Cash per share
    0.716
    Book value per share
    7.954
    Tangible book value per share
    7.954
    Shareholders equity per share
    7.954
    Interest debt per share
    3.281
    TECHNICAL
    52 weeks high
    7.700
    52 weeks low
    7.050
    Current trading session High
    7.550
    Current trading session Low
    7.540
    DIVIDEND
    Dividend yield
    0.00%
    Payout ratio
    -2.68e+3%
    Years of div. Increase
    0
    Years of div.
    0
    Q-shift
    Dividend per share
    0
    SIMILAR COMPANIES
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.013393871%
    Payout Ratio
    0%
    P/E
    0
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.022979977%
    Payout Ratio
    -119.58169000000001%
    P/E
    -34.657
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.083459355%
    Payout Ratio
    -33.090076%
    P/E
    -3.402
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management
    Dividend yield
    0%
    Payout Ratio
    -734.8751%
    P/E
    -113.325
    DESCRIPTION

    Invesco High Income 2024 Target Term Fund is a closed-end management investment company. It seeks to achieve its investment objectives by primarily investing in securities collateralized by loans secured by real properties and other real estate related debt securities. The company was founded on February 8, 2017 and is headquartered in Atlanata, GA.

    NEWS
    https://images.financialmodelingprep.com/news/invesco-advisers-inc-announces-termination-and-liquidation-of-invesco-20241203.jpg
    Invesco Advisers, Inc. Announces Termination and Liquidation of Invesco High Income 2024 Target Term Fund

    prnewswire.com

    2024-12-03 06:30:00

    ATLANTA , Dec. 3, 2024 /PRNewswire/ -- Invesco Advisers, Inc., a subsidiary of Invesco Ltd. (NYSE: IVZ), announced today that it completed the termination and liquidation of Invesco High Income 2024 Target Term Fund (NYSE: IHTA) (the "Fund").

    https://images.financialmodelingprep.com/news/invesco-closedend-funds-declare-dividends-20241101.jpg
    Invesco Closed-End Funds Declare Dividends

    prnewswire.com

    2024-11-01 12:00:00

    ATLANTA , Nov. 1, 2024 /PRNewswire/ -- The Board of Trustees of each of the Invesco closed-end funds listed below declared dividends. EX-DATE RECORD DATE REINVEST DATE PAYABLE DATE 11/15/2024 11/15/2024 11/29/2024 11/29/2024 Name of Closed-EndManagement Investment Company Ticker MonthlyDividend Per Share ChangeFrom PriorDistribution % ChangeFrom PriorDistribution Invesco Advantage Municipal Income Trust II VKI $0.05591 - - Invesco Bond Fund VBF $0.07401 - - Invesco California Value Municipal Income Trust   VCV $0.06461 - - Invesco High Income 2024 Target Term Fund IHTA $0.0200 - - Invesco Municipal Income Opportunities Trust   OIA $0.0291 - - Invesco Municipal Opportunity Trust VMO  $0.06251 - - Invesco Municipal Trust VKQ  $0.06281 - - Invesco Pennsylvania Value Municipal Income Trust VPV  $0.06671 - - Invesco Quality Municipal Income Trust  IQI  $0.06311 - - Invesco Trust for Investment Grade Municipals VGM  $0.06461 - - Invesco Trust for Investment Grade New York Municipals VTN $0.06851 - - Invesco Value Municipal Income Trust IIM $0.07711 - - 1 A portion of this distribution is estimated to be from a return of principal rather than net income.

    https://images.financialmodelingprep.com/news/invesco-advisers-inc-announces-liquidation-details-for-invesco-high-20241021.jpg
    Invesco Advisers, Inc. Announces Liquidation Details for Invesco High Income 2024 Target Term Fund

    prnewswire.com

    2024-10-21 17:00:00

    ATLANTA , Oct. 21, 2024 /PRNewswire/ -- Invesco Advisers, Inc., a subsidiary of Invesco Ltd. (NYSE: IVZ), announced today additional details concerning the liquidation of Invesco High Income 2024 Target Term Fund (NYSE: IHTA) (the "Fund").

    https://images.financialmodelingprep.com/news/invesco-closedend-funds-announce-increased-distribution-rates-for-all-20240903.jpg
    Invesco Closed-End Funds Announce Increased Distribution Rates for All Investment Grade Municipal Bond Closed-End Funds and Declare Dividends

    prnewswire.com

    2024-09-03 12:15:00

    ATLANTA , Sept. 3, 2024 /PRNewswire/ -- The Board of Trustees of each of the Invesco closed-end funds listed below declared dividends.

    https://images.financialmodelingprep.com/news/invesco-closedend-funds-announce-increased-distribution-rates-for-all-20240801.jpg
    Invesco Closed-End Funds Announce Increased Distribution Rates for All Investment Grade Municipal Bond Closed-End Funds and Declare Dividends

    prnewswire.com

    2024-08-01 12:00:00

    ATLANTA , Aug. 1, 2024 /PRNewswire/ -- The Board of Trustees of each of the Invesco closed-end funds listed below declared dividends. EX-DATE RECORD DATE REINVEST DATE PAYABLE DATE 8/16/2024 8/16/2024 8/30/2024 8/30/2024   Name of Closed-EndManagement Investment Company   Ticker MonthlyDividend Per Share ChangeFrom PriorDistribution % ChangeFrom PriorDistribution Invesco Advantage Municipal Income Trust II VKI $0.05591 - - Invesco Bond Fund VBF $0.0715 - - Invesco California Value Municipal Income Trust   VCV $0.06461 - - Invesco High Income 2024 Target Term Fund IHTA $0.0200 -0.0130 -39 % Invesco Municipal Income Opportunities Trust   OIA $0.02911 - - Invesco Municipal Opportunity Trust VMO  $0.06251 - - Invesco Municipal Trust VKQ  $0.06281 - - Invesco Pennsylvania Value Municipal Income Trust VPV  $0.06671 - - Invesco Quality Municipal Income Trust  IQI  $0.06311 - - Invesco Trust for Investment Grade Municipals VGM  $0.06461 - - Invesco Trust for Investment Grade New York Municipals VTN $0.06851 - - Invesco Value Municipal Income Trust IIM $0.07711 - - 1 A portion of this distribution is estimated to be from a return of principal rather than net income.

    https://images.financialmodelingprep.com/news/invesco-closedend-funds-announce-increased-distribution-rates-for-all-20240523.jpg
    Invesco Closed-End Funds Announce Increased Distribution Rates for All Investment Grade Municipal Bond Closed-End Funds and Declare Dividends

    prnewswire.com

    2024-05-23 12:15:00

    ATLANTA , May 23, 2024 /PRNewswire/ -- The Board of Trustees authorized several Invesco closed-end funds to declare dividends.  This action includes an increase in the distribution rate for all investment grade municipal bond closed-end funds.

    https://images.financialmodelingprep.com/news/play-the-odds-with-term-funds-annualized-gains-up-20240411.jpg
    Play The Odds With Term Funds: Annualized Gains Up To 15%

    seekingalpha.com

    2024-04-11 16:03:09

    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.

    https://images.financialmodelingprep.com/news/invesco-closedend-funds-declare-dividends-20240401.jpg
    Invesco Closed-End Funds Declare Dividends

    prnewswire.com

    2024-04-01 12:15:00

    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.

    https://images.financialmodelingprep.com/news/the-month-in-closedend-funds-january-2024-20240208.jpg
    The Month In Closed-End Funds: January 2024

    seekingalpha.com

    2024-02-08 23:02:28

    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.

    https://images.financialmodelingprep.com/news/invesco-closedend-funds-declare-dividends-20240129.jpg
    Invesco Closed-End Funds Declare Dividends

    prnewswire.com

    2024-01-29 13:30:00

    ATLANTA , Jan. 29, 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.

    https://images.financialmodelingprep.com/news/invesco-advisers-announces-portfolio-management-changes-for-invesco-closedend-20230907.jpg
    Invesco Advisers Announces Portfolio Management Changes for Invesco Closed-End Funds

    prnewswire.com

    2023-09-07 16:05:00

    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"):

    https://images.financialmodelingprep.com/news/hie-and-ihta-2-cefs-set-to-liquidate-in-20230602.jpg
    HIE And IHTA: 2 CEFs Set To Liquidate In 2024

    seekingalpha.com

    2023-06-02 12:16:31

    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.

    https://images.financialmodelingprep.com/news/cef-report-february-2023-the-january-effect-didnt-disappoint-20230222.jpg
    CEF Report February 2023 | The January Effect Didn't Disappoint

    seekingalpha.com

    2023-02-22 10:54:58

    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.

    https://images.financialmodelingprep.com/news/the-month-in-closedend-funds-august-2020-20200904.jpg
    The Month In Closed-End Funds: August 2020

    seekingalpha.com

    2020-09-04 15:55:47

    For the fifth month in a row, equity CEFs on average posted positive returns, rising 2.71% on a NAV basis for August.

    https://images.financialmodelingprep.com/news/weekly-cef-commentary-aug-9-2020-some-opportunities-available-20200818.png
    Weekly CEF Commentary Aug. 9, 2020: Some Opportunities Available

    seekingalpha.com

    2020-08-18 07:00:00

    The macro picture hasn't been getting any clearer.  For one, the unemployment benefits issue hasn't been resolved in Congress.

    https://images.financialmodelingprep.com/news/reasons-to-remain-constructive-on-cefs-20200727.png
    Reasons To Remain Constructive On CEFs

    seekingalpha.com

    2020-07-27 02:58:43

    The drawdown in March of this year has caused some income investors to sit out the bounce-back in prices in anticipation of further volatility.