Invesco High Income 2023 Target Term Fund

Invesco High Income 2023 Target Term Fundverified

IHIT

Price:

$6.92

Market Cap:

$167.09M

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. It conducts both in-house and external research to make its investments. Invesco High Income 2023 Target Term Fund was formed on November 23, 2016 and is domiciled in the United States.[Read more]

Industry

Asset Management - Income

IPO Date

2016-11-23

Stock Exchange

NYSE

Ticker

IHIT

The Current Ratio as of September 2024 (TTM) for Invesco High Income 2023 Target Term Fund (IHIT) is 8.71

According to Invesco High Income 2023 Target Term Fund’s latest financial reports and current stock price. The company's current Current Ratio is 8.71. This represents a change of 84.18% compared to the average of 4.73 of the last 4 quarters.

Invesco High Income 2023 Target Term Fund (IHIT) Historical Current Ratio (quarterly & annually)

How has IHIT Current Ratio performed in the past?

The mean historical Current Ratio of Invesco High Income 2023 Target Term Fund over the last ten years is 7.33. The current 8.71 Current Ratio has changed 11.78% with respect to the historical average. Over the past ten years (40 quarters), IHIT's Current Ratio was at its highest in in the February 2020 quarter at 39.42. The Current Ratio was at its lowest in in the May 2017 quarter at 0.02.

Quarterly (TTM)
Annual

Average

7.33

Median

6.30

Minimum

3.56

Maximum

12.69

Invesco High Income 2023 Target Term Fund (IHIT) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Invesco High Income 2023 Target Term Fund Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 256.50%

Maximum Annual Current Ratio = 12.69

Minimum Annual Increase = -40.37%

Minimum Annual Current Ratio = 3.56

Quarterly (TTM)
Annual
YearCurrent RatioChange
20238.7138.12%
20226.306.00%
20215.9512.88%
20205.27-40.37%
20198.84-30.36%
201812.69256.50%

Invesco High Income 2023 Target Term Fund (IHIT) Average Current Ratio

How has IHIT Current Ratio performed in the past?

The current Current Ratio of Invesco High Income 2023 Target Term Fund (IHIT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

6.99

5-year avg

7.01

10-year avg

7.33

Invesco High Income 2023 Target Term Fund (IHIT) Current Ratio vs. Peers

How is IHIT’s Current Ratio compared to its peers?

Invesco High Income 2023 Target Term Fund’s Current Ratio is greater than Nuveen Corporate Income 2023 Target Term Fund (0.27), greater than Virtus Convertible & Income 2024 Target Term Fund (2.04), greater than MFS Investment Grade Municipal Trust (3.11), greater than Eaton Vance National Municipal Opportunities Trust (0), greater than Invesco High Income 2024 Target Term Fund (0), greater than Nuveen Preferred and Income Fund (2.30), greater than Nuveen California Select Tax-Free Income Portfolio (3.34), greater than Federated Hermes Premier Municipal Income Fund (4.36), greater than BlackRock MuniHoldings New York Quality Fund, Inc. (1.37),

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