VVR Stock Recent News

We review CEF market valuation and performance through the fourth week of January and highlight recent market action. CEFs had another strong week with all but the highest-quality sectors rallying.

The Federal Reserve's interest rate tightening scheme has had a negative effect on most fixed-income securities. Invesco Senior Income Trust invests in floating-rate loans, which should prove more resilient to rising rates than traditional bonds.

One of these 2 high yielders has raised its payouts 4 times so far in 2022, the other one has raised it 2X. They yield 9.97% and 10.66%, and pay monthly.

October had the broader indexes rebounding after their lackluster September. With limited cash to put to work this month after an aggressive September, I was more conservative in buying.

VVR is a fixed income CEF focused on leveraged loans. Leveraged loans are a floating rate asset class that has seen their distributable all-in yields increase as the Fed raised rates.

We review CEF market valuation and performance through the last week of September and highlight recent market action. September was the worst month for CEFs since March of 2020, with a double-digit drop for the broader CEF space.

VVR's latest report shows that net investment income has jumped quite meaningfully year-over-year. That was before the Fed even raised target rates; income going forward should be lifted even higher.

The Invesco Senior Income Trust invests in floating or variable rate senior loans to corporations and is, unlike many competitors, still up over the past year. With data now available for 3/31/22, their portfolio is analyzed based on the data (very limited) that Invesco revels.