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IHIT / IHIT: Disappointing Performance (Rating Downgrade)

IHIT: Disappointing Performance (Rating Downgrade)
The Invesco High Income 2023 Target Term Fund is a closed-end fund that invests in commercial mortgage-backed securities. The CMBS market is facing a debt maturity wall, with the current interest rate environment making it difficult for borrowers to refinance. IHIT has a term structure that means it will have to liquidate its portfolio by December 2023, even if the underlying assets are underwater. Read More
Posted: Aug 8 2023, 23:11
Author Name: Seeking Alpha
Views: 102168

IHIT News  

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IHIT: Disappointing Performance (Rating Downgrade)

By Seeking Alpha
August 8, 2023

IHIT: Disappointing Performance (Rating Downgrade)

The Invesco High Income 2023 Target Term Fund is a closed-end fund that invests in commercial mortgage-backed securities. The CMBS market is facing a more_horizontal

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