Invesco High Income Trust II
VLT
New York Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Colin D. Meadows
- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 1555 Peachtree Street, N.E. Atlanta GA United States of America 30309
- IPO Date
- Apr 21, 1989
- CIK
- 0000846671
- Website
- invesco.com
- Similar Companies
- Business
- Invesco High Income Trust II (NYSE: VLT) is a closed-end fixed income fund managed by Invesco Advisers, Inc. that seeks high current income and capital preservation for shareholders through a professionally managed, diversified portfolio of primarily below-investment-grade fixed-income securities rated BB/C or equivalent by S&P, Moody's or Fitch; high-yield corporate bonds; senior loans; and other income-producing debt instruments including mortgage- and asset-backed securities. The fund targets an average portfolio duration of three to four years, benchmarks performance against the Bloomberg U.S. Corporate High Yield 2% Issuer Cap Index, and employs approximately 30% leverage to enhance yield potential while diversifying across sectors such as banking, energy, communications, consumer cyclical, and basic industry. It provides monthly distributions to common shareholders and holds around 290 securities with total net assets of approximately $73 million as of late 2025. Founded on April 28, 1989, and headquartered in Atlanta, Georgia, the fund was formerly known as Invesco Van Kampen High Income Trust II and operates within the broader asset management industry under Invesco Ltd., serving retail and institutional investors seeking high-yield income opportunities domiciled in the United States. Portfolio management is led by a team including Darren S. Hughes, Scott Roberts, Andrew M. Geryol, Niklas Nordenfelt, Philip Susser, and Rahim Shad, with co-management support from Invesco affiliates worldwide. In a significant operational change, the Board of Trustees terminated the fund's Managed Distribution Plan, effective March 20, 2025, which had set fixed monthly distributions at an 8.5% annual rate of the August 1, 2018, closing market price per share; this plan previously supplemented net investment income with capital gains or return of capital as needed to maintain consistent payouts. The termination aims to align distributions more closely with actual fund earnings amid evolving market conditions, potentially impacting share price volatility. No major acquisitions, partnerships, funding rounds, or new product launches were reported in the last 1-2 years, with recent focus on portfolio management amid high-yield market dynamics.