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Invesco High Income Trust II (VLT)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Invesco High Income Trust II (VLT)

Equity · Currency in USD · Last updated Nov 14, 2024

Company Info

ISINUS46131F1012
CUSIP46131F101
SectorFinancial Services
IndustryAsset Management
IPO DateJun 30, 1989

Highlights

Market Cap$73.62M
EPS (TTM)$1.36
PE Ratio8.33
Total Revenue (TTM)$7.49M
Gross Profit (TTM)$6.56M
EBITDA (TTM)$6.47M
Year Range$8.91 - $11.53
Target Price$9.00
Short %0.38%
Short Ratio0.99

Share Price Chart

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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Popular comparisons: VLT vs. VVR, VLT vs. VPV, VLT vs. PHD, VLT vs. JEPQ, VLT vs. VOO, VLT vs. SPHY, VLT vs. SPYG, VLT vs. IDVO, VLT vs. SPHIX, VLT vs. QQQM

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Invesco High Income Trust II, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
10.36%
12.76%
VLT (Invesco High Income Trust II)
Benchmark (^GSPC)

Returns By Period

Invesco High Income Trust II had a return of 18.31% year-to-date (YTD) and 25.58% in the last 12 months. Over the past 10 years, Invesco High Income Trust II had an annualized return of 5.84%, while the S&P 500 had an annualized return of 11.39%, indicating that Invesco High Income Trust II did not perform as well as the benchmark.

PeriodReturnBenchmark
Year-To-Date18.31%25.48%
1 month-0.12%2.14%
6 months10.36%12.76%
1 year25.58%33.14%
5 years (annualized)5.03%13.96%
10 years (annualized)5.84%11.39%

Monthly Returns

The table below presents the monthly returns of VLT, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20241.60%2.08%2.34%-1.89%1.68%1.48%4.14%5.86%1.52%-1.29%18.31%
20238.26%-0.13%-2.80%1.86%-2.97%4.01%1.40%-0.63%-3.43%-3.93%7.45%4.25%13.12%
2022-3.33%-7.22%-2.00%-5.62%-0.01%-7.97%10.46%-2.70%-10.71%4.01%7.76%-3.60%-20.85%
20211.31%-0.11%3.37%1.42%2.56%5.27%0.96%1.51%-2.75%0.94%-2.10%1.53%14.54%
20200.78%-4.73%-20.18%1.99%8.88%3.09%4.87%2.95%-2.72%-0.54%12.00%1.76%4.46%
201911.01%3.97%1.24%2.91%-2.23%2.58%0.53%-0.92%1.09%1.80%-0.65%0.62%23.60%
2018-1.81%-1.49%-0.76%-0.12%-1.09%0.27%1.45%1.06%1.00%-1.04%-1.83%-3.79%-7.97%
20172.18%1.94%-0.95%2.32%1.33%1.45%1.85%-0.37%1.43%-0.51%-1.24%0.85%10.68%
2016-1.45%1.21%5.79%4.62%1.60%-0.11%3.23%4.72%0.24%-1.49%-1.01%1.97%20.70%
20150.23%3.05%-0.43%0.69%-0.70%-3.32%-1.40%-3.60%-3.25%7.76%-4.15%-1.04%-6.55%
20141.44%3.52%-0.12%2.67%1.13%1.90%-3.75%1.24%-4.94%1.59%-1.89%-1.19%1.23%
20135.02%0.98%1.92%0.53%-4.60%-7.55%0.69%0.74%0.93%2.70%-1.57%2.03%1.20%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of VLT is 94, placing it in the top 6% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of VLT is 9494
Combined Rank
The Sharpe Ratio Rank of VLT is 9797Sharpe Ratio Rank
The Sortino Ratio Rank of VLT is 9696Sortino Ratio Rank
The Omega Ratio Rank of VLT is 9696Omega Ratio Rank
The Calmar Ratio Rank of VLT is 8282Calmar Ratio Rank
The Martin Ratio Rank of VLT is 9898Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Invesco High Income Trust II (VLT) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.

VLT
Sharpe ratio
The chart of Sharpe ratio for VLT, currently valued at 3.10, compared to the broader market-4.00-2.000.002.004.003.10
Sortino ratio
The chart of Sortino ratio for VLT, currently valued at 4.31, compared to the broader market-4.00-2.000.002.004.006.004.31
Omega ratio
The chart of Omega ratio for VLT, currently valued at 1.60, compared to the broader market0.501.001.502.001.60
Calmar ratio
The chart of Calmar ratio for VLT, currently valued at 1.50, compared to the broader market0.002.004.006.001.50
Martin ratio
The chart of Martin ratio for VLT, currently valued at 24.75, compared to the broader market0.0010.0020.0030.0024.75
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.91, compared to the broader market-4.00-2.000.002.004.002.91
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.88, compared to the broader market-4.00-2.000.002.004.006.003.88
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.55, compared to the broader market0.501.001.502.001.55
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 4.20, compared to the broader market0.002.004.006.004.20
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 18.80, compared to the broader market0.0010.0020.0030.0018.80

Sharpe Ratio

The current Invesco High Income Trust II Sharpe ratio is 3.10. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Invesco High Income Trust II with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.502.002.503.003.504.00JuneJulyAugustSeptemberOctoberNovember
3.10
2.91
VLT (Invesco High Income Trust II)
Benchmark (^GSPC)

Dividends

Dividend History

Invesco High Income Trust II provided a 9.40% dividend yield over the last twelve months, with an annual payout of $1.06 per share. The company has been increasing its dividends for 6 consecutive years.

7.00%8.00%9.00%10.00%11.00%$0.00$0.20$0.40$0.60$0.80$1.00$1.20$1.4020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$1.06$1.15$1.15$1.15$1.15$1.15$1.06$1.03$1.15$1.25$1.31$1.39

Dividend yield

9.40%11.09%11.23%8.02%8.48%8.07%8.43%7.00%8.08%9.74%8.69%8.62%

Monthly Dividends

The table displays the monthly dividend distributions for Invesco High Income Trust II. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.00$0.96
2023$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$1.15
2022$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$1.15
2021$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$1.15
2020$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$1.15
2019$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$0.10$1.15
2018$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.10$0.10$0.10$0.10$1.06
2017$0.09$0.09$0.09$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$0.08$1.03
2016$0.10$0.10$0.10$0.10$0.10$0.10$0.09$0.09$0.09$0.09$0.09$0.09$1.15
2015$0.10$0.10$0.11$0.11$0.11$0.11$0.10$0.10$0.10$0.10$0.10$0.10$1.25
2014$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$1.31
2013$0.12$0.12$0.12$0.12$0.12$0.12$0.12$0.12$0.12$0.12$0.12$0.11$1.39

Dividend Yield & Payout

Dividend Yield
5.0%10.0%15.0%9.4%
Invesco High Income Trust II has a dividend yield of 9.40%, which means its dividend payment is significantly above the market average.
Payout Ratio
200.0%400.0%600.0%85.1%
Invesco High Income Trust II has a payout ratio of 85.06%, which is above the market average. This might signify the company's strong earnings or financial health. However, it could also hint at a more mature business phase with potentially slower growth.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.19%
-0.27%
VLT (Invesco High Income Trust II)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Invesco High Income Trust II. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Invesco High Income Trust II was 69.60%, occurring on Nov 21, 2008. Recovery took 321 trading sessions.

The current Invesco High Income Trust II drawdown is 2.19%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-69.6%Aug 2, 2005835Nov 21, 2008321Mar 5, 20101156
-49.39%Oct 6, 1989245Sep 25, 1990325Jan 8, 1992570
-42.02%Jan 21, 202044Mar 23, 2020176Dec 1, 2020220
-38.4%May 23, 200244Jul 25, 2002339Nov 26, 2003383
-33.5%Mar 10, 1998455Dec 30, 1999588May 7, 20021043

Volatility

Volatility Chart

The current Invesco High Income Trust II volatility is 2.10%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
2.10%
3.75%
VLT (Invesco High Income Trust II)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of Invesco High Income Trust II over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Annual
Quarterly
0.0

Valuation

The Valuation section provides an assessment of the market value of Invesco High Income Trust II compared to its peers in the Asset Management industry.

PE Ratio
100.0200.0300.0400.0500.08.3
The chart displays the price to earnings (P/E) ratio for VLT in comparison to other companies of the Asset Management industry. Currently, VLT has a PE value of 8.3. This PE ratio falls in the average range for the industry.
PEG Ratio
-4.0-2.00.02.04.00.0
The chart displays the price to earnings to growth (PEG) ratio for VLT in comparison to other companies of the Asset Management industry. Currently, VLT has a PEG value of 0.0. This PEG ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.

Historical P/E Ratio Chart

The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Invesco High Income Trust II.

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Income Statement

Income Statement
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Values in undefined except per share items