VVR: Bleeding Likely To Continue Throughout 2026 (Rating Downgrade)

Invesco Senior Income Trust (VVR) is downgraded to a sell as NAV erosion accelerates and dividend sustainability is in doubt. VVR trades at a 9.12% discount to NAV, reflecting persistent under-earning, high payout ratios, and credit quality concerns. The fund's floating rate debt strategy is challenged by declining interest rates, limiting earnings potential and increasing risk of further payout cuts.

Seeking Alpha • Dec 8, 2025

Invesco Closed-End Funds Declare Dividends

ATLANTA, Dec. 1, 2025 /PRNewswire/ -- The Board of Trustees of each of the Invesco closed-end funds listed below declared dividends.

PRNewsWire • Dec 1, 2025

The Chemist's Triple-Factor Closed-End Fund Report, October 2025

The Triple-Factor CEF Report screens over 400 funds for high yield (>6.5%), strong coverage (>90%), and discount to NAV, balancing yield, sustainability, and value. Top lists include funds with widest discounts, best z-scores, highest yields, and best combined metrics, offering potential for price appreciation and enhanced yields. Explore top lists for further research; these shortlists are not final buy/sell recommendations. Always verify coverage ratios with official fund documents.

Seeking Alpha • Oct 25, 2025

VVR: Deeply Unloved And A High Discount To NAV

Invesco Senior Income Trust now trades at a historically typical discount to NAV, reflecting a shift in sentiment for leveraged loan CEFs. With Fed rate cuts and SOFR futures pricing further declines, VVR's yield is set to decrease, pressuring its current distribution. VVR's 13.3% distribution is unsustainable; a realistic forward yield is closer to 10% as ROC usage rises and rates fall.

Seeking Alpha • Sep 27, 2025

VVR: Distributions May Be Reduced When Rates Are Cut

Invesco Senior Income Trust offers high income via floating rate loans, but recent performance has lagged, with NAV and share price declining, despite elevated interest rates. The fund's aggressive leverage and heavy allocation to below-investment-grade debt increase risk, especially if defaults rise or rates stay high. Dividend sustainability is at risk if interest rates fall, as net investment income could decline, potentially leading to payout cuts.

Seeking Alpha • Aug 14, 2025

Need $5,000 in Passive Income and Spooked By Stocks? Invest $10,000 in these 4 Funds

Although the US stock market is the largest in the world, with a market capitalization of roughly $49 trillion, the US bond market is larger, clocking in at $51 trillion.

24/7 Wall Street • Aug 11, 2025

VVR: Yields Higher For Longer, But Not Forever

VVR offers a high 12% yield, but there's reason to think it may not remain this high over a very long period. The portfolio consists mostly of senior secured floating-rate loans to below-investment grade borrowers, adding credit risk. Diversification and leverage support the yield, but dividend history is mixed, and future rate cuts could pressure income.

Seeking Alpha • Jun 3, 2025

CEF Weekly Review: Fixed Distribution Policies Can Get Unfixed

We review the CEF market valuation and performance through the third week of March and highlight recent market action. Nearly all CEF sectors were up, with MLPs rebounding and loan funds lagging; month-to-date, most sectors remain down due to lower equity prices and wider credit spreads. Invesco credit CEFs VLT and VVR cancelled their fixed managed distribution policies with VVR price falling hard on the news.

Seeking Alpha • Mar 29, 2025

VVR: When Others Panic, We Buy, 12% Yield (Rating Upgrade)

On March 21, 2025, Invesco Senior Income Trust dropped -12.3% due to the termination of its managed distribution plan, marking a historic move. Lower Fed funds rates have reduced VVR's cash income, necessitating a cut in distributions to maintain long-term sustainability and avoid NAV-destructive ROC. VVR's price collapsed from a +7% premium to a -6% discount to NAV, highlighting the importance of avoiding CEFs trading at historic premiums.

Seeking Alpha • Mar 24, 2025

Invesco Closed-End Funds Announce Unchanged Distribution Rates for Invesco Senior Income Trust (NYSE: VVR) and Invesco High Income Trust II (NYSE: VLT) and Declare Dividends

ATLANTA , March 24, 2025 /PRNewswire/ -- The Board of Trustees authorized several Invesco closed-end funds to declare dividends.  Last week, Invesco Advisors, Inc., a subsidiary of Invesco Ltd.

PRNewsWire • Mar 24, 2025