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Trending ETFs

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$10.90

$71.2 M

10.07%

$1.10

1.55%

Vitals

YTD Return

0.9%

1 yr return

8.0%

3 Yr Avg Return

8.7%

5 Yr Avg Return

3.2%

Net Assets

$71.2 M

Holdings in Top 10

17.3%

52 WEEK LOW AND HIGH

$10.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.55%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 89.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Closed-end mutual fund


Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$10.90

$71.2 M

10.07%

$1.10

1.55%

VLT - Profile

Distributions

  • YTD Total Return 0.9%
  • 3 Yr Annualized Total Return 8.7%
  • 5 Yr Annualized Total Return 3.2%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.92%
DIVIDENDS
  • Dividend Yield 10.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Invesco High Income Trust II
  • Fund Family Name
    Invesco Advisers, Inc
  • Inception Date
    Jul 16, 2007
  • Shares Outstanding
    6498037
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Niklas Nordenfelt

Fund Description


VLT - Performance

Return Ranking - Trailing

Period VLT Return Category Return Low Category Return High Rank in Category (%)
YTD 0.9% -5.0% 8.8% 67.34%
1 Yr 8.0% -1.4% 24.8% 19.46%
3 Yr 8.7%* -0.8% 19.7% 34.75%
5 Yr 3.2%* -3.9% 14.4% 74.69%
10 Yr 5.0%* 1.0% 20.8% 48.66%

* Annualized

Return Ranking - Calendar

Period VLT Return Category Return Low Category Return High Rank in Category (%)
2025 -2.0% -9.4% 9.7% 94.08%
2024 -2.2% -25.4% 11.8% 94.08%
2023 0.9% -4.7% 12.2% 95.25%
2022 -21.4% -33.4% 3.6% 94.85%
2021 -2.4% -8.4% 9.8% 90.51%

Total Return Ranking - Trailing

Period VLT Return Category Return Low Category Return High Rank in Category (%)
YTD 0.9% -5.0% 8.8% 67.34%
1 Yr 8.0% -1.4% 24.8% 19.46%
3 Yr 8.7%* -0.8% 19.7% 34.75%
5 Yr 3.2%* -3.9% 14.4% 74.69%
10 Yr 5.0%* 1.0% 20.8% 48.66%

* Annualized

Total Return Ranking - Calendar

Period VLT Return Category Return Low Category Return High Rank in Category (%)
2025 8.6% -2.1% 18.7% 49.24%
2024 8.1% -12.7% 18.9% 49.75%
2023 11.6% 3.5% 23.2% 67.63%
2022 -13.8% -29.1% 47.8% 90.39%
2021 5.5% -2.8% 16.2% 43.76%

NAV & Total Return History


VLT - Holdings

Concentration Analysis

VLT Category Low Category High VLT % Rank
Net Assets 71.2 M 3.13 M 31.3 B 93.57%
Number of Holdings 197 2 7288 80.68%
Net Assets in Top 10 14.2 M -492 M 6.47 B 89.91%
Weighting of Top 10 17.27% 4.3% 144.4% 29.91%

Top 10 Holdings

  1. Aethon United Br Lp / Aethon United Finance Corporation 8.25% 2.17%
  2. AAdvantage Loyalty IP Ltd/ American Airlines Inc 5.5% 2.15%
  3. Camelot Finance SA 4.5% 2.09%
  4. CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.5% 1.92%
  5. ALTICE FRANCE S.A 7.38% 1.91%
  6. Macy's, Inc. 8.38% 1.67%
  7. DISH DBS Corporation 5.88% 1.66%
  8. Occidental Petroleum Corporation 6.125% 1.64%
  9. Waste Pro USA Inc 5.5% 1.60%
  10. Callon Petroleum Company 8% 1.54%

Asset Allocation

Weighting Return Low Return High VLT % Rank
Bonds
129.94% 0.00% 145.36% 1.52%
Convertible Bonds
2.76% 0.00% 17.89% 12.14%
Stocks
0.00% 0.00% 99.76% 89.51%
Preferred Stocks
0.00% 0.00% 4.59% 74.87%
Other
0.00% -39.08% 96.21% 64.62%
Cash
-32.70% -52.00% 48.62% 99.15%

Bond Sector Breakdown

Weighting Return Low Return High VLT % Rank
Corporate
96.54% 0.00% 100.00% 32.71%
Cash & Equivalents
3.16% 0.00% 48.62% 52.82%
Derivative
0.30% -20.24% 42.26% 11.79%
Securitized
0.00% 0.00% 97.24% 73.29%
Municipal
0.00% 0.00% 1.17% 52.23%
Government
0.00% 0.00% 99.07% 66.61%

Bond Geographic Breakdown

Weighting Return Low Return High VLT % Rank
US
120.19% 0.00% 126.57% 0.51%
Non US
9.75% 0.00% 60.71% 13.85%

VLT - Expenses

Operational Fees

VLT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.55% 0.04% 25.46% 20.85%
Management Fee 0.70% 0.00% 1.75% 84.92%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

VLT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

VLT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

VLT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 89.00% 1.00% 255.00% 82.61%

VLT - Distributions

Dividend Yield Analysis

VLT Category Low Category High VLT % Rank
Dividend Yield 10.07% 0.00% 11.76% 93.92%

Dividend Distribution Analysis

VLT Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

VLT Category Low Category High VLT % Rank
Net Income Ratio 4.92% -2.39% 9.30% 25.30%

Capital Gain Distribution Analysis

VLT Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

VLT - Fund Manager Analysis

Managers

Niklas Nordenfelt


Start Date

Tenure

Tenure Rank

Dec 31, 2020

1.41

1.4%

Mr. Nordenfelt joined Invesco in 2020. Prior to joining the firm, he was a managing director, senior portfolio manager, and co-head of US high yield at Wells Fargo Asset Management. Before that, Mr. Nordenfelt was a principal and investment strategist at Barclays Global Investors. Prior to that, he was a quantitative analyst at Fidelity Management Trust Co. and, before that, a portfolio manager at Mellon Capital Management. Mr. Nordenfelt earned a BA degree in economics from the University of California, Berkeley. He is a Chartered Financial Analyst (CFA) charterholder.

Rahim Shad


Start Date

Tenure

Tenure Rank

Jun 01, 2021

1.0

1.0%

Rahim Shad is a Portfolio Manager for the Invesco Fixed Income High Yield team. Mr. Shad joined Invesco in 2009 as a fixed income research generalist. He joined the high yield team as a research analyst in 2010. Mr. Shad began his career in 2000 as a technology analyst for AIM Investments (the US retail predecessor to Invesco). Mr. Shad earned a BBA degree and an MS in finance from the University of Houston.

Philip Susser


Start Date

Tenure

Tenure Rank

Jul 30, 2021

0.84

0.8%

Philip Susser is managing director, senior portfolio manager and co-head for the Wells Fargo Asset Management (WFAM) U.S. High Yield Fixed team. Phil joined the U.S. High Yield Fixed Income team as a senior research analyst in 2001. He has extensive research experience in the cable/satellite, gaming, hotels, restaurants, printing/publishing, telecom, REIT, lodging and distressed sectors. Phil’s investment experience began in 1995 spending three years as a securities lawyer at Cahill Gordon and Shearman & Sterling representing underwriters and issuers of high yield debt. Later, Phil evaluated venture investment opportunities for MediaOne Ventures before joining Deutsche Bank as a research analyst. He graduated summa cum laude from the University of Pennsylvania with a bachelor’s degree in economics, graduated cum laude with a law degree from the University of Michigan Law School, and was a Benjamin Franklin Scholar.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.13 37.79 7.49 4.25