Invesco Senior Income Trust 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 ...
The VVR fund is a senior loan-focused closed-end fund. It pays a 13.1% fully-funded forward yield but only earns 3-5% average annual total returns. This discrepancy suggests the fund may be 'reaching ...