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Invesco Highome Trust II (Invesco Highome Trust II) Effective Interest Rate on Debt %

: 6.51% (As of Aug. 2023)
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Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Invesco Highome Trust II's annualized positive value of Interest Expense for the quarter that ended in Aug. 2023 was $1.99 Mil. Invesco Highome Trust II's average total debt for the quarter that ended in Aug. 2023 was $30.55 Mil. Therefore, Invesco Highome Trust II's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2023 was 6.51%.


Invesco Highome Trust II Effective Interest Rate on Debt % Historical Data

The historical data trend for Invesco Highome Trust II's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Invesco Highome Trust II Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Effective Interest Rate on Debt %
Premium Member Only 3.01 3.14 1.08 1.35 3.63

Invesco Highome Trust II Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Effective Interest Rate on Debt % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.36 1.34 2.34 4.92 6.51

Competitive Comparison

For the Asset Management subindustry, Invesco Highome Trust II's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Invesco Highome Trust II Effective Interest Rate on Debt % Distribution

For the Asset Management industry and Financial Services sector, Invesco Highome Trust II's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Invesco Highome Trust II's Effective Interest Rate on Debt % falls into.



Invesco Highome Trust II Effective Interest Rate on Debt % Calculation

Invesco Highome Trust II's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Feb. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Feb. 2022 )+Total Debt  (A: Feb. 2023 ))/ count )
=-1  *  -1.11/( (30.55+30.55)/ 2 )
=-1  *  -1.11/30.55
=3.63 %

where

Invesco Highome Trust II's annualized Effective Interest Rate on Debt % for the quarter that ended in Aug. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Feb. 2023 )+Total Debt  (Q: Aug. 2023 ))/ count )
=-1  *  -1.99/( (30.55+30.55)/ 2 )
=-1  *  -1.99/30.55
=6.51 %

where

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is two times the semi-annual (Aug. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Invesco Highome Trust II  (NYSE:VLT) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Invesco Highome Trust II Effective Interest Rate on Debt % Related Terms

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Invesco Highome Trust II (Invesco Highome Trust II) Business Description

Traded in Other Exchanges
N/A
Address
1555 Peachtree Street North East, Suite 1800, Atlanta, GA, USA, 30309
Invesco High Income Trust II is a diversified, closed-end management investment company. Its investment objective is to provide high current income, while seeking to preserve shareholders' capital through investment in a professionally managed, diversified portfolio of high-income producing fixed-income securities.
Executives
Glenn Eugene Brightman officer: President & PEO 570 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Stephanie Butcher officer: Senior Vice President 1555 PEACHTREE ST. NE, ATLANTA GA 30309
Tony Wong director, officer: Senior Vice President 1331 SPRING STREET NW, SUITE 2500, ATLANTA GA 30309
Melanie Ringold officer: SVP, CLO and Secretary 1555 PEACHTREE STREE NE, SUITE 1800, ATLANTA GA 30309
Mark William Gregson officer: Chief Accounting Officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Terry Vacheron officer: Chief Financial Officer 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Bordewick James R Jr officer: Senior Officer & SVP C/O BANC OF AMERICA INVESTMENT ADVISORS, 100 FEDERAL STREET, BOSTON MA 02110
Philip Susser other: Portfolio Manager WELLS CAPITAL MANAGEMENT, 525 MARKET STREET, 10TH FLOOR, SAN FRANCISCO CA 94105
Rahim Shad other: Portfolio Manager 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Adrien Deberghes officer: Vice President,PFO & Treasurer 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Niklas Nordenfelt other: Portfolio Manager 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Laura Allison Dukes officer: SMD and CFO 780 JOHNSON FERRY ROAD, SUITE 800, ATLANTA GA 30342
Loren M Starr director
Annette Lege director, officer: CFO & CAO 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Kevin M Carome director