Invesco Senior Income Trust (VVR)

Competitors to Invesco Senior Income Trust (VVR)

BlackRock Core Bond Trust 

BlackRock Core Bond Trust competes with Invesco Senior Income Trust primarily in the realm of fixed income investments, particularly focusing on a diversified portfolio of bonds. BlackRock, as one of the largest asset management firms in the world, offers a wider range of investment products and has a strong reputation for innovation in investment strategies. This scale allows BlackRock to achieve lower costs and broad access to various markets, which can attract investors looking for robust fixed income options. In contrast, Invesco Senior Income Trust has a more niche focus on senior loans, providing it with a specialized investment that may appeal to certain segments of the market looking for yield in a low-interest environment.

Fidelity Senior Floating Rate Fund

Fidelity Senior Floating Rate Fund competes directly with Invesco Senior Income Trust by also offering exposure to senior loans, appealing to investors interested in floating rate instruments that provide potential inflation protection. Fidelity's strong brand and extensive distribution network offer significant advantages over Invesco, particularly with investor trust and accessibility to retail investors. Additionally, Fidelity's risk management and investment insights are often perceived as superior due to its long-standing history in the financial services sector. While both funds aim to provide income through senior loans, Fidelity’s comprehensive resources and market presence position it as a formidable competitor.

Nuveen Credit Strategies Income Fund 

Nuveen Credit Strategies Income Fund and Invesco Senior Income Trust both target income-seeking investors but have different investment approaches. Nuveen focuses on a range of fixed-income securities, including both corporate bonds and senior loans, allowing for greater flexibility and diversification in generating income. This wider investment scope potentially provides better returns in varying market conditions. Conversely, Invesco's strict focus on senior income products may be seen as riskier but can also result in higher yield opportunities, making it attractive in specific market climates. Overall, while they target the same investor base, Nuveen’s broader strategy gives it a competitive edge.