Invesco Quality Municipal Income Trust

Invesco Quality Municipal Income Trustverified

IQI

Price:

$10.33

Market Cap:

$546.29M

Invesco Quality Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc., INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc., and Invesco Canada Ltd. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, and municipal commercial paper. It employs fundamental analysis with bottom-up security selection approach to create its portfolio. The fund was previously...[Read more]

Industry

Asset Management - Income

IPO Date

1992-09-22

Stock Exchange

NYSE

Ticker

IQI

The Current Ratio as of September 2024 (TTM) for Invesco Quality Municipal Income Trust (IQI) is 2.06

According to Invesco Quality Municipal Income Trust’s latest financial reports and current stock price. The company's current Current Ratio is 2.06. This represents a change of 35.59% compared to the average of 1.52 of the last 4 quarters.

Invesco Quality Municipal Income Trust (IQI) Historical Current Ratio (quarterly & annually)

How has IQI Current Ratio performed in the past?

The mean historical Current Ratio of Invesco Quality Municipal Income Trust over the last ten years is 4.31. The current 2.06 Current Ratio has changed 4.68% with respect to the historical average. Over the past ten years (40 quarters), IQI's Current Ratio was at its highest in in the February 2017 quarter at 13.13. The Current Ratio was at its lowest in in the May 2022 quarter at 0.62.

Quarterly (TTM)
Annual

Average

4.31

Median

3.24

Minimum

1.33

Maximum

13.13

Invesco Quality Municipal Income Trust (IQI) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Invesco Quality Municipal Income Trust Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 428.98%

Maximum Annual Current Ratio = 13.13

Minimum Annual Increase = -83.13%

Minimum Annual Current Ratio = 1.33

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.0655.23%
20231.33-3.68%
20221.38-83.13%
20218.17428.98%
20201.54-48.96%
20193.02-12.60%
20183.46-73.65%
201713.13223.04%
20164.07-17.40%
20154.9239.24%

Invesco Quality Municipal Income Trust (IQI) Average Current Ratio

How has IQI Current Ratio performed in the past?

The current Current Ratio of Invesco Quality Municipal Income Trust (IQI) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.59

5-year avg

2.90

10-year avg

4.31

Invesco Quality Municipal Income Trust (IQI) Current Ratio vs. Peers

How is IQI’s Current Ratio compared to its peers?

Invesco Quality Municipal Income Trust’s Current Ratio is greater than MFS Municipal Income Trust (0.05), greater than BlackRock MuniYield Fund, Inc. (0.30), less than MFS High Income Municipal Trust (4.29), less than MFS High Yield Municipal Trust (4.15), greater than BlackRock MuniHoldings Fund, Inc. (0.31), greater than DTF Tax-Free Income 2028 Term Fund Inc. (1.46), greater than John Hancock Income Securities Trust (0), less than MFS Investment Grade Municipal Trust (3.11), greater than Virtus Convertible & Income 2024 Target Term Fund (2.04), greater than Eaton Vance National Municipal Opportunities Trust (0), greater than BlackRock MuniVest Fund II, Inc. (0.27), greater than MFS Government Markets Income Trust (0.39), greater than BlackRock MuniVest Fund, Inc. (1.56), greater than BlackRock MuniYield Quality Fund II, Inc. (0.17), greater than BlackRock MuniYield Quality Fund, Inc. (1.03), greater than BlackRock MuniHoldings Quality Fund II, Inc. (0.10),

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