Invesco Quality Municipal Income Trust

Invesco Quality Municipal Income Trustverified

IQI

Price:

$10.435

Market Cap:

$551.84M

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 PE Ratio as of September 2024 (TTM) for Invesco Quality Municipal Income Trust (IQI) is 12.42

According to Invesco Quality Municipal Income Trust’s latest financial reports and current stock price. The company's current PE Ratio is 12.42. This represents a change of -12.46% compared to the average of 14.19 of the last 4 quarters.

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

How has IQI PE Ratio performed in the past?

The mean historical PE Ratio of Invesco Quality Municipal Income Trust over the last ten years is 22.04. The current 12.42 PE Ratio has changed 5.53% with respect to the historical average. Over the past ten years (40 quarters), IQI's PE Ratio was at its highest in in the May 2015 quarter at 315.34. The PE Ratio was at its lowest in in the November 2022 quarter at -30.95.

Quarterly (TTM)
Annual

Average

22.04

Median

13.22

Minimum

-137.54

Maximum

150.45

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

Discovering the peaks and valleys of Invesco Quality Municipal Income Trust PE 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 = 1.89%

Maximum Annual PE Ratio = 150.45

Minimum Annual Increase = -298.55%

Minimum Annual PE Ratio = -137.54

Quarterly (TTM)
Annual
YearPE RatioChange
202411.32-298.55%
2023-5.70-95.85%
2022-137.54-191.42%
2021150.451.89%
20207.55-71.04%
201926.079.21%
201823.87-80.47%
2017122.17708.15%
201615.12111.54%
20157.15-128.49%

Invesco Quality Municipal Income Trust (IQI) Average PE Ratio

How has IQI PE Ratio performed in the past?

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

3-year avg

-43.97

5-year avg

5.22

10-year avg

22.04

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

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

Invesco Quality Municipal Income Trust’s PE Ratio is less than MFS Municipal Income Trust (22.46), greater than BlackRock MuniYield Fund, Inc. (-7200.07), less than MFS High Income Municipal Trust (14.37), less than MFS High Yield Municipal Trust (16.34), greater than BlackRock MuniHoldings Fund, Inc. (-1020.56), less than DTF Tax-Free Income 2028 Term Fund Inc. (258.56), less than John Hancock Income Securities Trust (22.16), less than MFS Investment Grade Municipal Trust (28.45), greater than Virtus Convertible & Income 2024 Target Term Fund (0), greater than Eaton Vance National Municipal Opportunities Trust (9.04), less than BlackRock MuniVest Fund II, Inc. (1.44K), less than MFS Government Markets Income Trust (206.03), less than BlackRock MuniVest Fund, Inc. (22.73), greater than BlackRock MuniYield Quality Fund II, Inc. (-653.44), greater than BlackRock MuniYield Quality Fund, Inc. (-3034.63), less than BlackRock MuniHoldings Quality Fund II, Inc. (23.27),

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