Invesco Advantage Municipal Income Trust II

Invesco Advantage Municipal Income Trust IIverified

VKI

Price:

$8.94

Market Cap:

$396.99M

Invesco Advantage Municipal Income Trust II is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc. 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, municipal commercial paper, and lease obligations. It employs fundamental analysis with a bottom-up security selection approach to create its portfolio...[Read more]

Industry

Asset Management - Income

IPO Date

1993-10-14

Stock Exchange

NYSE

Ticker

VKI

The PE Ratio as of November 2024 (TTM) for Invesco Advantage Municipal Income Trust II (VKI) is 10.40

According to Invesco Advantage Municipal Income Trust II’s latest financial reports and current stock price. The company's current PE Ratio is 10.40. This represents a change of 167.54% compared to the average of 3.89 of the last 4 quarters.

Invesco Advantage Municipal Income Trust II (VKI) Historical PE Ratio (quarterly & annually)

How has VKI PE Ratio performed in the past?

The mean historical PE Ratio of Invesco Advantage Municipal Income Trust II over the last ten years is 20.94. The current 10.40 PE Ratio has changed 4.87% with respect to the historical average. Over the past ten years (40 quarters), VKI's PE Ratio was at its highest in in the May 2015 quarter at 947.72. The PE Ratio was at its lowest in in the November 2017 quarter at -34.22.

Quarterly (TTM)
Annual

Average

20.94

Median

14.09

Minimum

-194.61

Maximum

226.20

Invesco Advantage Municipal Income Trust II (VKI) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Invesco Advantage Municipal Income Trust II 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 = 1.23%

Maximum Annual PE Ratio = 226.20

Minimum Annual Increase = -328.92%

Minimum Annual PE Ratio = -194.61

Quarterly (TTM)
Annual
YearPE RatioChange
202411.12-287.11%
2023-5.94-96.95%
2022-194.61-328.92%
202185.01995.70%
20207.76-74.50%
201930.4323.28%
201824.68-89.09%
2017226.201.23%
201617.07121.40%
20157.71-118.82%

Invesco Advantage Municipal Income Trust II (VKI) Average PE Ratio

How has VKI PE Ratio performed in the past?

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

3-year avg

-63.14

5-year avg

-19.33

10-year avg

20.94

Invesco Advantage Municipal Income Trust II (VKI) PE Ratio vs. Peers

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

Invesco Advantage Municipal Income Trust II’s PE Ratio is greater than Invesco Quality Municipal Income Trust (8.76), greater than Invesco California Value Municipal Income Trust (5.02), less than DWS Municipal Income Trust (27.36), greater than Invesco Trust for Investment Grade Municipals (8.83), greater than Invesco Municipal Trust (5.04), greater than Invesco Municipal Opportunity Trust (5.01), greater than Invesco Municipal Income Opportunities Trust (3.83), greater than MFS Municipal Income Trust (-43.91), less than MFS High Income Municipal Trust (19.76), greater than BlackRock MuniYield Fund, Inc. (-93.16), greater than BlackRock MuniHoldings Fund, Inc. (-52.08), less than MFS High Yield Municipal Trust (24.91), less than MFS Investment Grade Municipal Trust (44.38), greater than DTF Tax-Free Income 2028 Term Fund Inc. (-69.07), greater than MFS Government Markets Income Trust (-188.47),

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