Invesco California Value Municipal Income Trust

Invesco California Value Municipal Income Trustverified

VCV

Price:

$10.95

Market Cap:

$524.40M

Invesco California Value 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 (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 California municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations. It employs fundamental analysis with bottom-up security selection approach to create...[Read more]

Industry

Asset Management - Income

IPO Date

1993-06-10

Stock Exchange

NYSE

Ticker

VCV

The ROE as of September 2024 (TTM) for Invesco California Value Municipal Income Trust (VCV) is 22.20%

According to Invesco California Value Municipal Income Trust’s latest financial reports and current stock price. The company's current ROE is 22.20%. This represents a change of 301.05% compared to the average of 5.54% of the last 4 quarters.

Invesco California Value Municipal Income Trust (VCV) Historical ROE (quarterly & annually)

How has VCV ROE performed in the past?

The mean historical ROE of Invesco California Value Municipal Income Trust over the last ten years is 3.19%. The current 22.20% ROE has changed 596.85% with respect to the historical average. Over the past ten years (40 quarters), VCV's ROE was at its highest in in the August 2023 quarter at 9.27%. The ROE was at its lowest in in the May 2022 quarter at -6.76%.

Quarterly (TTM)
Annual

Average

3.19%

Median

3.06%

Minimum

-13.97%

Maximum

12.63%

Invesco California Value Municipal Income Trust (VCV) ROE by Quarter and Year

Discovering the peaks and valleys of Invesco California Value Municipal Income Trust ROE, 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 = 41.92%

Maximum Annual ROE = 12.63%

Minimum Annual Increase = -1058.41%

Minimum Annual ROE = -13.97%

Quarterly (TTM)
Annual
YearROEChange
20248.09%-157.89%
2023-13.97%41.92%
2022-0.03%-105.06%
20210.66%-94.43%
202011.78%261.81%
20193.26%14.10%
20182.85%2.31%
20170.12%-98.17%
20166.47%-48.74%
201512.63%-1058.41%

Invesco California Value Municipal Income Trust (VCV) Average ROE

How has VCV ROE performed in the past?

The current ROE of Invesco California Value Municipal Income Trust (VCV) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-1.97%

5-year avg

1.30%

10-year avg

3.19%

Invesco California Value Municipal Income Trust (VCV) ROE vs. Peers

How is VCV’s ROE compared to its peers?

Invesco California Value Municipal Income Trust’s ROE is less than PIMCO California Municipal Income Fund III (4.58%), less than Invesco Pennsylvania Value Municipal Income Trust (7.94%), less than Nuveen California Quality Municipal Income Fund (6.12%), less than Invesco Advantage Municipal Income Trust II (20.74%), less than BlackRock MuniHoldings California Quality Fund, Inc. (1.73%),

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