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 ROE as of November 2024 (TTM) for Invesco Advantage Municipal Income Trust II (VKI) is 12.62%

According to Invesco Advantage Municipal Income Trust II’s latest financial reports and current stock price. The company's current ROE is 12.62%. This represents a change of 49.51% compared to the average of 8.44% of the last 4 quarters.

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

How has VKI ROE performed in the past?

The mean historical ROE of Invesco Advantage Municipal Income Trust II over the last ten years is 2.95%. The current 12.62% ROE has changed 328.57% with respect to the historical average. Over the past ten years (40 quarters), VKI's ROE was at its highest in in the August 2023 quarter at 10.61%. The ROE was at its lowest in in the May 2022 quarter at -6.54%.

Quarterly (TTM)
Annual

Average

2.95%

Median

3.36%

Minimum

-15.16%

Maximum

11.97%

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

Discovering the peaks and valleys of Invesco Advantage Municipal Income Trust II 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 = 2.95%

Maximum Annual ROE = 11.97%

Minimum Annual Increase = -640.43%

Minimum Annual ROE = -15.16%

Quarterly (TTM)
Annual
YearROEChange
20247.78%-151.31%
2023-15.16%2.95%
2022-0.50%-143.92%
20211.13%-90.25%
202011.60%284.93%
20193.01%-18.55%
20183.70%861.36%
20170.38%-93.04%
20165.53%-53.80%
201511.97%-640.43%

Invesco Advantage Municipal Income Trust II (VKI) Average ROE

How has VKI ROE performed in the past?

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

3-year avg

-2.63%

5-year avg

0.97%

10-year avg

2.95%

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

How is VKI’s ROE compared to its peers?

Invesco Advantage Municipal Income Trust II’s ROE is less than Invesco Quality Municipal Income Trust (10.37%), less than Invesco California Value Municipal Income Trust (18.35%), less than DWS Municipal Income Trust (3.59%), less than Invesco Trust for Investment Grade Municipals (10.22%), less than Invesco Municipal Trust (18.14%), less than Invesco Municipal Opportunity Trust (18.03%), less than Invesco Municipal Income Opportunities Trust (26.63%), greater than MFS Municipal Income Trust (-2.26%), less than MFS High Income Municipal Trust (4.73%), greater than BlackRock MuniYield Fund, Inc. (-0.96%), greater than BlackRock MuniHoldings Fund, Inc. (-1.67%), less than MFS High Yield Municipal Trust (3.86%), less than MFS Investment Grade Municipal Trust (2.17%), greater than DTF Tax-Free Income 2028 Term Fund Inc. (-1.35%), greater than MFS Government Markets Income Trust (-0.50%),

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