Invesco Value Municipal Income Closed Fund

IIM · NYSE · Financial Services / Asset Management

10.98USD-0.08 (-0.72%)

Price History

Full chart

Market Stats

Previous Close11.06

Open11.02

Day Range10.92 – 11.02

52-Week Range10.51 – 12.83

Volume206.56K

Market Cap518.12M

P/E (TTM)27.50

Forward P/E0.00

EPS0.40

Dividend Yield8.41%

Beta0.77

50-Day Avg12.41

200-Day Avg12.46

About

Invesco 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 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 its portfolio. The fund was previously known as Invesco Insured Municipal Income Trust. Invesco Value Municipal Income Trust was formed on February 26, 1993 and is domiciled in the United States.

Company Details

SectorFinancial Services
IndustryAsset Management
CEOMr. Russell C. Burk
Employees0
Headquarters1331 Spring Street, North West, Atlanta, GA, United States, 30309, USA
Websitehttps://www.invesco.com/portal/site/us/investors/c

Leadership

Mr. Russell C. BurkSenior Vice President and Senior Officer · b. 1958
Mr. Robert J. Stryker CFAPortfolio Manager
Mr. James D. PhillipsPortfolio Manager
Mr. Julius D. WilliamsPortfolio Manager
Mr. Mark E. ParisPortfolio Manager
Mr. John ConnellyPortfolio Manager
Mr. Tim O'ReillyPortfolio Manager

Financials

Income Statement

Currency: USD	2007-02-28	2008-02-29	2009-02-28	2013-02-28	2014-02-28	2015-02-28	2016-02-29	2017-02-28	2018-02-28	2019-02-28	2020-02-29	2021-02-28	2022-02-28	2023-02-28	2024-02-29	2025-02-28	2026-02-28
Total Revenue	31.72M	24.25M	25.65M	30.89M	47.49M	47.53M	50.18M	50.03M	29.57M	29.29M	102.65M	4.82M	-3.60M	-87.47M	44.60M	44.15M	37.96M
Growth (%)	-	-23.55%	+5.77%	+20.39%	+53.76%	+0.09%	+5.58%	-0.30%	-40.89%	-0.97%	+250.51%	-95.30%	-174.57%	-2331.57%	+150.98%	-0.99%	-14.04%
Cost of Revenue	1.53M	1.51M	1.43M	-	-	0	10.22M	12.91M	15.55M	18.09M	18.40M	-43.49M	11.25M	-133.03M	16.71M	13.06M	5.13M
Gross Profit	30.19M	22.75M	24.22M	30.89M	47.49M	47.53M	39.96M	37.12M	14.03M	11.20M	84.26M	48.31M	-14.85M	45.55M	44.60M	44.15M	32.83M
Gross Margin	95.17%	93.79%	94.43%	100.00%	100.00%	100.00%	79.63%	74.20%	47.43%	38.24%	82.08%	1001.43%	412.68%	-52.08%	100.00%	100.00%	86.49%
Operating Expense	1.00M	926.57K	856.97K	2.86M	3.48M	3.93M	-3.66M	-5.88M	-22.05M	-32.18M	41.54M	7.14M	-54.40M	6.12M	5.56M	5.67M	2.32M
Operating Income	29.19M	21.82M	23.37M	28.03M	44.01M	43.60M	43.62M	43.01M	36.08M	43.37M	42.72M	41.17M	39.55M	39.44M	39.03M	38.49M	30.51M
Operating Margin	92.01%	89.97%	91.09%	90.74%	92.68%	91.74%	86.92%	85.96%	121.99%	148.11%	41.61%	853.38%	-1099.52%	-45.08%	87.52%	87.16%	80.38%
EBITDA	-	-	-	40.99M	44.01M	43.60M	43.62M	43.01M	44.44M	28.67M	42.72M	10.34M	39.55M	149.16M	39.03M	38.49M	30.51M
EBITDA Margin	-	-	-	132.71%	92.68%	91.74%	86.92%	85.96%	150.28%	97.89%	41.61%	214.42%	-1099.52%	-170.52%	87.52%	87.16%	80.38%
Net Income	28.94M	10.74M	-33.41M	38.82M	-16.58M	91.67M	46.84M	-397.81K	29.05M	28.67M	102.09M	4.44M	-3.91M	-87.85M	46.32M	21.42M	18.62M
Net Income Margin	91.23%	44.28%	-130.22%	125.68%	-34.91%	192.85%	93.34%	-0.80%	98.22%	97.89%	99.45%	92.03%	108.62%	100.43%	103.88%	48.51%	49.04%
Interest Expense	0	0	0	2.11M	3.52M	2.99M	6.67M	5.91M	8.37M	10.97M	11.13M	5.90M	4.10M	10.39M	14.12M	13.06M	11.89M
Interest Expense % of Total Revenue	0.00%	0.00%	0.00%	6.83%	7.41%	6.30%	13.29%	11.81%	28.29%	37.45%	10.85%	122.39%	-113.98%	-11.88%	31.67%	29.57%	31.34%

Balance Sheet

Currency: USD	2007-02-28	2008-02-29	2009-02-28	2011-02-28	2013-02-28	2014-02-28	2015-02-28	2016-02-29	2017-02-28	2018-02-28	2019-02-28	2020-02-29	2021-02-28	2022-02-28	2023-02-28	2024-02-29	2025-02-28	2026-02-28
Total Assets	508.91M	509.23M	429.77M	-	1.13B	1.07B	1.19B	1.20B	1.18B	1.22B	1.21B	1.30B	1.24B	1.21B	980.35M	956.19M	909.67M	907.61M
Total Liabilities	15.05M	34.00M	56.71M	-	337.93M	339.03M	413.51M	416.80M	428.00M	481.22M	473.78M	492.96M	464.28M	469.81M	362.30M	317.58M	289.31M	311.98M
Total Equity	493.86M	475.23M	373.06M	-	788.58M	729.67M	779.33M	786.79M	749.41M	743.44M	737.83M	806.85M	777.69M	737.84M	618.05M	638.60M	620.36M	595.63M
Cash	123.63K	-	-	-	-	-	-	-	-	-	486.63K	486.63K	3.47M	-	-	18.34M	-	-
Total Debt	-	-	-	-	337.30M	335.63M	412.85M	413.55M	426.74M	480.41M	469.22M	485.46M	462.11M	459.43M	115.20M	310.54M	86.90M	303.68M
Net Debt	-	-	-	-	337.30M	335.63M	412.85M	413.55M	426.74M	247.38M	236.15M	251.91M	225.56M	225.01M	115.20M	328.88M	86.90M	303.68M

Cash Flow

Currency: USD	2007-02-28	2008-02-29	2009-02-28	2013-02-28	2014-02-28	2015-02-28	2016-02-29	2017-02-28	2018-02-28	2019-02-28	2020-02-29	2021-02-28	2022-02-28	2023-02-28	2024-02-29	2025-02-28	2026-02-28
Operating Cash Flow	24.25M	5.01M	42.47M	22.05M	44.03M	-35.08M	38.75M	23.71M	-18.69M	42.73M	20.11M	59.94M	35.12M	140.68M	65.94M	62.91M	20.34M
Investing Cash Flow	-	-	-	-	-	-	-	-	-65.03M	16.70M	-21.02M	27.97M	15.39M	140.85M	42.19M	45.91M	41.98M
Financing Cash Flow	-28.35M	-23.64M	-42.47M	-22.05M	-44.03M	35.08M	-38.75M	-23.71M	18.69M	-42.73M	-19.62M	-56.96M	-38.59M	-140.68M	-65.94M	-62.91M	-26.91M
Capital Expenditure	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1	0	4
Free Cash Flow	-	-	-	22.05M	44.03M	-35.08M	38.75M	23.71M	-18.69M	42.73M	20.11M	59.94M	35.12M	140.68M	65.94M	62.91M	20.34M
Dividends Paid	18.40M	15.94M	14.52M	26.53M	42.25M	42.02M	39.44M	36.93M	35.02M	33.89M	31.70M	33.59M	35.92M	30.83M	25.29M	24.82M	26.94M
FCF to OCF	-	-	-	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Dividend Paid to FCF	-	-	-	120.28%	95.96%	-119.79%	101.78%	155.77%	-187.40%	79.31%	157.65%	56.04%	102.27%	21.91%	38.36%	39.45%	132.50%

Earnings

Report Date	May 31, 2011	Aug 31, 2011	Nov 30, 2011	Feb 29, 2012	May 31, 2012	Aug 31, 2012	Nov 30, 2012	Feb 28, 2013	May 31, 2013	Aug 31, 2013	Nov 30, 2013	Feb 28, 2014	May 31, 2014	Aug 31, 2014	Nov 30, 2014	Feb 28, 2015	May 31, 2015	Aug 31, 2015	Nov 30, 2015	Feb 29, 2016	May 31, 2016	Aug 31, 2016	Nov 30, 2016	Feb 28, 2017	May 31, 2017	Aug 31, 2017	Nov 30, 2017	Feb 28, 2018	May 7, 2018	Aug 31, 2018	Nov 8, 2018	Feb 28, 2019	May 9, 2019	Aug 31, 2019	Nov 7, 2019	Feb 29, 2020	May 6, 2020	Aug 31, 2020	Nov 6, 2020	Feb 28, 2021	May 7, 2021	Aug 31, 2021	Nov 4, 2021	May 6, 2022	Nov 4, 2022	May 3, 2023	Nov 1, 2024	May 2, 2025	Nov 7, 2025
EPS Estimate	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EPS Actual	0.78	0.78	0.75	0.75	0.41	0.41	0.23	0.23	-0.98	-0.98	0.81	0.81	0.63	0.63	0.34	0.34	-0.00	-0.00	0.50	0.50	0.52	0.52	-0.52	-0.52	0.45	0.45	-0.14	-0.14	-0.29	0.15	0.30	0.16	0.31	0.71	1.42	0.38	0.75	-0.17	-0.33	0.21	0.43	0.37	0.75	-0.83	-1.72	-0.15	0.35	0.11	-0.68
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Key Statistics & Ratios

Market Cap518.12M

Enterprise Value877.98M

Trailing P/E27.50

Forward P/E0.00

PEG Ratio0.00

Price / Sales11.59

Price / Book0.91

EPS0.40

Book Value12.65

Revenue (TTM)44.69M

Gross Profit (TTM)44.69M

Profit Margin41.65%

Operating Margin87.95%

Return on Equity3.06%

Return on Assets2.71%

Shares Outstanding47.10M

Shares Float0

Beta0.77

Dividend Yield8.41%

Dividend Rate0.93

Payout Ratio231.30%

Analyst Ratings

Buy

Based on 2 analysts

Strong Buy
1
Hold
1

Dividends

202610×

0.08Oct 14, 20260.08Sep 14, 20260.08Aug 17, 20260.08Jul 14, 20260.08Jun 15, 20260.08May 14, 20260.08Apr 14, 20260.08Mar 16, 20260.08Feb 17, 20260.08Jan 15, 2026

202512×

0.08Dec 16, 20250.08Nov 17, 20250.08Oct 16, 20250.08Sep 16, 20250.08Aug 18, 20250.08Jul 16, 20250.08Jun 17, 20250.08May 16, 20250.08Apr 16, 20250.08Mar 17, 20250.08Feb 18, 20250.08Jan 17, 2025

20242×

0.08Dec 17, 20240.08Nov 15, 2024