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Upturn AI SWOT - About
Invesco Value Municipal Income Closed Fund (IIM)
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Upturn Advisory Summary
04/01/2025: IIM (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -11.57% | Avg. Invested days 40 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 566.23M USD | Price to earnings Ratio 10.28 | 1Y Target Price - |
Price to earnings Ratio 10.28 | 1Y Target Price - | ||
Volume (30-day avg) 134667 | Beta 0.68 | 52 Weeks Range 10.56 - 12.54 | Updated Date 04/2/2025 |
52 Weeks Range 10.56 - 12.54 | Updated Date 04/2/2025 | ||
Dividends yield (FY) 7.69% | Basic EPS (TTM) 1.17 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 124.01% | Operating Margin (TTM) 86.87% |
Management Effectiveness
Return on Assets (TTM) 2.52% | Return on Equity (TTM) 8.79% |
Valuation
Trailing PE 10.28 | Forward PE - | Enterprise Value 833176192 | Price to Sales(TTM) 12.79 |
Enterprise Value 833176192 | Price to Sales(TTM) 12.79 | ||
Enterprise Value to Revenue 11.83 | Enterprise Value to EBITDA - | Shares Outstanding 47068400 | Shares Floating - |
Shares Outstanding 47068400 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 22.98 |
Analyst Ratings
Rating 4 | Target Price - | Buy - | Strong Buy 1 |
Buy - | Strong Buy 1 | ||
Hold 1 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Invesco Value Municipal Income Closed Fund
Company Overview
History and Background
Invesco Value Municipal Income Trust, later renamed Invesco Value Municipal Income Closed Fund (VMV), likely formed to provide investors with income through a portfolio of municipal securities. Details on its founding year and early milestones require accessing specific historical fund documentation.
Core Business Areas
- Municipal Bond Investments: The fund invests primarily in a diversified portfolio of municipal securities, focusing on those considered undervalued. It aims to provide current income exempt from federal income tax.
Leadership and Structure
Information on the specific leadership team managing VMV requires accessing Invesco's official fund documents. Closed-end funds typically have a board of directors overseeing the fund's management and investment strategy, which is delegated to an investment advisor (Invesco in this case).
Top Products and Market Share
Key Offerings
- Municipal Bond Portfolio: VMV offers investors access to a professionally managed portfolio of municipal bonds, seeking tax-exempt income. As a closed-end fund, it has a fixed number of shares. Precise market share data for individual closed-end funds are less commonly tracked compared to ETFs or mutual funds. Competitors include other municipal bond closed-end funds like Nuveen, BlackRock, and Eaton Vance offerings.
Market Dynamics
Industry Overview
The municipal bond market fluctuates based on interest rate changes, credit quality of issuers, and overall economic conditions. Demand is driven by investors seeking tax-exempt income.
Positioning
VMV positions itself as a provider of value-oriented municipal bond investments, seeking to identify undervalued securities within the market. Its competitive advantage lies in its active management and stock-picking. Stock picking provides advantages over passive investment strategies.
Total Addressable Market (TAM)
The total US municipal bond market is in the trillions of dollars. VMV's positioning focuses on a subset of this market, targeting undervalued bonds. VMV's position allows them to generate returns.
Upturn SWOT Analysis
Strengths
- Experienced Management Team
- Diversified Portfolio
- Tax-Exempt Income
- Active Management Strategy
Weaknesses
- Sensitivity to Interest Rate Changes
- Credit Risk of Municipal Bonds
- Leverage (if used) can amplify losses
- Management Fees Reduce Returns
Opportunities
- Rising Demand for Tax-Exempt Income
- Distressed Municipal Securities (potential value)
- Active Management to Outperform Benchmarks
- Expansion of Municipal Bond Market
Threats
- Rising Interest Rates
- Credit Downgrades of Municipal Issuers
- Changes in Tax Laws (affecting tax-exempt status)
- Competition from other Municipal Bond Funds
Competitors and Market Share
Key Competitors
- Nuveen AMT-Free Quality Municipal Income Fund (NEA)
- BlackRock MuniYield Quality Fund (MQY)
- Eaton Vance Municipal Income Trust (EVN)
Competitive Landscape
VMV competes with other closed-end funds for investor capital. Its performance and fees are key differentiators. All focus on tax-exempt income, so it's all about the stock picking and leverage used.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Historical growth is dependent on the investment decisions made as well as the state of the municipal bond market.
Future Projections: Future projections for VMV's growth depend on its investment strategies. Access to analyst estimates can provide a view of future growth.
Recent Initiatives: Information about recent initiatives will be provided by access to an external source like Invesco.
Summary
Invesco Value Municipal Income Closed Fund (VMV) provides investors with a tax-exempt income stream through municipal bond investments. Its performance is influenced by interest rate fluctuations and credit risk of issuers. Rising interest rates and potential credit downgrades are threats. Actively managing municipal bond investments can lead to positive returns.
Similar Companies
EVN
Eaton Vance Municipal Income Closed Fund
EVN
Eaton Vance Municipal Income Closed Fund
Sources and Disclaimers
Data Sources:
- Invesco Official Website
- SEC Filings
- Financial Data Providers (e.g., Bloomberg, Refinitiv)
- Analyst Reports (when available)
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be made based on thorough research and consultation with a financial advisor. Market share data is estimated and may not reflect precise figures.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Invesco Value Municipal Income Closed Fund
Exchange NYSE | Headquaters Atlanta, GA, United States | ||
IPO Launch date 1994-10-27 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
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.
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