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Upturn AI Summary - About
Invesco Value Municipal Income Closed Fund(IIM)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for IIM
09/25/2026: IIM (1-star) is currently NOT-A-BUY. Pass it for now.
Invesco Value Municipal Income Closed Fund (IIM) is a closed-end investment company primarily designed for investors seeking tax-exempt monthly income through a portfolio of municipal bonds. The fund's strength lies in Invesco's deep expertise in municipal credit analysis, which has historically helped it manage risk effectively. The primary investment story centers on capturing tax-efficient yield from U.S. municipal debt, making it a suitable option for income-focused investors in higher tax brackets. Key risks include price volatility inherent to closed-end funds, interest rate sensitivity, and the potential impact of leverage during market downturns. Investors should monitor distribution coverage and the fund's trading premium or discount to NAV.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | The fund is designed for income generation rather than capital appreciation. |
| Momentum investor | Weak fit | This fund is typically a slow-moving income vehicle not suited for momentum strategies. |
| Value investor | Mixed fit | Investors may find value when the fund trades at a significant discount to its NAV. |
| Dividend investor | Strong fit | The primary objective of providing tax-exempt monthly income aligns well with dividend-focused goals. |
| Low-risk investor | Mixed fit | While municipal bonds are generally stable, the use of leverage and NAV volatility introduce risk. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium | The market price of the fund shares can fluctuate independently of the underlying bond values. |
| Valuation risk | Medium | Buying shares at a premium to NAV reduces the total return potential for investors. |
| Competition risk (fixed income funds) | Medium | The fund faces competition from other tax-exempt vehicles that may offer higher yields or lower fees. |
| Business quality | Medium | The fund's performance is tied to the expertise of Invesco's bond management team. |
| Dividend income | Medium | Distributions depend on the interest earned on the underlying municipal portfolio. |
| Execution risk | Low | Effective management of leverage and portfolio credit quality is essential to maintaining income levels. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type Stock | Historic Profit 6.73% | Avg. Invested days 48 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 09/25/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 520.94M USD | Price to earnings Ratio 28.36 | 1Y Target Price - |
Price to earnings Ratio 28.36 | 1Y Target Price - | ||
Volume (30-day avg) 138.2K shares | Beta 0.77 | 52 Weeks Range 10.97 - 12.83 | Updated Date 09/25/2026 |
52 Weeks Range 10.97 - 12.83 | Updated Date 09/25/2026 | ||
Dividends yield (FY) 8.08% | Basic EPS (TTM) 0.39 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Municipal Bond Portfolio | Interest income from a diversified selection of U.S. municipal bonds. | You earn tax-advantaged income from the interest payments on the municipal bonds the fund owns. |
Valuation
Trailing PE 28.36 | Forward PE - | Enterprise Value 877.98M | Price to Sales(TTM) 11.66 |
Enterprise Value 877.98M | Price to Sales(TTM) 11.66 | ||
Enterprise Value to Revenue 35.45 | Enterprise Value to EBITDA - | Shares Outstanding 47.10M | Shares Floating - |
Shares Outstanding 47.10M | Shares Floating - | ||
Percent Insiders - | Percent Institutions 17.16 |
Upturn AI Summary
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.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Invesco Value Municipal Income Closed Fund
Exchange NYSE | Headquarters 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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