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Upturn AI SWOT - About
Invesco Quality Municipal Income Closed Fund (IQI)
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Upturn Advisory Summary
07/01/2025: IQI (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.
Number of Analysts
Analysts rated it
Highly popular stock, broad analyst coverage, trusted insights, strong investor interest.
1 Year Target Price $
1 Year Target Price $
| 1 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 0% | Avg. Invested days 0 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 07/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 493.93M USD | Price to earnings Ratio 24.58 | 1Y Target Price - |
Price to earnings Ratio 24.58 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.72 | 52 Weeks Range 8.86 - 10.53 | Updated Date 06/29/2025 |
52 Weeks Range 8.86 - 10.53 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 8.11% | Basic EPS (TTM) 0.38 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 49.12% | Operating Margin (TTM) 87.25% |
Management Effectiveness
Return on Assets (TTM) 2.56% | Return on Equity (TTM) 3.44% |
Valuation
Trailing PE 24.58 | Forward PE - | Enterprise Value 759624896 | Price to Sales(TTM) 12.17 |
Enterprise Value 759624896 | Price to Sales(TTM) 12.17 | ||
Enterprise Value to Revenue 28.37 | Enterprise Value to EBITDA - | Shares Outstanding 52883800 | Shares Floating - |
Shares Outstanding 52883800 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 28.01 |
Analyst Ratings
Rating 5 | Target Price - | Buy - | Strong Buy 1 |
Buy - | Strong Buy 1 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Invesco Quality Municipal Income Closed Fund
Company Overview
History and Background
Invesco Quality Municipal Income Closed Fund (IQI) was established to provide current income exempt from federal income tax, consistent with preservation of capital. It seeks to invest in a portfolio of municipal securities.
Core Business Areas
- Investment Management: Manages a portfolio of municipal securities, aiming for tax-exempt income.
Leadership and Structure
The fund is managed by Invesco Advisers, Inc. The structure involves a portfolio management team responsible for investment decisions.
Top Products and Market Share
Key Offerings
- Municipal Bond Portfolio: A diversified portfolio of municipal bonds designed to generate tax-exempt income. IQI's success depends on the bond selection, which is very niche. Competitors include other municipal bond funds and taxable bond alternatives.
Market Dynamics
Industry Overview
The municipal bond market is influenced by factors such as interest rates, tax policies, and the financial health of state and local governments.
Positioning
IQI aims to provide stable, tax-exempt income, targeting investors seeking conservative investments. Its competitive advantage lies in Invesco's expertise in municipal bond management.
Total Addressable Market (TAM)
The TAM for municipal bond funds is substantial, measured in trillions of dollars. IQI's positioning is focused on quality and income within this broad market.
Upturn SWOT Analysis
Strengths
- Experienced management team
- Tax-exempt income generation
- Diversified municipal bond portfolio
- Established brand recognition
Weaknesses
- Sensitivity to interest rate changes
- Discount to Net Asset Value (NAV)
- Management fees
Opportunities
- Increased demand for tax-exempt income
- Rising interest rate environment
- Strategic acquisitions of smaller funds
Threats
- Changes in tax laws
- Municipal bond defaults
- Competition from other investment products
- Economic downturn
Competitors and Market Share
Key Competitors
- NUV
- VFL
- EOT
- MUB
- HYD
Competitive Landscape
IQI competes with other closed-end municipal bond funds. Its advantage depends on its performance, expense ratio, and market perception.
Growth Trajectory and Initiatives
Historical Growth: Growth depends on the performance of the municipal bond market and the fund's ability to generate income.
Future Projections: Future growth is tied to the overall municipal bond market, interest rate trends, and investors' demand for tax-exempt income. Analyst estimates are often based on projected NAV growth.
Recent Initiatives: Recent initiatives likely include adjusting portfolio allocations to adapt to changing market conditions.
Summary
Invesco Quality Municipal Income Closed Fund (IQI) offers a tax-exempt income stream through a portfolio of municipal bonds. Its strengths lie in experienced management and diversified holdings, but it faces challenges from interest rate sensitivity and market volatility. The fund's future depends on capitalizing on demand for tax-advantaged investments and managing its portfolio effectively in a changing economic landscape. Overall, IQI offers a somewhat stable option for income-seeking investors aware of market risks.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Invesco Website
- SEC Filings
- Morningstar
- Yahoo Finance
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be made based on individual circumstances and after consulting with a qualified financial advisor. Market share percentages are estimates and may not be precise.
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 Quality 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 Quality 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 Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc., and Invesco Canada Ltd. 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, and municipal commercial paper. It employs fundamental analysis with bottom-up security selection approach to create its portfolio. The fund was previously known as Morgan Stanley Quality Municipal Income Trust. Invesco Quality Municipal Income Trust was formed on September 29, 1992 and is domiciled in the United States.
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