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Invesco Value Municipal Income Trust (IIM)

Financial Services | Asset Management | Atlanta, United States | NYSE
12.24 USD -0.11 (-0.891%) ⇩ (April 21, 2026, 4 p.m. EDT)
Short-term:★★★★★Long-term:★☆☆☆☆Dividends:★★☆☆☆
Hot Take ↕ | April 18, 2026, 11:01 p.m. EDT

IIM presents a high-conviction short-term momentum play for income investors benefiting from municipal bond sector relief, but its long-term investment thesis is severely compromised by deteriorating fundamentals including negative earnings and an unsustainable payout ratio.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.032808
MSTL0.033989
AutoETS0.034544
AutoTheta0.035540

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 80%
H-stat 0.37
Ljung-Box p 0.000
Jarque-Bera p 0.315
Excess Kurtosis -1.08
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-04-13
Last Dividend Date 2026-04-13
Debt to Equity Ratio 58.821
Revenue per Share 0.941
Market Cap 576,117,696
Beta 0.83
Profit Margins -60.83%
Website https://www.invesco.com/portal/site/us/investors/closed-end/product-detail?productId=30291

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.62% 7.84% 7.24% 6.92%
Dividend History
Date Dividend Yield %
2026-04-14 0.077 0.617482
2026-03-16 0.077 0.609550
2026-02-17 0.077 0.611333
2026-01-15 0.077 0.630860
2025-12-16 0.077 0.640939
2025-11-17 0.077 0.638204
2025-10-16 0.077 0.631984
2025-09-16 0.077 0.647639
2025-08-18 0.077 0.697153
2025-07-16 0.077 0.712812
2025-06-17 0.077 0.707677
2025-05-16 0.077 0.694981
2025-04-16 0.077 0.718860
2025-03-17 0.077 0.692463
2025-02-18 0.077 0.677241
2025-01-17 0.077 0.707082
2024-12-17 0.077 0.703413
2024-11-15 0.077 0.695733
2024-10-16 0.077 0.679123
2024-09-17 0.077 0.673723
2024-08-16 0.077 0.688990
2024-07-16 0.077 0.700359
2024-06-18 0.077 0.730282
2024-05-15 0.050 0.493143
2024-04-15 0.050 0.507833
2024-03-14 0.050 0.495722
2024-02-15 0.050 0.494871
2024-01-16 0.044 0.444487
2023-12-14 0.044 0.442729
2023-11-14 0.044 0.473075
2023-10-13 0.044 0.498075
2023-09-14 0.044 0.472286
2023-08-14 0.046 0.473958
2023-07-14 0.046 0.462326
2023-06-14 0.046 0.477247
2023-05-12 0.046 0.473035
2023-04-14 0.046 0.461949
2023-03-14 0.049 0.506894
2023-02-14 0.049 0.473319
2023-01-13 0.051 0.504052
2022-12-14 0.051 0.508980
2022-11-14 0.051 0.567428
2022-10-14 0.054 0.587708
2022-09-14 0.054 0.529895
2022-08-12 0.059 0.528441
2022-07-14 0.059 0.561861
2022-06-14 0.063 0.640747
2022-05-13 0.063 0.616760
2022-04-14 0.063 0.609917
2022-03-14 0.064 0.586180
2022-02-14 0.064 0.554893
2022-01-14 0.064 0.534333
2021-12-13 0.064 0.505930
2021-11-12 0.064 0.499110
2021-10-13 0.064 0.520867
2021-09-13 0.064 0.495346
2021-08-13 0.064 0.502805
2021-07-13 0.064 0.507728
2021-06-11 0.064 0.522775
2021-05-14 0.064 0.536649
2021-04-13 0.064 0.542196
2021-03-12 0.064 0.554159
2021-02-11 0.064 0.543868
2021-01-14 0.064 0.559716
2020-12-14 0.062 0.544797
2020-11-12 0.062 0.563246
2020-10-14 0.062 0.573925
2020-09-14 0.060 0.556980
2020-08-13 0.060 0.545333
2020-07-14 0.056 0.533294
2020-06-15 0.056 0.540856
2020-05-14 0.056 0.570898
2020-04-14 0.056 0.553922
2020-03-16 0.056 0.586085
2020-02-13 0.056 0.503297
2020-01-14 0.059 0.537563
2019-12-12 0.059 0.551197
2019-11-12 0.059 0.555122
2019-10-15 0.059 0.548645
2019-09-17 0.059 0.571712
2019-08-13 0.059 0.556862
2019-07-16 0.059 0.564479
2019-06-13 0.059 0.570016
2019-05-14 0.059 0.588913
2019-04-11 0.059 0.604387
2019-03-12 0.059 0.595705
2019-02-12 0.059 0.606339
2019-01-15 0.059 0.631449
2018-12-13 0.059 0.661554
2018-11-09 0.059 0.664435
2018-10-15 0.059 0.680570
2018-09-13 0.059 0.633944
2018-08-13 0.062 0.670364
2018-07-16 0.062 0.674741
2018-06-12 0.062 0.679148
2018-05-14 0.062 0.684078
2018-04-16 0.062 0.671315
2018-03-14 0.062 0.670473
2018-02-14 0.062 0.684233
2018-01-23 0.062 0.669326
2017-12-12 0.062 0.665791
2017-11-14 0.062 0.669929
2017-10-12 0.062 0.664621
2017-09-12 0.062 0.651215
2017-08-09 0.062 0.656019
2017-07-12 0.062 0.661718
2017-06-12 0.062 0.668859
2017-05-10 0.062 0.685753
2017-04-11 0.062 0.682600
2017-03-13 0.062 0.715805
2017-02-13 0.062 0.686601
2017-01-17 0.062 0.688534
2016-12-12 0.062 0.705581
2016-11-09 0.062 0.681988
2016-10-12 0.062 0.661673
2016-09-12 0.062 0.629809
2016-08-10 0.070 0.685595
2016-07-11 0.070 0.666000
2016-06-09 0.070 0.693503
2016-05-11 0.070 0.688310
2016-04-11 0.070 0.694689
2016-03-10 0.070 0.709826
2016-02-10 0.070 0.706112
2016-01-13 0.070 0.740471
2015-12-09 0.070 0.773737
2015-11-12 0.070 0.784134
2015-10-13 0.070 0.783146
2015-09-10 0.070 0.798291
2015-08-11 0.070 0.820913
2015-07-09 0.070 0.845376
2015-06-09 0.070 0.892828
2015-05-11 0.070 0.817075
2015-04-09 0.070 0.794021
2015-03-11 0.070 0.801510
2015-02-11 0.070 0.800496
2015-01-12 0.075 0.830833
2014-12-12 0.075 0.858949
2014-11-12 0.075 0.875466
2014-10-14 0.075 0.909998
2014-09-11 0.075 0.931357
2014-08-07 0.075 0.958964
2014-07-10 0.075 0.972523
2014-06-11 0.075 0.934563
2014-05-08 0.075 0.949127
2014-04-10 0.075 0.969936
2014-03-12 0.075 1.008212
2014-02-12 0.075 1.033711
2014-01-13 0.075 1.062622
2013-12-10 0.075 1.086578
2013-11-06 0.075 1.057353
2013-10-09 0.075 1.119095
2013-09-11 0.075 1.160395
2013-08-08 0.075 1.112579
2013-07-09 0.075 1.074252
2013-06-11 0.075 1.036451
2013-05-09 0.075 0.949608
2013-04-09 0.075 0.953427
2013-03-07 0.075 0.974231
2013-02-07 0.075 0.943628
2013-01-10 0.075 0.912869
2012-12-12 0.075 0.941774
2012-11-13 0.075 0.953527
2012-10-10 0.075 0.957264
2012-09-14 0.075 0.966318
2012-08-13 0.075 0.977906
2012-07-12 0.075 0.945728
2012-06-13 0.075 0.949313
2012-05-11 0.075 0.985606
2012-04-11 0.075 0.984679
2012-03-12 0.075 0.929210
2012-02-13 0.075 0.951093
2012-01-12 0.075 0.964832
2011-12-13 0.075 1.065679
2011-11-14 0.075 1.052438
2011-10-12 0.075 1.106641
2011-09-13 0.075 1.095387
2011-08-11 0.075 1.195592
2011-07-13 0.073 1.135264
2011-06-13 0.073 1.137070
2011-05-11 0.073 1.192866
2011-04-13 0.073 1.223735
2011-03-11 0.073 1.235747
2011-02-11 0.073 1.299960
2011-01-12 0.073 1.308304
2010-12-15 0.073 1.298570
2010-11-17 0.073 1.228316
2010-10-20 0.073 1.134870
2010-09-15 0.073 1.137373
2010-08-18 0.073 1.147213
2010-07-21 0.073 1.175967
2010-06-16 0.073 1.219466
2010-05-19 0.073 1.246364
2010-04-21 0.073 1.258106
2010-03-17 0.073 1.270931
2010-02-17 0.073 1.283014
2010-01-20 0.073 1.278756
2009-12-16 0.073 1.289968
2009-11-18 0.073 1.355505
2009-10-21 0.068 1.263879
2009-09-16 0.068 1.233670
2009-08-19 0.068 1.301485
2009-07-22 0.068 1.335473
2009-06-17 0.068 1.405279
2009-05-20 0.068 1.353008
2009-04-15 0.068 1.420474
2009-03-18 0.060 1.336832
2009-02-18 0.060 1.322262
2009-01-21 0.060 1.310076
2008-12-17 0.166 4.639765
2008-11-19 0.060 1.539733
2008-10-22 0.050 1.302720
2008-09-17 0.058 1.295470
2008-08-20 0.058 1.234731
2008-07-16 0.058 1.240304
2008-06-18 0.058 1.208324
2008-05-21 0.058 1.161830
2008-04-16 0.058 1.189061
2008-03-05 0.058 1.212917
2008-02-06 0.058 1.149430
2008-01-09 0.115 2.314489
2007-12-05 0.075 1.573544
2007-11-07 0.058 1.230905
2007-10-03 0.058 1.197070
2007-09-05 0.058 1.204674
2007-08-01 0.058 1.195907
2007-07-03 0.058 1.193183
2007-06-06 0.058 1.184663
2007-05-02 0.058 1.161034
2007-04-03 0.058 1.174489
2007-03-07 0.058 1.178386
2007-02-07 0.058 1.198754
2007-01-03 0.058 1.201086
2006-12-06 0.119 2.457142
2006-11-01 0.058 1.201659
2006-10-04 0.058 1.203159
2006-09-06 0.068 1.391408
2006-07-05 0.068 1.451526
2006-06-07 0.068 1.448276
2006-05-03 0.068 1.447107
2006-04-05 0.068 1.461971
2006-03-01 0.068 1.478117
2006-02-01 0.068 1.469732
2006-01-04 0.068 1.529573
2005-12-07 0.068 1.580032
2005-11-02 0.068 1.559243
2005-10-05 0.068 1.545674
2005-09-07 0.068 1.520641
2005-08-03 0.068 1.525696
2005-07-06 0.068 1.549098
2005-06-01 0.068 1.568751
2005-05-04 0.068 1.607200
2005-04-06 0.068 1.648554
2005-03-02 0.068 1.610459
2005-02-02 0.068 1.605638
2005-01-05 0.068 1.639089
2004-12-08 0.068 1.658004
2004-11-03 0.068 1.627137
2004-10-06 0.068 1.650281
2004-09-01 0.078 1.864721
2004-08-04 0.078 1.904489
2004-07-07 0.078 1.926181
2004-06-02 0.078 1.991496
2004-05-05 0.078 2.001572
2004-04-14 0.078 1.945436
2004-03-03 0.078 1.808886
2004-02-04 0.078 1.825401
2004-01-07 0.078 1.872123
2003-12-03 0.078 1.889699
2003-11-05 0.078 1.897069
2003-10-01 0.078 1.936021
2003-09-03 0.075 1.883210
2003-08-06 0.075 1.926522
2003-07-09 0.075 1.811552
2003-06-04 0.075 1.812104
2003-05-07 0.075 1.858893
2003-04-02 0.075 1.927682
2003-03-05 0.075 1.946987
2003-02-05 0.075 1.977727
2003-01-08 0.075 2.007857
2002-12-04 0.075 2.046068
2002-11-06 0.075 2.025121
2002-10-02 0.075 1.954310
2002-09-04 0.068 1.808047
2002-08-07 0.068 1.851108
2002-07-02 0.068 1.873116
2002-06-05 0.068 1.913323
2002-05-01 0.068 1.938000
2002-04-03 0.068 1.982001
2002-03-06 0.068 1.919776
2002-02-06 0.068 1.912710
2002-01-02 0.068 1.999466
2001-12-05 0.068 2.003465
2001-11-07 0.068 1.939570
2001-10-03 0.065 1.889523
2001-09-05 0.065 1.909371
2001-08-01 0.065 1.937792
2001-07-03 0.065 1.937096
2001-06-06 0.065 1.971862
2001-05-02 0.065 1.979812
2001-04-04 0.065 1.976190
2001-03-07 0.065 1.924046
2001-02-07 0.065 1.960572
2001-01-03 0.065 2.061820
2000-12-06 0.065 2.194923
2000-11-01 0.065 2.217258
2000-10-04 0.065 2.163968
2000-09-06 0.073 2.308736
2000-08-02 0.073 2.375345
2000-07-05 0.073 2.399353
2000-06-07 0.073 2.531429
2000-05-03 0.073 2.472986
2000-04-05 0.073 2.547633
2000-03-01 0.073 2.587673
2000-02-02 0.073 2.576984
2000-01-05 0.073 2.670674
1999-12-01 0.073 2.544977
1999-11-03 0.073 2.511147
1999-10-06 0.073 2.525127
1999-09-01 0.070 2.411996
1999-08-04 0.070 2.380225
1999-07-07 0.070 2.360130
1999-06-02 0.070 2.309517
1999-05-05 0.070 2.280855
1999-04-07 0.070 2.234139
1999-03-03 0.070 2.254262
1999-02-03 0.070 2.274518
1999-01-06 0.070 2.228657
1998-12-02 0.070 2.257594
1998-11-04 0.070 2.296979
1998-10-07 0.070 2.298056
1998-09-02 0.065 2.308781
1998-08-05 0.065 2.373446
1998-07-08 0.065 2.362946
1998-06-03 0.065 2.441360
1998-05-06 0.065 2.419052
1998-04-01 0.065 2.430864
1998-03-04 0.065 2.381750
1998-02-04 0.065 2.366083
1998-01-07 0.065 2.442850
1997-12-03 0.065 2.512449
1997-11-25 0.065 2.501124
1997-11-05 0.065 2.549073
1997-10-01 0.065 2.537706
1997-09-03 0.065 2.550156
1997-08-06 0.065 2.611655
1997-07-09 0.065 2.650075
1997-06-04 0.065 2.729319
1997-05-07 0.065 2.827283
1997-04-02 0.065 2.871362
1997-03-05 0.065 2.828519
1997-02-05 0.065 2.843304
1997-01-08 0.065 3.010354
1996-12-04 0.065 3.027100
1996-11-06 0.065 3.076670
1996-10-02 0.062 2.951171
1996-09-04 0.062 3.032029
1996-08-07 0.062 2.951173
1996-07-02 0.062 3.133331
1996-06-05 0.062 3.115685
1996-05-01 0.062 3.132762
1996-04-02 0.062 3.081641
1996-03-06 0.062 2.938810
1996-02-07 0.062 2.984686
1996-01-10 0.062 3.130465
1995-12-06 0.060 2.981093
1995-11-08 0.062 3.129399
1995-10-04 0.065 3.371103
1995-09-06 0.195 10.283807
1994-10-03 0.075 4.025077
1994-09-02 0.075 3.798556
1994-08-01 0.075 3.862429
1994-07-01 0.075 3.806588
1994-06-06 0.075 3.642517
1994-05-02 0.075 3.700347
1994-04-04 0.075 3.759252
1994-03-07 0.075 3.469262
1994-02-07 0.075 3.277473
1994-01-03 0.075 3.381972
1993-12-06 0.085 3.753361
1993-11-01 0.075 3.247007
1993-10-04 0.075 3.263325
1993-09-03 0.075 3.336071
1993-08-02 0.075 3.324563
1993-07-02 0.075 3.341555
1993-06-07 0.075 3.330551
1993-05-03 0.075 3.319534
Additional Data
dividendRate 0.93
dividendYield 7.56
exDividendDate 2026-04-14
trailingAnnualDividendRate 0.926
trailingAnnualDividendYield 0.07497975
lastDividendValue 0.077
lastDividendDate 2026-04-14
dividendDate 2019-02-28

Info Dump

Attribute Value
52 Week Change 0.059740305
Address1 1,331 Spring Street, North West
Address2 Suite 2500
All Time High 17.92
All Time Low 6.97
Ask 12.54
Ask Size 1,000
Average Daily Volume10 Day 95,000
Average Daily Volume3 Month 156,132
Average Volume 156,132
Average Volume10Days 95,000
Beta 0.83
Bid 0.0
Bid Size 1,400
Book Value 12.038
City Atlanta
Country United States
Crypto Tradeable 0
Currency USD
Current Price 12.24
Current Ratio 2.024
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 12.4199
Day Low 12.22
Debt To Equity 58.821
Dividend Date 1,551,312,000
Dividend Rate 0.93
Dividend Yield 7.56
Earnings Timestamp End 1,667,565,000
Earnings Timestamp Start 1,667,565,000
Ebitda Margins 0.0
Enterprise To Revenue 19.847
Enterprise Value 879,391,936
Eps Trailing Twelve Months -0.58
Esg Populated 0
Ex Dividend Date 1,776,124,800
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 12.607
Fifty Day Average Change -0.36700058
Fifty Day Average Change Percent -0.029110856
Fifty Two Week Change Percent 5.9740305
Fifty Two Week High 13.17
Fifty Two Week High Change -0.9300003
Fifty Two Week High Change Percent -0.07061506
Fifty Two Week Low 11.2
Fifty Two Week Low Change 1.04
Fifty Two Week Low Change Percent 0.09285714
Fifty Two Week Range 11.2 - 13.17
Financial Currency USD
First Trade Date Milliseconds 730,132,200,000
Five Year Avg Dividend Yield 5.78
Free Cashflow 13,773,483
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 44,308,308
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 0.18712
Implied Shares Outstanding 47,068,439
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Language en-US
Last Dividend Date 1,776,124,800
Last Dividend Value 0.077
Last Fiscal Year End 1,740,700,800
Long Business Summary 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.
Long Name Invesco Value Municipal Income Trust
Market us_market
Market Cap 576,117,696
Market State PRE
Max Age 86,400
Message Board Id finmb_7713591
Most Recent Quarter 1,756,598,400
Net Income To Common -26,952,832
Next Fiscal Year End 1,772,236,800
Non Diluted Market Cap 576,117,693
Open 12.41
Operating Cashflow 43,835,132
Operating Margins 0.88456
Payout Ratio 1.9338001
Phone 404- 892-0896
Previous Close 12.35
Price Hint 2
Price To Book 1.0167801
Price To Sales Trailing12 Months 13.002476
Profit Margins -0.60830003
Quick Ratio 2.024
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.110001
Regular Market Change Percent -0.890693
Regular Market Day High 12.4199
Regular Market Day Low 12.22
Regular Market Day Range 12.22 - 12.4199
Regular Market Open 12.41
Regular Market Previous Close 12.35
Regular Market Price 12.24
Regular Market Time 1,776,801,602
Regular Market Volume 170,071
Return On Assets 0.02605
Return On Equity -0.04478
Revenue Growth 0.007
Revenue Per Share 0.941
Sand P52 Week Change 0.3140242
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 47,068,439
Shares Percent Shares Out 0.0032
Shares Short 152,142
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 236,322
Short Name Invesco Value Municipal Income
Short Percent Of Float 0.0032
Short Ratio 1.11
Source Interval 15
State GA
Symbol IIM
Total Cash 30,009,764
Total Cash Per Share 0.638
Total Debt 333,284,032
Total Revenue 44,308,308
Tradeable 0
Trailing Annual Dividend Rate 0.926
Trailing Annual Dividend Yield 0.07497975
Trailing Eps -0.58
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 12.29105
Two Hundred Day Average Change -0.051050186
Two Hundred Day Average Change Percent -0.004153444
Type Disp Equity
Volume 170,071
Website https://www.invesco.com/portal/site/us/investors/closed-end/product-detail?productId=30291
Zip 30,309