Invesco Quality Municipal Income Trust (IQI)
Invesco Quality Municipal Income Trust operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Atlanta, GA, US. The stock last traded at $10.17, up 0.79% on the session, giving a market capitalisation of $537.8M. On trailing twelve-month figures it carries a trailing P/E of 29.91, a net margin of 48.6%. Its beta of 0.73 implies it has historically moved less than the broad market.
The Invesco Quality Municipal Income Trust operates as a closed-ended mutual fund focusing on fixed income, having been established by Invesco Ltd. Its management responsibilities are collaboratively handled by a consortium of Invesco entities, including 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. This trust primarily allocates capital within the fixed income markets of the United States. A substantial portion of its portfolio is dedicated to investment-grade municipal securities, encompassing municipal bonds, notes, and commercial paper. Portfolio construction relies on a strategy combining fundamental analysis with a bottom-up approach to security selection. Historically, the trust operated under the designation of Morgan Stanley Quality Municipal Income Trust. Its inception date was September 29, 1992, and it maintains its domicile in the United States.
Invesco Quality Municipal Income Trust is most often compared with the following Financial Services names: