Invesco Municipal Trust (VKQ)
Invesco Municipal Trust operates in the Asset Management industry of the Financial Services sector, headquartered in Atlanta, GA, US. The stock last traded at $8.71, down 0.57% on the session, giving a market capitalisation of $482.0M. On trailing twelve-month figures it carries a trailing P/E of 29.03, a net margin of 47.9%. Its beta of 0.65 implies it has historically moved less than the broad market.
The Invesco Municipal Trust functions as a closed-end mutual fund, focusing its investments on fixed income. It was initiated by Invesco Ltd. A group of Invesco entities collectively manages the fund, including Invesco Advisers, Inc., INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc., and Invesco Canada Ltd. The fund primarily allocates capital to high-grade municipal securities, such as municipal bonds, notes, commercial paper, and lease obligations. Its portfolio is built using a strategy of fundamental analysis combined with bottom-up security selection. Formerly, it was recognized as Invesco Van Kampen Municipal Trust. This trust was founded on September 27, 1991, and is legally based in the United States.
Invesco Municipal Trust is most often compared with the following Financial Services names: