Invesco Advantage Municipal Income Trust II (the Trust) is a diversified, closed-end management investment company. The Trust's investment objective is to provide common shareholders with a high level of current income exempt from federal income tax, consistent with preservation of capital. Under normal market conditions, the Trust focuses on investing in municipal securities rated investment grade at the time of investment. Municipal securities include municipal bonds, municipal notes, municipal commercial paper and lease obligations. The Trust may also invest in non-investment-grade and unrated securities. It may invest in municipal securities that pay interest subject to the federal alternative minimum tax. The Trust may invest in securities that are subject to interest rate risk. The Trust invests in inverse floating rate securities, such as tender option bonds (TOBs), for investment purposes. Invesco Advisers, Inc. acts as the investment advisor of the Trust.
Industry, Sector and Symbol:
- Sector: Financials
- Industry: Closed End Funds
- Sub-Industry: N/A
- Symbol: NYSE:VKI
- CUSIP: N/A
- Web: www.invesco.com
- 50 Day Moving Avg: $11.60
- 200 Day Moving Avg: $11.35
- 52 Week Range: $10.68 - $13.57
- Trailing P/E Ratio: N/A
- P/E Growth: 0.00
- Average Volume: 76,189 shs.
Frequently Asked Questions for Invesco Advantage Municipal Income Tr II (NYSE:VKI)
What is Invesco Advantage Municipal Income Tr II's stock symbol?
Invesco Advantage Municipal Income Tr II trades on the New York Stock Exchange (NYSE) under the ticker symbol "VKI."
How often does Invesco Advantage Municipal Income Tr II pay dividends? What is the dividend yield for Invesco Advantage Municipal Income Tr II?
Invesco Advantage Municipal Income Tr II declared a monthly dividend on Wednesday, July 5th. Stockholders of record on Friday, July 14th will be given a dividend of $0.0547 per share on Monday, July 31st. This represents a $0.66 dividend on an annualized basis and a dividend yield of 5.63%. The ex-dividend date is Wednesday, July 12th. View Invesco Advantage Municipal Income Tr II's Dividend History.
Are investors shorting Invesco Advantage Municipal Income Tr II?
Invesco Advantage Municipal Income Tr II saw a decline in short interest in July. As of July 14th, there was short interest totalling 14,546 shares, a decline of 74.1% from the June 30th total of 56,155 shares. Based on an average trading volume of 52,712 shares, the days-to-cover ratio is presently 0.3 days.
Who are some of Invesco Advantage Municipal Income Tr II's key competitors?
Some companies that are related to Invesco Advantage Municipal Income Tr II include 3i Infrastructure PLC (3IN), Hercules Capital (HTGC), Triangle Capital Corporation (TCAP), Ithaca Energy (IAE), Foresight Solar Fund Ltd (FSFL), TICC Capital Corp. (TICC), KCAP Financial (KCAP), GLI Finance Ltd (GLIF), Andalas Energy and Power PLC (ADL), Alcentra Capital Corp. (ABDC), American Capital Senior Floating (ACSF), Andalas Energy and Power PLC (CEB), Apollo Investment Corporation (AINV), Ares Capital Corporation (ARCC), BlackRock Capital Investment Corporation (BKCC), BlackRock Enhanced Global Dividend Trust (BOE), BlackRock LT Municipal Advantage Trust (BTA) and Blackrock Taxable Municipal Bond Trust (BBN).
Who are Invesco Advantage Municipal Income Tr II's key executives?
Invesco Advantage Municipal Income Tr II's management team includes the folowing people:
- Bruce L. Crockett, Independent Chairman of the Board and Trustee
- Philip A. Taylor, President, Principal Executive Officer, Trustee
- Sheri S. Morris, Principal Financial Officer, Vice President, Treasurer
- John M. Zerr, Senior Vice President, Chief Legal Officer, Secretary
- Russell C. Burk, Senior Vice President, Senior Officer
- Valinda Arnett-Patton, Chief Compliance Officer
- Todd L. Spillane, Chief Compliance Officer
- Karen Dunn Kelley, Vice President
- Crissie Wisdom, Anti-Money Laundering Compliance Officer
- David C. Arch, Independent Trustee
How do I buy Invesco Advantage Municipal Income Tr II stock?
Shares of Invesco Advantage Municipal Income Tr II can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Invesco Advantage Municipal Income Tr II's stock price today?
MarketBeat Community Rating for Invesco Advantage Municipal Income Tr II (NYSE VKI)MarketBeat's community ratings are surveys of what our community members think about Invesco Advantage Municipal Income Tr II and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Invesco Advantage Municipal Income Tr II stock can currently be purchased for approximately $11.65.
Consensus Ratings for Invesco Advantage Municipal Income Tr II (NYSE:VKI) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating|
|Consensus Rating:||Sell (Score: 1.00)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for Invesco Advantage Municipal Income Tr II (NYSE:VKI)
(Data available from 7/26/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/15/2016||Stifel Nicolaus||Reiterated Rating||Hold -> Sell||N/A|
Earnings History for Invesco Advantage Municipal Income Tr II (NYSE:VKI)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Invesco Advantage Municipal Income Tr II (NYSE:VKI)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Invesco Advantage Municipal Income Tr II (NYSE:VKI)
|Dividend Growth:||-5.60% (3 Year Average)|
Dividend History by Quarter for Invesco Advantage Municipal Income Tr II (NYSE VKI)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Invesco Advantage Municipal Income Tr II (NYSE:VKI)Insider Trades by Quarter for Invesco Advantage Municipal Income Tr II (NYSE:VKI)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|10/12/2016||Robert John Stryker||Insider||Sell||1,500||$12.06||$18,090.00|| |
|9/7/2016||Robert John Stryker||Insider||Sell||500||$12.81||$6,405.00|| |
|1/29/2016||Robert John Stryker||Portfolio Manager||Sell||500||$12.06||$6,030.00|| |
|12/17/2015||Robert John Stryker||Portfolio Manager||Sell||500||$11.56||$5,780.00|| |
|5/29/2015||Rodney F Dammeyer||Director||Buy||6,616||$11.26||$74,496.16|| |
|5/27/2015||Rodney F Dammeyer||Director||Buy||17,751||$11.27||$200,053.77|| |
|11/18/2014||Rodney F Dammeyer||Director||Sell||152,323||$11.43||$1,741,051.89|| |
|11/13/2012||Rodney F Dammeyer||Director||Sell||18,475||$13.38||$247,195.50|| |
Headline Trends for Invesco Advantage Municipal Income Tr II (NYSE:VKI)
Latest Headlines for Invesco Advantage Municipal Income Tr II (NYSE:VKI)
Invesco Advantage Municipal Income Tr II (VKI) Chart for Wednesday, July, 26, 2017