Invesco Advantage Municipal Income Trust II logo

VKI

Invesco Advantage Municipal Income Trust II

$9.5

Earnings Summary

PE Ratio
9.94

Highlights

PE Ratio:

Invesco Advantage Municipal Income Trust II’s price-to-earnings ratio after this Q1 2022 earnings stands at 9.94.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Invesco Advantage Municipal Income Trust II post its latest quarter earnings

EPS Estimate Current Quarter
0
EPS Estimate Current Year
0

Highlights

EPS Estimate Current Quarter:

Invesco Advantage Municipal Income Trust II’s earning per share (EPS) estimates for the current quarter stand at 0 - a NaN% jump from last quarter’s estimates.

EPS Estimate Current Year:

Invesco Advantage Municipal Income Trust II’s earning per share (EPS) estimates for the current year stand at 0.

Key Ratios

Key ratios of the Invesco Advantage Municipal Income Trust II post its Q1 2022 earnings

Return on Assets (ROA)
0.02
Return on Equity (ROE)
0.08
Dividend Per Share (DPS)
0.57

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Invesco Advantage Municipal Income Trust II’s return on assets (ROA) stands at 0.02.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Invesco Advantage Municipal Income Trust II’s return on equity (ROE) stands at 0.08.

Dividend Per Share (DPS):

Invesco Advantage Municipal Income Trust II declared 0.57 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2020-02-29
0
0.25
+Inf%

Company Information

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.

Organisation
Invesco Advantage Municipal Income Trust II
Headquarters
Atlanta, Georgia, US
Industry
Miscellaneous