Invesco Advantage Municipal Income Trust II (VKI)

• Market cap: $388M
• 1 day: 1.39%
• 5 days: 1.16%
• 1 month: -5.42%
• 3 months: -6.23%
• 6 months: -1.47%
• Year to date: 2.46%
• 1 year: 2.46%
• 5 years: -21.70%
• 10 years: -24.22%

About: Invesco Advantage Municipal Income Trust II is a diversified, closed-end management investment company. The investment objective of the company is to provide common shareholders with a high level of current income exempt from federal income tax, consistent with preservation of capital.

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

100% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 6

37% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 19

8% more funds holding

Funds holding: 72 [Q2] → 78 (+6) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

4.06% less ownership

Funds ownership: 28.85% [Q2] → 24.79% (-4.06%) [Q3]

10% less capital invested

Capital invested by funds: $113M [Q2] → $102M (-$11.1M) [Q3]