Invesco Municipal Opportunity Trust (VMO)

• Market cap: $641M
• 1 day: -0.11%
• 5 days: -4.52%
• 1 month: -3.75%
• 3 months: -7.59%
• 6 months: -5.00%
• Year to date: -0.94%
• 1 year: 0.21%
• 5 years: -23.26%
• 10 years: -25.26%

About: Invesco Municipal Opportunity Trust 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)

44% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 9

20% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 30

4% more funds holding

Funds holding: 112 [Q2] → 116 (+4) [Q3]

3.44% less ownership

Funds ownership: 36.99% [Q2] → 33.55% (-3.44%) [Q3]

8% less capital invested

Capital invested by funds: $253M [Q2] → $232M (-$21.3M) [Q3]