Invesco Municipal Trust

Frequently Asked Questions About VKQ

What does VKQ invest in?

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.

What is the expense ratio of VKQ?

Invesco Municipal Trust (VKQ) charges an expense ratio of 3.16%. This is the annual fee deducted from fund assets to cover management and operations.

What is VKQ's dividend yield?

VKQ's trailing-twelve-month yield is 8.41%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of VKQ?

Effective duration measures VKQ's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. VKQ's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of VKQ?

VKQ's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of VKQ?

Yield to maturity (YTM) is the total return you'd earn from VKQ if every bond in the portfolio is held to maturity at the current price. VKQ's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.