NYSE American · Asset Management · USD

Invesco Advantage Municipal Income Trust II (VKI) Stock Analysis

Invesco Advantage Municipal Income Trust II (VKI) is a Asset Management stock listed on NYSE American and quoted in US Dollar.

Last Updated: October 21, 2026

VKI

$8.23

+$0.05 (+0.61%)

Oct 21, 2026 · Market close

Compare

Price History

Hover for the daily close. The dotted line marks the period open.

Compare VKI with… →

VKI Key Statistics

As of Oct 21, 2026

Trading

Open: $8.27
Previous Close: $8.18
Day's Range: 8.10–8.27
52-Week Range: 7.25–9.60
Volume: 251.90K
Beta: 0.69

Valuation

Market Cap: $365.72M
P/E Ratio: 32.92
P/S ratio: 11.52
EPS (ttm): 0.25

Financials (FY)

Revenue (FY): $11.37M−23.38%
Net Income (FY): $11.06M−23.24%
Profit margin: 34.84%
Shares Outstanding: 44.44M
1-Year Return: −0.54%

Dividend and dates

Dividend: $0.67+8.20%
Ex-Dividend Date: October 14, 2026
Avg Volume: 168.21K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, VKI closed at $8.23, −0.54% over 1 year.

Invesco Advantage Municipal Income Trust II (VKI) has a market capitalization of $365.72M.

In fiscal 2025, VKI reported revenue of $11.37M.

VKI Stock Return by Calendar Year

Invesco Advantage Municipal Income Trust II (VKI) 10-year return: what $10,000 became

1 year: $10,000 $9,946; −0.54%
5 years: $10,000 $9,265; −7.35%
10 years: $10,000 $12,419; +24.19%

If you had invested $10,000 in Invesco Advantage Municipal Income Trust II (VKI) 10 years ago, at the close on October 21, 2016, it would have been worth $12,419 at the close on October 21, 2026: +24.19% in total, +2.19% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

+18.99%−25.51%−3.93%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	−3.93%
2025	+12.81%
2024	+10.21%
2023	+3.07%
2022	−25.51%
2021	+12.64%
2020	+6.78%
2019	+18.99%
2018	−8.06%
2017	+7.86%
2016 (partial year)	−15.40%

As of October 21, 2026.

VKI Revenue and Earnings by Fiscal Year

FY ends February

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$11.37M	$11.06M	97.2%
2024	$14.84M	$14.40M	97.1%
2023	$34.38M	$34.07M	99.1%
2022	−$63.51M	−$63.82M	100.5%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$11.37M	—	—	$11.06M	97.2%
2024	$14.84M	—	—	$14.40M	97.1%
2023	$34.38M	—	—	$34.07M	99.1%
2022	−$63.51M	—	—	−$63.82M	100.5%

Annual figures as reported, in the company's reporting currency. As of February 28, 2026.

VKI Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

$0.67+19.4% vs 2024

Dividends per share, 2025 · 12 payments

Year	Dividends per share	Payments	Change
2026*	$0.56	10	—
2025	$0.67	12	+19.4%
2024	$0.56	12	+44.4%
2023	$0.39	12	−24.9%

Year	Dividends per share	Payments	Change
2026 (partial year)	$0.56	10	—
2025	$0.67	12	+19.4%
2024	$0.56	12	+44.4%
2023	$0.39	12	−24.9%
2022	$0.52	12	−11.4%
2021	$0.59	12	+8.9%
2020	$0.54	12	−1.8%
2019	$0.55	12	−11.3%
2018	$0.62	12	−6.4%
2017	$0.66	12	+500.0%
2016	$0.11	2	—

Most recent payment: $0.06 per share, ex-dividend October 14, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

VKI Valuation vs Asset Management Median

Median of 512 stocks

Metric	VKI	Asset Management median	vs median
P/E	32.92	9.44	3.5x the median
P/S ratio	11.52	8.59	34% above
Profit margin	34.84%	74.97%	40.1 pts below

Medians across 512 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Invesco Advantage Municipal Income Trust II (VKI) is capitalised at $365.72M on the latest close. It is classified in the Asset Management industry, within the Financial Services sector.

Over the past 52 weeks the price has ranged from $7.25 to $9.60. VKI last closed at $8.23 on October 21, 2026. That is +$0.05 (+0.61%) against the previous close. The latest close sits 13.52% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $11.37M. Against the prior fiscal year total of $14.84M, that is a change of −23.38%. Net income for the same year was $11.06M. That is −23.24% against the prior fiscal year. The reported profit margin is 34.84%. That is 40.1 percentage points below the Asset Management median of 74.97%. Earnings per share on a trailing basis come to 0.25.

Across the 4 fiscal years on file, revenue moves from −$63.51M in 2022 to $11.37M in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 32.92. That is 3.5 times the Asset Management median of 9.44. Measured against sales, the shares trade at 11.52 times revenue. On price-to-sales that is 34.13% above the Asset Management median of 8.59. The medians here are taken across 512 Asset Management companies that report the metric.

Over the trailing twelve months the total return is −0.54%. Across 10 years the annualized return works out at +2.19%. The reported beta is 0.69. Annualized volatility over the trailing 10 years is 13.35%.

Growth & Income

Shareholders receive a dividend, yielding 8.2% on the latest price. That is 0.7 percentage points below the Asset Management median yield of 8.91%. At the indicated rate that is $0.67 a share a year. The ex-dividend date on file is October 14, 2026. Dividends are recorded for 11 calendar years; 2026 shows 10 payments totalling $0.56 a share. The year before, 2025, totalled $0.67 a share.

2026 is still running; the total return is −3.93% year to date. The strongest complete calendar year on file is 2019 at +18.99%; the weakest is 2022 at −25.51%. Of the 9 complete calendar years on file, 7 finished higher.

Peer Comparison

Invesco Advantage Municipal Income Trust II (VKI) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
Invesco Advantage Municipal Income Trust II	VKI	$365.72M	32.9
BlackRock, Inc.	BLK	$184.31B	25.8
Blackstone Inc.	BX	$127.43B	23.9
Brookfield Corporation	BN	$83.74B	69.5

The Asset Management industry average P/E ratio is 9.4x. Invesco Advantage Municipal Income Trust II trades at a P/E of 32.9.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

Related Asset Management Stocks

BLK

BlackRock, Inc.

$184.31B

Blackstone Inc.

$127.43B

Brookfield Corporation

$83.74B

KKR

KKR & Co. Inc.

$83.00B

BAM

Brookfield Asset Management Ltd.

$73.36B

APO

Apollo Global Management, Inc.

$65.96B

View all Asset Management stocks →

Popular Financial Services Stocks

BRK-B

Berkshire Hathaway Inc.

$1.11T

JPM

JPMorgan Chase & Co.

$890.13B

Visa Inc.

$765.68B

Mastercard Incorporated

$545.42B

BAC

Bank of America Corporation

$358.24B

View all Financial Services stocks →

About Invesco Advantage Municipal Income Trust II

Invesco Advantage Municipal Income Trust II is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations. It employs fundamental analysis with a bottom-up security selection approach to create its portfolio. The fund was formerly known as Invesco Van Kampen Advantage Municipal Income Trust II. Invesco Advantage Municipal Income Trust II was formed on August 27, 1993 and is domiciled in the United States.

Visit website →