CEF Advisors

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

Back To Fund Screener

Invsc Muni Incm Opp Tr (OIA)

National Muni Bond Funds - Muni High Yield

Data as of April 26, 2018
Current
Market Price $7.50 (+ $0.07)
NAV (April 26, 2018) $7.36 ( $0.00)
Premium / Discount 1.90% (+0.95%)
Fund Info
Inception Sept. 19, 1988
Sponsor Invesco Advisers
Website https://www.invesco.co...
Phone (800) 959-4246
NAV Symbol XOIAX
Objective: High current income exempt from federal income tax; medium- and lower-grade municipal securities
Related Indexes
High Yield Municipal Index
Capital & Leverage
Outstanding Shares 47,474,502
Gross Assets (Reported: Aug. 31, 2017) $433M
Estimated Gross Assets $375M
Net Assets $349M
Market Cap $356M
Purchases Turnover 12.77%
Sales Turnover 13.67%
Total Leverage 23.00%
Structural Leverage (out of total) 6.70%
Portfolio Leverage (out of total) 16.30%
Expense Ratio 1.00%
Non Lev Exp Ratio 0.75%
Rel Lev Cost 0.91%
Discount Data
Average Discount (3 Yr) -0.39%
Discount Low(3 Yr) -11.58%
Discount High(3 Yr) 8.45%
Discount Rel Range 67.30%
Comp Discount 7.85
Discount St Dev (1Yr) 1.82
Z-Stat
Z-Stat (6mo) -0.67
Z-Stat (1Yr) -1.07
Z-Stat (3Yr) 0.45
Comp Z-Stat (6mo) 0.13
Comp Z-Stat (3Yr) 1.47
Distribution Data
Market Yield 5.50%
Income Yield 5.50%
Lev Adj NAV Yield 4.56%
Distribution Frequency M
Current Distribution $0.034
Current Income $0.034
Ex-Date 4/16/18
Payable Date 4/30/18
Div Growth (3yr) 4.88%
Dividend Change 4.9% on 9/1/16
Expected Div 5/1/18
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Volume & Liquidity
Average Daily $ (M) $582
Avg Volume 30 day 65,883
Avg Volume 90 day 77,575
Volume Trend -15.07%
Comp Volume Trend -7.51%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
18.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
18.0%
Price Correlation (1yr)
vs. CEFA's High Yield Municipal Index
65.0%
Most Correlated Peer (Mk Pr): CXE 56.0%
NAV - Price Correlation (30 d) 35.1%
NAV - Price Correlation (90 d) 83.4%
NAV - Price Correlation (1 Yr) 88.0%
Price St Dev (1Yr) 9.7%
NAV St Dev (1Yr) 2.9%
Earnings
Earnings / Share (12/31/17) $0.031
Earn Coverage 89.24%
Earnings Trend Down
UNII / Share (12/31/17) $0.020
Rel UNII 4.80
UNII Trend Down
Bond Specific Data
Maturity 20.78
Duration 10.30
Credit Rating (rbo) A
Investment Grade 42.35%
Non Investment Grade 20.44%
Unrated Bonds 37.23%
Average Bond Price 109.30
Discount vs Price 11.20
Coupon 4.22%
Zero Coupon 7.94%
AMT 7.36%
AMT Yield 5.39%
Bond Calls Risk 17.99%
Performance
NAV Beta (2yr)
vs. S&P 500 (TR)
-0.05
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
0.10
NAV Beta (2yr)
vs. CEFA's High Yield Municipal Index
0.74

DISCLOSURES:

CEFData.com makes data for the universe of closed-end funds (CEFs) and business development companies (BDCs) available to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.

NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

© Closed-End Fund Advisors Inc.(CEFadvisors) and CEFdata.com 2016. All rights reserved. Any copying, republication or redistribution of CEFadvisors, CEFdata.com, content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of CEFAdvisors. CEFAdvisors shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.