Invesco Quality Municipal Income Trust:IQI

    Manage Alerts

    Overview

    As of 6/7/2023

     Share
    Price
    NAVPremium/
    Discount
    Current$9.37$10.86-13.72%
    52 Wk Avg$9.76$10.91-10.56%
    52 Wk High$10.90$11.73-7.25%
    52 Wk Low$8.76$9.85-14.35%
    Regular Distribution TypeIncome Only
    Distribution RateN/A
    Distribution Amount 
    Distribution Frequency 
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks to achieve the Trust’s investment objective by investing at least 80% of the Trust’s total assets in investment grade municipal securities. The Fundt may invest up to 20% of its total assets in municipal securities rated below investment grade or that are unrated but determined by the Adviser to be of comparable quality at the time of purchase. The Fund does not purchase securities that are in default or rated in categories lower than B- by S&P or B3 by Moody’s or unrated securities of comparable quality

    Capital Structure

    As of 6/7/2023

    Total Investment Exposure:$881.913M
    Total Common Assets:$574.318M
    Common Shares Outstanding:52,883,797
    Leverage

    As of 6/7/2023

    Preferred Share Assets: $210.435M
    Total Debt (USD): $97.160M
    Regulatory Leverage (USD): $210.435M
    Effective Leverage (USD): $307.595M
    Effective Leverage (%): 34.88%
    Annual Expense Ratios

    As of 2/28/2023

      Per Common Share
    Management Fees0.64%
    Other Expenses:0.75%
    Baseline Expense: N/A
    Interest Expense:1.18%
    Total: 2.57%
    Fund Management

    Fund Sponsor
    Invesco Advisers, Inc

    Portfolio Managers
    Mark Paris, Julius Williams, Tim O’Reilly, John Schorle, Joshua Cooney, Rebecca Setcavage, Jim Phillips, Jack Connelly

    Basics
    Category: Fixed Income - Municipal-Municipal
    Ticker: IQI
    NAV Ticker: XIQIX
    Average Daily Volume (shares): 127,419
    Average Daily Volume (USD): $1.234M
    Inception Date: 9/29/1992
    Inception Share Price: $15.00
    Inception NAV: $14.06
    Tender Offer: No
    Term: No
    Fiscal Year End: February 28
    Third Party Links & Reports

    Distributions

    As of

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    ERROR: No data
    Taxable Equivalent Yield

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 6/7/2023

    PeriodAvg Discount
    6 Month-11.57%
    1 Year-10.56%
    3 Year-7.65%
    5 Year-8.17%
    Z-Score

    As of 6/7/2023

    PeriodZStat
    3 Month-1.24
    6 Month-1.51
    1 Year-1.83
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 5/31/2023
    Category: Morningstar US CEF Municipal

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD1.11%2.80%0.17%2.35%
    2022-26.94%-18.29%-23.58%-17.79%
    20219.16%3.57%7.96%4.69%
    20208.86%6.90%6.21%5.83%
    201917.86%9.64%19.04%10.34%
    2018-5.00%-0.03%-5.46%0.49%
    20176.39%7.73%7.59%7.85%
    20163.50%0.60%1.16%0.57%
    20158.21%5.86%7.75%5.33%
    201419.82%19.79%19.16%18.97%
    2013-13.19%-7.52%-12.56%-6.88%
    20128.56%12.76%12.59%15.20%
    201117.31%16.52%20.50%16.78%
    20109.08%3.62%  
    200937.08%31.70%  
    2008-20.15%-23.75%  
    2007-8.19%-1.74%  
    200610.85%6.16%  
    200511.49%5.80%  
    20040.94%5.50%  
    200310.80%8.05%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 5/31/2023
    Category: Morningstar US CEF Municipal

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 6/7/2023
    4.94%
    Average Maturity:
    As of 4/30/2023
    18.81 yrs
    Number of Holdings:
    As of 4/30/2023
    540
    Annual Portfolio Turnover:
    As of 2/28/2023
    41.00%
    Average Bond Price:
    As of 4/30/2023
    $94.76
    Asset Allocation

    As of 4/30/2023

    Top Sectors

    As of 4/30/2023

    Sector%Portfolio
    Municipal (Super Sector)101.67%
    US Municipal Tax Advantaged101.11%
    Municipal0.56%
    Cash Equivalents-1.67%
    Cash Equivalents (Super Sector)-1.67%
    Call Exposure

    As of 8/31/2019

    State Allocation

    As of 4/30/2023

    State% Portfolio
    California14.48%
    Texas10.54%
    New York10.01%
    Illinois6.86%
    Florida5.43%
    Puerto Rico4.11%
    Ohio3.39%
    New Jersey3.18%
    Massachusetts2.69%
    Wisonsin2.39%
    Top Holdings

    As of 4/30/2023

    HoldingValue% Portfolio
    NORTH TEX TWY AUTH REV 0%$16.30M2.09%
    WM S HART CALIF UN HIGH SCH DIST 0%$11.56M1.48%
    UNIVERSITY MASS BLDG AUTH PROJ REV 5%$10.65M1.36%
    NEW JERSEY ST TRANSN TR FD AUTH 0%$7.52M0.96%
    BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%$6.98M0.89%
    OMAHA PUB PWR DIST NEB ELEC REV 5.25%$6.81M0.87%
    PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%$6.60M0.85%
    HARRIS CNTY TEX 5.25%$6.49M0.83%
    KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG 5%$6.35M0.81%
    TEXAS TRANSN COMMN CENT TEX TPK SYS REV 5%$5.27M0.68%
    Credit Quality

    As of 4/30/2023

    Maturity Breakdown

    As of 4/30/2023

    Country Allocation

    As of 4/30/2023

    Country% Portfolio
    United States - Fixed Income97.36%
    Others - Fixed Income4.31%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

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

    TAXABLE EQUIVALENT YIELD
    1 Taxable equivalent yield is the yield or distribution rate needed from a taxable investment to be economically equal to receiving the stated tax-free yield from a municipal bond investment. Please note that the income levels shown in the calculator do not reflect (i) any federal or state limitations on the amounts of allowable itemized deductions, phaseouts of personal or dependent exemption credits or other allowable credits, (ii) any local taxes imposed, or (iii) any alternative minimum taxes or any taxes other than personal income taxes. The user is responsible for selecting the applicable federal and, as applicable, state tax rates. The stated federal tax rates for joint incomes over $250,000 include the 3.8% medicare tax imposed on the net investment income of certain taxpayers with higher incomes. This calculator is for illustrative purposes only and is not intended to represent actual performance, or to predict future performance, of any Nuveen Investments product. Certain taxpayers may find their effective marginal tax rates to be greater than those shown in the calculator. In that case, the taxable equivalent yield may be even higher.

    The Tax Cuts and Jobs Act of 2017 doubles the standard deduction and implements a limit for itemizing state and local income taxes, state and local property taxes, and sales taxes on 2018 tax filings. Since it is expected that fewer investors will deduct state income taxes for federal filing purposes, this calculator does not contemplate a federal benefit for state taxes paid, and the effective tax rate therefore represents the applicable federal income tax rate plus the applicable state income tax rate. If you itemize your deductions and have not exceeded your cap on deducting state taxes, your taxable equivalent yield will generally be lower than the rate calculated above.

    The following information applies to closed-end funds 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. Shares of closed-end funds 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 frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    EWB-2036301PR-E0222X