Returns
| Series | 1 week | 1 month | 3 months | 6 months | YTD | 1 year | 3 years (ann.) | 5 years (ann.) | 10 years (ann.) | Since inception (ann.) |
|---|---|---|---|---|---|---|---|---|---|---|
| Market-price return | -0.38% | -11.75% | -17.59% | -15.08% | -14.04% | -16.48% | +0.28% | -7.98% | -3.63% | -1.53% |
| Market-price total return | +1.07% | -10.46% | -15.34% | -11.14% | -7.83% | -8.78% | +7.84% | -1.92% | +1.95% | +4.30% |
| NAV return | +2.02% | -3.30% | -9.59% | -9.73% | -10.67% | -12.02% | -3.33% | -7.61% | -4.01% | -1.16% |
| NAV total return | +2.02% | -3.30% | -8.40% | -6.81% | -5.47% | -5.16% | +3.17% | -2.13% | +1.05% | +4.30% |
Performance through Oct 14, 2026. Price and NAV returns are simple changes; total returns reinvest each distribution at the series value on its ex-date (first observation on/after). Periods of one year or less are cumulative; longer periods are annualised. Series are built from unadjusted prices plus the distribution record so no distribution is counted twice. Corporate actions: the vendor price series is split-adjusted; rights offerings and mergers are not restated — check Corporate Actions.
Growth of $10,000, five years
Risk statistics
| Statistic | Market price | NAV | Specification |
|---|---|---|---|
| Volatility, 1 year | 0.13% | 0.07% | annualised SD of daily total returns, √252 |
| Volatility, 3 years | 0.12% | 0.07% | as above |
| Volatility, 5 years | 0.13% | 0.07% | as above |
| Maximum drawdown, 3 years | -18.12% | -11.13% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | 0.35 | -0.07 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | 0.49 | -0.09 | downside deviation of excess returns |
| Beta vs. benchmark proxy, 3 years | 1.66 | — | MUB (U.S. municipal bond ETF proxy), daily, aligned dates |
| Correlation, 3 years | 0.59 | — | as above |
| Observations (3y) | 751 | — | minimum 60; rankings require 500 |
Market-price and NAV volatility are different quantities and are never mixed. NAV volatility for funds holding stale-marked or illiquid assets can understate economic risk.
CEF Explorer research page for Invesco Value Municipal Income Trust. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.