Market price, NAV and premium/discount
Premium/discount statistics
| Window | Average | Std. dev. | Z-score | Observations | Minimum sample |
|---|---|---|---|---|---|
| 3 months | +4.40% | 2.29% | -1.77 | 55 | 40 |
| 6 months | +4.28% | 1.71% | -2.31 | 108 | 80 |
| 1 year | +4.97% | 2.01% | -2.31 | 206 | 160 |
| 3 years | -2.65% | — | — | — | 500 |
| 5 years | -5.53% | — | — | — | 900 |
How to read this. Premium/discount = (price ÷ NAV − 1) × 100; negative is a discount. Averages and standard deviations use daily pairs where a closing price and a NAV were both published for the same date — NAV is never forward-filled. Z = (current − window average) ÷ window standard deviation, suppressed below the minimum sample or when the standard deviation is zero. A discount does not guarantee convergence to NAV or a profitable investment; a negative Z-score describes a wider-than-usual discount for this fund, not undervaluation.
Premium/discount and NAV per share as reported in SEC filings
| Period end | Form | NAV / share | Share price | Reported prem/disc | Source |
|---|---|---|---|---|---|
| Sep 8, 2025 | N-2 | $10.13 | $10.44 | +3.06% | EDGAR filing |
| Feb 29, 2020 | N-2 | $13.90 | $12.60 | — | EDGAR filing |
| Feb 28, 2019 | N-2 | $12.81 | $12.02 | — | EDGAR filing |
| Feb 28, 2018 | N-2 | $13.00 | $11.86 | — | EDGAR filing |
| Feb 28, 2017 | N-2 | $13.28 | $12.40 | — | EDGAR filing |
| Feb 29, 2016 | N-2 | $13.95 | $13.49 | — | EDGAR filing |
| Feb 28, 2015 | N-2 | $13.83 | — | — | EDGAR filing |
Inline XBRL facts tagged by the fund (cef: and us-gaap: taxonomies). These are the fund's own reported figures for the stated dates.
CEF Explorer research page for Invesco California 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.