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 | +2.74% | -8.11% | -13.73% | -11.15% | -10.78% | -11.96% | +0.63% | -8.22% | -3.94% | -2.65% |
| Market-price total return | +4.24% | -6.77% | -11.32% | -6.90% | -4.08% | -3.50% | +8.38% | -2.09% | +1.86% | +3.62% |
| NAV return | +2.28% | -3.65% | -10.47% | -10.56% | -11.35% | -12.56% | -3.55% | -7.85% | -4.37% | -2.83% |
| NAV total return | +2.28% | -3.65% | -9.29% | -7.65% | -6.18% | -5.74% | +2.91% | -2.43% | +0.83% | +3.04% |
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 | 0.11% | 0.07% | annualised SD of daily total returns, √252 |
| Volatility, 3 years | 0.11% | 0.09% | as above |
| Volatility, 5 years | 0.12% | 0.08% | as above |
| Maximum drawdown, 3 years | -15.26% | -12.09% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | 0.42 | -0.08 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | 0.61 | -0.11 | 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 | 0.63 | — | 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 Municipal Trust. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.