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 | +1.20% | +1.86% | -2.23% | +3.00% | +4.97% | +5.17% | +6.25% | -3.81% | -1.67% | -1.18% |
| Market-price total return | +2.43% | +3.09% | +0.17% | +7.43% | +12.22% | +14.59% | +13.90% | +2.12% | +3.92% | +4.88% |
| NAV return | +1.27% | -4.01% | -11.06% | -11.14% | -12.20% | -13.24% | -3.65% | -7.57% | -4.04% | -2.41% |
| NAV total return | +2.68% | -2.67% | -8.64% | -7.01% | -5.84% | -5.24% | +3.03% | -2.24% | +0.95% | +3.13% |
Performance through Oct 15, 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 | 0.11% | 0.08% | as above |
| Volatility, 5 years | 0.11% | 0.07% | as above |
| Maximum drawdown, 3 years | -12.45% | -12.00% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | 0.87 | -0.09 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | 1.29 | -0.11 | downside deviation of excess returns |
| Beta vs. benchmark proxy, 3 years | 1.34 | — | MUB (U.S. municipal bond ETF proxy), daily, aligned dates |
| Correlation, 3 years | 0.51 | — | as above |
| Observations (3y) | 752 | — | 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 Pennsylvania 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.