Correlation
The correlation between BLE and IIM is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
BLE vs. IIM
Compare and contrast key facts about BlackRock Municipal Income Trust II (BLE) and Invesco Value Municipal Income Trust (IIM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLE or IIM.
Performance
BLE vs. IIM - Performance Comparison
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Key characteristics
BLE:
0.12
IIM:
0.50
BLE:
0.28
IIM:
0.78
BLE:
1.04
IIM:
1.10
BLE:
0.07
IIM:
0.26
BLE:
0.40
IIM:
1.56
BLE:
4.68%
IIM:
3.45%
BLE:
11.48%
IIM:
10.24%
BLE:
-55.26%
IIM:
-40.15%
BLE:
-25.01%
IIM:
-16.86%
Fundamentals
BLE:
$475.36M
IIM:
$547.41M
BLE:
$0.24
IIM:
$0.45
BLE:
41.50
IIM:
25.84
BLE:
0.00
IIM:
0.00
BLE:
12.49
IIM:
12.40
BLE:
0.85
IIM:
0.88
BLE:
$37.21M
IIM:
$35.06M
BLE:
$30.96M
IIM:
$22.00M
BLE:
$23.41M
IIM:
$45.15M
Returns By Period
In the year-to-date period, BLE achieves a -2.71% return, which is significantly lower than IIM's 1.09% return. Over the past 10 years, BLE has underperformed IIM with an annualized return of 1.83%, while IIM has yielded a comparatively higher 3.06% annualized return.
BLE
-2.71%
-0.76%
-7.08%
1.40%
-0.21%
-2.13%
1.83%
IIM
1.09%
-1.55%
-4.69%
5.10%
0.06%
1.10%
3.06%
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Risk-Adjusted Performance
BLE vs. IIM — Risk-Adjusted Performance Rank
BLE
IIM
BLE vs. IIM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Municipal Income Trust II (BLE) and Invesco Value Municipal Income Trust (IIM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
BLE vs. IIM - Dividend Comparison
BLE's dividend yield for the trailing twelve months is around 6.43%, less than IIM's 7.95% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BLE BlackRock Municipal Income Trust II | 6.43% | 5.99% | 4.05% | 5.91% | 4.93% | 4.64% | 4.60% | 5.72% | 5.97% | 6.30% | 6.19% | 6.22% |
IIM Invesco Value Municipal Income Trust | 7.95% | 6.58% | 4.72% | 5.87% | 4.51% | 4.48% | 4.61% | 5.43% | 4.99% | 5.52% | 5.20% | 5.49% |
Drawdowns
BLE vs. IIM - Drawdown Comparison
The maximum BLE drawdown since its inception was -55.26%, which is greater than IIM's maximum drawdown of -40.15%. Use the drawdown chart below to compare losses from any high point for BLE and IIM.
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Volatility
BLE vs. IIM - Volatility Comparison
BlackRock Municipal Income Trust II (BLE) has a higher volatility of 3.09% compared to Invesco Value Municipal Income Trust (IIM) at 2.72%. This indicates that BLE's price experiences larger fluctuations and is considered to be riskier than IIM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
BLE vs. IIM - Financials Comparison
This section allows you to compare key financial metrics between BlackRock Municipal Income Trust II and Invesco Value Municipal Income Trust. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BLE vs. IIM - Profitability Comparison
BLE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, BlackRock Municipal Income Trust II reported a gross profit of 16.08M and revenue of 18.29M. Therefore, the gross margin over that period was 87.9%.
IIM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Invesco Value Municipal Income Trust reported a gross profit of 3.88M and revenue of 14.06M. Therefore, the gross margin over that period was 27.6%.
BLE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, BlackRock Municipal Income Trust II reported an operating income of 5.33M and revenue of 18.29M, resulting in an operating margin of 29.2%.
IIM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Invesco Value Municipal Income Trust reported an operating income of -2.31M and revenue of 14.06M, resulting in an operating margin of -16.4%.
BLE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, BlackRock Municipal Income Trust II reported a net income of -671.95K and revenue of 18.29M, resulting in a net margin of -3.7%.
IIM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Invesco Value Municipal Income Trust reported a net income of 5.02M and revenue of 14.06M, resulting in a net margin of 35.7%.