IIM vs. NVG
Compare and contrast key facts about Invesco Value Municipal Income Trust (IIM) and Nuveen AMT-Free Municipal Credit Income Fund (NVG).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IIM or NVG.
Correlation
The correlation between IIM and NVG is 0.40, 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.
Performance
IIM vs. NVG - Performance Comparison
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Key characteristics
IIM:
8.48%
NVG:
4.47%
IIM:
-0.34%
NVG:
-0.08%
IIM:
0.00%
NVG:
0.00%
Fundamentals
Returns By Period
IIM
N/A
N/A
N/A
N/A
N/A
N/A
NVG
N/A
N/A
N/A
N/A
N/A
N/A
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Risk-Adjusted Performance
IIM vs. NVG — Risk-Adjusted Performance Rank
IIM
NVG
IIM vs. NVG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Value Municipal Income Trust (IIM) and Nuveen AMT-Free Municipal Credit Income Fund (NVG). 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
IIM vs. NVG - Dividend Comparison
IIM's dividend yield for the trailing twelve months is around 7.46%, less than NVG's 7.69% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IIM Invesco Value Municipal Income Trust | 7.46% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NVG Nuveen AMT-Free Municipal Credit Income Fund | 7.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IIM vs. NVG - Drawdown Comparison
The maximum IIM drawdown since its inception was -0.34%, which is greater than NVG's maximum drawdown of -0.08%. Use the drawdown chart below to compare losses from any high point for IIM and NVG. For additional features, visit the drawdowns tool.
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Volatility
IIM vs. NVG - Volatility Comparison
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Financials
IIM vs. NVG - Financials Comparison
This section allows you to compare key financial metrics between Invesco Value Municipal Income Trust and Nuveen AMT-Free Municipal Credit Income Fund. 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