IIM vs. PMO
Compare and contrast key facts about Invesco Value Municipal Income Trust (IIM) and Putnam Municipal Opportunities Trust (PMO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IIM or PMO.
Key characteristics
| IIM | PMO | |
|---|---|---|
| YTD Return | 11.46% | 4.77% |
| 1Y Return | 21.57% | 12.64% |
| 3Y Return (Ann) | -4.76% | -5.32% |
| 5Y Return (Ann) | 0.74% | 0.41% |
| 10Y Return (Ann) | 2.64% | 3.84% |
| Sharpe Ratio | 2.24 | 1.22 |
| Sortino Ratio | 3.38 | 1.76 |
| Omega Ratio | 1.43 | 1.23 |
| Calmar Ratio | 0.71 | 0.44 |
| Martin Ratio | 11.82 | 4.44 |
| Ulcer Index | 1.83% | 2.87% |
| Daily Std Dev | 9.63% | 10.49% |
| Max Drawdown | -40.15% | -36.46% |
| Current Drawdown | -15.15% | -20.27% |
Fundamentals
| IIM | PMO | |
|---|---|---|
| Market Cap | $592.69M | $326.44M |
| EPS | $1.17 | $0.59 |
| PE Ratio | 10.76 | 17.81 |
| PEG Ratio | 0.00 | 0.00 |
| Total Revenue (TTM) | $42.73M | $9.27M |
| Gross Profit (TTM) | $37.21M | $8.09M |
| EBITDA (TTM) | $43.27M | $52.57M |
Correlation
The correlation between IIM and PMO is 0.31, 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. PMO - Performance Comparison
In the year-to-date period, IIM achieves a 11.46% return, which is significantly higher than PMO's 4.77% return. Over the past 10 years, IIM has underperformed PMO with an annualized return of 2.64%, while PMO has yielded a comparatively higher 3.84% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
IIM vs. PMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Value Municipal Income Trust (IIM) and Putnam Municipal Opportunities Trust (PMO). 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.
Dividends
IIM vs. PMO - Dividend Comparison
IIM's dividend yield for the trailing twelve months is around 5.77%, more than PMO's 4.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IIM Invesco Value Municipal Income Trust | 5.77% | 4.73% | 5.88% | 4.51% | 4.48% | 4.62% | 5.41% | 4.99% | 5.52% | 5.20% | 5.49% | 6.67% |
PMO Putnam Municipal Opportunities Trust | 4.05% | 4.63% | 5.86% | 4.42% | 5.62% | 4.84% | 5.53% | 5.25% | 5.92% | 5.86% | 6.01% | 6.35% |
Drawdowns
IIM vs. PMO - Drawdown Comparison
The maximum IIM drawdown since its inception was -40.15%, which is greater than PMO's maximum drawdown of -36.46%. Use the drawdown chart below to compare losses from any high point for IIM and PMO. For additional features, visit the drawdowns tool.
Volatility
IIM vs. PMO - Volatility Comparison
The current volatility for Invesco Value Municipal Income Trust (IIM) is 3.29%, while Putnam Municipal Opportunities Trust (PMO) has a volatility of 4.13%. This indicates that IIM experiences smaller price fluctuations and is considered to be less risky than PMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
IIM vs. PMO - Financials Comparison
This section allows you to compare key financial metrics between Invesco Value Municipal Income Trust and Putnam Municipal Opportunities 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