PMO vs. IIM
Compare and contrast key facts about Putnam Municipal Opportunities Trust (PMO) 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: PMO or IIM.
Correlation
The correlation between PMO and IIM is 0.32, 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
PMO vs. IIM - Performance Comparison
Key characteristics
PMO:
0.29
IIM:
0.82
PMO:
0.46
IIM:
1.23
PMO:
1.06
IIM:
1.16
PMO:
0.12
IIM:
0.35
PMO:
0.92
IIM:
2.90
PMO:
3.45%
IIM:
3.03%
PMO:
10.83%
IIM:
10.72%
PMO:
-36.46%
IIM:
-40.15%
PMO:
-24.08%
IIM:
-17.94%
Fundamentals
PMO:
$287.68M
IIM:
$543.64M
PMO:
$2.15
IIM:
$1.17
PMO:
4.52
IIM:
9.87
PMO:
0.00
IIM:
0.00
PMO:
13.47
IIM:
12.27
PMO:
0.85
IIM:
0.85
PMO:
$9.27M
IIM:
$20.99M
PMO:
$8.09M
IIM:
$18.12M
PMO:
$52.57M
IIM:
$23.73M
Returns By Period
In the year-to-date period, PMO achieves a -3.28% return, which is significantly lower than IIM's -0.25% return. Over the past 10 years, PMO has outperformed IIM with an annualized return of 2.88%, while IIM has yielded a comparatively lower 1.84% annualized return.
PMO
-3.28%
-5.27%
-9.03%
2.67%
0.15%
2.88%
IIM
-0.25%
-2.86%
-5.30%
8.60%
1.03%
1.84%
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Risk-Adjusted Performance
PMO vs. IIM — Risk-Adjusted Performance Rank
PMO
IIM
PMO vs. IIM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Municipal Opportunities Trust (PMO) 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.
Dividends
PMO vs. IIM - Dividend Comparison
PMO's dividend yield for the trailing twelve months is around 4.33%, less than IIM's 7.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PMO Putnam Municipal Opportunities Trust | 4.33% | 4.15% | 4.64% | 5.87% | 4.42% | 5.63% | 4.85% | 5.55% | 5.26% | 5.88% | 5.81% | 5.95% |
IIM Invesco Value Municipal Income Trust | 7.77% | 6.58% | 4.72% | 5.87% | 4.51% | 4.48% | 4.61% | 5.43% | 4.99% | 5.52% | 5.20% | 5.49% |
Drawdowns
PMO vs. IIM - Drawdown Comparison
The maximum PMO drawdown since its inception was -36.46%, smaller than the maximum IIM drawdown of -40.15%. Use the drawdown chart below to compare losses from any high point for PMO and IIM. For additional features, visit the drawdowns tool.
Volatility
PMO vs. IIM - Volatility Comparison
The current volatility for Putnam Municipal Opportunities Trust (PMO) is 5.05%, while Invesco Value Municipal Income Trust (IIM) has a volatility of 5.54%. This indicates that PMO experiences smaller price fluctuations and is considered to be less risky than IIM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
PMO vs. IIM - Financials Comparison
This section allows you to compare key financial metrics between Putnam Municipal Opportunities Trust 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