CION Investment (CION) vs Invesco Advantage Municipal Income II (VKI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Invesco Advantage Municipal Income II (VKI) has outperformed CION Investment (CION) over the past year, losing 12.2% versus a loss of 26.1%. Over five years, VKI leads with a -38.0% price change compared with -42.7% for CION. CION Investment is the larger company by market cap ($342.5 million vs $334.6 million), about 1.0 times the size.
On valuation, Invesco Advantage Municipal Income II trades at a lower trailing P/E (30.1x vs 99.4x for CION Investment). CION Investment offers the higher dividend yield (18.97% vs 8.91%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CION | VKI |
|---|---|---|
| Share price | $6.96 | $7.53 |
| Market cap | $342.45M | $334.61M |
| 1-day change | +1.02% | -1.44% |
| YTD return | -28.75% | -16.23% |
| 1-year return | -26.07% | -12.18% |
| 5-year return | -42.68% | -38.04% |
| P/E ratio (TTM) | 99.43 | 30.12 |
| Forward P/E | 6.08 | — |
| EPS (TTM) | $0.07 | $0.25 |
| Dividend yield | 18.97% | 8.91% |
| Annual dividend | $1.32 | $0.671 |
| 52-week high | $10.40 | $9.60 |
| 52-week low | $5.83 | $7.25 |
| Distance from 52-week high | -33.08% | -21.56% |
| Analyst consensus | none | buy |
| Avg. price target upside | +25.72% | — |
| Average volume | 451.34K | 134.22K |
| Shares outstanding | 49.20M | 44.44M |
| Sector | Finance | Finance |
| Industry | Finance/Investors Services | Finance Companies |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- VKI has outperformed CION by 13.9 percentage points over the past year.
- CION Investment trades at a higher earnings multiple (99.4x vs 30.1x trailing P/E).
- CION Investment offers a meaningfully higher dividend yield (18.97% vs 8.91%).
About CION Investment
CION stock →CION Investment Corporation is a business development company. It specializes in investments in senior secured loans, including unitranche loans, First Lien, second lien loans, long-term subordinated loans, and mezzanine loans; equity interests such as warrants or options; and corporate bonds; and other debt securities in middle-market companies.
Finance · Finance/Investors Services
About Invesco Advantage Municipal Income II
VKI stock →Invesco Advantage Municipal Income Trust II is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc.
Finance · Finance Companies
CION vs VKI FAQ
Which is bigger, CION Investment or Invesco Advantage Municipal Income II?
CION Investment (CION) is larger, with a market capitalization of $342.45M compared with $334.61M for Invesco Advantage Municipal Income II (VKI).
Which stock has performed better over the past year, CION or VKI?
VKI returned -12.18% over the past 12 months, compared with -26.07% for CION (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CION or VKI?
VKI has the lower trailing P/E at 30.1, versus 99.4 for CION. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, CION Investment or Invesco Advantage Municipal Income II?
CION Investment has the higher yield at 18.97%, compared with 8.91% for Invesco Advantage Municipal Income II.
Are CION Investment and Invesco Advantage Municipal Income II in the same industry?
Both are in the Finance sector, but in different industries: Finance/Investors Services for CION Investment and Finance Companies for Invesco Advantage Municipal Income II.