First High Yield Opportunities 2027 Term Fund (FTHY) vs Invesco Value Municipal Income (IIM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
First High Yield Opportunities 2027 Term Fund (FTHY) has outperformed Invesco Value Municipal Income (IIM) over the past year, losing 11.2% versus a loss of 15.1%. Over five years, IIM leads with a -33.9% price change compared with -39.0% for FTHY. Invesco Value Municipal Income is the larger company by market cap ($506.8 million vs $467.8 million), about 1.1 times the size.
On valuation, First High Yield Opportunities 2027 Term Fund trades at a lower trailing P/E (18.4x vs 26.9x for Invesco Value Municipal Income). Invesco Value Municipal Income pays a dividend yielding 8.60%, while First High Yield Opportunities 2027 Term Fund does not currently pay one.
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 | FTHY | IIM |
|---|---|---|
| Share price | $12.72 | $10.76 |
| Market cap | $467.75M | $506.81M |
| 1-day change | +0.16% | +1.22% |
| YTD return | -9.74% | -13.72% |
| 1-year return | -11.19% | -15.10% |
| 5-year return | -39.00% | -33.85% |
| P/E ratio (TTM) | 18.43 | 26.90 |
| EPS (TTM) | $0.69 | $0.40 |
| Dividend yield | 11.81% | 8.60% |
| Annual dividend | $0.00 | $0.925 |
| 52-week high | $14.42 | $13.17 |
| 52-week low | $12.54 | $10.27 |
| Distance from 52-week high | -11.79% | -18.30% |
| Analyst consensus | — | none |
| Average volume | 106.28K | 146.60K |
| Shares outstanding | 36.77M | 47.10M |
| Sector | Finance | Finance |
| Industry | Investment Managers | Investment Managers |
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
- Invesco Value Municipal Income trades at a higher earnings multiple (26.9x vs 18.4x trailing P/E).
- First High Yield Opportunities 2027 Term Fund offers a meaningfully higher dividend yield (11.81% vs 8.60%).
About Invesco Value Municipal Income
IIM stock →Invesco Value Municipal Income Trust 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 · Investment Managers
FTHY vs IIM FAQ
Which is bigger, First High Yield Opportunities 2027 Term Fund or Invesco Value Municipal Income?
Invesco Value Municipal Income (IIM) is larger, with a market capitalization of $506.81M compared with $467.75M for First High Yield Opportunities 2027 Term Fund (FTHY).
Which stock has performed better over the past year, FTHY or IIM?
FTHY returned -11.19% over the past 12 months, compared with -15.10% for IIM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FTHY or IIM?
FTHY has the lower trailing P/E at 18.4, versus 26.9 for IIM. 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, First High Yield Opportunities 2027 Term Fund or Invesco Value Municipal Income?
First High Yield Opportunities 2027 Term Fund has the higher yield at 11.81%, compared with 8.60% for Invesco Value Municipal Income.
Are First High Yield Opportunities 2027 Term Fund and Invesco Value Municipal Income in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.