Invesco Value Municipal Income (IIM) vs MSC Income Fund (MSIF)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
MSC Income Fund (MSIF) has outperformed Invesco Value Municipal Income (IIM) over the past year, losing 12.9% versus a loss of 15.1%. MSC Income Fund is the larger company by market cap ($531.4 million vs $498.1 million), about 1.1 times the size. On valuation, MSC Income Fund trades at a lower trailing P/E (5.5x vs 26.4x for Invesco Value Municipal Income).
MSC Income Fund offers the higher dividend yield (11.86% vs 8.75%).
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 | IIM | MSIF |
|---|---|---|
| Share price | $10.58 | $11.72 |
| Market cap | $498.10M | $531.45M |
| 1-day change | -0.52% | +0.86% |
| YTD return | -13.72% | -11.57% |
| 1-year return | -15.10% | -12.89% |
| 5-year return | -33.85% | — |
| P/E ratio (TTM) | 26.44 | 5.50 |
| Forward P/E | — | 8.08 |
| EPS (TTM) | $0.40 | $2.13 |
| Dividend yield | 8.75% | 11.86% |
| Annual dividend | $0.925 | $1.39 |
| 52-week high | $13.17 | $14.46 |
| 52-week low | $10.27 | $10.80 |
| Distance from 52-week high | -19.70% | -18.95% |
| Analyst consensus | none | none |
| Avg. price target upside | — | +21.25% |
| Average volume | 146.60K | 245.80K |
| Shares outstanding | 47.10M | 45.35M |
| Sector | Finance | Finance |
| Industry | Investment Managers | Finance/Investors Services |
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 (26.4x vs 5.5x trailing P/E).
- MSC Income Fund offers a meaningfully higher dividend yield (11.86% vs 8.75%).
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
About MSC Income Fund
MSIF stock →MSC Income Fund, Inc. is a Business Development Company specializing in middle market debt and debt and equity investments in lower middle market companies.
Finance · Finance/Investors Services
IIM vs MSIF FAQ
Which is bigger, Invesco Value Municipal Income or MSC Income Fund?
MSC Income Fund (MSIF) is larger, with a market capitalization of $531.45M compared with $498.10M for Invesco Value Municipal Income (IIM).
Which stock has performed better over the past year, IIM or MSIF?
MSIF returned -12.89% 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, IIM or MSIF?
MSIF has the lower trailing P/E at 5.5, versus 26.4 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, Invesco Value Municipal Income or MSC Income Fund?
MSC Income Fund has the higher yield at 11.86%, compared with 8.75% for Invesco Value Municipal Income.
Are Invesco Value Municipal Income and MSC Income Fund in the same industry?
Both are in the Finance sector, but in different industries: Investment Managers for Invesco Value Municipal Income and Finance/Investors Services for MSC Income Fund.