Invesco Value Municipal Income (IIM) vs Nuveen California AMT-Free Quality Municipal Income Fund (NKX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Nuveen California AMT-Free Quality Municipal Income Fund is the larger company by market cap ($588.2 million vs $512.0 million), about 1.1 times the size. On valuation, Nuveen California AMT-Free Quality Municipal Income Fund trades at a lower trailing P/E (24.3x vs 27.2x for Invesco Value Municipal Income). Nuveen California AMT-Free Quality Municipal Income Fund offers the higher dividend yield (8.73% vs 8.51%).
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 | NKX |
|---|---|---|
| Share price | $10.87 | $10.44 |
| Market cap | $511.99M | $588.22M |
| 1-day change | +1.02% | +0.40% |
| YTD return | -12.66% | — |
| 1-year return | -14.81% | — |
| 5-year return | -33.04% | — |
| P/E ratio (TTM) | 27.18 | 24.28 |
| EPS (TTM) | $0.40 | $0.43 |
| Dividend yield | 8.51% | 8.73% |
| Annual dividend | $0.925 | $0.912 |
| 52-week high | $13.17 | $13.20 |
| 52-week low | $10.27 | $10.30 |
| Distance from 52-week high | -17.46% | -20.89% |
| Analyst consensus | none | — |
| Average volume | 148.39K | 215.11K |
| Shares outstanding | 47.10M | 56.33M |
| 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.
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 Nuveen California AMT-Free Quality Municipal Income Fund
NKX stock →Nuveen California AMT-Free Quality Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Asset Management, LLC and Nuveen Fund Advisors LLC.
Finance · Finance/Investors Services
IIM vs NKX FAQ
Which is bigger, Invesco Value Municipal Income or Nuveen California AMT-Free Quality Municipal Income Fund?
Nuveen California AMT-Free Quality Municipal Income Fund (NKX) is larger, with a market capitalization of $588.22M compared with $511.99M for Invesco Value Municipal Income (IIM).
Which has the lower P/E ratio, IIM or NKX?
NKX has the lower trailing P/E at 24.3, versus 27.2 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 Nuveen California AMT-Free Quality Municipal Income Fund?
Nuveen California AMT-Free Quality Municipal Income Fund has the higher yield at 8.73%, compared with 8.51% for Invesco Value Municipal Income.
Are Invesco Value Municipal Income and Nuveen California AMT-Free Quality Municipal 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 Nuveen California AMT-Free Quality Municipal Income Fund.