DWS Municipal Income (KTF) vs Invesco Municipal Income Opportunities (OIA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Invesco Municipal Income Opportunities (OIA) has outperformed DWS Municipal Income (KTF) over the past year, losing 4.8% versus a loss of 12.7%. Over five years, OIA leads with a -28.1% price change compared with -32.1% for KTF. DWS Municipal Income is the larger company by market cap ($313.5 million vs $274.6 million), about 1.1 times the size.
On valuation, DWS Municipal Income trades at a lower trailing P/E (9.2x vs 30.2x for Invesco Municipal Income Opportunities). DWS Municipal Income offers the higher dividend yield (9.56% vs 6.09%).
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 | KTF | OIA |
|---|---|---|
| Share price | $8.00 | $5.73 |
| Market cap | $313.47M | $274.65M |
| 1-day change | -0.12% | +0.53% |
| YTD return | -11.88% | -5.16% |
| 1-year return | -12.75% | -4.84% |
| 5-year return | -32.12% | -28.12% |
| P/E ratio (TTM) | 9.20 | 30.16 |
| EPS (TTM) | $0.87 | $0.19 |
| Dividend yield | 9.56% | 6.09% |
| Annual dividend | $0.765 | $0.349 |
| 52-week high | $9.37 | $6.40 |
| 52-week low | $7.95 | $5.09 |
| Distance from 52-week high | -14.62% | -10.47% |
| Average volume | 253.73K | 162.52K |
| Shares outstanding | 39.18M | 47.93M |
| Sector | Finance | Finance |
| Industry | Finance Companies | 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
- Invesco Municipal Income Opportunities trades at a higher earnings multiple (30.2x vs 9.2x trailing P/E).
- DWS Municipal Income offers a meaningfully higher dividend yield (9.56% vs 6.09%).
About DWS Municipal Income
KTF stock →Deutsche Municipal Income Trust is a closed-ended fixed income mutual fund launched and managed by Deutsche Investment Management Americas, Inc. It invests in the fixed income markets of the United States.
Finance · Finance Companies
About Invesco Municipal Income Opportunities
OIA stock →Invesco Municipal Income Opportunities 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 Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc., and Invesco Canada Ltd.
Finance · Finance Companies
KTF vs OIA FAQ
Which is bigger, DWS Municipal Income or Invesco Municipal Income Opportunities?
DWS Municipal Income (KTF) is larger, with a market capitalization of $313.47M compared with $274.65M for Invesco Municipal Income Opportunities (OIA).
Which stock has performed better over the past year, KTF or OIA?
OIA returned -4.84% over the past 12 months, compared with -12.75% for KTF (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, KTF or OIA?
KTF has the lower trailing P/E at 9.2, versus 30.2 for OIA. 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, DWS Municipal Income or Invesco Municipal Income Opportunities?
DWS Municipal Income has the higher yield at 9.56%, compared with 6.09% for Invesco Municipal Income Opportunities.
Are DWS Municipal Income and Invesco Municipal Income Opportunities in the same industry?
Yes. Both are classified in the Finance Companies industry within the Finance sector.