Franklin Municipal Opportunities (PMO) 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
Franklin Municipal Opportunities (PMO) has outperformed Invesco Advantage Municipal Income II (VKI) over the past year, losing 9.6% versus a loss of 13.4%. Over five years, PMO leads with a -32.3% price change compared with -38.0% for VKI. On valuation, Franklin Municipal Opportunities trades at a lower trailing P/E (11.0x vs 30.1x for Invesco Advantage Municipal Income II).
Invesco Advantage Municipal Income II offers the higher dividend yield (8.91% vs 5.06%).
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 | PMO | VKI |
|---|---|---|
| Share price | $9.33 | $7.53 |
| Market cap | — | $334.61M |
| 1-day change | +2.19% | -1.44% |
| YTD return | -12.80% | -17.43% |
| 1-year return | -9.59% | -13.45% |
| 5-year return | -32.34% | -38.04% |
| P/E ratio (TTM) | 10.98 | 30.12 |
| EPS (TTM) | $0.85 | $0.25 |
| Dividend yield | 5.06% | 8.91% |
| Annual dividend | $0.472 | $0.671 |
| 52-week high | $10.87 | $9.60 |
| 52-week low | $8.87 | $7.25 |
| Distance from 52-week high | -14.17% | -21.56% |
| Analyst consensus | — | buy |
| Average volume | 89.51K | 134.22K |
| Shares outstanding | — | 44.44M |
| 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 Advantage Municipal Income II trades at a higher earnings multiple (30.1x vs 11.0x trailing P/E).
- Invesco Advantage Municipal Income II offers a meaningfully higher dividend yield (8.91% vs 5.06%).
About Franklin Municipal Opportunities
PMO stock →Putnam Municipal Opportunities Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited.
Finance · Finance Companies
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
PMO vs VKI FAQ
Which stock has performed better over the past year, PMO or VKI?
PMO returned -9.59% over the past 12 months, compared with -13.45% for VKI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, PMO or VKI?
PMO has the lower trailing P/E at 11.0, versus 30.1 for VKI. 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, Franklin Municipal Opportunities or Invesco Advantage Municipal Income II?
Invesco Advantage Municipal Income II has the higher yield at 8.91%, compared with 5.06% for Franklin Municipal Opportunities.
Are Franklin Municipal Opportunities and Invesco Advantage Municipal Income II in the same industry?
Yes. Both are classified in the Finance Companies industry within the Finance sector.