Invesco Advantage Municipal Income Trust II

Invesco Advantage Municipal Income Trust II is a diversified, closed-end fixed income mutual fund launched by Invesco Ltd. and co-managed by several Invesco affiliates, including Invesco Advisers, Inc.. The fund was formed on August 27, 1993, and is domiciled in the United States. Its primary investment objective is to provide common shareholders with a high level of current income that is exempt from federal income tax, while also preserving capital. The fund primarily invests in investment-grade municipal securities within the United States, which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations. It employs a fundamental analysis with a bottom-up security selection approach to construct its portfolio. The closed-end fund structure allows for investment decisions based on relative value, rather than shareholder inflows and outflows. The fund also utilizes moderate leverage through preferred shares and financing agreements to enhance its tax-exempt yield. As of March 31, 2026, the fund had common assets of approximately $392.5 million and total assets of $622.1 million. Sources: [1] https://seekingalpha.com/symbol/VKI [2] https://www.perplexity.ai/finance/VKI?comparing=VKI,HAFCX,ITTAX,VKQ,VGM,VVR [3] https://markets.businessinsider.com/funds/invesco-advantage-municipal-income-trust-ii-us46132e1038 [4] https://www.stocktitan.net/sec-filings/VKI/n-2-invesco-advantage-municipal-income-trust-ii-sec-filing-288a7612cf99.html [5] https://www.invesco.com/us-rest/contentdetail?contentId=4ca066b451c41410VgnVCM100000c2f1bf0aRCRD&dnsName=us [6] https://www.invesco.com/content/dam/invesco/us/en/product-documents/others/fact-sheet/invesco-advantage-municipal-income-trust-ii-fact-sheet.pdf