# Invesco Quality Municipal Income Trust (IQI) fundamentals

Data as of 2026-11-04. NYSE, United States. Sector: Financial Services / Capital Markets. Price $9.01, market value $475 million.

## Valuation
- **P/E (trailing): 27.3×** (5-yr avg 16.7×, 3-yr avg 16.7×). Invesco Quality Municipal Income Trust trades at 27.3× trailing earnings, well above its own five-year average of 16.7×: investors are paying up relative to the company's past. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 25.9×**. Each dollar of revenue is priced at 25.9×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 0.9×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Free-cash-flow yield: 6.2%** (5-yr avg 13.1%). Free cash flow equals 6.2% of the market value, below its five-year average of 13.1%, so the shares are pricier on cash than usual. Above 5% is generally attractive.
- **Earnings yield: 3.7%**. The inverse of the P/E: 3.7% of the price is earned each year.

## Profitability
- **Net margin: 97.8%**. 97.8% of each dollar of sales reaches the bottom line.
- **Return on equity: 3.3%**. 3.3% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 2.2%**. Each dollar of assets produces 2.2% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -10.7%**. Revenue fell 10.7% over the last year.
- **Free-cash-flow growth (3 yr): -32.1%/yr**. Free cash flow has compounded at -32.1% a year over three years.

## Financial health
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend yield: 8.40%** ($0.76 per share, trailing). Invesco Quality Municipal Income Trust yields 8.40%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 140%** (85% of free cash flow). The dividend exceeds earnings (140% payout), though free cash flow still covers it.
- **Consecutive years of increases: 2**. 2 straight years of increases.
- **Dividend growth (5 yr): 4.6%/yr** (1-yr 18.7%). The dividend has grown 4.6% a year over five years.
- **Shareholder yield: 17.2%**. Dividends plus net buybacks return 17.2% of the market value a year.

## Price and momentum
- **Total return (1 yr): -4.3%** (YTD -4.9%, 3-mo -8.0%). The shares are down 4.3% over twelve months including dividends.
- **From 52-week high: -13.5%** (6.4% above the low). Trading 14% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 51**. An RSI of 51 is neutral.
- **Beta (1 yr): 0.36** (volatility 14%). Beta of 0.36 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=IQI · Page: https://foliofundamentals.com/stocks/iqi

Not investment advice.