Invesco Advantage Municipal Income Trust II

# Invesco Advantage Municipal Income Trust II

Invesco Advantage Municipal Income Trust II is a closed-end municipal bond fund incorporated in Massachusetts and headquartered in Atlanta, Georgia. The fund invests exclusively in U.S. fixed income markets, with a portfolio concentrated in investment-grade municipal securities including municipal bonds, notes, commercial paper, and lease obligations. The fund employs fundamental analysis with a bottom-up security selection approach to construct its portfolio.

The fund is managed by multiple Invesco subsidiaries, including Invesco Advisers, Inc. and international affiliates across Japan, Germany, Canada, and Hong Kong. As a closed-end fund structure, VKI issues a fixed number of shares and trades on the New York Stock Exchange, distinguishing it from open-end mutual funds. The fund generates revenue primarily through management fees charged on assets under administration, with distributions to shareholders funded through interest income and potential capital gains from the municipal securities portfolio.

As a specialized investment vehicle within Invesco Ltd.'s broader asset management platform, the fund maintains a market capitalization of approximately $400 million. The fund was originally established in 1993 under the name Invesco Van Kampen Advantage Municipal Income Trust II before being rebranded.