Invesco Advantage Municipalome Trust II (Invesco Advantage Municipalome Trust II) Total Assets : $700.92 Mil (As of Feb. 2024)

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What is Invesco Advantage Municipalome Trust II Total Assets?

Invesco Advantage Municipalome Trust II's Total Assets for the quarter that ended in Feb. 2024 was $700.92 Mil.

During the past 12 months, Invesco Advantage Municipalome Trust II's average Total Assets Growth Rate was -0.40% per year. During the past 3 years, the average Total Assets Growth Rate was -7.30% per year. During the past 5 years, the average Total Assets Growth Rate was -5.30% per year. During the past 10 years, the average Total Assets Growth Rate was -2.70% per year.

During the past 13 years, Invesco Advantage Municipalome Trust II's highest 3-Year average Total Assets Growth Rate was 1.50%. The lowest was -8.60%. And the median was -0.70%.

Total Assets is connected with ROA %. Invesco Advantage Municipalome Trust II's annualized ROA % for the quarter that ended in Feb. 2024 was 7.96%. Total Assets is also linked to Revenue through Asset Turnover. Invesco Advantage Municipalome Trust II's Asset Turnover for the quarter that ended in Feb. 2024 was 0.04.

Invesco Advantage Municipalome Trust II Total Assets Historical Data

The historical data trend for Invesco Advantage Municipalome Trust II's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Invesco Advantage Municipalome Trust II Total Assets Chart

Invesco Advantage Municipalome Trust II Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Total Assets

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922.39

882.28

853.65

717.27

700.92

Invesco Advantage Municipalome Trust II Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Total Assets	Get a 7-Day Free Trial															853.65	768.89	717.27	700.99	700.92

Invesco Advantage Municipalome Trust II Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Invesco Advantage Municipalome Trust II's Total Assets for the fiscal year that ended in Feb. 2024 is calculated as

Total Assets	=	Total Equity (A: Feb. 2024 )	+	Total Liabilities (A: Feb. 2024 )
	=	437.952	+	262.965
	=	700.92

Invesco Advantage Municipalome Trust II's Total Assets for the quarter that ended in Feb. 2024 is calculated as

Total Assets	=	Total Equity (Q: Feb. 2024 )	+	Total Liabilities (Q: Feb. 2024 )
	=	437.952	+	262.965
	=	700.92

Invesco Advantage Municipalome Trust II (AMEX:VKI) Total Assets Explanation

Total Assets is connected with ROA %.

Invesco Advantage Municipalome Trust II's annualized ROA % for the quarter that ended in Feb. 2024 is

ROA %	=	Net Income (Q: Feb. 2024 )	/	( (Total Assets (Q: Aug. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
	=	55.818	/	( (700.985	+	700.916)	/ 2 )
	=	55.818	/	700.9505
	=	7.96 %

Note: The Net Income data used here is two times the semi-annual (Feb. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Invesco Advantage Municipalome Trust II's Asset Turnover for the quarter that ended in Feb. 2024 is

	Asset Turnover
=	Revenue (Q: Feb. 2024 )	/	( (Total Assets (Q: Aug. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
=	28.079	/	( (700.985	+	700.916)	/ 2 )
=	28.079	/	700.9505
=	0.04

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Invesco Advantage Municipalome Trust II Total Assets Related Terms

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Invesco Advantage Municipalome Trust II (Invesco Advantage Municipalome Trust II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Invesco Advantage Municipal Income Trust II (AMEX:VKI) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1555 Peachtree Street, N.E., Suite 1800, Atlanta, GA, USA, 30309

Website

https://www.invesco.com

Invesco Advantage Municipal Income Trust II is a diversified, closed-end management investment company. The investment objective of the company is to provide common shareholders with a high level of current income exempt from federal income tax, consistent with preservation of capital.

Executives

Glenn Eugene Brightman	officer: President & PEO	570 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Stephanie Butcher	officer: Senior Vice President	1555 PEACHTREE ST. NE, ATLANTA GA 30309
Tony Wong	director, officer: Senior Vice President	1331 SPRING STREET NW, SUITE 2500, ATLANTA GA 30309
Melanie Ringold	officer: SVP, CLO and Secretary	1555 PEACHTREE STREE NE, SUITE 1800, ATLANTA GA 30309
Timothy M O'reilly	other: Portfolio Manager	1555 PEACHTREE STREET NE, SUITE 1800, ATLANTA GA 30309
Mark William Gregson	officer: Chief Accounting Officer	1555 PEACHTREE STREET NE, ATLANTA GA 30309
Terry Vacheron	officer: Chief Financial Officer	1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Bordewick James R Jr	officer: Senior Officer & SVP	C/O BANC OF AMERICA INVESTMENT ADVISORS, 100 FEDERAL STREET, BOSTON MA 02110
Rebecca Setcavage	other: Portfolio Manager	1555 PEACHTREE ST NE SUITE 1800, ATLANTA GA 30309
Josh Cooney	other: Portfolio Manager	1555 PEACHTREE ST NE SUITE 1800, ATLANTA GA 30309
Adrien Deberghes	officer: Vice President,PFO & Treasurer	1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Banc Of America Preferred Funding Corp	10 percent owner	214 NORTH TRYON STREET, CHARLOTTE NC 28255
Laura Allison Dukes	officer: SMD and CFO	780 JOHNSON FERRY ROAD, SUITE 800, ATLANTA GA 30342
Kevin M Carome	director
Annette Lege	director, officer: CFO & CAO	1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309