VMIIX Performance — Invesco Municipal Income Fund, Class Y
Data updated: 2026-07-30
VMIIX returned +2.13% year to date and +6.79% over one year to May 2026. Annualised returns are +3.93% over 3 years and +0.50% over 5 years. Against its Long-Term Municipal Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $112, against $112 for the category, and to $107 over one year, against $107. Volatility over the past three years was 6.79% a year. In the 12 months to May 2026 the fund lost a net $429.4M, and assets reached $2.68B.
VMIIX Growth of $100
What $100 invested in Invesco Municipal Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Term Municipal Bond category average over the same months.
| Period | VMIIX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $107 | $107 |
| 3 years (Jun 2023 – May 2026) | $112 | $112 |
| 5 years (Jun 2021 – May 2026) | $103 | $103 |
| Since data start (Sep 2019 – May 2026) | $110 | $109 |
VMIIX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +2.13% |
| 1 year | +6.79% |
| 3 years (annualised) | +3.93% |
| 5 years (annualised) | +0.50% |
VMIIX Annual Returns
Calendar-year total returns of Invesco Municipal Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +2.13% |
| 2025 | +1.98% |
| 2024 | +2.96% |
| 2023 | +7.43% |
| 2022 | −12.26% |
| 2021 | +3.88% |
| 2020 | +4.91% |
| 2019 (Sep–Dec) | +0.01% |
VMIIX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.6% | +1.6% | −2.0% | +1.3% | +0.6% | — | — | — | — | — | — | — |
| 2025 | +0.2% | +1.1% | −1.9% | −0.9% | −0.9% | +0.4% | −1.3% | +0.7% | +3.5% | +1.3% | +0.2% | −0.2% |
| 2024 | +0.1% | +0.1% | +0.2% | −1.1% | +0.2% | +1.8% | +0.9% | +0.6% | +1.2% | −1.2% | +1.6% | −1.3% |
| 2023 | +3.8% | −2.7% | +2.0% | +0.2% | −0.6% | +1.2% | +0.3% | −1.4% | −3.4% | −2.3% | +8.1% | +2.6% |
| 2022 | −2.8% | −0.7% | −3.4% | −3.2% | +1.1% | −3.0% | +3.1% | −2.8% | −4.5% | −1.8% | +6.0% | −0.4% |
| 2021 | +1.2% | −1.7% | +0.9% | +1.2% | +0.9% | +0.7% | +0.9% | −0.5% | −0.9% | −0.2% | +1.2% | +0.2% |
| 2020 | +2.1% | +2.1% | −7.2% | −2.8% | +3.5% | +2.5% | +2.2% | −0.2% | −0.1% | −0.2% | +2.2% | +1.2% |
| 2019 | — | — | — | — | — | — | — | — | −0.7% | 0.0% | +0.3% | +0.3% |
VMIIX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 6.79%
- 3-year Sharpe ratio: -0.08 (vs 4.5% risk-free rate)
- Best month: +8.12% (Nov 2023)
- Worst month: −3.42% (Sep 2023)
VMIIX Fund Flows
Monthly money in and out of Invesco Municipal Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$429.4M
- 12-month gross sales (incl. reinvestments): $545.6M
- Sales ÷ redemptions: 0.56×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $33.2M | $55.9M | −$22.8M |
| Apr 2026 | $40.3M | $70.0M | −$29.7M |
| Mar 2026 | $39.5M | $62.9M | −$23.5M |
| Feb 2026 | $40.4M | $60.0M | −$19.6M |
| Jan 2026 | $49.8M | $64.7M | −$14.9M |
| Dec 2025 | $74.3M | $137.6M | −$63.3M |
| Nov 2025 | $41.8M | $69.8M | −$28.0M |
| Oct 2025 | $42.3M | $79.3M | −$37.0M |
| Sep 2025 | $42.1M | $81.3M | −$39.2M |
| Aug 2025 | $48.3M | $104.1M | −$55.8M |
| Jul 2025 | $47.1M | $100.3M | −$53.2M |
| Jun 2025 | $46.6M | $89.1M | −$42.4M |
VMIIX Assets Under Management
Net assets of Invesco Municipal Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $2.68B |
| 2026-02-28 | $2.78B |
| 2025-11-30 | $2.86B |
| 2025-08-31 | $2.85B |
| 2025-05-31 | $3.04B |
| 2025-02-28 | $3.38B |
| 2024-11-30 | $3.52B |
| 2024-08-31 | $3.46B |
| 2024-05-31 | $3.36B |
| 2024-02-29 | $3.39B |
| 2023-11-30 | $3.25B |
| 2023-08-31 | $3.22B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.