IQI - Invesco Quality Municipal Income Trust
A closed-end fund run by Invesco. Invests in tax-free municipal bonds. Listed on the New York Stock Exchange.
Is anyone targeting this fund?
Not right now - Karpus was in this fund until Aug 8, 2024 and has since sold down.
Is the fund doing anything you need to act on?
Nothing right now.
What this means for you
Karpus owned more than 5% of this fund and has since sold down below that level, so it no longer has to report its holding.
Nothing is required of you. If a large investor buys in again, the notice appears here the day it is filed.
What happened, and when
-
April 29, 2025
The fund said it will repay some borrowed money on May 29, 2025.
Original document → -
Aug 8, 2024
Karpus sold down below 5% and stopped reporting.
Original document → -
Feb 13, 2024
Karpus now owns 5.2%, as a passive investor.
Original document →
About this fund
- Run by Invesco Advisers, Inc. As of Feb 28, 2026, from the fund's yearly report. Original document →
- Size: about $535 million of holdings, as of May 31, 2026. As of May 31, 2026, from the fund's quarterly holdings report. Original document →
- Borrowing: the fund borrows about 34% on top of its own money, as of May 31, 2026. Borrowed money makes gains and losses bigger. About 56% of that is money the fund has borrowed by selling preferred shares. As of May 31, 2026, from the fund's quarterly holdings report. Original document →
- Costs: 0.8% a year in management fees; 2.8% a year in total, including interest on borrowed money. Fiscal year ended Feb 28, 2026. As of Feb 28, 2026, from the fund's yearly report. Original document →
- Payouts: last fiscal year the fund told the regulator that part of what it paid out was not income (it came from gains or from your own money back). As of Feb 28, 2026, from the fund's yearly report. Original document →
- Value of holdings per share at the last fiscal year end (Feb 28, 2026): $10.37. The shares traded at $10.17, about 1.9% below that. As of Feb 28, 2026, from the fund's yearly report. Original document →
- How the holdings did: down 0.5% over the last three months we have (March-May 2026), before the share price is taken into account. Over the last 12 months: +9.4%. As of May 31, 2026, from the fund's quarterly holdings report. Original document →
- First reported to the regulator in 1994.
+11%-2%
June 2024May 2026
What the fund holds
Almost all tax-free municipal bonds (100%). About 100% issued in the U.S.
- North Texas Tollway Authority, Series 2008 D, Ref. RB - 3.4%
- William S. Hart Union High School District (Election of 2008), Series 2009 A, GO Bonds - 3.3%
- Tarrant (County of), TX, Series 2022, GO Bonds - 1.9%
- City of Palm Coast FL Utility Revenue, Series 2026, RB - 1.8%
- New Jersey (State of) Transportation Trust Fund Authority, Series 2006 C, RB - 1.6%
- Washington Metropolitan Area Transit Authority (Green Bonds), Series 2023 A, RB - 1.4%
- Kansas City (City of), MO Industrial Development Authority (Kansas City International Airport), Series 2019 B, RB - 1.2%
- California (State of) Enterprise Development Authority (Riverside County-Mead Valley Wellness Village), Series 2024, RB - 1.1%
- Buckeye Tobacco Settlement Financing Authority, Series 2020 B-2, Ref. RB - 1.1%
- Jacksonville (City of), FL, Series 2023 A, Ref. RB - 1%
Show all 24
- District of Columbia, Series 2023 A, RB - 1%
- Colorado Springs (City of), CO, Series 2023 A, RB - 1%
- New York (City of), NY, Subseries 2025 G-1, GO Bonds - 1%
- New York Liberty Development Corp. (3 World Trade Center), Series 2014-1, Ref. RB - 1%
- New York (City of), NY Municipal Water Finance Authority, Series 2020, Ref. RB - 1%
- Denver (City & County of), CO, Series 2022 A, RB - 1%
- Seattle (City of), WA, Series 2022, Ref. RB - 1%
- Clark (County of), NV Water Reclamation District, Series 2023, GO Bonds - 0.9%
- Triborough Bridge & Tunnel Authority (MTA Bridges & Tunnels), Series 2022, RB - 0.9%
- Massachusetts (Commonwealth of) (Rail Enhancement Program) (Green Bonds), Series 2023, RB - 0.9%
- Regents of the University of California Medical Center, Series 2022 P, RB - 0.9%
- New York (State of) Dormitory Authority, Series 2020 A, Ref. RB - 0.9%
- Michigan (State of), Series 2023, RB - 0.9%
- New York (State of) Thruway Authority, Series 2019 B, RB - 0.9%
As of May 31, 2026, from the fund's quarterly holdings report. Original document →
Details: all notices, events and fund facts
| Date | Investor | Stake | Type of notice |
|---|---|---|---|
| Aug 8, 2024 | Karpus | 4.8% | Sold down below 5% |
| Feb 13, 2024 | Karpus | 5.2% | Passive investor |
| Date | What | Deadline | Document |
|---|---|---|---|
| April 29, 2025 | Repaying borrowed money | May 29, 2025 | Original document → |
- Run by
- Invesco Advisers, Inc.
- Fund family
- INVESCOFDS
- Exchange
- New York Stock Exchange
- Regulator's file number
- 811-06591
- Auditor
- PricewaterhouseCoopers LLP
- Fiscal year end
- Feb 28, 2026
- Number of holdings
- 486
- Preferred share classes
- 1
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