Invesco Advantage MIT II - Asset Resilience Ratio
Invesco Advantage MIT II (VKI) has an Asset Resilience Ratio of 1.06% as of August 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Check how strategically is Invesco Advantage MIT II's equity deployed to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2023)
This chart shows how Invesco Advantage MIT II's Asset Resilience Ratio has changed over time. See net asset quality index of Invesco Advantage MIT II to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Invesco Advantage MIT II's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see VKI market cap.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $7.40 Million | 1.06% |
| Total Liquid Assets | $7.40 Million | 1.06% |
Asset Resilience Insights
- Limited Liquidity: Invesco Advantage MIT II maintains only 1.06% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Invesco Advantage MIT II Industry Peers by Asset Resilience Ratio
Compare Invesco Advantage MIT II's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
REGAL PARTNERS LTD.
F:OC7 |
Asset Management | 4.24% |
|
Destiny Tech100 Inc.
NYSE:DXYZ |
Asset Management | 45.51% |
|
BlackRock Health Sciences Trust II
NYSE:BMEZ |
Asset Management | 3.42% |
|
IGM Financial Inc.
TO:IGM |
Asset Management | 11.25% |
|
Industrivarden AB ser. A
ST:INDU-A |
Asset Management | 0.68% |
|
Argo Investments Ltd
AU:ARG |
Asset Management | 0.46% |
|
Sprott Physical Gold and Silver Trust
TO:CEF |
Asset Management | 99.66% |
|
OCI Co Ltd
KO:010060 |
Asset Management | 6.27% |
Annual Asset Resilience Ratio for Invesco Advantage MIT II (2016–2023)
The table below shows the annual Asset Resilience Ratio data for Invesco Advantage MIT II.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-02-28 | -14.15% | $-101.46 Million | $717.27 Million | +8.91pp |
| 2022-02-28 | -23.05% | $-196.79 Million | $853.65 Million | +0.93pp |
| 2021-02-28 | -23.98% | $-211.57 Million | $882.28 Million | +1.78pp |
| 2020-02-29 | -25.76% | $-237.61 Million | $922.39 Million | -9.79pp |
| 2019-02-28 | -15.97% | $-138.76 Million | $868.65 Million | -- |
| 2018-02-28 | 0.00% | $0.00 | $900.98 Million | -- |
| 2017-02-28 | 0.00% | $0.00 | $935.21 Million | -- |
| 2016-02-29 | 0.00% | $0.00 | $955.33 Million | -- |
About Invesco Advantage MIT II
Invesco Advantage Municipal Income Trust II is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc. It invests in the fixed inc… Read more