Invesco Value Municipal Income Closed Fund (IIM) — Defensive Interval Ratio

Latest as of February 2026: 3179 days

Invesco Value Municipal Income Closed Fund (IIM) has a Defensive Interval Ratio of 3179 days as of February 2026. Defensive assets of $8.32 Million (cash $-, short-term investments $-, receivables $8.32 Million) cover 3179 days of daily cash needs of $2.62K/day.

Defensive Interval Ratio

3179 days
Days of operational coverage

Defensive Assets

$8.32 Million
Cash + ST Investments + Receivables

Daily Cash Need

$2.62K
Current Liabilities ÷ 365

Current Liabilities

$955.67K
USD

Invesco Value Municipal Income Closed Fund Defensive Interval Ratio (2013–2026)

This chart shows how Invesco Value Municipal Income Closed Fund's Defensive Interval Ratio has evolved across 14 annual periods from 2013 to 2026. As of February 2026, the ratio stands at 3179 days, meaning defensive assets of $8.32 Million can fund 3179 days of operations without new revenue. For the complete balance sheet picture, see how large is Invesco Value Municipal Income Closed Fu's balance sheet.

Annual Defensive Interval Ratio for Invesco Value Municipal Income Closed Fund (2013–2026)

The table below presents the year-by-year Defensive Interval Ratio for Invesco Value Municipal Income Closed Fund from 2013 to 2026, covering 14 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Invesco Value Municipal Income Closed Fu (IIM) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2026 3179 days $8.32 Million $2.62K/day $- $- ▲ +1326 days
2025 1853 days $8.39 Million $4.53K/day $- $- ▲ +838 days
2024 1015 days $26.77 Million $26.38K/day $- $18.34 Million ▲ +5088 days
2023 -4073 days $-153.56 Million $37.71K/day $- $-168.25 Million ▲ +6404 days
2022 -10477 days $-328.79 Million $31.38K/day $- $-342.67 Million ▲ +59612 days
2021 -70089 days $-355.24 Million $5.07K/day $- $-366.73 Million ▼ -50240 days
2020 -19850 days $-390.70 Million $19.68K/day $- $-402.09 Million ▲ +10460 days
2019 -30310 days $-352.30 Million $11.62K/day $- $-364.20 Million ▼ -41569 days
2018 11259 days $12.87 Million $1.14K/day $- $- ▲ +10449 days
2017 810 days $11.64 Million $14.37K/day $- $- ▲ +293 days
2016 517 days $12.12 Million $23.42K/day $- $- ▼ -302 days
2015 820 days $11.85 Million $14.45K/day $- $- ▼ -450 days
2014 1269 days $11.39 Million $8.97K/day $- $- ▲ +365 days
2013 904 days $13.00 Million $14.37K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)