What if you'd held IIM?
A $1,000 investment in Invesco Value Municipal Income Trust (IIM) at the month-end close of 1993-02 would be worth $5,559 at the close of 2026-08 — +455.9% total return, dividends reinvested. The same $1,000 in the S&P 500 would be worth $17,385.
Your scenario
Result
If you'd bought $1,000 at the start of each year
Value of $1,000 invested on January 1 of each year, held to 2026-08, dividends included.
Every year, $1,000 from 1993
| Year | Value of $1,000 | Year return |
|---|---|---|
| 1993 | $1,000 | — |
| 1994 | $795 | -20.5% |
| 1995 | $886 | +11.5% |
| 1996 | $945 | +6.7% |
| 1997 | $1,178 | +24.6% |
| 1998 | $1,388 | +17.8% |
| 1999 | $1,228 | -11.5% |
| 2000 | $1,397 | +13.8% |
| 2001 | $1,530 | +9.5% |
| 2002 | $1,680 | +9.9% |
| 2003 | $1,858 | +10.6% |
| 2004 | $1,849 | -0.5% |
| 2005 | $1,982 | +7.2% |
| 2006 | $2,155 | +8.8% |
| 2007 | $2,123 | -1.5% |
| 2008 | $1,808 | -14.8% |
| 2009 | $2,511 | +38.9% |
| 2010 | $2,575 | +2.5% |
| 2011 | $3,256 | +26.4% |
| 2012 | $3,598 | +10.5% |
| 2013 | $3,073 | -14.6% |
| 2014 | $3,959 | +28.8% |
| 2015 | $4,146 | +4.7% |
| 2016 | $3,918 | -5.5% |
| 2017 | $4,196 | +7.1% |
| 2018 | $4,009 | -4.5% |
| 2019 | $4,763 | +18.8% |
| 2020 | $5,100 | +7.1% |
| 2021 | $5,822 | +14.1% |
| 2022 | $4,342 | -25.4% |
| 2023 | $4,434 | +2.1% |
| 2024 | $4,790 | +8.0% |
| 2025 | $5,356 | +11.8% |
| 2026 | $5,763 | +7.6% |
Best and worst month-end to buy
The best single month-end close to have bought IIM was 1994-10 ($1.68): $1,000 then is $7,512 today. The worst was 2021-12 ($12.75): $1,000 then is $990.
FAQ
What would $1,000 in IIM be worth today?
A $1,000 investment in Invesco Value Municipal Income Trust (IIM) at the start of 1993 would be worth about $5,559 today, a total return of +455.9%. Dividends are reinvested in these figures.
What were the best and worst years for IIM?
Invesco Value Municipal Income Trust (IIM)'s strongest calendar year since 1993 was 2009, a +38.9% return — $1,000 held through that year became about $1,389 by year-end. Its weakest year was 2022, at -25.4%.
Does the calculator include dividends and splits?
Yes where available. Prices are adjusted for both stock splits and reinvested dividends (total return), the same measure brokerages use.
How much would $100 per month in IIM have grown?
Investing $100 at the end of every month since 1993-02 would have grown to about $114,436 on $40,300 invested.
Did IIM beat the S&P 500?
Over the same period, $1,000 in the S&P 500 index would be worth $17,385. IIM trailed the S&P 500 by +68.0% in total return.
Is this investment advice?
No. Wall Street Regrets is an entertainment and education tool. Every number is a historical calculation, not a prediction, and past performance never guarantees future results.
Methodology
Invesco Value Municipal Income Trust (IIM) historical total-return data from 1993-02 to 2026-08, reduced to month-end closes for the tables above.
Returns use adjusted close prices from Yahoo Finance historical data — adjusted for stock splits and reinvested dividends — the same convention used by major brokerages. A "year" scenario invests $1,000 at the prior December's month-end close and values it at the latest available month-end close. Non-USD amounts are converted at historical month-end exchange rates (Yahoo Finance): to USD on the buy date and back to your currency at the latest rate, so the return reflects the currency move as well as the asset.
Month-end resolution means intra-month extremes are not captured in tables; the calculator uses exact trading-day closes where daily data is available. Figures ignore taxes, fees, and the currency effects of non-USD listings. History is not a forecast. Wall Street Regrets is entertainment, not investment advice.
What if you'd held…
Data: adjusted close prices via Yahoo Finance. As of 2026-08. Not financial advice.