What if you'd held VCV?
A $1,000 investment in Invesco California Value Municipal Income Trust (VCV) at the month-end close of 1993-06 would be worth $5,372 at the close of 2026-08 — +437.2% total return, dividends reinvested. The same $1,000 in the S&P 500 would be worth $17,109.
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 | $791 | -20.9% |
| 1995 | $970 | +22.6% |
| 1996 | $1,060 | +9.2% |
| 1997 | $1,343 | +26.8% |
| 1998 | $1,542 | +14.8% |
| 1999 | $1,368 | -11.3% |
| 2000 | $1,567 | +14.5% |
| 2001 | $1,726 | +10.2% |
| 2002 | $1,925 | +11.5% |
| 2003 | $2,174 | +12.9% |
| 2004 | $2,025 | -6.9% |
| 2005 | $2,154 | +6.4% |
| 2006 | $2,443 | +13.4% |
| 2007 | $2,473 | +1.2% |
| 2008 | $1,348 | -45.5% |
| 2009 | $2,244 | +66.4% |
| 2010 | $2,294 | +2.2% |
| 2011 | $2,826 | +23.2% |
| 2012 | $3,214 | +13.7% |
| 2013 | $2,846 | -11.5% |
| 2014 | $3,428 | +20.5% |
| 2015 | $3,756 | +9.6% |
| 2016 | $3,627 | -3.4% |
| 2017 | $3,955 | +9.1% |
| 2018 | $3,746 | -5.3% |
| 2019 | $4,443 | +18.6% |
| 2020 | $4,796 | +8.0% |
| 2021 | $5,259 | +9.6% |
| 2022 | $3,766 | -28.4% |
| 2023 | $4,065 | +7.9% |
| 2024 | $4,821 | +18.6% |
| 2025 | $5,279 | +9.5% |
| 2026 | $5,239 | -0.8% |
Best and worst month-end to buy
The best single month-end close to have bought VCV was 1994-12 ($1.59): $1,000 then is $6,623 today. The worst was 2026-02 ($10.92): $1,000 then is $964.
FAQ
What would $1,000 in VCV be worth today?
A $1,000 investment in Invesco California Value Municipal Income Trust (VCV) at the start of 1993 would be worth about $5,372 today, a total return of +437.2%. Dividends are reinvested in these figures.
What were the best and worst years for VCV?
Invesco California Value Municipal Income Trust (VCV)'s strongest calendar year since 1993 was 2009, a +66.4% return — $1,000 held through that year became about $1,664 by year-end. Its weakest year was 2008, at -45.5%.
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 VCV have grown?
Investing $100 at the end of every month since 1993-06 would have grown to about $98,317 on $39,900 invested.
Did VCV beat the S&P 500?
Over the same period, $1,000 in the S&P 500 index would be worth $17,109. VCV trailed the S&P 500 by +68.6% 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 California Value Municipal Income Trust (VCV) historical total-return data from 1993-06 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.