Bruce Crockett - Invesco Advantage Independent Chairman of the Board and Trustee

VKI Stock  USD 8.99  0.01  0.11%   

Chairman

Mr. Bruce L. Crockett is an Independent Chairman of the Board, Trustee of the company since 2014. Mr. Crockett was a member of the Board of Trustees of the Invesco Funds since 1978, and has served as Independent Chair of the Board of Trustees and their predecessor funds since 2004. Mr. Crockett has more than 30 years of experience in finance and general management in the banking, aerospace and telecommunications industries. From 1992 to 1996, he served as president, chief executive officer and a director of COMSAT Corporationrationration, an international satellite and wireless telecommunications company. Mr. Crockett has also served, since 1996, as chairman of Crockett Technologies Associates, a strategic consulting firm that provides services to the information technology and communications industries. Mr. Crockett also serves on the Board of ALPS and Ferroglobe PLC and he is a life trustee of the University of Rochester Board of Trustees. He is a member of the Audit Committee of Ferroglobe PLC. The Board of Trustees elected Mr. Crockett to serve as its Independent Chair because of his extensive experience in managing public companies and familiarity with investment companies. since 2014.
Age 75
Tenure 11 years
Address 1331 Spring Street, North West, Atlanta, GA, United States, 30309
Phone404- 892-0896
Webhttps://www.invesco.com/portal/site/us/investors/c

Invesco Advantage Management Efficiency

The company has Return on Asset of 0.0246 % which means that on every $100 spent on assets, it made $0.0246 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0793 %, implying that it generated $0.0793 on every 100 dollars invested. Invesco Advantage's management efficiency ratios could be used to measure how well Invesco Advantage manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to 0.03. The Invesco Advantage's current Return On Capital Employed is estimated to increase to -0.05. As of now, Invesco Advantage's Non Current Assets Total are decreasing as compared to previous years. The Invesco Advantage's current Total Current Assets is estimated to increase to about 14.5 M, while Non Currrent Assets Other are projected to decrease to (837.7 M).
Invesco Advantage MIT has 256.43 M in debt with debt to equity (D/E) ratio of 0.67, which is OK given its current industry classification. Invesco Advantage MIT has a current ratio of 1.82, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Invesco to invest in growth at high rates of return.

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Invesco Advantage Municipal Income Trust II is a closed-ended fixed income mutual fund launched by Invesco Ltd. Invesco Advantage Municipal Income Trust II was formed on August 27, 1993 and is domiciled in the United States. Invesco Advantage operates under Asset Management classification in the United States and is traded on NYSEMKT Exchange. Invesco Advantage MIT (VKI) is traded on NYSE MKT Exchange in USA. It is located in 1331 Spring Street, North West, Atlanta, GA, United States, 30309 and employs 36 people. Invesco Advantage is listed under Asset Management & Custody Banks category by Fama And French industry classification.

Management Performance

Invesco Advantage MIT Leadership Team

Elected by the shareholders, the Invesco Advantage's board of directors comprises two types of representatives: Invesco Advantage inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Invesco. The board's role is to monitor Invesco Advantage's management team and ensure that shareholders' interests are well served. Invesco Advantage's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Invesco Advantage's outside directors are responsible for providing unbiased perspectives on the board's policies.
Andrew Schlossberg, Senior Vice President
Russell Burk, Senior Vice President Senior Officer
Anthony LaCava, Independent Trustee
Todd Kuehl, Chief Compliance Officer
Teresa Ressel, Independent Trustee
Tim OReilly, Portfolio Manager
Robert Troccoli, Independent Trustee
Robert Leveille, Chief Compliance Officer
Christopher Wilson, Independent Trustee
Mark Paris, Portfolio Manager
Raymond Stickel, Independent Trustee
Ann Stern, Independent Trustee
Crissie Wisdom, Anti-Money Laundering Compliance Officer
Elizabeth Krentzman, Trustee
James Phillips, Portfolio Manager
Prema MathaiDavis, Independent Trustee
James Vaughn, Trustee
Bruce Crockett, Independent Chairman of the Board and Trustee
Cynthia Hostetler, Independent Trustee
Sheri Morris, President, Treasurer, Principal Executive Officer
Julius Williams, Portfolio Manager
Jack Fields, Independent Trustee
David Arch, Independent Director, Trustee
Colin Meadows, Principal President
Gregory McGreevey, Senior Vice President
Daniel Vandivort, Trustee
Colin JD, Principal President
Kelli Gallegos, Vice President Principal Financial Officer and Assistant Treasurer
Joel Motley, Trustee
Martin Flanagan, Independent Vice Chairman of the Board of Trustee
John Zerr, Chief Legal Officer, Sr. VP and Secretary
John Connelly, Portfolio Mang
Robert CFA, Portfolio Manager
Eli Jones, Independent Trustee
Jeffrey Kupor, Senior Vice President Chief Legal Officer, Secretary
Beth Brown, Independent Trustee

Invesco Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Invesco Advantage a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Invesco Advantage MIT offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco Advantage's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Invesco Advantage Mit Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Advantage Mit Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco Advantage MIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
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Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Invesco Advantage. If investors know Invesco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Invesco Advantage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.25)
Dividend Share
0.384
Earnings Share
0.86
Revenue Per Share
0.721
Quarterly Revenue Growth
0.013
The market value of Invesco Advantage MIT is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco Advantage's value that differs from its market value or its book value, called intrinsic value, which is Invesco Advantage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco Advantage's market value can be influenced by many factors that don't directly affect Invesco Advantage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco Advantage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Advantage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Advantage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.