Invesco Van Kampen Advantage Municipal Income Trust II (VKI) Shares Cross Below Book Value

In trading on Friday, shares of Invesco Van Kampen Advantage Municipal Income Trust II ( VKI) crossed below their last reported book value — defined as common shareholder equity per share — of $11.17, changing hands as low as $11.16 per share. Invesco Van Kampen Advantage Municipal Income Trust II shares are currently trading off about 0.5% on the day. The chart below shows the one year performance of VKI shares, versus its 50 and 200 day moving averages:

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Invesco Van Kampen Advantage Municipal Income Trust II Moving Averages Chart

Looking at the chart above, VKI's low point in its 52 week range is $9.97 per share, with $11.57 as the 52 week high point — that compares with a last trade of $11.17.

According to the ETF Finder at ETF Channel, VKI makes up 1.32% of the CEF Municipal Income ETF ( XMPT) which is trading lower by about 0.2% on the day Friday.

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