VGM Stock Overview
Invesco Trust for Investment Grade Municipals is a closed-ended fixed income mutual fund launched by Invesco Ltd.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 2/6 |
Invesco Trust for Investment Grade Municipals Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$9.58 |
| 52 Week High | US$10.04 |
| 52 Week Low | US$8.15 |
| Beta | 0.51 |
| 1 Month Change | -1.84% |
| 3 Month Change | -3.23% |
| 1 Year Change | -1.44% |
| 3 Year Change | -31.42% |
| 5 Year Change | -22.24% |
| Change since IPO | -36.13% |
Recent News & Updates
Invesco Trust for Investment Grade Municipals dividend declines by 4.4% to $0.0393
Feb 01Invesco Trust for Investment Grade Municipals declares $0.0411 dividend
Jan 03Invesco Trust for Investment Grade Municipals dividend decreases by 10.5% to $ 0.0459
Nov 02Recent updates
Invesco Trust for Investment Grade Municipals dividend declines by 4.4% to $0.0393
Feb 01Invesco Trust for Investment Grade Municipals declares $0.0411 dividend
Jan 03Invesco Trust for Investment Grade Municipals dividend decreases by 10.5% to $ 0.0459
Nov 02Invesco Trust for Investment Grade Municipals declares $0.0459 dividend
Oct 04Invesco Trust for Investment Grade Municipals declares $0.0459 dividend
Sep 02Invesco Trust for Investment Grade Municipals declares $0.0459 dividend
Aug 01Invesco Trust for Investment Grade Municipals cuts dividend by 7% to $0.0459
Jul 05Invesco Trust for Investment Grade Municipals declares $0.055 dividend
May 10Invesco Trust for Investment Grade Municipals declares $0.055 dividend
Feb 01Invesco Trust for Investment Grade Municipals declares $0.0535 dividend
Jan 04Invesco Trust for Investment Grade Municipals declares $0.0535 dividend
Nov 02Shareholder Returns
| VGM | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | 0% | -2.6% | -0.7% |
| 1Y | -1.4% | 29.0% | 22.3% |
Return vs Industry: VGM underperformed the US Capital Markets industry which returned 29% over the past year.
Return vs Market: VGM underperformed the US Market which returned 22.3% over the past year.
Price Volatility
| VGM volatility | |
|---|---|
| VGM Average Weekly Movement | 1.1% |
| Capital Markets Industry Average Movement | 3.5% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: VGM has not had significant price volatility in the past 3 months.
Volatility Over Time: VGM's weekly volatility (1%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1992 | n/a | Colin Meadows | www.invesco.com/portal/site/us/investors/closed-end/product-detail?productId=30626 |
Invesco Trust for Investment Grade Municipals is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc., INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.
Invesco Trust for Investment Grade Municipals Fundamentals Summary
| VGM fundamental statistics | |
|---|---|
| Market cap | US$517.92m |
| Earnings (TTM) | -US$57.89k |
| Revenue (TTM) | US$44.36m |
11.7x
P/S Ratio-8,974x
P/E RatioIs VGM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VGM income statement (TTM) | |
|---|---|
| Revenue | US$44.36m |
| Cost of Revenue | US$0 |
| Gross Profit | US$44.36m |
| Other Expenses | US$44.42m |
| Earnings | -US$57.89k |
Last Reported Earnings
Aug 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.0011 |
| Gross Margin | 100.00% |
| Net Profit Margin | -0.13% |
| Debt/Equity Ratio | 58.4% |
How did VGM perform over the long term?
See historical performance and comparison