VTN Stock Overview
Invesco Trust for Investment Grade New York Municipals is a closed-ended fixed income mutual fund launched by Invesco Ltd.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 2/6 |
Invesco Trust for Investment Grade New York Municipals Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$10.45 |
| 52 Week High | US$10.84 |
| 52 Week Low | US$8.49 |
| Beta | 0.55 |
| 1 Month Change | -2.70% |
| 3 Month Change | 1.36% |
| 1 Year Change | 3.06% |
| 3 Year Change | -20.71% |
| 5 Year Change | -19.18% |
| Change since IPO | -29.75% |
Recent News & Updates
Invesco Trust For Investment Grade New York Municipals declares $0.0371 dividend
Feb 01Invesco Trust For Investment Grade New York Municipals dividend decreases by 11.9% to $ 0.0421
Nov 02Recent updates
Invesco Trust For Investment Grade New York Municipals declares $0.0371 dividend
Feb 01Invesco Trust For Investment Grade New York Municipals dividend decreases by 11.9% to $ 0.0421
Nov 02Invesco Trust For Investment Grade New York Municipals declares $0.0421 dividend
Oct 04Invesco Trust For Investment Grade New York Municipals declares $0.0421 dividend
Sep 02Invesco Trust For Investment Grade New York Municipals declares $0.0421 dividend
Aug 01Invesco Trust For Investment Grade New York Municipals declares $0.0421 dividend
Jul 05Invesco Trust For Investment Grade New York Municipals declares $0.0478 dividend
May 10Invesco Trust For Investment Grade New York Municipals declares $0.0458 dividend
Feb 01Invesco Trust For Investment Grade New York Municipals declares $0.0458 dividend
Jan 04Invesco Trust For Investment Grade New York Municipals declares $0.0458 dividend
Nov 02Shareholder Returns
| VTN | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -1.1% | -2.7% | -3.7% |
| 1Y | 3.1% | 22.5% | 20.2% |
Return vs Industry: VTN underperformed the US Capital Markets industry which returned 22.5% over the past year.
Return vs Market: VTN underperformed the US Market which returned 20.2% over the past year.
Price Volatility
| VTN volatility | |
|---|---|
| VTN Average Weekly Movement | 1.0% |
| Capital Markets Industry Average Movement | 3.4% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: VTN has not had significant price volatility in the past 3 months.
Volatility Over Time: VTN's weekly volatility (1%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1992 | n/a | n/a | www.invesco.com/portal/site/us/investors/closed-end/product-detail?productId=30628 |
Invesco Trust for Investment Grade New York 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 New York municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.
Invesco Trust for Investment Grade New York Municipals Fundamentals Summary
| VTN fundamental statistics | |
|---|---|
| Market cap | US$203.63m |
| Earnings (TTM) | US$3.23m |
| Revenue (TTM) | US$15.18m |
63.1x
P/E Ratio13.4x
P/S RatioIs VTN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VTN income statement (TTM) | |
|---|---|
| Revenue | US$15.18m |
| Cost of Revenue | US$0 |
| Gross Profit | US$15.18m |
| Other Expenses | US$11.96m |
| Earnings | US$3.23m |
Last Reported Earnings
Aug 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.17 |
| Gross Margin | 100.00% |
| Net Profit Margin | 21.26% |
| Debt/Equity Ratio | 59.9% |
How did VTN perform over the long term?
See historical performance and comparison