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Invesco Trust for Investment Grade Municipals
VGM | US
10.31
USD-0.06
0.04%
VGM | US
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About Invesco Trust for Investment Grade Municipals
Sector
Financial Services
Industry
Asset Management
Earnings date
29/02/2024
As of date
14/04/2026
Close
10.31
Open
10.28
High
10.34
Low
10.27
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. It employs fundamental analysis with bottom-up security selection approach to create its portfolio. The fund was formerly known as Invesco Van Kampen Trust for Investment Grade Municipals. Invesco Trust for Investment Grade Municipals was formed on January 24 1992 and is domiciled in the United States.
View LessVGM | US
Risk
21.8
Sharpe
1.45
Luna's Score
67/100
Recommendation
Buy
Luna says (VGM | US)
What's Working
Positive Momentum
Low 6-Month Volatility (<30%)
Good Dividend Yield (2% <= Dividend Yield <= 8%)
Low Market Beta (-0.4 to 0.8)
Value Stock (Price to Book < 3)
Strong Operating Margin (> 25%)
Strong Sharpe Ratio (> 1.2)
What's not Working
High Short-term Volatility
Smallcap (300M - 2B USD)
Declining Revenue (< 0%)
Volatility Signals
Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.
Risk Meter
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10 days
19.6%1 month
21.8%3 months
13.9%6 months
10.8%Returns
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Fundamental Ratios
PE
12.03
Fwd. PE
-
Price to book
0.92
Debt to equity
0.52
Debt to assets
0.34
Ent. to EBITDA
-
Ent. to rev.
12.85
PEG
-
Other Fundamentals
EBITDA
-
MarketCap
559.13M
MarketCap(USD)
559.13M
Div. yield
7.40
Op. margin
87.24
Erngs. growth
-30.90
Rev. growth
-4.20
Ret. on equity
7.80
Short ratio
0.28
Short perc.
0.08
Market Sentiment (SMA and Price signals)
Short-term: Bullish (SMA10D > SMA1M)
Intermediate-term: Bearish (SMA1M < SMA3M)
Long-term: Bullish (SMA6M > SMA12M)
SMAs: Stock Price Trends
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Range10D
0.71
Range1M
0.84
Range3M
1.09
Volumes: Market Activity
Volume Averages
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Rel. volume
0.38
Price X volume
803.33K
Peers
Diversifiers
Industry Comparison
| Parameter | Company | Industry | Indicator |
|---|---|---|---|
| Enterprise to EBITDA | - | 332.92 | - |
| Ent. to Revenue | 12.85 | 18.60 | Cheaper |
| PE Ratio | 12.03 | 20.20 | Cheaper |
| Price to Book | 0.92 | 2.63 | Cheaper |
| Dividend Yield | 7.40 | 7.25 | Par |
| Std. Deviation (3M) | 13.88 | 21.97 | Lower Risk |
| Debt to Equity | 0.52 | 50.50 | Cheaper |
| Debt to Assets | 0.34 | 44.08 | Cheaper |
| Market Cap | 559.13M | 8.59B | Emerging |
