Business Description
Invesco Trust for Investment Grade Municipals
NAICS : 525990
SIC : 6733
Description
Invesco Trust for Investment Grade Municipals is active in the financial services sector. Its investment objective involves seeking to achieve a high level of current income exempt from federal income tax, consistent with preservation of capital. The objectives are achieved by investing primarily in municipal securities that are rated investment grade at the time of investment. Municipal securities include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.
Financial Strength
5/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Cash-To-Debt | 0.02 | |||||
| Equity-to-Asset | 0.57 | |||||
| Debt-to-Equity | 0.27 | |||||
| Debt-to-EBITDA | -1.36 | |||||
| Interest Coverage | N/A |
N/A
|
N/A
| |||
| Piotroski F-Score | 4/9 | |||||
| WACC vs ROIC | ||||||
Growth Rank
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year FCF Growth Rate | -8.4 | |||||
| 3-Year Book Growth Rate | -0.3 |
Momentum Rank
4/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 5-Day RSI | 30.58 | |||||
| 9-Day RSI | 37.22 | |||||
| 14-Day RSI | 39.18 | |||||
| 6-1 Month Momentum % | 1.15 | |||||
| 12-1 Month Momentum % | -15.07 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History |
|---|
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Dividend Yield % | 5.51 | |||||
| 3-Year Dividend Growth Rate | -0.6 | |||||
| Forward Dividend Yield % | 4.87 | |||||
| 5-Year Yield-on-Cost % | 5.51 |
Profitability Rank
2/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Net Margin % | 100.33 | |||||
| ROE % | -17.46 | |||||
| ROA % | -10.37 | |||||
| Years of Profitability over Past 10-Year | 4 |
GF Value Rank
1/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| PB Ratio | 0.85 | |||||
| Price-to-Tangible-Book | 0.85 | |||||
| Price-to-Free-Cash-Flow | 8.74 | |||||
| Price-to-Operating-Cash-Flow | 8.74 | |||||
| EV-to-Revenue | -5.66 | |||||
| EV-to-FCF | 10.05 |
How Invesco Trust for Investment Grade Municipals (VGM) Makes Its Money
Historical Operating Revenue by Business Segment
Historical Operating Revenue by Geographic Region
Guru Trades
See DetailsInsider Trades
See DetailsGurus Latest Trades with NYSE:VGM
Peter Lynch Chart
Performance
Dividend
Log
Annualized Return %
Total Annual Return %
Executives
DetailsAnalyst Estimate
Key Statistics
| Name | Value | ||
|---|---|---|---|
| Revenue (TTM) (Mil $) | -122.017 | ||
| EPS (TTM) ($) | -2.263 | ||
| Beta | 0.49 | ||
| Volatility % | 22.64 | ||
| 14-Day RSI | 39.18 | ||
| 14-Day ATR ($) | 0.10693 | ||
| 20-Day SMA ($) | 9.7565 | ||
| 12-1 Month Momentum % | -15.07 | ||
| 52-Week Range ($) | 9 - 11.88 | ||
| Shares Outstanding (Mil) | 54.23 |
Piotroski F-Score Details
Year:
| Component | Result | ||
|---|---|---|---|
| Piotroski F-Score | 4 | ||
| Positive ROA | |||
| Positive CFROA | |||
| Higher ROA yoy | |||
| CFROA > ROA | |||
| Lower Leverage yoy | |||
| Higher Current Ratio yoy | |||
| Less Shares Outstanding yoy | |||
| Higher Gross Margin yoy | |||
| Higher Asset Turnover yoy |
Invesco Trust for Investment Grade Municipals Filings
| Document | Form | Filing Date | ||
|---|---|---|---|---|
| No Filing Data | ||||
Invesco Trust for Investment Grade Municipals Stock Events
| Event | Date | Price($) | ||
|---|---|---|---|---|
| No Event Data | ||||
Invesco Trust for Investment Grade Municipals Frequently Asked Questions
What is Invesco Trust for Investment Grade Municipals(VGM)'s stock price today?
The current price of VGM is $9.68. The 52 week high of VGM is $11.88 and 52 week low is $9.00.
When is next earnings date of Invesco Trust for Investment Grade Municipals(VGM)?
The next earnings date of Invesco Trust for Investment Grade Municipals(VGM) is 2023-11-03 Est..
Does Invesco Trust for Investment Grade Municipals(VGM) pay dividends? If so, how much?
The Dividend Yield %  of Invesco Trust for Investment Grade Municipals(VGM) is 5.51% (As of Today), Highest Dividend Payout Ratio of Invesco Trust for Investment Grade Municipals(VGM) was 5.23. The lowest was 0.36. And the median was 1.71. The  Forward Dividend Yield % of Invesco Trust for Investment Grade Municipals(VGM) is 4.87%. For more information regarding to dividend, please check our Dividend Page.
Press Release
| Subject | Date | |||
|---|---|---|---|---|
| No Press Release | ||||
