VTN (Invesco Trust For Investment Grade New York Municipals) Moat Score: 4/10 (As of Jul. 05, 2026)


VTN Invesco Trust For Investment Grade New York Municipals VTN
32 GF Score
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! 7 Warning Signs
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What is Invesco Trust For Investment Grade New York Municipals Moat Score?

Invesco Trust For Investment Grade New York Municipals VTN -0.78% 32 Moat Score is 4 as of Jul. 05, 2026. GuruFocus rates VTN with a GF Score™ of 32/100. The stock has 7 warning signs investors should review. Among 1,698 Asset Management companies, Invesco Trust For Investment Grade New York Municipals ranks better than 95.52% on this metric.

Invesco Trust For Investment Grade New York Municipals has the Moat Score of 4, which implies that the company might have Narrow Moat - Discernible but modest moat.

Invesco Trust For Investment Grade New York Municipals has Narrow Moat: Invesco Trust benefits from a modest moat due to its specialized focus on New York municipal bonds, offering some differentiation. However, it lacks strong brand strength, network effects, or significant cost advantages, limiting its competitive position to a narrow moat.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Invesco Trust For Investment Grade New York Municipals might have Narrow Moat - Discernible but modest moat.

Invesco Trust For Investment Grade New York Municipals  (NYSE:VTN) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Invesco Trust For Investment Grade New York Municipals Moat Score Related Terms

VTN vs BSL, GGT, PCQ: Moat Score Comparison

For the Asset Management subindustry, Invesco Trust For Investment Grade New York Municipals's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Invesco Trust For Investment Grade New York Municipals Moat Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Invesco Trust For Investment Grade New York Municipals's Moat Score distribution charts can be found below:

* The bar in red indicates where Invesco Trust For Investment Grade New York Municipals's Moat Score falls into.


VTN
32GF Score
Invesco Trust For Investment Grade New York Municipals VTN
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 4 mean?
Invesco Trust For Investment Grade New York Municipals (VTN) has a Moat Score of 4 as of Jul. 05, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Invesco Trust For Investment Grade New York Municipals ranks #76 out of 1698 companies in the Asset Management industry, placing it in the top 4.5%.
Is Invesco Trust For Investment Grade New York Municipals' Moat Score too high?
Invesco Trust For Investment Grade New York Municipals' current Moat Score is 4. Based on the distribution chart, Invesco Trust For Investment Grade New York Municipals ranks #76 out of 1698 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Invesco Trust For Investment Grade New York Municipals has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Invesco Trust For Investment Grade New York Municipals' Moat Score compare to BSL and GGT?
According to the Asset Management industry distribution chart, Invesco Trust For Investment Grade New York Municipals ranks #76 out of 1698 companies for Moat Score. This places Invesco Trust For Investment Grade New York Municipals in the top 5% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for an Asset Management company?
A good Moat Score depends on the Asset Management industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Invesco Trust For Investment Grade New York Municipals's current Moat Score is 4. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Invesco Trust For Investment Grade New York Municipals stock overvalued right now?
Invesco Trust For Investment Grade New York Municipals (VTN) has a current Moat Score of 4. The current Moat Score is 4. Invesco Trust For Investment Grade New York Municipals' overall GF Score™ is 32/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Invesco Trust For Investment Grade New York Municipals (VTN), the current Moat Score is 4 as of Jul. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Invesco Trust For Investment Grade New York Municipals Business Description

Address 1555 Peachtree Street, N.E., Suite 1800, Atlanta, GA, USA, 30309
Invesco Trust For Investment Grade New York Municipals is a diversified closed-end management investment company. Its objective is to provide common shareholders with a high level of current income exempt from federal as well as from New York State and New York City income taxes, consistent with preservation of capital.
32GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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