Equities

Invesco Trust for Investment Grade Municipals

VGM:NYQ

Invesco Trust for Investment Grade Municipals

Actions
FinancialsClosed End Investments
  • Price (USD)10.54
  • Today's Change-0.03 / -0.28%
  • Shares traded174.16k
  • 1 Year change+16.85%
  • Beta0.5515
Data delayed at least 15 minutes, as of Sep 20 2024 00:00 BST.
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About the company

Invesco Trust for Investment Grade Municipals (the Trust) is a diversified, closed-end management investment trust. The Trust's investment objective is to provide common shareholders with a high level of current income exempt from federal income tax, consistent with preservation of capital. It will invest substantially all of its assets in municipal securities rated investment grade at the time of investment. Municipal securities include municipal bonds, municipal notes, municipal commercial paper and lease obligations. Under normal market conditions, approximately 80% of the Trust’s total assets will be invested in municipal securities. The Trust may invest up to 20% of its total assets in municipal securities rated below investment grade or that are unrated. Invesco Advisers, Inc. serves as its investment advisor.

  • Revenue in USD (TTM)43.42m
  • Net income in USD47.19m
  • Incorporated1991
  • Employees--
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Invesco Quality Municipal Income Trust40.40m44.74m546.29m0.0012.210.9302--13.520.8460.8460.763811.100.0457--10.03--5.060.86295.120.868955.7466.12110.7521.36----0.3288310.17-2.38-3.72150.9512.96---8.92
First Trust High Yld Oprtnts 2027 Trm Fd51.29m54.06m548.29m--10.140.9737--10.691.471.471.3915.310.0731--3.52--7.70--7.81--63.15--105.41------0.1887---0.8694--375.73------
Blackstone Strategic Credit 2027 Trm Fnd86.61m68.71m551.61m--8.030.9672--6.371.541.541.9412.770.0908--2.77--7.202.257.792.4261.7367.7979.3433.06----0.3705199.0630.75-1.60212.89----1.13
Gamco Investors Inc231.38m60.52m559.18m174.009.472.919.092.422.432.439.307.910.8987--86.95--23.5133.2034.2158.1796.2797.4226.1624.83----0.003827.88-8.84-7.13-8.17-12.47--14.87
Thornburg Income Builder Opportunts Trst31.95m71.19m565.28m--7.940.9588--17.692.222.220.995818.380.0555--6.08--12.36--12.38--77.26--222.83------0.00--0.0323--192.83------
BlackRock Enhanced Interntnl Dvdnd Trust15.73m43.82m566.54m--12.880.8996--36.020.43880.43880.15776.280.0246--3.26--6.84--6.88--58.51--278.61------0.00---8.58--224.99------
Invesco Municipal Trust43.05m47.08m568.85m--12.080.9296--13.220.85090.85090.777911.060.0454--3.27--4.970.94435.030.951254.9566.10109.3823.49----0.3284281.87-1.89-3.31152.0715.66---7.90
Invesco Trust for Investment GradeMncpls43.42m47.19m573.23m--12.150.9288--13.200.87020.87020.800611.380.0448--3.02--4.870.86454.940.871252.1564.55108.7021.76----0.3413305.62-2.17-3.71150.8219.66---8.64
Blackrock Multi-Sector Income Trust-100.00bn-100.00bn581.30m----1.04----------14.44----------------------------0.3822--------------
Blackrock Health Sciences Trust7.99m54.65m582.16m--10.650.9447--72.853.923.920.573144.200.013--2.15--8.867.748.917.80100.00--683.94652.44----0.001772.215.9812.56175.62-2.26--1.30
Phi Group Inc880.69m100.41m583.44m2.55k7.381.153.650.66253.253.2528.5420.90------345,504.50------------11.40--2.4921.580.073--15.84--74.25------
Adams Natural Resources Fund Inc20.67m94.74m583.91m18.006.210.8463--28.253.703.700.803427.110.0314--48.09--14.3811.0814.4211.11----458.44271.93----0.0050.24-7.494.01-95.28-----11.09
Noah Holdings Limited (ADR)397.51m96.19m586.05m2.58k6.420.4071--1.471.381.385.7021.760.2249--5.84153,895.105.485.246.706.59----24.3715.75----0.005.256.270.03093.374.474.25--
Western Asset Emerging Mrkts Dbt Fnd Inc67.27m70.52m591.45m--8.190.97598.398.791.241.241.1710.370.0779--8.34--8.161.238.311.2965.8275.47104.8319.26----0.2751459.358.04-5.61147.73-----5.18
Western Asset Managed Municipals Fnd Inc36.29m26.02m596.16m0.0022.930.9585--16.430.4760.4760.663911.390.0436--487.77--3.130.47273.170.47875.0676.6371.7812.26----0.3225595.5919.75-0.9244334.24-8.08---6.25
Data as of Sep 20 2024. Currency figures normalised to Invesco Trust for Investment Grade Municipals's reporting currency: US Dollar USD

Institutional shareholders

27.84%Per cent of shares held by top holders
HolderShares% Held
Karpus Management, Inc.as of 30 Jun 20243.86m7.12%
Sit Investment Associates, Inc.as of 30 Jun 20243.08m5.68%
Saba Capital Management LPas of 30 Jun 20243.01m5.55%
RiverNorth Capital Management LLCas of 30 Jun 20241.65m3.03%
Truist Advisory Services, Inc.as of 30 Jun 2024753.75k1.39%
Robinson Capital Management LLCas of 30 Jun 2024666.46k1.23%
Advisor Partners II LLCas of 30 Jun 2024597.84k1.10%
Fiera Capital Corp. (Investment Management)as of 30 Jun 2024556.36k1.03%
Guggenheim Partners Investment Management LLCas of 30 Jun 2024485.43k0.90%
Morgan Stanley Smith Barney LLC (Investment Management)as of 30 Jun 2024446.91k0.82%
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Data from 30 Jun 2024 - 30 Jun 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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