VGM vs. VKQ, DSU, MYD, IFN, BTO, VCV, RMT, MVF, PEO, and NQP
Should you be buying Invesco Trust for Investment Grade Municipals stock or one of its competitors? The main competitors of Invesco Trust for Investment Grade Municipals include Invesco Municipal Trust (VKQ), BlackRock Debt Strategies Fund (DSU), BlackRock MuniYield Fund (MYD), The India Fund (IFN), John Hancock Financial Opportunities Fund (BTO), Invesco California Value Municipal Income Trust (VCV), Royce Micro-Cap Trust (RMT), BlackRock MuniVest Fund (MVF), Adams Natural Resources Fund (PEO), and Nuveen Pennsylvania Quality Municipal Income Fund (NQP). These companies are all part of the "investment offices, not elsewhere classified" industry.
Invesco Trust for Investment Grade Municipals (NYSE:VGM) and Invesco Municipal Trust (NYSE:VKQ) are both finance companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, profitability, dividends, earnings, valuation, community ranking, institutional ownership, media sentiment and risk.
Invesco Trust for Investment Grade Municipals has a beta of 0.51, meaning that its share price is 49% less volatile than the S&P 500. Comparatively, Invesco Municipal Trust has a beta of 0.51, meaning that its share price is 49% less volatile than the S&P 500.
Invesco Trust for Investment Grade Municipals pays an annual dividend of $0.43 per share and has a dividend yield of 4.4%. Invesco Municipal Trust pays an annual dividend of $0.44 per share and has a dividend yield of 4.6%.
38.1% of Invesco Trust for Investment Grade Municipals shares are held by institutional investors. Comparatively, 32.0% of Invesco Municipal Trust shares are held by institutional investors. 1.0% of Invesco Trust for Investment Grade Municipals shares are held by company insiders. Comparatively, 5.4% of Invesco Municipal Trust shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
In the previous week, Invesco Trust for Investment Grade Municipals had 1 more articles in the media than Invesco Municipal Trust. MarketBeat recorded 2 mentions for Invesco Trust for Investment Grade Municipals and 1 mentions for Invesco Municipal Trust. Invesco Municipal Trust's average media sentiment score of 1.85 beat Invesco Trust for Investment Grade Municipals' score of 1.75 indicating that Invesco Municipal Trust is being referred to more favorably in the news media.
Invesco Trust for Investment Grade Municipals received 59 more outperform votes than Invesco Municipal Trust when rated by MarketBeat users. Likewise, 76.36% of users gave Invesco Trust for Investment Grade Municipals an outperform vote while only 63.37% of users gave Invesco Municipal Trust an outperform vote.
Summary
Invesco Trust for Investment Grade Municipals beats Invesco Municipal Trust on 4 of the 7 factors compared between the two stocks.
This chart shows the number of new MarketBeat users adding VGM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Invesco Trust for Investment Grade Municipals Competitors List
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