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Invesco Trust for Investment Grade Municipals (VGM) Competitors

Invesco Trust for Investment Grade Municipals logo
$9.89 +0.07 (+0.71%)
(As of 12/20/2024 04:34 PM ET)

VGM vs. VCV, VMO, VKQ, IQI, IIM, SBI, MHF, AMCR, GAM, and MQY

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 California Value Municipal Income Trust (VCV), Invesco Municipal Opportunity Trust (VMO), Invesco Municipal Trust (VKQ), Invesco Quality Municipal Income Trust (IQI), Invesco Value Municipal Income Trust (IIM), Western Asset Intermediate Muni Fund (SBI), Western Asset Municipal High Income Fund (MHF), Amcor (AMCR), General American Investors (GAM), and BlackRock MuniYield Quality Fund (MQY). These companies are all part of the "misc." industry.

Invesco Trust for Investment Grade Municipals vs.

Invesco California Value Municipal Income Trust (NYSE:VCV) and Invesco Trust for Investment Grade Municipals (NYSE:VGM) are both finance companies, but which is the superior business? We will contrast the two companies based on the strength of their profitability, earnings, analyst recommendations, community ranking, media sentiment, institutional ownership, dividends, valuation and risk.

Company Net Margins Return on Equity Return on Assets
Invesco California Value Municipal Income TrustN/A N/A N/A
Invesco Trust for Investment Grade Municipals N/A N/A N/A

Invesco California Value Municipal Income Trust received 37 more outperform votes than Invesco Trust for Investment Grade Municipals when rated by MarketBeat users. However, 76.36% of users gave Invesco Trust for Investment Grade Municipals an outperform vote while only 66.78% of users gave Invesco California Value Municipal Income Trust an outperform vote.

CompanyUnderperformOutperform
Invesco California Value Municipal Income TrustOutperform Votes
205
66.78%
Underperform Votes
102
33.22%
Invesco Trust for Investment Grade MunicipalsOutperform Votes
168
76.36%
Underperform Votes
52
23.64%

Invesco California Value Municipal Income Trust has a beta of 0.68, suggesting that its share price is 32% less volatile than the S&P 500. Comparatively, Invesco Trust for Investment Grade Municipals has a beta of 0.56, suggesting that its share price is 44% less volatile than the S&P 500.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Invesco California Value Municipal Income Trust$51.29MN/AN/AN/AN/A
Invesco Trust for Investment Grade Municipals$54.04MN/AN/AN/AN/A

In the previous week, Invesco California Value Municipal Income Trust and Invesco California Value Municipal Income Trust both had 1 articles in the media. Invesco Trust for Investment Grade Municipals' average media sentiment score of 0.92 beat Invesco California Value Municipal Income Trust's score of 0.00 indicating that Invesco Trust for Investment Grade Municipals is being referred to more favorably in the news media.

18.8% of Invesco California Value Municipal Income Trust shares are owned by institutional investors. Comparatively, 38.1% of Invesco Trust for Investment Grade Municipals shares are owned by institutional investors. 6.1% of Invesco California Value Municipal Income Trust shares are owned by company insiders. Comparatively, 1.0% of Invesco Trust for Investment Grade Municipals shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Invesco California Value Municipal Income Trust pays an annual dividend of $0.60 per share and has a dividend yield of 5.7%. Invesco Trust for Investment Grade Municipals pays an annual dividend of $0.61 per share and has a dividend yield of 6.2%.

Summary

Invesco Trust for Investment Grade Municipals beats Invesco California Value Municipal Income Trust on 5 of the 8 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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.
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VGM vs. The Competition

MetricInvesco Trust for Investment Grade MunicipalsInvestment offices IndustryFinance SectorNYSE Exchange
Market CapN/A$8.38B$11.06B$19.18B
Dividend Yield6.36%6.75%9.80%3.60%
P/E RatioN/A0.4428.2041.24
Price / SalesN/A14.8243.8717.60
Price / CashN/A7.0330.5221.28
Price / BookN/A0.882.745.32
Net IncomeN/A$73.96M$1.03B$989.88M
7 Day Performance-3.89%-2.96%-2.88%-3.54%
1 Month Performance-2.66%-2.31%-2.88%-3.68%
1 Year Performance1.23%3.73%11.36%12.14%

Invesco Trust for Investment Grade Municipals Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
VGM
Invesco Trust for Investment Grade Municipals
N/A$9.89
+0.7%
N/A+0.8%$0.00$54.04M0.00147,000Ex-Dividend
Negative News
VCV
Invesco California Value Municipal Income Trust
N/A$10.62
-0.6%
N/A+7.4%$0.00$51.29M0.00N/AEx-Dividend
News Coverage
Positive News
VMO
Invesco Municipal Opportunity Trust
N/A$9.92
-0.3%
N/A+0.3%$0.00N/A0.00N/AEx-Dividend
VKQ
Invesco Municipal Trust
N/A$10.02
-0.3%
N/A+0.8%$0.00$53.97M0.00147,000Ex-Dividend
IQI
Invesco Quality Municipal Income Trust
N/A$10.03
-0.6%
N/A+1.2%$0.00N/A0.00147,000Ex-Dividend
Short Interest ↓
News Coverage
Positive News
IIM
Invesco Value Municipal Income Trust
N/A$12.43
+0.5%
N/A+0.8%$0.00$55.51M0.00147,000Ex-Dividend
Negative News
SBI
Western Asset Intermediate Muni Fund
N/A$7.96
-0.7%
N/A+0.3%$0.00$5.83M0.00N/ANegative News
MHF
Western Asset Municipal High Income Fund
N/A$7.00
-0.6%
N/A+7.1%$0.00N/A0.00N/A
AMCR
Amcor
3.372 of 5 stars
$9.86
-0.4%
$11.20
+13.6%
-2.2%$14.25B$13.55B18.6841,000
GAM
General American Investors
N/A$52.40
+0.6%
N/A+22.0%$1.26BN/A0.003,313Insider Trade
Positive News
MQY
BlackRock MuniYield Quality Fund
N/A$12.57
+0.6%
N/A-4.3%$918.58M$43.54M0.00N/ANews Coverage

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This page (NYSE:VGM) was last updated on 12/21/2024 by MarketBeat.com Staff
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