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Invesco Trust for Investment Grade Municipals (VGM) Competitors

Invesco Trust for Investment Grade Municipals logo
$10.12 -0.03 (-0.25%)
As of 01/17/2025 03:58 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

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

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), Tri-Continental (TY), and General American Investors (GAM). These companies are all part of the "misc." industry.

Invesco Trust for Investment Grade Municipals vs.

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

Invesco Trust for Investment Grade Municipals has a beta of 0.56, indicating that its stock price is 44% less volatile than the S&P 500. Comparatively, Invesco California Value Municipal Income Trust has a beta of 0.67, indicating that its stock price is 33% less volatile than the S&P 500.

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

Invesco Trust for Investment Grade Municipals pays an annual dividend of $0.64 per share and has a dividend yield of 6.3%. Invesco California Value Municipal Income Trust pays an annual dividend of $0.63 per share and has a dividend yield of 5.8%.

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

In the previous week, Invesco Trust for Investment Grade Municipals' average media sentiment score of 1.00 beat Invesco California Value Municipal Income Trust's score of -1.00 indicating that Invesco Trust for Investment Grade Municipals is being referred to more favorably in the media.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Invesco Trust for Investment Grade Municipals$54.04MN/AN/AN/AN/A
Invesco California Value Municipal Income TrustN/AN/AN/AN/AN/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 Trust for Investment Grade MunicipalsOutperform Votes
168
76.36%
Underperform Votes
52
23.64%
Invesco California Value Municipal Income TrustOutperform Votes
205
66.78%
Underperform Votes
102
33.22%

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.

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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$8.70B$11.78B$19.94B
Dividend Yield5.99%6.85%6.02%3.71%
P/E RatioN/A0.4525.3041.41
Price / SalesN/A12.6528.4116.25
Price / CashN/A6.8017.2619.84
Price / BookN/A0.982.655.76
Net IncomeN/A$73.96M$1.04B$993.25M
7 Day Performance1.76%1.61%1.95%2.27%
1 Month Performance2.28%1.39%0.91%4.76%
1 Year Performance5.92%6.38%14.70%18.83%

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$10.12
-0.2%
N/A+5.9%$0.00$54.04M0.00147,000Positive News
VCV
Invesco California Value Municipal Income Trust
N/A$10.83
-2.6%
N/A+12.7%$0.00$51.29M0.00N/ANegative News
VMO
Invesco Municipal Opportunity Trust
N/A$9.56
-0.2%
N/A+4.4%$0.00$65.85M0.00N/A
VKQ
Invesco Municipal Trust
N/A$9.68
+0.4%
N/A+5.6%$0.00$53.97M0.00147,000
IQI
Invesco Quality Municipal Income Trust
N/A$9.69
-0.2%
N/A+5.0%$0.00$52.90M0.00147,000
IIM
Invesco Value Municipal Income Trust
N/A$11.84
-0.7%
N/A+4.9%$0.00$55.51M0.00147,000Positive News
SBI
Western Asset Intermediate Muni Fund
N/A$7.75
-0.8%
N/A+1.8%$0.00$5.83M0.00N/A
MHF
Western Asset Municipal High Income Fund
N/A$6.92
-0.7%
N/A+9.1%$0.00$18.42M0.00N/A
AMCR
Amcor
4.1356 of 5 stars
$9.52
+1.2%
$11.46
+20.3%
+2.5%$13.76B$13.55B17.9641,000
TY
Tri-Continental
N/A$31.36
+0.3%
N/A+12.9%$1.69B$282.60M0.00N/APositive News
GAM
General American Investors
N/A$50.82
+0.1%
N/A+22.6%$1.22B$301.04M0.003,313News Coverage
Positive News

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This page (NYSE:VGM) was last updated on 1/21/2025 by MarketBeat.com Staff
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