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Invesco Trust for Investment Grade Municipals (VGM) Competitors

Invesco Trust for Investment Grade Municipals logo
$10.18 -0.01 (-0.10%)
(As of 11:00 AM ET)

VGM vs. VCV, VMO, VKQ, IQI, IIM, JCSE, SBI, MHF, AMCR, 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), JE Cleantech (JCSE), Western Asset Intermediate Muni Fund (SBI), Western Asset Municipal High Income Fund (MHF), Amcor (AMCR), 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 better business? We will contrast the two businesses based on the strength of their dividends, risk, profitability, institutional ownership, media sentiment, valuation, community ranking, earnings and analyst recommendations.

In the previous week, Invesco California Value Municipal Income Trust's average media sentiment score of 0.00 beat Invesco Trust for Investment Grade Municipals' score of -0.55 indicating that Invesco California Value Municipal Income Trust is being referred to more favorably in the news media.

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

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 large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

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%

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Invesco Trust for Investment Grade MunicipalsN/AN/AN/AN/AN/A
Invesco California Value Municipal Income TrustN/AN/AN/AN/AN/A

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 $0.61 per share and has a dividend yield of 6.0%. Invesco California Value Municipal Income Trust pays an annual dividend of $0.60 per share and has a dividend yield of 5.8%.

Summary

Invesco California Value Municipal Income Trust beats Invesco Trust for Investment Grade Municipals on 4 of the 7 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$8.30B$10.53B$19.90B
Dividend Yield6.00%6.41%10.13%3.49%
P/E RatioN/A0.4546.3836.63
Price / SalesN/A12.083,473.7917.98
Price / CashN/A7.0230.6021.28
Price / BookN/A0.944.084.58
Net IncomeN/A$73.96M$1.02B$985.06M
7 Day Performance-0.97%-0.54%0.20%0.51%
1 Month Performance-2.26%-1.94%7.38%1.13%
1 Year Performance8.18%11.34%24.42%24.80%

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$10.18
-0.1%
N/A+8.0%$0.00N/A0.00147,000
VCV
Invesco California Value Municipal Income Trust
N/A$10.26
+0.2%
N/A+12.4%$0.00N/A0.00N/A
VMO
Invesco Municipal Opportunity Trust
N/A$9.88
+0.1%
N/A+9.8%$0.00N/A0.00N/A
VKQ
Invesco Municipal Trust
N/A$9.94
-0.2%
N/A+10.1%$0.00$53.97M0.00147,000
IQI
Invesco Quality Municipal Income Trust
N/A$9.99
+0.1%
N/A+10.6%$0.00N/A0.00147,000
IIM
Invesco Value Municipal Income Trust
N/A$12.26
+0.2%
N/A+8.2%$0.00N/A0.00147,000
JCSE
JE Cleantech
N/A$1.17
flat
N/A+57.4%$0.00$13.67M0.00103
SBI
Western Asset Intermediate Muni Fund
N/A$8.04
-0.4%
N/A+7.3%$0.00$5.83M0.00N/ADividend Announcement
Positive News
MHF
Western Asset Municipal High Income Fund
N/A$7.11
-0.3%
N/A+12.8%$0.00N/A0.00N/ADividend Increase
News Coverage
Positive News
AMCR
Amcor
2.6485 of 5 stars
$10.28
-0.6%
$10.94
+6.4%
+10.3%$14.86B$13.64B19.5041,000Options Volume
Analyst Revision
News Coverage
GAM
General American Investors
N/A$49.65
+0.2%
N/A+19.1%$1.19BN/A0.003,313Ex-Dividend
News Coverage
Positive News

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This page (NYSE:VGM) was last updated on 11/21/2024 by MarketBeat.com Staff
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