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Invesco Trust for Investment Grade Municipals (VGM) Competitors

Invesco Trust for Investment Grade Municipals logo
$10.27
-0.09 (-0.87%)
(As of 11/1/2024 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 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 stock? We will compare the two businesses based on the strength of their dividends, institutional ownership, risk, valuation, earnings, profitability, community ranking, media sentiment and analyst recommendations.

In the previous week, Invesco California Value Municipal Income Trust had 1 more articles in the media than Invesco Trust for Investment Grade Municipals. MarketBeat recorded 1 mentions for Invesco California Value Municipal Income Trust and 0 mentions for Invesco Trust for Investment Grade Municipals. Invesco Trust for Investment Grade Municipals' average media sentiment score of 0.00 beat Invesco California Value Municipal Income Trust's score of -0.16 indicating that Invesco Trust for Investment Grade Municipals is being referred to more favorably in the 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.

Invesco Trust for Investment Grade Municipals pays an annual dividend of $0.58 per share and has a dividend yield of 5.6%. Invesco California Value Municipal Income Trust pays an annual dividend of $0.57 per share and has a dividend yield of 5.6%.

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 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

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

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Invesco Trust for Investment Grade Municipals
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Invesco California Value Municipal Income Trust
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Summary

Invesco Trust for Investment Grade Municipals and Invesco California Value Municipal Income Trust tied by winning 4 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$7.88B$10.49B$19.27B
Dividend Yield5.61%6.37%10.00%3.53%
P/E RatioN/A0.9843.2741.56
Price / SalesN/A18.903,256.7514.65
Price / CashN/A7.1930.1120.85
Price / BookN/A0.933.985.39
Net IncomeN/A$73.96M$992.99M$985.39M
7 Day Performance0.98%-0.49%-0.36%-0.70%
1 Month Performance-3.11%-2.50%0.25%-0.97%
1 Year Performance19.70%15.55%22.85%25.06%

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$10.27
-0.9%
N/A+20.4%$0.00N/A0.00147,000Negative News
VCV
Invesco California Value Municipal Income Trust
N/A$10.24
-0.4%
N/A+24.6%$0.00N/A0.00N/ANews Coverage
Negative News
VMO
Invesco Municipal Opportunity Trust
N/A$9.83
+0.2%
N/A+20.3%$0.00$57.62M0.00N/A
VKQ
Invesco Municipal Trust
N/A$9.98
+0.1%
N/A+20.6%$0.00N/A0.00147,000Positive News
IQI
Invesco Quality Municipal Income Trust
N/A$9.96
flat
N/A+20.0%$0.00$45.14M0.00147,000Negative News
IIM
Invesco Value Municipal Income Trust
N/A$12.41
+0.2%
N/A+21.0%$0.00$46.71M0.00147,000Positive News
SBI
Western Asset Intermediate Muni Fund
N/A$8.02
flat
N/A+12.8%$0.00$5.83M0.00N/ANegative News
MHF
Western Asset Municipal High Income Fund
N/A$6.97
-1.4%
N/A+14.5%$0.00$6.41M0.00N/ANegative News
High Trading Volume
AMCR
Amcor
3.5355 of 5 stars
$11.08
+0.7%
$10.78
-2.7%
+17.8%$16.01B$13.64B21.7341,000Earnings Report
Dividend Increase
News Coverage
Positive News
GAM
General American Investors
N/A$53.34
+0.0%
N/A+28.7%$1.28B$301.04M0.003,313Positive News
MQY
BlackRock MuniYield Quality Fund
N/A$12.46
-0.8%
N/A+22.3%$917.85MN/A0.00N/APositive News

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This page (NYSE:VGM) was last updated on 11/2/2024 by MarketBeat.com Staff
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