Equities

Invesco Trust for Investment Grade Municipals

VGM:NYQ

Invesco Trust for Investment Grade Municipals

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FinancialsClosed End Investments
  • Price (USD)9.87
  • Today's Change-0.03 / -0.30%
  • Shares traded134.98k
  • 1 Year change+2.28%
  • Beta0.5389
Data delayed at least 15 minutes, as of Jun 01 2024 00:00 BST.
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About the company

Invesco Trust for Investment Grade Municipals (the Trust) is a diversified, closed-end management investment trust. The Trust's investment objective is to provide common shareholders with a high level of current income exempt from federal income tax, consistent with preservation of capital. It will invest substantially all of its assets in municipal securities rated investment grade at the time of investment. Municipal securities include municipal bonds, municipal notes, municipal commercial paper and lease obligations. Under normal market conditions, approximately 80% of the Trust’s total assets will be invested in municipal securities. The Trust may invest up to 20% of its total assets in municipal securities rated below investment grade or that are unrated. Invesco Advisers, Inc. serves as its investment advisor.

  • Revenue in USD (TTM)43.42m
  • Net income in USD47.19m
  • Incorporated1991
  • Employees--
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Thornburg Income Builder Opportunts Trst31.95m71.19m512.03m--7.190.8685--16.032.222.220.995818.380.0555--6.08--12.36--12.38--77.26--222.83------0.00--0.0323--192.83------
Gladstone Investment Corporation117.56m85.31m514.74m70.005.661.04--4.382.482.483.4113.430.138--22.051,679,457.0010.017.3610.507.6536.9850.1272.5654.79----0.44787.7427.37-1.72139.980.8945--20.76
First Trust High Yld Oprtnts 2027 Trm Fd50.00m42.73m518.50m--12.130.9043--10.371.161.161.3615.590.0691--2.50--5.90--5.97--63.51--85.46------0.1929---14.46--73.08------
Western Asset Infltn-Lnkd Opts & Ime Fnd-100.00bn-100.00bn525.57m--------------------------------------------------------------
Columbia Seligman Prmm Tchnlgy Grwth Fnd-100.00bn-100.00bn529.69m--------------------------------------------------------------
Blackstone Strategic Credit 2027 Trm Fnd82.76m80.65m529.72m--6.570.9368--6.401.811.811.8512.660.0866--2.29--8.432.259.242.4262.8467.7997.4533.06----0.3664199.0630.75-1.60212.89----1.13
Invesco Trust for Investment GradeMncpls43.42m47.19m535.27m--11.340.8673--12.330.87020.87020.800611.380.0448--3.02--4.870.86454.940.871252.1564.55108.7021.76----0.3413305.62-2.17-3.71150.8219.66---8.64
India Fund Inc5.45m97.86m536.34m--5.450.9664--98.433.173.170.177417.870.0099--31.49--17.765.8118.386.04-10.46-4.401,795.94566.60----0.00172.62-0.1874-9.51192.07-----10.15
Invesco Municipal Trust43.05m47.08m538.41m--11.440.8798--12.510.85090.85090.777911.060.0454--3.27--4.970.94435.030.951254.9566.10109.3823.49----0.3284281.87-1.89-3.31152.0715.66---7.90
Nuveen Calfrna AMT-Free Qlty Mncpl IncFd-100.00bn-100.00bn545.53m--------------------------------------------------------------
John Hancock Financial Opprts Fund-100.00bn-100.00bn552.80m--------------------------------------------------------------
Western Asset Emerging Mrkts Dbt Fnd Inc65.72m71.40m552.95m--7.500.88117.748.411.241.241.1210.570.076--667.47--8.261.238.291.2966.0875.47108.6519.26----0.2882459.358.04-5.61147.73-----5.18
BlackRock Enhanced Interntnl Dvdnd Trust-100.00bn-100.00bn555.54m--------------------------------------------------------------
Blackrock Multi-Sector Income Trust-100.00bn-100.00bn556.07m----0.9988----------14.76----------------------------0.3424--------------
Blackrock Health Sciences Trust8.19m20.02m556.23m--27.790.9457--67.891.441.440.587642.180.0136--4.11--3.337.743.347.8048.04--244.30652.44----0.000172.215.9812.56175.62-2.26--1.30
Acacia Research Corp134.62m47.76m558.12m170.00146.420.98228.044.150.03810.03811.285.680.22661.7011.20791,876.509.988.2211.4010.3384.5080.0144.0563.9621.02--0.0216--111.24-0.9935141.45--183.16--
Data as of Jun 01 2024. Currency figures normalised to Invesco Trust for Investment Grade Municipals's reporting currency: US Dollar USD

Institutional shareholders

26.72%Per cent of shares held by top holders
HolderShares% Held
Karpus Management, Inc.as of 31 Mar 20243.87m7.13%
Saba Capital Management LPas of 02 May 20242.87m5.29%
Sit Investment Associates, Inc.as of 31 Mar 20242.42m4.47%
RiverNorth Capital Management LLCas of 31 Mar 20241.59m2.94%
Fiera Capital Corp. (Investment Management)as of 31 Mar 2024801.69k1.48%
Truist Advisory Services, Inc.as of 31 Mar 2024772.80k1.43%
Robinson Capital Management LLCas of 31 Mar 2024683.16k1.26%
Logan Stone Capital LLCas of 31 Mar 2024562.70k1.04%
Advisor Partners II LLCas of 31 Mar 2024470.53k0.87%
Morgan Stanley Smith Barney LLC (Investment Management)as of 31 Mar 2024451.22k0.83%
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Data from 31 Mar 2024 - 31 Mar 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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