Equities

Invesco Trust for Investment Grade Municipals

VGM:NYQ

Invesco Trust for Investment Grade Municipals

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FinancialsClosed End Investments
  • Price (USD)10.16
  • Today's Change-0.03 / -0.29%
  • Shares traded190.45k
  • 1 Year change+7.97%
  • Beta0.5527
Data delayed at least 15 minutes, as of Nov 22 2024.
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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)43.12m
  • Net income in USD53.31m
  • 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 Trst31.95m71.19m528.07m--7.420.8957--16.532.222.220.995818.380.0555--6.08--12.36--12.38--77.26--222.83------0.00--0.0323--192.83------
Innventure Inc0.00-5.79m528.18m----1.85-----0.3499-0.34990.005.760.00-------3.37---3.47--------------0.0419-------60.50------
AA Mission Acquisition Corp-100.00bn-100.00bn528.62m----1.04----------9.65----------------------------0.00--------------
Vinci Partners Investments Ltd82.62m31.15m540.09m275.0018.162.4015.616.540.56220.56221.484.260.2288--6.89300,422.208.5118.339.3321.51----37.2249.49----0.351367.8011.3521.420.542831.26107.07--
First Trust High Yld Oprtnts 2027 Trm Fd51.29m54.06m541.30m--10.010.9613--10.551.471.471.3915.310.0731--3.52--7.70--7.81--63.15--105.41------0.1887---0.8694--375.73------
Blackrock Health Sciences Trust7.99m54.65m541.58m--9.910.8788--67.773.923.920.573144.200.013--2.15--8.867.748.917.80100.00--683.94652.44----0.001772.215.9812.56175.62-2.26--1.30
Invesco Municipal Trust42.74m53.23m545.61m--10.250.8946--12.770.96190.96190.772411.020.0457--2.09--5.690.94435.800.951254.7766.10124.5323.49----0.3411281.87-1.89-3.31152.0715.66---7.90
Invesco Trust for Investment GradeMncpls43.12m53.31m551.00m--10.340.8952--12.780.9830.9830.795111.350.0459--2.32--5.670.86455.780.871252.6764.55123.6321.76----0.3223305.62-2.17-3.71150.8219.66---8.64
Blackstone Strategic Credit 2027 Trm Fnd86.61m68.71m553.84m--8.060.9712--6.391.541.541.9412.770.0908--2.77--7.202.257.792.4261.7367.7979.3433.06----0.3705199.0630.75-1.60212.89----1.13
Columbia Seligman Prmm Tchnlgy Grwth Fnd4.47m115.60m555.80m--4.801.03--124.276.996.990.270632.610.0089--22.10--23.03--23.14---14.65--2,584.61------0.00--9.30--188.01------
Nuveen Dow 30SM Dynamic Overwrite Fund11.92m43.51m559.69m--12.860.9711--46.941.201.200.327915.850.0202--65.05--7.375.757.515.8256.8959.96364.90271.04----0.0005103.36-1.71-3.86256.37-----1.55
Blackrock Multi-Sector Income Trust-100.00bn-100.00bn563.12m----1.01----------14.44----------------------------0.3822--------------
BlackRock Enhanced Interntnl Dvdnd Trust15.73m43.82m564.53m--12.830.8964--35.900.43880.43880.15776.280.0246--3.26--6.84--6.88--58.51--278.61------0.00---8.58--224.99------
Phi Group Inc880.69m100.41m565.21m2.55k7.151.113.530.64183.253.2528.5420.90------345,504.50------------11.40--2.4921.580.073--15.84--74.25------
Pimco Municipal Income Fund II-100.00bn-100.00bn568.90m0.00------------------------------------------------------------
Western Asset Managed Municipals Fnd Inc36.29m26.02m569.67m0.0021.910.916--15.700.4760.4760.663911.390.0436--487.77--3.130.47273.170.47875.0676.6371.7812.26----0.3225595.5919.75-0.9244334.24-8.08---6.25
Data as of Nov 22 2024. Currency figures normalised to Invesco Trust for Investment Grade Municipals's reporting currency: US Dollar USD

Institutional shareholders

24.67%Per cent of shares held by top holders
HolderShares% Held
Karpus Management, Inc.as of 30 Sep 20242.83m5.21%
Sit Investment Associates, Inc.as of 30 Sep 20242.49m4.60%
Saba Capital Management LPas of 30 Sep 20242.40m4.43%
RiverNorth Capital Management LLCas of 30 Sep 20241.61m2.97%
Robinson Capital Management LLCas of 30 Sep 2024956.27k1.76%
Advisor Partners II LLCas of 30 Sep 2024760.54k1.40%
Truist Advisory Services, Inc.as of 30 Sep 2024753.79k1.39%
Fiera Capital Corp. (Investment Management)as of 30 Sep 2024543.55k1.00%
Guggenheim Partners Investment Management LLCas of 30 Sep 2024535.11k0.99%
UBS Financial Services, Inc.as of 30 Sep 2024491.89k0.91%
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Data from 30 Sep 2024 - 30 Sep 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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