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Upturn AI SWOT - About
Invesco Trust For Inv Grade Munis (VGM)
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Upturn Advisory Summary
06/30/2025: VGM (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
Analysts rated it
Highly popular stock, broad analyst coverage, trusted insights, strong investor interest.
1 Year Target Price $
1 Year Target Price $
| 1 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 0% | Avg. Invested days 0 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 514.12M USD | Price to earnings Ratio 24.95 | 1Y Target Price - |
Price to earnings Ratio 24.95 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.67 | 52 Weeks Range 9.28 - 10.70 | Updated Date 06/29/2025 |
52 Weeks Range 9.28 - 10.70 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 8.18% | Basic EPS (TTM) 0.38 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 47.96% | Operating Margin (TTM) 87.17% |
Management Effectiveness
Return on Assets (TTM) 2.49% | Return on Equity (TTM) 3.34% |
Valuation
Trailing PE 24.95 | Forward PE - | Enterprise Value 794670016 | Price to Sales(TTM) 12.15 |
Enterprise Value 794670016 | Price to Sales(TTM) 12.15 | ||
Enterprise Value to Revenue 27 | Enterprise Value to EBITDA - | Shares Outstanding 54232000 | Shares Floating - |
Shares Outstanding 54232000 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 37.63 |
Analyst Ratings
Rating 5 | Target Price - | Buy - | Strong Buy 1 |
Buy - | Strong Buy 1 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Invesco Trust For Inv Grade Munis
Company Overview
History and Background
Invesco Trust For Investment Grade New York Municipal Securities is a closed-end management investment company. The Trust was founded to provide current income exempt from federal and New York State income taxes, consistent with preservation of capital.
Core Business Areas
- Investment Management: Manages a portfolio of investment-grade municipal securities. This is the core business of the Trust.
Leadership and Structure
The Trust is managed by Invesco Advisers, Inc., as the investment adviser. Specific leadership details and the exact organizational chart are not publicly available but would adhere to standard practices for fund management companies.
Top Products and Market Share
Key Offerings
- Investment Grade Municipal Bonds: The Trust invests primarily in investment-grade municipal bonds, seeking tax-exempt income. The fund's market share is related to the assets under management within the municipal bond closed-end fund space, which is fragmented. Competitors include Nuveen, BlackRock, and Eaton Vance municipal bond funds. Market share fluctuates based on performance and investor demand.
Market Dynamics
Industry Overview
The municipal bond market is influenced by interest rates, credit quality of issuers, and tax policies. Demand is driven by investors seeking tax-advantaged income. Recent years have seen increased volatility due to inflation and rising interest rates.
Positioning
Invesco Trust For Inv Grade Munis aims to provide stable, tax-exempt income, making it suitable for risk-averse investors and high-income earners. It competes with other municipal bond funds based on yield, expenses, and credit quality.
Total Addressable Market (TAM)
The TAM is the total value of the municipal bond market, which is trillions of dollars. The fund's positioning depends on its ability to attract and retain assets within this market segment, competing against other funds and direct bond investments.
Upturn SWOT Analysis
Strengths
- Experienced Management Team
- Tax-Exempt Income
- Diversified Portfolio of Investment-Grade Municipal Bonds
Weaknesses
- Sensitivity to Interest Rate Changes
- Closed-End Fund Structure Can Trade at a Discount to NAV
- Limited Upside Potential Compared to Equity Investments
Opportunities
- Increased Demand for Tax-Advantaged Investments
- Expansion into New Municipal Bond Sectors
- Strategic Partnerships with Financial Advisors
Threats
- Rising Interest Rates
- Credit Downgrades of Municipal Issuers
- Changes in Tax Laws
Competitors and Market Share
Key Competitors
- Nuveen (JPT)
- BlackRock (BTA)
- Eaton Vance (EVN)
Competitive Landscape
Invesco Trust For Inv Grade Munis competes on the basis of yield, expense ratio, credit quality, and management expertise. The fund's success depends on its ability to deliver competitive risk-adjusted returns.
Growth Trajectory and Initiatives
Historical Growth: Growth is primarily driven by increasing assets under management (AUM) and generating competitive returns. Historical AUM and performance data are publicly available.
Future Projections: Future growth depends on the fund's ability to attract and retain investors in a competitive market environment, as well as overall market conditions.
Recent Initiatives: Specific initiatives may involve adjusting the portfolio composition to manage risk and enhance returns, or implementing new marketing strategies to attract investors. This data is usually revealed in fund reports.
Summary
Invesco Trust For Inv Grade Munis provides tax-exempt income through investment-grade municipal bonds. The fund's strengths include its experienced management and diversified portfolio. Key challenges include sensitivity to interest rate changes and potential discounts to NAV. Future performance depends on market conditions and the ability to attract and retain investor assets.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Invesco Website
- SEC Filings
- Financial News Outlets
- Yahoo Finance
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Market data is dynamic and subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Invesco Trust For Inv Grade Munis
Exchange NYSE | Headquaters Atlanta, GA, United States | ||
IPO Launch date 1992-02-19 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
Invesco Trust for Investment Grade Municipals is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc., INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations. It employs fundamental analysis with bottom-up security selection approach to create its portfolio. The fund was formerly known as Invesco Van Kampen Trust for Investment Grade Municipals. Invesco Trust for Investment Grade Municipals was formed on January 24, 1992 and is domiciled in the United States.
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