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Upturn AI SWOT - About
Invesco Trust For Inv Grade NY Munis (VTN)
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Upturn Advisory Summary
06/30/2025: VTN (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 149.74M USD | Price to earnings Ratio 35.34 | 1Y Target Price - |
Price to earnings Ratio 35.34 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.68 | 52 Weeks Range 9.49 - 11.68 | Updated Date 06/29/2025 |
52 Weeks Range 9.49 - 11.68 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 8.02% | Basic EPS (TTM) 0.29 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 39% | Operating Margin (TTM) 85.72% |
Management Effectiveness
Return on Assets (TTM) 2.52% | Return on Equity (TTM) 2.88% |
Valuation
Trailing PE 35.34 | Forward PE - | Enterprise Value 346623968 | Price to Sales(TTM) 9.97 |
Enterprise Value 346623968 | Price to Sales(TTM) 9.97 | ||
Enterprise Value to Revenue 30.41 | Enterprise Value to EBITDA - | Shares Outstanding 14608300 | Shares Floating - |
Shares Outstanding 14608300 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 13.34 |
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 NY Munis
Company Overview
History and Background
Invesco Trust For Investment Grade New York Municipal Securities is a closed-end management investment company. It was formed to seek current income exempt from federal and New York state and city income taxes, consistent with preservation of capital.
Core Business Areas
- Municipal Bond Investments: The Trust invests primarily in investment-grade municipal securities issued by the State of New York and its political subdivisions, authorities, and other instrumentalities.
Leadership and Structure
The fund is managed by Invesco Advisers, Inc. The management team comprises experienced investment professionals focusing on municipal bond markets.
Top Products and Market Share
Key Offerings
- Investment Grade NY Municipal Bonds: The primary offering is a portfolio of investment-grade municipal bonds issued in New York. Market share data is not directly applicable as it is a specific fund focusing on NY munis. Competitors include other NY municipal bond funds and individual bond investments.
Market Dynamics
Industry Overview
The municipal bond market is influenced by factors like interest rates, credit ratings, tax policies, and economic conditions. Demand is driven by investors seeking tax-exempt income.
Positioning
The Trust specializes in New York municipal bonds, differentiating itself through state-specific focus. Competitive advantage lies in expertise in this niche and efficient management.
Total Addressable Market (TAM)
The total outstanding amount of US municipal bonds is several trillion dollars. The Invesco Trust For Inv Grade NY Munis focuses on a segment of NY investment grade bonds, representing a small portion of the total municipal bond market.
Upturn SWOT Analysis
Strengths
- Tax-exempt income for NY residents
- Focus on investment-grade securities
- Experienced management team
- Closed-end structure allows for stable asset base
Weaknesses
- Concentration in NY municipal bonds increases risk
- Sensitivity to interest rate changes
- Subject to market volatility
- Expense ratio can impact returns
Opportunities
- Rising demand for tax-exempt income
- Increased investment in infrastructure projects in NY
- Potential for capital appreciation
- Expansion into other municipal bond sectors
Threats
- Rising interest rates reducing bond values
- Credit downgrades of NY municipal bonds
- Changes in tax laws reducing tax benefits
- Competition from other investment vehicles
Competitors and Market Share
Key Competitors
- Nuveen AMT-Free Quality Municipal Income Fund (NEA)
- BlackRock MuniYield New York Quality Fund (MYN)
- Eaton Vance New York Municipal Bond Fund (ENX)
Competitive Landscape
VNY's advantage lies in its specific focus on NY investment grade bonds. Disadvantages include concentration risk and sensitivity to NY-specific economic conditions.
Growth Trajectory and Initiatives
Historical Growth: Growth is primarily tied to the performance of the municipal bond market and investor demand for tax-exempt income.
Future Projections: Future growth is dependent on factors like interest rates, economic conditions, and tax policies. Analyst estimates are not widely available for this specific fund.
Recent Initiatives: Initiatives focus on managing the portfolio efficiently and adapting to changing market conditions.
Summary
Invesco Trust For Investment Grade New York Municipal Securities (VNY) offers tax-exempt income to New York residents through a focused portfolio. Its strength lies in its specialization, but this concentration also presents risks. Performance is heavily reliant on the New York municipal bond market. Investors should monitor interest rate and credit risk trends to assess the fund's potential.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Invesco's official website
- Financial data providers (e.g., Bloomberg, Reuters)
- Fund prospectuses and reports
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual risk tolerance and financial circumstances. Market share data is based on fund assets.
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 NY Munis
Exchange NYSE | Headquaters Atlanta, GA, United States | ||
IPO Launch date 1992-05-13 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
Invesco Trust for Investment Grade New York 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 New York 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 New York Municipals. Invesco Trust for Investment Grade New York Municipals was formed on March 27, 1992 and is domiciled in the United States.
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