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VTN
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Invesco Trust For Inv Grade NY Munis (VTN)

Upturn stock ratingUpturn stock rating
$10.41
Last Close (24-hour delay)
Profit since last BUY0.39%
upturn advisory
Consider higher Upturn Star rating
BUY since 33 days
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  • SELL Advisory (Loss)​
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Upturn Advisory Summary

08/14/2025: VTN (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

0 Analysts rated it

Highly popular stock, broad analyst coverage, trusted insights, strong investor interest.

Analysis of Past Performance

Type Stock
Historic Profit -0.6%
Avg. Invested days 44
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

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

ai summary icon Upturn AI SWOT

Invesco Trust For Inv Grade NY Munis

stock logo

Company Overview

overview logo History and Background

Invesco Trust for Investment Grade New York Municipal Securities is a closed-end investment fund. It invests in investment-grade New York municipal securities. Details on founding year and significant milestones are not readily available in standard company profile databases and would require specialized financial data subscriptions.

business area logo Core Business Areas

  • Municipal Bond Investments: The fund primarily invests in a portfolio of New York municipal bonds considered investment grade, aiming to provide current income exempt from federal and New York state and city income taxes.

leadership logo Leadership and Structure

Information on specific leadership teams and organizational structure requires specialized financial data subscriptions, not publicly available.

Top Products and Market Share

overview logo Key Offerings

  • Investment Grade New York Municipal Bonds: The fund's primary product is providing investors with access to a diversified portfolio of investment-grade New York municipal bonds. Exact market share is not directly available. Competitors include other municipal bond funds offered by firms such as BlackRock, Nuveen, and Franklin Templeton.

Market Dynamics

industry overview logo Industry Overview

The municipal bond market involves the issuance and trading of debt securities by state and local governments. It's influenced by interest rates, credit ratings, and tax policies.

Positioning

Invesco Trust For Inv Grade NY Munis is positioned as a provider of tax-exempt income through New York municipal bonds, appealing to investors seeking income and tax advantages.

Total Addressable Market (TAM)

The total addressable market for municipal bonds is vast, encompassing trillions of dollars. Invesco Trust For Inv Grade NY Munis is a small component of the larger New York municipal bond market.

Upturn SWOT Analysis

Strengths

  • Tax-exempt income for New York residents
  • Investment-grade focus reduces credit risk
  • Diversification within New York municipal bonds

Weaknesses

  • Closed-end fund structure can lead to trading at a discount to NAV
  • Concentration in New York municipal bonds
  • Sensitivity to interest rate changes

Opportunities

  • Increasing demand for tax-advantaged investments
  • Potential for capital appreciation if interest rates decline
  • Expansion into other municipal bond strategies

Threats

  • Rising interest rates
  • Credit downgrades of New York municipal bonds
  • Changes in tax laws affecting municipal bond attractiveness

Competitors and Market Share

competitor logo Key Competitors

  • MUB
  • VNY
  • ITM

Competitive Landscape

Invesco Trust For Inv Grade NY Munis competes with other municipal bond funds based on factors such as expense ratios, distribution rates, and historical performance. Its advantage lies in its focus on investment-grade New York municipal bonds.

Growth Trajectory and Initiatives

Historical Growth: Historical growth would be assessed by examining changes in NAV, assets under management (AUM), and distribution rates over time. This data requires real-time financial access.

Future Projections: Future projections would be based on analyst estimates, factoring in interest rate expectations, economic conditions, and the outlook for New York municipal bonds. Analyst estimates are not included due to real-time access constraints.

Recent Initiatives: Recent initiatives would include any changes in investment strategy, expense management, or shareholder communication. Requires up-to-date news sources and company announcements.

Summary

Invesco Trust for Investment Grade New York Municipal Securities offers tax-exempt income to New York residents. As a closed-end fund, its market price can deviate from its NAV. Interest rate increases and credit downgrades pose risks. The fund benefits from the demand for tax-advantaged investments, but is concentrated in New York municipal bonds.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Publicly available fund prospectuses, financial news sources (limited access), ETF.com, Yahoo Finance (limited).

Disclaimers:

This analysis is based on limited publicly available information and does not constitute financial advice. Market share estimates are approximate. Real-time financial data subscriptions were not used for the production of this analysis.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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.