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.
Frequently asked questions
What sector does Invesco Trust For Inv Grade Munis (VGM) operate in?
Invesco Trust For Inv Grade Munis belongs to the Financials sector and operates in the Asset Management industry.
What is Invesco Trust For Inv Grade Munis (VGM) current stock price?
As of the latest data, Invesco Trust For Inv Grade Munis stock price is $9.26, with a previous close of $9.01. Invesco Trust For Inv Grade Munis gained $0.25 in the last trading session, representing a 2.77% increase.
What is Invesco Trust For Inv Grade Munis (VGM) current market capitalization?
Invesco Trust For Inv Grade Munis market cap is approximately 502.19 million.
What is Invesco Trust For Inv Grade Munis (VGM) Earnings Per Share (EPS)?
The trailing EPS is $0.31.
What is Invesco Trust For Inv Grade Munis (VGM) Price-to-Earnings (P/E) ratio?
Invesco Trust For Inv Grade Munis current P/E ratio is 29.87.
Does Invesco Trust For Inv Grade Munis (VGM) pay dividends?
Yes. Invesco Trust For Inv Grade Munis pays monthly dividends with an annualized yield of 8.42% and an estimated annual payout of $0.78 per share.
When is the next ex-dividend date for Invesco Trust For Inv Grade Munis (VGM)?
The next ex-dividend date is scheduled for October 14, 2026.
What is Invesco Trust For Inv Grade Munis (VGM) beta (volatility) score?
Invesco Trust For Inv Grade Munis has a beta of 0.706, indicating lower volatility than the overall market.
