Invesco Trust for Investment Grade Municipals

Invesco Trust for Investment Grade Municipalsverified

VGM

Price:

$10.57

Market Cap:

$573.23M

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 portfoli...[Read more]

Industry

Asset Management

IPO Date

1992-02-19

Stock Exchange

NYSE

Ticker

VGM

The Current Ratio as of September 2024 (TTM) for Invesco Trust for Investment Grade Municipals (VGM) is 1.31

According to Invesco Trust for Investment Grade Municipals’s latest financial reports and current stock price. The company's current Current Ratio is 1.31. This represents a change of -8.79% compared to the average of 1.43 of the last 4 quarters.

Invesco Trust for Investment Grade Municipals (VGM) Historical Current Ratio (quarterly & annually)

How has VGM Current Ratio performed in the past?

The mean historical Current Ratio of Invesco Trust for Investment Grade Municipals over the last ten years is 4.60. The current 1.31 Current Ratio has changed 2.74% with respect to the historical average. Over the past ten years (40 quarters), VGM's Current Ratio was at its highest in in the November 2016 quarter at 15.80. The Current Ratio was at its lowest in in the May 2022 quarter at 0.77.

Quarterly (TTM)
Annual

Average

4.60

Median

3.13

Minimum

1.31

Maximum

15.80

Invesco Trust for Investment Grade Municipals (VGM) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Invesco Trust for Investment Grade Municipals Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 399.97%

Maximum Annual Current Ratio = 15.80

Minimum Annual Increase = -74.49%

Minimum Annual Current Ratio = 1.31

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.31-57.89%
20233.1096.33%
20221.58-74.49%
20216.19190.78%
20202.13-51.70%
20194.41-20.57%
20185.55-64.88%
201715.80399.97%
20163.1611.77%
20152.8340.24%

Invesco Trust for Investment Grade Municipals (VGM) Average Current Ratio

How has VGM Current Ratio performed in the past?

The current Current Ratio of Invesco Trust for Investment Grade Municipals (VGM) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.99

5-year avg

2.86

10-year avg

4.60

Invesco Trust for Investment Grade Municipals (VGM) Current Ratio vs. Peers

How is VGM’s Current Ratio compared to its peers?

Invesco Trust for Investment Grade Municipals’s Current Ratio is less than Invesco Municipal Income Opportunities Trust (46.22), less than DWS Municipal Income Trust (2.16), greater than MFS Municipal Income Trust (0.05), less than MFS High Income Municipal Trust (4.29), greater than BlackRock MuniYield Fund, Inc. (0.30), less than Invesco Municipal Trust (1.39), less than Invesco Quality Municipal Income Trust (2.06), greater than Invesco Municipal Opportunity Trust (1.17), greater than Invesco Advantage Municipal Income Trust II (0), less than Invesco California Value Municipal Income Trust (7.02), greater than BlackRock MuniHoldings Fund, Inc. (0.31),

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