Invesco Trust for Investment Grade New York Municipals

Invesco Trust for Investment Grade New York Municipalsverified

VTN

Price:

$11.53

Market Cap:

$224.58M

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 c...[Read more]

Industry

Asset Management

IPO Date

1992-05-13

Stock Exchange

NYSE

Ticker

VTN

The Current Ratio as of September 2024 (TTM) for Invesco Trust for Investment Grade New York Municipals (VTN) is 3.16

According to Invesco Trust for Investment Grade New York Municipals’s latest financial reports and current stock price. The company's current Current Ratio is 3.16. This represents a change of -29.68% compared to the average of 4.49 of the last 4 quarters.

Invesco Trust for Investment Grade New York Municipals (VTN) Historical Current Ratio (quarterly & annually)

How has VTN Current Ratio performed in the past?

The mean historical Current Ratio of Invesco Trust for Investment Grade New York Municipals over the last ten years is 12.23. The current 3.16 Current Ratio has changed 2.48% with respect to the historical average. Over the past ten years (40 quarters), VTN's Current Ratio was at its highest in in the August 2020 quarter at 44.24. The Current Ratio was at its lowest in in the May 2021 quarter at 0.47.

Quarterly (TTM)
Annual

Average

12.23

Median

6.74

Minimum

1.90

Maximum

40.37

Invesco Trust for Investment Grade New York Municipals (VTN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Invesco Trust for Investment Grade New York 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 = 1.02%

Maximum Annual Current Ratio = 40.37

Minimum Annual Increase = -90.28%

Minimum Annual Current Ratio = 1.90

Quarterly (TTM)
Annual
YearCurrent RatioChange
20243.16-69.40%
202310.33-59.06%
202225.23992.79%
20212.31-17.92%
20202.81-80.57%
201914.47576.13%
20182.1412.49%
20171.90-90.28%
201619.57-51.52%
201540.371.02%

Invesco Trust for Investment Grade New York Municipals (VTN) Average Current Ratio

How has VTN Current Ratio performed in the past?

The current Current Ratio of Invesco Trust for Investment Grade New York Municipals (VTN) 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

12.91

5-year avg

8.77

10-year avg

12.23

Invesco Trust for Investment Grade New York Municipals (VTN) Current Ratio vs. Peers

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

Invesco Trust for Investment Grade New York Municipals’s Current Ratio is greater than PIMCO New York Municipal Income Fund II (0), less than Eaton Vance New York Municipal Income Trust (17.31), greater than PIMCO New York Municipal Income Fund III (0), greater than BlackRock New York Municipal Income Trust (1.34), less than Invesco California Value Municipal Income Trust (7.02), greater than GAMCO Natural Resources, Gold & Income Trust (0), greater than Nuveen Pennsylvania Quality Municipal Income Fund (2.89), greater than Invesco Advantage Municipal Income Trust II (0), greater than MFS Investment Grade Municipal Trust (3.11), greater than Virtus Convertible & Income 2024 Target Term Fund (2.04), greater than Invesco High Income 2024 Target Term Fund (0), greater than Eaton Vance National Municipal Opportunities Trust (0), less than Federated Hermes Premier Municipal Income Fund (4.36), less than Nuveen California Select Tax-Free Income Portfolio (3.34), greater than BlackRock MuniHoldings New York Quality Fund, Inc. (1.37), greater than DWS Municipal Income Trust (2.16), greater than RiverNorth Flexible Municipal Income Fund II, Inc. (2.36),

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