VTN
Price:
$11.35
Market Cap:
$221.07M
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
According to Invesco Trust for Investment Grade New York Municipals’s latest financial reports and current stock price. The company's current PE Ratio is 11.70. This represents a change of 68.26% compared to the average of 6.95 of the last 4 quarters.
The mean historical PE Ratio of Invesco Trust for Investment Grade New York Municipals over the last ten years is 44.89. The current 11.70 PE Ratio has changed 2.51% with respect to the historical average. Over the past ten years (40 quarters), VTN's PE Ratio was at its highest in in the November 2022 quarter at 142.27. The PE Ratio was at its lowest in in the November 2017 quarter at -25.51.
Average
44.89
Median
10.24
Minimum
-111.21
Maximum
511.31
Discovering the peaks and valleys of Invesco Trust for Investment Grade New York Municipals PE 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 = 112.65%
Maximum Annual PE Ratio = 511.31
Minimum Annual Increase = -1139.16%
Minimum Annual PE Ratio = -111.21
Year | PE Ratio | Change |
---|---|---|
2024 | 12.51 | -288.13% |
2023 | -6.65 | -101.30% |
2022 | 511.31 | -1139.16% |
2021 | -49.20 | -726.90% |
2020 | 7.85 | -73.56% |
2019 | 29.69 | -0.14% |
2018 | 29.73 | -126.73% |
2017 | -111.21 | -756.12% |
2016 | 16.95 | 112.65% |
2015 | 7.97 | -133.46% |
The current PE 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
172.39
5-year avg
95.16
10-year avg
44.89
Invesco Trust for Investment Grade New York Municipals’s PE Ratio is less than PIMCO New York Municipal Income Fund II (21.73), less than Eaton Vance New York Municipal Income Trust (16.56), less than PIMCO New York Municipal Income Fund III (18.85), less than BlackRock New York Municipal Income Trust (24.46), greater than Invesco California Value Municipal Income Trust (5.02), greater than GAMCO Natural Resources, Gold & Income Trust (10.40), less than Nuveen Pennsylvania Quality Municipal Income Fund (13.55), greater than Invesco Advantage Municipal Income Trust II (7.19), less than MFS Investment Grade Municipal Trust (44.38), greater than Virtus Convertible & Income 2024 Target Term Fund (0), greater than Invesco High Income 2024 Target Term Fund (8.34), greater than Eaton Vance National Municipal Opportunities Trust (8.53), less than Federated Hermes Premier Municipal Income Fund (23.82), greater than Nuveen California Select Tax-Free Income Portfolio (7.72), less than BlackRock MuniHoldings New York Quality Fund, Inc. (24.19), less than DWS Municipal Income Trust (27.36), greater than RiverNorth Flexible Municipal Income Fund II, Inc. (10.56),
Company | PE Ratio | Market cap |
---|---|---|
21.73 | $83.02M | |
16.56 | $81.95M | |
18.85 | $33.80M | |
24.46 | $253.71M | |
5.02 | $495.19M | |
10.40 | $95.44M | |
13.55 | $438.05M | |
7.19 | $396.99M | |
44.38 | $66.38M | |
0 | $167.75M | |
8.34 | $66.25M | |
8.53 | $266.40M | |
23.82 | $127.63M | |
7.72 | $84.62M | |
24.19 | $322.98M | |
27.36 | $386.24M | |
10.56 | $340.34M |
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