VGM
Price:
$10.15
Market Cap:
$550.45M
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
According to Invesco Trust for Investment Grade Municipals’s latest financial reports and current stock price. The company's current ROE is 10.22%. This represents a change of 301.75% compared to the average of 2.54% of the last 4 quarters.
The mean historical ROE of Invesco Trust for Investment Grade Municipals over the last ten years is 2.79%. The current 10.22% ROE has changed 266.51% with respect to the historical average. Over the past ten years (40 quarters), VGM's ROE was at its highest in in the August 2022 quarter at 8.80%. The ROE was at its lowest in in the May 2022 quarter at -6.80%.
Average
2.79%
Median
3.16%
Minimum
-15.65%
Maximum
11.75%
Discovering the peaks and valleys of Invesco Trust for Investment Grade Municipals ROE, 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 = 4.32%
Maximum Annual ROE = 11.75%
Minimum Annual Increase = -576.62%
Minimum Annual ROE = -15.65%
Year | ROE | Change |
---|---|---|
2024 | 7.65% | -148.85% |
2023 | -15.65% | 4.32% |
2022 | -0.35% | -139.01% |
2021 | 0.91% | -92.26% |
2020 | 11.75% | 340.92% |
2019 | 2.66% | -27.17% |
2018 | 3.66% | 636.03% |
2017 | 0.50% | -90.60% |
2016 | 5.29% | -53.97% |
2015 | 11.49% | -576.62% |
The current ROE of Invesco Trust for Investment Grade Municipals (VGM) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
-2.79%
5-year avg
0.86%
10-year avg
2.79%
Invesco Trust for Investment Grade Municipals’s ROE is less than Invesco Municipal Income Opportunities Trust (26.63%), less than DWS Municipal Income Trust (3.59%), greater than MFS Municipal Income Trust (-2.26%), less than MFS High Income Municipal Trust (4.73%), greater than BlackRock MuniYield Fund, Inc. (-0.96%), less than Invesco Municipal Trust (18.14%), less than Invesco Quality Municipal Income Trust (10.37%), less than Invesco Municipal Opportunity Trust (18.03%), less than Invesco Advantage Municipal Income Trust II (12.62%), less than Invesco California Value Municipal Income Trust (18.35%), greater than BlackRock MuniHoldings Fund, Inc. (-1.67%),
Company | ROE | Market cap |
---|---|---|
26.63% | $309.28M | |
3.59% | $386.24M | |
-2.26% | $228.18M | |
4.73% | $119.17M | |
-0.96% | $510.39M | |
18.14% | $546.71M | |
10.37% | $527.78M | |
18.03% | $664.29M | |
12.62% | $396.99M | |
18.35% | $495.19M | |
-1.67% | $635.08M |
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How does the current ROE for Invesco Trust for Investment Grade Municipals (VGM) compare to its historical average?