Symbols / VGM Stock $10.33 +2.68% Invesco Trust for Investment Grade Municipals

Financial Services • Asset Management • United States • NYQ
VGM (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Financial Services
Industry Asset Management
CEO Mr. Colin D. Meadows J.D.
Exch · Country NYQ · United States
Market Cap 560.22M
Enterprise Value 851.80M
Income -31.12M
Sales 42.48M
FCF (ttm) 12.66M
Book/sh 10.00
Cash/sh 0.92
Employees —
Insider 10d —
IPO Feb 19, 1992
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 190.42%
P/E —
Forward P/E —
PEG —
P/S 13.19
P/B 1.03
P/C —
EV/EBITDA —
EV/Sales 20.05
Quick Ratio 1.93
Current Ratio 1.93
Debt/Eq 65.69
LT Debt/Eq —
EPS (ttm) -0.57
EPS next Y —
EPS Growth —
Revenue Growth 0.80%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) —
Earnings (prior) —
ROA 2.53%
ROE -5.38%
ROIC —
Gross Margin 100.00%
Oper. Margin 88.21%
Profit Margin -73.26%
Shs Outstand 54.23M
Shs Float —
Insider Own 0.00%
Instit Own 23.57%
Short Float 0.22%
Short Ratio 0.64
Short Interest 121.19K
52W High 10.66
vs 52W High -3.10%
52W Low 9.37
vs 52W Low 10.25%
Beta 0.69
Impl. Vol. —
Rel Volume 0.88
Avg Volume 170.13K
Volume 149.34K
Target (mean) —
Tgt Median —
Tgt Low —
Tgt High —
# Analysts —
Recom None
Prev Close $10.06
Price $10.33
Change 2.68%
About

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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$10.33
Latest analyst target
3. DCF / Fair value
$4.20
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$10.33
Low
—
High
—
Mean
—
Insider Transactions

No recent insider transactions.

Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-02-28 2024-02-29 2023-02-28 2022-02-28
Total Revenue
21.00
-55.89%
47.61
+151.46%
-92.52
-4174.37%
-2.16
Operating Revenue
21.00
-55.89%
47.61
+151.46%
-92.52
-4174.37%
-2.16
Operating Expense
0.71
+71.32%
0.42
+21.30%
0.34
-8.08%
0.37
Selling General And Administration
0.67
+78.63%
0.37
+27.44%
0.29
-3.51%
0.30
General And Administrative Expense
0.67
+78.63%
0.37
+27.44%
0.29
-3.51%
0.30
Other Operating Expenses
0.04
+5.90%
0.04
-15.26%
0.05
-28.32%
0.07
Net Income
20.29
-57.01%
47.19
+150.82%
-92.86
-3560.09%
-2.54
Pretax Income
20.29
-57.01%
47.19
+150.82%
-92.86
-3560.09%
-2.54
Net Interest Income
28.95
+2.89%
28.14
-15.46%
33.29
-15.86%
39.56
Interest Expense
13.32
-12.72%
15.26
+37.53%
11.09
+141.04%
4.60
Interest Income
42.27
-2.60%
43.39
-2.22%
44.38
+0.50%
44.16
Gain On Sale Of Security
-4.13
+66.32%
-12.26
+71.96%
-43.74
-3664.98%
-1.16
Tax Rate For Calcs
0.00
+0.00%
0.00
0.00
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
20.29
-57.01%
47.19
+150.82%
-92.86
-3560.09%
-2.54
Net Income From Continuing Operation Net Minority Interest
20.29
-57.01%
47.19
+150.82%
-92.86
-3560.09%
-2.54
Net Income From Continuing And Discontinued Operation
20.29
-57.01%
47.19
+150.82%
-92.86
-3560.09%
-2.54
Net Income Continuous Operations
20.29
-57.01%
47.19
+150.82%
-92.86
-3560.09%
-2.54
Normalized Income
20.29
-57.01%
47.19
+150.82%
-92.86
-3560.09%
-2.54
Net Income Common Stockholders
20.29
-57.01%
47.19
+150.82%
-92.86
-3560.09%
-2.54
Diluted EPS
0.38
-56.32%
0.87
+150.88%
-1.71
-4175.00%
-0.04
Basic EPS
0.38
-56.32%
0.87
+150.88%
-1.71
-4175.00%
-0.04
Basic Average Shares
53.39
-1.58%
54.25
-0.11%
54.31
-14.38%
63.43
Diluted Average Shares
53.39
-1.58%
54.25
-0.11%
54.31
-14.38%
63.43
Diluted NI Availto Com Stockholders
20.29
-57.01%
47.19
+150.82%
-92.86
-3560.09%
-2.54
Line Item Trend 2025-02-28
Total Assets
889.18
Cash And Cash Equivalents
4.45
Cash Financial
4.45
Receivables
9.85
Investments And Advances
874.79
Total Liabilities Net Minority Interest
289.59
Payables
4.41
Accounts Payable
4.41
Long Term Debt And Capital Lease Obligation
52.74
Preferred Securities Outside Stock Equity
232.25
Stockholders Equity
599.60
Common Stock Equity
599.60
Capital Stock
685.79
Common Stock
685.79
Share Issued
54.23
Ordinary Shares Number
54.23
Retained Earnings
-86.19
Total Equity Gross Minority Interest
599.60
Total Capitalization
652.34
Invested Capital
652.34
Total Debt
52.74
Net Debt
48.30
Net Tangible Assets
599.60
Tangible Book Value
599.60
Available For Sale Securities
0.03
Cash Cash Equivalents And Federal Funds Sold
4.45
Financial Assets Designatedas Fair Value Through Profitor Loss Total
874.76
Investmentin Financial Assets
874.79
Preferred Shares Number
0.00
Line Item Trend 2025-02-28 2024-02-29 2023-02-28 2022-02-28
Operating Cash Flow
75.44
+41.02%
53.49
-63.81%
147.80
+152.53%
58.53
Net Income From Continuing Operations
20.29
-57.01%
47.19
+150.82%
-92.86
-3560.09%
-2.54
Other Non Cash Items
-0.73
-199.85%
-0.24
-107.65%
3.18
-59.86%
7.92
Gain Loss On Investment Securities
56.02
+767.59%
6.46
-97.25%
234.86
+351.48%
52.02
Change In Working Capital
-0.15
-271.66%
0.09
-96.73%
2.63
+133.56%
1.12
Change In Receivables
0.21
+1368.58%
-0.02
-100.81%
2.02
+61.00%
1.25
Change In Payable
-0.35
-446.91%
0.10
-83.24%
0.61
+574.51%
-0.13
Change In Other Current Liabilities
0.00
0.00
0.00
0.00
Financing Cash Flow
-72.52
+14.11%
-84.44
+29.39%
-119.59
-120.42%
-54.26
Net Issuance Payments Of Debt
6.25
+110.21%
-61.15
+31.98%
-89.90
-369.08%
-19.16
Issuance Of Debt
16.71
+114.78%
7.78
-79.87%
38.65
+67.21%
23.11
Repayment Of Debt
-10.46
+84.82%
-68.93
+46.38%
-128.55
-204.04%
-42.28
Long Term Debt Issuance
16.71
+114.78%
7.78
-79.87%
38.65
+67.21%
23.11
Long Term Debt Payments
-10.46
+84.82%
-68.93
+46.38%
-128.55
-204.04%
-42.28
Net Long Term Debt Issuance
6.25
+110.21%
-61.15
+31.98%
-89.90
-369.08%
-19.16
Net Common Stock Issuance
-14.86
-1936.94%
-0.73
+67.57%
-2.25
—
Common Stock Payments
-14.86
-1936.94%
-0.73
+67.57%
-2.25
—
Common Stock Dividend Paid
-22.90
-1.52%
-22.56
+17.78%
-27.44
+21.33%
-34.88
Cash Dividends Paid
-22.90
-1.52%
-22.56
+17.78%
-27.44
+21.33%
-34.88
Repurchase Of Capital Stock
-55.86
-7555.40%
-0.73
+67.57%
-2.25
—
Net Other Financing Charges
0.00
0.00
0.00
+100.00%
-0.21
Changes In Cash
2.91
+109.41%
-30.95
-209.70%
28.21
+560.43%
4.27
Beginning Cash Position
1.53
-95.28%
32.48
+660.43%
4.27
0.00
End Cash Position
4.45
+189.79%
1.53
-95.28%
32.48
+660.43%
4.27
Free Cash Flow
75.44
+41.02%
53.49
-63.81%
147.80
+152.53%
58.53
Net Preferred Stock Issuance
-41.00
—
—
—
Preferred Stock Payments
-41.00
—
—
—
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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