NYSE:VGM

Invesco Trust for Investment Grade Municipals (VGM) Stock Price, News & Analysis

$9.58
+0.02 (+0.21%)
(As of 09:55 AM ET)
Today's Range
$9.54
$9.59
50-Day Range
$9.50
$10.02
52-Week Range
$8.15
$10.04
Volume
20,808 shs
Average Volume
164,956 shs
Market Capitalization
$519.52 million
P/E Ratio
N/A
Dividend Yield
4.49%
Price Target
N/A
VGM stock logo

About Invesco Trust for Investment Grade Municipals Stock (NYSE:VGM)

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.

VGM Stock Price History

VGM Stock News Headlines

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Company Calendar

Ex-Dividend for 3/28 Dividend
3/14/2024
Dividend Payable
3/28/2024
Ex-Dividend for 4/30 Dividend
4/15/2024
Today
4/24/2024
Dividend Payable
4/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment offices, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
147,000
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
53,690,000
Market Cap
$518.44 million
Optionable
Not Optionable
Beta
0.50
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Key Executives

  • Mr. Colin D. Meadows (Age 53)
    Chief Executive Officer and President
  • Ms. Sheri Steward Morris (Age 60)
    Principal Financial Officer, Vice President and Treasurer
  • Mr. Jeffrey Howard Kupor J.D.
    Senior Vice President, Chief Legal Officer and Secretary
  • Mr. John Mark Zerr (Age 62)
    Chief Legal Officer, Senior Vice President and Secretary
  • Mr. John Schorle
    Portfolio Manager
  • Mr. Robert J. Stryker CFA
    Portfolio Manager
  • Mr. James D. Phillips
    Portfolio Manager
  • Mr. Julius D. Williams
    Portfolio Manager
  • Mr. Mark E. Paris
    Portfolio Manager
  • Mr. John Connelly
    Portfolio Manager

VGM Stock Analysis - Frequently Asked Questions

How have VGM shares performed in 2024?

Invesco Trust for Investment Grade Municipals' stock was trading at $9.89 at the beginning of 2024. Since then, VGM shares have decreased by 3.3% and is now trading at $9.56.
View the best growth stocks for 2024 here
.

Are investors shorting Invesco Trust for Investment Grade Municipals?

Invesco Trust for Investment Grade Municipals saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 2,900 shares, a decrease of 89.9% from the March 15th total of 28,800 shares. Based on an average trading volume of 21,300 shares, the short-interest ratio is currently 0.1 days.
View Invesco Trust for Investment Grade Municipals' Short Interest
.

How often does Invesco Trust for Investment Grade Municipals pay dividends? What is the dividend yield for Invesco Trust for Investment Grade Municipals?

Invesco Trust for Investment Grade Municipals announced a monthly dividend on Monday, April 1st. Investors of record on Tuesday, April 16th will be paid a dividend of $0.0388 per share on Tuesday, April 30th. This represents a $0.47 annualized dividend and a dividend yield of 4.87%. The ex-dividend date of this dividend is Monday, April 15th.
Read our dividend analysis for VGM
.

Is Invesco Trust for Investment Grade Municipals a good dividend stock?

Invesco Trust for Investment Grade Municipals (NYSE:VGM) pays an annual dividend of $0.43 per share and currently has a dividend yield of 4.53%. VGM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for VGM.

What ETF holds Invesco Trust for Investment Grade Municipals' stock?

VanEck CEF Municipal Income ETF holds 423,862 shares of VGM stock, representing 1.77% of its portfolio.

What other stocks do shareholders of Invesco Trust for Investment Grade Municipals own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Invesco Trust for Investment Grade Municipals investors own include AT&T (T), Consolidated Edison (ED), Enterprise Products Partners (EPD), Pfizer (PFE), Southern (SO), Verizon Communications (VZ), Exxon Mobil (XOM), AbbVie (ABBV), ClearBridge MLP and Midstream Fund (CEM) and Duff & Phelps Utility and Infrastructure Fund (DPG).

Who are Invesco Trust for Investment Grade Municipals' major shareholders?

Invesco Trust for Investment Grade Municipals' stock is owned by many different retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.45%), Claro Advisors LLC (0.17%), Tyche Wealth Partners LLC (0.15%), Hennion & Walsh Asset Management Inc. (0.10%), Summit Trail Advisors LLC (0.03%) and Financial Management Professionals Inc. (0.01%).
View institutional ownership trends
.

How do I buy shares of Invesco Trust for Investment Grade Municipals?

Shares of VGM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:VGM) was last updated on 4/24/2024 by MarketBeat.com Staff

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