VGM
Price:
$10.21
Market Cap:
$553.71M
The Invesco Trust for Investment Grade Municipals, identified by the symbol VGM, is a closed-end investment vehicle that originates from Invesco Ltd. Its management is a collaborative effort, overseen by various Invesco affiliates including entities in Japan, Germany, Canada, and Hong Kong. Established in the United States on January 24, 1992, this fund concentrates its investments on the U.S. fixed income market. Its primary objective is to acquire high-quality municipal securities, which encompass a range of instruments like municipal bonds, notes, commercial paper, and lease obligations. The construction of its portfolio is guided by a strategy that combines fundamental analysis with a bo...[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 Enterprise Value is 878.34M. This represents a change of 17.66% compared to the average of 746.53M of the last 4 quarters.
The mean historical Enterprise Value of Invesco Trust for Investment Grade Municipals over the last ten years is 873.60M. The current 878.34M Enterprise Value has changed 9.95% with respect to the historical average. Over the past ten years (40 quarters), VGM's Enterprise Value was at its highest in in the August 2021 quarter at 1.75B. The Enterprise Value was at its lowest in in the August 2023 quarter at 567.87M.
Average
873.60M
Median
884.62M
Minimum
602.85M
Maximum
1.25B
Discovering the peaks and valleys of Invesco Trust for Investment Grade Municipals Enterprise Value, 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 = 48.16%
Maximum Annual Enterprise Value = 1.25B
Minimum Annual Increase = -29.30%
Minimum Annual Enterprise Value = 602.85M
| Year | Enterprise Value | Change |
|---|---|---|
| 2026 | 895.16M | 48.16% |
| 2025 | 604.18M | -28.94% |
| 2024 | 850.26M | 41.04% |
| 2023 | 602.85M | -29.30% |
| 2022 | 852.74M | -9.45% |
| 2021 | 941.71M | -0.13% |
| 2020 | 942.96M | 7.88% |
| 2019 | 874.08M | -5.09% |
| 2018 | 920.95M | -26.39% |
| 2017 | 1.25B | -1.46% |
The current Enterprise Value of Invesco Trust for Investment Grade Municipals (VGM) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
783.20M
5-year avg
761.04M
10-year avg
873.60M
Invesco Trust for Investment Grade Municipals’s Enterprise Value is greater than Invesco Municipal Trust (876.10M), greater than Invesco Quality Municipal Income Trust (807.14M), greater than Invesco California Value Municipal Income Trust (826.60M), less than Invesco Value Municipal Income Trust (897.21M), less than Invesco Municipal Opportunity Trust (1.04B), greater than Invesco Senior Income Trust (748.67M), greater than Invesco Advantage Municipal Income Trust II (641.47M), greater than Baron WealthBuilder Fund Retail Shares (0), less than Boston Trust Asset Management Fund (9.15B), greater than Allspring Small Company Growth Admin (0),
| Company | Enterprise Value | Market cap |
|---|---|---|
| 876.10M | $543.95M | |
| 807.14M | $530.95M | |
| 826.60M | $512.51M | |
| 897.21M | $593.53M | |
| 1.04B | $657.55M | |
| 748.67M | $461.78M | |
| 641.47M | $410.76M | |
| 0 | $524.27M | |
| 9.15B | $521.54M | |
| 0 | $541.03M |
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What is the Enterprise Value?
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What is the highest Enterprise Value for Invesco Trust for Investment Grade Municipals (VGM)?
What is the 3-year average Enterprise Value for Invesco Trust for Investment Grade Municipals (VGM)?
What is the 5-year average Enterprise Value for Invesco Trust for Investment Grade Municipals (VGM)?
How does the current Enterprise Value for Invesco Trust for Investment Grade Municipals (VGM) compare to its historical average?