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Invesco Trust for Investment Grade Municipals (VGM) Competitors

Invesco Trust for Investment Grade Municipals logo
$9.54 +0.12 (+1.22%)
Closing price 03:58 PM Eastern
Extended Trading
$9.60 +0.05 (+0.58%)
As of 04:53 PM Eastern
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VGM vs. TY, GAM, MQY, MYI, VMO, IIM, MMU, VKQ, VCV, and IQI

Should you be buying Invesco Trust for Investment Grade Municipals stock or one of its competitors? The main competitors of Invesco Trust for Investment Grade Municipals include Tri-Continental (TY), General American Investors (GAM), BlackRock MuniYield Quality Fund (MQY), BlackRock MuniYield Quality Fund III (MYI), Invesco Municipal Opportunity Trust (VMO), Invesco Value Municipal Income Trust (IIM), Western Asset Managed Municipals Fund (MMU), Invesco Municipal Trust (VKQ), Invesco California Value Municipal Income Trust (VCV), and Invesco Quality Municipal Income Trust (IQI). These companies are all part of the "misc." industry.

Invesco Trust for Investment Grade Municipals vs.

Invesco Trust for Investment Grade Municipals (NYSE:VGM) and Tri-Continental (NYSE:TY) are both small-cap finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, dividends, institutional ownership, earnings, analyst recommendations, risk, valuation, community ranking and media sentiment.

Company Net Margins Return on Equity Return on Assets
Invesco Trust for Investment Grade MunicipalsN/A N/A N/A
Tri-Continental N/A N/A N/A

Tri-Continental received 55 more outperform votes than Invesco Trust for Investment Grade Municipals when rated by MarketBeat users. However, 76.36% of users gave Invesco Trust for Investment Grade Municipals an outperform vote while only 71.02% of users gave Tri-Continental an outperform vote.

CompanyUnderperformOutperform
Invesco Trust for Investment Grade MunicipalsOutperform Votes
168
76.36%
Underperform Votes
52
23.64%
Tri-ContinentalOutperform Votes
223
71.02%
Underperform Votes
91
28.98%

Invesco Trust for Investment Grade Municipals has a beta of 0.69, suggesting that its stock price is 31% less volatile than the S&P 500. Comparatively, Tri-Continental has a beta of 0.88, suggesting that its stock price is 12% less volatile than the S&P 500.

Invesco Trust for Investment Grade Municipals pays an annual dividend of $0.63 per share and has a dividend yield of 6.6%. Tri-Continental pays an annual dividend of $3.09 per share and has a dividend yield of 10.0%.

38.1% of Invesco Trust for Investment Grade Municipals shares are held by institutional investors. Comparatively, 10.2% of Tri-Continental shares are held by institutional investors. 1.0% of Invesco Trust for Investment Grade Municipals shares are held by insiders. Comparatively, 8.7% of Tri-Continental shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Invesco Trust for Investment Grade Municipals$21.00M24.52N/AN/AN/A
Tri-Continental$321.66M5.01N/AN/AN/A

In the previous week, Invesco Trust for Investment Grade Municipals and Invesco Trust for Investment Grade Municipals both had 1 articles in the media. Invesco Trust for Investment Grade Municipals' average media sentiment score of 1.87 beat Tri-Continental's score of 0.67 indicating that Invesco Trust for Investment Grade Municipals is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Invesco Trust for Investment Grade Municipals
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Tri-Continental
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Tri-Continental beats Invesco Trust for Investment Grade Municipals on 5 of the 9 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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VGM vs. The Competition

MetricInvesco Trust for Investment Grade MunicipalsInvestment offices IndustryFinance SectorNYSE Exchange
Market Cap$510.59M$6.92B$11.47B$19.29B
Dividend Yield5.35%6.79%5.45%3.83%
P/E RatioN/A3.5722.3834.47
Price / Sales24.5221.8027.2834.86
Price / CashN/A7.5117.6217.51
Price / BookN/A0.882.784.67
Net IncomeN/A$66.51M$1.04B$1.02B
7 Day Performance-1.62%-1.07%-1.07%-2.17%
1 Month Performance0.47%3.49%5.33%7.01%
1 Year Performance-2.92%0.02%537.61%3.59%

Invesco Trust for Investment Grade Municipals Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
VGM
Invesco Trust for Investment Grade Municipals
N/A$9.55
+1.2%
N/A-3.5%$517.64M$21.00M0.00147,000Positive News
High Trading Volume
TY
Tri-Continental
N/A$30.98
+2.1%
N/A+0.3%$1.61B$321.66M0.00N/ANews Coverage
GAM
General American Investors
N/A$52.73
+1.9%
N/A+8.9%$1.21B$251.67M0.003,313Positive News
Upcoming Earnings
MQY
BlackRock MuniYield Quality Fund
N/A$11.26
-0.5%
N/A-9.8%$822.63M$16.07M0.00N/ANews Coverage
MYI
BlackRock MuniYield Quality Fund III
N/A$10.68
-0.2%
N/A-7.3%$726.91M$11.53M0.00147,000News Coverage
Positive News
VMO
Invesco Municipal Opportunity Trust
N/A$9.39
-0.1%
N/A-5.1%$633.95M$24.46M0.00N/APositive News
IIM
Invesco Value Municipal Income Trust
N/A$12.03
-0.1%
N/A+0.4%$566.23M$22.00M0.00147,000News Coverage
Positive News
MMU
Western Asset Managed Municipals Fund
N/A$10.06
-0.1%
N/A-4.2%$550.01M$60.65M0.00147,000Positive News
Dividend Announcement
VKQ
Invesco Municipal Trust
N/A$9.41
-0.3%
N/A-5.4%$520.44M$20.67M0.00147,000News Coverage
Positive News
Upcoming Earnings
VCV
Invesco California Value Municipal Income Trust
N/A$10.62
+0.1%
N/A+4.6%$508.36M$18.10M0.00N/APositive News
IQI
Invesco Quality Municipal Income Trust
N/A$9.52
+0.1%
N/A-3.5%$502.93M$20.51M0.00147,000Positive News

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This page (NYSE:VGM) was last updated on 5/22/2025 by MarketBeat.com Staff
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