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Invesco Trust for Investment Grade New York Municipals
VTN | US
11.31
USD0.11
0.98%
VTN | US
About Invesco Trust for Investment Grade New York Municipals
Sector
Financial Services
Industry
Asset Management
Earnings date
29/02/2024
As of date
17/04/2026
Close
11.31
Open
11.23
High
11.43
Low
11.23
Invesco Trust for Investment Grade New York 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 New York 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 New York Municipals. Invesco Trust for Investment Grade New York Municipals was formed on March 27 1992 and is domiciled in the United States.
View LessVTN | US
Risk
16.5
Sharpe
1.70
Luna's Score
75/100
Recommendation
Buy
Luna says (VTN | US)
What's Working
Positive Momentum
Strength based on increasing price with high volume
Low 6-Month Volatility (<30%)
Good Dividend Yield (2% <= Dividend Yield <= 8%)
Low Market Beta (-0.4 to 0.8)
Value Stock (Price to Book < 3)
Strong Operating Margin (> 25%)
Strong Sharpe Ratio (> 1.2)
What's not Working
Microcap (<300M USD)
Volatility Signals
Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.
Risk Meter
10 days
9.7%1 month
16.5%3 months
15.1%6 months
12.4%Returns
Fundamental Ratios
PE
13.54
Fwd. PE
-
Price to book
0.95
Debt to equity
0.56
Debt to assets
0.36
Ent. to EBITDA
-
Ent. to rev.
15.97
PEG
-
Other Fundamentals
EBITDA
-
MarketCap
220.29M
MarketCap(USD)
220.29M
Div. yield
7.14
Op. margin
85.78
Erngs. growth
1.81K
Rev. growth
2.40
Ret. on equity
7.08
Short ratio
0.71
Short perc.
0.11
Market Sentiment (SMA and Price signals)
Short-term: Bullish (SMA10D > SMA1M)
Intermediate-term: Bearish (SMA1M < SMA3M)
Long-term: Bullish (SMA6M > SMA12M)
SMAs: Stock Price Trends
Range10D
0.49
Range1M
0.92
Range3M
1.59
Volumes: Market Activity
Rel. volume
1.43
Price X volume
451.91K
Peers
Diversifiers
Industry Comparison
| Parameter | Company | Industry | Indicator |
|---|---|---|---|
| Enterprise to EBITDA | - | - | - |
| Ent. to Revenue | 15.97 | - | Par |
| PE Ratio | 13.54 | 20.20 | Cheaper |
| Price to Book | 0.95 | 2.63 | Cheaper |
| Dividend Yield | 7.14 | - | Par |
| Std. Deviation (3M) | 15.12 | - | Lower Risk |
| Debt to Equity | 0.56 | 50.50 | Cheaper |
| Debt to Assets | 0.36 | 44.08 | Cheaper |
| Market Cap | 220.29M | - | Emerging |
