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VGM

Invesco Trust for Investment Grade Municipals

$10.89

Earnings Summary

PE Ratio
9.83

Highlights

PE Ratio:

Invesco Trust for Investment Grade Municipals’s price-to-earnings ratio after this Q1 2022 earnings stands at 9.83.

Key Ratios

Key ratios of the Invesco Trust for Investment Grade Municipals post its Q1 2022 earnings

Return on Assets (ROA)
0.02
Return on Equity (ROE)
0.08
Dividend Per Share (DPS)
0.65

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Invesco Trust for Investment Grade Municipals’s return on assets (ROA) stands at 0.02.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Invesco Trust for Investment Grade Municipals’s return on equity (ROE) stands at 0.08.

Dividend Per Share (DPS):

Invesco Trust for Investment Grade Municipals declared 0.65 dividend per share during the earnings announcement for Q1 2022.

Company Information

Invesco Trust for Investment Grade Municipals (the Trust), formerly Invesco Van Kampen Trust For Investment Grade Municipals, is a diversified, closed-end management investment trust. The Trust's investment objective is to provide common shareholders with a high level of current income exempt from federal income tax, consistent with preservation of capital. It will invest substantially all of its assets in municipal securities rated investment grade at the time of investment. It seeks to achieve its investment objective by investing primarily in municipal securities that are rated investment grade at the time of investment. Municipal securities include municipal bonds, municipal notes, municipal commercial paper and lease obligations. The Trust may also invest approximately 20% of its net assets in non-investment-grade and unrated securities that it determines to be of comparable quality. Invesco Advisers, Inc. serves as its investment advisor.

Organisation
Invesco Trust for Investment Grade Municipals
Headquarters
Boston, Massachusetts, US
Industry
Miscellaneous