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Invesco Trust for Investment Grade Municipals (VGM)

Financial Services | Asset Management | Atlanta, United States | NYSE
10.31 USD +0.04 (0.389%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 10.31
Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★★☆☆
Hot Take | April 11, 2026, 2:58 p.m. EDT

VGM shows a volatile price pattern with recent dips and rebounds, suggesting potential for short-term trading opportunities. However, the dividend yield is high, but the payout ratio is over 1.9, indicating that the dividends may not be sustainable. The long-term fundamentals are weak, with negative profit margins and a high debt-to-equity ratio. This makes it a risky long-term investment. The recent dividend history shows consistent payouts, but the recent decrease in dividend amounts raises concerns about sustainability. Overall, VGM is not a strong candidate for long-term investment, but may present some short-term trading opportunities for those willing to take on higher risk.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.018455
MSTL0.018500
AutoTheta0.024781
AutoARIMA0.035230

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 48%
H-stat 4.60
Ljung-Box p 0.000
Jarque-Bera p 0.061
Excess Kurtosis 0.23
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-04-13
Last Dividend Date 2026-04-13
Debt to Equity Ratio 65.686
Revenue per Share 0.783
Market Cap 559,131,584
Beta 0.71
Profit Margins -73.26%
Website https://www.invesco.com/portal/site/us/investors/closed-end/product-detail?productId=30626

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.63% 8.07% 7.25% 6.90%
Dividend History
Date Dividend Yield %
2026-04-14 0.065 0.630456
2026-03-16 0.065 0.633818
2026-02-17 0.065 0.623327
2026-01-15 0.065 0.635592
2025-12-16 0.065 0.644504
2025-11-17 0.065 0.662014
2025-10-16 0.065 0.668918
2025-09-16 0.065 0.679930
2025-08-18 0.065 0.713645
2025-07-16 0.065 0.719220
2025-06-17 0.065 0.730982
2025-05-16 0.065 0.723812
2025-04-16 0.065 0.736354
2025-03-17 0.065 0.707944
2025-02-18 0.065 0.701998
2025-01-17 0.065 0.707189
2024-12-17 0.065 0.714573
2024-11-15 0.065 0.713476
2024-10-16 0.065 0.699447
2024-09-17 0.065 0.695156
2024-08-16 0.065 0.717767
2024-07-16 0.065 0.717428
2024-06-18 0.065 0.731105
2024-05-15 0.039 0.457089
2024-04-15 0.039 0.477751
2024-03-14 0.039 0.462189
2024-02-15 0.039 0.463530
2024-01-16 0.034 0.411971
2023-12-14 0.034 0.407125
2023-11-14 0.034 0.444111
2023-10-13 0.034 0.467972
2023-09-14 0.034 0.447566
2023-08-14 0.036 0.456076
2023-07-14 0.036 0.445116
2023-06-14 0.036 0.452335
2023-05-12 0.036 0.448430
2023-04-14 0.036 0.439707
2023-03-14 0.039 0.490866
2023-02-14 0.039 0.465950
2023-01-13 0.041 0.498499
2022-12-14 0.041 0.511101
2022-11-14 0.041 0.547439
2022-10-14 0.046 0.617554
2022-09-14 0.046 0.568009
2022-08-12 0.046 0.519878
2022-07-14 0.046 0.550710
2022-06-14 0.049 0.612969
2022-05-13 0.049 0.586420
2022-04-14 0.049 0.573479
2022-03-14 0.052 0.574079
2022-02-14 0.052 0.563107
2022-01-14 0.052 0.512325
2021-12-13 0.052 0.500655
2021-11-12 0.054 0.513930
2021-10-13 0.054 0.513356
2021-09-13 0.054 0.506243
2021-08-13 0.054 0.508896
2021-07-13 0.054 0.508680
2021-06-11 0.055 0.529466
2021-05-14 0.055 0.536986
2021-04-13 0.055 0.537968
2021-03-12 0.055 0.557152
2021-02-11 0.055 0.550753
2021-01-14 0.054 0.561170
2020-12-14 0.054 0.566517
2020-11-12 0.054 0.583613
2020-10-14 0.054 0.591695
2020-09-14 0.054 0.592820
2020-08-13 0.054 0.584246
2020-07-14 0.049 0.549480
2020-06-15 0.049 0.563407
2020-05-14 0.049 0.593431
2020-04-14 0.049 0.570856
2020-03-16 0.049 0.618016
2020-02-13 0.049 0.525719
2020-01-14 0.052 0.569829
2019-12-12 0.052 0.590664
2019-11-12 0.052 0.592129
2019-10-15 0.052 0.583034
2019-09-17 0.052 0.596000
2019-08-13 0.052 0.577936
2019-07-16 0.052 0.600334
2019-06-13 0.052 0.613429
2019-05-14 0.052 0.623992
2019-04-11 0.052 0.620583
2019-03-12 0.052 0.633889
2019-02-12 0.052 0.641303
2019-01-15 0.052 0.653750
2018-12-13 0.052 0.684657
2018-11-09 0.052 0.690756
2018-10-15 0.052 0.703135
2018-09-13 0.052 0.666156
2018-08-13 0.052 0.656943
2018-07-16 0.060 0.745918
2018-06-12 0.060 0.748920
2018-05-14 0.060 0.762351
2018-04-16 0.060 0.766057
2018-03-14 0.060 0.766052
2018-02-14 0.064 0.806686
2018-01-23 0.064 0.777910
2017-12-12 0.064 0.765333
2017-11-14 0.064 0.786065
2017-10-12 0.064 0.765892
2017-09-12 0.064 0.761619
2017-08-09 0.064 0.773163
2017-07-12 0.064 0.777404
2017-06-12 0.064 0.791685
2017-05-10 0.064 0.812636
2017-04-11 0.064 0.809774
2017-03-13 0.064 0.840669
2017-02-13 0.064 0.821602
2017-01-17 0.064 0.832000
2016-12-12 0.064 0.858647
2016-11-09 0.064 0.831989
2016-10-12 0.064 0.798175
2016-09-12 0.064 0.786925
2016-08-10 0.064 0.761080
2016-07-11 0.073 0.856027
2016-06-09 0.073 0.876847
2016-05-11 0.073 0.888634
2016-04-11 0.073 0.901265
2016-03-10 0.073 0.941580
2016-02-10 0.073 0.945218
2016-01-13 0.073 0.972963
2015-12-09 0.073 0.995297
2015-11-12 0.073 1.012346
2015-10-13 0.073 1.029932
2015-09-10 0.073 1.039009
2015-08-11 0.073 1.044909
2015-07-09 0.073 1.064192
2015-06-09 0.074 1.091867
2015-05-11 0.074 1.060376
2015-04-09 0.074 1.042372
2015-03-11 0.074 1.060038
2015-02-11 0.074 1.047695
2015-01-12 0.074 1.053456
2014-12-12 0.074 1.076116
2014-11-12 0.074 1.082952
2014-10-14 0.074 1.095656
2014-09-11 0.074 1.115454
2014-08-07 0.074 1.127024
2014-07-10 0.074 1.146893
2014-06-11 0.074 1.127038
2014-05-08 0.073 1.120696
2014-04-10 0.073 1.155397
2014-03-12 0.073 1.155685
2014-02-12 0.073 1.163241
2014-01-13 0.073 1.199954
2013-12-10 0.073 1.280066
2013-11-06 0.073 1.250736
2013-10-09 0.073 1.254130
2013-09-11 0.073 1.298057
2013-08-08 0.073 1.273607
2013-07-09 0.073 1.217770
2013-06-11 0.083 1.282517
2013-05-09 0.083 1.197155
2013-04-09 0.083 1.198975
2013-03-07 0.083 1.190473
2013-02-07 0.083 1.154264
2013-01-10 0.083 1.144328
2012-12-12 0.083 1.159046
2012-11-13 0.088 1.234542
2012-10-10 0.088 1.225813
2012-09-14 0.088 1.245795
2012-08-13 0.088 1.283574
2012-07-12 0.088 1.309490
2012-06-13 0.088 1.314410
2012-05-11 0.088 1.314204
2012-04-11 0.088 1.327796
2012-03-12 0.088 1.324148
2012-02-13 0.088 1.337835
2012-01-12 0.088 1.378781
2011-12-13 0.088 1.405760
2011-11-14 0.088 1.449548
2011-10-12 0.088 1.514196
2011-09-13 0.088 1.483175
2011-08-11 0.088 1.566070
2011-07-13 0.088 1.521301
2011-06-13 0.088 1.596690
2011-05-11 0.088 1.616706
2011-04-13 0.088 1.683826
2011-03-11 0.088 1.707051
2011-02-11 0.088 1.691217
2011-01-12 0.088 1.750781
2010-12-13 0.088 1.710312
2010-11-10 0.088 1.545880
2010-10-13 0.088 1.517648
2010-09-13 0.088 1.523443
2010-08-11 0.088 1.527338
2010-07-13 0.088 1.587993
2010-06-11 0.088 1.631269
2010-05-12 0.088 1.636796
2010-04-13 0.088 1.657355
2010-03-11 0.088 1.686593
2010-02-10 0.088 1.698232
2010-01-13 0.088 1.739916
2009-12-11 0.088 1.749747
2009-11-10 0.082 1.707722
2009-10-13 0.082 1.631913
2009-09-11 0.082 1.680248
2009-08-12 0.082 1.795781
2009-07-13 0.072 1.698103
2009-06-11 0.072 1.704194
2009-05-13 0.072 1.731691
2009-04-13 0.072 1.914463
2009-03-11 0.072 2.002988
2009-02-11 0.072 1.881289
2009-01-13 0.072 1.998981
2008-12-11 0.072 2.835220
2008-11-12 0.072 2.151318
2008-10-10 0.072 2.698171
2008-09-11 0.072 1.624424
2008-08-13 0.072 1.625794
2008-07-11 0.072 1.594290
2008-06-11 0.069 1.514926
2008-05-13 0.069 1.497804
2008-04-11 0.069 1.527624
2008-03-12 0.069 1.584859
2008-02-13 0.069 1.472619
2008-01-11 0.069 1.496672
2007-12-12 0.069 1.564020
2007-11-13 0.067 1.549479
2007-10-11 0.067 1.481741
2007-09-12 0.067 1.454408
2007-08-13 0.067 1.515211
2007-07-11 0.067 1.450190
2007-06-13 0.067 1.454709
2007-05-11 0.067 1.387296
2007-04-11 0.067 1.410149
2007-03-13 0.067 1.404512
2007-02-13 0.067 1.421322
2007-01-11 0.067 1.445007
2006-12-13 0.085 1.872686
2006-11-13 0.064 1.442541
2006-10-11 0.064 1.455554
2006-09-13 0.064 1.481774
2006-08-11 0.064 1.502590
2006-07-12 0.064 1.545418
2006-06-13 0.066 1.587475
2006-05-11 0.066 1.594783
2006-04-11 0.072 1.701283
2006-03-13 0.072 1.707302
2006-02-13 0.072 1.707516
2006-01-11 0.072 1.715853
2005-12-13 0.072 1.785896
2005-11-10 0.072 1.772424
2005-10-12 0.072 1.762875
2005-08-11 0.072 1.727670
2005-07-13 0.072 1.729062
2005-06-13 0.072 1.751316
2005-05-11 0.079 1.935993
2005-04-13 0.079 1.990516
2005-03-11 0.083 2.036787
2005-02-11 0.083 2.014470
2005-01-12 0.083 2.077234
2004-12-13 0.083 2.069340
2004-11-10 0.083 2.117533
2004-10-13 0.083 2.056890
2004-09-13 0.083 2.062698
2004-08-11 0.083 2.111120
2004-07-13 0.083 2.173430
2004-06-14 0.083 2.272352
2004-05-12 0.083 2.300318
2004-04-13 0.083 2.165757
2004-03-11 0.085 2.023593
2004-02-11 0.085 2.085775
2004-01-13 0.085 2.117840
2003-12-11 0.189 4.831046
2003-11-12 0.085 2.207414
2003-10-10 0.085 2.239672
2003-09-11 0.085 2.290610
2003-08-13 0.085 2.329504
2003-07-11 0.085 2.178585
2003-06-11 0.085 2.125483
2003-05-13 0.092 2.366343
2003-04-11 0.092 2.435174
2003-03-12 0.092 2.452378
2003-02-12 0.092 2.501322
2003-01-13 0.092 2.566898
2002-12-11 0.414 11.719615
2002-11-13 0.092 2.544861
2002-10-10 0.092 2.501765
2002-09-11 0.092 2.495845
2002-08-13 0.088 2.457387
2002-07-11 0.088 2.498687
2002-06-12 0.088 2.622954
2002-05-13 0.085 2.604551
2002-04-11 0.085 2.647893
2002-03-13 0.085 2.666751
2002-02-13 0.085 2.568862
2002-01-11 0.083 2.600109
2001-12-12 0.291 9.563756
2001-11-13 0.078 2.408926
2001-10-11 0.073 2.299905
2001-08-13 0.073 2.339919
2001-07-11 0.073 2.403711
2001-06-13 0.073 2.453803
2001-05-11 0.073 2.447625
2001-04-10 0.073 2.461457
2001-03-13 0.073 2.437086
2001-02-13 0.073 2.406963
2001-01-10 0.073 2.477528
2000-12-13 0.073 2.733992
2000-11-13 0.075 2.828871
2000-10-11 0.075 2.805385
2000-09-13 0.075 2.745281
2000-08-11 0.081 2.954496
2000-07-12 0.081 3.025002
2000-06-13 0.081 3.186291
2000-05-11 0.083 3.364203
2000-04-12 0.083 3.229790
2000-03-13 0.083 3.456866
2000-02-11 0.083 3.301388
2000-01-12 0.083 3.433603
1999-12-13 0.083 3.438716
1999-11-10 0.083 3.243437
1999-10-13 0.083 3.190894
1999-09-13 0.083 3.100635
1999-08-11 0.083 3.104877
1999-07-13 0.083 2.924773
1999-06-11 0.082 2.975403
1999-05-12 0.082 2.777511
1999-04-13 0.082 2.791226
1999-03-11 0.082 2.763401
1999-02-10 0.082 2.861740
1999-01-13 0.082 2.843581
1998-12-11 0.156 5.200654
1998-11-10 0.082 2.798951
1998-10-13 0.082 2.833223
1998-09-11 0.082 2.911469
1998-08-12 0.082 2.937039
1998-07-13 0.082 2.962933
1998-06-11 0.082 3.047249
1998-05-13 0.082 3.123533
1998-04-13 0.082 3.054889
1998-03-11 0.085 3.075834
1998-02-11 0.085 3.057298
1998-01-13 0.085 3.107114
1997-12-11 0.082 3.117256
1997-11-12 0.085 3.260275
1997-10-10 0.085 3.277487
1997-09-11 0.085 3.333548
1997-08-13 0.085 3.312180
1997-07-11 0.085 3.382104
1997-06-11 0.085 3.427153
1997-05-13 0.087 3.642301
1997-04-11 0.087 3.755201
1997-03-12 0.087 3.669013
1997-02-12 0.087 3.645257
1997-01-13 0.087 3.756719
1996-12-11 0.087 3.716842
1996-11-13 0.095 3.921738
1996-10-10 0.095 3.945163
1996-09-11 0.095 4.031540
1996-08-13 0.095 4.023685
1996-07-11 0.095 4.248633
1996-06-12 0.095 4.206187
1996-05-13 0.095 4.131361
1996-04-11 0.095 4.156531
1996-03-13 0.095 4.181754
1996-02-13 0.095 4.077682
1996-01-10 0.095 4.231494
1995-12-13 0.095 4.290824
1995-11-13 0.095 4.282601
1995-10-11 0.095 4.449643
1995-09-13 0.095 4.440903
1995-08-11 0.095 4.468516
1995-07-12 0.095 4.389024
1995-06-13 0.095 4.486879
1995-05-09 0.095 4.514775
1995-04-10 0.095 4.579323
1995-03-09 0.095 4.570406
1995-02-09 0.095 4.712605
1995-01-09 0.095 4.989305
1994-12-09 0.095 5.250794
1994-11-08 0.095 5.538416
1994-10-07 0.095 5.228720
1994-09-09 0.095 4.872004
1994-08-09 0.095 4.823081
1994-07-11 0.095 4.974391
1994-06-09 0.095 4.729920
1994-05-09 0.095 5.035971
1994-04-11 0.095 4.984984
1994-03-09 0.095 4.743791
1994-02-09 0.095 4.526085
1994-01-10 0.095 4.551520
1993-12-09 0.095 4.679962
1993-11-08 0.095 4.636541
1993-10-08 0.095 4.528797
1993-09-09 0.095 4.553697
1993-08-09 0.083 4.149632
1993-07-09 0.091 4.606464
1993-06-09 0.083 4.389835
1993-05-10 0.083 4.311321
1993-04-08 0.083 4.366615
1993-03-09 0.083 4.257855
1993-02-09 0.090 4.934727
1993-01-11 0.085 4.841043
1992-12-18 0.086 4.965931
1992-12-09 0.085 4.936251
1992-11-06 0.083 4.887743
1992-10-26 0.076 4.538458
1992-10-08 0.085 4.976516
1992-09-09 0.085 4.845100
1992-08-10 0.085 4.832824
1992-07-09 0.085 5.057974
1992-06-24 0.085 5.214311
1992-06-09 0.085 5.288729
1992-05-11 0.085 5.274677
1992-04-09 0.085 5.442456
Additional Data
dividendRate 0.78
dividendYield 7.52
exDividendDate 2026-04-14
trailingAnnualDividendRate 0.775
trailingAnnualDividendYield 0.075462505
lastDividendValue 0.065
lastDividendDate 2026-04-14
dividendDate 2019-02-28

Info Dump

Attribute Value
52 Week Change 0.09255314
Address1 1,331 Spring Street, North West
Address2 Suite 2500
All Time High 17.75
All Time Low 7.05
Ask 10.33
Ask Size 3,000
Average Daily Volume10 Day 141,510
Average Daily Volume3 Month 188,624
Average Volume 188,624
Average Volume10Days 141,510
Beta 0.706
Bid 10.29
Bid Size 200
Book Value 10.0
City Atlanta
Compensation As Of Epoch Date 1,388,448,000
Country United States
Crypto Tradeable 0
Currency USD
Current Price 10.31
Current Ratio 1.929
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 10.37
Day Low 10.2785
Debt To Equity 65.686
Dividend Date 1,551,312,000
Dividend Rate 0.78
Dividend Yield 7.52
Earnings Timestamp End 1,746,183,540
Earnings Timestamp Start 1,746,183,540
Ebitda Margins 0.0
Enterprise To Revenue 20.371
Enterprise Value 865,355,072
Eps Trailing Twelve Months -0.57
Esg Populated 0
Ex Dividend Date 1,776,124,800
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 10.2852
Fifty Day Average Change 0.0248003
Fifty Day Average Change Percent 0.002411261
Fifty Two Week Change Percent 9.255314
Fifty Two Week High 10.66
Fifty Two Week High Change -0.34999943
Fifty Two Week High Change Percent -0.03283297
Fifty Two Week Low 9.37
Fifty Two Week Low Change 0.94000053
Fifty Two Week Low Change Percent 0.10032023
Fifty Two Week Range 9.37 - 10.66
Financial Currency USD
First Trade Date Milliseconds 698,509,800,000
Five Year Avg Dividend Yield 5.78
Free Cashflow 12,658,649
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 42,480,040
Has Pre Post Market Data 1
Held Percent Insiders 0.000020000001
Held Percent Institutions 0.23979999
Implied Shares Outstanding 54,231,968
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,776,124,800
Last Dividend Value 0.065
Last Fiscal Year End 1,740,700,800
Long Business Summary 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.
Long Name Invesco Trust for Investment Grade Municipals
Market us_market
Market Cap 559,131,584
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_6180110
Most Recent Quarter 1,756,598,400
Net Income To Common -31,119,580
Next Fiscal Year End 1,772,236,800
Non Diluted Market Cap 556,962,311
Open 10.3
Operating Cashflow 34,634,880
Operating Margins 0.88214
Payout Ratio 1.9042
Phone 404- 892-0896
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 10.31
Post Market Time 1,776,464,161
Previous Close 10.27
Price Hint 2
Price To Book 1.031
Price To Sales Trailing12 Months 13.162219
Profit Margins -0.73257005
Quick Ratio 1.929
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.04
Regular Market Change Percent 0.389484
Regular Market Day High 10.37
Regular Market Day Low 10.2785
Regular Market Day Range 10.2785 - 10.37
Regular Market Open 10.3
Regular Market Previous Close 10.27
Regular Market Price 10.31
Regular Market Time 1,776,456,002
Regular Market Volume 57,806
Return On Assets 0.02528
Return On Equity -0.05375
Revenue Growth 0.008
Revenue Per Share 0.783
Sand P52 Week Change 0.36506534
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 54,231,968
Shares Percent Shares Out 0.0011999999
Shares Short 65,037
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 110,588
Short Name Invesco Trust for Investment Gr
Short Percent Of Float 0.0011999999
Short Ratio 0.46
Source Interval 15
State GA
Symbol VGM
Total Cash 50,016,272
Total Cash Per Share 0.922
Total Debt 356,239,744
Total Revenue 42,480,040
Tradeable 0
Trailing Annual Dividend Rate 0.775
Trailing Annual Dividend Yield 0.075462505
Trailing Eps -0.57
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 10.07795
Two Hundred Day Average Change 0.2320509
Two Hundred Day Average Change Percent 0.023025606
Type Disp Equity
Volume 57,806
Website https://www.invesco.com/portal/site/us/investors/closed-end/product-detail?productId=30626
Zip 30,309