Invesco Trust for Investment Grade Municipals (VGM) Competitors

$9.51
+0.01 (+0.11%)
(As of 04/26/2024 ET)

VGM vs. BTO, VKQ, MYD, DSU, IFN, VCV, PEO, MVF, MUJ, and NQP

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 John Hancock Financial Opportunities Fund (BTO), Invesco Municipal Trust (VKQ), BlackRock MuniYield Fund (MYD), BlackRock Debt Strategies Fund (DSU), The India Fund (IFN), Invesco California Value Municipal Income Trust (VCV), Adams Natural Resources Fund (PEO), BlackRock MuniVest Fund (MVF), BlackRock MuniHoldings New Jersey Quality Fund (MUJ), and Nuveen Pennsylvania Quality Municipal Income Fund (NQP). These companies are all part of the "investment offices, not elsewhere classified" industry.

Invesco Trust for Investment Grade Municipals vs.

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

In the previous week, John Hancock Financial Opportunities Fund had 2 more articles in the media than Invesco Trust for Investment Grade Municipals. MarketBeat recorded 3 mentions for John Hancock Financial Opportunities Fund and 1 mentions for Invesco Trust for Investment Grade Municipals. John Hancock Financial Opportunities Fund's average media sentiment score of 0.83 beat Invesco Trust for Investment Grade Municipals' score of 0.00 indicating that John Hancock Financial Opportunities Fund is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Invesco Trust for Investment Grade Municipals
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
John Hancock Financial Opportunities Fund
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Invesco Trust for Investment Grade Municipals has a beta of 0.5, indicating that its stock price is 50% less volatile than the S&P 500. Comparatively, John Hancock Financial Opportunities Fund has a beta of 1.4, indicating that its stock price is 40% more volatile than the S&P 500.

Invesco Trust for Investment Grade Municipals received 13 more outperform votes than John Hancock Financial Opportunities Fund when rated by MarketBeat users. Likewise, 76.36% of users gave Invesco Trust for Investment Grade Municipals an outperform vote while only 70.14% of users gave John Hancock Financial Opportunities Fund an outperform vote.

CompanyUnderperformOutperform
Invesco Trust for Investment Grade MunicipalsOutperform Votes
168
76.36%
Underperform Votes
52
23.64%
John Hancock Financial Opportunities FundOutperform Votes
155
70.14%
Underperform Votes
66
29.86%

Company Net Margins Return on Equity Return on Assets
Invesco Trust for Investment Grade MunicipalsN/A N/A N/A
John Hancock Financial Opportunities Fund N/A N/A N/A

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Invesco Trust for Investment Grade MunicipalsN/AN/AN/AN/AN/A
John Hancock Financial Opportunities FundN/AN/AN/AN/AN/A

38.1% of Invesco Trust for Investment Grade Municipals shares are held by institutional investors. Comparatively, 19.6% of John Hancock Financial Opportunities Fund shares are held by institutional investors. 1.0% of Invesco Trust for Investment Grade Municipals shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Invesco Trust for Investment Grade Municipals pays an annual dividend of $0.43 per share and has a dividend yield of 4.5%. John Hancock Financial Opportunities Fund pays an annual dividend of $2.60 per share and has a dividend yield of 9.4%.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Invesco Trust for Investment Grade Municipals
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
John Hancock Financial Opportunities Fund
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Summary

Invesco Trust for Investment Grade Municipals and John Hancock Financial Opportunities Fund tied by winning 4 of the 8 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 VGM 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$515.73M$6.83B$8.57B$17.47B
Dividend Yield4.55%6.43%9.98%3.55%
P/E RatioN/A0.6352.0225.14
Price / SalesN/A14.61277.6010.49
Price / CashN/A7.6814.8017.65
Price / BookN/A0.982.364.87
Net IncomeN/A$73.96M$927.71M$964.96M
7 Day Performance0.21%0.94%1.04%1.90%
1 Month Performance-3.35%-2.46%-2.23%-3.08%
1 Year Performance-3.16%2.27%13.86%96.69%

Invesco Trust for Investment Grade Municipals Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BTO
John Hancock Financial Opportunities Fund
0 of 5 stars
$26.36
-0.8%
N/A+1.6%$519.03MN/A0.00N/AShort Interest ↓
VKQ
Invesco Municipal Trust
0 of 5 stars
$9.21
flat
N/A-3.0%$509.68MN/A0.00147,000Short Interest ↑
MYD
BlackRock MuniYield Fund
0 of 5 stars
$10.71
-0.1%
N/A+0.6%$499.50MN/A0.00147,000Positive News
DSU
BlackRock Debt Strategies Fund
0 of 5 stars
$10.39
+1.3%
N/A+11.5%$484.28MN/A0.00N/AShort Interest ↓
IFN
The India Fund
0 of 5 stars
$18.37
-0.6%
N/A+17.9%$570.42MN/A0.00N/AShort Interest ↑
News Coverage
High Trading Volume
VCV
Invesco California Value Municipal Income Trust
0 of 5 stars
$9.56
flat
N/A-3.9%$457.80MN/A0.00N/APositive News
PEO
Adams Natural Resources Fund
0 of 5 stars
$23.25
-0.5%
N/A+13.0%$593.11MN/A0.00N/ANews Coverage
Positive News
MVF
BlackRock MuniVest Fund
0 of 5 stars
$6.79
-0.1%
N/A+0.1%$436.95MN/A0.00147,000Short Interest ↑
News Coverage
MUJ
BlackRock MuniHoldings New Jersey Quality Fund
0 of 5 stars
$11.18
-0.2%
N/A-0.8%$603.34MN/A0.00N/AShort Interest ↑
Negative News
NQP
Nuveen Pennsylvania Quality Municipal Income Fund
0 of 5 stars
$11.50
-0.2%
N/A+1.5%$428.03MN/A0.00147,000Insider Buying
Short Interest ↑
News Coverage

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This page (NYSE:VGM) was last updated on 4/28/2024 by MarketBeat.com Staff

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