Valuation: Invesco Trust for Investment Grade New York Municipals

Market Cap 14Cr 13Cr 12Cr 11Cr 20Cr 1.34TCr 20Cr 141.21Cr 55Cr 700.25Cr 53Cr 52Cr 2.24TCr P/E 2025
26.7x
P/E 2026 37.3x
Enterprise Value 22Cr 20Cr 18Cr 17Cr 31Cr 2.08TCr 32Cr 218.33Cr 85Cr 1.08TCr 82Cr 80Cr 3.46TCr EV / Sales 2025
19.8x
EV / Sales 2026 20.7x
Free-Float
100%
Yield 2025
6.86%
Yield 2026 7.1%
01/10 Invesco Trust for Investment Grade New York Municipals announces Monthly dividend, payable on October 30, 2026 CI
01/09 Invesco Trust for Investment Grade New York Municipals announces Monthly dividend, payable on September 30, 2026 CI
03/08 Invesco Trust for Investment Grade New York Municipals announces Monthly dividend, payable on August 31, 2026 CI
01/07 Invesco Trust for Investment Grade New York Municipals announces Monthly dividend, payable on July 31, 2026 CI
01/06 Invesco Trust for Investment Grade New York Municipals announces Monthly dividend, payable on June 30, 2026 CI
07/05 Invesco Trust for Investment Grade New York Municipals Reports Earnings Results for the Full Year Ended February 28, 2026 CI
01/05 Invesco Trust for Investment Grade New York Municipals announces Monthly dividend, payable on May 29, 2026 CI
01/04 Invesco Trust for Investment Grade New York Municipals announces Monthly dividend, payable on April 30, 2026 CI
02/03 Invesco Trust for Investment Grade New York Municipals announces Monthly dividend, payable on March 31, 2026 CI
02/02 Invesco Trust for Investment Grade New York Municipals announces Monthly dividend, payable on February 27, 2026 CI
02/01 Invesco Trust for Investment Grade New York Municipals announces Monthly dividend, payable on January 30, 2026 CI
01/12 Invesco Trust for Investment Grade New York Municipals announces Monthly dividend, payable on December 31, 2025 CI
25/11 Stifel Downgrades Invesco Trust For Investment Grade New York Municipals to Hold From Buy MT
1 day+5.21%
1 week+4.53%
Current month+3.63%
1 month-2.32%
3 months-14.31%
6 months-13.47%
Current year-15.73%
1 week 9.22
Extreme 9.22
9.74
1 month 8.99
Extreme 8.99
10.05
Current year 8.99
Extreme 8.99
12.1
1 year 8.99
Extreme 8.99
12.1
3 years 8.49
Extreme 8.49
12.1
5 years 8.49
Extreme 8.49
13.88
10 years 8.49
Extreme 8.49
14.56
Manager TitleAgeSince
Chief Executive Officer 54 01/01/2023
Director of Finance/CFO 59 01/01/2020
Compliance Officer 57 01/01/2020
Director TitleAgeSince
Director/Board Member 64 01/01/2016
Director/Board Member 76 01/01/1998
Director/Board Member 77 01/01/2016
Date Insider Type Main position Quantity % Market Cap. Importance
02/12/24 OthersCompany 440 48.6726%
03/10/24
Saba Capital Management LP
SellCompany 8,03,267 4.1240%
01/10/24
Saba Capital Management LP
SellCompany 77,267 0.3967%
Change 5-day change 1-year change 3-year change Capi.($)
+5.21%+4.53%-13.93%+7.54% 14Cr
+4.38%+5.20%-6.80%+78.56% 17TCr
-0.13%+1.52%+25.78%+78.94% 15TCr
+3.23%-1.06%+30.44%+245.05% 9.64TCr
+2.82%-3.09%-33.38%+5.20% 8.74TCr
+2.23%0.00%-17.90%+78.52% 8.22TCr
+2.37%-2.15%-29.59%+45.44% 7.87TCr
+2.68%+1.60%-17.40%+47.50% 7.34TCr
+0.43%-4.28%+43.60%+160.73% 4.57TCr
+1.36%+0.70%+4.43%+54.68% 4.44TCr
Average +2.46%-0.76%-1.48%+80.22% 8.27TCr
Weighted average by Cap. +2.35%+0.08%-0.36%+87.63%

Financials

2025 2026
Net sales 1.5Cr 1.34Cr 1.25Cr 1.13Cr 2.13Cr 142.18Cr 2.17Cr 15Cr 5.85Cr 74Cr 5.63Cr 5.51Cr 237.39Cr 1.19Cr 1.06Cr 98.96L 90.02L 1.69Cr 112.99Cr 1.72Cr 12Cr 4.65Cr 59Cr 4.48Cr 4.38Cr 188.64Cr
Net income 58.54L 52.25L 48.57L 44.18L 83.11L 55Cr 84.61L 5.83Cr 2.28Cr 29Cr 2.2Cr 2.15Cr 93Cr 45.45L 40.57L 37.71L 34.3L 64.53L 43Cr 65.7L 4.53Cr 1.77Cr 22Cr 1.71Cr 1.67Cr 72Cr
Net Debt 8.8Cr 7.86Cr 7.3Cr 6.64Cr 12Cr 833.81Cr 13Cr 88Cr 34Cr 435.04Cr 33Cr 32Cr 1.39TCr 7.74Cr 6.91Cr 6.42Cr 5.84Cr 11Cr 732.99Cr 11Cr 77Cr 30Cr 382.44Cr 29Cr 28Cr 1.22TCr
Projected Income Statement - Annual - Invesco Trust for Investment Grade New York Municipals
Logo Invesco Trust for Investment Grade New York Municipals
Invesco Trust for Investment Grade New York Municipals (the Trust) is a closed-end management investment company. The Trust’s investment objective is to provide common shareholders with a high level of current income exempt from federal as well as from New York State and New York City income taxes, consistent with preservation of capital. Under normal market conditions, at least 80% of the Trust’s total assets will be invested in municipal securities. Under normal market conditions, at least 80% of the Trust’s net assets will be invested in securities the income of which is exempt from New York income taxes. Under normal market conditions, the Trust may invest up to 20% of its total assets in municipal securities rated below investment grade or that are unrated but determined by the Adviser to be of comparable quality at the time of purchase. The Trust investment advisor is Invesco Advisers, Inc.
Employees
7,063
Date Price Change Volume
15/26/15 $9.700 +5.21% 1,54,459
14/26/14 $9.220 -2.02% 29,033
13/26/13 $9.410 +0.86% 40,033
12/26/12 $9.330 -1.37% 73,224
09/26/09 $9.460 +1.94% 64,349
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
9.700
Average target price
-