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Invesco Trust for Investment Grade Municipals (Invesco Trust for Investment Grade Municipals) FCF Yield % : 9.98 (As of May. 30, 2024)


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What is Invesco Trust for Investment Grade Municipals FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Invesco Trust for Investment Grade Municipals's Trailing 12-Month Free Cash Flow is $53.49 Mil, and Market Cap is $535.81 Mil. Therefore, Invesco Trust for Investment Grade Municipals's FCF Yield % for today is 9.98%.

The historical rank and industry rank for Invesco Trust for Investment Grade Municipals's FCF Yield % or its related term are showing as below:

VGM' s FCF Yield % Range Over the Past 10 Years
Min: 0.94   Med: 9.29   Max: 32.99
Current: 9.98


During the past 7 years, the highest FCF Yield % of Invesco Trust for Investment Grade Municipals was 32.99%. The lowest was 0.94%. And the median was 9.29%.

VGM's FCF Yield % is ranked better than
75.49% of 1595 companies
in the Asset Management industry
Industry Median: 3.17 vs VGM: 9.98

Invesco Trust for Investment Grade Municipals's FCF Margin % for the quarter that ended in Feb. 2024 was 76.54%.


Invesco Trust for Investment Grade Municipals FCF Yield % Historical Data

The historical data trend for Invesco Trust for Investment Grade Municipals's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Invesco Trust for Investment Grade Municipals FCF Yield % Chart

Invesco Trust for Investment Grade Municipals Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
FCF Yield %
Get a 7-Day Free Trial 1.02 8.06 8.88 28.01 10.01

Invesco Trust for Investment Grade Municipals Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.38 12.28 42.94 9.56 11.00

Competitive Comparison of Invesco Trust for Investment Grade Municipals's FCF Yield %

For the Asset Management subindustry, Invesco Trust for Investment Grade Municipals's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Invesco Trust for Investment Grade Municipals's FCF Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Invesco Trust for Investment Grade Municipals's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Invesco Trust for Investment Grade Municipals's FCF Yield % falls into.



Invesco Trust for Investment Grade Municipals FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Invesco Trust for Investment Grade Municipals's FCF Yield % for the fiscal year that ended in Feb. 2024 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=53.494 / 534.1852
=10.01%

Invesco Trust for Investment Grade Municipals's annualized FCF Yield % for the quarter that ended in Feb. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=29.368 * 2 / 534.1852
=11.00%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Invesco Trust for Investment Grade Municipals FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Invesco Trust for Investment Grade Municipals FCF Yield % Related Terms

Thank you for viewing the detailed overview of Invesco Trust for Investment Grade Municipals's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Invesco Trust for Investment Grade Municipals (Invesco Trust for Investment Grade Municipals) Business Description

Traded in Other Exchanges
N/A
Address
1555 Peachtree Street, N.E., Suite 1800, Atlanta, GA, USA, 30309
Invesco Trust for Investment Grade Municipals is active in the financial services sector. Its investment objective is to provide common shareholders with a high level of current income exempt from federal income tax, consistent with preservation of capital.
Executives
Glenn Eugene Brightman officer: President & PEO 570 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Stephanie Butcher officer: Senior Vice President 1555 PEACHTREE ST. NE, ATLANTA GA 30309
Tony Wong director, officer: Senior Vice President 1331 SPRING STREET NW, SUITE 2500, ATLANTA GA 30309
Melanie Ringold officer: SVP, CLO and Secretary 1555 PEACHTREE STREE NE, SUITE 1800, ATLANTA GA 30309
Mark William Gregson officer: Chief Accounting Officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Terry Vacheron officer: Chief Financial Officer 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Bordewick James R Jr officer: Senior Officer & SVP C/O BANC OF AMERICA INVESTMENT ADVISORS, 100 FEDERAL STREET, BOSTON MA 02110
Josh Cooney other: Portfolio Manager 1555 PEACHTREE ST NE SUITE 1800, ATLANTA GA 30309
Rebecca Setcavage other: Portfolio Manager 1555 PEACHTREE ST NE SUITE 1800, ATLANTA GA 30309
Adrien Deberghes officer: Vice President,PFO & Treasurer 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Laura Allison Dukes officer: SMD and CFO 780 JOHNSON FERRY ROAD, SUITE 800, ATLANTA GA 30342
Loren M Starr director
Annette Lege director, officer: CFO & CAO 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Kevin M Carome director
Todd F Kuehl officer: Chief Compliance officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309

Invesco Trust for Investment Grade Municipals (Invesco Trust for Investment Grade Municipals) Headlines

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