CEF Advisors

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Invesco Trust for Investment Grade New York Municipals (VTN)

Single State Muni Bond Funds - New York (NY) Municipal Bond

Data as of Aug. 7, 2020
Market Price $12.79 (- $0.03)
NAV (Aug. 7, 2020) $14.36 (+ $0.02)
Premium / Discount -10.93% (-0.33%)
Fund Info
Inception March 27, 1992
Sponsor Invesco Advisers
Website https://www.invesco.co...
Phone (800) 959-4246
Objective: High current income exempt from federal as well as New York state and New York City income taxes; investment grade New York municipal securities
Related Indexes
New York Municipal Index
Discount CEF/BDC Index
Capital & Leverage
Outstanding Shares 19,477,753
Total Assets (Reported: Feb. 29, 2020) $474M
Estimated Total Assets $352M
Net Assets $280M
Market Cap $249M
Purchases Turnover 13.01%
Sales Turnover 13.64%
Total Leverage 39.00%
Structural Leverage (out of total) 52.64%
Portfolio Leverage (out of total) 47.36%
Expense Ratio 2.45%
Non Lev Exp Ratio 1.00%
Rel Lev Cost 2.30%
Discount Data
Average Discount (3 Yr) -8.38%
Discount Low(3 Yr) -26.77%
Discount High(3 Yr) -3.68%
Discount Rel Range 68.58%
Comp Discount -4.38
Discount St Dev (1Yr) 3.49
Z-Stat (6mo) 0.23
Z-Stat (1Yr) -0.57
Z-Stat (3Yr) -0.95
Comp Z-Stat (6mo) -0.69
Comp Z-Stat (3Yr) -1.35
Distribution Data
Market Yield 4.30%
Income Yield 4.30%
Lev Adj NAV Yield 2.75%
Distribution Frequency M
Current Distribution $0.046
Current Income $0.046
Ex-Date 8/13/20
Payable Date 8/31/20
Div Growth (3yr) -19.79%
Dividend Change -9.5% on 1/2/20
Expected Div 9/1/20
RoC (1yr) 5.94%
RoC (3yr) 3.48%
Tax Dividend Data 2019 2017 - 2019
Income 0% 0%
ST Gains 0% 0%
QDI 0% 0%
LT Gains 0% 0%
RoC 16.4% 5.7%
Volume & Liquidity
Average Daily $ (M) $400
Avg Volume 30 day 27,268
Avg Volume 90 day 31,309
Volume Trend -12.91%
Comp Volume Trend -4.98%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's New York Municipal Index
Most Correlated Peer (Mk Pr): MYN 96.0%
NAV - Price Correlation (30 d) 89.4%
NAV - Price Correlation (90 d) 92.5%
NAV - Price Correlation (1 Yr) 94.3%
Price St Dev (1Yr) 24.4%
NAV St Dev (1Yr) 11.8%
Earnings / Share (5/31/20) $0.049
Earn Coverage 107.86%
Earnings Trend Up
UNII / Share (5/31/20) $-0.058
Rel UNII -10.52
UNII Trend Up
Bond Specific Data
Maturity 18.36
Duration 8.21
Credit Rating (rbo) A
Investment Grade 80.82%
Non Investment Grade 7.73%
Unrated Bonds 11.44%
Average Bond Price 110.98
Discount vs Price 0.05
Coupon 4.90%
Zero Coupon 5.21%
AMT 9.59%
AMT Yield 4.18%
Bond Calls Risk 11.88%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's New York Municipal Index


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