Invesco Trust For Inv Grade Munis - Asset Resilience Ratio
Invesco Trust For Inv Grade Munis (VGM) has an Asset Resilience Ratio of 2.85% as of February 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Read VGM total debt and obligations for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2019–2024)
This chart shows how Invesco Trust For Inv Grade Munis's Asset Resilience Ratio has changed over time. See VGM net asset value for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Invesco Trust For Inv Grade Munis's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see Invesco Trust For Inv Grade Munis (VGM) total market value.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $26.98 Million | 2.85% |
| Total Liquid Assets | $26.98 Million | 2.85% |
Asset Resilience Insights
- Limited Liquidity: Invesco Trust For Inv Grade Munis maintains only 2.85% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Invesco Trust For Inv Grade Munis Industry Peers by Asset Resilience Ratio
Compare Invesco Trust For Inv Grade Munis's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
BlackRock Technology and Private Equity Term Trust
NYSE:BTX |
Asset Management | 5.59% |
|
Sprott Physical Silver
TO:PSLV |
Asset Management | 99.90% |
|
Groep Brussel Lambert NV
BR:GBLB |
Asset Management | 6.95% |
|
Sprott Physical Gold and Silver Trust
TO:CEF |
Asset Management | 99.91% |
|
Australian Foundation Investment Company Ltd
AU:AFI |
Asset Management | 0.00% |
|
Argo Investments Ltd
AU:ARG |
Asset Management | 0.46% |
|
Norte Grande
SN:NORTEGRAN |
Asset Management | 0.00% |
|
Cuprum
SN:CUPRUM |
Asset Management | 5.84% |
Annual Asset Resilience Ratio for Invesco Trust For Inv Grade Munis (2019–2024)
The table below shows the annual Asset Resilience Ratio data for Invesco Trust For Inv Grade Munis.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-02-29 | 2.85% | $26.98 Million | $947.06 Million | +18.77pp |
| 2023-02-28 | -15.92% | $-157.68 Million | $990.29 Million | +9.96pp |
| 2022-02-28 | -25.88% | $-310.30 Million | $1.20 Billion | +1.59pp |
| 2021-02-28 | -27.47% | $-342.09 Million | $1.25 Billion | +1.99pp |
| 2020-02-29 | -29.46% | $-383.44 Million | $1.30 Billion | -2.55pp |
| 2019-02-28 | -26.90% | $-325.97 Million | $1.21 Billion | -- |
About Invesco Trust For Inv Grade Munis
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 … Read more