Invesco Trust For Inv Grade NY Munis - Asset Resilience Ratio
Invesco Trust For Inv Grade NY Munis (VTN) has an Asset Resilience Ratio of -17.14% as of February 2023. 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. See Invesco Trust For Inv Grade NY Munis (VTN) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2007–2024)
This chart shows how Invesco Trust For Inv Grade NY Munis's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Invesco Trust For Inv Grade NY Munis asset portfolio.
Liquid Assets Composition Over Time
This chart breaks down Invesco Trust For Inv Grade NY Munis's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore Invesco Trust For Inv Grade NY Munis (VTN) investment intensity to see how much of total assets are deployed in long-term investments.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $-61.73 Million | -17.14% |
| Total Liquid Assets | $-61.73 Million | -17.14% |
Asset Resilience Insights
- Limited Liquidity: Invesco Trust For Inv Grade NY Munis maintains only -17.14% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Invesco Trust For Inv Grade NY Munis Industry Peers by Asset Resilience Ratio
Compare Invesco Trust For Inv Grade NY Munis's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
TDb Split Corp
TO:XTD |
Asset Management | 94.14% |
|
A.F.P. Provida
SN:PROVIDA |
Asset Management | 5.53% |
|
Franklin Resources Inc
NYSE:BEN |
Asset Management | 10.71% |
|
IGM Financial Inc.
TO:IGM |
Asset Management | 12.70% |
|
Groep Brussel Lambert NV
BR:GBLB |
Asset Management | 3.60% |
|
Sprott Physical Gold and Silver Trust
TO:CEF |
Asset Management | 99.66% |
|
TPG Inc
NASDAQ:TPG |
Asset Management | -0.13% |
|
Argo Investments Ltd
AU:ARG |
Asset Management | 0.46% |
Annual Asset Resilience Ratio for Invesco Trust For Inv Grade NY Munis (2007–2024)
The table below shows the annual Asset Resilience Ratio data for Invesco Trust For Inv Grade NY Munis.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-02-29 | 16.46% | $60.96 Million | $370.27 Million | +33.60pp |
| 2023-02-28 | -17.14% | $-61.73 Million | $360.25 Million | +4.58pp |
| 2022-02-28 | -21.72% | $-90.49 Million | $416.59 Million | +6.74pp |
| 2021-02-28 | -28.46% | $-129.23 Million | $454.12 Million | +2.28pp |
| 2020-02-29 | -30.74% | $-145.82 Million | $474.31 Million | +0.83pp |
| 2019-02-28 | -31.58% | $-142.71 Million | $451.94 Million | -31.68pp |
| 2007-02-28 | 0.10% | $500.00K | $498.49 Million | -- |
About Invesco Trust For Inv Grade NY Munis
Invesco Trust for Investment Grade New York 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 t… Read more