Invesco Trust for Investment Grade New York Municipals (VTN)

• Market cap: $154M
• 1 day: 0.10%
• 5 days: -2.05%
• 1 month: -1.13%
• 3 months: -8.85%
• 6 months: -8.37%
• Year to date: -1.78%
• 1 year: -0.85%
• 5 years: -23.56%
• 10 years: -23.00%

About: Invesco Trust For Investment Grade New York Municipals is a diversified closed-end management investment company. Its 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.

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

14% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 7

3% more funds holding

Funds holding: 31 [Q3] → 32 (+1) [Q4]

0% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 9

21.39% less ownership

Funds ownership: 35.05% [Q3] → 13.66% (-21.39%) [Q4]

65% less capital invested

Capital invested by funds: $78.7M [Q3] → $27.9M (-$50.9M) [Q4]