Invesco Trust for Investment Grade Municipals
High uncertainty:The valuation methods show significant disagreement (>100% spread). Treat the range as a rough guide rather than a precise estimate.
Bear Case (25th pct.)
-21.6% vs price
Base Case (Median)
1.6% vs price
Bull Case (75th pct.)
62.0% vs price
◇ = Current price | |Bear |Base | Bull
| Method | Est. Value | vs Price | Weight |
|---|---|---|---|
| DCF (Discounted Cash Flow) | $28.61 | 177.5% | High (40%) |
| PE Comparable | $8.22 | -20.3% | Medium (25%) |
| Growth Trajectory DCF | $7.67 | -25.6% | Medium (20%) |
| Graham Number | $12.73 | 23.5% | High (80%) |
Based on 4 out of 8 methods, VGM appears fairly valued at the current price of $10.31. The base case fair value of $10.48 implies 1.6% upside.
Bear/base/bull cases represent the 25th, 50th, and 75th percentile of available method estimates. This is not financial advice. Valuation is inherently uncertain.