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Fri Sep 20 07:18:55 UTC 2024: ## Invesco Trust for Investment Grade Municipals (VGM) Surpasses Key Technical Indicator
**New York, NY (September 20, 2024)** – Invesco Trust for Investment Grade Municipals (NYSE: VGM) stock crossed above its 200-day moving average during Thursday’s trading session, indicating a potential bullish trend. The stock reached a high of $10.60, surpassing its 200-day moving average of $10.07.
The positive technical signal comes as the company also announced a monthly dividend of $0.0646, payable to shareholders of record on September 17th. The dividend represents an annualized yield of 7.35%.
Invesco Trust for Investment Grade Municipals is a closed-ended fixed income mutual fund specializing in US fixed income markets. It is managed by a consortium of Invesco subsidiaries.
While the stock’s performance is positive, investors should always conduct their own due diligence before making investment decisions.