Invesco Trust for Investment Grade New York Municipals , formerly Invesco Van Kampen Trust for Investment Grade New York Municipals, is a diversified, closed-end management investment trust. The company has market cap of $264.86 million. The Trust’s investment 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. It currently has negative earnings. Under normal market conditions, the Trust will invest over 80% of its total assets in New York municipal securities rated investment grade at the time of investment.
The stock of Agnico Eagle Mines Ltd (USA) (NYSE:AEM) gapped up by $0.49 today and has $50.62 target or 6.00% above today’s $47.75 share price. The 9 months technical chart setup indicates low risk for the $10.95B company. The gap was reported on Apr, 28 by Barchart.com. If the $50.62 price target is reached, the company will be worth $657.00M more. About 2.63 million shares traded or 54.71% up from the average. Agnico Eagle Mines Ltd (USA) (NYSE:AEM) has declined 22.40% since September 21, 2016 and is downtrending. It has underperformed by 32.83% the S&P500.
Doliver Capital Advisors Inc. holds 0.25% of its portfolio in Invesco Van Kmpn Trst for Inv Gr NY Mcps for 22,054 shares. Lucas Capital Management owns 22,435 shares or 0.22% of their US portfolio. Moreover, Alpine Partners Vi Llc has 0.2% invested in the company for 31,725 shares. The New Jersey-based Landscape Capital Management L.L.C. has invested 0.19% in the stock. Essex Financial Services Inc., a Connecticut-based fund reported 15,286 shares.
About 20,965 shares traded. Invesco Van Kmpn Trst for Inv Gr NY Mcps (NYSE:VTN) has declined 12.33% since September 21, 2016 and is downtrending. It has underperformed by 22.76% the S&P500.
