First High Yield Opportunities 2027 Term Fund (FTHY) vs Invesco for Investment Grade Municipals (VGM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
First High Yield Opportunities 2027 Term Fund (FTHY) has outperformed Invesco for Investment Grade Municipals (VGM) over the past year, losing 11.2% versus a loss of 13.3%. Over five years, VGM leads with a -37.0% price change compared with -38.9% for FTHY. Invesco for Investment Grade Municipals is the larger company by market cap ($473.4 million vs $467.8 million), about 1.0 times the size.
On valuation, First High Yield Opportunities 2027 Term Fund trades at a lower trailing P/E (18.4x vs 28.2x for Invesco for Investment Grade Municipals). Invesco for Investment Grade Municipals pays a dividend yielding 8.88%, while First High Yield Opportunities 2027 Term Fund does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FTHY | VGM |
|---|---|---|
| Share price | $12.72 | $8.73 |
| Market cap | $467.75M | $473.45M |
| 1-day change | +0.16% | +1.51% |
| YTD return | -9.59% | -15.81% |
| 1-year return | -11.17% | -13.31% |
| 5-year return | -38.90% | -37.01% |
| P/E ratio (TTM) | 18.43 | 28.16 |
| EPS (TTM) | $0.69 | $0.31 |
| Dividend yield | 11.79% | 8.88% |
| Annual dividend | $0.00 | $0.775 |
| 52-week high | $14.42 | $10.66 |
| 52-week low | $12.54 | $8.39 |
| Distance from 52-week high | -11.79% | -18.11% |
| Average volume | 106.28K | 220.12K |
| Shares outstanding | 36.77M | 54.23M |
| Sector | Finance | Finance |
| Industry | Investment Managers | Trusts Except Educational Religious and Charitable |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Invesco for Investment Grade Municipals trades at a higher earnings multiple (28.2x vs 18.4x trailing P/E).
- First High Yield Opportunities 2027 Term Fund offers a meaningfully higher dividend yield (11.79% vs 8.88%).
About Invesco for Investment Grade Municipals
VGM stock →Invesco Trust for Investment Grade 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.
Finance · Trusts Except Educational Religious and Charitable
FTHY vs VGM FAQ
Which is bigger, First High Yield Opportunities 2027 Term Fund or Invesco for Investment Grade Municipals?
Invesco for Investment Grade Municipals (VGM) is larger, with a market capitalization of $473.45M compared with $467.75M for First High Yield Opportunities 2027 Term Fund (FTHY).
Which stock has performed better over the past year, FTHY or VGM?
FTHY returned -11.17% over the past 12 months, compared with -13.31% for VGM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FTHY or VGM?
FTHY has the lower trailing P/E at 18.4, versus 28.2 for VGM. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, First High Yield Opportunities 2027 Term Fund or Invesco for Investment Grade Municipals?
First High Yield Opportunities 2027 Term Fund has the higher yield at 11.79%, compared with 8.88% for Invesco for Investment Grade Municipals.
Are First High Yield Opportunities 2027 Term Fund and Invesco for Investment Grade Municipals in the same industry?
Both are in the Finance sector, but in different industries: Investment Managers for First High Yield Opportunities 2027 Term Fund and Trusts Except Educational Religious and Charitable for Invesco for Investment Grade Municipals.