Guggenheim Active Allocation Fund (GUG) 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
Invesco for Investment Grade Municipals is the larger company by market cap ($473.4 million vs $457.4 million), about 1.0 times the size. On valuation, Guggenheim Active Allocation Fund trades at a lower trailing P/E (8.4x vs 28.2x for Invesco for Investment Grade Municipals). Invesco for Investment Grade Municipals pays a dividend yielding 8.88%, while Guggenheim Active Allocation 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 | GUG | VGM |
|---|---|---|
| Share price | $13.87 | $8.73 |
| Market cap | $457.43M | $473.45M |
| 1-day change | -0.07% | +1.51% |
| YTD return | — | -15.81% |
| 1-year return | — | -13.31% |
| 5-year return | — | -37.01% |
| P/E ratio (TTM) | 8.41 | 28.16 |
| EPS (TTM) | $1.65 | $0.31 |
| Dividend yield | 10.27% | 8.88% |
| Annual dividend | $0.00 | $0.775 |
| 52-week high | $16.46 | $10.66 |
| 52-week low | $13.65 | $8.39 |
| Distance from 52-week high | -15.74% | -18.11% |
| Average volume | 118.01K | 220.12K |
| Shares outstanding | 32.98M | 54.23M |
| Sector | Finance | Finance |
| Industry | Trusts Except Educational Religious and Charitable | 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 8.4x trailing P/E).
- Guggenheim Active Allocation Fund offers a meaningfully higher dividend yield (10.27% 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
GUG vs VGM FAQ
Which is bigger, Guggenheim Active Allocation Fund or Invesco for Investment Grade Municipals?
Invesco for Investment Grade Municipals (VGM) is larger, with a market capitalization of $473.45M compared with $457.43M for Guggenheim Active Allocation Fund (GUG).
Which has the lower P/E ratio, GUG or VGM?
GUG has the lower trailing P/E at 8.4, 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, Guggenheim Active Allocation Fund or Invesco for Investment Grade Municipals?
Guggenheim Active Allocation Fund has the higher yield at 10.27%, compared with 8.88% for Invesco for Investment Grade Municipals.
Are Guggenheim Active Allocation Fund and Invesco for Investment Grade Municipals in the same industry?
Yes. Both are classified in the Trusts Except Educational Religious and Charitable industry within the Finance sector.