Nuveen Multi-Asset Income Fund (NMAI) 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 8, 2026.
Summary
Invesco for Investment Grade Municipals is the larger company by market cap ($473.4 million vs $455.3 million), about 1.0 times the size. On valuation, Nuveen Multi-Asset Income Fund trades at a lower trailing P/E (4.9x vs 28.2x for Invesco for Investment Grade Municipals). Invesco for Investment Grade Municipals pays a dividend yielding 8.88%, while Nuveen Multi-Asset Income 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 | NMAI | VGM |
|---|---|---|
| Share price | $13.62 | $8.73 |
| Market cap | $455.26M | $473.45M |
| 1-day change | -0.37% | +1.51% |
| YTD return | — | -15.81% |
| 1-year return | — | -13.31% |
| 5-year return | — | -37.01% |
| P/E ratio (TTM) | 4.93 | 28.16 |
| EPS (TTM) | $2.76 | $0.31 |
| Dividend yield | 10.18% | 8.88% |
| Annual dividend | $0.00 | $0.775 |
| 52-week high | $15.06 | $10.66 |
| 52-week low | $11.99 | $8.39 |
| Distance from 52-week high | -9.56% | -18.11% |
| Average volume | 98.85K | 220.12K |
| Shares outstanding | 33.43M | 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 4.9x trailing P/E).
- Nuveen Multi-Asset Income Fund offers a meaningfully higher dividend yield (10.18% 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
NMAI vs VGM FAQ
Which is bigger, Nuveen Multi-Asset Income Fund or Invesco for Investment Grade Municipals?
Invesco for Investment Grade Municipals (VGM) is larger, with a market capitalization of $473.45M compared with $455.26M for Nuveen Multi-Asset Income Fund (NMAI).
Which has the lower P/E ratio, NMAI or VGM?
NMAI has the lower trailing P/E at 4.9, 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, Nuveen Multi-Asset Income Fund or Invesco for Investment Grade Municipals?
Nuveen Multi-Asset Income Fund has the higher yield at 10.18%, compared with 8.88% for Invesco for Investment Grade Municipals.
Are Nuveen Multi-Asset Income Fund and Invesco for Investment Grade Municipals in the same industry?
Both are in the Finance sector, but in different industries: Investment Managers for Nuveen Multi-Asset Income Fund and Trusts Except Educational Religious and Charitable for Invesco for Investment Grade Municipals.