Invesco for Investment Grade Municipals (VGM) vs Western Asset Diversified Income Fund (WDI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Western Asset Diversified Income Fund is the larger company by market cap ($607.9 million vs $484.3 million), about 1.3 times the size. On valuation, Western Asset Diversified Income Fund trades at a lower trailing P/E (10.7x vs 27.9x for Invesco for Investment Grade Municipals). Invesco for Investment Grade Municipals pays a dividend yielding 8.68%, while Western Asset Diversified 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 | VGM | WDI |
|---|---|---|
| Share price | $8.93 | $11.71 |
| Market cap | $484.29M | $607.89M |
| 1-day change | +2.29% | +0.26% |
| YTD return | -13.89% | — |
| 1-year return | -11.41% | — |
| 5-year return | -35.57% | — |
| P/E ratio (TTM) | 27.91 | 10.74 |
| EPS (TTM) | $0.32 | $1.09 |
| Dividend yield | 8.68% | 15.22% |
| Annual dividend | $0.775 | $0.00 |
| 52-week high | $10.66 | $14.92 |
| 52-week low | $8.39 | $11.57 |
| Distance from 52-week high | -16.23% | -21.51% |
| Average volume | 224.55K | 283.01K |
| Shares outstanding | 54.23M | 51.91M |
| 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 (27.9x vs 10.7x trailing P/E).
- Western Asset Diversified Income Fund offers a meaningfully higher dividend yield (15.22% vs 8.68%).
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
VGM vs WDI FAQ
Which is bigger, Invesco for Investment Grade Municipals or Western Asset Diversified Income Fund?
Western Asset Diversified Income Fund (WDI) is larger, with a market capitalization of $607.89M compared with $484.29M for Invesco for Investment Grade Municipals (VGM).
Which has the lower P/E ratio, VGM or WDI?
WDI has the lower trailing P/E at 10.7, versus 27.9 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, Invesco for Investment Grade Municipals or Western Asset Diversified Income Fund?
Western Asset Diversified Income Fund has the higher yield at 15.22%, compared with 8.68% for Invesco for Investment Grade Municipals.
Are Invesco for Investment Grade Municipals and Western Asset Diversified Income Fund in the same industry?
Yes. Both are classified in the Trusts Except Educational Religious and Charitable industry within the Finance sector.