Invesco for Investment Grade New York Municipals (VTN) vs WhiteHorse Finance (WHF)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
WhiteHorse Finance (WHF) has outperformed Invesco for Investment Grade New York Municipals (VTN) over the past year, gaining 4.3% versus a loss of 16.7%. Over five years, VTN leads with a -30.8% price change compared with -55.7% for WHF. WhiteHorse Finance is the larger company by market cap ($151.0 million vs $136.1 million), about 1.1 times the size.
On valuation, WhiteHorse Finance trades at a lower trailing P/E (9.0x vs 30.9x for Invesco for Investment Grade New York Municipals). WhiteHorse Finance offers the higher dividend yield (16.15% vs 8.86%).
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 | VTN | WHF |
|---|---|---|
| Share price | $9.28 | $7.03 |
| Market cap | $136.09M | $150.98M |
| 1-day change | -0.32% | +1.59% |
| YTD return | -19.37% | +1.15% |
| 1-year return | -16.70% | +4.30% |
| 5-year return | -30.80% | -55.70% |
| P/E ratio (TTM) | 30.93 | 9.01 |
| Forward P/E | — | 7.19 |
| EPS (TTM) | $0.30 | $0.78 |
| Dividend yield | 8.86% | 16.15% |
| Annual dividend | $0.822 | $1.14 |
| 52-week high | $12.10 | $7.84 |
| 52-week low | $8.99 | $6.07 |
| Distance from 52-week high | -23.31% | -10.33% |
| Analyst consensus | buy | none |
| Avg. price target upside | — | +11.38% |
| Average volume | 41.27K | 73.95K |
| Shares outstanding | 14.66M | 21.48M |
| Sector | Finance | Finance |
| Industry | Finance Companies | Finance Companies |
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
- WHF has outperformed VTN by 21.0 percentage points over the past year.
- Invesco for Investment Grade New York Municipals trades at a higher earnings multiple (30.9x vs 9.0x trailing P/E).
- WhiteHorse Finance offers a meaningfully higher dividend yield (16.15% vs 8.86%).
About Invesco for Investment Grade New York Municipals
VTN stock →Invesco Trust for Investment Grade New York 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 · Finance Companies
About WhiteHorse Finance
WHF stock →WhiteHorse Finance, Inc. is business development company, non-diversified, closed end management company specializing in originating senior secured loans, lower middle market, growth capital industries.
Finance · Finance Companies
VTN vs WHF FAQ
Which is bigger, Invesco for Investment Grade New York Municipals or WhiteHorse Finance?
WhiteHorse Finance (WHF) is larger, with a market capitalization of $150.98M compared with $136.09M for Invesco for Investment Grade New York Municipals (VTN).
Which stock has performed better over the past year, VTN or WHF?
WHF returned +4.30% over the past 12 months, compared with -16.70% for VTN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, VTN or WHF?
WHF has the lower trailing P/E at 9.0, versus 30.9 for VTN. 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 New York Municipals or WhiteHorse Finance?
WhiteHorse Finance has the higher yield at 16.15%, compared with 8.86% for Invesco for Investment Grade New York Municipals.
Are Invesco for Investment Grade New York Municipals and WhiteHorse Finance in the same industry?
Yes. Both are classified in the Finance Companies industry within the Finance sector.