Invesco Trust for Investment Grade Municipals (VGM) Total Return Calculator
$10,000 since Dec 2007, with and without reinvesting · data through Oct 2026
$10,000 invested in Invesco Trust for Investment Grade Municipals (VGM) ten years ago, at the end of Oct 2016, was worth $12,651 at the end of Oct 2026 with every dividend reinvested: 2.4% a year, against $41,633 in the S&P 500. Since Dec 2007, $10,000 became $22,381 reinvested (4.4% a year), or $17,615 taking the dividends as cash, $10,799 of it paid out along the way.
VGM became
$22,381
S&P 500: $72,756
Return a year
4.4%
S&P 500: 11.1%
Payouts reinvested
$19,985
bought more shares
Worst drop
-37.1%
S&P 500: -48.2%
$10,000, Dec 2007 to Oct 2026
Payouts reinvested · S&P 500 reinvested
| Year | VGM total return | Paid out | S&P 500 |
|---|---|---|---|
| 2026 (part) | −3.4% | $1,473 | +11.7% |
| 2025 | +10.9% | $1,650 | +17.7% |
| 2024 | +8.8% | $1,295 | +24.9% |
| 2023 | +3.1% | $836 | +26.2% |
| 2022 | −24.2% | $1,004 | −18.2% |
| 2021 | +11.0% | $1,136 | +28.7% |
| 2020 | +7.9% | $989 | +18.3% |
| 2019 | +17.6% | $971 | +31.2% |
| 2018 | −7.8% | $1,017 | −4.6% |
| 2017 | +9.5% | $1,065 | +21.7% |
| 2016 | +1.5% | $1,089 | +12.0% |
| 2015 | +7.2% | $1,080 | +1.2% |
| 2014 | +16.8% | $1,025 | +13.5% |
| 2013 | −14.3% | $993 | +32.3% |
| 2012 | +8.8% | $1,078 | +16.0% |
| 2011 | +21.2% | $992 | +1.9% |
| 2010 | +3.7% | $923 | +15.1% |
| 2009 | +69.1% | $756 | +26.4% |
| 2008 | −31.4% | $613 | −36.8% |
"Paid out" is what your holding received that year. Month-end prices; no costs or taxes.
Key facts: VGM total return
Data as of · Source: SmarterDividends data
- $10,000 invested in Invesco Trust for Investment Grade Municipals (VGM) at the end of Dec 2007, with dividends reinvested, was worth $22,381 at the end of Oct 2026: 4.4% a year, against $72,756 (11.1% a year) in the S&P 500.
- Over the 10 years to Oct 2026, VGM turned $10,000 into $12,651 with dividends reinvested, 2.4% a year.
- Over the 5 years to Oct 2026, VGM returned -1.1% a year with dividends reinvested (S&P 500: 12.0%).
- Taking VGM's dividends as cash instead of reinvesting them, the same $10,000 ended at $17,615, including $10,799 of cash received; reinvesting added $4,766.
- VGM's best calendar year in that time was 2009 (69.1%) and its worst 2008 (-31.4%), with dividends reinvested.
Cite this page
SmarterDividends, "Invesco Trust for Investment Grade Municipals (VGM) Total Return Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/VGM/total-return
VGM total return questions
If I invested $10,000 in VGM 10 years ago, how much would I have?
About $12,651 at the end of Oct 2026, with every dividend reinvested: 2.4% a year. Taking them as cash, you'd have shares worth $7,132 or so plus the cash you received. The same $10,000 in the S&P 500 became $41,633.
What is VGM's total return since Dec 2007?
124% in total, or 4.4% a year, through Oct 2026 with dividends reinvested. The share price alone fell 32%.
How much of VGM's return came from dividends?
About 100% of its yearly return since Dec 2007. Reinvesting them, rather than taking cash, left you $4,766 better off on a $10,000 start.
What was VGM's worst year?
2008, at -31.4% with dividends reinvested (S&P 500: -36.8%). Its deepest fall from a peak, on month-end values, was -37.1%.
How is total return calculated here?
From month-end prices: the adjusted price counts every dividend reinvested in the month it was paid; the plain price doesn't. The S&P 500 is SPY with its dividends reinvested. No trading costs or taxes.