Stock fact sheet · data as of
Invesco Pennsylvania Value Municipal Income Trust (VPV): fair value, margin of safety and Wheel Score
Financial Services · Asset Management · United States · High Yield Income
Is VPV undervalued?
Invesco Pennsylvania Value Municipal Income Trust (VPV) closed at 10.97 on 16 Oct 2026, 13% above the GLS average fair value of 9.74. Only 3 of the 8 models that produced a number value the shares above the current price. The margin of safety is negative, so the stock fails the "below fair value" rule of the Sunday Scan; a premium of this size is common for companies whose growth the models are conservative about.
The 8 models disagree widely: EPV gives 3.27 while Graham Growth gives 16.81. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
The nightly engine files VPV under High Yield Income: a dividend yield above 4%.
Nine valuation models for VPV
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | 8.55 | -22% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 16.81 | +53% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 7.35 | -33% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 6.69 | -39% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 9.56 | -13% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 13.94 | +27% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 11.78 | +7% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 3.27 | -70% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -6.00 | -155% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
On financial health VPV scores 8/9 (Piotroski): most of the nine tests - positive earnings and cash flow, falling debt, rising margins and turnover - are passed, which is the kind of balance sheet a wheel trader is happy to be assigned. The GLS Moat score is low at 3.2 out of 10, which says the ten-year record of revenue, earnings, margins and returns on capital has been inconsistent - growth and shocks rather than steady compounding.
Returns on capital are thin or negative - ROIC 1.7%, ROE 2.7%, ROA 1.7% - with debt at 0.55 times equity and a free-cash-flow yield of 4.4%.
The dividend yield is high at 7.30% (payout ratio 161%) - a payout above 100% of earnings, which is not covered by profits. A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual.
Institutional ownership scores 1/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 8 / 9 | ROIC | 1.7% |
|---|---|---|---|
| GLS Moat | 3.2 / 10 | ROE | 2.7% |
| Debt / equity | 0.55 | ROA | 1.7% |
| Free-cash-flow yield | 4.4% | Payout ratio | 161% |
| Institutions | 1 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 36: No options
VPV has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business; the Wheel Score is capped at 39 and shown as "No options" (36 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at 19k shares a day on a market cap of $196M, with a beta of 0.67 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 6 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 7 / 25 | -13% margin of safety | |
| Health | 18 / 20 | Piotroski 8/9 | |
| Moat | 5 / 15 | moat 3.2/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 6 / 20 | 19k shares/day, $196M cap, beta 0.67 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for VPV in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Asset Management
The 12 companies below are the closest to Invesco Pennsylvania Value Municipal Income Trust by market cap within the Asset Management industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| AHTPX American Beacon AHL TargetRisk Fund - Investor Class | 11.21 | 15.69 | +29% | 39No options | $195M |
| GGT Gabelli Multimedia Trust Inc. | 3.93 | 19.27 | +80% | 39No options | $194M |
| BANX ArrowMark Financial Corp. | 20.02 | 34.15 | +41% | 57Fair | $194M |
| PRIHX T. Rowe Price Intermediate Tax-Free High Yield Fund, Inc. | 9.58 | 23.71 | +60% | 39No options | $200M |
| SCM Stellus Capital Investment Corporation | 7.05 | 4,324,121.34 | +100% | 70Good | $201M |
| SILVX SGI U.S. Large Cap Equity Fund Class I | 20.04 | 11.72 | -71% | 23No options | $191M |
| RRGAX DWS RREEF Global Real Estate Securities Fund - Class A | 7.34 | 10.98 | +33% | 39No options | $190M |
| FIFNX Fidelity Founders Fund | 27.65 | 4.92 | -462% | 20No options | $202M |
| GMSAX Goldman Sachs Managed Futures Strategy Fund | 10.14 | 26.60 | +62% | 39No options | $203M |
| SRV NXG Cushing Midstream Energy Fund | 43.85 | 124.29 | +65% | 39No options | $205M |
| MFM Aberdeen Municipal Income Fund | 4.98 | 8.66 | +42% | 39No options | $205M |
| PNNT PennantPark Investment Corporation | 3.15 | 15.53 | +80% | 74Good | $206M |
⚖ Compare VPV with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about VPV
Is VPV undervalued right now?
No: at 10.97 the stock trades 13% above the GLS average fair value of 9.74 (data as of 16 Oct 2026). The margin of safety is negative.
What is the Wheel Score of VPV and what does it mean?
VPV has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for VPV?
9.74 per share as of 16 Oct 2026 - the simple average of the 8 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Invesco Pennsylvania Value Municipal Income Trust report earnings next?
No upcoming earnings date is recorded for VPV in our calendar as of 16 Oct 2026; the Calendars page is refreshed every morning.
Does VPV have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on VPV, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.