Is VBF or VGM more undervalued in 2026?

CirclFi compares Invesco Bond Fund (VBF) and Invesco Trust for Investment Gr (VGM) using 13 institutional-grade valuation models. VBF has a Quality of Company score of 1.7/10 while VGM scores 1.7/10.

Which is a better buy — VBF or VGM?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do VBF and VGM valuations compare?

VBF at $15.04 and VGM at $10.27 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

VBF vs VGM Valuation Comparison 2026 — Intrinsic Value Analysis

VBF

Asset Management

Invesco Bond Fund

Quality

1.7

out of 10

Value Trap

—

Price

$15.04

Last close

Models

8/13

Active

VGM

Asset Management

Invesco Trust for Investment Gr

Quality

1.7

out of 10

Value Trap

—

Price

$10.27

Last close

Models

11/13

Active

Model-by-Model Comparison

Model	Type	VBF Fair Value	VBF Upside	VGM Fair Value	VGM Upside
Bayesian DCF	Intrinsic	$3.98	-73.5%	$2.72	-73.5%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	—	—	$6.87	-32.3%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$14.02	-6.7%	$15.12	+44.9%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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VBF vs VGM — Which Stock Is More Undervalued?

Both VBF and VGM score 1.7/10 on quality. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Invesco Bond Fund (VBF) and Invesco Trust for Investment Gr (VGM) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

VBF currently trades at $15.04 with a QOC of 1.7/10, while VGM trades at $10.27 with a QOC of 1.7/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).