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Invesco Trust for Investment Grade Municipals C.VGM


Primary Symbol: VGM

Invesco Trust for Investment Grade Municipals (the Trust) is a diversified, closed-end management investment trust. The Trust's investment objective is to provide common shareholders with a high level of current income exempt from federal income tax, consistent with preservation of capital. It will invest substantially all of its assets in municipal securities rated investment grade at the time of investment. Municipal securities include municipal bonds, municipal notes, municipal commercial paper and lease obligations. Under normal market conditions, approximately 80% of the Trust’s total assets will be invested in municipal securities. The Trust may invest up to 20% of its total assets in municipal securities rated below investment grade or that are unrated. Invesco Advisers, Inc. serves as its investment advisor.


NYSE:VGM - Post by User

Comment by yuriblue1969on Jan 17, 2019 8:32pm
134 Views
Post# 29249008

RE:RE:Shares halted for over a month now....

RE:RE:Shares halted for over a month now....
ya folks they are trying to salvage this as they believe in product and business. They are all heavily invested both financially and time wise. No insiders have sold. There will be nothing though unless they secure additional capital. No new director and no resumption of trading. Without cash they can't even do audited financials for year end. At this point it is just hurry up and wait. If they get financing then they go from there. It's not a big deal they can't produce as their scale doesn't make it profitable other than in China. For myself I am looking at this as lost money. Too bad as the product was great.
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