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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 gamer96on Aug 06, 2016 9:47am
79 Views
Post# 25116459

RE:RE:RE:RE:Global Gardens closes $5.13-million private placement

RE:RE:RE:RE:Global Gardens closes $5.13-million private placement
Not your typical Penny PP, where "participants" sell (or even short stock) knowing they can "replace" their shares at their lower price.  Volumes over the last 6 months come no where close to 51M. Even the value of shares traded is roughly 1M this year.  This is completely participants money.
I LIKE THAT.
What I didn't see was the "usual" '4 month hold period'.
We all knew they would need a PP to "launch" into the States. They didn't go overboard and can do another at higher prices when launching into China.
As for share price going up, not sure if Americans can buy on the "Canadian Exchange". We may have to move up to another exchange (or go onto OTC).
GLTA
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