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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 WarrantOfficeron Feb 24, 2017 12:03pm
100 Views
Post# 25889575

RE:Considerations & some questions

RE:Considerations & some questionsA great read Freddie. I concur with your anology. A product could have world wide distribution, in the end its is all about profitability. Sustained growth must be obtained before SP will raise. I did consider we would see a raise in SP upon news of distribution into the US market, although it would be a temporary raise as there would be no sales to support. It would have been a great time to sell some cheap shares and rebuy as SP settled back. Plenty of potential here, with a highly experienced management team. Remains highly speculative.
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