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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. The Trust is focused on investing 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 BaconIsBadon Mar 28, 2017 2:44pm
50 Views
Post# 26041894

RE:Veggemo has me sold

RE:Veggemo has me soldlol, I just replied to your comment on APH's board 5 minutes ago, what a coincidence. I am no longer an investor in VGM but would like to see it succeed. I'm sitting on the sidelines and waiting for movement before I think of reinvesting. It has been stagnant in the .06-.08 for awhile now, so hopefully this is the bottom.

They just launched in the USA a week or two ago, but there is much more competition there than there is in Canada. This is a really risky investment, but you'll be rewarded if it is a success. I won't touch it again until I see some sales numbers. If there's any indication that it is selling very well and has room to grow, I'll be back in. Good luck.

Djwburr wrote: Like what I hear and see boys... nothing like buying at these basement prices. Just a starter position and will see how she does. Need to diversify out of my weed holdings and this was the best bargain out there :)


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