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Invesco Trust for Investment Grade Municipals 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 FreddieMacon Apr 01, 2017 12:12am
86 Views
Post# 26061897

RE:RE:RE:Road Ahead

RE:RE:RE:Road AheadThanks Stingo.  Some interesting theories I agree.  

A few points to ponder:

1.  At the end of each month the public can obtain the "net house position" on each public stock.   So if you track the trading volume for a month and then get the net house positions, you can figure out which FIRM is selling as Anonymous.   (Assuming then are not using multiple firms, which is obviously possible)

2.  BMO is a big firm, with lots of clients.   How do we know it's all from the same seller ?   What specific facts show that this is all one seller?   What about if a group of BMO brokers all just wanted out, because they see better opportunities elsewhere and then persuaded their clients to unload ?

3.   Rather than postulate on the potential intrigue of the various market participants, we may all do well to focus on the fundamentals - growth in Net Sales, Gross Margin and building the brand.   

4.   Will be looking with interest at what the Q1 2017 financials reveal in May...


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