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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

Post by FreddieMacon Jun 11, 2017 11:31pm
130 Views
Post# 26351010

Shipping containers ....

Shipping containers ....Just some info regarding shipping containers...

The standard size is what is called 1 TEU, which stands for 1 Twenty Foot Equivalent Unit.

The volumetric capacity of a 1 TEU container is 39 cubic metres.
39 cubic metres is 39,000 litres. 
So that is 39,000 Veggemo cartons, at 1L each.  

At a wholesale price of $2.00 / Litre, which is high, that works out to gross revenue for one container of $78,000.   


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