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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 FreddieMacon Nov 02, 2017 9:55pm
46 Views
Post# 26898334

RE:RE:No more financials till after the next financing ??

RE:RE:No more financials till after the next financing ??There have been several, the most recent of which was Stingo's post of Oct. 14th, which read, in part as follows:


..."I really think this is going to move in 5 months. We should see some "real" buying of shares before the chilled is launched, which yes is going to need more money from a private placement, further diluting the shares. But I expect Isherwood & co. will be providing the financing , probably 100 million shares, so the ownership of the company remains in only a few hands. 
 
 
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