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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 Dec 01, 2017 4:34pm
123 Views
Post# 27075299

Insiders ?? Really ?

Insiders ?? Really ?There have been several posts recently about "insiders" buying and one specific "person" doing a lot of selling. 

So I went and looked on SEDI, which is the filing site for all insiders of all Canadian public companies.  Disclosure and filings are required by law of members of senior management, the board of directors and shareholders holding, directly or indirectly, more than 10% of the issued shares.  

There have been NO insider reports filed by anyone related to Veggemo in the past year.

so that leaves the following options:

1.  Insiders are selling or buying but not reporting.
2.  Insiders are not selling or buying and thus have nothing to file on SEDI.
3.  Someone (or multiple people) other than "insiders" are doing the buying and selling that has been the subject of comment on this board.  

The implications flowing from whether it is #1,2 or 3 are significant.....
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