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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 survivor2015on Dec 31, 2017 3:31pm
124 Views
Post# 27255030

1.7M shares and up 12.5% on Friday

1.7M shares and up 12.5% on Friday
Well, I wish I had more invested here.  The charts appear to be bullish.  I am concerned about the number of people waiting to sell at 9.5 and 10 cents?

In any case, at the price I bought this at, I'm happy to just hold and be patient.  Not the type of stock I normally invest in but the product is credible and is in a growing market.

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