ATLANTA, April 1, 2016 /PRNewswire/ -- Invesco Advisers, Inc. today announced portfolio management changes for the following Invesco closed-end municipal funds (the "Municipal Funds"):
Invesco Advantage Municipal Income Trust II (VKI)
Invesco California Value Municipal Income Trust (VCV)
Invesco Municipal Income Opportunities Trust (OIA)
Invesco Municipal Opportunity Trust (VMO)
Invesco Municipal Trust (VKQ)
Invesco Pennsylvania Value Municipal Income Trust (VPV)
Invesco Quality Municipal Income Trust (IQI)
Invesco Trust for Investment Grade Municipals (VGM)
Invesco Trust for Investment Grade New York Municipals (VTN)
Invesco Value Municipal Income Trust (IIM)
The following individuals are jointly and primarily responsible for the day-to-day management of each Municipal Fund's portfolio:
Mark Paris, Portfolio Manager, who has been associated with Invesco and/or its affiliates since 2010.
John Connelly, Portfolio Manager, who has been associated with Invesco and/or its affiliates since 2016. From 1994 to 2015, he was employed by Raymond James & Associates, where he served as Senior Vice President of Municipal High Yield Trading from 2012 to 2015. Prior to 2012, he served as Director of the Municipal High Yield Trading Group.
Tim O'Reilly, Portfolio Manager, who has been associated with Invesco and/or its affiliates since 2010.
James Phillips, Portfolio Manager, who has been associated with Invesco and/or its affiliates since 2010.
Robert Stryker, Portfolio Manager, who has been associated with Invesco and/or its affiliates since 2010.
Julius Williams, Portfolio Manager, who has been associated with Invesco and/or its affiliates since 2010.
Prior to 2010, Mr. Paris, Mr. Phillips, Mr. Stryker and Mr. Williams were associated with Van Kampen Asset Management, each predecessor fund's investment adviser.
Manager Inception Dates:
|
VKI
|
VCV
|
OIA
|
VMO
|
VKQ
|
VPV
|
IQI
|
VGM
|
VTN
|
IIM
|
|
Mark
Paris
|
2015
|
2015
|
2009
|
2015
|
2015
|
2015
|
2015
|
2015
|
2015
|
2015
|
|
John
Connelly
|
2016
|
2016
|
2016
|
2016
|
2016
|
2016
|
2016
|
2016
|
2016
|
2016
|
|
Tim
O'Reilly
|
2016
|
2016
|
2016
|
2016
|
2016
|
2016
|
2016
|
2016
|
2016
|
2016
|
|
James
Phillips
|
2015
|
2015
|
2009
|
2015
|
2015
|
2015
|
2015
|
2015
|
2015
|
2015
|
|
Robert
Stryker
|
2005
|
2009
|
2015
|
2009
|
2009
|
2011
|
2009
|
2009
|
2007
|
2009
|
|
Julius
Williams
|
2015
|
2011
|
2015
|
2015
|
2015
|
2009
|
2015
|
2015
|
2009
|
2015
|
Invesco Advisers, Inc. also today announced officer changes for the Invesco closed-end funds (the "Funds"):
Invesco Advantage Municipal Income Trust II (VKI)
Invesco Bond Fund (VBF)
Invesco California Value Municipal Income Trust (VCV)
Invesco Dynamic Credit Opportunities Fund (VTA)
Invesco High Income Trust II (VLT)
Invesco Municipal Income Opportunities Trust (OIA)
Invesco Municipal Opportunity Trust (VMO)
Invesco Municipal Trust (VKQ)
Invesco Pennsylvania Value Municipal Income Trust (VPV)
Invesco Senior Income Trust (VVR)
Invesco Quality Municipal Income Trust (IQI)
Invesco Trust for Investment Grade Municipals (VGM)
Invesco Trust for Investment Grade New York Municipals (VTN)
Invesco Value Municipal Income Trust (IIM)
Effective March 29, 2016, Sheri Morris was appointed President, Principal Executive Officer and Treasurer of each Fund listed above. In addition, Kelli Gallegos was appointed Vice President, Principal Financial Officer and Assistant Treasurer of each Fund listed above.
About Invesco Ltd.
Invesco Ltd. is a leading independent global investment management firm, dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our clients around the world. Operating in more than 20 countries, the firm is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com.
Invesco Distributors, Inc. is the US distributor for Invesco Ltd. Invesco Advisers, Inc. is an investment adviser; it provides investment advisory services to individual and institutional clients and does not sell securities. Each entity is a wholly owned, indirect subsidiary of Invesco Ltd.
Note: There is no assurance that a closed-end fund will achieve its investment objective. Shares are bought on the secondary market and may trade at a discount or premium to NAV. Regular brokerage commissions apply.
—Invesco—
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SOURCE Invesco Ltd.