Invesco Value Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc., INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc. It invests in the fixed income markets of the United States.
The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations. It employs fundamental analysis with bottom-up security selection approach to create its portfolio.
The fund was previously known as Invesco Insured Municipal Income Trust. Invesco Value Municipal Income Trust was formed on February 26, 1993 and is domiciled in the United States.
What is Invesco Value Municipal Income Trust (IIM) and what does it do?
Invesco Value Municipal Income Trust (IIM) is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund primarily invests in investment grade municipal securities in the United States, including municipal bonds, municipal notes, municipal commercial paper, and lease obligations. It employs a fundamental analysis with a bottom-up security selection approach to build its portfolio. The fund is co-managed by several Invesco affiliates, such as Invesco Advisers, Inc., INVESCO Asset Management (Japan) Limited, and others. Previously known as Invesco Insured Municipal Income Trust, it aims to provide value through municipal income investments.
Where is Invesco Value Municipal Income Trust (IIM) listed and in which currency does it trade?
Invesco Value Municipal Income Trust (IIM) is listed on the New York Stock Exchange (NYSE) under the ticker symbol IIM. The fund trades in U.S. dollars (USD), which is the official currency of the United States where it is domiciled. As a closed-end fund listed on a major U.S. exchange, investors can buy and sell shares of IIM during regular trading hours in USD.
What sector and industry does Invesco Value Municipal Income Trust (IIM) belong to?
Invesco Value Municipal Income Trust (IIM) operates in the Financial Services sector, specifically within the Asset Management industry. As an asset management company, it focuses on managing a portfolio of municipal securities to generate income for its investors. The fund is part of Invesco Ltd., a global investment management firm, and is managed by a team of co-managers from various Invesco entities worldwide.
Where is Invesco Value Municipal Income Trust (IIM) based and what markets does it serve?
Invesco Value Municipal Income Trust (IIM) is domiciled in the United States and was formed on February 26, 1993. The fund primarily invests in the fixed income markets of the United States, focusing on investment grade municipal securities. Its investment strategy targets U.S. municipal bonds and related instruments, serving investors seeking exposure to tax-advantaged municipal income. The fund is managed by Invesco Ltd., which has a global presence with co-managers in Japan, Germany, the United Kingdom, Canada, and Hong Kong.
How does Invesco Value Municipal Income Trust (IIM) generate returns for investors?
Invesco Value Municipal Income Trust (IIM) generates returns by investing in a diversified portfolio of investment grade municipal securities, including municipal bonds, notes, commercial paper, and lease obligations. The fund employs a fundamental analysis with a bottom-up security selection approach, meaning it evaluates individual securities based on their intrinsic value rather than broad market trends. Income is primarily derived from interest payments on these municipal securities, which are often exempt from federal income tax. The fund is co-managed by multiple Invesco affiliates, leveraging their expertise in fixed income markets.