Closed-end management investment company investing primarily in value-oriented municipal bonds.
Invesco Value Municipal Income Trust operates as a closed-ended fixed income mutual fund managed by Invesco Ltd., a global investment management company. The fund is co-managed by several entities under the Invesco umbrella, including 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. Established on February 26, 1993, and based in the United States, the fund specializes in investing in the fixed income markets of the United States.
The primary investment strategy of Invesco Value Municipal Income Trust revolves around acquiring investment-grade municipal securities. These securities encompass a range of instruments such as municipal bonds, municipal notes, municipal commercial paper, and lease obligations. The fund employs a rigorous approach to security selection, utilizing fundamental analysis and a bottom-up investment strategy to construct its portfolio. This methodology aims to identify securities that offer attractive yields while maintaining a prudent level of credit quality.
Formerly known as Invesco Insured Municipal Income Trust, the fund was rebranded to its current name to reflect its focus on value-oriented municipal investments. Invesco Value Municipal Income Trust seeks to provide investors with income exempt from federal income tax, making it a favored choice among investors seeking tax-efficient returns within the municipal bond market. With its long-standing presence and disciplined investment approach, the fund continues to serve as a reliable option for investors looking to participate in the municipal bond sector while benefiting from professional management and diversified exposure.