Closed-end management investment company focusing on California municipal bonds.
Invesco California Value Municipal Income Trust, a closed-ended fixed income mutual fund launched by Invesco Ltd., stands as a stalwart in the investment landscape. Managed collectively by a consortium of Invesco entities including Invesco Advisers, Inc. and others across global markets, the fund focuses on the fixed income sector within the United States. Its core strategy revolves around investing primarily in investment grade California municipal securities, encompassing a diverse range from municipal bonds to commercial paper and lease obligations.
Employing a rigorous approach rooted in fundamental analysis and bottom-up security selection, Invesco California Value Municipal Income Trust crafts a robust portfolio designed to deliver stable returns while mitigating risks. This methodology underscores its commitment to prudent investment practices and strategic asset allocation, tailored to meet the income needs and risk tolerance of its investors.
Originally known as Invesco Van Kampen California Value Municipal Income Trust, the fund was established on April 30, 1993, and is domiciled in the United States. With a rich history spanning decades, Invesco California Value Municipal Income Trust continues to uphold its mission of providing reliable investment opportunities in the municipal bond market, maintaining its reputation as a trusted steward of investor capital.