Closed-end management investment company focusing on investment-grade New York municipal bonds.
Invesco Trust for Investment Grade New York Municipals stands as a notable entity in the realm of closed-ended fixed income mutual funds, launched by Invesco Ltd. and co-managed by its global subsidiaries including Invesco Advisers, Inc. Established on March 27, 1992, and domiciled in the United States, the fund specializes in investments within the U.S. fixed income markets, with a specific focus on investment grade New York municipal securities. This portfolio encompasses a range of instruments such as municipal bonds, notes, commercial paper, and lease obligations, aimed at generating stable income while managing risk through a meticulous bottom-up security selection approach.
The investment strategy of Invesco Trust for Investment Grade New York Municipals revolves around fundamental analysis, ensuring each security is evaluated based on its individual merits and credit quality. By employing rigorous research and leveraging market insights, the fund aims to construct a resilient portfolio that meets the income objectives of its investors. Formerly known as Invesco Van Kampen Trust for Investment Grade New York Municipals, the fund's name change reflects its evolution and alignment with Invesco's broader investment philosophy and commitment to delivering value.
With its long-standing presence and disciplined investment approach, Invesco Trust for Investment Grade New York Municipals continues to serve as a reliable investment vehicle for those seeking exposure to New York municipal bonds. By adhering to stringent investment criteria and leveraging the expertise of its management team, the fund remains well-positioned to navigate the complexities of the fixed income markets while striving to achieve competitive returns for its shareholders.