Invesco Trust for Investment Grade Municipals 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 formerly known as Invesco Van Kampen Trust for Investment Grade Municipals. Invesco Trust for Investment Grade Municipals was formed on January 24, 1992 and is domiciled in the United States.
Invesco Trust for Investment Grade Municipals Trading Up 0.3 %
Shares of NYSE:VGM opened at $11.12 on Friday. The company's fifty day moving average price is $10.64 and its 200 day moving average price is $11.19. Invesco Trust for Investment Grade Municipals has a 12 month low of $9.91 and a 12 month high of $14.36.
Invesco Trust for Investment Grade Municipals Dividend Announcement
The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, August 31st. Shareholders of record on Monday, August 15th will be given a dividend of $0.0459 per share. This represents a $0.55 annualized dividend and a yield of 4.95%. The ex-dividend date is Friday, August 12th.