ATLANTA, June 1, 2017 /PRNewswire/ -- Invesco
Advisers, Inc. announced today the successful private placement of
Variable Rate Muni Term Preferred Shares (VMTPs) pursuant to
offerings exempt from registration under the Securities Act of 1933
(the Securities Act) by each of the following closed-end funds:
- Invesco Value Municipal Income Trust (NYSE: IIM) issued an
additional $40,000,000 of VMTPs,
bringing the fund's current amount of VMTPs outstanding to
$233,100,000.
- Invesco Pennsylvania Value Municipal Income Trust (NYSE: VPV)
issued an additional $7,500,000 of
VMTPs, bringing the fund's current amount of VMTPs outstanding to
$137,600,000.
- Invesco California Value Municipal Income Trust (NYSE: VCV)
issued an additional $20,000,000 of
VMTPs, bringing the fund's current amount of VMTPs outstanding to
$208,300,000.
- Invesco Quality Municipal Income Trust (NYSE: IQI) issued an
additional $20,000,000 of VMTPs,
bringing the fund's current amount of VMTPs outstanding to
$233,900,000.
Investing involves risk and it is possible to lose money on any
investment in the funds. This information does not constitute an
offer for sale of any securities. No VMTPs have been registered
under the Securities Act or any state securities laws. Unless so
registered, no VMTPs may be offered or sold in the United States except pursuant to an
exemption from the registration requirements of the Securities Act
and applicable state securities laws.
About Invesco Ltd.
Invesco Ltd. is a leading
independent global investment management firm, dedicated to helping
investors worldwide achieve their financial objectives. By
delivering the combined power of our distinctive investment
management capabilities, Invesco provides a wide range of
investment strategies and vehicles to our clients around the world.
Operating in more than 20 countries, the firm is listed on the New
York Stock Exchange under the symbol IVZ. Additional information is
available at www.invesco.com.
Invesco Advisers, Inc. is an investment adviser; it provides
investment advisory services to individual and institutional
clients and does not sell securities. Invesco Distributors, Inc, is
the US distributor for Invesco Ltd. Each entity is a wholly owned,
indirect subsidiary of Invesco Ltd.
Note: There is no assurance that a closed-end fund will
achieve its investment objective. Common shares are bought on the
secondary market and may trade at a discount or premium to NAV.
Regular brokerage commissions apply.
—Invesco—
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SOURCE Invesco Ltd.