AIM Investments(R) Announces Limited Offering of AIM High Income Municipal Fund
July 11 2005 - 2:59PM
Business Wire
AIM Investments announced today that AIM High Income Municipal Fund
will be offered on a limited basis to certain investors, effective
at the close of business on August 5, 2005. The fund will still be
available for investment to existing shareholders. Other investors
may also open new accounts upon approval of A I M Distributors,
Inc., the fund's distributor. A complete list of eligible investors
is available in the fund's prospectus. Investing in
higher-yielding, lower-rated corporate bonds, commonly known as
"junk bonds," has a greater risk of price fluctuation and loss of
principal and income than higher-rated general obligation municipal
bonds and U.S. government securities, such as U.S. Treasury bills,
notes and bonds. Treasuries are guaranteed by the government for
repayment of principal and interest if held to maturity. Fund
shares are not insured, and their value and yield will vary with
market conditions. Investors should carefully assess the risk
associated with an investment in the fund. Because the fund may
invest a relatively high percentage of its total assets in
municipal securities issued by entities having similar
characteristics, the value of your shares may rise and fall more
than the shares of a fund that invests in a broader range of
securities. Income may be subject to state and local taxes, as well
as the alternative minimum tax. This information does not
constitute tax advice. Please consult your tax advisor about your
particular situation. About AIM Investments Houston-based AIM
Investments represents one of the nation's leading investment
management companies. It is dedicated to building solutions for its
clients with exceptional products and services through multiple
investment management styles and a broad range of investment
portfolios -- mutual funds, retirement products, separately managed
accounts for high-net-worth and institutional investors, annuities,
cash management, college savings plans and offshore products.
Founded in 1976, AIM Investments had $131 billion in assets under
management as of March 31, 2005. For more information, visit
www.aiminvestments.com. AIM Investments is a service mark of A I M
Management Group Inc. A I M Advisors, Inc., A I M Capital
Management, Inc., and AIM Private Asset Management, Inc. are the
investment advisors for the products and services represented by
AIM Investments. A I M Distributors, Inc. is the distributor for
the retail mutual funds and Fund Management Company is the
distributor for the institutional money market funds represented by
AIM Investments. About AMVESCAP A I M Management Group Inc. is a
subsidiary of AMVESCAP PLC, a leading independent global investment
manager, dedicated to helping people worldwide build their
financial security. Operating under the AIM, INVESCO and Atlantic
Trust brands, AMVESCAP strives to deliver outstanding products and
services through a comprehensive array of retail and institutional
products for clients around the world. The Company, which had
approximately $375 billion in assets under management as of March
31, 2005, is listed on the London, New York and Toronto stock
exchanges with the symbol "AVZ." Additional information is
available at www.amvescap.com. Note to editors -- We are required
to include the following information with our news release:
Consider the investment objectives, risks, and charges and expenses
carefully before investing. For this and other important
information about any AIM fund, please obtain a prospectus from
your financial advisor and read it carefully before investing. A I
M Distributors, Inc., Distributor.
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