ATLANTA, June 8, 2023
/PRNewswire/ -- Invesco Advisers, Inc., a subsidiary of Invesco
Ltd. (NYSE: IVZ), announced today portfolio management changes for
the following Invesco closed-end municipal funds (the "Funds"):
Invesco Advantage Municipal Income Trust II
(NYSE American: VKI)
Invesco California Value Municipal
Income Trust (NYSE: VCV)
Invesco Municipal Income
Opportunities Trust (NYSE: OIA)
Invesco Municipal
Opportunity Trust (NYSE: VMO)
Invesco Municipal Trust
(NYSE: VKQ)
Invesco Pennsylvania Value Municipal Income
Trust (NYSE: VPV)
Invesco Quality Municipal Income Trust
(NYSE: IQI)
Invesco Trust for Investment Grade Municipals
(NYSE: VGM)
Invesco Trust for Investment Grade New York
Municipals (NYSE: VTN)
Invesco Value Municipal Income
Trust (NYSE: IIM)
Effective June 30, 2023, the
following individuals are jointly and primarily responsible for the
day-to-day management of Invesco Advantage Municipal Income Trust
II, Invesco Municipal Opportunity Trust, Invesco Municipal Trust,
Invesco Quality Municipal Income Trust, Invesco Trust for
Investment Grade Municipals and Invesco Value Municipal Income
Trust's portfolio:
- Mark Paris, Portfolio Manager,
who has been associated with Invesco and/or its affiliates since
2010.
- John "Jack" Connelly, Portfolio Manager, who has been
associated with Invesco and/or its affiliates since 2016.
- Joshua Cooney, Portfolio
Manager, who has been associated with Invesco and/or its affiliates
since 1999.
- Tim O'Reilly, Portfolio Manager,
who has been associated with Invesco and/or its affiliates since
2010.
- John Schorle, Portfolio Manager,
who has been associated with Invesco and/or its affiliates since
2010.
- Rebecca Setcavage, Portfolio
Manager, who has been associated with Invesco and/or its affiliates
since 2019. Ms. Setcavage was associated with OppenheimerFunds, a
global asset management firm from 2017 to 2019.
- Julius Williams, Portfolio
Manager, who has been associated with Invesco and/or its affiliates
since 2010.
Effective June 30, 2023, the
following individuals are jointly and primarily responsible for the
day-to-day management of Invesco California Value Municipal Income
Trust and Invesco Trust for Investment Grade New York Municipals'
portfolio:
- Mark Paris, Portfolio Manager,
who has been associated with Invesco and/or its affiliates since
2010.
- Michael Camarella, Portfolio
Manager, who has been associated with Invesco and/or its affiliates
since 2019. From 2003 to 2019, Mr. Camarella was associated with
OppenheimerFunds, a global asset management firm.
- John "Jack" Connelly, Portfolio Manager, who has been
associated with Invesco and/or its affiliates since 2016.
- Scott Cottier, Portfolio
Manager, who has been associated with Invesco and/or its affiliates
since 2019. From 2002 to 2019, Mr. Cottier was associated with
OppenheimerFunds, a global asset management firm.
- Mark DeMitry, Portfolio Manager,
who has been associated with Invesco and/or its affiliates since
2019. From 2001 to 2019, Mr. DeMitry was associated with
OppenheimerFunds, a global asset management firm.
- Tim O'Reilly, Portfolio Manager,
who has been associated with Invesco and/or its affiliates since
2010.
- John Schorle, Portfolio Manager,
who has been associated with Invesco and/or its affiliates since
2010.
- Julius Williams, Portfolio
Manager, who has been associated with Invesco and/or its affiliates
since 2010.
Effective June 30, 2023, the
following individuals are jointly and primarily responsible for the
day-to-day management of Invesco Municipal Income Opportunities
Trust's portfolio:
- Mark Paris, Portfolio Manager,
who has been associated with Invesco and/or its affiliates since
2010.
- John "Jack" Connelly, Portfolio Manager, who has been
associated with Invesco and/or its affiliates since 2016.
- Tim O'Reilly, Portfolio Manager,
who has been associated with Invesco and/or its affiliates since
2010.
- John Schorle, Portfolio Manager,
who has been associated with Invesco and/or its affiliates since
2010.
- Julius Williams, Portfolio
Manager, who has been associated with Invesco and/or its affiliates
since 2010.
Effective June 30, 2023, the
following individuals are jointly and primarily responsible for the
day-to-day management of Invesco Pennsylvania Value Municipal
Income Trust's portfolio:
- Mark Paris, Portfolio Manager,
who has been associated with Invesco and/or its affiliates since
2010.
- John "Jack" Connelly, Portfolio Manager, who has been
associated with Invesco and/or its affiliates since 2016.
- Joshua Cooney, Portfolio
Manager, who has been associated with Invesco and/or its affiliates
since 1999.
- Elizabeth Mossow, Portfolio
Manager, who has been associated with Invesco and/or its affiliates
since 2019. From 2007 to 2019, Ms. Mossow was associated with
OppenheimerFunds, a global asset management firm.
- Tim O'Reilly, Portfolio Manager,
who has been associated with Invesco and/or its affiliates since
2010.
- John Schorle, Portfolio Manager,
who has been associated with Invesco and/or its affiliates since
2010.
- Julius Williams, Portfolio
Manager, who has been associated with Invesco and/or its affiliates
since 2010.
The year in which each Portfolio Manager became jointly and
primarily responsible for the day-to-day management of their
Fund(s) is set forth below:
|
VKI
|
VCV
|
OIA
|
VMO
|
VKQ
|
VPV
|
IQI
|
VGM
|
VTN
|
IIM
|
Mark Paris
|
2015
|
2015
|
2009
|
2015
|
2015
|
2015
|
2015
|
2015
|
2015
|
2015
|
Michael
Camarella
|
N/A
|
2021
|
N/A
|
N/A
|
N/A
|
N/A
|
N/A
|
N/A
|
2021
|
N/A
|
John "Jack"
Connelly
|
2016
|
2016
|
2016
|
2016
|
2016
|
2016
|
2016
|
2016
|
2016
|
2016
|
Joshua
Cooney
|
2021
|
N/A
|
N/A
|
2021
|
2021
|
2021
|
2021
|
2021
|
N/A
|
2021
|
Scott
Cottier
|
N/A
|
2021
|
N/A
|
N/A
|
N/A
|
N/A
|
N/A
|
N/A
|
2021
|
N/A
|
Mark DeMitry
|
N/A
|
2021
|
N/A
|
N/A
|
N/A
|
N/A
|
N/A
|
N/A
|
2021
|
N/A
|
Elizabeth
Mossow
|
N/A
|
N/A
|
N/A
|
N/A
|
N/A
|
2021
|
N/A
|
N/A
|
N/A
|
N/A
|
Tim O'Reilly
|
2016
|
2016
|
2016
|
2016
|
2016
|
2016
|
2016
|
2016
|
2016
|
2016
|
John Schorle
|
2018
|
2018
|
2018
|
2018
|
2018
|
2018
|
2018
|
2018
|
2018
|
2018
|
Rebecca
Setcavage
|
2021
|
N/A
|
N/A
|
2021
|
2021
|
N/A
|
2021
|
2021
|
N/A
|
2021
|
Julius
Williams
|
2015
|
2011
|
2015
|
2015
|
2015
|
2009
|
2015
|
2015
|
2009
|
2015
|
For more information, call 1-800-341-2929.
This communication is not intended to, and shall not,
constitute an offer to purchase or sell shares of any of the
Invesco Funds, including the Funds.
About Invesco Ltd.
Invesco Ltd. is a global
independent investment management firm dedicated to delivering an
investment experience that helps people get more out of life. Our
distinctive investment teams deliver a comprehensive range of
active, passive and alternative investment capabilities. With
offices in more than 20 countries, Invesco managed $1.4 trillion in assets on behalf of clients
worldwide as of March 31, 2023. For
more information, visit www.invesco.com.
Invesco Distributors, Inc. is the U.S. distributor for Invesco
Ltd.'s retail products. Invesco Advisers, Inc. is an investment
adviser; it provides investment advisory services to individual and
institutional clients and does not sell securities. 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.
NOT A DEPOSIT l NOT FDIC INSURED l NOT
GUARANTEED BY THE BANK | MAY LOSE VALUE |
NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
Contact: Jeaneen Terrio Jeaneen.Terrio@invesco.com
212-278-9205
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