ATLANTA, March 12, 2021 /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 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)
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 Trust for Investment Grade Municipals, Invesco
Quality Municipal Income Trust 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 Connelly, Portfolio
Manager, who has been associated with Invesco and/or its affiliates
since 2016. From 1994 to 2015, he was employed by Raymond James & Associates, where he served
as Senior Vice President of Municipal High Yield Trading from 2012
to 2015.
- 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.
- James Phillips, 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, since 2017. From 2004 to 2017, she
was employed by T. Rowe Price where
she last served as a Portfolio Investment Analyst.
- Julius Williams, Portfolio
Manager, who has been associated with Invesco and/or its affiliates
since 2010.
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 Connelly, Portfolio
Manager, who has been associated with Invesco and/or its affiliates
since 2016. From 1994 to 2015, he was employed by Raymond James & Associates, where he served
as Senior Vice President of Municipal High Yield Trading from 2012
to 2015.
- 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.
- James Phillips, 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 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 Connelly, Portfolio
Manager, who has been associated with Invesco and/or its affiliates
since 2016. From 1994 to 2015, he was employed by Raymond James & Associates, where he served
as Senior Vice President of Municipal High Yield Trading from 2012
to 2015.
- 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.
- James Phillips, 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.
Manager Inception Dates:
|
VKI
|
VCV
|
VMO
|
VKQ
|
VPV
|
IQI
|
VGM
|
VTN
|
IIM
|
Mark Paris
|
2015
|
2015
|
2015
|
2015
|
2015
|
2015
|
2015
|
2015
|
2015
|
Michael
Camarella
|
N/A
|
2021
|
N/A
|
N/A
|
N/A
|
N/A
|
N/A
|
2021
|
N/A
|
Joshua
Cooney
|
2021
|
N/A
|
2021
|
2021
|
2021
|
2021
|
2021
|
N/A
|
2021
|
John
Connelly
|
2016
|
2016
|
2016
|
2016
|
2016
|
2016
|
2016
|
2016
|
2016
|
Scott
Cottier
|
N/A
|
2021
|
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
|
2021
|
N/A
|
Elizabeth
Mossow
|
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
|
James
Phillips
|
2015
|
2015
|
2015
|
2015
|
2015
|
2015
|
2015
|
2015
|
2015
|
John
Schorle
|
2018
|
2018
|
2018
|
2018
|
2018
|
2018
|
2018
|
2018
|
2018
|
Rebecca
Setcavage
|
2021
|
N/A
|
2021
|
2021
|
N/A
|
2021
|
2021
|
N/A
|
2021
|
Julius
Williams
|
2015
|
2011
|
2015
|
2015
|
2009
|
2015
|
2015
|
2009
|
2015
|
For more information, call 1-800-341-2929.
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 $1.3 trillion in assets on behalf of clients
worldwide as of January 31, 2021. 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
212-278-9205; Jeaneen.Terrio@invesco.com
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