SC 13G/A: Invesco Value Municipal Income Trust

AI Summary

SC 13G/A filing by Invesco Value Municipal Income Trust.

Risk Assessment

Risk Level: low

FAQ

Filing Documents

• d768318dsc13ga.htm (SC 13G/A) — 33KB
• 0001193125-24-154128.txt ( ) — 36KB

(a) Name of issuer

Item 1(a) Name of issuer: Invesco Value Municipal Income Trust

(b)

Item 1(b) Address of issuers principal executive offices: 1555 Peachtree Street Atlanta, GA 30309 2(a) Name of person filing: JPMorgan Chase Bank, National Association (JPM) 2(b) Address or principal business office or, if none, residence: 1111 Polaris Parkway Columbus, OH 43240 2(c) Citizenship: United States of America 2(d) Title of class of securities: Variable Rate Muni Term Preferred Shares, Series 2015/6-IIM (VMTP Shares) 2(e) CUSIP No.: 46132P 702

If this statement is filed pursuant to 240.13d1(b) or 240.13d2(b) or (c), check whether the person filing is a

Item 3. If this statement is filed pursuant to 240.13d1(b) or 240.13d2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a8); (e) An investment adviser in accordance with 240.13d1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with 240.13d1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with 240.13d1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a3); (j) A non-U.S. institution in accordance with 240.13d1(b)(1)(ii)(J); (k) Group, in accordance with 240.13d1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d1(b)(1)(ii)(J), please specify the type of institution: ____

Ownership

Item 4. Ownership Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 1,981 (b) Percent of class: 100.00% 1 (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 1,981* (iii) Sole power to dispose or to direct the disposition of: 1,981 (iv) Shared power to dispose or to direct the disposition of: 0 * On May 9, 2012 JPM assigned certain preferred class voting rights on the VMTP to a voting trust (the Voting Trust) created pursuant to the Voting Trust Agreement, dated May 9, 2012 among JPM, Lord Securities Corporation, as trustee (the Voting Trustee) and Institutional Shareholder Services Inc. (the Voting Consultant), as amended. Voting and consent rights on the VMTP not assigned to the Voting Trust have been retained by JPM. The Voting Trust provides that with respect to voting or consent matters relating to the voting rights assigned to the Voting Trust, the Voting Consultant analyzes such voting or consent matters and makes a recommendation to the Voting Trustee on voting or consenting. The Voting Trustee is obligated to follow any such recommendations of the Voting Consultant when providing a vote or consent.

Ownership of 5 Percent or Less of a Class

Item 5. Ownership of 5 Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following.

Ownership of More than 5 Percent on Behalf of Another

Item 6. Ownership of More than 5 Percent on Behalf of Another Person. On August 15, 2019 JPM deposited 100% of the VMTP into a tender option bond trust (a TOB) named J.P. Morgan Taxable Putters/Taxable Drivers, Series 5027 Trust. The TOB has title to 100% of the VMTP but does not have the power to dispose or direct the disposition of the VMTP. No voting rights on the VMTP have been transferred to the TOB and voting rights on the VMTP are retained by JPM and the Voting Trust as described in Item 4. 1 Represents percentage ownership of VMTP Shares as a percentage of all preferred shares outstanding and is calculated based on information supplied by the Issuer.

Identification and Classification of the Subsidiary Which Acquired the Security Being

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. Not Applicable

Identification and Classification of Members of the Group

Item 8. Identification and Classification of Members of the Group Not Applicable

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group. Not Applicable

Certifications

Item 10. Certifications By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. June 4, 2024 JPMORGAN CHASE BANK, NATIONAL ASSOCIATION By: /s/ Sean Saroya Name: Sean Saroya Title: Authorized Signatory

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