Karpus Management Discloses Stake in Invesco Muni Income Trust

TL;DR

**Karpus Management just revealed a big stake in Invesco Quality Municipal Income Trust, signaling institutional confidence.**

AI Summary

Karpus Management, Inc. has filed an SC 13G on February 13, 2024, disclosing its ownership in Invesco Quality Municipal Income Trust (IIM). As of December 31, 2023, Karpus Management holds a significant stake, indicating a notable investment in the municipal bond fund. This matters to shareholders because a large institutional investor like Karpus Management taking a position can signal confidence in the fund's strategy and future performance, potentially influencing other investors.

Why It Matters

This filing shows a major institutional investor, Karpus Management, has taken a significant position in Invesco Quality Municipal Income Trust, which can be seen as a vote of confidence in the fund's management and investment strategy.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of ownership by an institutional investor and does not inherently present a high risk to the company or its shareholders.

Analyst Insight

An investor might view Karpus Management's stake as a positive signal for Invesco Quality Municipal Income Trust, but should still conduct their own due diligence on the fund's performance and investment objectives before making any decisions.

Key Players & Entities

• Karpus Management, Inc. (company) — the reporting person disclosing ownership
• Invesco Quality Municipal Income Trust (company) — the subject company in which shares are owned
• December 31, 2023 (date) — the date of the event requiring the filing
• February 13, 2024 (date) — the filing date of the SC 13G

FAQ

Filing Documents

• karpus-sch13g_18788.htm (SC 13G) — 74KB
• 0001072613-24-000211.txt ( ) — 75KB

(a)

Item 1(a). Name of Issuer: Invesco Quality Municipal Income Trust

(b)

Item 1(b). Address of Issuer's Principal Executive Offices: Van Kampen Funds, 1 Parkview Plaza P.O. Box 5555, Oakbrook Terrace, IL 60181

(a)

Item 2(a). Name of Person Filing: This Person”). Karpus is a registered investment adviser under Section 203 of the Investment Advisers Act of 1940. Karpus is controlled by City of London Investment Group plc (“CLIG”), which is listed on the London Stock Exchange. However, in accordance with SEC Release No. 34-39538 (January 12, 1998), effective informational barriers have been established between Karpus and CLIG such that voting and investment power over the subject securities is exercised by Karpus independently of CLIG, and, accordingly, attribution of beneficial ownership is not required between Karpus and CLIG. The Shares to which this Schedule 13G relates are owned directly by the accounts managed by Karpus.

(b)

Item 2(b). Address of Principal Business Office or, if none, Residence: 183 Sully's Trail, Pittsford, New York 14534.

(c)

Item 2(c). Citizenship: The members of the Karpus Management Committee are US citizens. Karpus is a New York corporation.

(d)

Item 2(d). Title of Class of Securities. Common

(e)

Item 2(e). CUSIP Number. 46133G107 Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(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. 80a-8); (e) An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) A savings association 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. 80a-3); (j) A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J); (k) Group, in accordance with 240.13d-1(b)(1)(ii)(K). CUSIP No. 46133G107 13G Page 4 of 5 Pages Item 4. 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: 2,741,787 (b) Percent of Class: 5.18% (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote: 2,741,787 (ii) Shared power to vote or direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 2,741,787 (iv) Shared power to dispose or to direct the disposition of: 0 Item 5. of Five 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 five percent of the class of

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: February 13, 2024 KARPUS MANAGEMENT, INC. By: /s/ Jodi L. Hedberg Name: Jodi L. Hedberg Title: Chief Compliance Officer

View Full Filing

View this SC 13G filing on SEC EDGAR