Invesco Municipal Trusts File Annual Governance Report

TL;DR

Invesco's municipal trusts filed their DEF 14A, detailing governance and exec pay. Check it for fund oversight info.

AI Summary

Invesco Trust for Investment Grade Municipals (DEF 14A) filed its annual report on July 2, 2024, for the fiscal year ending August 29, 2024. The filing details the company's governance and executive compensation, including information on its Board of Directors and their remuneration. It also provides updates on Invesco's municipal income trusts, such as Invesco Advantage Municipal Income Trust II and Invesco Municipal Income Opportunities Trust.

Why It Matters

This filing provides shareholders with crucial information regarding the management and oversight of their investments in Invesco's municipal bond funds, impacting their understanding of fund operations and executive compensation.

Risk Assessment

Risk Level: low — This is a routine annual filing (DEF 14A) detailing governance and executive compensation, not indicating new financial risks.

Key Numbers

• DEF 14A — Filing Type (Indicates a proxy statement filing, typically for annual meetings and executive compensation disclosures.)

Key Players & Entities

• Invesco Trust for Investment Grade Municipals (company) — Filer of the DEF 14A
• Invesco Advantage Municipal Income Trust II (company) — Related Invesco Trust
• Invesco Municipal Income Opportunities Trust (company) — Related Invesco Trust
• 20240829 (date) — Fiscal year end
• 20240702 (date) — Filing date

FAQ

Filing Documents

• d816902ddef14a.htm (DEF 14A) — 946KB
• g816902g01a01.jpg (GRAPHIC) — 23KB
• g816902g02g01.jpg (GRAPHIC) — 245KB
• g816902g02g02.jpg (GRAPHIC) — 256KB
• g816902g02g03.jpg (GRAPHIC) — 309KB
• 0001193125-24-174399.txt ( ) — 2105KB

From the Filing

DEF 14A 1 d816902ddef14a.htm DEF 14A DEF 14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to 240.14a-11(c) or 240.14a-12 INVESCO ADVANTAGE MUNICIPAL INCOME TRUST II INVESCO BOND FUND INVESCO CALIFORNIA VALUE MUNICIPAL INCOME TRUST INVESCO HIGH INCOME 2024 TARGET TERM FUND INVESCO HIGH INCOME TRUST II INVESCO MUNICIPAL INCOME OPPORTUNITIES TRUST INVESCO MUNICIPAL OPPORTUNITY TRUST INVESCO MUNICIPAL TRUST INVESCO PENNSYLVANIA VALUE MUNICIPAL INCOME TRUST INVESCO QUALITY MUNICIPAL INCOME TRUST INVESCO SENIOR INCOME TRUST INVESCO TRUST FOR INVESTMENT GRADE MUNICIPALS INVESCO TRUST FOR INVESTMENT GRADE NEW YORK MUNICIPALS INVESCO VALUE MUNICIPAL INCOME TRUST (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. 1) Title of each class of securities to which transaction applies: 2) Aggregate number of securities to which transaction applies: 3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): 4) Proposed maximum aggregate value of transaction: 5) Total fee paid: Fee paid previously with preliminary materials. Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. 1) Amount Previously Paid: 2) Form, Schedule or Registration Statement No.: 3) Filing Party: 4) Date Filed: Invesco Advantage Municipal Income Trust II (VKI) Invesco Bond Fund (VBF) Invesco California Value Municipal Income Trust (VCV) Invesco High Income 2024 Target Term Fund (IHTA) Invesco High Income Trust II (VLT) Invesco Municipal Income Opportunities Trust (OIA) Invesco Municipal Opportunity Trust (VMO) Invesco Municipal Trust (VKQ) Invesco Pennsylvania Value Municipal Income Trust (VPV) Invesco Quality Municipal Income Trust (IQI) Invesco Senior Income Trust (VVR) Invesco Trust for Investment Grade Municipals (VGM) Invesco Trust for Investment Grade New York Municipals (VTN) Invesco Value Municipal Income Trust (IIM) 11 Greenway Plaza Houston, Texas 77046-1173 NOTICE OF JOINT ANNUAL MEETING AND JOINT SPECIAL MEETING OF SHAREHOLDERS To Be Held August 29, 2024 Notice is hereby given to the holders of common shares of beneficial interest (the Common Shares ) and, as applicable, the holders of preferred shares of beneficial interest (the Preferred Shares ) of each Invesco closed-end fund listed above (each a Fund and together the Funds ) that a separate Joint Annual Meeting and Joint Special Meeting of Shareholders of the Funds will be held at 11 Greenway Plaza, Houston, Texas 77046-1173, on August 29, 2024. The Joint Annual Meeting will be held at 1:00 p.m. Central Daylight Time (the First Meeting ). The Joint Special Meeting will be held at 1:30 p.m. Central Daylight Time (the Second Meeting ) (each a Meeting and collectively, the Meetings ). The First Meeting is to be held for the following purpose: 1. Proposal 1: To elect trustees in the following manner: Funds Trustee Nominees for Election Shareholders Entitled to Vote Proposal 1(a) VKI, VCV, VMO, VKQ, VPV, IQI, VVR, VGM, VTN and IIM Elizabeth Krentzman Robert C. Troccoli Carol Deckbar Douglas Sharp Common Shareholders and Preferred Shareholders, voting together Proposal 1(b) VBF, OIA, VLT and IHTA Elizabeth Krentzman Robert C. Troccoli Carol Deckbar Douglas Sharp Common Shareholders Each elected trustee will serve for a three-year term or until a successor shall have been duly elected and qualified. The Second Meeting is to be held for the following purposes: 1. Proposal 1: To approve amendments to the current fundamental investment restrictions required by the Investment Company Act of 1940, as amended (the 1940 Act ), for the Funds other than IHTA (the Amending Funds ) (includes eight sub-proposals) as follows: (a) To amend the fundamental investment restriction regarding diversification (with the exception of VPV); (b) To amend the fundamental investment restriction regarding borrowing; (c) To amend the fundamental investment restriction regarding issuing senior securitie

View Full Filing

View this DEF 14A filing on SEC EDGAR