IIM - Invesco Value Municipal Income Trust
A closed-end fund run by Invesco. Invests in tax-free municipal bonds. Listed on the New York Stock Exchange.
Is anyone targeting this fund?
No - nobody has reported owning 5% or more of this fund.
Is the fund doing anything you need to act on?
Nothing right now.
What this means for you
No investor has reported owning 5% or more of this fund. That is the normal state for most closed-end funds.
Nothing is required of you. If that changes, the notice appears here within a day of being filed with the regulator.
What happened, and when
-
July 31, 2025
The fund said it will repay some borrowed money on Sept 4, 2025.
Original document →
About this fund
- Run by Invesco Advisers, Inc. As of Feb 28, 2026, from the fund's yearly report. Original document →
- Size: about $581 million of holdings, as of May 31, 2026. As of May 31, 2026, from the fund's quarterly holdings report. Original document →
- Borrowing: the fund borrows about 34% on top of its own money, as of May 31, 2026. Borrowed money makes gains and losses bigger. About 56% of that is money the fund has borrowed by selling preferred shares. As of May 31, 2026, from the fund's quarterly holdings report. Original document →
- Costs: 0.8% a year in management fees; 2.9% a year in total, including interest on borrowed money. Fiscal year ended Feb 28, 2026. As of Feb 28, 2026, from the fund's yearly report. Original document →
- Payouts: last fiscal year the fund told the regulator that part of what it paid out was not income (it came from gains or from your own money back). As of Feb 28, 2026, from the fund's yearly report. Original document →
- Value of holdings per share at the last fiscal year end (Feb 28, 2026): $12.65. The shares traded at $13.14, about 3.9% above that. As of Feb 28, 2026, from the fund's yearly report. Original document →
- How the holdings did: down 0.6% over the last three months we have (March-May 2026), before the share price is taken into account. Over the last 12 months: +8.6%. As of May 31, 2026, from the fund's quarterly holdings report. Original document →
- First reported to the regulator in 1994.
+10%-1%
June 2024May 2026
What the fund holds
Almost all tax-free municipal bonds (100%). About 100% issued in the U.S.
- North Texas Tollway Authority, Series 2008 D, Ref. RB - 2.7%
- New Jersey (State of) Transportation Trust Fund Authority, Series 2006 C, RB - 2.4%
- City of Palm Coast FL Utility Revenue, Series 2026, RB - 1.9%
- William S. Hart Union High School District (Election of 2008), Series 2009 A, GO Bonds - 1.6%
- Washington Metropolitan Area Transit Authority (Green Bonds), Series 2023 A, RB - 1.3%
- Poway Unified School District (Election of 2008 - School Facilities Improvement District No. 2007-1), Series 2009 A, GO Bonds - 2.5%
- California (State of) Infrastructure & Economic Development Bank (Bay Area Toll Bridges), Series 2003 A, RB - 1.2%
- California (State of) Enterprise Development Authority (Riverside County-Mead Valley Wellness Village), Series 2024, RB - 1.2%
- Buckeye Tobacco Settlement Financing Authority, Series 2020 B-2, Ref. RB - 1.1%
- Texas (State of) Transportation Commission (Central Texas Turnpike System), Series 2002 A, RB - 1.1%
Show all 24
- New York Liberty Development Corp. (3 World Trade Center), Series 2014-1, Ref. RB - 1%
- Clark (County of), NV Water Reclamation District, Series 2023, GO Bonds - 0.9%
- Triborough Bridge & Tunnel Authority (MTA Bridges & Tunnels), Series 2022, RB - 0.9%
- Massachusetts (Commonwealth of) (Rail Enhancement Program) (Green Bonds), Series 2023, RB - 0.9%
- Colorado Springs (City of), CO, Series 2023 A, RB - 0.9%
- Seattle (City of), WA, Series 2022, Ref. RB - 0.9%
- Regents of the University of California Medical Center, Series 2022 P, RB - 0.9%
- Michigan (State of), Series 2023, RB - 0.8%
- Houston (City of), TX Convention & Entertainment Facilities Department, Series 2001 B, RB - 0.8%
- Kansas City (City of), MO Industrial Development Authority (Kansas City International Airport), Series 2019 B, RB - 0.8%
- New York (State of) Dormitory Authority, Series 2020 A, Ref. RB - 0.8%
- Washington (State of), Series 2004 F, GO Bonds - 0.8%
- California (State of) Health Facilities Financing Authority (Cedars-Sinai Health System), Series 2021 A, Ref. RB - 0.8%
- Beverly Hills Unified School District (Election of 2008), Series 2009, GO Bonds - 0.8%
As of May 31, 2026, from the fund's quarterly holdings report. Original document →
Details: all notices, events and fund facts
No notices from large investors on file.
| Date | What | Deadline | Document |
|---|---|---|---|
| July 31, 2025 | Repaying borrowed money | Sept 4, 2025 | Original document → |
- Run by
- Invesco Advisers, Inc.
- Fund family
- INVESCOFDS
- Exchange
- New York Stock Exchange
- Regulator's file number
- 811-06590
- Auditor
- PricewaterhouseCoopers LLP
- Fiscal year end
- Feb 28, 2026
- Number of holdings
- 498
- Preferred share classes
- 1
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