Invesco California Value Municipal Income Trust (VCV)

• Market cap: $503M
• 1 day: -1.04%
• 5 days: -1.50%
• 1 month: 2.54%
• 3 months: -4.02%
• 6 months: 2.64%
• Year to date: 7.03%
• 1 year: 7.36%
• 5 years: -17.13%
• 10 years: -17.84%

About: Invesco California Value Municipal Income Trust is engaged in the field of financial services. Its objective is to seek to provide common shareholders with a high level of current income exempt from federal and California income taxes, consistent with preservation of capital.

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

14% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 14

6.88% less ownership

Funds ownership: 23.79% [Q2] → 16.91% (-6.88%) [Q3]

9% less funds holding

Funds holding: 58 [Q2] → 53 (-5) [Q3]

26% less capital invested

Capital invested by funds: $119M [Q2] → $88M (-$30.7M) [Q3]

50% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 10