Invesco Pennsylvania Value Municipal Income Trust (VPV)

• Market cap: $183M
• 1 day: -0.10%
• 5 days: -6.05%
• 1 month: -7.07%
• 3 months: -8.73%
• 6 months: -6.22%
• Year to date: 2.50%
• 1 year: 2.71%
• 5 years: -22.17%
• 10 years: -25.07%

About: Invesco Pennsylvania Value Municipal Income Trust is a diversified, closed-end management investment company. The investment objective is to provide common shareholders with a high level of current income exempt from federal and Pennsylvania income taxes and, where possible under local law, local income and personal property taxes, consistent with preservation of capital.

Fund manager confidence

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

17% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 6

2% more funds holding

Funds holding: 41 [Q2] → 42 (+1) [Q3]

1% less capital invested

Capital invested by funds: $82M [Q2] → $81.3M (-$689K) [Q3]

8% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 12

1.46% less ownership

Funds ownership: 31.7% [Q2] → 30.24% (-1.46%) [Q3]