Invesco Municipal Trust Declares Monthly Dividend, Payable on July 31, 2020
July 01, 2020 at 12:15 pm
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Invesco Municipal Trust announced monthly dividend of $0.0489 per share, payable on July 31, 2020 with record date as July 15, 2020 and ex-date as July 14, 2020.
Invesco Municipal Trust (the Trust) is a closed end management investment company. The Trustâs investment objective is to provide common shareholders with a high level of current income exempt from federal income tax, consistent with preservation of capital. Under normal market conditions, at least 80% of the Trustâs total assets will be invested in municipal securities. The Trust seeks to achieve its investment objective by investing at least 80% of the Trustâs total assets in investment grade municipal securities. The Trust may invest up to 20% of its total assets in municipal securities rated below investment grade or that are unrated but determined by the adviser to be of comparable quality at the time of purchase. The Trust may invest all or a substantial portion of its total assets in municipal securities that may subject certain investors to the federal alternative minimum tax. The Trust's investment adviser is Invesco Advisers, Inc.