IIM: Discount Remains Narrow On This Muni CEF
Source: SeekingAlpha
2026-01-27 15:56:52 ET
Written by Nick Ackerman, co-produced by Stanford Chemist
The Invesco Value Municipal Income Trust ( IIM ) provides investors with exposure to a diversified pool of municipal bonds in a closed-end fund wrapper. This provides for an opportunity to receive some tax-exempt distributions without taking the risk of holding individual muni positions. However, as we've noted in our prior write-ups on this fund, a large portion of the distribution is classified as return of capital instead of purely tax-exempt distributions....
Read the full article on Seeking Alpha
For further details see:
IIM: Discount Remains Narrow On This Muni CEF
Nuveen AMT-Free Municipal Value Fund
NASDAQ: NUW
NUW Trading
-0.56% G/L:
$14.325 Last:
10,993 Volume:
$14.38 Open:
