Invesco California Value Municipal Income Trust
VCV
New York Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Colin D. Meadows
- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 1555 Peachtree Street, N.E. Atlanta GA United States of America 30309
- IPO Date
- Jun 10, 1993
- CIK
- 0000895531
- Website
- invesco.com
- Similar Companies
- Business
- Invesco California Value Municipal Income Trust (NYSE: VCV) is a closed-end fixed income fund that seeks to provide shareholders with a high level of current income exempt from federal and California income taxes by investing primarily in investment grade California municipal securities, including municipal bonds, municipal notes, municipal commercial paper, and lease obligations. The Trust employs a fundamental analysis approach with bottom-up security selection to build its portfolio, which as of the latest reporting comprises approximately 350 securities with total assets of $681 million. It is managed by a team of senior portfolio managers including Mark Paris, John Schorle, Julius Williams, Jack Connelly, Tim O'Reilly, Josh Cooney, and Elizabeth Mossow. Launched on April 30, 1993 by Invesco Ltd. and formerly known as Invesco Van Kampen California Value Municipal Income Trust, the Trust is domiciled and headquartered in Atlanta, Georgia, at 1331 Spring Street NW, Suite 2500. Its investment activities are focused exclusively on the fixed income markets of the United States, specifically targeting California-issued municipal obligations to serve investors seeking tax-exempt income. The Trust trades on the New York Stock Exchange and maintains a portfolio emphasizing credit quality, with ratings assessed by agencies such as S&P, Moody's, and Fitch. In recent developments, the Trust announced monthly dividends payable through December 31, 2025, reflecting ongoing commitment to income distribution amid stable portfolio management. Portfolio management changes were implemented effective June 30, 2023, aligning with broader Invesco closed-end fund strategies. Executive appointments for the Trust and related funds, including Invesco Trust for Investment Grade New York Municipals, were announced in April 2024, alongside trustee changes for Invesco closed-end funds in January 2024.