Invesco California Value Municipal Stock News

For the first month in four, both equity (+6.05% on a NAV basis) and fixed income (+5.81%) CEFs on average posted handsome plus-side returns. At month end, 9% of all CEFs traded at a premium to their

I continue to see muni bonds as a preferred way to re-enter the fixed-income market, which has done much better in 2023. The fund's discount to NAV remains in double-digit territory. This offers inher

The municipal bond sector has been under tremendous pressure in 2022. This has hurt leveraged CEFs especially hard. California munis are no exception to this trend, and VCV is down over 30%. However,