By Andrea Heisinger
New York, May 17 - Invesco Van Kampen Massachusetts Value Municipal Income Trust priced $14.9 million of variable-rate muni term preferred shares, according to a news release from Invesco Advisors, Inc.
The fund is using proceeds to redeem all of its outstanding auction-rate preferred shares at par plus accrued dividends.
Invesco Advisers provides investment advisory services. It is a subsidiary of Invesco Ltd., an investment management firm based in Atlanta.
| Issuer: | Invesco Van Kampen Massachusetts Value Municipal Income Trust
|
| Issue: | Variable-rate muni term preferred shares
|
| Amount: | $14.9 million
|
| Announcement date: | May 17
|
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