Shareholder OK sought in Invesco Municipal Bond Fund reorganization

By Toni Weeks

San Diego, Dec. 7 - The board of trustees of the Invesco Municipal Bond Fund, a series of AIM Investment Securities Funds, unanimously approved an agreement and plan of reorganization for the fund, according to a 497K filing with the Securities and Exchange Commission.

Shareholder approval will be sought at a meeting in April to transfer all of the fund's assets and liabilities of the Invesco Municipal Income Fund, a series of AIM Tax-Exempt Funds. If successful, the reorganization will occur shortly thereafter, the filing noted.

Atlanta-based Invesco Advisers, Inc. is the investment adviser to both funds.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.