Invesco Trust for Investment Grade New York Municipals

Invesco Trust for Investment Grade New York Municipals is a closed-end mutual fund focused on delivering a high level of current income that is exempt from both federal and New York State personal income taxes. The fund achieves this by investing primarily in high-quality municipal bonds issued within New York, targeting investment-grade securities to help manage credit risk. With a diversified portfolio and professional management, the trust holds over 160 securities, emphasizing issuers in sectors such as dedicated tax, tobacco settlement, higher education, and transportation. Leveraging the closed-end fund structure, Invesco can take advantage of pricing inefficiencies in the municipal bond market, offering investors potentially stable, tax-advantaged income. The fund employs moderate leverage to enhance yield potential and is managed by a team with significant experience in municipal credit analysis. Since its inception in 1992, it has served as a specialized vehicle for those seeking tax-efficient income coupled with exposure to New York’s municipal debt market, making it a prominent choice for income-oriented investors in high-tax jurisdictions.