IIM: Municipal Bonds Get Some Relief And Propel This Fund Higher
Source: SeekingAlpha
2025-10-06 11:23:48 ET
Written by Nick Ackerman, co-produced by Stanford Chemist
When the Fed starts cutting its target rate, most leveraged closed-end funds can see the benefit of a reduction in their borrowing costs. This is because CEFs often utilize borrowings on some sort of floating rate-based debt. In particular, that can start to make municipal-focused funds more attractive, given their underlying investments are generally relatively lower-yielding....
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IIM: Municipal Bonds Get Some Relief And Propel This Fund Higher
Invesco Value Municipal Income Trust
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