Form 4: JPMorgan Chase Bank N.A. Disposes of Shares in Invesco Municipal Opportunity Trust

JPMorgan Chase Bank, N.A. reports the disposal of 552 variable rate muni term preferred shares in Invesco Municipal Opportunity Trust due to a redemption by the issuer.

Summary

• JPMorgan Chase Bank, N.A. disposed of 552 variable rate muni term preferred shares, Series 2015/6-VMO, in Invesco Municipal Opportunity Trust on May 31, 2024.
• The shares were disposed of due to a redemption by the issuer.
• The redemption price was $100,381.91257 per share, which includes a liquidation preference of $100,000.00 per share and accrued dividends of $381.91257 per share.
• Following the transaction, JPMorgan Chase Bank, N.A. indirectly owns 3,124 shares through a trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing reporting a transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing reflects a change in beneficial ownership of securities in a closed-end fund, Invesco Municipal Opportunity Trust. Such filings are common and provide transparency into the holdings and transactions of major shareholders.

Stakeholder Impact

• The redemption may slightly reduce the assets under management of the Invesco Municipal Opportunity Trust.
• Shareholders may be impacted by changes in the fund's asset base.

Key Dates