SCHEDULE 13G/A: Karpus Management Discloses 3.84% Stake in Invesco Trust for Investment Grade Municipals

Karpus Management, Inc. has filed an amended Schedule 13G, disclosing a 3.84% beneficial ownership stake in Invesco Trust for Investment Grade Municipals as of May 30, 2025.

Summary

• Karpus Management, Inc., an investment adviser, reported beneficial ownership of 2,081,051 shares of Common stock in Invesco Trust for Investment Grade Municipals.
• This ownership represents 3.84% of the total class of securities.
• Karpus Management, Inc. holds sole voting power and sole dispositive power over all 2,081,051 reported shares.
• The filing is an Amendment No. 1 to a Schedule 13G, indicating an update to a previously reported stake.
• The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: This is a neutral, routine regulatory filing disclosing beneficial ownership. It does not contain information that would inherently be considered positive or negative for the issuer or the reporting person beyond the fact of the investment itself.

Positives

• The filing indicates a continued investment by Karpus Management, Inc. in Invesco Trust for Investment Grade Municipals.
• The investment is held in the ordinary course of business, suggesting a passive investment strategy by a qualified institutional investor.

Negatives

• No specific negative information is disclosed in this routine ownership filing.

Risks

• No specific risks related to the issuer or the investment are detailed in this ownership disclosure.

Future Outlook

NA

Management Comments

• "The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11."

Industry Context

This filing is a standard disclosure of institutional ownership by an investment adviser in a municipal bond fund. Such filings provide transparency regarding significant holdings by large investors, which is a common practice in the financial industry.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's stake.
• Management: Awareness of a notable institutional investor's position.

Key Dates

Keywords

Karpus Management Inc., Invesco Trust for Investment Grade Municipals, Schedule 13G, Beneficial Ownership, Investment Adviser, Common Stock, SEC Filing, Institutional Ownership, Municipal Bonds