Invesco Ltd. (Invesco) (NYSE:IVZ) today completed its purchase of Morgan Stanley's retail asset management business, including Van Kampen Investments (the Transaction).

In contemplation of the Transaction, shareholders of each Van Kampen closed-end fund approved a new investment advisory agreement with Invesco Advisers, Inc., a subsidiary of Invesco, and a new master investment sub-advisory agreement with several of Invesco's wholly-owned affiliates.

Effective June 1, 2010, each Fund's investment adviser, investment sub-advisers (except where noted below) and certain other service providers are affiliates of Invesco. The Transaction does not result in any change to any Fund's investment objectives, principal investment strategies, or portfolio management team (except where noted below).

In addition, effective June 1, 2010, each Fund has changed its name as follows. Each Fund's ticker symbol remains unchanged.

Current Name of Closed-End
Management Investment Company
  New Name of Closed-End
Management Investment Company
  Ticker

Symbol

Van Kampen Advantage Municipal Income Trust II   Invesco Van Kampen Advantage Municipal Income Trust II   VKI
Van Kampen Bond Fund   Invesco Van Kampen Bond Fund   VBF
Van Kampen California Value Municipal Income Trust   Invesco Van Kampen California Value Municipal Income Trust   VCV
Van Kampen Dynamic Credit Opportunities Fund   Invesco Van Kampen Dynamic Credit Opportunities Fund   VTA
Van Kampen High Income Trust II   Invesco Van Kampen High Income Trust II   VLT
Van Kampen Massachusetts Value Municipal Income Trust   Invesco Van Kampen Massachusetts Value Municipal Income Trust   VMV
Van Kampen Municipal Opportunity Trust   Invesco Van Kampen Municipal Opportunity Trust   VMO
Van Kampen Municipal Trust   Invesco Van Kampen Municipal Trust   VKQ
Van Kampen Ohio Quality Municipal Trust   Invesco Van Kampen Ohio Quality Municipal Trust   VOQ
Van Kampen Pennsylvania Value Municipal Income Trust   Invesco Van Kampen Pennsylvania Value Municipal Income Trust   VPV
Van Kampen Select Sector Municipal Trust   Invesco Van Kampen Select Sector Municipal Trust   VKL
Van Kampen Senior Income Trust   Invesco Van Kampen Senior Income Trust   VVR
Van Kampen Trust for Insured Municipals   Invesco Van Kampen Trust for Insured Municipals   VIM
Van Kampen Trust for Investment Grade Municipals   Invesco Van Kampen Trust for Investment Grade Municipals   VGM
Van Kampen Trust for Investment Grade New Jersey Municipals   Invesco Van Kampen Trust for Investment Grade New Jersey Municipals   VTJ
Van Kampen Trust for Investment Grade New York Municipals   Invesco Van Kampen Trust for Investment Grade New York Municipals   VTN
   

The new CUSIPs for the Funds are as follows:

 

FUND   SHARE CLASS   CUSIPs
Invesco Van Kampen Advantage Municipal Income Trust II   Common Shares   46132E 103
    Auction Preferred Shares, Series A   46132E 202
    Auction Preferred Shares, Series B   46132E 301
    Auction Preferred Shares, Series C   46132E 400
    Auction Preferred Shares Series D   46132E 509
    Auction Preferred Shares, Series E   46132E 608
    Auction Preferred Shares, Series F   46132E 707
    Auction Preferred Shares, Series G   46132E 806
    Auction Preferred Shares, Series H   46132E 863
    Auction Preferred Shares, Series I   46132E 871
    Auction Preferred Shares, Series J   46132E 889
Invesco Van Kampen Bond Fund   Common Shares   46132L107
Invesco Van Kampen California Value Municipal Income Trust   Common Shares   46132H 106
    Auction Preferred Shares, Series A   46132H 205
    Auction Preferred Shares, Series B   46132H 304
    Auction Preferred Shares, Series C   46132H 403
    Auction Preferred Shares, Series D   46132H 502
Invesco Van Kampen Dynamic Credit Opportunities Fund   Common Shares   46132R 104
Invesco Van Kampen High Income Trust II   Common Shares   46131F 101
Invesco Van Kampen Massachusetts Value Municipal Income Trust   Common Shares   46132J 102
    Auction Preferred Shares   46132J 201
Invesco Van Kampen Municipal Opportunity Trust   Common Shares   46132C 107
    Auction Preferred Shares, Series A   46132C 206
    Auction Preferred Shares, Series B   46132C 305
    Auction Preferred Shares, Series C   46132C 404
    Auction Preferred Shares, Series D   46132C 503
    Auction Preferred Shares, Series E   46132C 602
    Auction Preferred Shares, Series F   46132C 701
Invesco Van Kampen Municipal Trust   Common Shares   46131J 103
    Auction Preferred Shares, Series A   46131J 202
    Auction Preferred Shares, Series B   46131J 301
    Auction Preferred Shares, Series C   46131J 400
    Auction Preferred Shares, Series D   46131J 509
    Auction Preferred Shares, Series E   46131J 608
Invesco Van Kampen Ohio Quality Municipal Trust   Common Shares   46131K 100
    Auction Preferred Shares, Series A   46131K 209
    Auction Preferred Shares, Series B   46131K 308
Invesco Van Kampen Pennsylvania Value Municipal Income Trust   Common Shares   46132K 109
    Auction Preferred Shares, Series A   46132K 208
    Auction Preferred Shares, Series B   46132K 307
    Auction Preferred Shares, Series C   46132K 406
    Auction Preferred Shares, Series D   46132K 505
Invesco Van Kampen Select Sector Municipal Trust   Common Shares   46132G 108
    Remarketed Preferred Shares, Series A   46132G 207
    Remarketed Preferred Shares, Series B   46132G 306
    Remarketed Preferred Shares, Series C   46132G 405
    Remarketed Preferred Shares, Series D   46132G 504
Invesco Van Kampen Senior Income Trust   Common Shares   46131H 107
    Auction Preferred Shares, Series M   46131H 206
    Auction Preferred Shares, Series T   46131H 305
    Auction Preferred Shares, Series W   46131H 404
    Auction Preferred Shares, Series TH   46131H 503
    Auction Preferred Shares, Series F   46131H 602
Invesco Van Kampen Trust For Insured Municipals   Common Shares   46131L 108
    Auction Preferred Shares, Series A   46131L 207
    Auction Preferred Shares, Series B   46131L 306
Invesco Van Kampen Trust for Investment Grade Municipals   Common Shares   46131M 106
    Auction Preferred Shares, Series A   46131M 205
    Auction Preferred Shares, Series B   46131M 304
    Auction Preferred Shares, Series C   46131M 403
    Auction Preferred Shares, Series D   46131M 502
    Auction Preferred Shares, Series E   46131M 601
    Auction Preferred Shares, Series F   46131M 700
    Auction Preferred Shares, Series G   46131M 809
    Auction Preferred Shares, Series H   46131M 882
    Auction Preferred Shares, Series I   46131M 874
Invesco Van Kampen Trust For Investment Grade New Jersey Municipals   Common Shares   46131R 105
    Auction Preferred Shares   46131R 204
Invesco Van Kampen Trust For Investment Grade New York Municipals   Common Shares   46131T 101
    Auction Preferred Shares, Series A   46131T 200
    Auction Preferred Shares, Series B   46131T 309
    Auction Preferred Shares, Series C   46131T 408

Colin D. Meadows was appointed as a Trustee effective June 1, 2010.

The following persons are the Funds' officers as of June 1, 2010:

Name   Position Held
Colin D. Meadows   President and Principal Executive Officer
John M. Zerr   Senior Vice President, Chief Legal Officer and Secretary
Lisa O. Brinkley   Vice President
Kevin M. Carome   Vice President
Karen Dunn Kelley   Vice President
Sheri Morris   Vice President, Principal Financial Officer and Treasurer
Todd L. Spillane   Chief Compliance Officer
© Business Wire - 2010
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Invesco Ltd. is one of the world's leading asset management companies. The group also provides investment consulting services. The activity is organized primarily around 4 areas: - management and sales of mutual investment funds; - management of corporate assets; - management of personal funds; - management of exchange-traded funds. At the end of 2021, Invesco Ltd. managed USD 1,610.9 billion in assets. Net sales are distributed geographically as follows: Americas (75.1%), the United Kingdom (9.4%), Europe/Middle East/Africa (10.5%) and Asia/Pacific (5%).
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Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
15
Last Close Price
16 USD
Average target price
16.7 USD
Spread / Average Target
+4.35%
Consensus
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