Invesco Quality Municipal Income Trust (IQI): Timothy M O’reilly , other of Invesco Quality Municipal Income Trust purchased 375 shares on Apr 22, 2016. The Insider buying transaction was reported by the company on Jun 14, 2016 to the Securities and Exchange Commission. The shares were purchased at $13.50 per share for a total value of $5,062.50 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 13, 2015, Thomas Byron (other) sold 400 shares at $11.88 per share price.
Invesco Quality Municipal Income Trust: On Friday, Jun 10, 2016 heightened volatility was witnessed in Invesco Quality Municipal Income Trust which led to swings in the share price. The shares opened for trading at $13.62 and hit $13.65 on the upside , eventually ending the session at $13.64, with a gain of 0.52% or 0.07 points. The heightened volatility saw the trading volume jump to 88,371 shares. The 52-week high of the share price is $13.7 and the company has a market cap of $394 M . The 52-week low of the share price is at $11.71.
Invesco Quality Municipal Income Trust is a diversified closed-end management investment trust. The Trust’s investment objective is to provide current income which is exempt from federal income tax. The Trust seeks to achieve its investment objective by investing in municipal securities such as municipal bonds municipal notes municipal commercial paper and lease obligations that are rated investment-grade at the time of investment. The Trust invests in inverse floating rate securities such as Tender Option Bonds (TOBs) for investment purposes. The Trust may invest in securities that are subject to interest rate risk. Invesco Advisers Inc. is the investment adviser of the Trust.