VCV: After A Strong Run, I'd Be Very Careful At These Levels (Rating Downgrade)
VCV
seekingalpha.comFebruary 22, 2025
Evaluating Invesco California Value Municipal Income Trust as a current investment, focusing on its objective of tax-exempt income. Previous mid-2024 analysis showed VCV as a valuable buy for California muni securities, which proved correct with solid returns. Despite recent gains, ongoing California wildfires present a significant risk factor that could impact future performance.
VCV: Bull Case Still In Place For California's Muni Bonds
VCV
seekingalpha.comAugust 15, 2024
VCV has an attractive tax-adjusted yield, especially for high-income residents of California. The fund has a lot of momentum and further buying could be spurred by the discount to NAV. The recent budget passed by the state legislature shows that spending cuts and tax hikes are on the way, supporting the credit quality of the state's muni bonds.