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Invesco Van Kampen for Investment Grade Municipals calls ARPS
By Tali David
Minneapolis, May 8 - Invesco Van Kampen Trust for Investment Grade Municipals plans to redeem $273.35 million of its auction-rate preferreds, according to a rule 23C-2 filed with the Securities and Exchange Commission.
The following preferreds will be redeemed at $25,000 per share:
• $38.25 million, or 1,530 shares of series A preferreds on May 31;
• $38.25 million, or 1,530 shares of series B preferreds on June 7;
• $38.25 million, or 1,530 shares of series C preferreds on May 15;
• $20.4 million, or 816 shares of series D preferreds on May 21;
• $28.05 million, or 1,122 shares of series E preferreds on May 31;
• $28.05 million, or 1,122 shares of series F preferreds on June 7;
• $28.05 million, or 1,122 shares of series G preferreds on May 17;
• $28.55 million, or 1,142 shares of series H preferreds on May 15; and
• $25.5 million, or 1,020 shares of series I preferreds on June 5.
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