INVESCO CALIFORNIA VALUE MUNICIPAL INCOME TRUST 
By ATLANTA, May 15, 2012 /PRNewswire/ -- Invesco Advisers, Inc. ("Invesco") announced today that each of the Invesco and Invesco Van Kampen closed-end funds listed below (the "Funds") has successfully priced and placed a private offering of Variable Rate Muni Term Preferred Shares ("VMTP") pursuant to an offering exempt from registration under the Securities Act of 1933. The Funds have issued VMTP as follows:
Fund NYSE Ticker VMTP Amount
---- ----------- -----------
Invesco California Municipal
Income Trust IIC $41,400,000
---------------------------- --- -----------
Invesco California Quality
Municipal Securities IQC $30,900,000
-------------------------- --- -----------
Invesco Van Kampen Advantage
Municipal Income Trust II VKI $231,000,000
---------------------------- --- ------------
Invesco Van Kampen
California Value Municipal
Income Trust VCV $116,000,000
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(Logo: http://photos.prnewswire.com/prnh/20110131/MM39469LOGO-a )
Each Fund plans to redeem all of its outstanding auction rate preferred shares ("ARPS") at their respective liquidation preferences (sometimes referred to as "at par"), together with accrued and unpaid dividends, if any, to the redemption date. These redemptions are anticipated to be funded with cash and proceeds received from the issuance of VMTP.
ARPS Redemption Schedule
Invesco California Municipal Income Trust (NYSE: IIC)
Series CUSIP Number # of Shares Amount Redemption
Redeemed Redeemed Date
--- -------- -------- ----
1 461-30L-208 128 $6,400,000 June 18, 2012
--- ----------- --- ---------- -------------
2 461-30L-307 254 $12,700,000 June 18, 2012
--- ----------- --- ----------- -------------
3 461-30L-406 318 $15,900,000 June 18, 2012
--- ----------- --- ----------- -------------
4 461-30L-505 128 $6,400,000 June 18, 2012
--- ----------- --- ---------- -------------
Invesco California Quality Municipal Securities (NYSE: IQC)
Series CUSIP Number # of Shares Amount Redemption
Redeemed Redeemed Date
--- -------- -------- ----
1 461-30M-206 146 $7,300,000 June 19, 2012
--- ----------- --- ---------- -------------
2 461-30M-305 135 $6,750,000 June 21, 2012
--- ----------- --- ---------- -------------
3 461-30M-404 337 $16,850,000 June 19, 2012
--- ----------- --- ----------- -------------
Invesco Van Kampen Advantage Municipal Income Trust II (NYSE: VKI)
Series CUSIP Number # of Shares Amount Redemption
Redeemed Redeemed Date
--- -------- -------- ----
A 461-32E-202 880 $22,000,000 May 24, 2012
--- ----------- --- ----------- ------------
B 461-32E-301 880 $22,000,000 May 25, 2012
--- ----------- --- ----------- ------------
C 461-32E-400 880 $22,000,000 May 24, 2012
--- ----------- --- ----------- ------------
D 461-32E-509 880 $22,000,000 May 24, 2012
--- ----------- --- ----------- ------------
E 461-32E-608 770 $19,250,000 May 25, 2012
--- ----------- --- ----------- ------------
F 461-32E-707 1100 $27,500,000 May 23, 2012
--- ----------- ---- ----------- ------------
G 461-32E-806 1100 $27,500,000 May 25, 2012
--- ----------- ---- ----------- ------------
H 461-32E-863 1100 $27,500,000 May 22, 2012
--- ----------- ---- ----------- ------------
I 461-32E-871 1100 $27,500,000 June 4, 2012
--- ----------- ---- ----------- ------------
J 461-32E-889 550 $13,750,000 May 22, 2012
--- ----------- --- ----------- ------------
Invesco Van Kampen California Value Municipal Income Trust (NYSE: VCV)
Series CUSIP Number # of Shares Amount Redemption
Redeemed Redeemed Date
--- -------- -------- ----
A 461-32H-205 1392 $34,800,000 May 22, 2012
--- ----------- ---- ----------- ------------
B 461-32H-304 1740 $43,500,000 May 25, 2012
--- ----------- ---- ----------- ------------
C 461-32H-403 1044 $26,100,000 May 22, 2012
--- ----------- ---- ----------- ------------
D 461-32H-502 464 $11,600,000 June 11, 2012
--- ----------- --- ----------- -------------
Invesco will keep market participants and shareholders informed of any material developments with the Funds via press releases and on Invesco's website at www.invesco.com/portal/site/us/news.
This information does not constitute an offer for sale of any securities or a solicitation of any proxy.
For more information, call 1-800-341-2929.
About Invesco Ltd.
Invesco Ltd. is a leading independent global investment management firm, dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our retail, institutional and high net worth clients around the world. Operating in more than 20 countries, the firm is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com.
Invesco Advisers, Inc. is an investment adviser; it provides investment advisory services to individual and institutional clients and does not sell securities. Invesco Distributors, Inc. is the U.S. distributor for Invesco Ltd.'s retail mutual funds, exchange-traded funds and institutional money market funds and the subdistributor for its STIC Global Funds. Both Invesco Advisers, Inc. and Invesco Distributors, Inc. are wholly owned, indirect subsidiaries of Invesco Ltd.
Note: There is no assurance that a closed-end fund will achieve its investment objective. Shares are bought on the secondary market and may trade at a discount or premium to NAV. Regular brokerage commissions apply.
SOURCE Invesco
