0001214659-19-003986.txt : 20190603 0001214659-19-003986.hdr.sgml : 20190603 20190603163124 ACCESSION NUMBER: 0001214659-19-003986 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20190530 FILED AS OF DATE: 20190603 DATE AS OF CHANGE: 20190603 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: RBC Capital Markets, LLC CENTRAL INDEX KEY: 0000050916 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] STATE OF INCORPORATION: MN FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 811-07398 FILM NUMBER: 19873683 BUSINESS ADDRESS: STREET 1: 200 VESEY STREET CITY: NEW YORK STATE: NY ZIP: 10281 BUSINESS PHONE: 612 371-2711 MAIL ADDRESS: STREET 1: 60 SOUTH 6TH STREET CITY: MINNEAPOLIS STATE: MN ZIP: 55402 FORMER NAME: FORMER CONFORMED NAME: RBC Capital Markets CORP DATE OF NAME CHANGE: 20080325 FORMER NAME: FORMER CONFORMED NAME: RBC DAIN RAUSCHER INC DATE OF NAME CHANGE: 20060110 FORMER NAME: FORMER CONFORMED NAME: RBC DAIN RAUSCHER CORP DATE OF NAME CHANGE: 20011228 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ROYAL BANK OF CANADA CENTRAL INDEX KEY: 0001000275 STANDARD INDUSTRIAL CLASSIFICATION: COMMERCIAL BANKS, NEC [6029] STATE OF INCORPORATION: A6 FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 811-07398 FILM NUMBER: 19873684 BUSINESS ADDRESS: STREET 1: ROYAL BANK PLAZA STREET 2: 200 BAY STREET CITY: TORONTO STATE: A6 ZIP: M5J2J5 BUSINESS PHONE: 2128587116 MAIL ADDRESS: STREET 1: ROYAL BANK PLAZA STREET 2: 200 BAY STREET CITY: TORONTO STATE: A6 ZIP: M5J2J5 FORMER NAME: FORMER CONFORMED NAME: ROYAL BANK OF CANADA \ DATE OF NAME CHANGE: 19950908 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Invesco Pennsylvania Value Municipal Income Trust CENTRAL INDEX KEY: 0000895528 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 367017427 STATE OF INCORPORATION: PA FISCAL YEAR END: 1031 BUSINESS ADDRESS: STREET 1: 1555 PEACHTREE STREET, N.E. STREET 2: SUITE 1800 CITY: ATLANTA STATE: GA ZIP: 30309 BUSINESS PHONE: 404-439-3217 MAIL ADDRESS: STREET 1: 1555 PEACHTREE STREET, N.E. STREET 2: SUITE 1800 CITY: ATLANTA STATE: GA ZIP: 30309 FORMER COMPANY: FORMER CONFORMED NAME: Invesco Van Kampen Pennsylvania Value Municipal Income Trust DATE OF NAME CHANGE: 20100601 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN PENNSYLVANIA VALUE MUNICIPAL INCOME TRUST DATE OF NAME CHANGE: 19981006 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL PENNSYLVANIA VALUE MUNIC INCO TR DATE OF NAME CHANGE: 19971007 4 1 ownership.xml X0306 4 2019-05-30 1 0000895528 Invesco Pennsylvania Value Municipal Income Trust VPV 0000050916 RBC Capital Markets, LLC BROOKFIELD PLACE 200 VESEY STREET NEW YORK NY 10281 0 0 1 0 0001000275 ROYAL BANK OF CANADA ROYAL BANK PLAZA 200 BAY STREET TORONTO A6 M5J2J5 ONTARIO, CANADA 0 0 1 0 Variable Rate Muni Term Preferred Shares 2019-05-30 4 J 0 1376 D 0 D This statement is jointly filed by Royal Bank of Canada ("RBC") and RBC Capital Markets, LLC ("RBCCM"). RBC held an indirect interest in the securities listed in Table I (the "Securities") by virtue of its indirect 100% ownership of its subsidiary RBCCM. The 1,376 Variable Rate Muni Term Preferred Shares reported as disposed of in Table I represent Variable Rate Muni Term Preferred Shares of the Issuer (the "VMTP Shares") that were beneficially owned by RBCCM, following its acquisition of the VMTP Shares from its wholly-owned subsidiary, RBC Municipal Products, LLC on May 1, 2019. The VMTP Shares were disposed of by way of a sale to a third party for a purchase price of $100,214.739723837 per share (which includes a liquidation preference of $100,000.00 per share and accrued dividends of $214.739723837 per share). RBBCM is a wholly owned subsidiary of RBC. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) of the US Securities Exchange Act of 1934 or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer. Exhibits Index Exhibit 99.1 - Joint Filing Agreement Exhibit 99.2 - Joint Filer Information Signature Footnotes: *1 This Form 4 was executed by John Penn pursuant to the power of attorney filed with the Securities and Exchange Commission on November 12, 2010 in connection with a Schedule 13G/A for RMR Real Estate Income Fund, which power of attorney is incorporated herein by reference. *2 This Form 4 was executed by John Penn pursuant to the power of attorney filed with the Securities and Exchange Commission on July 10, 2018 in connection with a Schedule 13G/A for RMR Real Estate Income Fund, which power of attorney is incorporated herein by reference. /s/ John Penn *1 Authorized Signatory for RBC CAPITAL MARKETS, LLC 2019-05-31 /s/ John Penn *2 Authorized Signatory for ROYAL BANK OF CANADA 2019-05-31 EX-99 2 ex99_1.htm EXHIBIT 99.1

EXHIBIT 99.1

JOINT FILING AGREEMENT

Pursuant to and in accordance with the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the rules and regulations thereunder, each party hereto hereby agrees to the joint filing, on behalf of each of them, of any filing required by such party under Section 13 or Section 16 of the Exchange Act or any rule or regulation thereunder (including any amendment, restatement, supplement, and/or exhibit thereto) with the Securities and Exchange Commission (and, if such security is registered on a national securities exchange, also with the exchange), and further agrees to the filing, furnishing, and/or incorporation by reference of this agreement as an exhibit thereto. This agreement shall remain in full force and effect until revoked by any party hereto in a signed writing provided to each other party hereto, and then only with respect to such revoking party.

IN WITNESS WHEREOF, each party hereto, being duly authorized, has caused this agreement to be executed and effective as of the date set forth below.

Date: May 31, 2019



		ROYAL BANK OF CANADA³


		By:____ /s/ John Penn __________
		Name: John Penn
		Title: Authorized Signatory


		RBC CAPITAL MARKETS, LLC⁴


		By: ____ /s/ John Penn __________
		Name: John Penn
		Title: Authorized Signatory

³ This Joint Filing Agreement was executed by John Penn pursuant to the power of attorney filed with the Securities and Exchange Commission on July 10, 2018 in connection with a Schedule 13G/A for RMR Real Estate Income Fund, which power of attorney is incorporated herein by reference.

⁴ This Joint Filing Agreement was executed by John Penn pursuant to the power of attorney filed with the Securities and Exchange Commission on November 12, 2010 in connection with a Schedule 13G/A for RMR Real Estate Income Fund, which power of attorney is incorporated herein by reference.

EX-99.2 3 ex99_2.htm EXHIBIT 99.2

EXHIBIT 99.2

JOINT FILER INFORMATION

Item		Information
Name:		Royal Bank of Canada
Address:		200 Bay Street Toronto, Ontario Canada M5J 2J5
Date of Event Requiring Statement (Month/Day/Year):		May 30, 2019
Issuer Name and Ticker or Trading Symbol:		Invesco Pennsylvania Value Municipal Income Trust (VPV)
Relationship of Reporting Person(s) to Issuer:		10% Owner
If Amendment, Date Original Filed (Month/Day/Year):		Not Applicable
Individual or Joint/Group Filing:		Form filed by More than One Reporting Person
Signature:		ROYAL BANK OF CANADA ⁵ By: ____ /s/ John Penn __________ Name: John Penn Title: Authorized Signatory Date: May 31, 2019

⁵ This Joint Filer Information was executed by John Penn pursuant to the power of attorney filed with the Securities and Exchange Commission on July 10, 2018 in connection with a Schedule 13G/A for RMR Real Estate Income Fund, which power of attorney is incorporated herein by reference.

Item		Information
Name:		RBC Capital Markets, LLC⁶
Address:		Brookfield Place, 200 Vesey Street New York, New York 10281
Date of Event Requiring Statement (Month/Day/Year):		May 30, 2019
Issuer Name and Ticker or Trading Symbol:		Invesco Pennsylvania Value Municipal Income Trust (VPV)
Relationship of Reporting Person(s) to Issuer:		10% Owner
If Amendment, Date Original Filed (Month/Day/Year):		Not Applicable
Individual or Joint/Group Filing:		Form filed by More than One Reporting Person
Signature:		RBC Capital Markets, LLC By____ /s/ John Penn __________ Name: John Penn Title: Authorized Signatory Date: May 31, 2019

⁶ This Joint Filer Information was executed by John Penn pursuant to the power of attorney filed with the Securities and Exchange Commission on November 12, 2010 in connection with a Schedule 13G/A for RMR Real Estate Income Fund, which power of attorney is incorporated herein by reference.