Invesco Pennsylvania Value Municipal Income Trust

Regulatory Filings • Oct 31, 2023

N-23C-2 1 invccpavalmuniin23c210312023.htm Licensed to: Stradley Ronon Stevens & Young Document created using Broadridge PROfile 23.9.1.5178 Copyright 1995 - 2023 Broadridge

Securities and Exchange Commission

Washington, DC 20549

Rule 23c-2 Notice of Intention to

Redeem Securities

of

Invesco Pennsylvania Value Municipal Income Trust

Midtown Union

1331 Spring Street NW

Suite 2500

Atlanta, GA 30309

under the

Investment Company Act of 1940

Investment Company Act File No. 811-07398

The undersigned registered closed-end investment company hereby notifies the Securities and Exchange Commission that it intends to redeem securities of which it is the issuer, as set forth below in accordance with the requirements of Rule 23c-2 under the Investment Company Act of 1940 (the “Act”).

(1) Title of the class of securities of Invesco Pennsylvania Value Municipal Income Trust (the “Fund”) to be redeemed:

Variable Rate Muni Term Preferred Shares, Series 2015/6-VPV, Liquidation Preference $100,000.00 per share (CUSIP # 46132K 604).

(2) Date on which the securities are expected to be called or redeemed:

Variable Rate Muni Term Preferred Shares

Series	Date
Series 2015/6-VPV	On or about November 30, 2023

This redemption may be effected on a subsequent date, due to market conditions or otherwise as determined by the Board of Trustees of the Fund.

The Fund reserves the right to postpone or cancel the redemption in its sole discretion.

(3) Applicable provisions of the governing instrument pursuant to which the securities are to be redeemed:

The Variable Rate Muni Term Preferred Shares are to be redeemed pursuant to Section 2.5(c)(i) of the Amended and Restated Statement of Preferences of Variable Rate Muni Term Preferred Shares of the Fund.

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(4) The number of shares to be redeemed and the basis upon which the shares to be redeemed are to be selected:

The Fund intends to redeem a portion of its outstanding Variable Rate Muni Term Preferred Shares, as set forth below:

V ariable Rate Muni Term Preferred Shares

Series	Number of Shares
Series 2015/6-VPV	138

The Variable Rate Muni Term Preferred Shares to be redeemed will be selected by lot (as determined by The Depository Trust Company).

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SIGNATURE

Pursuant to the requirement of Rule 23c-2 under the Investment Company Act of 1940, the Fund has duly caused this Notice of Intention to Redeem Securities to be signed on its behalf by the undersigned on this 31 st day of October, 2023.

INVESCO PENNSYLVANIA VALUE MUNICIPAL INCOME TRUST
By:	/s/ Alissa Clare
Name:	Alissa Clare
Title:	Assistant Secretary

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