Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Invesco Municipal Income Fund

VMIBX |

-

$2.91 B

-

1.74%

Vitals

YTD Return

N/A

1 yr return

5.5%

3 Yr Avg Return

2.6%

5 Yr Avg Return

2.6%

Net Assets

$2.91 B

Holdings in Top 10

5.8%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.74%

SALES FEES

Front Load N/A

Deferred Load 5.00%

TRADING FEES

Turnover 25.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

$250

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Invesco Municipal Income Fund

VMIBX |

-

$2.91 B

-

1.74%

VMIBX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 1.6%
  • 5 Yr Annualized Total Return 2.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.04%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Invesco Municipal Income Fund
  • Fund Family Name
    Invesco
  • Inception Date
    Aug 24, 1992
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Robert J. Stryker

Fund Description

VMIBX - Performance

Return Ranking - Trailing

Period VMIBX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A 0.0% 5.8% N/A
1 Yr 5.5% -2.6% 5.6% N/A
3 Yr 2.6%* -3.2% 1.4% N/A
5 Yr 2.6%* -1.8% 2.3% N/A
10 Yr 3.5%* -8.7% 2.3% N/A

* Annualized

Return Ranking - Calendar

Period VMIBX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -4.8% 0.8% N/A
2022 N/A -0.9% 5.6% N/A
2021 N/A -6.1% 7.3% N/A
2020 N/A -10.9% 2.6% N/A
2019 N/A -60.4% 12.0% N/A

Total Return Ranking - Trailing

Period VMIBX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A 0.0% 6.0% N/A
1 Yr 0.5% -2.5% 7.0% N/A
3 Yr 1.6%* -3.2% 3.2% N/A
5 Yr 2.3%* -1.8% 3.7% N/A
10 Yr 3.5%* -8.7% 4.8% N/A

* Annualized

Total Return Ranking - Calendar

Period VMIBX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -4.8% 1.7% N/A
2022 N/A -0.9% 6.2% N/A
2021 N/A -6.1% 7.3% N/A
2020 N/A -9.6% 3.9% N/A
2019 N/A -60.4% 12.0% N/A

VMIBX - Holdings

Concentration Analysis

VMIBX Category Low Category High VMIBX % Rank
Net Assets 2.91 B 762 K 68.3 B N/A
Number of Holdings 956 3 8426 N/A
Net Assets in Top 10 167 M -4.59 M 2.02 B N/A
Weighting of Top 10 5.76% 2.5% 100.0% N/A

Top 10 Holdings

  1. Metropolitan Pier & Exposition Rev 5.65% 0.64%
  2. Buckeye Ohio Tob Settlement Fi To 5.875% 0.60%
  3. Indiana St Fin Auth 5% 0.60%
  4. Amer Mun Pwr Ohio Inc Rev Rev Bds 5% 0.59%
  5. Michigan Fin Auth 5% 0.58%
  6. New York Transn Dev Corp Spl F Spl Fa 5% 0.58%
  7. Grand Parkway Transn Corp Tex Toll 5.25% 0.57%
  8. New Jersey St Transn Tr Fd Aut Rev Nt 5% 0.54%
  9. Kentucky Econ Dev Fin Auth 5% 0.54%
  10. Metropolitan Wash D C Arpts Au Second 5% 0.51%

Asset Allocation

Weighting Return Low Return High VMIBX % Rank
Bonds 		99.74% 17.56% 101.83% N/A
Cash 		0.25% -1.83% 82.44% N/A
Stocks 		0.00% 0.00% 0.39% N/A
Preferred Stocks 		0.00% 0.00% 8.94% N/A
Other 		0.00% -1.53% 30.00% N/A
Convertible Bonds 		0.00% 0.00% 2.66% N/A

Bond Sector Breakdown

Weighting Return Low Return High VMIBX % Rank
Municipal 		100.06% 0.00% 104.99% N/A
Cash & Equivalents 		0.25% -2.41% 82.44% N/A
Securitized 		0.00% 0.00% 23.62% N/A
Corporate 		0.00% 0.00% 39.71% N/A
Government 		0.00% -6.32% 93.35% N/A
Derivative 		-0.32% 0.00% 0.08% N/A

Bond Geographic Breakdown

Weighting Return Low Return High VMIBX % Rank
US 		99.51% 17.56% 101.37% N/A
Non US 		0.23% 0.00% 23.82% N/A

VMIBX - Expenses

Operational Fees

VMIBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.74% 0.09% 4.80% N/A
Management Fee 0.46% 0.00% 0.65% N/A
12b-1 Fee 1.00% 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.34% N/A

Sales Fees

VMIBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load 5.00% 0.50% 5.50% N/A

Trading Fees

VMIBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

VMIBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 25.00% 0.00% 739.25% N/A

VMIBX - Distributions

Dividend Yield Analysis

VMIBX Category Low Category High VMIBX % Rank
Dividend Yield 0.00% 0.00% 2.53% N/A

Dividend Distribution Analysis

VMIBX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

VMIBX Category Low Category High VMIBX % Rank
Net Income Ratio 3.04% 0.01% 4.95% N/A

Capital Gain Distribution Analysis

VMIBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

VMIBX - Fund Manager Analysis

Managers

Robert J. Stryker

Start Date

Tenure

Tenure Rank

Jul 20, 2005

12.54

12.5%

Robert Stryker is a Senior Portfolio Manager for Invesco municipal strategies. Previously, Mr. Stryker was with Van Kampen, serving as a portfolio manager on the Municipal Fixed Income team, a fixed income trader, a portfolio analyst and a fixed income credit analyst. He entered the industry when he joined Van Kampen in 1994, and joined Invesco in 2010 when the firm combined with Van Kampen. Mr. Stryker earned a BS degree in finance from the University of Illinois, Chicago. He is a CFA charterholder.

Mark Paris

Start Date

Tenure

Tenure Rank

Mar 06, 2015

2.91

2.9%

Mark Paris serves as Senior Portfolio Manager and Head of Portfolio Management and Trading for Invesco Municipal Bond Team. Mr. Paris entered the industry in 1990 and joined Invesco in 2010. Prior to joining the firm, Mr. Paris was a trader and then a portfolio manager on the Municipal Fixed Income team at Morgan Stanley, which he joined in 2002. He also was previously a trader/portfolio manager at Oppenheimer Funds, head underwriter at Chase Manhattan Bank and a trader/underwriter at NatWest Bank. Mr. Paris earned a BBA degree in finance from Baruch College – The City University of New York (CUNY). He holds the Series 7, 24, 79, 53 and 63 registrations.

Julius Williams

Start Date

Tenure

Tenure Rank

Mar 06, 2015

2.91

2.9%

Julius Williams is a Senior Portfolio Manager for Invesco municipal strategies. Mr. Williams entered the industry in 2000. Prior to joining Invesco, he was a portfolio manager and trader for municipal funds at Van Kampen. He joined Invesco in 2010 when the firm combined with Van Kampen. Mr. Williams earned a BA degree in economics and sociology, and a Master of Education degree in educational psychology from the University of Virginia.

John Connelly

Start Date

Tenure

Tenure Rank

Apr 01, 2016

1.84

1.8%

John Connelly, has been associated with Invesco and/or its affiliates since 2016. From 1994 to 2015, he was employed by Raymond James & Associates, where he served as Senior Vice President of Municipal High Yield Trading from 2012 to 2015. Prior to 2012, he served as Director of the Municipal High Yield Trading Group.

Tim O’Reilly

Start Date

Tenure

Tenure Rank

Apr 01, 2016

1.84

1.8%

Tim O'Reilly is a Portfolio Manager for Invesco Municipal Strategies. Mr. O'Reilly joined Invesco in 2010 when the firm combined with Van Kampen, where he served as a senior unit trust fixed income portfolio manager, with responsibilities that included fixed income trading, risk management and credit analysis. He has a diverse knowledge base, with trading experience in municipals, corporates and equities. He joined Van Kampen in 2001. Mr. O'Reilly earned a BS degree in finance from Eastern Illinois University and an MBA in finance from the University of Illinois at Chicago. He holds the Series 7, 63 and 79 registrations.

James D. Phillips

Start Date

Tenure

Tenure Rank

Mar 06, 2015

2.91

2.9%

James Phillips is a Senior Portfolio Manager for Invesco municipal strategies. Mr. Phillips joined Invesco in 2010, when the firm combined with Van Kampen. At Van Kampen, which he joined in 1991, he was a portfolio manager for municipal strategies. He also served as a credit analyst and has specialized in researching nonrated municipal bonds across all sectors. Previously, he was at the Federal Deposit Insurance Corporation, where he managed a portfolio of distressed bank assets. He started in the municipal bond market at Underwood, Neuhaus & Co. in Houston, structuring municipal bond issues in the health care, senior living and special tax sectors. He entered the industry in 1985. Mr. Phillips earned a BA degree in American literature from Empire State College, the independent study division of the State University of New York, and an MBA in finance from the State University of New York at Albany.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.0 39.77 7.57 4.32

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.