IOMUX: Invesco Oppenheimer Municipal Fund

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IOMUX Invesco Oppenheimer Municipal Fund


Profile

IOMUX - Profile

Vitals

  • YTD Return -0.1%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $145 M
  • Holdings in Top 10 19.7%

52 WEEK LOW AND HIGH

$13.45
$12.08
$13.87

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.63%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 14.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -0.1%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.00%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Invesco Environmental Focus Municipal Fund
  • Fund Family Name
    Invesco
  • Inception Date
    May 24, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Mark Paris

Fund Description

Under normal market conditions, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in securities the income from which, in the opinion of counsel to the issuer of each security, is exempt from regular federal individual income tax. The Adviser seeks to focus the fund’s investments in municipal securities issued by issuers involved in projects or technologies with high potential positive environmental impact as determined by the Adviser using its proprietary evaluation system in areas.


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Categories

Performance

IOMUX - Performance

Return Ranking - Trailing

Period IOMUX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.1% -31.9% 955.1% 86.90%
1 Yr -0.2% -28.2% 953.0% 89.23%
3 Yr N/A* -17.2% 120.9% 1.01%
5 Yr N/A* -8.3% 60.6% 1.58%
10 Yr N/A* -5.2% 14.4% 0.97%

* Annualized

Return Ranking - Calendar

Period IOMUX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -5.8% 20.3% N/A
2018 N/A -29.6% 4.6% N/A
2017 N/A -6.0% 15.8% N/A
2016 N/A -7.8% 15.0% N/A
2015 N/A -11.6% 3.0% N/A

Total Return Ranking - Trailing

Period IOMUX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.1% -31.9% 955.1% 86.90%
1 Yr -0.2% -28.2% 953.0% 89.23%
3 Yr N/A* -17.2% 120.9% 1.09%
5 Yr N/A* -8.3% 60.6% 1.44%
10 Yr N/A* -5.2% 16.2% 1.15%

* Annualized

Total Return Ranking - Calendar

Period IOMUX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -5.8% 20.3% N/A
2018 N/A -29.6% 4.6% N/A
2017 N/A -6.0% 15.8% N/A
2016 N/A -7.8% 15.0% N/A
2015 N/A -9.9% 3.0% N/A

NAV & Total Return History


Holdings

IOMUX - Holdings

Concentration Analysis

IOMUX Category Low Category High IOMUX % Rank
Net Assets 145 M 619 K 88.4 B 78.24%
Number of Holdings 141 1 10083 77.00%
Net Assets in Top 10 27.3 M -202 M 26.9 B 78.56%
Weighting of Top 10 19.68% 2.6% 100.0% 54.17%

Top 10 Holdings

  1. INDIANA ST FIN AUTH WASTEWATER UTIL REV 5% 2.24%
  2. MASSACHUSETTS ST TRANSN FD REV 5% 2.23%
  3. CENTRAL PUGET SOUND WASH REGL TRAN AUTH SALES TAX & MOTOR VEHICLE EXCISE TA 2.22%
  4. WASHINGTON ST HEALTH CARE FACS AUTH REV 5% 2.10%
  5. SALT VERDE FINL CORP SR GAS REV ARIZ 5% 1.91%
  6. ST LOUIS MO LD CLEARANCE REDEV AUTH ANNUAL APPROPRIATION REDEV REV 5% 1.89%
  7. DALLAS TEX AREA RAPID TRAN SALES TAX REV 5% 1.82%
  8. HUDSON YDS INFRASTRUCTURE CORP N Y SECOND INDENTURE REV 5% 1.80%
  9. PUBLIC FIN AUTH WIS STUDENT HSG REV 5% 1.73%
  10. LONG IS PWR AUTH N Y ELEC SYS REV 5% 1.73%

Asset Allocation

Weighting Return Low Return High IOMUX % Rank
Bonds
100.61% 78.92% 199.79% 9.73%
Stocks
0.00% -4.99% 21.62% 71.35%
Preferred Stocks
0.00% -0.17% 22.02% 74.75%
Other
0.00% -9.40% 31.94% 66.30%
Convertible Bonds
0.00% 0.00% 9.45% 84.30%
Cash
-0.61% -128.23% 19.68% 88.71%

Bond Sector Breakdown

Weighting Return Low Return High IOMUX % Rank
Municipal
100.00% 0.00% 100.06% 3.44%
Derivative
0.00% 0.00% 39.43% 73.74%
Cash & Equivalents
0.00% -26.49% 93.17% 97.93%
Securitized
0.00% 0.00% 97.53% 86.59%
Corporate
0.00% 0.00% 99.00% 88.93%
Government
0.00% -2.21% 99.96% 88.11%

Bond Geographic Breakdown

Weighting Return Low Return High IOMUX % Rank
US
100.61% 49.78% 199.79% 4.59%
Non US
0.00% -12.10% 39.65% 94.12%

Expenses

IOMUX - Expenses

Operational Fees

IOMUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.63% 0.01% 34.57% 64.84%
Management Fee 0.39% 0.00% 1.60% 50.00%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

IOMUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

IOMUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

IOMUX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 14.00% 0.00% 496.90% 15.11%

Distributions

IOMUX - Distributions

Dividend Yield Analysis

IOMUX Category Low Category High IOMUX % Rank
Dividend Yield 0.00% 0.00% 3.87% 69.47%

Dividend Distribution Analysis

IOMUX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

IOMUX Category Low Category High IOMUX % Rank
Net Income Ratio 3.00% -0.81% 6.02% 19.33%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

IOMUX - Fund Manager Analysis

Managers

Mark Paris


Start Date

Tenure

Tenure Rank

Jun 21, 2019

1.2

1.2%

Mark Paris is Chief Investment Officer and Head of Municipal Strategies for Invesco Fixed Income. In this capacity, he is responsible for the oversight and implementationof all municipal bond strategies. Mr. Paris entered the financial industry in 1990 and joined Invesco in 2010 when the firm combined with Van Kampen investments. Prior to joining the firm, Mr. Paris was a trader and then a portfolio manager on the muncipal fixed income team at Morgan Stanley/Van Kampen, which he joing in 2002. He also was previously a trader and portfolio manager at Oppenheimer Funds, head underwriter at Chase Manhattan Bank, and a trader and underwriter at NatWest Bank. Mr. Paris earned a BBA in finance from Baruch College of the City University of New York.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 33.3 7.05 0.17