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Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

Invesco Rochester® Limited Term New York Municipal Fund

LTBYX | Fund

$2.80

$1.8 B

3.34%

$0.09

0.63%

Vitals

YTD Return

1.1%

1 yr return

-1.8%

3 Yr Avg Return

-2.4%

5 Yr Avg Return

-0.5%

Net Assets

$1.8 B

Holdings in Top 10

13.9%

52 WEEK LOW AND HIGH

$2.8
$2.69
$2.86

Expenses

OPERATING FEES

Expense Ratio 0.63%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

$250

Fund Classification

Fund Type

Open End Mutual Fund

Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

Invesco Rochester® Limited Term New York Municipal Fund

LTBYX | Fund

$2.80

$1.8 B

3.34%

$0.09

0.63%

LTBYX - Profile

Distributions

  • YTD Total Return 1.1%
  • 3 Yr Annualized Total Return -2.4%
  • 5 Yr Annualized Total Return -0.5%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.26%
DIVIDENDS
  • Dividend Yield 3.3%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Invesco Rochester® Limited Term New York Municipal Fund
  • Fund Family Name
    OppenheimerFunds
  • Inception Date
    Mar 30, 2011
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Scott Cottier

LTBYX - Performance

Return Ranking - Trailing

Period LTBYX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.1% -86.8% 7.5% 10.86%
1 Yr -1.8% -48.9% 15.3% 50.98%
3 Yr -2.4%* -21.5% 51.9% 51.34%
5 Yr -0.5%* -5.9% 29.0% 26.91%
10 Yr -1.8%* -3.6% 13.2% 90.53%

* Annualized

Return Ranking - Calendar

Period LTBYX Return Category Return Low Category Return High Rank in Category (%)
2022 -9.5% -91.1% 101.7% 44.61%
2021 -0.2% -79.2% 102.5% 50.60%
2020 0.1% -66.1% 60.0% 72.49%
2019 0.9% -57.4% 7.6% 50.72%
2018 1.3% -35.9% 3.2% 0.79%

Total Return Ranking - Trailing

Period LTBYX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.1% -86.8% 7.5% 12.29%
1 Yr -1.8% -48.9% 15.4% 51.54%
3 Yr -2.4%* -21.5% 51.9% 52.66%
5 Yr -0.5%* -5.9% 29.0% 31.67%
10 Yr -1.8%* -3.6% 13.3% 91.71%

* Annualized

Total Return Ranking - Calendar

Period LTBYX Return Category Return Low Category Return High Rank in Category (%)
2022 -9.5% -91.1% 101.7% 44.45%
2021 -0.2% -79.2% 102.5% 50.62%
2020 0.1% -66.1% 60.0% 72.46%
2019 0.9% -57.4% 7.6% 51.88%
2018 1.3% -35.9% 3.2% 0.85%

NAV & Total Return History

LTBYX - Holdings

Concentration Analysis

LTBYX Category Low Category High LTBYX % Rank
Net Assets 1.8 B 2.87 M 73.9 B 20.74%
Number of Holdings 660 1 14000 15.80%
Net Assets in Top 10 249 M -317 M 8.64 B 11.23%
Weighting of Top 10 13.94% 2.4% 100.0% 72.05%

Top 10 Holdings

  1. PORT AUTH N Y & N J SPL OBLIG REV 5.75% 2.78%
  2. NEW YORK N Y CITY HEALTH & HOSP CORP REV 5% 2.31%
  3. PORT AUTH N Y & N J SPL OBLIG REV 6.5% 2.30%
  4. CHILDRENS TR FD P R TOB SETTLEMENT REV 5.5% 2.20%
  5. ERIE CNTY N Y TOB ASSET SECURITIZATION CORP TOB SETTLEMENT REV 5% 1.70%
  6. NEW YORK ST MTG AGY HOMEOWNER MTG REV 0.08% 1.64%
  7. NEW YORK N Y 5% 1.63%
  8. NEW YORK N Y 5% 1.49%
  9. PORT AUTH N Y & N J SPL OBLIG REV 5.75% 1.46%
  10. NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5% 1.43%

Asset Allocation

Weighting Return Low Return High LTBYX % Rank
Bonds 		100.57% 0.00% 150.86% 6.25%
Stocks 		0.00% -0.03% 4.63% 33.94%
Preferred Stocks 		0.00% -1.79% 0.04% 31.64%
Other 		0.00% -13.03% 30.01% 32.60%
Convertible Bonds 		0.00% 0.00% 0.93% 31.74%
Cash 		-0.56% -50.86% 100.00% 93.65%

Bond Sector Breakdown

Weighting Return Low Return High LTBYX % Rank
Municipal 		97.76% 0.00% 100.00% 68.81%
Cash & Equivalents 		2.24% 0.00% 100.00% 29.82%
Derivative 		0.00% 0.00% 21.68% 31.60%
Securitized 		0.00% 0.00% 5.93% 32.88%
Corporate 		0.00% 0.00% 9.99% 43.11%
Government 		0.00% 0.00% 52.02% 36.58%

Bond Geographic Breakdown

Weighting Return Low Return High LTBYX % Rank
US 		91.01% 0.00% 142.23% 86.39%
Non US 		9.56% 0.00% 62.14% 2.97%

LTBYX - Expenses

Operational Fees

LTBYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.63% 0.02% 3.60% 40.53%
Management Fee 0.40% 0.00% 1.10% 39.48%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.44% N/A

Sales Fees

LTBYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 4.90% N/A
Deferred Load N/A 0.25% 5.00% N/A

Trading Fees

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

LTBYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 283.00% 32.20%

LTBYX - Distributions

Dividend Yield Analysis

LTBYX Category Low Category High LTBYX % Rank
Dividend Yield 3.34% 0.00% 35.27% 15.51%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

LTBYX Category Low Category High LTBYX % Rank
Net Income Ratio 2.26% -0.53% 24.00% 32.67%

Capital Gain Distribution Analysis

LTBYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

LTBYX - Fund Manager Analysis

Managers

Scott Cottier

Start Date

Tenure

Tenure Rank

Sep 30, 2002

19.68

19.7%

Mr. Cottier has been a Senior Vice President of OppenheimerFunds, Inc. since January 2017 and a Senior Portfolio Manager of OppenheimerFunds, Inc. since September 2002. He was Vice President of OppenheimerFunds, Inc. from September 2002 to December 2016. Mr. Cottier is a co-team leader, a portfolio manager, an officer, and a trader for the Fund and other Oppenheimer funds. Cottier has been a vice president and a senior portfolio manager with OppenheimerFunds, Inc. He has been a vice president of OppenheimerFunds, Inc. since 2002. Prior to joining it in 2002, Cottier was a portfolio manager and trader at Victory Capital Management from 1999 to 2002.

Mark DeMitry

Start Date

Tenure

Tenure Rank

Sep 30, 2006

15.68

15.7%

Mr. DeMitry has been a Vice President and Senior Portfolio Manager of OppenheimerFunds Inc since July 2009. He was an Associate Portfolio Manager with OppenheimerFunds Inc from September 2006 to June 2009. DeMitry has been an associate portfolio manager with OppenheimerFunds since September 2006 and has been a research analyst of OppenheimerFunds, Inc. since June 2003; a credit analyst of OppenheimerFunds, Inc. from July 2001 to May 2003; an associate regional sales representative of OppenheimerFunds, Inc. from December 2000 to June 2001.

Michael Camarella

Start Date

Tenure

Tenure Rank

Jan 31, 2008

14.34

14.3%

Mr. Camarella has been a Vice President and Senior Portfolio Manager of the OppenheimerFunds Inc since January 2011. He was an Assistant Vice President of OppenheimerFunds Inc from July 2009 to December 2010 and an Associate Portfolio Manager with OppenheimerFunds Inc from January 2008 to December 2010. Camarella has been a research analyst of OppenheimerFunds since February 2006. Camarella was a credit analyst of the manager from June 2003 to January 2006. Prior to joining the firm, he was employed as an investment banking analyst for Wachovia Securities in Charlotte, North Carolina.

Mark Paris

Start Date

Tenure

Tenure Rank

Jun 21, 2019

2.95

3.0%

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.

Tim O'Reilly

Start Date

Tenure

Tenure Rank

Apr 30, 2020

2.08

2.1%

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."

Julius Williams

Start Date

Tenure

Tenure Rank

Apr 30, 2020

2.08

2.1%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.05 7.21 1.58

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