OCABX: Invesco OppenheimerRchCaMncpl A

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OCABX Invesco OppenheimerRchCaMncpl A


Profile

OCABX - Profile

Vitals

  • YTD Return 0.8%
  • 3 Yr Annualized Return 7.0%
  • 5 Yr Annualized Return 5.6%
  • Net Assets $1.63 B
  • Holdings in Top 10 13.6%

52 WEEK LOW AND HIGH

$9.02
$8.40
$9.05

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.13%

SALES FEES

  • Front Load 4.25%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 37.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA $250

Fund Classification


Distributions

  • YTD Total Return 0.8%
  • 3 Yr Annualized Total Return 5.5%
  • 5 Yr Annualized Total Return 4.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.36%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Invesco Oppenheimer Rochester California Municipal Fund
  • Fund Family Name
    Invesco
  • Inception Date
    Nov 03, 1988
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

Under normal market conditions, and as a fundamental policy, 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 and, as applicable, the fund's state income tax. Additionally, under normal market conditions, it invests at least 80% of its net assets in California municipal securities and in derivatives and other instruments that have economic characteristics similar to such securities.


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Categories

Performance

OCABX - Performance

Return Ranking - Trailing

Period OCABX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.8% -3.0% 303.2% 1.53%
1 Yr 10.1% -3.4% 299.2% 0.52%
3 Yr 7.0%* -0.9% 58.9% 0.57%
5 Yr 5.6%* -0.9% 31.6% 0.64%
10 Yr 6.9%* -0.3% 15.0% 0.77%

* Annualized

Return Ranking - Calendar

Period OCABX Return Category Return Low Category Return High Rank in Category (%)
2019 6.3% 2.4% 8.8% 8.33%
2018 2.6% -6.2% 2.8% 2.17%
2017 -0.1% -0.2% 6.8% 98.21%
2016 -1.8% -7.9% -1.7% 2.52%
2015 -1.8% -1.9% 1.8% 98.08%

Total Return Ranking - Trailing

Period OCABX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.8% -3.0% 303.2% 1.53%
1 Yr 5.4% -3.4% 299.2% 1.04%
3 Yr 5.5%* -0.9% 59.1% 0.57%
5 Yr 4.7%* -0.9% 31.9% 0.64%
10 Yr 6.5%* -0.3% 15.5% 0.77%

* Annualized

Total Return Ranking - Calendar

Period OCABX Return Category Return Low Category Return High Rank in Category (%)
2019 6.9% 2.4% 8.8% 5.73%
2018 2.0% -6.2% 2.8% 2.17%
2017 -0.1% -0.2% 6.9% 98.21%
2016 -1.8% -7.9% 0.8% 6.92%
2015 -1.8% -1.9% 3.7% 98.08%

NAV & Total Return History


Holdings

OCABX - Holdings

Concentration Analysis

OCABX Category Low Category High OCABX % Rank
Net Assets 1.63 B 2.99 M 17.2 B 23.98%
Number of Holdings 472 20 4740 22.45%
Net Assets in Top 10 217 M -115 M 3.01 B 20.41%
Weighting of Top 10 13.60% 3.5% 68.6% 73.98%

Top 10 Holdings

  1. CALIFORNIA MUN FIN AUTH LEASE REV 5% 2.01%
  2. LOS ANGELES CALIF DEPT ARPTS REV 5% 1.66%
  3. SAN MATEO CNTY CALIF JT PWRS FING AUTH LEASE REV 5% 1.40%
  4. CALIFORNIA MUN FIN AUTH REV 5% 1.36%
  5. UNIVERSITY CALIF REVS 5% 1.24%
  6. CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY TOB SETTLEMENT REV 0% 1.21%
  7. CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY TOB SETTLEMENT REV 0% 1.19%
  8. LOS ANGELES CALIF DEPT WTR & PWR REV 5% 1.19%
  9. CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 1.25% 1.19%
  10. CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY TOB SETTLEMENT REV 6% 1.17%

Asset Allocation

Weighting Return Low Return High OCABX % Rank
Bonds
99.82% 88.08% 139.13% 41.33%
Cash
0.18% -39.12% 11.92% 56.12%
Stocks
0.00% 0.00% 0.10% 99.49%
Preferred Stocks
0.00% 0.00% 0.00% 99.49%
Other
0.00% 0.00% 3.39% 95.41%
Convertible Bonds
0.00% 0.00% 0.00% 99.49%

Bond Sector Breakdown

Weighting Return Low Return High OCABX % Rank
Municipal
99.82% 49.29% 101.06% 41.84%
Cash & Equivalents
0.18% -0.27% 13.85% 55.10%
Derivative
0.00% 0.00% 0.00% 99.49%
Securitized
0.00% 0.00% 0.00% 99.49%
Corporate
0.00% 0.00% 2.58% 99.49%
Government
0.00% -0.79% 49.18% 98.98%

Bond Geographic Breakdown

Weighting Return Low Return High OCABX % Rank
US
93.04% 85.92% 134.71% 76.53%
Non US
6.78% 0.00% 9.10% 6.63%

Expenses

OCABX - Expenses

Operational Fees

OCABX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.13% 0.09% 3.74% 32.47%
Management Fee 0.44% 0.00% 0.65% 40.31%
12b-1 Fee 0.25% 0.00% 1.00% 60.38%
Administrative Fee N/A 0.01% 0.33% N/A

Sales Fees

OCABX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.25% 2.25% 4.75% 39.53%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

OCABX 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.

OCABX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 37.00% 2.00% 235.00% 71.28%

Distributions

OCABX - Distributions

Dividend Yield Analysis

OCABX Category Low Category High OCABX % Rank
Dividend Yield 0.00% 0.00% 0.60% 100.00%

Dividend Distribution Analysis

OCABX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

OCABX Category Low Category High OCABX % Rank
Net Income Ratio 4.36% 0.73% 5.75% 4.64%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

OCABX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 31.69 9.4 7.51