Invesco Oppenheimer Short Term Municipal Fund
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.3%
1 yr return
-0.8%
3 Yr Avg Return
-0.4%
5 Yr Avg Return
N/A
Net Assets
$2.72 B
Holdings in Top 10
13.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.44%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
STMUX - Profile
Distributions
- YTD Total Return -0.3%
- 3 Yr Annualized Total Return -0.4%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.93%
- Dividend Yield 2.9%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameInvesco Short Term Municipal Fund
-
Fund Family NameInvesco
-
Inception DateMay 24, 2019
-
Shares OutstandingN/A
-
Share ClassRetirement
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMark Paris
Fund Description
STMUX - Performance
Return Ranking - Trailing
Period | STMUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.3% | -86.8% | 7.5% | 41.47% |
1 Yr | -0.8% | -48.9% | 15.3% | 25.23% |
3 Yr | -0.4%* | -21.5% | 51.9% | 26.50% |
5 Yr | N/A* | -5.9% | 29.0% | 37.16% |
10 Yr | N/A* | -3.6% | 13.2% | 54.79% |
* Annualized
Return Ranking - Calendar
Period | STMUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2022 | -1.6% | -91.1% | 101.7% | 18.16% |
2021 | -0.1% | -79.2% | 102.5% | 48.68% |
2020 | 0.4% | -66.1% | 60.0% | 53.77% |
2019 | N/A | -57.4% | 7.6% | N/A |
2018 | N/A | -35.9% | 3.2% | N/A |
Total Return Ranking - Trailing
Period | STMUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.3% | -86.8% | 7.5% | 42.28% |
1 Yr | -0.8% | -48.9% | 15.4% | 12.93% |
3 Yr | -0.4%* | -21.5% | 51.9% | 28.31% |
5 Yr | N/A* | -5.9% | 29.0% | 29.87% |
10 Yr | N/A* | -3.6% | 13.3% | 51.20% |
* Annualized
Total Return Ranking - Calendar
Period | STMUX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2022 | -1.6% | -91.1% | 101.7% | 18.16% |
2021 | -0.1% | -79.2% | 102.5% | 48.71% |
2020 | 0.4% | -66.1% | 60.0% | 53.75% |
2019 | N/A | -57.4% | 7.6% | N/A |
2018 | N/A | -35.9% | 3.2% | N/A |
NAV & Total Return History
STMUX - Holdings
Concentration Analysis
STMUX | Category Low | Category High | STMUX % Rank | |
---|---|---|---|---|
Net Assets | 2.72 B | 2.87 M | 73.9 B | 14.11% |
Number of Holdings | 879 | 1 | 14000 | 10.18% |
Net Assets in Top 10 | 383 M | -317 M | 8.64 B | 6.44% |
Weighting of Top 10 | 13.67% | 2.4% | 100.0% | 73.66% |
Top 10 Holdings
- SUFFOLK CNTY N Y 2.5% 2.67%
- NORTH CAROLINA MED CARE COMMN HEALTH CARE FACS REV 0.07% 2.37%
- RIVERSIDE CALIF CTFS PARTN 0.01% 2.09%
- PENNSYLVANIA ST HIGHER EDL FACS AUTH REV 1.08% 2.07%
- MIZUHO FLOATER / RESIDUAL TR VAR STS 0.29% 1.87%
- JEA FLA ELEC SYS REV 0.1% 1.81%
- KING CNTY WASH 0.35% 1.81%
- NASSAU CNTY N Y INTERIM FIN AUTH 0.11% 1.72%
- NEW YORK N Y 0.41% 1.67%
- TEXAS MUN GAS ACQUISITION & SUPPLY CORP I GAS SUPPLY REV 6.25% 1.66%
Asset Allocation
Weighting | Return Low | Return High | STMUX % Rank | |
---|---|---|---|---|
Bonds | 97.13% | 0.00% | 150.86% | 74.91% |
Cash | 2.87% | -50.86% | 100.00% | 24.29% |
Stocks | 0.00% | -0.03% | 4.63% | 86.13% |
Preferred Stocks | 0.00% | -1.79% | 0.04% | 84.93% |
Other | 0.00% | -13.03% | 30.01% | 84.34% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 85.07% |
Bond Sector Breakdown
Weighting | Return Low | Return High | STMUX % Rank | |
---|---|---|---|---|
Municipal | 97.12% | 0.00% | 100.00% | 74.02% |
Cash & Equivalents | 2.87% | 0.00% | 100.00% | 24.93% |
Corporate | 0.01% | 0.00% | 9.99% | 16.07% |
Derivative | 0.00% | 0.00% | 21.68% | 84.38% |
Securitized | 0.00% | 0.00% | 5.93% | 84.93% |
Government | 0.00% | 0.00% | 52.02% | 85.21% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | STMUX % Rank | |
---|---|---|---|---|
US | 96.47% | 0.00% | 142.23% | 61.23% |
Non US | 0.66% | 0.00% | 62.14% | 48.45% |
STMUX - Expenses
Operational Fees
STMUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.44% | 0.02% | 3.60% | 65.24% |
Management Fee | 0.37% | 0.00% | 1.10% | 33.69% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.44% | N/A |
Sales Fees
STMUX 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
STMUX 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.
STMUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 283.00% | 96.75% |
STMUX - Distributions
Dividend Yield Analysis
STMUX | Category Low | Category High | STMUX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.86% | 0.00% | 35.27% | 62.27% |
Dividend Distribution Analysis
STMUX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
STMUX | Category Low | Category High | STMUX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.93% | -0.53% | 24.00% | 88.67% |
Capital Gain Distribution Analysis
STMUX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Nov 30, 2022 | $0.007 | OrdinaryDividend |
Oct 31, 2022 | $0.006 | OrdinaryDividend |
Sep 30, 2022 | $0.005 | OrdinaryDividend |
Aug 31, 2022 | $0.004 | OrdinaryDividend |
Jul 29, 2022 | $0.004 | OrdinaryDividend |
Jun 30, 2022 | $0.004 | OrdinaryDividend |
May 31, 2022 | $0.004 | OrdinaryDividend |
Apr 29, 2022 | $0.002 | OrdinaryDividend |
Mar 31, 2022 | $0.002 | OrdinaryDividend |
Feb 28, 2022 | $0.002 | OrdinaryDividend |
Jan 31, 2022 | $0.002 | OrdinaryDividend |
Dec 31, 2021 | $0.002 | OrdinaryDividend |
Nov 30, 2021 | $0.002 | OrdinaryDividend |
Oct 29, 2021 | $0.002 | OrdinaryDividend |
Sep 30, 2021 | $0.002 | OrdinaryDividend |
Aug 31, 2021 | $0.002 | OrdinaryDividend |
Jul 30, 2021 | $0.002 | OrdinaryDividend |
Jun 30, 2021 | $0.002 | OrdinaryDividend |
May 28, 2021 | $0.003 | OrdinaryDividend |
Apr 30, 2021 | $0.003 | OrdinaryDividend |
Mar 31, 2021 | $0.004 | OrdinaryDividend |
Feb 26, 2021 | $0.004 | OrdinaryDividend |
Jan 29, 2021 | $0.004 | OrdinaryDividend |
Dec 31, 2020 | $0.004 | OrdinaryDividend |
Nov 24, 2020 | $0.004 | OrdinaryDividend |
Oct 27, 2020 | $0.005 | OrdinaryDividend |
Sep 22, 2020 | $0.005 | OrdinaryDividend |
Aug 25, 2020 | $0.006 | OrdinaryDividend |
Jul 28, 2020 | $0.006 | OrdinaryDividend |
Jun 23, 2020 | $0.007 | OrdinaryDividend |
May 26, 2020 | $0.007 | OrdinaryDividend |
Apr 21, 2020 | $0.005 | OrdinaryDividend |
Mar 24, 2020 | $0.005 | OrdinaryDividend |
Feb 25, 2020 | $0.005 | OrdinaryDividend |
Jan 28, 2020 | $0.007 | OrdinaryDividend |
Dec 31, 2019 | $0.000 | OrdinaryDividend |
Nov 26, 2019 | $0.000 | OrdinaryDividend |
Oct 22, 2019 | $0.000 | OrdinaryDividend |
Sep 24, 2019 | $0.000 | OrdinaryDividend |
Aug 27, 2019 | $0.000 | OrdinaryDividend |
Jul 23, 2019 | $0.000 | OrdinaryDividend |
Jun 25, 2019 | $0.007 | DailyAccrualFund |
May 29, 2019 | $0.000 | DailyAccrualFund |
STMUX - Fund Manager Analysis
Managers
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.
Julius Williams
Start Date
Tenure
Tenure Rank
Dec 20, 2019
2.45
2.5%
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.
Tim O'Reilly
Start Date
Tenure
Tenure Rank
Dec 20, 2019
2.45
2.5%
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."
Rebecca Setcavage
Start Date
Tenure
Tenure Rank
Dec 20, 2019
2.45
2.5%
Rebecca Setcavage, Portfolio Manager, has been associated with Invesco and/or its affiliates since 2019. Prior to that, Ms. Setcavage was associated with OppenheimerFunds, a global asset management firm, since 2017. From 2004 to 2017, she was employed by T. Rowe Price where she last served as a Portfolio Investment Analyst.
Michael Magee
Start Date
Tenure
Tenure Rank
Jul 30, 2021
0.84
0.8%
Michael Magee, Portfolio Manager, who has been responsible for the Fund since 2021 and has been associated with Invesco and/or its affiliates since 2010.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.21 | 1.58 |