Morningstar

Invesco Short Term Municipal A ORSTX

Morningstar Medalist Rating
Medalist Rating as of | See Invesco Investment Hub
  • NAV / 1-Day Return 3.74  /  +0.01 %
  • Total Assets 1.6 Bil
  • Adj. Expense Ratio
    0.740%
  • Expense Ratio 0.740%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.20%
  • Effective Duration 1.54 years

USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:17 PM GMT+0

Morningstar’s Analysis ORSTX

Will ORSTX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ORSTX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ORSTX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ORSTX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Invesco Short Term Municipal A's Average Process and People Pillar ratings are n't enough to prevent other weaknesses from sending this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings ORSTX

More ORSTX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 8.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Usd Currency Cash

1.83 28.6 Mil
Cash and Equivalents

CITIZENS PPTY INS CORP FLA 5%

1.31 20.4 Mil
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV 5%

1.28 20.1 Mil
municipal

NORTH TEX TWY AUTH REV 5%

0.91 14.3 Mil
municipal

TENNESSEE ENERGY ACQUISITION CORP GAS REV 4%

0.90 14.1 Mil
municipal

PEFA INC IOWA GAS PROJ REV 5%

0.88 13.8 Mil
municipal

CONNECTICUT ST 5%

0.84 13.2 Mil
municipal

NEW YORK N Y 3%

0.82 12.9 Mil
municipal

NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY HSG REV 3.4%

0.82 12.8 Mil
municipal

BAY AREA TOLL AUTH CALIF TOLL BRDG REV 2.75%

0.80 12.5 Mil
municipal

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