Morningstar

Invesco Rochester® New York Municipals A RMUNX

Morningstar Medalist Rating
Medalist Rating as of | See Invesco Investment Hub
  • NAV / 1-Day Return 15.48  /  +0.08 %
  • Total Assets 4.6 Bil
  • Adj. Expense Ratio
    0.780%
  • Expense Ratio 1.270%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Muni New York Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.96%
  • Effective Duration 9.92 years

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

Morningstar’s Analysis RMUNX

Will RMUNX 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 RMUNX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RMUNX 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 RMUNX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Invesco Rochester ® New York Municipals A's Average Process Pillar and People Pillar ratings result in a Morningstar Medalist Rating of Neutral.

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 second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings RMUNX

More RMUNX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MTA HUDSON RAIL YARDS TR OBLIGS REV 5%

1.76 79.9 Mil
municipal

NEW YORK N Y 5.25%

1.46 66.3 Mil
municipal

UNIVERSITY P R UNIV REVS 5%

1.42 64.4 Mil
municipal

LIBERTY N Y DEV CORP REV 5.25%

1.36 61.5 Mil
municipal

NEW YORK TRANSN DEV CORP SPL FAC REV 5.25%

0.97 43.9 Mil
municipal

CHILDRENS TR FD P R TOB SETTLEMENT REV 0%

0.97 43.9 Mil
municipal

NEW YORK ST TWY AUTH GEN REV JR INDBT OBLIGS 4%

0.96 43.8 Mil
municipal

NASSAU CNTY N Y TOBACCO SETTLEMENT CORP 0%

0.89 40.4 Mil
municipal

NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 4%

0.89 40.3 Mil
municipal

NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 4%

0.84 38.3 Mil
municipal

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