ORSTX – Invesco Short Term Municipal A Fund Stock Price | Morningstar

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NAV / 1-Day Return 3.72 / +0.03 %
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 3.12%
Effective Duration 1.55 years

USD | NAV as of May 17, 2024 | 1-Day Return as of May 17, 2024, 10:16 PM GMT+0

Will ORSTX outperform in future?

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

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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.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Invesco Short Term Municipal A 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 highest quintile among peers.

by Morningstar Manager Research

Rated on Mar 31, 2024 Published on Mar 31, 2024

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