About IOMUX
The Invesco Environmental Focus Municipal Fund Class R6 is a mutual fund designed to provide a high level of current income that is exempt from federal income tax, while emphasizing preservation of capital. With a focus on **municipal securities** issued by entities involved in projects or technologies with significant positive environmental impacts, the fund integrates **environmental sustainability criteria** into its investment process. The portfolio is diversified, holding approximately 76 securities and allocating a substantial portion of its assets to states such as New York, Minnesota, California, Illinois, and Washington D.C..
Notable for its institutional share class structure, Class R6 features a **low expense ratio** and a **high minimum investment requirement** relative to other share classes, aiming to attract large institutional investors. The fund distributes income on a monthly basis and maintains a relatively low beta, signaling limited volatility compared to broader equity markets. By leveraging proprietary research and ESG expertise, the fund seeks to identify municipal bonds whose proceeds contribute to measurable, beneficial environmental outcomes, positioning itself at the intersection of fixed-income investing and environmental impact.
Fund Family Invesco
Category Muni National Long
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol IOMUX
Share Class Class R6
Index S&P Municipal Bond TR USD
IOMUX had a total return of 3.65% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.20%.
