Invesco AMT-Free Municipal Income Fund Class R6 (IORAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
6.89
-0.01 (-0.14%)
Feb 27, 2025, 4:00 PM EST
-1.29%
Fund Assets 2.04B
Expense Ratio 0.57%
Min. Investment $1,000,000
Turnover n/a
Dividend (ttm) 0.28
Dividend Yield 4.14%
Dividend Growth 3.25%
Payout Frequency Monthly
Ex-Dividend Date Feb 28, 2025
Previous Close 6.90
YTD Return 1.28%
1-Year Return 3.58%
5-Year Return 6.87%
52-Week Low n/a
52-Week High n/a
Beta (5Y) n/a
Holdings 631
Inception Date May 24, 2019

About IORAX

IORAX was founded on 2019-05-24. The Fund's investment strategy focuses on Gen & Ins Muni with 0.47% total expense ratio. The minimum amount to invest in AIM Tax-Exempt Funds (Invesco Tax-Exempt Funds): Invesco AMT-Free Municipal Fd; Cl R6 Sh is $1,000,000 on a standard taxable account. AIM Tax-Exempt Funds (Invesco Tax-Exempt Funds): Invesco AMT-Free Municipal Fd; Cl R6 Sh seeks tax-free income. IORAX invests at least 80% of its net assets, plus borrowings for investment purposes, in securities the income from which, in the opinion of counsel to the issuer of each security, is exempt from regular federal individual and, as applicable, the Funds state income tax.

Category Muni National Long
Performance Rating High
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol IORAX
Share Class Class R6
Index S&P Municipal Bond 5+ Yrs Investment Grade TR USD

Performance

IORAX had a total return of 3.58% in the past year. Since the fund's inception, the average annual return has been 2.59%, including dividends.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
OMFYX Class Y 0.64%
OPTAX Class A 0.88%
OMFCX Class C 1.64%

Top 10 Holdings

8.88% of assets
Name Symbol Weight
LOS ANGELES CALIF DEPT WTR & PWR WTRWKS REV 5% CA LOSUTL 5 07.01.2042 1.09%
WASHINGTON D C MET AREA TRAN AUTH DEDICATED REV 4% DC DCTTRN 4 07.15.2045 1.03%
CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY TOB SETTLEMENT REV 0% CA CASGEN 0 06.01.2050 1.01%
INLAND EMPIRE TOBACCO SECURIZATION AUTH CALIF TOB 0% CA INEGEN 0 06.01.2057 0.92%
ILLINOIS ST TOLL HWY AUTH TOLL HIGHWAY REV 5% IL ILSTRN 5 01.01.2045 0.91%
Usd Currency Cash n/a 0.86%
MASSACHUSETTS ST 5% MA MAS 5 12.01.2035 0.85%
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% OH BUCGEN 5 06.01.2055 0.80%
TEXAS WTR DEV BRD REV 5% TX TXSWTR 5 10.15.2047 0.72%
BIRMINGHAM ALA WTRWKS BRD WTR REV 5% AL BIRWTR 5 01.01.2043 0.69%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Feb 28, 2025 $0.0236 Feb 28, 2025
Jan 31, 2025 $0.0236 Jan 31, 2025
Dec 31, 2024 $0.0236 Dec 31, 2024
Nov 29, 2024 $0.0236 Nov 29, 2024
Oct 31, 2024 $0.0236 Oct 31, 2024
Sep 30, 2024 $0.0235 Sep 30, 2024
Full Dividend History