Invesco California Municipal Fund Class R6 (IORCX)
| Fund Assets | 2.09B |
| Expense Ratio | 0.84% |
| Min. Investment | $1,000,000 |
| Turnover | 19.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 4.51% |
| Dividend Growth | 2.44% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 7.53 |
| YTD Return | -5.60% |
| 1-Year Return | -3.81% |
| 5-Year Return | -1.23% |
| 52-Week Low | 7.49 |
| 52-Week High | 8.29 |
| Beta (5Y) | n/a |
| Holdings | 703 |
| Inception Date | May 24, 2019 |
About IORCX
Invesco California Municipal Fund Class R6 is an actively managed municipal bond mutual fund tailored for investors seeking federally and California state tax-exempt income. The fund primarily invests in a diversified portfolio of investment-grade municipal securities issued by California state and local entities, with the goal of delivering a high level of current interest income exempt from both federal and California personal income taxes. Notable holdings include bonds from large issuers such as the San Francisco Airport Commission, California County Tobacco Securitization Agency, and various public utilities and educational institutions. The fund maintains a substantial asset base and targets preservation of capital alongside tax efficiency, making it a key tool for high-net-worth individuals or institutional investors with significant tax liabilities in California. Managed by Invesco since 2019, this share class requires a high minimum investment and is designed for institutional accounts, offering monthly income distributions and exposure to the essential infrastructure sectors within California’s municipal marketplace.
Performance
IORCX had a total return of -3.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.96%.
Top 10 Holdings
12.40% of assets| Name | Symbol | Weight |
|---|---|---|
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | CA.SFOAPT 5 05.01.2049 | 2.25% |
| CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY TOB SETTLEMENT REV 0% | CA.CASGEN 0 06.01.2055 | 1.53% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 01.01.2055 | 1.36% |
| CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY TOB SETTLEMENT REV 0% | CA.CASGEN 0 06.01.2055 | 1.29% |
| SAN DIEGO CNTY CALIF REGL ARPT AUTH ARPT REV 5% | CA.SDGAPT 5 07.01.2056 | 1.12% |
| CALIFORNIA HEALTH FACS FING AUTH REV 5% | CA.CASMED 5 11.15.2046 | 1.02% |
| LOS ANGELES CALIF DEPT WTR & PWR REV 5% | CA.LOSUTL 5 07.01.2047 | 0.99% |
| UNIVERSITY CALIF REVS 5% | CA.UNVHGR 5 05.15.2048 | 0.97% |
| Usd Currency Cash | n/a | 0.95% |
| CALIFORNIA MUN FIN AUTH SPL FAC REV 4% | CA.CASFIN 4 07.15.2029 | 0.93% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.0288 | Jun 30, 2025 |
| May 30, 2025 | $0.0282 | May 30, 2025 |
| Apr 30, 2025 | $0.0289 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0288 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0288 | Feb 28, 2025 |
| Jan 31, 2025 | $0.0282 | Jan 31, 2025 |