Invesco Rochester® Municipal Opportunities Fund Class R5 (IORHX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
6.33
0.00 (0.00%)
Jul 28, 2025, 4:00 PM EDT
Fund Assets9.14B
Expense Ratio1.05%
Min. Investment$1,000,000
Turnover25.00%
Dividend (ttm)0.37
Dividend Yield5.89%
Dividend Growth1.88%
Payout FrequencyMonthly
Ex-Dividend DateJun 30, 2025
Previous Close6.33
YTD Return-5.92%
1-Year Return-3.74%
5-Year Return2.58%
52-Week Low6.31
52-Week High7.03
Beta (5Y)n/a
Holdings1563
Inception DateMay 24, 2019

About IORHX

The Invesco Rochester Municipal Opportunities Fund R5 is a mutual fund specializing in the municipal bond market, with a primary aim to generate **tax-free income** for investors. The fund invests across a wide spectrum of **municipal securities**, including both high-yield (below-investment-grade) and investment-grade bonds. Notably, the fund often allocates a significant portion—typically between 50% and 70%—to below-investment-grade or non-rated municipal bonds at the time of purchase, seeking to enhance yield through this exposure to higher-risk sectors. Managed by an experienced credit research team, the fund employs a diversified portfolio encompassing more than 1,500 holdings from approximately 800 issuers. This diversity is intended to mitigate the risks associated with high-yield investments, while extensive in-house analysis helps capture opportunities and inefficiencies in the municipal bond market. The income produced by the fund’s holdings is generally **exempt from federal personal income taxes**. With a long track record dating back to the early 1990s and consistent monthly distributions, the fund is positioned for long-term investors seeking competitive, tax-advantaged yield from the municipal sector. Its role in the financial market centers on providing access to a segment of the municipal bond market that many individual investors may find difficult to reach independently, especially non-rated and high-yield opportunities.

Fund Family Invesco
Category High Yield Muni
Stock Exchange NASDAQ
Ticker Symbol IORHX
Share Class Class R5
Index S&P Municipal Bond High Yield TR USD

Performance

IORHX had a total return of -3.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.47%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
IORYXClass R60.98%
ORNYXClass Y1.05%
ORNAXClass A1.30%
ORNCXClass C1.95%

Top 10 Holdings

11.22% of assets
NameSymbolWeight
Usd Currency Cashn/a2.08%
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%OH.BUCGEN 5 06.01.20551.73%
CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY TOB SETTLEMENT REV 0%CA.CASGEN 0 06.01.20501.24%
CHILDRENS TR FD P R TOB SETTLEMENT REV 5.625%PR.CHIGEN 5.62 05.15.20431.19%
PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 5.25%SC.PEGUTL 10.01.20541.18%
DISTRICT COLUMBIA TOB SETTLEMENT FING CORP 0%DC.DISGEN 0 06.15.20550.96%
FLORIDA DEV FIN CORP REV 5.25%FL.FLSDEV 5.25 07.01.20470.81%
MTA HUDSON RAIL YARDS TR OBLIGS REV 5%NY.MTAGEN 5 11.15.20510.69%
CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 9.5%CA.CASDEV 01.01.20650.68%
PUERTO RICO COMWLTH 4%PR.PRC 4 07.01.20410.65%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jun 30, 2025$0.031Jun 30, 2025
May 30, 2025$0.0304May 30, 2025
Apr 30, 2025$0.0309Apr 30, 2025
Mar 31, 2025$0.0312Mar 31, 2025
Feb 28, 2025$0.0311Feb 28, 2025
Jan 31, 2025$0.0312Jan 31, 2025
Full Dividend History