Invesco Rochester® Municipal Opportunities Fund Class R5 (IORHX)
| Fund Assets | 8.71B |
| Expense Ratio | 1.05% |
| Min. Investment | $1,000,000 |
| Turnover | 25.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 5.66% |
| Dividend Growth | -0.16% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 6.60 |
| YTD Return | 0.78% |
| 1-Year Return | 2.01% |
| 5-Year Return | 4.97% |
| 52-Week Low | 6.04 |
| 52-Week High | 6.60 |
| Beta (5Y) | n/a |
| Holdings | 1532 |
| Inception Date | May 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.
Performance
IORHX had a total return of 2.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.32%.
Top 10 Holdings
11.58% of assets| Name | Symbol | Weight |
|---|---|---|
| Usd Currency Cash | n/a | 3.07% |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | OH.BUCGEN 5 06.01.2055 | 1.46% |
| CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY TOB SETTLEMENT REV 0% | CA.CASGEN 0 06.01.2050 | 1.38% |
| CHILDRENS TR FD P R TOB SETTLEMENT REV 5.625% | PR.CHIGEN 5.62 05.15.2043 | 1.28% |
| DISTRICT COLUMBIA TOB SETTLEMENT FING CORP 0% | DC.DISGEN 0 06.15.2055 | 1.04% |
| PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 5.25% | SC.PEGUTL 10.01.2054 | 0.81% |
| FLORIDA DEV FIN CORP REV 5.25% | FL.FLSDEV 5.25 07.01.2047 | 0.74% |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 12% | CA.CASDEV 01.01.2065 | 0.68% |
| DISTRICT COLUMBIA TOB SETTLEMENT FING CORP 0% | DC.DISGEN 0 06.15.2055 | 0.57% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 0% | PR.PRCGEN 0 07.01.2046 | 0.56% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.0314 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0314 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0314 | Nov 28, 2025 |
| Oct 31, 2025 | $0.0314 | Oct 31, 2025 |
| Sep 30, 2025 | $0.0314 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0309 | Aug 29, 2025 |