Invesco Rochester Municipal Opps R5 (IORHX)
| Fund Assets | 8.68B |
| Expense Ratio | 1.05% |
| Min. Investment | $1,000,000 |
| Turnover | 25.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 5.66% |
| Dividend Growth | 0.92% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 6.58 |
| YTD Return | -2.20% |
| 1-Year Return | -1.82% |
| 5-Year Return | 6.04% |
| 52-Week Low | 6.31 |
| 52-Week High | 7.03 |
| Beta (5Y) | n/a |
| Holdings | 1548 |
| 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 -1.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.07%.
Top 10 Holdings
11.19% of assets| Name | Symbol | Weight |
|---|---|---|
| Usd Currency Cash | n/a | 2.11% |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | OH.BUCGEN 5 06.01.2055 | 1.69% |
| CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY TOB SETTLEMENT REV 0% | CA.CASGEN 0 06.01.2050 | 1.32% |
| CHILDRENS TR FD P R TOB SETTLEMENT REV 5.625% | PR.CHIGEN 5.62 05.15.2043 | 1.26% |
| PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 5.25% | SC.PEGUTL 10.01.2054 | 1.00% |
| DISTRICT COLUMBIA TOB SETTLEMENT FING CORP 0% | DC.DISGEN 0 06.15.2055 | 0.95% |
| FLORIDA DEV FIN CORP REV 5.25% | FL.FLSDEV 5.25 07.01.2047 | 0.79% |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 9.5% | CA.CASDEV 01.01.2065 | 0.78% |
| MTA HUDSON RAIL YARDS TR OBLIGS REV 5% | NY.MTAGEN 5 11.15.2051 | 0.74% |
| KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG 5% | MO.KANDEV 5 03.01.2054 | 0.55% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.0309 | Aug 29, 2025 |
| Jul 31, 2025 | $0.0309 | Jul 31, 2025 |
| Jun 30, 2025 | $0.031 | Jun 30, 2025 |
| May 30, 2025 | $0.0304 | May 30, 2025 |
| Apr 30, 2025 | $0.0309 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0312 | Mar 31, 2025 |