Invesco New Jersey Municipal R6 (IORJX)
| Fund Assets | 398.63M |
| Expense Ratio | 0.85% |
| Min. Investment | $1,000,000 |
| Turnover | 25.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.91% |
| Dividend Growth | 9.27% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 8.95 |
| YTD Return | 1.93% |
| 1-Year Return | 6.00% |
| 5-Year Return | 5.74% |
| 52-Week Low | 8.49 |
| 52-Week High | 8.98 |
| Beta (5Y) | n/a |
| Holdings | 156 |
| Inception Date | May 24, 2019 |
About IORJX
The Invesco New Jersey Municipal Fund Class R6 is an open-ended fixed-income mutual fund designed to provide investors with tax-free income by investing primarily in municipal securities issued by the state of New Jersey. The fund seeks to deliver income that is exempt from both federal and New Jersey individual income taxes, making it particularly relevant for residents of New Jersey and those seeking tax-advantaged fixed-income solutions. Its portfolio consists mainly of investment-grade New Jersey municipal bonds, notes, and leases with varying maturities, and it may include both rated and unrated securities to capitalize on relative value opportunities. The fund is managed using rigorous credit research, emphasizing thorough fundamental analysis and internal credit ratings to assess risk and return potential. As a non-diversified fund, it often holds a concentrated portfolio, with the top ten holdings comprising a significant portion of assets. The Invesco New Jersey Municipal Fund Class R6 is benchmarked to major municipal bond indices, reflecting its focus on delivering consistent, tax-exempt income and strong risk-adjusted performance within the municipal fixed-income market.
Performance
IORJX had a total return of 6.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.61%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.0301 | Jun 30, 2026 |
| May 29, 2026 | $0.0301 | May 29, 2026 |
| Apr 30, 2026 | $0.0301 | Apr 30, 2026 |
| Mar 31, 2026 | $0.0301 | Mar 31, 2026 |
| Feb 27, 2026 | $0.0301 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0301 | Jan 30, 2026 |