Invesco Limited Term CA Municipal R6 (IORLX)
| Fund Assets | 830.41M |
| Expense Ratio | 0.52% |
| Min. Investment | $1,000,000 |
| Turnover | 25.00% |
| Dividend (ttm) | 0.11 |
| Dividend Yield | 3.48% |
| Dividend Growth | 6.94% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 3.100 |
| YTD Return | 0.85% |
| 1-Year Return | 1.57% |
| 5-Year Return | 5.66% |
| 52-Week Low | 3.020 |
| 52-Week High | 3.150 |
| Beta (5Y) | n/a |
| Holdings | 417 |
| Inception Date | May 24, 2019 |
About IORLX
Invesco Limited Term California Municipal Fund R6 is an open-end municipal bond fund focused on generating federally tax‑exempt income by investing primarily in investment‑grade California municipal securities with a shorter‑to‑intermediate maturity profile. The strategy emphasizes limited duration to help manage interest‑rate sensitivity while targeting consistent tax‑advantaged income streams for investors subject to California and federal income taxes. The portfolio spans essential public finance sectors, including transportation infrastructure, airports, water and power utilities, education, and health care, reflecting diversified exposure to the state’s revenue and general obligation issuers. Benchmarked to the S&P Municipal California Investment Grade 4–7 Years Bond Index, the fund seeks risk‑aware participation in California’s muni market through disciplined credit research and duration positioning. The R6 share class is designed for institutional and retirement plans and carries a relatively low net expense ratio within its peer group, supporting cost‑efficient access to the single‑state, short‑intermediate municipal category. Investors should note potential risks unique to municipal markets, including credit, interest‑rate, liquidity, and tax status considerations.
Performance
IORLX had a total return of 1.57% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.65%.
Top 10 Holdings
19.68% of assets| Name | Symbol | Weight |
|---|---|---|
| BAY AREA TOLL AUTH CALIF TOLL BRDG REV 2.55% | CA.BAYTRN 04.01.2059 | 3.03% |
| LOS ANGELES CALIF DEPT WTR & PWR REV 2.85% | CA.LOSUTL 07.01.2050 | 2.42% |
| LOS ANGELES CALIF DEPT ARPTS REV 5% | CA.LOSAPT 5 05.15.2041 | 2.01% |
| Usd Currency Cash | n/a | 2.00% |
| LONG BEACH CALIF HBR REV 5% | CA.LONTRN 5 05.15.2040 | 1.96% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 02.01.2055 | 1.93% |
| CALIFORNIA MUN FIN AUTH SPL FAC REV 4% | CA.CASFIN 4 07.15.2029 | 1.84% |
| CALIFORNIA PUB FIN AUTH REV 6.25% | CA.CASGEN 6.25 07.01.2054 | 1.59% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | CA.SFOAPT 5 05.01.2043 | 1.57% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | CA.SFOAPT 5 05.01.2044 | 1.32% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.0092 | Aug 29, 2025 |
| Jul 31, 2025 | $0.0092 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0092 | Jun 30, 2025 |
| May 30, 2025 | $0.009 | May 30, 2025 |
| Apr 30, 2025 | $0.0092 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0092 | Mar 31, 2025 |