Invesco Rochester New York MunicipalsR6 (IORUX)
| Fund Assets | 3.91B |
| Expense Ratio | 0.85% |
| Min. Investment | $1,000,000 |
| Turnover | 13.00% |
| Dividend (ttm) | 0.69 |
| Dividend Yield | 4.78% |
| Dividend Growth | 5.55% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 14.40 |
| YTD Return | -3.15% |
| 1-Year Return | -3.66% |
| 5-Year Return | 3.03% |
| 52-Week Low | 13.69 |
| 52-Week High | 15.60 |
| Beta (5Y) | n/a |
| Holdings | 613 |
| Inception Date | May 24, 2019 |
About IORUX
Invesco Rochester New York Municipals Fund Class R6 is an open-end mutual fund primarily investing in municipal bonds issued within New York State. The fund’s chief purpose is to offer investors a high level of income that is exempt from federal, New York State, and New York City personal income taxes. It achieves this by allocating at least 80% of its assets to tax-exempt securities, with a strong emphasis on investment-grade bonds, and diversifies across a large number of holdings—over 600 issuers as of the latest data. Targeting institutions and high-net-worth investors, the fund requires a significant minimum investment and emphasizes rigorous credit analysis and risk-aware management to preserve shareholders’ capital. This mutual fund plays a vital role for investors who seek municipal fixed income exposure tied to New York, providing both a regular monthly income stream and tax advantages. Its experienced management team utilizes deep research and sector knowledge to uncover value within the state’s municipal market. By focusing on municipal debt, the fund supports infrastructure, educational, and community projects throughout New York, while serving as a core tax-efficient income solution in diversified portfolios.
Performance
IORUX had a total return of -3.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.44%.
Top 10 Holdings
11.26% of assets| Name | Symbol | Weight |
|---|---|---|
| MTA HUDSON RAIL YARDS TR OBLIGS REV 5% | NY.MTAGEN 5 11.15.2056 | 2.02% |
| UNIVERSITY P R UNIV REVS 5% | PR.UNIHGR 5 06.01.2036 | 1.62% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 5.25% | NY.NYTTRN 5.25 01.01.2050 | 1.08% |
| NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5.25% | NY.NYCUTL 5.25 06.15.2052 | 1.04% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 5.25% | NY.NYTTRN 5.25 12.31.2054 | 1.01% |
| NEW YORK ST TWY AUTH GEN REV JR INDBT OBLIGS 4% | NY.NYSTRN 4 01.01.2050 | 0.97% |
| CHILDRENS TR FD P R TOB SETTLEMENT REV 0% | PR.CHIGEN 0 05.15.2057 | 0.90% |
| NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5.25% | NY.NYSHGR 5.25 05.01.2054 | 0.90% |
| NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5.25% | NY.NYSHGR 5.25 10.01.2049 | 0.88% |
| NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 4% | NY.NYSHGR 4 03.15.2048 | 0.85% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.0592 | Aug 29, 2025 |
| Jul 31, 2025 | $0.0593 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0593 | Jun 30, 2025 |
| May 30, 2025 | $0.0581 | May 30, 2025 |
| Apr 30, 2025 | $0.0595 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0563 | Mar 31, 2025 |