Invesco Rochester Limited Term New York Municipal Fund (LTNCX)
| Fund Assets | 1.41B |
| Expense Ratio | 1.66% |
| Min. Investment | $1,000 |
| Turnover | 26.00% |
| Dividend (ttm) | 0.07 |
| Dividend Yield | 2.49% |
| Dividend Growth | 9.40% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 2.740 |
| YTD Return | -0.80% |
| 1-Year Return | -0.18% |
| 5-Year Return | 0.15% |
| 52-Week Low | 2.690 |
| 52-Week High | 2.820 |
| Beta (5Y) | n/a |
| Holdings | 490 |
| Inception Date | May 1, 1997 |
About LTNCX
Invesco Rochester Limited Term New York Municipal Fund Class C is a municipal bond mutual fund designed to provide investors with tax-free income. Its primary objective is to invest at least 80% of net assets in investment-grade municipal securities whose income is exempt from federal, New York State, and New York City personal income taxes. The fund features rigorous credit research and a diversified portfolio, with a focus on revenue and general obligation bonds issued by New York entities. As of mid-2025, the fund held nearly 500 municipal bond positions, with an average effective maturity of 5.3 years and option-adjusted duration of approximately 4.7 years. It seeks to offer competitive monthly distribution yields, benefiting investors looking for stable, tax-advantaged income. The fund manages significant assets and is structured for those seeking exposure to New York’s municipal bond market within a carefully risk-managed, income-focused strategy. Notable characteristics include a relatively high expense ratio and monthly dividend payouts, designed for investors prioritizing tax-exempt cash flow over capital appreciation in the municipal bond segment.
Performance
LTNCX had a total return of -0.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.48%.
Top 10 Holdings
12.94% of assets| Name | Symbol | Weight |
|---|---|---|
| CHILDRENS TR FD P R TOB SETTLEMENT REV 5.5% | PR.CHIGEN 5.5 05.15.2039 | 1.88% |
| Usd Currency Cash | n/a | 1.84% |
| NEW YORK ST TWY AUTH ST PERS INCOME TAX REV 4% | NY.NYSTRN 4 03.15.2043 | 1.57% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5% | NY.NYCGEN 5 05.01.2042 | 1.55% |
| NEW YORK CONVENTION CTR DEV CORP N Y REV 5% | NY.NYSDEV 5 11.15.2040 | 1.13% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH BLDG AID REV 5% | NY.NYCFAC 5 07.15.2040 | 1.11% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH BLDG AID REV 5% | NY.NYCFAC 5 07.15.2036 | 1.09% |
| UTILITY DEBT SECURITIZATION AUTH N Y 5% | NY.UTLUTL 5 12.15.2040 | 0.95% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 5% | NY.NYTTRN 5 01.01.2034 | 0.93% |
| NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5% | NY.NYSHGR 5 03.15.2040 | 0.89% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.0063 | Aug 29, 2025 |
| Jul 31, 2025 | $0.0063 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0062 | Jun 30, 2025 |
| May 30, 2025 | $0.0061 | May 30, 2025 |
| Apr 30, 2025 | $0.0062 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0062 | Mar 31, 2025 |