Invesco California Municipal Fund Class Y (OCAYX)
| Fund Assets | 2.09B |
| Expense Ratio | 0.89% |
| Min. Investment | $1,000 |
| Turnover | 19.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 4.46% |
| Dividend Growth | 2.45% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 7.49 |
| YTD Return | -5.77% |
| 1-Year Return | -4.02% |
| 5-Year Return | -1.73% |
| 52-Week Low | 7.47 |
| 52-Week High | 8.26 |
| Beta (5Y) | n/a |
| Holdings | 703 |
| Inception Date | Nov 29, 2010 |
About OCAYX
Invesco California Municipal Fund Class Y is a tax-exempt municipal bond mutual fund focused on generating high levels of monthly income that are exempt from both federal and California state income taxes. Managed by Invesco, the fund primarily invests at least 80% of its assets in municipal securities issued by entities within California, such as state or local governments and agencies. It typically emphasizes investment-grade bonds, though holdings may include some below-investment-grade securities depending on the credit landscape and income potential. The fund holds a broad and diversified portfolio—over 700 individual securities—including bonds supporting vital infrastructure projects such as airports, healthcare facilities, water utilities, and universities. With a relatively long weighted average maturity of nearly 22 years and an effective duration of around 9 years, the fund is designed for investors seeking stable, tax-advantaged income while accepting moderate interest rate sensitivity. Invesco California Municipal Fund Class Y is recognized for its disciplined, research-driven investment approach and has consistently demonstrated strong risk-adjusted returns within its category, making it a significant player among California-focused municipal bond funds.
Performance
OCAYX had a total return of -4.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.53%.
Top 10 Holdings
12.40% of assets| Name | Symbol | Weight |
|---|---|---|
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | CA.SFOAPT 5 05.01.2049 | 2.25% |
| CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY TOB SETTLEMENT REV 0% | CA.CASGEN 0 06.01.2055 | 1.53% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 01.01.2055 | 1.36% |
| CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY TOB SETTLEMENT REV 0% | CA.CASGEN 0 06.01.2055 | 1.29% |
| SAN DIEGO CNTY CALIF REGL ARPT AUTH ARPT REV 5% | CA.SDGAPT 5 07.01.2056 | 1.12% |
| CALIFORNIA HEALTH FACS FING AUTH REV 5% | CA.CASMED 5 11.15.2046 | 1.02% |
| LOS ANGELES CALIF DEPT WTR & PWR REV 5% | CA.LOSUTL 5 07.01.2047 | 0.99% |
| UNIVERSITY CALIF REVS 5% | CA.UNVHGR 5 05.15.2048 | 0.97% |
| Usd Currency Cash | n/a | 0.95% |
| CALIFORNIA MUN FIN AUTH SPL FAC REV 4% | CA.CASFIN 4 07.15.2029 | 0.93% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.0284 | Jun 30, 2025 |
| May 30, 2025 | $0.0277 | May 30, 2025 |
| Apr 30, 2025 | $0.0284 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0284 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0284 | Feb 28, 2025 |
| Jan 31, 2025 | $0.0277 | Jan 31, 2025 |