Invesco California Municipal Fund Class Y (OCAYX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
7.49
0.00 (0.00%)
Jul 24, 2025, 4:00 PM EDT
Fund Assets2.09B
Expense Ratio0.89%
Min. Investment$1,000
Turnover19.00%
Dividend (ttm)0.33
Dividend Yield4.46%
Dividend Growth2.45%
Payout FrequencyMonthly
Ex-Dividend DateJun 30, 2025
Previous Close7.49
YTD Return-5.77%
1-Year Return-4.02%
5-Year Return-1.73%
52-Week Low7.47
52-Week High8.26
Beta (5Y)n/a
Holdings703
Inception DateNov 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.

Fund Family Invesco
Category Muni California Long
Stock Exchange NASDAQ
Ticker Symbol OCAYX
Share Class Class Y
Index Index is not available on Lipper Database

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%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
IORCXClass R60.84%
OPCAXClass A1.14%
OCACXClass C1.89%

Top 10 Holdings

12.40% of assets
NameSymbolWeight
SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%CA.SFOAPT 5 05.01.20492.25%
CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY TOB SETTLEMENT REV 0%CA.CASGEN 0 06.01.20551.53%
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%CA.CCEDEV 01.01.20551.36%
CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY TOB SETTLEMENT REV 0%CA.CASGEN 0 06.01.20551.29%
SAN DIEGO CNTY CALIF REGL ARPT AUTH ARPT REV 5%CA.SDGAPT 5 07.01.20561.12%
CALIFORNIA HEALTH FACS FING AUTH REV 5%CA.CASMED 5 11.15.20461.02%
LOS ANGELES CALIF DEPT WTR & PWR REV 5%CA.LOSUTL 5 07.01.20470.99%
UNIVERSITY CALIF REVS 5%CA.UNVHGR 5 05.15.20480.97%
Usd Currency Cashn/a0.95%
CALIFORNIA MUN FIN AUTH SPL FAC REV 4%CA.CASFIN 4 07.15.20290.93%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jun 30, 2025$0.0284Jun 30, 2025
May 30, 2025$0.0277May 30, 2025
Apr 30, 2025$0.0284Apr 30, 2025
Mar 31, 2025$0.0284Mar 31, 2025
Feb 28, 2025$0.0284Feb 28, 2025
Jan 31, 2025$0.0277Jan 31, 2025
Full Dividend History