Invesco Limited Term California Municipal Fund Class A (OLCAX)
| Fund Assets | 843.02M |
| Expense Ratio | 0.83% |
| Min. Investment | $1,000 |
| Turnover | 25.00% |
| Dividend (ttm) | 0.10 |
| Dividend Yield | 3.13% |
| Dividend Growth | 8.41% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 3.210 |
| YTD Return | 0.58% |
| 1-Year Return | 3.88% |
| 5-Year Return | 4.62% |
| 52-Week Low | 3.020 |
| 52-Week High | 3.220 |
| Beta (5Y) | n/a |
| Holdings | 406 |
| Inception Date | Feb 25, 2004 |
About OLCAX
Invesco Limited Term California Municipal Fund Class A is a mutual fund focused on generating tax-exempt income by investing primarily in investment-grade municipal bonds issued within California. Its main objective is to provide shareholders with monthly income that is free from both federal and California state personal income tax, appealing to those seeking potential tax-efficient income solutions. The fund predominantly invests in revenue bonds and general obligation bonds from various California issuers, spanning sectors such as state infrastructure, transportation, utilities, and public services. With a significant portion of assets allocated to issuers like the City of Los Angeles Department of Airports and California Community Choice Financing Authority, the portfolio is broadly diversified across over 400 holdings and maintains a moderate average maturity to limit interest rate sensitivity. This fund is recognized for applying rigorous credit research and active management to uncover relative value within the state's municipal market. It serves a specialized role in the broader market by catering to investors who prioritize stable, tax-advantaged income and who have specific state tax considerations due to their California residency or tax status.
Performance
OLCAX had a total return of 3.88% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.80%.
Top 10 Holdings
17.21% of assets| Name | Symbol | Weight |
|---|---|---|
| LOS ANGELES CALIF DEPT ARPTS REV 5% | CA.LOSAPT 5 05.15.2041 | 1.97% |
| LONG BEACH CALIF HBR REV 5% | CA.LONTRN 5 05.15.2040 | 1.94% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 02.01.2055 | 1.92% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.5% | CA.CCEDEV 05.01.2054 | 1.88% |
| CALIFORNIA MUN FIN AUTH SPL FAC REV 4% | CA.CASFIN 4 07.15.2029 | 1.84% |
| SAN JOSE CALIF ARPT REV 5% | CA.SJSAPT 5 03.01.2047 | 1.78% |
| CALIFORNIA PUB FIN AUTH REV 6.25% | CA.CASGEN 6.25 07.01.2054 | 1.57% |
| SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | CA.SFOAPT 5 05.01.2043 | 1.56% |
| TOBACCO SECURITIZATION AUTH SOUTHN CALIF TOB SETTLEMENT REV 5% | CA.TOBGEN 5 06.01.2048 | 1.47% |
| CALIFORNIA ST 5% | CA.CAS 5 08.01.2045 | 1.26% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.0084 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0084 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0084 | Nov 28, 2025 |
| Oct 31, 2025 | $0.0084 | Oct 31, 2025 |
| Sep 30, 2025 | $0.0084 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0084 | Aug 29, 2025 |