Invesco Rochester® AMT-Free New York Municipal Fund Class C (ONYCX)
| Fund Assets | 601.03M |
| Expense Ratio | 1.82% |
| Min. Investment | $1,000 |
| Turnover | 17.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.79% |
| Dividend Growth | 7.24% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 9.73 |
| YTD Return | -5.98% |
| 1-Year Return | -5.42% |
| 5-Year Return | -6.79% |
| 52-Week Low | 9.64 |
| 52-Week High | 10.77 |
| Beta (5Y) | n/a |
| Holdings | 300 |
| Inception Date | Aug 29, 1995 |
About ONYCX
Invesco Rochester AMT-Free New York Municipal Fund Class C is a mutual fund specializing in municipal bonds, with a focus on securities issued by entities within New York State. Its primary purpose is to provide investors with income that is exempt from both federal and New York State personal income taxes, making it especially attractive to residents seeking tax-efficient fixed income solutions. The fund predominantly invests in long-duration municipal debt instruments, targeting portfolios with durations greater than six years or average maturities exceeding twelve years. This strategy positions the fund as a source of stable, tax-advantaged income, particularly appealing to investors concerned with after-tax yield. Managed actively since its inception in 1995, the fund pools assets across a diverse range of New York municipal issuers, including state authorities, local governments, and other public entities financing infrastructure, education, and essential services. As of the latest data, it maintains a substantial asset base and is structured for accessibility, typically with a minimum investment requirement. The fund plays a significant role in facilitating capital for public projects in New York, while offering investors efficient access to the municipal bond market with specific state tax benefits.
Performance
ONYCX had a total return of -5.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.16%.
Top 10 Holdings
25.41% of assets| Name | Symbol | Weight |
|---|---|---|
| Triborough Bridge & Tunnel Authority (MTA Bridges & Tunnels), Series 2021 A, RB | n/a | 5.57% |
| New York (State of) Thruway Authority (Bidding Group 1) (Green Bonds), Series 2022 C, RB | n/a | 2.89% |
| Metropolitan Transportation Authority, Series 2016 C-1, RB | NY.MTATRN 5.25 11.15.2056 | 2.76% |
| MTA Hudson Rail Yards Trust Obligations, Series 2016 A, RB | NY.MTAGEN 5 11.15.2056 | 2.73% |
| New York (City of), NY, Series 2020 AA-1, Ref. RB | NY.NYCUTL 4 06.15.2050 | 2.55% |
| New York (State of) Utility Debt Securitization Authority, Series 2017, RB | n/a | 2.12% |
| New York Counties Tobacco Trust V, Series 2005 S-1, RB | NY.NYSGEN 0 06.01.2038 | 1.79% |
| New York (City of), NY, Series 2024 C-1, GO Bonds | NY.NYC 5.25 09.01.2046 | 1.71% |
| Triborough Bridge & Tunnel Authority (MTA Bridges & Tunnels), Series 2022 A, RB | NY.TRITRN 5.25 05.15.2057 | 1.67% |
| New York (State of) Thruway Authority, Series 2016 A, RB | n/a | 1.63% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.0314 | Jun 30, 2025 |
| May 30, 2025 | $0.0306 | May 30, 2025 |
| Apr 30, 2025 | $0.0311 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0312 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0312 | Feb 28, 2025 |
| Jan 31, 2025 | $0.031 | Jan 31, 2025 |