Invesco Rochester® AMT-Free New York Municipal Fund Class Y (ONYYX)
| Fund Assets | 601.03M |
| Expense Ratio | 0.82% |
| Min. Investment | $1,000 |
| Turnover | 17.00% |
| Dividend (ttm) | 0.47 |
| Dividend Yield | 4.87% |
| Dividend Growth | 5.60% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 9.74 |
| YTD Return | -5.74% |
| 1-Year Return | -4.36% |
| 5-Year Return | -2.30% |
| 52-Week Low | 9.65 |
| 52-Week High | 10.78 |
| Beta (5Y) | n/a |
| Holdings | 300 |
| Inception Date | Jan 31, 2011 |
About ONYYX
Invesco Rochester AMT-Free New York Municipal Fund Class Y is a tax-exempt municipal bond mutual fund designed for investors seeking income exempt from federal and New York State income taxes. The fund primarily invests in a diversified portfolio of investment-grade municipal securities issued by New York governmental entities, emphasizing revenue bonds that support infrastructure and public projects across the state. With more than 300 holdings and a weighted average maturity exceeding 22 years, the fund strives to provide competitive monthly income distributions while navigating credit and interest rate risks through rigorous fundamental credit research and a collaborative management approach. It is specifically structured to avoid exposure to the alternative minimum tax, making it attractive to residents of New York aiming to maximize after-tax income. The fund plays a strategic role in the municipal bond market by offering investors access to professionally managed, locally focused fixed income, and its diversified holdings reflect a mix of essential services and development sectors throughout New York State.
Performance
ONYYX had a total return of -4.36% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.47%.
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 | $0.0398 | Jun 30, 2025 |
| May 30, 2025 | $0.0389 | May 30, 2025 |
| Apr 30, 2025 | $0.0399 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0399 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0399 | Feb 28, 2025 |
| Jan 31, 2025 | $0.0399 | Jan 31, 2025 |