Invesco California Municipal Fund Class A (OPCAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
7.49
0.00 (0.00%)
Jul 24, 2025, 9:30 AM EDT
Fund Assets2.09B
Expense Ratio1.14%
Min. Investment$1,000
Turnover19.00%
Dividend (ttm)0.31
Dividend Yield4.02%
Dividend Growth2.55%
Payout FrequencyMonthly
Ex-Dividend DateJun 30, 2025
Previous Close7.49
YTD Return-5.86%
1-Year Return-4.26%
5-Year Return-3.22%
52-Week Low7.47
52-Week High8.26
Beta (5Y)0.33
Holdings703
Inception DateNov 3, 1988

About OPCAX

The Invesco California Municipal Fund is an actively managed municipal bond mutual fund designed to deliver tax-free income by investing primarily in investment-grade municipal securities issued within California. Its primary objective is to provide current income that is exempt from both federal and California personal income taxes, appealing particularly to California residents seeking tax-efficient investment options. The fund ordinarily allocates at least 80% of its assets to California municipal bonds, supporting essential public projects like infrastructure, airports, transportation, healthcare, and education facilities. With a broad portfolio—over 700 individual securities—and an emphasis on rigorous credit research, the fund seeks to balance income generation with preservation of capital. As of its latest reporting, the fund manages assets in excess of $2 billion and distributes income monthly. Its focus exposes investors to the unique economic and fiscal dynamics of California, making it more sensitive to state-specific risks and events compared to nationally diversified municipal funds. The fund’s role in the market is to provide an avenue for investors to access reliable, tax-exempt income streams while contributing capital to the state’s municipal development projects.

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

Performance

OPCAX had a total return of -4.26% 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%
OCAYXClass Y0.89%
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$0.0267Jun 30, 2025
May 30, 2025$0.0261May 30, 2025
Apr 30, 2025$0.0267Apr 30, 2025
Mar 31, 2025$0.0267Mar 31, 2025
Feb 28, 2025$0.0267Feb 28, 2025
Jan 31, 2025$0.026Jan 31, 2025
Full Dividend History