Invesco Rochester® AMT-Free New York Municipal Fund Class A (OPNYX)
| Fund Assets | 601.03M |
| Expense Ratio | 1.06% |
| Min. Investment | $1,000 |
| Turnover | 17.00% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 4.33% |
| Dividend Growth | 5.86% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 9.73 |
| YTD Return | -5.90% |
| 1-Year Return | -4.95% |
| 5-Year Return | -3.75% |
| 52-Week Low | 9.64 |
| 52-Week High | 10.77 |
| Beta (5Y) | 0.35 |
| Holdings | 300 |
| Inception Date | Aug 16, 1984 |
About OPNYX
Invesco Rochester AMT-Free New York Municipal Fund Class A is a tax-exempt municipal bond mutual fund focused on generating income free from federal, New York State, and New York City personal income taxes. The fund seeks to provide consistent, tax-advantaged monthly income primarily to residents of New York. It does this by investing at least 80% of its net assets in securities issued by the state and municipalities of New York, emphasizing investment-grade bonds with credit analysis aimed at uncovering relative value opportunities. The portfolio consists largely of revenue bonds—such as those tied to transportation, utilities, healthcare, and education sectors—with a weighted average maturity of over 22 years and a notable share in long-term debt instruments. Rigorous credit research and a collaborative management approach characterize the fund’s investment process, seeking to manage risk while maximizing income potential. Ongoing portfolio surveillance, diverse sector exposure, and a strong emphasis on credit quality support its long-term objective of delivering tax-free income to New York investors. The fund’s role in the broader market rests on its appeal to individuals seeking federally and locally tax-exempt income, especially those in higher tax brackets or with specific ties to New York state finances.
Performance
OPNYX had a total return of -4.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.37%.
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 | $0.0377 | Jun 30, 2025 |
| May 30, 2025 | $0.0369 | May 30, 2025 |
| Apr 30, 2025 | $0.0377 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0377 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0377 | Feb 28, 2025 |
| Jan 31, 2025 | $0.0377 | Jan 31, 2025 |