Invesco Rochester® Municipal Opportunities Fund Class A (ORNAX)
| Fund Assets | 9.14B |
| Expense Ratio | 1.30% |
| Min. Investment | $1,000 |
| Turnover | 25.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 5.37% |
| Dividend Growth | 1.51% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 6.34 |
| YTD Return | -5.96% |
| 1-Year Return | -3.66% |
| 5-Year Return | 1.55% |
| 52-Week Low | 6.32 |
| 52-Week High | 7.03 |
| Beta (5Y) | n/a |
| Holdings | 1563 |
| Inception Date | Oct 1, 1993 |
About ORNAX
The Invesco Rochester Municipal Opportunities Fund Class A is an open-end mutual fund focused on generating a high level of federally tax-exempt income. It achieves this by investing primarily in a diversified portfolio of both high-yield and investment-grade municipal bonds issued by states, municipalities, and other related entities in the United States. The fund uses an active, research-driven approach, conducting comprehensive credit evaluations—including forward-looking internal ratings and site visits—on all high-yield and unrated holdings to identify relative value opportunities and manage risk effectively. With a large asset base, the fund draws on significant experience and relationships within the vast municipal bond market to uncover and capitalize on specialized opportunities, including positions in non-rated bonds and securities offering potentially higher yields. The fund frequently engages in strategies such as the use of inverse floating rate interests to generate leverage and enhance income, while maintaining a consistent monthly distribution schedule for shareholders. Investors are attracted to the fund for its objective of delivering competitive, tax-advantaged income—important for those in higher tax brackets or seeking income diversification. Ratings from major industry evaluators underscore the fund’s consistent performance history and risk-aware process, positioning it as a notable participant in the high-yield municipal bond segment.
Performance
ORNAX had a total return of -3.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.14%.
Top 10 Holdings
11.22% of assets| Name | Symbol | Weight |
|---|---|---|
| Usd Currency Cash | n/a | 2.08% |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | OH.BUCGEN 5 06.01.2055 | 1.73% |
| CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY TOB SETTLEMENT REV 0% | CA.CASGEN 0 06.01.2050 | 1.24% |
| CHILDRENS TR FD P R TOB SETTLEMENT REV 5.625% | PR.CHIGEN 5.62 05.15.2043 | 1.19% |
| PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 5.25% | SC.PEGUTL 10.01.2054 | 1.18% |
| DISTRICT COLUMBIA TOB SETTLEMENT FING CORP 0% | DC.DISGEN 0 06.15.2055 | 0.96% |
| FLORIDA DEV FIN CORP REV 5.25% | FL.FLSDEV 5.25 07.01.2047 | 0.81% |
| MTA HUDSON RAIL YARDS TR OBLIGS REV 5% | NY.MTAGEN 5 11.15.2051 | 0.69% |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 9.5% | CA.CASDEV 01.01.2065 | 0.68% |
| PUERTO RICO COMWLTH 4% | PR.PRC 4 07.01.2041 | 0.65% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.0297 | Jun 30, 2025 |
| May 30, 2025 | $0.0291 | May 30, 2025 |
| Apr 30, 2025 | $0.0297 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0297 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0297 | Feb 28, 2025 |
| Jan 31, 2025 | $0.0297 | Jan 31, 2025 |