Invesco Rochester® Municipal Opportunities Fund Class A (ORNAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
6.34
0.00 (0.00%)
Jul 25, 2025, 9:30 AM EDT
Fund Assets9.14B
Expense Ratio1.30%
Min. Investment$1,000
Turnover25.00%
Dividend (ttm)0.36
Dividend Yield5.37%
Dividend Growth1.51%
Payout FrequencyMonthly
Ex-Dividend DateJun 30, 2025
Previous Close6.34
YTD Return-5.96%
1-Year Return-3.66%
5-Year Return1.55%
52-Week Low6.32
52-Week High7.03
Beta (5Y)n/a
Holdings1563
Inception DateOct 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.

Fund Family Invesco
Category High Yield Muni
Stock Exchange NASDAQ
Ticker Symbol ORNAX
Share Class Class A
Index S&P Municipal Bond High Yield TR USD

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%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
IORYXClass R60.98%
IORHXClass R51.05%
ORNYXClass Y1.05%
ORNCXClass C1.95%

Top 10 Holdings

11.22% of assets
NameSymbolWeight
Usd Currency Cashn/a2.08%
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%OH.BUCGEN 5 06.01.20551.73%
CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY TOB SETTLEMENT REV 0%CA.CASGEN 0 06.01.20501.24%
CHILDRENS TR FD P R TOB SETTLEMENT REV 5.625%PR.CHIGEN 5.62 05.15.20431.19%
PATRIOTS ENERGY GROUP FING AGY S C GAS SUPPLY REV 5.25%SC.PEGUTL 10.01.20541.18%
DISTRICT COLUMBIA TOB SETTLEMENT FING CORP 0%DC.DISGEN 0 06.15.20550.96%
FLORIDA DEV FIN CORP REV 5.25%FL.FLSDEV 5.25 07.01.20470.81%
MTA HUDSON RAIL YARDS TR OBLIGS REV 5%NY.MTAGEN 5 11.15.20510.69%
CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 9.5%CA.CASDEV 01.01.20650.68%
PUERTO RICO COMWLTH 4%PR.PRC 4 07.01.20410.65%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jun 30, 2025$0.0297Jun 30, 2025
May 30, 2025$0.0291May 30, 2025
Apr 30, 2025$0.0297Apr 30, 2025
Mar 31, 2025$0.0297Mar 31, 2025
Feb 28, 2025$0.0297Feb 28, 2025
Jan 31, 2025$0.0297Jan 31, 2025
Full Dividend History