Invesco Rochester® Municipal Opportunities Fund Class C (ORNCX)
| Fund Assets | 9.14B |
| Expense Ratio | 1.95% |
| Min. Investment | $1,000 |
| Turnover | 25.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 4.92% |
| Dividend Growth | 1.60% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 6.31 |
| YTD Return | -5.99% |
| 1-Year Return | -4.13% |
| 5-Year Return | -1.30% |
| 52-Week Low | 6.29 |
| 52-Week High | 7.00 |
| Beta (5Y) | 0.38 |
| Holdings | 1563 |
| Inception Date | Aug 29, 1995 |
About ORNCX
Invesco Rochester Municipal Opportunities Fund Class C is a mutual fund focused on generating tax-exempt income by investing primarily in U.S. municipal bonds. The fund adopts an opportunistic approach, allocating assets across both high yield and investment grade municipal securities whose income is generally exempt from federal personal income tax. Managed by an experienced team, the fund is positioned within the high yield municipal bond category, often holding a significant portion of bonds that are rated below BBB or are non-rated, seeking higher yields through in-depth credit research and identifying value among lesser-known issuers. The fund’s investment process emphasizes a bottom-up, research-oriented strategy to uncover opportunities in the $4 trillion municipal bond market. Its flexible mandate enables it to benefit from market inefficiencies and anomalies, particularly in the high yield and non-rated municipal segments. Invesco's municipal team assigns internal ratings, often conducts site visits for non-rated deals, and leverages broad industry relationships. As one of the nation’s largest high yield municipal bond managers, the fund plays a substantial role for investors seeking tax-aware income solutions while balancing risk with a disciplined, research-driven selection process.
Performance
ORNCX had a total return of -4.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.41%.
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 | $0.026 | Jun 30, 2025 |
| May 30, 2025 | $0.0254 | May 30, 2025 |
| Apr 30, 2025 | $0.0259 | Apr 30, 2025 |
| Mar 31, 2025 | $0.026 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0259 | Feb 28, 2025 |
| Jan 31, 2025 | $0.0258 | Jan 31, 2025 |