Invesco Municipal Income Fund Class A (VKMMX)
| Fund Assets | 3.00B |
| Expense Ratio | 1.03% |
| Min. Investment | $1,000 |
| Turnover | 24.00% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 3.74% |
| Dividend Growth | -3.60% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 11.27 |
| YTD Return | -4.12% |
| 1-Year Return | -2.90% |
| 5-Year Return | -1.92% |
| 52-Week Low | 11.18 |
| 52-Week High | 12.23 |
| Beta (5Y) | 0.30 |
| Holdings | 602 |
| Inception Date | Aug 1, 1990 |
About VKMMX
Invesco Municipal Income Fund Class A is an open-end mutual fund specializing in municipal bonds issued by U.S. states, cities, and local governments. Its central purpose is to generate a high level of current income that is exempt from federal income tax, while also aiming to preserve invested capital. The fund primarily invests at least 80% of its assets in a diversified portfolio of investment grade, tax-exempt municipal securities. Managed by Invesco’s seasoned municipal bond team, the fund leverages in-depth research and sector expertise to uncover relative value opportunities across the $4 trillion municipal bond market. Notable features include a monthly distribution policy, with a recent yield near 3.8%, and a long effective duration profile of around 9 years, targeting the Muni National Long category. With over 600 holdings and significant assets under management, the fund’s portfolio is constructed to benefit from Invesco’s market scale and credit analysis capabilities. Its role in the financial market is to provide investors, especially those in higher tax brackets, with a source of tax-advantaged income and stability, making it a key component for income-oriented, tax-sensitive investment strategies.
Performance
VKMMX had a total return of -2.90% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.02%.
Top 10 Holdings
6.99% of assets| Name | Symbol | Weight |
|---|---|---|
| Columbus Regional Airport Authority, Series 2025, RB | n/a | 0.99% |
| Miami-Dade (County of), FL, Subseries 2021 A-1, Ref. RB | FL.MDCTRN 4 10.01.2045 | 0.83% |
| Louisiana (State of) Public Facilities Authority (I-10 Calcasieu River Bridge), Series 2024, RB | n/a | 0.73% |
| Metropolitan Washington Airports Authority, Series 2019 B, Ref. RB | n/a | 0.73% |
| Lower Alabama Gas District (The), Series 2016 A, RB | n/a | 0.70% |
| New York Transportation Development Corp. (John F. Kennedy International Airport New Terminal One) (Green Bonds), Series 2023, RB | n/a | 0.69% |
| Broward (County of), FL, Series 2017, RB | FL.BROAPT 5 10.01.2047 | 0.61% |
| TSASC, Inc., Series 2016 B, Ref. RB | n/a | 0.58% |
| Buckeye Tobacco Settlement Financing Authority, Series 2020 B-2, Ref. RB | OH.BUCGEN 5 06.01.2055 | 0.58% |
| Texas (State of) Water Development Board (Master Trust), Series 2022, RB | TX.TXSWTR 5 10.15.2047 | 0.55% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.0379 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0379 | Jun 30, 2025 |
| May 30, 2025 | $0.03708 | May 30, 2025 |
| Apr 30, 2025 | $0.0379 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0364 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0364 | Feb 28, 2025 |