Invesco Municipal Income Fund Class R6 (VKMSX)
| Fund Assets | 3.00B |
| Expense Ratio | 0.73% |
| Min. Investment | $1,000,000 |
| Turnover | 24.00% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 4.24% |
| Dividend Growth | -3.79% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 11.24 |
| YTD Return | -4.44% |
| 1-Year Return | -2.58% |
| 5-Year Return | -0.21% |
| 52-Week Low | 11.18 |
| 52-Week High | 12.23 |
| Beta (5Y) | n/a |
| Holdings | 602 |
| Inception Date | Apr 4, 2017 |
About VKMSX
The Invesco Municipal Income Fund R6 is a mutual fund that specializes in providing a high level of current income exempt from federal income tax, aligning with the goal of capital preservation. This fund invests primarily—at least 80% of its assets—in a diversified portfolio of investment-grade municipal bonds issued by states, cities, and public agencies across the United States. These municipal securities typically finance essential public infrastructure projects, such as schools, roads, and hospitals, thereby supporting local development while offering income streams to investors. Managed by a team of seasoned professionals, the fund uses in-depth credit research to seek opportunities across both rated and selectively non-rated bonds within the vast U.S. municipal market. With over $2.8 billion in assets and more than 600 holdings, the fund is recognized for its robust risk management, monthly tax-exempt distributions, and above-average risk rating in its class. Its focus on tax efficiency makes it especially relevant for investors seeking federally tax-free income, particularly those in higher tax brackets, while contributing to the market’s liquidity and diversification within the municipal bond segment.
Performance
VKMSX had a total return of -2.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.78%.
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 |
|---|---|---|
| Jun 30, 2025 | $0.0408 | Jun 30, 2025 |
| May 30, 2025 | $0.03992 | May 30, 2025 |
| Apr 30, 2025 | $0.0409 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0395 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0395 | Feb 28, 2025 |
| Jan 31, 2025 | $0.0394 | Jan 31, 2025 |