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.
Fund Family Invesco
Category Muni National Long
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol VKMSX
Share Class Class R6
Index S&P Municipal Bond TR USD
VKMSX had a total return of 6.84% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.59%.
