Invesco Municipal Income Fund Class C (VMICX)
| Fund Assets | 3.00B |
| Expense Ratio | 1.78% |
| Min. Investment | $1,000 |
| Turnover | 24.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.12% |
| Dividend Growth | -5.61% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 11.18 |
| YTD Return | -5.14% |
| 1-Year Return | -4.03% |
| 5-Year Return | -5.82% |
| 52-Week Low | 11.14 |
| 52-Week High | 12.19 |
| Beta (5Y) | n/a |
| Holdings | 602 |
| Inception Date | Aug 13, 1993 |
About VMICX
Invesco Municipal Income Fund Class C is a mutual fund specializing in generating a high level of current income that is generally exempt from federal income tax. Its primary strategy is to invest at least 80% of its assets in a diversified portfolio of investment-grade municipal securities, such as bonds issued by various state and local governments. These securities are often used to fund public projects like infrastructure, transportation, and utilities, with the fund spreading its holdings across multiple states and sectors to mitigate risk. The fund’s stated goal is to provide tax-exempt income while seeking preservation of capital, appealing particularly to investors seeking reliable, tax-advantaged cash flow. It distributes dividends monthly and is classified in the “Muni National Long” category, reflecting its focus on longer maturities. Managed by Invesco and launched in 1993, the fund holds hundreds of unique securities, and its asset base is significant within the municipal bond sector. With a below-average performance rating but an above-average risk profile, Invesco Municipal Income Fund Class C plays a notable role in helping investors balance taxable income exposure and long-term capital stability in the broader fixed income market.
Performance
VMICX had a total return of -4.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.56%.
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 | $0.0305 | Jun 30, 2025 |
| May 30, 2025 | $0.02975 | May 30, 2025 |
| Apr 30, 2025 | $0.0303 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0288 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0288 | Feb 28, 2025 |
| Jan 31, 2025 | $0.0287 | Jan 31, 2025 |