Invesco Municipal Income Fund Class Y (VMIIX)
| Fund Assets | 3.00B |
| Expense Ratio | 0.78% |
| Min. Investment | $1,000 |
| Turnover | 24.00% |
| Dividend (ttm) | 0.47 |
| Dividend Yield | 4.17% |
| Dividend Growth | -3.33% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 11.27 |
| YTD Return | -4.46% |
| 1-Year Return | -3.10% |
| 5-Year Return | -0.87% |
| 52-Week Low | 11.18 |
| 52-Week High | 12.23 |
| Beta (5Y) | n/a |
| Holdings | 602 |
| Inception Date | Aug 12, 2005 |
About VMIIX
Invesco Municipal Income Fund Class Y is an actively managed mutual fund within the municipal bond asset category. The fund’s core purpose is to generate a high level of current income that is exempt from federal income tax, aligning with the objective of capital preservation. It achieves this by investing at least 80% of its assets in a diversified portfolio of investment-grade municipal securities, which are debt instruments issued by state and local governments primarily to finance public projects such as infrastructure, schools, and transportation systems. Featuring a portfolio that typically spans over 600 holdings with an effective duration of around 9 years, the fund's structure is categorized as “Muni National Long.” This classification indicates a focus on longer-term bonds from multiple states, helping to spread risk and provide steady, tax-advantaged income. With monthly income payouts and assets under management approaching $3 billion, Invesco Municipal Income Fund Class Y plays a significant role for investors seeking stable, tax-free yields and diversification within the fixed income sector, particularly for those in higher tax brackets aiming to enhance after-tax returns.
Performance
VMIIX had a total return of -3.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.84%.
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 | $0.0403 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0403 | Jun 30, 2025 |
| May 30, 2025 | $0.03943 | May 30, 2025 |
| Apr 30, 2025 | $0.0404 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0389 | Mar 31, 2025 |
| Feb 28, 2025 | $0.0389 | Feb 28, 2025 |