Invesco Municipal Income Fund Class Y (VMIIX)
| Fund Assets | 2.69B |
| Expense Ratio | 0.78% |
| Min. Investment | $1,000 |
| Turnover | 30.00% |
| Dividend (ttm) | 0.50 |
| Dividend Yield | 4.31% |
| Dividend Growth | 5.61% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2026 |
| Previous Close | 11.58 |
| YTD Return | 0.53% |
| 1-Year Return | 4.48% |
| 5-Year Return | 2.91% |
| 52-Week Low | 11.18 |
| 52-Week High | 11.86 |
| Beta (5Y) | n/a |
| Holdings | 566 |
| 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 4.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.14%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2026 | $0.0443 | Apr 30, 2026 |
| Mar 31, 2026 | $0.0428 | Mar 31, 2026 |
| Feb 27, 2026 | $0.0428 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0428 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0428 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0413 | Nov 28, 2025 |