About VMINX
Invesco Municipal Income Fund is a mutual fund that seeks a high level of current income exempt from federal income tax while preserving capital. It primarily invests at least 80% of its net assets in a diversified portfolio of long-maturity municipal bonds, which are debt obligations issued by states, cities, counties, and other governmental entities to finance public projects such as schools, highways, and hospitals. The fund may allocate up to 20% of its assets to below-investment-grade municipal securities, introducing higher yield potential alongside increased risk. Managed by a seasoned team of senior portfolio managers including Mark Paris, John Schorle, Julius Williams, Elizabeth Mossow, Jack Connelly, Josh Cooney, and Tim O'Reilly, the fund employs in-depth fundamental research and forward-looking internal ratings to select holdings across the municipal market. Available in multiple share classes such as Investor Class, it emphasizes investment-grade bonds for tax-exempt income, appealing to investors seeking steady distributions from a broad array of municipal issuers.
Fund Family Invesco
Category Muni National Long
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol VMINX
Share Class Investor Class
Index S&P Municipal Bond TR USD
VMINX had a total return of -2.99% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.55%.
