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Morningstar

Invesco Limited Term Municipal Income A ATFAX

Morningstar Medalist Rating
Medalist Rating as of | See Invesco Investment Hub
  • NAV / 1-Day Return 10.93  /  +0.01 %
  • Total Assets 2.9 Bil
  • Adj. Expense Ratio
    0.580%
  • Expense Ratio 0.580%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.16%
  • Effective Duration 3.83 years

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:16 PM GMT+0

Morningstar’s Analysis ATFAX

Will ATFAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ATFAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ATFAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ATFAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Invesco Limited Term Municipal Income A to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings ATFAX

More ATFAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Usd Currency Cash

1.11 32.8 Mil
Cash and Equivalents

KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%

0.88 25.8 Mil
municipal

RIB FLOATER TR VARIOUS STS 3.77%

0.86 25.4 Mil
municipal

ILLINOIS ST TOLL HWY AUTH TOLL HIGHWAY REV 5%

0.85 25.1 Mil
municipal

WASHINGTON ST HEALTH CARE FACS AUTH REV 5%

0.73 21.7 Mil
municipal

TEXAS ST 5%

0.73 21.5 Mil
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%

0.71 21.0 Mil
municipal

MET GOVT NASHVILLE & DAVIDSON CNTY TENN H & E FACS BRD REV 5%

0.71 20.9 Mil
municipal

PUERTO RICO COMWLTH 5.375%

0.70 20.7 Mil
municipal

TARRANT CNTY TEX CULTURAL ED FACS FIN CORP REV 5%

0.69 20.4 Mil
municipal