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Morningstar

Invesco Municipal Income A VKMMX

Morningstar Medalist Rating
Medalist Rating as of | See Invesco Investment Hub
  • NAV / 1-Day Return 11.86  /  −0.07 %
  • Total Assets 3.4 Bil
  • Adj. Expense Ratio
    0.810%
  • Expense Ratio 1.030%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Muni National Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.79%
  • Effective Duration 8.06 years

USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 10:22 PM GMT+0

Morningstar’s Analysis VKMMX

Will VKMMX 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 VKMMX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the VKMMX 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 VKMMX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Low Process Pillar rating limit Invesco 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-highest quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings VKMMX

More VKMMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

LOWER ALA GAS DIST GAS PROJ REV 5%

0.86 29.3 Mil
municipal

Usd Currency Cash

0.82 27.7 Mil
Cash and Equivalents

MIAMI-DADE CNTY FLA SEAPORT REV 4%

0.79 26.8 Mil
municipal

METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 4%

0.72 24.5 Mil
municipal

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%

0.64 21.9 Mil
municipal

WASHINGTON ST CONVENTION CTR PUB FACS DIST 5%

0.60 20.5 Mil
municipal

BROWARD CNTY FLA ARPT SYS REV 5%

0.57 19.4 Mil
municipal

TEXAS WTR DEV BRD REV 5%

0.53 18.0 Mil
municipal

UNIVERSITY TEX UNIV REVS 5%

0.53 18.0 Mil
municipal

CHILDRENS TR FD P R TOB SETTLEMENT REV 0%

0.50 16.8 Mil
municipal