Morningstar

Invesco California Municipal Fund Class Y OCAYX

Morningstar Medalist Rating
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Medalist Rating as of See Invesco Investment Hub
  • NAV / 1-Day Return $7.40  /  0.00
  • Fund Size $1.9B
  • Adjusted Expense Ratio 0.500%
  • Net Expense Ratio 0.970%
  • Fee Level: Distribution Below Average
  • Share Class Type Institutional
  • Morningstar Category Muni California Long
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 4.80%
  • Average Effective Duration 10.93 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis OCAYX

Will OCAYX outperform in the 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 OCAYX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Invesco California Municipal Y holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings OCAYX

More OCAYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%

2.24 47M
municipal

CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY TOB SETTLEMENT REV 0%

1.59 33M
municipal

UNIVERSITY CALIF REVS 3.05%

1.44 30M
municipal

CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY TOB SETTLEMENT REV 0%

1.42 30M
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%

1.22 25M
municipal

CALIFORNIA HEALTH FACS FING AUTH REV 4%

1.15 24M
municipal

CALIFORNIA HEALTH FACS FING AUTH REV 5%

1.09 23M
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%

0.97 20M
municipal

CALIFORNIA MUN FIN AUTH SPL FAC REV 4%

0.96 20M
municipal

CALIFORNIA MUN FIN AUTH REV 5%

0.88 18M
municipal

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