Morningstar

Invesco California Municipal Fund Class A OPCAX

Morningstar Medalist Rating
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Medalist Rating as of See Invesco Investment Hub
  • NAV / 1-Day Return$7.65  /  +0.39%
  • Fund Size$1.9B
  • Adjusted Expense Ratio0.750%
  • Net Expense Ratio1.220%
  • Fee Level: DistributionBelow Average
  • Share Class TypeFront Load
  • Morningstar CategoryMuni California Long
  • Fixed-Income Style Box (Funds)—
  • Minimum Initial Investment$1,000
  • Investment StatusOpen
  • TTM Yield4.37%
  • Average Effective Duration10.93 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis OPCAX

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

  • People Pillar

    The People Pillar is our evaluation of the OPCAX 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 OPCAX’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 A holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings OPCAX

More OPCAX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings5.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Usd Currency Cash

6.72132M
Cash and Equivalents

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

2.2845M
municipal

CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY TOB SETTLEMENT REV 0%

1.5530M
municipal

CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY TOB SETTLEMENT REV 0%

1.3827M
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%

1.1422M
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%

1.1322M
municipal

CALIFORNIA HEALTH FACS FING AUTH REV 5%

1.1122M
municipal

CALIFORNIA MUN FIN AUTH SPL FAC REV 4%

0.9919M
municipal

CALIFORNIA HEALTH FACS FING AUTH REV 4%

0.9218M
municipal

CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY TOB SETTLEMENT REV 0%

0.9018M
municipal

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